Geir Haoy - Kongsberg Gruppen President

NSKFF Stock  USD 106.00  8.95  7.79%   

President

Mr. Geir Haoy was appointed President and Chief Executive Officer of Kongsberg Gruppen ASA, effective as of June 6, 2016. He was previously Executive Vice President of the Company and President of Kongsberg Maritime until June 5, 2016. He joined the Company in June 1993, holding various management positions since 1996. He has international experience from various positions in Kongsberg Maritime, where he was President since 2010. He has, among other positions, been Head of Kongsberg Maritime activities in Singapore and in Busan, SouthKorea and has served as Executive Vice President for Global Customer Support. He graduated in Engineering from Vestfold University College in 1989. since 2016.
Age 57
Tenure 8 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.
Kongsberg Gruppen ASA has accumulated 2.45 B in total debt with debt to equity ratio (D/E) of 0.38, which is about average as compared to similar companies. Kongsberg Gruppen ASA has a current ratio of 1.17, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. 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 high-tech systems and solutions primarily to customers in the maritime and defense markets. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway. Kongsberg Gruppen operates under Aerospace Defense classification in the United States and is traded on OTC Exchange. It employs 11364 people. Kongsberg Gruppen ASA [NSKFF] is a Pink Sheet which is traded between brokers as part of OTC trading.

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.
Geir Haoy, Executive Vice President; President Kongsberg Maritime
Iver Olerud, Group Devel
Gyrid Ingero, Group Executive Vice President CFO
Lene Svenne, Co Officer
Even Aas, Group Executive VP of Public Affairs
Eirik Lie, President of Kongsberg Defense Systems
Christian Karde, Group Counsel
Jan Hoff, Vice President Investor Relations and Reporting
Hans Blokkum, Group Executive Vice President Chief Human Resources and Security Officer
Kristin Barkost, VP Accounting

Kongsberg 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 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Kongsberg Pink Sheet

Kongsberg Gruppen financial ratios help investors to determine whether Kongsberg Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kongsberg with respect to the benefits of owning Kongsberg Gruppen security.