93S Stock | | | EUR 10.00 0.13 1.32% |
CEO
Hanne Kraemer is Chief Executive Officer of SpareBank 1 Finans Nord-Norge of SPAREBK 1 NORD NORGE since 2019.
Tenure | 5 years |
Phone | 47 91 50 22 44 |
Web | http://www.sparebank1.no |
SPAREBK 1 Management Efficiency
The company has return on total asset
(ROA) of
0.0155 % which means that it generated a profit of $0.0155 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1177 %, meaning that it generated $0.1177 on every $100 dollars invested by stockholders. SPAREBK 1's management efficiency ratios could be used to measure how well SPAREBK 1 manages its routine affairs as well as how well it operates its assets and liabilities.
SPAREBK 1 NORD NORGE has accumulated 24.62
B in total debt. Debt can assist SPAREBK 1 until it has trouble settling it off, either with new capital or with free cash flow. So, SPAREBK 1'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 SPAREBK 1 NORD sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SPAREBK to invest in growth at high rates of return. When we think about SPAREBK 1's use of debt, we should always consider it together with cash and equity.
SpareBank 1 Nord-Norge provides financial products and services to personal customers, companies, and organizations in Northern Norway. SpareBank 1 Nord-Norge was founded in 1836 and is headquartered in Troms, Norway. SPAREBK 1 is traded on Frankfurt Stock Exchange in Germany. SPAREBK 1 NORD NORGE (93S) is traded on Frankfurt Exchange in Germany and employs 852 people.
Management Performance
SPAREBK 1 NORD Leadership Team
Elected by the shareholders, the SPAREBK 1's board of directors comprises two types of representatives: SPAREBK 1 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SPAREBK. The board's role is to monitor SPAREBK 1's management team and ensure that shareholders' interests are well served. SPAREBK 1'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, SPAREBK 1's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Geir Bergvoll, Independent Director | |
| Sonja Djonne, Independent Director | |
| Geir Andreassen, Executive Vice President Technology and Process | |
| Kjetil Berntsen, Director, Employee Representative | |
| Kjersti Stormo, Independent Director | |
| Vivi Pedersen, Director, Employee Representative | |
| Kristin Amundsen, Chief Executive Officer of EiendomsMegler 1 Nord-Norge | |
| Greger Mannsverk, Independent Director | |
| Turid Aspenes, Executive Vice President Group Development | |
| Tom Aasnes, Chief Executive Officer of SpareBank 1 Regnskapshuset Nord-Norge | |
| Ronni Pettersen, Executive Vice President Sales and Customer Relations | |
| Christian Overvaag, Executive Vice President Troms | |
| Nina Wihuri, Compliance Manager | |
| Trond Hanssen, Executive Vice President Finnmark | |
| Trude Glad, Executive Vice President Helgeland and Salten | |
| Karl SchjottPedersen, Independent Chairman of the Board | |
| Lasse Hagerupsen, Executive Vice President Halogaland | |
| Marius Nilsen, Acting Chief Risk Officer | |
| Ingvild Myhre, Independent Director | |
| HansTore Bjerkaas, Independent Deputy Chairman of the Board | |
| Bengt Olsen, Executive Vice President, Chief Financial Officer | |
| Liv Ulriksen, Executive Vice President Credit and Risk Management | |
| Hanne Kraemer, Chief Executive Officer of SpareBank 1 Finans Nord-Norge | |
SPAREBK 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 SPAREBK 1 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 SPAREBK Stock
SPAREBK 1 financial ratios help investors to determine whether SPAREBK 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 SPAREBK with respect to the benefits of owning SPAREBK 1 security.