Norsk Renewables Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Torbjorn Kirkeby-Garstad

Chief executive officer

NOK 1.9m

Total compensation

CEO salary percentage61.3%
CEO tenure1.6yrs
CEO ownershipn/a
Management average tenure1.3yrs
Board average tenureno data

Recent management updates

Recent updates

CEO Compensation Analysis

How has Torbjorn Kirkeby-Garstad's remuneration changed compared to Norsk Renewables's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 65m

Jun 30 2024n/an/a

-NOK 75m

Mar 31 2024n/an/a

-NOK 58m

Dec 31 2023NOK 2mNOK 1m

-NOK 68m

Compensation vs Market: Torbjorn's total compensation ($USD168.61K) is below average for companies of similar size in the Norwegian market ($USD284.78K).

Compensation vs Earnings: Insufficient data to compare Torbjorn's compensation with company performance.


CEO

Torbjorn Kirkeby-Garstad (52 yo)

1.6yrs

Tenure

NOK 1,910,087

Compensation

Mr. Torbjorn Elliot Kirkeby-Garstad serves as Chief Executive Officer of Norsk Renewables AS (formerly known as Norsk Solar AS) since May 16, 2023. He served as Senior Vice President at SN Power AS since A...


Leadership Team

NamePositionTenureCompensationOwnership
Torbjorn Kirkeby-Garstad
Chief Executive Officer1.6yrsNOK 1.91mno data
Peter Keresztes
Chief Financial Officerno datano datano data
Mark Seger
Chief Operation Officerless than a yearno datano data
Ingrid Sara Amundsgard
Executive Vice President of Sustainability1.9yrsno datano data
Hanne Stensland
General Councelless than a yearno datano data
Sandra Holstad
Executive Vice President of People & Culture1.9yrsno datano data
Rafael Cola
Executive VP of Commercial & Country Manager of Vietnam1.3yrsno datano data
Pedro Alonso
EVP of Execution1.3yrsno datano data

1.3yrs

Average Tenure

Experienced Management: NSOL's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 03:50
End of Day Share Price 2024/12/20 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

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 .

Analyst Sources

Norsk Renewables AS is covered by 3 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
Magnus SolheimFearnley Securities
Irmantas VaskelaNorne Securities AS
Ignas LekštysNorne Securities AS