Mikko Salonen - NRC Group Country Managing Director Finland

NRC Stock  NOK 5.38  0.20  3.58%   

Managing Director

Mr. Mikko Salonen serves as Country Managing Director Finland at NRC GROUP ASA. Mikko Salonen has worked for Blom since 2013 as the Managing Director for Blom Finland . Mikko is a sales and marketing driven business professional with more than 20 years of experience in senior management roles in geospatial and IT industry from Finland and Australia. Mikko holds a masters degree in GIS and landuse planning from the Helsinki University of Technology.
Phone47 90 40 70 97
Webhttps://www.nrcgroup.com

NRC Group Management Efficiency

The company has return on total asset (ROA) of 0.0143 % which means that it generated a profit of $0.0143 on every $100 spent on assets. This is way below average. NRC Group's management efficiency ratios could be used to measure how well NRC Group manages its routine affairs as well as how well it operates its assets and liabilities.
NRC Group ASA has accumulated 1.2 B in total debt with debt to equity ratio (D/E) of 114.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. NRC Group ASA has a current ratio of 0.8, 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 NRC Group until it has trouble settling it off, either with new capital or with free cash flow. So, NRC 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 NRC Group ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NRC to invest in growth at high rates of return. When we think about NRC Group's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

MANAGING DIRECTOR Age

Jan SaugestadStorebrand ASA
58
Bill BryantStolt Nielsen Limited
N/A
NRC Group ASA, together with its subsidiaries, engages in the infrastructure business in Norway, Sweden, and Finland. The company was formerly known as Blom ASA and changed its name to NRC Group ASA in May 2015. NRC GROUP operates under Business Services classification in Norway and is traded on Oslo Stock Exchange. It employs 2489 people. NRC Group ASA (NRC) is traded on Oslo Stock Exchange in Norway and employs 1,972 people.

Management Performance

NRC Group ASA Leadership Team

Elected by the shareholders, the NRC Group's board of directors comprises two types of representatives: NRC Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NRC. The board's role is to monitor NRC Group's management team and ensure that shareholders' interests are well served. NRC 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, NRC Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marianne Kellmer, Ex HR
Egil Huseth, Head Admin
Lene Engebretsen, Ex Communications
Arild Moe, Ex Norway
Jussi Mattsson, Exec Devel
Ole Gulsvik, Chief Officer
Mikko Salonen, Country Managing Director Finland
Henning Olsen, Chief Officer
Harri Lukkarinen, Ex Finland
Robert Roder, Ex Sweden

NRC 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 NRC 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.

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 NRC Stock

NRC Group financial ratios help investors to determine whether NRC 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 NRC with respect to the benefits of owning NRC Group security.