Axel Berntsson - Absolent Group President CEO

ABSO Stock  SEK 231.00  2.00  0.87%   

CEO

Mr. Axel Berntsson was appointed President and Chief Executive Officer at Absolent Group AB effective as of January 1, 2018. He has recently been CEO of Absolent AB. He joined the Company in 2016 from the position of Segment Director in ESAB. Before that, he was Vice President Supply Management at CPS Color and before that consultant at Accenture. He is Civil Engineer in Industrial Economics from Chalmers tekniska hogskola. since 2018.
Age 43
Tenure 6 years
Phone46 5 10 48 40 00
Webhttps://absolentgroup.com

Absolent Group Management Efficiency

The company has return on total asset (ROA) of 0.0824 % which means that it generated a profit of $0.0824 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2872 %, meaning that it generated $0.2872 on every $100 dollars invested by stockholders. Absolent Group's management efficiency ratios could be used to measure how well Absolent Group manages its routine affairs as well as how well it operates its assets and liabilities.
Absolent Group AB has accumulated 545.93 M in total debt with debt to equity ratio (D/E) of 1.7, which is about average as compared to similar companies. Absolent Group AB has a current ratio of 2.32, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Absolent Group until it has trouble settling it off, either with new capital or with free cash flow. So, Absolent Group'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 Absolent Group AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Absolent to invest in growth at high rates of return. When we think about Absolent Group's use of debt, we should always consider it together with cash and equity.

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Absolent Group AB develops, manufactures, and sells filtration technology worldwide. Absolent Group AB is a subsidiary of Melker Schrling AB. Absolent Group operates under Industrial Equipment And Light Machinery classification in Sweden and is traded on Stockholm Stock Exchange. Absolent Group AB (ABSO) is traded on Stockholm Exchange in Sweden and employs 456 people.

Management Performance

Absolent Group AB Leadership Team

Elected by the shareholders, the Absolent Group's board of directors comprises two types of representatives: Absolent Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Absolent. The board's role is to monitor Absolent Group's management team and ensure that shareholders' interests are well served. Absolent Group'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, Absolent Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joakim MSc, CoFounder Director
Karin Lundqvist, Chief Officer
Axel Berntsson, President CEO
Johan MBA, Chief Officer
Robert Wiktoren, Chief Officer
Jan Berndtsson, Chief Officer
James Stansfield, CEO of Filtermist
Mattias Nurman, Chief Officer

Absolent 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 Absolent Group 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.

Thematic Opportunities

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Additional Tools for Absolent Stock Analysis

When running Absolent Group's price analysis, check to measure Absolent Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Absolent Group is operating at the current time. Most of Absolent Group's value examination focuses on studying past and present price action to predict the probability of Absolent Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Absolent Group's price. Additionally, you may evaluate how the addition of Absolent Group to your portfolios can decrease your overall portfolio volatility.