| BALCO Stock | | | SEK 38.00 0.40 1.06% |
CFO
Mr. Michael Grindborn was appointed Chief Financial Officer at Balco Group AB effective as of April 15, 2019. He was most recently employed at Lammhults Design Group AB where he served as the groups CFO. Michael Grindborn has solid knowledge within the finance area from a number of industries such as IT, manufacturing industry, both as CEO and CFO, and he also has worked with establishing operations internationally. since 2019.
| Age | 55 |
| Tenure | 5 years |
| Phone | 46 4 70 53 30 00 |
| Web | https://www.balcogroup.se |
Balco Group Management Efficiency
The company has return on total asset
(ROA) of
0.0567 % which means that it generated a profit of $0.0567 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1071 %, meaning that it generated $0.1071 on every $100 dollars invested by stockholders. Balco Group's management efficiency ratios could be used to measure how well Balco Group manages its routine affairs as well as how well it operates its assets and liabilities.
Balco Group AB has accumulated 193.6
M in total debt with debt to equity ratio
(D/E) of 62.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Balco Group AB has a current ratio of 1.37, which is within standard range for the sector. Debt can assist Balco Group until it has trouble settling it off, either with new capital or with free cash flow. So, Balco Group'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 Balco Group AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Balco to invest in growth at high rates of return. When we think about Balco Group's use of debt, we should always consider it together with cash and equity.
Similar Executives
Balco Group AB develops, produces, and sells balcony systems to tenant-owner associations, private landlords, and publicly housing and construction companies in Sweden, Norway, Denmark, Germany, Finland, the United Kingdom, the Netherlands, and Switzerland. The company was founded in 1987 and is headquartered in Vxj, Sweden. Balco Group is traded on Stockholm Stock Exchange in Sweden. Balco Group AB (BALCO) is traded on Stockholm Exchange in Sweden and employs 536 people.
Management Performance
Balco Group AB Leadership Team
Elected by the shareholders, the Balco Group's board of directors comprises two types of representatives: Balco Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Balco. The board's role is to monitor Balco Group's management team and ensure that shareholders' interests are well served. Balco Group'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, Balco Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Balco 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 Balco Group 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.
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Additional Tools for Balco Stock Analysis
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