Okea ASA (Norway) Management Evaluation

OKEA Stock  NOK 19.99  0.09  0.45%   
Okea ASA employs about 26 people. The company is managed by 25 executives with a total tenure of roughly 32 years, averaging almost 1.0 years of service per executive, having 1.04 employees per reported executive. Inspection of Okea ASA's management performance can provide insight into the company performance.
Erik Haugane  CEO
Chief Executive Officer
  
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Okea ASA Management Team Effectiveness

The company has return on total asset (ROA) of 0.1564 % which means that it generated a profit of $0.1564 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3537 %, meaning that it generated $0.3537 on every $100 dollars invested by stockholders. Okea ASA's management efficiency ratios could be used to measure how well Okea ASA manages its routine affairs as well as how well it operates its assets and liabilities.

Okea ASA Workforce Comparison

Okea ASA is considered to be number one stock in number of employees category among its peers. The total workforce of Oil & Gas E&P industry is now estimated at about 3,549. Okea ASA maintains roughly 26.0 in number of employees contributing less than 1% to all equities under Oil & Gas E&P industry.
The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.55 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.55.

Okea ASA Benchmark Summation

Operator
The output start index for this execution was zero with a total number of output elements of sixty-one. Okea ASA Price Series Summation is a cross summation of Okea ASA price series and its benchmark/peer.

Okea ASA Notable Stakeholders

An Okea ASA stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Okea ASA often face trade-offs trying to please all of them. Okea ASA's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Okea ASA's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Erik HauganeChief Executive OfficerProfile
Svein LiknesChief OfficerProfile
Marit VikLanglieVice President LegalProfile
Espen MyhraSVP DevelProfile
Rune PedersenDirectorProfile
Henrik SchroederDeputy Chairman of the BoardProfile
Prisana PraharnkhasukDirectorProfile
Jan JohansenDirectorProfile
Kjersti HovdalSenior Vice President Accounting and ControllingProfile
Tor BjerkestrandSenior Vice President OperationsProfile
Bodil AlterenVice President HSEProfile
Dag EgganSenior Vice President Business PerformanceProfile
Liv StubholtDirectorProfile
Knut GjertsenSenior Vice President - Project and TechnologyProfile
Andrew McCannSenior Vice President SubsurfaceProfile
Stale MyhreVice President Investor Relation and CommunicationProfile
Chaiwat KovavisarachChairman of the BoardProfile
Finn HauganDirectorProfile
Ola MoeSenior Vice President Business DevelopmentProfile
Ida LundhDirectorProfile
Trond OmdalVP RelationsProfile
Anne RomuldDirectorProfile
Michael FischerDirectorProfile
Nicola GordonDirectorProfile
Birte NorheimChief OfficerProfile

About Okea ASA Management Performance

The success or failure of an entity such as Okea ASA often depends on how effective the management is. Okea ASA management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Okea management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Okea management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company was incorporated in 2015 and is headquartered in Trondheim, Norway. OKEA ASA is traded on Oslo Stock Exchange in Norway.

Okea ASA Workforce Analysis

Traditionally, organizations such as Okea ASA use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Okea ASA within its industry.

Okea ASA Manpower Efficiency

Return on Okea ASA Manpower

Revenue Per Employee246.1M
Revenue Per Executive255.9M
Net Income Per Employee123.7M
Net Income Per Executive128.6M

Other Information on Investing in Okea Stock

Okea ASA financial ratios help investors to determine whether Okea Stock 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 Okea with respect to the benefits of owning Okea ASA security.