Elkem ASA

OTCPK:ELKE.F Stock Report

Market Cap: US$1.2b

Elkem Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Helge Aasen

Chief executive officer

NOK 15.2m

Total compensation

CEO salary percentage54.04%
CEO tenure3.9yrs
CEO ownershipn/a
Management average tenure14.3yrs
Board average tenure5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Helge Aasen's remuneration changed compared to Elkem's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

NOK 2b

Dec 31 2024NOK 15mNOK 8m

NOK 2b

Sep 30 2024n/an/a

NOK 2b

Jun 30 2024n/an/a

NOK 2b

Mar 31 2024n/an/a

NOK 1b

Dec 31 2023NOK 12mNOK 7m

NOK 2b

Sep 30 2023n/an/a

NOK 1b

Jun 30 2023n/an/a

NOK 5b

Mar 31 2023n/an/a

NOK 8b

Dec 31 2022NOK 17mNOK 6m

NOK 10b

Sep 30 2022n/an/a

NOK 11b

Jun 30 2022n/an/a

NOK 9b

Mar 31 2022n/an/a

NOK 7b

Dec 31 2021NOK 9mNOK 3m

NOK 5b

Sep 30 2021n/an/a

NOK 3b

Jun 30 2021n/an/a

NOK 1b

Mar 31 2021n/an/a

NOK 672m

Dec 31 2020NOK 244kn/a

NOK 239m

Sep 30 2020n/an/a

NOK 150m

Jun 30 2020n/an/a

NOK 460m

Mar 31 2020n/an/a

NOK 616m

Dec 31 2019NOK 17mNOK 5m

NOK 855m

Sep 30 2019n/an/a

NOK 1b

Jun 30 2019n/an/a

NOK 2b

Mar 31 2019n/an/a

NOK 3b

Dec 31 2018NOK 19mNOK 5m

NOK 3b

Compensation vs Market: Helge's total compensation ($USD1.50M) is below average for companies of similar size in the US market ($USD3.99M).

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

CEO

Helge Aasen (61 yo)

3.9yrs
Tenure
NOK 15,182,000
Compensation

Mr. Helge Aasen serves as Chief Executive Officer at Elkem ASA since October 18, 2021 and served as its Director since December 1, 2019 until June 2021 and has been its Interim Chief Executive Officer sinc...

Leadership Team

NamePositionTenureCompensationOwnership
Helge Aasen
Chief Executive Officer3.9yrsNOK 15.18mno data
Morten Viga
Chief Financial Officer18.8yrsNOK 6.84mno data
Havard Moe
Senior Vice President of Technology17.3yrsNOK 5.01mno data
Katja Lehland
Senior Vice President of Human Resources14.3yrsNOK 5.82mno data
Asbjoern Soevik
Senior Vice President of Green Ventures & Digital18.3yrsNOK 6.16mno data
Inge Grubben-Stroemnes
Senior Vice President of Silicon Products16.8yrsNOK 6.44mno data
Luiz Simao
Senior Vice President of Carbon Solutions Division4.8yrsNOK 5.39mno data
Morten Voll
Senior Vice President of Strategy & Business Development2.3yrsNOK 5.84mno data
Sandy Chen
Senior Vice President of Silicone1.2yrsNOK 3.71mno data
Tom Preststulen
Managing Partnerno datano datano data
Odd-Geir Lyngstad
Vice President of Finance & Investor Relationsno datano datano data
14.3yrs
Average Tenure
60yo
Average Age

Experienced Management: ELKE.F's management team is seasoned and experienced (14.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dag Opedal
Independent Vice Chair of the Board7.2yrsNOK 848.00kno data
Olivier Louis Marie Gerard de Clermont-Tonnerre
Director14.3yrsNOK 544.00kno data
Marianne Johnsen
Independent Director6.1yrsNOK 565.00kno data
Terje Hanssen
Employee Representative Director15.3yrsNOK 456.00kno data
Marianne Faeroyvik
Employee Representative Director8.7yrsNOK 456.00kno data
Heidi Feldborg
Employee Representative Observer5.9yrsNOK 228.00kno data
Grace Tang
Independent Director4.1yrsNOK 565.00kno data
Nathalie Brunelle
Independent Director3.1yrsNOK 456.00kno data
Thomas Eggan
Employee Representative Director3.3yrsNOK 456.00kno data
Jan Karlsen
Employee Representative Observer2.8yrsNOK 228.00kno data
Bo Li
Chairman2.3yrsNOK 975.00kno data
Wei Yao
Director1.3yrsNOK 134.00kno data
5.0yrs
Average Tenure
63yo
Average Age

Experienced Board: ELKE.F's board of directors are considered experienced (5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/25 08:22
End of Day Share Price 2025/02/25 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

Elkem ASA is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Sebastian SatzCitigroup Inc
Niclas GehinDNB Carnegie