Preben Nilsen - Arendals Fossekompani Head of Accounting

AFK Stock  NOK 138.20  1.60  1.14%   

Executive

Preben Nilsen is Head of Accounting of Arendals Fossekompani ASA
Phone47 37 23 44 00
Webhttps://arendalsfossekompani.no

Arendals Fossekompani Management Efficiency

The company has return on total asset (ROA) of 0.0371 % which means that it generated a profit of $0.0371 on every $100 spent on assets. This is way below average. Arendals Fossekompani's management efficiency ratios could be used to measure how well Arendals Fossekompani manages its routine affairs as well as how well it operates its assets and liabilities.
Arendals Fossekompani ASA has accumulated 904 M in total debt with debt to equity ratio (D/E) of 38.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Arendals Fossekompani ASA has a current ratio of 2.09, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Arendals Fossekompani until it has trouble settling it off, either with new capital or with free cash flow. So, Arendals Fossekompani's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Arendals Fossekompani ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arendals to invest in growth at high rates of return. When we think about Arendals Fossekompani's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 4 records

EXECUTIVE Age

Kristian RokkeAker ASA
36
Arild FrickAker ASA
38
Atle KigenAker ASA
65
Baard SnekkevikAker ASA
52
Arendals Fossekompani ASA, an industrial investment company, engages in the operating hydro power plants. Arendals Fossekompani ASA was founded in 1896 and is headquartered in Arendal, Norway. ARENDALS FOSSEKOMP operates under Electricity Distribution And Generation classification in Norway and is traded on Oslo Stock Exchange. Arendals Fossekompani ASA (AFK) is traded on Oslo Stock Exchange in Norway and employs 2,200 people.

Management Performance

Arendals Fossekompani ASA Leadership Team

Elected by the shareholders, the Arendals Fossekompani's board of directors comprises two types of representatives: Arendals Fossekompani inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Arendals. The board's role is to monitor Arendals Fossekompani's management team and ensure that shareholders' interests are well served. Arendals Fossekompani's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Arendals Fossekompani's outside directors are responsible for providing unbiased perspectives on the board's policies.
SallyAnne Ray, CEO of NSSLGlobal
Preben Nilsen, Head of Accounting
Morten Henriksen, Technical Director
Hanne Watts, VP Sustainability
Torkil Mogstad, Executive VP
Bjrn Petersen, Chief Induction
Ingunn Ettestol, Chief Officer
Lars Fensli, CEO of Markedskraft
Orjan Svanevik, CEO Pres
KariAnne Slaaen, VP Culture

Arendals Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Arendals Fossekompani a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Arendals Stock

Arendals Fossekompani financial ratios help investors to determine whether Arendals Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Arendals with respect to the benefits of owning Arendals Fossekompani security.