| GJNSF Stock | | | USD 17.52 0.00 0.00% |
CFO
Mr. Jostein Amdal was Chief Financial Officer and Executive Vice President for Finance of Gjensidige Forsikring ASA since October 1, 2016. He joined Gjensidige as Finance Director in 2002 and has since served as Chief Risk Officer and Head of Capital Management and MA. His previous work experience includes management positions with If, Storebrand and Kvaerner. He holds a degree from the Norwegian School of Economics and Business Administration based on a four year program in economics and business administration consisting of three years at bachelorundergraduate level and one year at mastergraduate level, as well as a higher degree based on two years of graduate studies in finance and economics, also at NHH. since 2016.
| Age | 58 |
| Tenure | 9 years |
| Phone | 47 91 50 31 00 |
| Web | https://www.gjensidige.no |
Gjensidige Forsikring Management Efficiency
The company has return on total asset
(ROA) of
0.0291 % which means that it generated a profit of $0.0291 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1789 %, meaning that it generated $0.1789 on every $100 dollars invested by stockholders. Gjensidige Forsikring's management efficiency ratios could be used to measure how well Gjensidige Forsikring manages its routine affairs as well as how well it operates its assets and liabilities.
Gjensidige Forsikring ASA has accumulated 2.4
B in total debt with debt to equity ratio
(D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. Gjensidige Forsikring ASA has a current ratio of 0.99, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gjensidige Forsikring until it has trouble settling it off, either with new capital or with free cash flow. So, Gjensidige Forsikring'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 Gjensidige Forsikring ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gjensidige to invest in growth at high rates of return. When we think about Gjensidige Forsikring's use of debt, we should always consider it together with cash and equity.
Similar Executives
Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company was founded in 1816 and is headquartered in Oslo, Norway. Gjensidige Forsikring is traded on OTC Exchange in the United States. Gjensidige Forsikring ASA [GJNSF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.
Management Performance
Gjensidige Forsikring ASA Leadership Team
Elected by the shareholders, the Gjensidige Forsikring's board of directors comprises two types of representatives: Gjensidige Forsikring inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gjensidige. The board's role is to monitor Gjensidige Forsikring's management team and ensure that shareholders' interests are well served. Gjensidige Forsikring'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, Gjensidige Forsikring's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lars Bjerklund, Executive Vice President Commercial | |
| Rene Floystol, Ex Private | |
| Catharina Hellerud, CFO, Executive VP of Fin. and Executive VP of Strategy and MandA | |
| Jostein Amdal, Ex CFO | |
| Helge Baastad, Chief Officer | |
| Janne Flessum, Head of Investor Relations | |
| Aysegul Cin, Executive Vice President Sweden | |
| Tor Silset, Ex Infrastructure | |
| Mats Gottschalk, Executive Vice President Commercial | |
| Erik Ranberg, Head Investments | |
Gjensidige Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Gjensidige Forsikring 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.
Currently Active Assets on Macroaxis
Other Information on Investing in Gjensidige OTC Stock
Gjensidige Forsikring financial ratios help investors to determine whether Gjensidige OTC 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 Gjensidige with respect to the benefits of owning Gjensidige Forsikring security.