Mads Vardal - Techstep ASA Chief Officer

TECH Stock  NOK 11.90  0.35  2.86%   

Insider

Mads Vardal is Chief Officer of Techstep ASA
Phone47 91 52 33 37
Webhttps://www.techstep.io

Techstep ASA Management Efficiency

The company has return on total asset (ROA) of (0.0187) % which means that it has lost $0.0187 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1218) %, meaning that it generated substantial loss on money invested by shareholders. Techstep ASA's management efficiency ratios could be used to measure how well Techstep ASA manages its routine affairs as well as how well it operates its assets and liabilities.
Techstep ASA has accumulated 97.36 M in total debt with debt to equity ratio (D/E) of 13.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Techstep ASA has a current ratio of 0.88, 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 Techstep ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Techstep ASA'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 Techstep ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Techstep to invest in growth at high rates of return. When we think about Techstep ASA's use of debt, we should always consider it together with cash and equity.

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Techstep ASA provides digital workplace services in Norway and Sweden. The company also provides industry-leading cloud-based PBX solutions and enterprise mobility management services, including mobile security, system design, implementation, and mobile device management services. TECHSTEP ASA operates under Internet And Networking Services classification in Norway and is traded on Oslo Stock Exchange. It employs 223 people. Techstep ASA (TECH) is traded on Oslo Stock Exchange in Norway and employs 329 people.

Management Performance

Techstep ASA Leadership Team

Elected by the shareholders, the Techstep ASA's board of directors comprises two types of representatives: Techstep ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Techstep. The board's role is to monitor Techstep ASA's management team and ensure that shareholders' interests are well served. Techstep ASA'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, Techstep ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mads Vardal, Chief Officer
Fredrik Logenius, Chief Officer
Ellen Skaarnaes, Chief Officer
Anita Huun, Chief Officer
Sheena Lim, Chief Officer
Gunnar Aasen, Chief Officer
Cathrine Birkenes, Head Compliance
Borge Astrup, Chief Officer
Bartosz Leoszewski, Chief Officer

Techstep 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 Techstep ASA 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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Other Information on Investing in Techstep Stock

Techstep ASA financial ratios help investors to determine whether Techstep 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 Techstep with respect to the benefits of owning Techstep ASA security.