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AKVA group ASA (AKVA.OL)

Oslo - Oslo Delayed Price. Currency in NOK
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83.00-2.80 (-3.26%)
At close: 03:44PM CEST

AKVA group ASA

Plogfabrikkvegen 11
Klepp Stasjon 4353
Norway
47 51 77 85 00
https://www.akvagroup.com

Sector(s)Industrials
IndustryFarm & Heavy Construction Machinery
Full Time Employees1,414

Key Executives

NameTitlePayExercisedYear Born
Mr. Knut NesseChief Exec. Officer2.98MN/A1967
Mr. Ronny MeinkoehnGroup Chief Financial Officer1.98MN/A1978
Mr. Erlend SoedalChief Operating Officer of Cage Based Nordic2.24MN/AN/A
Mr. Johan Fredrik GjesdalChief Operating Officer of Land Based1.92MN/A1983
Mr. Asle Kjetil BratteliChief Digital Officer1.95MN/A1961
Mr. Stale OklandDirector of Communications, Gov. Relations & SustainabilityN/AN/AN/A
Mr. Wade KaskiwFin. Mang. of Northamerica & AustralasiaN/AN/A1969
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

AKVA group ASA designs, purchases, manufactures, assembles, sells, and installs technology products; and provides rental and consulting services for the aquaculture industry. The company operates through three segments: Sea Based Technology (SBT), Digital, and Land Based Technology. The SBT segment offers plastic cages, steel cages, feed barges, feed systems, sensor and camera systems, biomass estimation systems, underwater lights, net cleaning systems, and nets and mooring systems under the Polarcirkel, Wavemaster, and Akvasmart hardware brands. This segment also supplies polyethylene work boats and pipes to aquaculture and other industries. The Digital segment provides production control, planning, traceability, and ERP software for the aquaculture and fishing industries under the Fishtalk brand. This segment also operates AKVAconnect, a process control platform that that can be used to connect and control small fish farms to interconnected locations. The Land Based Technology segment designs and delivers recirculation systems for land-based fish farming, as well as provides water quality conditions for fresh and seawater operations. AKVA group ASA operates in Norway, Chile, the United Kingdom, Denmark, Canada, and internationally. The company was incorporated in 1982 and is based in Klepp Stasjon, Norway. AKVA group ASA is a subsidiary of Egersund Group AS.

Corporate Governance

AKVA group ASA’s ISS Governance QualityScore as of May 1, 2022 is 8. The pillar scores are Audit: 3; Board: 7; Shareholder Rights: 1; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.