Pal Elstad - Nordic Semiconductor CFO Fin

NOD Stock  NOK 98.94  0.56  0.56%   

CFO

Mr. Pal Elstad was appointed Chief Financial Officer of Nordic Semiconductor ASA, effective as of September 1, 2014. Pal Elstad has held several senior financial positions, most recently as investor relations responsible for REC Silicon ASA and Head of Finance for REC Solar in Singapore. In addition, he has manufacturing and supplychain experience from General Electric Healthcare since 2014.
Age 52
Tenure 10 years
Professional MarksCPA
Phone47 72 89 89 00
Webhttps://www.nordicsemi.com
Elstad holds Bachelor of Economics degree from the Norwegian Business School and he is a State Authorized Public Accountant .

Nordic Semiconductor Management Efficiency

The company has return on total asset (ROA) of 0.1471 % which means that it generated a profit of $0.1471 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2349 %, meaning that it generated $0.2349 on every $100 dollars invested by stockholders. Nordic Semiconductor's management efficiency ratios could be used to measure how well Nordic Semiconductor manages its routine affairs as well as how well it operates its assets and liabilities.
Nordic Semiconductor ASA has accumulated 14.86 M in total debt with debt to equity ratio (D/E) of 9.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nordic Semiconductor ASA has a current ratio of 3.87, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Nordic Semiconductor until it has trouble settling it off, either with new capital or with free cash flow. So, Nordic Semiconductor'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 Nordic Semiconductor ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nordic to invest in growth at high rates of return. When we think about Nordic Semiconductor's use of debt, we should always consider it together with cash and equity.

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Nordic Semiconductor ASA, a fabless semiconductor company, designs, develops, and sells integrated circuits and related solutions for short and long range wireless communication in Europe, the Americas, and the AsiaPacific. Nordic Semiconductor ASA was founded in 1983 and is headquartered in Trondheim, Norway. NORDIC SEMICONDUCT operates under Electronic Components classification in Norway and is traded on Oslo Stock Exchange. It employs 717 people. Nordic Semiconductor ASA (NOD) is traded on Oslo Stock Exchange in Norway and employs 1,452 people.

Management Performance

Nordic Semiconductor ASA Leadership Team

Elected by the shareholders, the Nordic Semiconductor's board of directors comprises two types of representatives: Nordic Semiconductor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordic. The board's role is to monitor Nordic Semiconductor's management team and ensure that shareholders' interests are well served. Nordic Semiconductor'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, Nordic Semiconductor's outside directors are responsible for providing unbiased perspectives on the board's policies.
OleFredrik Morken, Ex Chain
Linda Pettersson, Sr Board
Kjetil Holstad, Ex Management
SveinEgil Nielsen, CTO Strategy
Geir Langeland, Sales and Marketing Director
SvennTore Larsen, CEO Pres
Katarina Finneng, Ex Communication
Stale Ytterdal, VP IR
Pal Elstad, CFO Fin
KineElena Reigstad, F Mang

Nordic Stock Performance Indicators

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Other Information on Investing in Nordic Stock

Nordic Semiconductor financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Semiconductor security.