Eirik Monsen - Akva CFO

AKVA Stock  NOK 66.20  3.80  5.43%   

CFO

Mr. Eirik Borve Monsen no longer serves as Chief Financial Officer of AKVA Group ASA effective as of December 31 2016. He has held this position since December 2011. Prior to joining the Company he was Chief Financial Officer in Telenor Eiendom Holding AS. From 2005 to 2011 he held several senior positions in Telenor Group both in Norway and Asia. He worked in KPMG Financial Services in Oslo the last years as Manager from 1998 to 2005. He holds MBA from Norwegian School of Economics and Business Administration . He is also State Authorized Public Accountant and Certified EFFAS Financial Analyst . since 2011.
Age 41
Tenure 13 years
Professional MarksMBA
Phone47 51 77 85 00
Webhttps://www.akvagroup.com

Akva Management Efficiency

Akva's management efficiency ratios could be used to measure how well Akva manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 858.74 M in total debt with debt to equity ratio (D/E) of 108.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Akva Group has a current ratio of 1.28, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Akva until it has trouble settling it off, either with new capital or with free cash flow. So, Akva'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 Akva Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Akva to invest in growth at high rates of return. When we think about Akva's use of debt, we should always consider it together with cash and equity.

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CFO Age

Lars LoddesolStorebrand ASA
59
AKVA Group ASA develops, designs, purchases, manufactures, assembles, sells, and installs technology products and service to aquaculture industry. AKVA group ASA operates in Norway, Chile, Canada, Scotland, Denmark, Iceland, and internationally. AKVA GROUP operates under Agribusiness Agriculture And Fishing classification in Norway and is traded on Oslo Stock Exchange. It employs 1541 people. Akva Group (AKVA) is traded on Oslo Stock Exchange in Norway and employs 1,414 people.

Management Performance

Akva Group Leadership Team

Elected by the shareholders, the Akva's board of directors comprises two types of representatives: Akva inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Akva. The board's role is to monitor Akva's management team and ensure that shareholders' interests are well served. Akva'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, Akva's outside directors are responsible for providing unbiased perspectives on the board's policies.
Trond Williksen, CEO
Asle Bratteli, Chief Officer
Stale Okland, Group Sustainability
Frode Teigen, Director
Trond Severinsen, Chief Marketing Officer and Chief Operations Officer of Exports
Maren Sunde, Group Director
Inge Forseth, Chief Operations Officer Technology & Software
Glenn Mo, Chief Net
Eirik Monsen, CFO
Nils Viga, Director
Henrik Schultz, Director, Employee Representative
Carina Jensen, Director, Employee Representative
Hans Mong, Chairman of the Board
Johan Gjesdal, Chief Based
Evy Kallelid, Director
KjellArne Corneliussen, Director, Employee Representative
Andreas Hatjoullis, Acting CFO
Ronny Meinkoehn, Group Officer
Per Hjetland, Chief Operations Officer Nordic
Aino Olaisen, Director
Andrew Campbell, Chief Operations Officer of Americas
Tore Obrestad, Director, Employee Representative
Simon Martinsen, CFO
Knut Nesse, Chief Officer
Elvind Brendryen, Director, Employee Representative
Kristin Husebo, Director
Anthony James, Director
Morten Nielsen, Chief Operations Officer Land Based
Hallvard Muri, CEO
Evy Vikene, Director
Anne Breiby, Deputy Chairman of the Board
Kristian Botnen, Chief Nordic
Wade Kaskiw, Fin Australasia

Akva 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 Akva 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 Akva

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 Akva 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 Akva will appreciate offsetting losses from the drop in the long position's value.

Moving together with Akva Stock

  0.92SDRL SeadrillPairCorr

Moving against Akva Stock

  0.45YAR Yara International ASAPairCorr
The ability to find closely correlated positions to Akva could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akva 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 Akva - 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 Akva Group to buy it.
The correlation of Akva 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 Akva moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akva Group 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 Akva 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akva Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Akva's price analysis, check to measure Akva's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akva is operating at the current time. Most of Akva's value examination focuses on studying past and present price action to predict the probability of Akva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akva's price. Additionally, you may evaluate how the addition of Akva to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Akva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akva's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.