Helge Singelstad - Austevoll Seafood Chairman of the Board

AUSS Stock  NOK 83.10  1.75  2.15%   

Chairman

Mr. Helge Singelstad has served as Chairman of the Board of Directors of Austevoll Seafood ASA since 2010. Prior to that, he was Vice Chairman of the Company Board. He was Director of the Company since 2008. He is Chief Executive Officer in Laco AS. He has experience from different types of businesses oil companies, ship equipment and the seafood sector. He has had executive positions in Leroy Seafood Group ASA since 1993. He serves on numerous Boards of Directors, and is Chairman of the Board at Leroy Seafood Group ASA and Pelagia Holding AS. Mr. Singelstad holds a degree in Computer Engineering from Bergen Ingeniorskole, part of Hogskolen i Bergen, holds a degree in Business Administration from the Norwegian School of Economics and Business Administration and a first degree of Law from University of Bergen . since 2010.
Age 55
Tenure 14 years
Phone47 56 18 10 00
Webhttps://www.auss.no

Austevoll Seafood Management Efficiency

The company has return on total asset (ROA) of 0.0823 % which means that it generated a profit of $0.0823 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.182 %, meaning that it generated $0.182 on every $100 dollars invested by stockholders. Austevoll Seafood's management efficiency ratios could be used to measure how well Austevoll Seafood manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 9.07 B in total debt with debt to equity ratio (D/E) of 43.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Austevoll Seafood ASA has a current ratio of 3.07, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Austevoll Seafood until it has trouble settling it off, either with new capital or with free cash flow. So, Austevoll Seafood'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 Austevoll Seafood ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Austevoll to invest in growth at high rates of return. When we think about Austevoll Seafood's use of debt, we should always consider it together with cash and equity.

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Austevoll Seafood ASA, a seafood company, engages in the salmon, white fish, and pelagic businesses in Norway, Europe, Asia, the United States, and South America. It also produces white fish products, fishmeals, and fish oils omega-3 oil and canned and frozen fish products The company was founded in 1981 and is headquartered in Storeb, Norway. AUSTEVOLL SEAFOOD operates under Farm Products classification in Norway and is traded on Oslo Stock Exchange. It employs 6490 people. Austevoll Seafood ASA (AUSS) is traded on Oslo Stock Exchange in Norway and employs 21 people.

Management Performance

Austevoll Seafood ASA Leadership Team

Elected by the shareholders, the Austevoll Seafood's board of directors comprises two types of representatives: Austevoll Seafood inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Austevoll. The board's role is to monitor Austevoll Seafood's management team and ensure that shareholders' interests are well served. Austevoll Seafood'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, Austevoll Seafood's outside directors are responsible for providing unbiased perspectives on the board's policies.
Esteban Alert, CEO of Foodcorp S.A (Chile)
Adriana Alva, Chief Saa
Oddvar Skjegstad, Independent Deputy Chairman of the Board
Eirik Melingen, Director
Tore Mohn, Director Affairs
Lill Mogster, Director
Helge Mogster, Director
Arne Mogster, CEO and Presidentident, CEO of Welcon Invest AS
Adriana Giudice, CEO of Austral Group S.A.A (Peru)
Siren Gronhaug, Director
Britt Drivenes, Chief Officer
Inga Moldestad, Independent Director
Leif Teksum, Director
Erling Mgster, Chief operations
Hege Bakken, Director
Tom Tynan, Chief Officer
Arne Stang, Chief AS
Henning Beltestad, CEO of Leroy Seafood Group ASA
Jan Giske, Fleet/Project Manager
Andres Daroch, Chief Operations
Helge Singelstad, Chairman of the Board

Austevoll 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 Austevoll Seafood 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 Austevoll Seafood

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

Moving together with Austevoll Stock

  0.7DNB DnB ASA Earnings Call This WeekPairCorr
  0.61EQNR Equinor ASA Earnings Call This WeekPairCorr

Moving against Austevoll Stock

  0.65AKH Aker Horizons ASPairCorr
The ability to find closely correlated positions to Austevoll Seafood could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Austevoll Seafood 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 Austevoll Seafood - 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 Austevoll Seafood ASA to buy it.
The correlation of Austevoll Seafood 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 Austevoll Seafood moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Austevoll Seafood ASA 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 Austevoll Seafood 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 Austevoll Seafood ASA. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Austevoll Stock analysis

When running Austevoll Seafood's price analysis, check to measure Austevoll Seafood'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 Austevoll Seafood is operating at the current time. Most of Austevoll Seafood's value examination focuses on studying past and present price action to predict the probability of Austevoll Seafood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Austevoll Seafood's price. Additionally, you may evaluate how the addition of Austevoll Seafood to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Austevoll Seafood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Austevoll Seafood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Austevoll Seafood'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.