Viking Supply Ships Management
Management criteria checks 3/4
Viking Supply Ships' CEO is Trond Myklebust, appointed in Feb 2017, has a tenure of 7.83 years. total yearly compensation is SEK3.77M, comprised of 72.6% salary and 27.4% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth SEK555.56K. The average tenure of the management team and the board of directors is 5.4 years and 12.3 years respectively.
Key information
Trond Myklebust
Chief executive officer
SEK 3.8m
Total compensation
| CEO salary percentage | 72.6% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.05% |
| Management average tenure | 5.4yrs |
| Board average tenure | 12.3yrs |
Recent management updates
Recent updates
We're Hopeful That Viking Supply Ships (STO:VSSAB B) Will Use Its Cash Wisely
Sep 22
We Think Viking Supply Ships (STO:VSSAB B) Can Afford To Drive Business Growth
Jun 08Here's Why We're Not Too Worried About Viking Supply Ships' (STO:VSSAB B) Cash Burn Situation
Mar 05Is Viking Supply Ships (STO:VSSAB B) Using Debt Sensibly?
Jan 11We're Keeping An Eye On Viking Supply Ships' (STO:VSSAB B) Cash Burn Rate
Apr 13Did You Participate In Any Of Viking Supply Ships' (STO:VSSAB B) Incredible 442% Return?
Feb 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 15m |
| Jun 30 2024 | n/a | n/a | -SEK 43m |
| Mar 31 2024 | n/a | n/a | -SEK 89m |
| Dec 31 2023 | SEK 4m | SEK 3m | -SEK 88m |
| Sep 30 2023 | n/a | n/a | -SEK 34m |
| Jun 30 2023 | n/a | n/a | -SEK 5m |
| Mar 31 2023 | n/a | n/a | SEK 47m |
| Dec 31 2022 | SEK 3m | SEK 2m | SEK 8m |
| Sep 30 2022 | n/a | n/a | SEK 36m |
| Jun 30 2022 | n/a | n/a | -SEK 12m |
| Mar 31 2022 | n/a | n/a | -SEK 104m |
| Dec 31 2021 | SEK 3m | SEK 2m | -SEK 118m |
| Sep 30 2021 | n/a | n/a | -SEK 136m |
| Jun 30 2021 | n/a | n/a | -SEK 132m |
| Mar 31 2021 | n/a | n/a | -SEK 155m |
| Dec 31 2020 | SEK 3m | SEK 2m | -SEK 191m |
| Sep 30 2020 | n/a | n/a | -SEK 91m |
| Jun 30 2020 | n/a | n/a | -SEK 40m |
| Mar 31 2020 | n/a | n/a | -SEK 431k |
| Dec 31 2019 | SEK 3m | SEK 2m | SEK 64m |
| Sep 30 2019 | n/a | n/a | -SEK 102m |
| Jun 30 2019 | n/a | n/a | SEK 2b |
| Mar 31 2019 | n/a | n/a | SEK 2b |
| Dec 31 2018 | SEK 4m | SEK 2m | SEK 2b |
| Sep 30 2018 | n/a | n/a | SEK 2b |
| Jun 30 2018 | n/a | n/a | -SEK 273m |
| Mar 31 2018 | n/a | n/a | -SEK 273m |
| Dec 31 2017 | SEK 3m | SEK 2m | -SEK 209m |
Compensation vs Market: Trond's total compensation ($USD342.17K) is above average for companies of similar size in the Swedish market ($USD232.20K).
Compensation vs Earnings: Trond's compensation has been consistent with company performance over the past year.
CEO
Trond Myklebust (65 yo)
7.8yrs
Tenure
SEK 3,773,000
Compensation
Mr. Trond Myklebust has been the Chief Executive Officer and President of Viking Supply Ships AB (publ) since February 27, 2017. Mr. Myklebust has been the Chief Executive Officer of Viking Supply Ships A/...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 7.8yrs | SEK 3.77m | 0.046% SEK 555.6k | |
| Chief Operating Officer | 4.9yrs | no data | no data | |
| Chief Commercial Officer | 3.9yrs | no data | no data | |
| HSEQ Director | 5.9yrs | no data | no data |
5.4yrs
Average Tenure
53yo
Average Age
Experienced Management: VSSAB B's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 31.9yrs | SEK 200.00k | 0.030% SEK 370.5k | |
| Independent Director | 14.9yrs | SEK 200.00k | 0.025% SEK 306.8k | |
| Chairman | 9.7yrs | SEK 300.00k | no data | |
| Employee Representative Director | 23.9yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | 1.9yrs | SEK 133.00k | 0.000010% SEK 121.9 |
12.3yrs
Average Tenure
58yo
Average Age
Experienced Board: VSSAB B's board of directors are seasoned and experienced ( 12.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 17:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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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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
Viking Supply Ships AB (publ) is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ole Stenhagen | SEB |