Flemming Lindeloev - Prime Office Independent Chairman of the Board

PRIMOF Stock  DKK 179.00  3.00  1.70%   

Chairman

Mr. Flemming Bent Lindeloev has served as Independent Chairman of the Board of Directors at Prime Office AS since Companys listing in 2008 and he was Director of the Company since April 21, 2018. He is also Executive Vice President of Hegelund Invest ApS and SCHOELLERPLASTENTERPRISE AS. In addition, he acts as Chairman of the Boards of Directors at KS Danske Immobilien, Nordic Artists Management AS, TONEArt, IBH 3 ApS and HEGELUND INVEST ApS. He is also Member of the Boards of Directors at Illums Bolighus AS, Illums Bolighus Holding AS, TONEART INTERIOR ApS, INDEX AWARD AS, Universal Flytteforretning AS, BRIAN SOEGAARD HOLDING ApS. He is also Member of the Danske Banks advisory board and judge in the Maritime and Commercial Court. He was Group President of Carlsberg. He also served as Board Member of Deltaq AS, Board Assure AS, Parken Sport Entertainment AS and SAVDanmark AS, among others. He holds a MS degree in Engineering and a Licentiate of Technology degree. He is also Chairman of the Company Remuneration and Nomination Committee and Member of the Audit Committee.
Age 68
Phone45 87 33 89 89
Webhttps://www.primeoffice.dk

Prime Office Management Efficiency

The company has return on total asset (ROA) of 0.0214 % which means that it generated a profit of $0.0214 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.184 %, meaning that it generated $0.184 on every $100 dollars invested by stockholders. Prime Office's management efficiency ratios could be used to measure how well Prime Office manages its routine affairs as well as how well it operates its assets and liabilities.
Prime Office AS has accumulated 1.48 B in total debt with debt to equity ratio (D/E) of 1.06, which is about average as compared to similar companies. Prime Office AS has a current ratio of 0.93, 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 Prime Office until it has trouble settling it off, either with new capital or with free cash flow. So, Prime Office'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 Prime Office AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prime to invest in growth at high rates of return. When we think about Prime Office's use of debt, we should always consider it together with cash and equity.

Similar Executives

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CHAIRMAN Age

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Peter RasztarNorth Media AS
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It primarily invests in centrally located office buildings in Germany. Prime Office operates under Real EstateDevelopment classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 11 people. Prime Office AS (PRIMOF) is traded on Copenhagen Exchange in Denmark and employs 6 people.

Management Performance

Prime Office AS Leadership Team

Elected by the shareholders, the Prime Office's board of directors comprises two types of representatives: Prime Office inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prime. The board's role is to monitor Prime Office's management team and ensure that shareholders' interests are well served. Prime Office'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, Prime Office's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mogens Moeller, Chief Executive Officer, Member of the Executive Board
Mogens Mller, Member CEO
Flemming Lindeloev, Independent Chairman of the Board
Torben Friderichsen, Independent Director
Knud Hjorth, Independent Vice Chairman of the Board

Prime 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 Prime Office 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.

Pair Trading with Prime Office

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prime Office position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prime Office will appreciate offsetting losses from the drop in the long position's value.

Moving together with Prime Stock

  0.61JYSK Jyske Bank ASPairCorr
  0.64NOVO-B Novo Nordisk ASPairCorr

Moving against Prime Stock

  0.64RILBA Ringkjoebing LandbobankPairCorr
  0.51SYDB Sydbank ASPairCorr
  0.45SPNO Spar Nord BankPairCorr
  0.37TRYG Tryg ASPairCorr
The ability to find closely correlated positions to Prime Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Office when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prime Office - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prime Office AS to buy it.
The correlation of Prime Office is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prime Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Office AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prime Office can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Prime Stock

Prime Office financial ratios help investors to determine whether Prime 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 Prime with respect to the benefits of owning Prime Office security.