Elmera Group ASA

OB:ELMRA Stock Report

Market Cap: NOK 4.2b

Elmera Group Management

Management criteria checks 4/4

Elmera Group's CEO is Rolf Barmen, appointed in Jan 2013, has a tenure of 11.92 years. total yearly compensation is NOK4.78M, comprised of 72.8% salary and 27.2% bonuses, including company stock and options. directly owns 0.072% of the company’s shares, worth NOK3.06M. The average tenure of the management team and the board of directors is 2.3 years and 3.7 years respectively.

Key information

Rolf Barmen

Chief executive officer

NOK 4.8m

Total compensation

CEO salary percentage72.8%
CEO tenure11.9yrs
CEO ownership0.07%
Management average tenure2.3yrs
Board average tenure3.7yrs

Recent management updates

We Think Elmera Group ASA's (OB:ELMRA) CEO Compensation Package Needs To Be Put Under A Microscope

Apr 18
We Think Elmera Group ASA's (OB:ELMRA) CEO Compensation Package Needs To Be Put Under A Microscope

Recent updates

We Think Elmera Group's (OB:ELMRA) Solid Earnings Are Understated

Aug 23
We Think Elmera Group's (OB:ELMRA) Solid Earnings Are Understated

Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 17
Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

We Think Elmera Group ASA's (OB:ELMRA) CEO Compensation Package Needs To Be Put Under A Microscope

Apr 18
We Think Elmera Group ASA's (OB:ELMRA) CEO Compensation Package Needs To Be Put Under A Microscope

We Like The Quality Of Elmera Group's (OB:ELMRA) Earnings

Feb 22
We Like The Quality Of Elmera Group's (OB:ELMRA) Earnings

We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt

Jan 27
We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt

Investors Appear Satisfied With Elmera Group ASA's (OB:ELMRA) Prospects As Shares Rocket 25%

Dec 23
Investors Appear Satisfied With Elmera Group ASA's (OB:ELMRA) Prospects As Shares Rocket 25%

New Forecasts: Here's What Analysts Think The Future Holds For Elmera Group ASA (OB:ELMRA)

Dec 17
New Forecasts: Here's What Analysts Think The Future Holds For Elmera Group ASA (OB:ELMRA)

Time To Worry? Analysts Are Downgrading Their Elmera Group ASA (OB:ELMRA) Outlook

Jan 20
Time To Worry? Analysts Are Downgrading Their Elmera Group ASA (OB:ELMRA) Outlook

Is It Too Late To Consider Buying Elmera Group ASA (OB:ELMRA)?

Dec 24
Is It Too Late To Consider Buying Elmera Group ASA (OB:ELMRA)?

This Just In: Analysts Are Boosting Their Elmera Group ASA (OB:ELMRA) Outlook for Next Year

Nov 05
This Just In: Analysts Are Boosting Their Elmera Group ASA (OB:ELMRA) Outlook for Next Year

Is Elmera Group (OB:ELMRA) Using Too Much Debt?

Sep 26
Is Elmera Group (OB:ELMRA) Using Too Much Debt?

Is It Time To Consider Buying Elmera Group ASA (OB:ELMRA)?

Sep 05
Is It Time To Consider Buying Elmera Group ASA (OB:ELMRA)?

Some Analysts Just Cut Their Elmera Group ASA (OB:ELMRA) Estimates

May 07
Some Analysts Just Cut Their Elmera Group ASA (OB:ELMRA) Estimates

Fjordkraft Holding (OB:FKRFT) Has A Pretty Healthy Balance Sheet

Apr 08
Fjordkraft Holding (OB:FKRFT) Has A Pretty Healthy Balance Sheet

CEO Compensation Analysis

How has Rolf Barmen's remuneration changed compared to Elmera Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 236m

Jun 30 2024n/an/a

NOK 229m

Mar 31 2024n/an/a

NOK 201m

Dec 31 2023NOK 5mNOK 3m

NOK 192m

Sep 30 2023n/an/a

NOK 60m

Jun 30 2023n/an/a

NOK 7m

Mar 31 2023n/an/a

NOK 86m

Dec 31 2022NOK 5mNOK 3m

NOK 74m

Sep 30 2022n/an/a

NOK 120m

Jun 30 2022n/an/a

NOK 197m

Mar 31 2022n/an/a

NOK 207m

Dec 31 2021NOK 5mNOK 3m

NOK 257m

Sep 30 2021n/an/a

NOK 328m

Jun 30 2021n/an/a

NOK 347m

Mar 31 2021n/an/a

NOK 350m

Dec 31 2020NOK 5mNOK 3m

NOK 400m

Sep 30 2020n/an/a

NOK 452m

Jun 30 2020n/an/a

NOK 446m

Mar 31 2020n/an/a

NOK 419m

Dec 31 2019NOK 4mNOK 3m

NOK 370m

Sep 30 2019n/an/a

NOK 316m

Jun 30 2019n/an/a

NOK 308m

Mar 31 2019n/an/a

NOK 286m

Dec 31 2018NOK 4mNOK 3m

NOK 254m

Sep 30 2018n/an/a

NOK 250m

Jun 30 2018n/an/a

NOK 259m

Mar 31 2018n/an/a

NOK 250m

Dec 31 2017NOK 4mNOK 2m

NOK 252m

Compensation vs Market: Rolf's total compensation ($USD419.18K) is about average for companies of similar size in the Norwegian market ($USD467.46K).

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

CEO

Rolf Barmen (60 yo)

11.9yrs

Tenure

NOK 4,776,000

Compensation

Mr. Rolf Barmen has been the Chief Executive Officer at Elmera Group ASA (formerly known as Fjordkraft Holding ASA) since 2013 and serves as its President. Mr. Barmen has been Chairman of Trondheim Kraft A...

Leadership Team

NamePositionTenureCompensationOwnership
Rolf Barmen
President & CEO11.9yrsNOK 4.78m0.072%
NOK 3.1m
Henning Nordgulen
Executive VP & Group Chief Financial Officer2.2yrsNOK 3.22m0.055%
NOK 2.3m
Kari Marvik
Executive VP & Chief Information Officerless than a yearNOK 1.72mno data
Jeanne Tjomsland
Executive VP and Head of HR & Communicationsno dataNOK 1.91m0.024%
NOK 1.0m
Arnstein Flaskerud
Executive VP1.2yrsNOK 2.50m0.047%
NOK 2.0m
Solfrid Aase
Executive VP & Head of Service Companies7.9yrsNOK 2.08m0.010%
NOK 431.0k
Roger Finnanger
Executive VP & Head of Business5.8yrsNOK 2.20m0.0031%
NOK 130.7k
Solfrid Andersen
Executive VP & Head of Power Markets and Energy Supplyless than a yearNOK 2.13m0.0047%
NOK 199.9k
Per Heiberg-Andersen
Executive VP and Head of Nordic & Other End-User Companies4.1yrsNOK 2.00m0.0046%
NOK 193.2k
Magnar Oyhovden
Chief Executive Officer of Fjordkraft AS2.3yrsNOK 3.07m0.050%
NOK 2.1m
Therese Sandnes
Chief Accountant Officerno datano datano data

2.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: ELMRA's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Steinar Sonsteby
Independent Chair6.8yrsNOK 605.00k0.0018%
NOK 74.6k
Live Bertha Aker
Independent Director6.8yrsNOK 446.00k0.0013%
NOK 54.8k
Anne Steen
Board Member1.5yrsNOK 311.00k0.0073%
NOK 307.4k
Frank Okland
Employee Representative Director7yrsNOK 109.00k0.0014%
NOK 59.0k
Heide Ose
Director5.6yrsNOK 400.00k0.0041%
NOK 172.5k
Per Solbraa
Director3.7yrsNOK 347.00k0.0049%
NOK 207.1k
Sondre Skar
Deputy Director3.7yrsno datano data
Hakon Remme
Deputy Director3.7yrsno datano data
Kim A. Nilsen
Deputy Director3.7yrsno datano data
Magnhild Uglem
Employee Representative Director1.5yrsno data0.0015%
NOK 63.7k
Stian Madsen
Employee Representative Director1.5yrsno data0.0022%
NOK 92.4k

3.7yrs

Average Tenure

58yo

Average Age

Experienced Board: ELMRA's board of directors are considered experienced (3.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 06:43
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Elmera Group ASA is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ole WestgaardDNB Markets
Ignas LekštysNorne Securities AS
Gard AarvikPareto Securities