AnneGrete StromErichsen - Kongsberg Gruppen Director

KOG Stock  NOK 786.00  21.00  2.75%   

Director

Ms. AnneGrete StromErichsen was Independent Director of Kongsberg Gruppen ASA since May 7, 2015. She also serves as Managing Partner Norway, Rud Pedersen Public Affairs Company AS. She holds Engineer Exam at the University of Bergen, IT studies, South Dakota School of Mines Technology USA . She has eight years of experience as Cabinet Minister, City Chief Commissioner and Mayor in Bergen, 20 years in the IT business. She is Member of the Board of Bergen Art Association, Deputy Chair of the Board of Nordhordland helsehus IKS. since 2015.
Age 66
Tenure 9 years
Phone47 32 28 82 00
Webhttps://www.kongsberg.com

Kongsberg Gruppen Management Efficiency

The company has return on total asset (ROA) of 0.0494 % which means that it generated a profit of $0.0494 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2 %, meaning that it generated $0.2 on every $100 dollars invested by stockholders. Kongsberg Gruppen's management efficiency ratios could be used to measure how well Kongsberg Gruppen manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 3.95 B in total debt with debt to equity ratio (D/E) of 46.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Kongsberg Gruppen ASA has a current ratio of 1.89, which is within standard range for the sector. Debt can assist Kongsberg Gruppen until it has trouble settling it off, either with new capital or with free cash flow. So, Kongsberg Gruppen'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 Kongsberg Gruppen ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kongsberg to invest in growth at high rates of return. When we think about Kongsberg Gruppen's use of debt, we should always consider it together with cash and equity.

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Kongsberg Gruppen ASA, together with its subsidiaries, provides technology systems and solutions to customers in deep-sea, digital, defence, merchant marine, oil and gas, fisheries, aerospace, and space industries. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway. Kongsberg Gruppen operates under Aerospace Defense classification in Norway and is traded on Oslo Stock Exchange. It employs 6881 people. Kongsberg Gruppen ASA (KOG) is traded on Oslo Stock Exchange in Norway and employs 11,766 people.

Management Performance

Kongsberg Gruppen ASA Leadership Team

Elected by the shareholders, the Kongsberg Gruppen's board of directors comprises two types of representatives: Kongsberg Gruppen inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kongsberg. The board's role is to monitor Kongsberg Gruppen's management team and ensure that shareholders' interests are well served. Kongsberg Gruppen'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, Kongsberg Gruppen's outside directors are responsible for providing unbiased perspectives on the board's policies.
Martha Bakkevig, Director
Espen Henriksen, Executive Vice President and Presidentident, Kongsberg Protech Systems
Harald Aaro, Executive Vice President Group Business Development
AnneGrete StromErichsen, Director
Lene Svenne, Co Officer
Even Aas, Group Executive VP of Public Affairs
Christian Karde, Group Counsel
Rune Larsen, Director, Employee Representative
Iver Olerud, Group Devel
Irene Basili, Director
Hege Skryseth, Chief Admin. Officer and Executive VP
Gyrid Ingero, Group Executive Vice President CFO
Jan Hoff, Vice President Investor Relations and Reporting
Harald Annestad, Executive Vice President; President Kongsberg Defence Systems
Kristin Barkost, VP Accounting
Per Sorlie, Director
Hans Wibstad, CFO, Executive Vice President
AnneLise Aukner, Deputy Chairman of the Board
Walter Qvam, CEO and Pres
Roar Marthiniussen, Director, Employee Representative
Eirik Lie, President of Kongsberg Defense Systems
Finn Jebsen, Chairman of the Board
Jarle Roth, Director
Helge Lintvedt, Director, Employee Representative
Eivind Reiten, Chairman of the Board
Geir Haoy, Executive Vice President; President Kongsberg Maritime
Morten Henriksen, Director
Sigmund Bakke, Director, Employee Representative
Egil Haugsdal, Executive VP and President of Kongsberg Oil and Gas Technologies
Elisabeth Fossan, Director, Employee Representative
Wenche Andersen, Chief Administration Officer
Hans Blokkum, Group Executive Vice President Chief Human Resources and Security Officer

Kongsberg 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 Kongsberg Gruppen 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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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kongsberg Gruppen 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.
Note that the Kongsberg Gruppen ASA information on this page should be used as a complementary analysis to other Kongsberg Gruppen'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Please note, there is a significant difference between Kongsberg Gruppen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kongsberg Gruppen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kongsberg Gruppen'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.