Scatec ASA

OTCPK:STEC.F Stock Report

Market Cap: US$1.7b

Scatec Management

Management criteria checks 2/4

Scatec's CEO is Terje Pilskog, appointed in May 2022, has a tenure of 4.33 years. total yearly compensation is NOK9.47M, comprised of 50.2% salary and 49.8% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth $5.90M. The average tenure of the management team and the board of directors is 3.5 years and 2.7 years respectively.

Key information

Terje Pilskog

Chief executive officer

NOK 9.5m

Total compensation

CEO salary percentage50.22%
CEO tenure4.3yrs
CEO ownership0.3%
Management average tenure3.5yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Terje Pilskog's remuneration changed compared to Scatec's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

-NOK 282m

Mar 31 2026n/an/a

NOK 56m

Dec 31 2025NOK 9mNOK 5m

NOK 978m

Sep 30 2025n/an/a

NOK 890m

Jun 30 2025n/an/a

NOK 3b

Mar 31 2025n/an/a

NOK 2b

Dec 31 2024NOK 8mNOK 4m

NOK 1b

Sep 30 2024n/an/a

NOK 2b

Jun 30 2024n/an/a

NOK 319m

Mar 31 2024n/an/a

NOK 676m

Dec 31 2023NOK 6mNOK 4m

NOK 628m

Sep 30 2023n/an/a

-NOK 176m

Jun 30 2023n/an/a

NOK 35m

Mar 31 2023n/an/a

-NOK 364m

Dec 31 2022NOK 5mNOK 3m

-NOK 1b

Sep 30 2022n/an/a

-NOK 829m

Jun 30 2022n/an/a

-NOK 953m

Mar 31 2022n/an/a

-NOK 763m

Dec 31 2021NOK 4mNOK 3m

NOK 388m

Sep 30 2021n/an/a

-NOK 316m

Jun 30 2021n/an/a

-NOK 504m

Mar 31 2021n/an/a

-NOK 695m

Dec 31 2020NOK 3mNOK 2m

-NOK 478m

Sep 30 2020n/an/a

NOK 68m

Jun 30 2020n/an/a

NOK 156m

Mar 31 2020n/an/a

NOK 229m

Dec 31 2019NOK 3mNOK 2m

-NOK 39m

Compensation vs Market: Terje's total compensation ($USD1.02M) is below average for companies of similar size in the US market ($USD5.19M).

Compensation vs Earnings: Terje's compensation has increased whilst the company is unprofitable.

CEO

Terje Pilskog (55 yo)

4.3yrs
Tenure
NOK 9,468,000
Compensation

Mr. Terje Pilskog serves as Chief Executive Officer of Scatec ASA since May 01, 2022. He serves as a Member of the Council at Stiftelsen Det Norske Veritas. Mr. Pilskog served as an Executive Vice Presiden...

Leadership Team

NamePositionTenureCompensationOwnership
Terje Pilskog
Chief Executive Officer4.3yrsNOK 9.47m0.34%
$ 5.9m
Hans Hegge
Chief Financial Officer3.5yrsNOK 8.09mno data
Pal Helsing
Executive Vice President of Operations2.7yrsNOK 6.37m0.0046%
$ 80.0k
Siobhan Minnaar
Executive VP & General Counsel3.6yrsNOK 5.16m0.00073%
$ 12.7k
Karianne Kristiansen
EVP of People & Organisation1.7yrsNOK 590.00kno data
Roar Haugland
EVP of Asia & Sustainability16.7yrsNOK 5.30m0.051%
$ 876.8k
Ann-Mari Lillejord
Executive Vice President of Latin America & Europe4.3yrsNOK 5.50m0.0071%
$ 122.6k
Mohammed Amer
Executive Vice President of Green Hydrogen & Egypt3yrsNOK 6.16m0.00099%
$ 17.2k
Alberto Gambacorta
Executive VP & GM for Sub-Saharan Africa1.7yrsNOK 4.16mno data
Andreas Austrell
Senior Vice President of Investor Relationsno datano data0.0017%
$ 29.9k
Meera Bhatia
Senior Vice President of External Affairs & Communicationsno datano datano data
Yoichi Murakami
Senior Vice President of Business Developmentno datano datano data
3.5yrs
Average Tenure
56yo
Average Age

Experienced Management: STEC.F's management team is considered experienced (3.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Espen Gundersen
Independent Director4.4yrsNOK 586.00k0.0063%
$ 108.7k
Jorgen Kildahl
Independent Chairman of the Board5.4yrsNOK 1.05m0.0063%
$ 108.7k
Finn-Bjorn Ruyter
Directorless than a yearno datano data
Maria Tallaksen
Independent Director2.7yrsNOK 517.00k0.0033%
$ 57.6k
Pal Kildemo
Independent Director2.7yrsNOK 588.00k0.0031%
$ 54.3k
Kirstine Damkjaer
Directorless than a yearno datano data
Mette Krogsrud
Independent Director4.4yrsNOK 478.00k0.0037%
$ 65.1k
2.7yrs
Average Tenure
58yo
Average Age

Experienced Board: STEC.F's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 02:11
End of Day Share Price 2026/08/31 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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 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

Scatec ASA is covered by 11 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
null nullABG Sundal Collier
Manuel PalomoBNP Paribas
Eivind GarvikCarnegie Investment Bank AB