Orkla ASA

OTCPK:ORKL.F Stock Report

Market Cap: US$8.7b

Orkla Management

Management criteria checks 2/4

Orkla's CEO is Nils Selte, appointed in Apr 2022, has a tenure of 2.75 years. total yearly compensation is NOK25.47M, comprised of 46.3% salary and 53.7% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth $2.02M. The average tenure of the management team and the board of directors is 2.6 years and 2.8 years respectively.

Key information

Nils Selte

Chief executive officer

NOK 25.5m

Total compensation

CEO salary percentage46.3%
CEO tenure2.8yrs
CEO ownership0.02%
Management average tenure2.6yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nils Selte's remuneration changed compared to Orkla's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 6b

Jun 30 2024n/an/a

NOK 6b

Mar 31 2024n/an/a

NOK 5b

Dec 31 2023NOK 25mNOK 12m

NOK 5b

Sep 30 2023n/an/a

NOK 5b

Jun 30 2023n/an/a

NOK 5b

Mar 31 2023n/an/a

NOK 5b

Dec 31 2022NOK 10mNOK 8m

NOK 5b

Sep 30 2022n/an/a

NOK 5b

Jun 30 2022n/an/a

NOK 5b

Mar 31 2022n/an/a

NOK 5b

Dec 31 2021NOK 747kn/a

NOK 5b

Sep 30 2021n/an/a

NOK 5b

Jun 30 2021n/an/a

NOK 5b

Mar 31 2021n/an/a

NOK 5b

Dec 31 2020NOK 718kn/a

NOK 4b

Sep 30 2020n/an/a

NOK 5b

Jun 30 2020n/an/a

NOK 4b

Mar 31 2020n/an/a

NOK 4b

Dec 31 2019NOK 829kn/a

NOK 4b

Sep 30 2019n/an/a

NOK 3b

Jun 30 2019n/an/a

NOK 3b

Mar 31 2019n/an/a

NOK 3b

Jan 01 2019n/an/a

NOK 3b

Compensation vs Market: Nils's total compensation ($USD2.24M) is below average for companies of similar size in the US market ($USD7.97M).

Compensation vs Earnings: Nils's compensation has increased by more than 20% in the past year.

CEO

Nils Selte (59 yo)

2.8yrs

Tenure

NOK 25,472,000

Compensation

Mr. Nils Kloumann Selte has been President and Chief Executive Officer of Orkla ASA since 11 April 2022 and served as its Director. He is Director at Jotun A/S. He served as Chairman at Komplett ASA since...

Leadership Team

NamePositionTenureCompensationOwnership
Nils Selte
President & CEO2.8yrsNOK 25.47m0.023%
$ 2.0m
Camilla Robstad
Executive Vice President of Legal & Compliance5yrsNOK 6.19m0.0012%
$ 100.8k
Christer Gronberg
Head of Corporate Functions10.1yrsNOK 7.61m0.0017%
$ 150.3k
Hege Brekke
Executive VP of Investments9.3yrsNOK 8.07m0.0015%
$ 133.8k
Harald Ullevoldsæter
Executive Officerless than a yearNOK 7.67m0.00083%
$ 72.1k
Maria Syse-Nybraaten
Executive VP of Investments2.4yrsNOK 7.02m0.00074%
$ 64.3k
Audun Stensvold
Executive Vice President of Investments2.2yrsNOK 6.63m0.0025%
$ 220.7k
Oyvind Torpp
Executive Vice President of Investments2.1yrsNOK 12.40m0.0050%
$ 434.4k
Arve Regland
EVP & CFOless than a yearno data0.0065%
$ 565.6k
Thomas Oybo
Head of Share Portfolio & Investment Director18.4yrsno datano data
Frode Kronstad
Senior Vice President of Corporate Accountingno datano datano data
Kari Lindtvedt
Senior Vice President of Investor Relationsno datano datano data

2.6yrs

Average Tenure

53.5yo

Average Age

Experienced Management: ORKL.F's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Christina Fagerberg
Independent Director2.8yrsNOK 770.00k0.0020%
$ 173.8k
Roger Vangen
Employee Representative Director8.8yrsNOK 1.12m0.0012%
$ 102.5k
Liselott Kilaas
Independent Director7.8yrsNOK 797.00k0.0019%
$ 165.9k
Terje Utstrand
Employee Representative Director13yrsNOK 1.38m0.0011%
$ 97.3k
Stein Hagen
Chairman of the Board21yrsNOK 1.09mno data
Bengt Rem
Directorless than a yearno datano data
Rolv Erik Ryssdal
Independent Director2.3yrsNOK 630.00k0.0016%
$ 139.0k
Peter Agnefjall
Independent Director6.8yrsNOK 840.00k0.0020%
$ 173.8k
Caroline Marie Kjos
Member of the Board2yrsNOK 420.00kno data
Ingrid Nielsen
Employee Representative Directorless than a yearno datano data
Marte Sølvsberg
Business Advisor to President and CEOno datano datano data
Xavier Belison
Chairman of Orkla Foods Europe1.7yrsno datano data

2.8yrs

Average Tenure

60yo

Average Age

Experienced Board: ORKL.F's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/04 09:48
End of Day Share Price 2024/12/02 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

Orkla ASA is covered by 24 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Petter NyströmABG Sundal Collier
Kenneth SivertsenArctic Securities ASA
Patrick FolanBarclays