Western Bulk Chartering AS

OB:WEST Stock Report

Market Cap: NOK 682.5m

Western Bulk Chartering Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Torbjoern Gjervik

Chief executive officer

US$472.0k

Total compensation

CEO salary percentage90.25%
CEO tenure1.8yrs
CEO ownershipn/a
Management average tenure1.8yrs
Board average tenure1.1yrs

Recent management updates

Recent updates

New Narrative Mar 11

Tight Dry Bulk Utilization And Asset Light Co Investments Will Support Long Term Earnings Quality

Catalysts About Western Bulk Chartering Western Bulk Chartering is an asset light dry bulk operator that matches vessels and cargoes to provide transport solutions and risk management for customers. What are the underlying business or industry changes driving this perspective?
Analysis Article May 01

Cause For Concern? One Analyst Thinks Western Bulk Chartering AS' (OB:WEST) Revenues Are Under Threat

The latest analyst coverage could presage a bad day for Western Bulk Chartering AS ( OB:WEST ), with the covering...
Analysis Article Nov 22

Why We Like The Returns At Western Bulk Chartering (OB:WEST)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Oct 19

Western Bulk Chartering (OB:WEST) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 30

Is Western Bulk Chartering (OB:WEST) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 25

Western Bulk Chartering's (OB:WEST) Strong Earnings Are Of Good Quality

Western Bulk Chartering AS ( OB:WEST ) just reported healthy earnings but the stock price didn't move much. Our...
Analysis Article Aug 22

Here's Why We Think Western Bulk Chartering (OB:WEST) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 27

Upgrade: Analysts Just Made A Stunning Increase To Their Western Bulk Chartering AS (OB:WEST) Forecasts

Western Bulk Chartering AS ( OB:WEST ) shareholders will have a reason to smile today, with the covering analyst making...
Analysis Article Apr 28

Here's Why I Think Western Bulk Chartering (OB:WEST) Is An Interesting Stock

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article Feb 21

Western Bulk Chartering (OB:WEST) Seems To Use Debt Rather Sparingly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

CEO Compensation Analysis

How has Torbjoern Gjervik's remuneration changed compared to Western Bulk Chartering's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$472kUS$426k

US$5m

Sep 30 2025n/an/a

-US$960k

Jun 30 2025n/an/a

-US$7m

Mar 31 2025n/an/a

-US$5m

Dec 31 2024US$466kUS$154k

-US$3m

Compensation vs Market: Torbjoern's total compensation ($USD472.00K) is about average for companies of similar size in the Norwegian market ($USD392.23K).

Compensation vs Earnings: Torbjoern's compensation has been consistent with company performance over the past year.


CEO

Torbjoern Gjervik

1.8yrs
Tenure
US$472,000
Compensation

Mr. Torbjoern Gjervik was Head of the North Atlantic desk of Western Bulk Chartering AS until September 1, 2024. He is Group Chief Executive Officer of Western Bulk Chartering AS from September 1, 2024.


Leadership Team

NamePositionTenureCompensationOwnership
Torbjoern Gjervik
Group Chief Executive Officer1.8yrsUS$472.00kno data
Kenneth Thu
Chief Financial Officer9.1yrsno data0.27%
NOK 1.9m
Amit Jakhmola
Head of the Indian Ocean desk1.8yrsno datano data
Joachim Frantsen
Head of the North Atlantic desk1.8yrsno datano data
1.8yrs
Average Tenure

Experienced Management: WEST's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gunnar Jacobsen
Chairman of the Boardless than a yearno datano data
Otto Moltke-Hansen
Directorless than a yearno datano data
Ulrika Laurin
Member of the Board2.5yrsno datano data
Betina Nygaard
Member of the Board2.5yrsno datano data
Espen Abo
Director1.1yrsno datano data
1.1yrs
Average Tenure

Experienced Board: WEST's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/23 03:05
End of Day Share Price 2026/07/23 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Western Bulk Chartering AS is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyrre FlesjaDNB Carnegie
Jostein AschjemDNB Carnegie