Arve Teie - Goodtech Acting CEO

GOD Stock  NOK 14.15  0.85  5.67%   

CEO

Mr. Arve Teie no longer serves as Acting Chief Executive Officer at Goodtech ASA effective as of August 15 2016. He has held this position from September 1 2014. He was Group Director Strategic Marketing at the Company from December 1 2012 until September 1 2014. Before that he has served as Group Director Products at the Company until November 30 2012. He is a trained engineer. He gained experience of project work and project management as well as operational sales promotion and sales management before he became Managing Director of the product sales company TripleS AS in 1992. TripleS became part of the Goodtech Group in 2006. since 2014.
Age 52
Tenure 10 years
Phone47 81 56 86 00
Webhttps://www.goodtech.no

Goodtech Management Efficiency

Goodtech's management efficiency ratios could be used to measure how well Goodtech manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 38.33 M in total debt with debt to equity ratio (D/E) of 18.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Goodtech has a current ratio of 1.04, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Goodtech until it has trouble settling it off, either with new capital or with free cash flow. So, Goodtech'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 Goodtech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodtech to invest in growth at high rates of return. When we think about Goodtech's use of debt, we should always consider it together with cash and equity.

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Kjersti HobolKid ASA
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It designs and supplies turnkey systems to convert and modernize existing systems, such as operator, process safety, industrial IT, and control systems and provides service and support in infrastructure, logistics, and gas and oil sectors, as well as for production, power, and heating distribution systems. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway. GOODTECH ASA operates under Engineering And Technical Services classification in Norway and is traded on Oslo Stock Exchange. Goodtech (GOD) is traded on Oslo Stock Exchange in Norway and employs 316 people.

Management Performance

Goodtech Leadership Team

Elected by the shareholders, the Goodtech's board of directors comprises two types of representatives: Goodtech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goodtech. The board's role is to monitor Goodtech's management team and ensure that shareholders' interests are well served. Goodtech'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, Goodtech's outside directors are responsible for providing unbiased perspectives on the board's policies.
yvind Osjord, Chief Officer
Arve Teie, Acting CEO
Thomas Bordvik, Director, Employee Representative
Magnus Bakken, Chief Officer
Magne Reierson, Head of Projects and Services, Norway
Rolf Johansson, Director, Employee Representative
Eric Staurset, CEO
Alef Jansson, Business Manager, Environment
Eiliv Elvebakk, Head of Products
Mimi Berdal, Director
Havard Kristiansen, Director, Employee Representative
Hilde Matre, Director
Terje Thon, Director
Tobias Harnerud, Acting Group Director, Human Resources and MQSP
Anne Oiseth, Group Director, Sales and Marketing
Synnove Granli, CFO
Anne Wessel, Director
Margrethe Hauge, Chief Officer
Vibeke Stromme, Director
Rune Hoseth, Head of Environment
Magnus Falkman, Head of Projects & Services, Southern Sweden
Stefan Helmvall, Head of Projects & Services, Sweden North
Anders Lundmark, Group Director of Infra
Magnus Due, Chief Officer
Stig Andersen, Chairman of the Board
KarlErik Staubo, Director
Hans Vedde, Head of Solutions

Goodtech 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 Goodtech 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Goodtech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Goodtech's short interest history, or implied volatility extrapolated from Goodtech options trading.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodtech. 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.
Note that the Goodtech information on this page should be used as a complementary analysis to other Goodtech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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