Tore Langballe - Akastor ASA Head of Communications and Investor Relations
| AKKVFDelisted Stock | USD 1.20 0.00 0.00% |
Executive
Tore Langballe is Head of Communications and Investor Relations of Akastor ASA since 2014.
| Tenure | 11 years |
| Phone | 47 21 52 58 00 |
| Web | https://www.akastor.com |
Akastor ASA Management Efficiency
Akastor ASA's management efficiency ratios could be used to measure how well Akastor ASA manages its routine affairs as well as how well it operates its assets and liabilities.Akastor ASA has accumulated 1.37 B in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Akastor ASA has a current ratio of 0.62, 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 Akastor ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Akastor 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 Akastor ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Akastor to invest in growth at high rates of return. When we think about Akastor ASA's use of debt, we should always consider it together with cash and equity.
Akastor ASA operates as an oilfield services investment company. Akastor ASA was founded in 1841 and is based in Brum, Norway. Akastor ASA operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 428 people. Akastor ASA [AKKVF] is a Pink Sheet which is traded between brokers over the counter. Management Performance
| Return On Equity | -0.0149 | |||
| Return On Asset | -0.0084 |
Akastor ASA Leadership Team
Elected by the shareholders, the Akastor ASA's board of directors comprises two types of representatives: Akastor ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Akastor. The board's role is to monitor Akastor ASA's management team and ensure that shareholders' interests are well served. Akastor 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, Akastor ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sander Seeberg, Head Tax | ||
| Bruce Lethuillier, Head Treasury | ||
| Paal Johnsen, Executive VP and Investment Director | ||
| Christian Starberg, Financial Controller | ||
| Tore Langballe, Head of Communications and Investor Relations | ||
| Oyvind Paaske, Chief Officer | ||
| Karl Kjelstad, Executive VP and Investment Director | ||
| Eirik Thomassen, G Counsel | ||
| Jing Taklo, Head Reporting | ||
| Kent LianeUnsgaard, Head Compliance |
Akastor Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Akastor 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.
| Return On Equity | -0.0149 | |||
| Return On Asset | -0.0084 | |||
| Profit Margin | 1.21 % | |||
| Operating Margin | (0.11) % | |||
| Current Valuation | 427.99 M | |||
| Shares Outstanding | 272.19 M | |||
| Shares Owned By Insiders | 58.70 % | |||
| Shares Owned By Institutions | 8.16 % | |||
| Price To Earning | 3.04 X | |||
| Price To Book | 0.56 X |
Currently Active Assets on Macroaxis
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Other Consideration for investing in Akastor Pink Sheet
If you are still planning to invest in Akastor ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Akastor ASA's history and understand the potential risks before investing.
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