Ine Dolve - Aker BP VP Devel

AKRBP Stock  NOK 225.90  2.80  1.22%   

Insider

Ine Dolve is VP Devel of Aker BP ASA
Age 48
Phone47 51 35 30 00
Webhttps://akerbp.com

Aker BP Management Efficiency

The company has return on total asset (ROA) of 0.237 % which means that it generated a profit of $0.237 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2171 %, meaning that it generated $0.2171 on every $100 dollars invested by stockholders. Aker BP's management efficiency ratios could be used to measure how well Aker BP manages its routine affairs as well as how well it operates its assets and liabilities.
Aker BP ASA has accumulated 3.67 B in total debt with debt to equity ratio (D/E) of 1.87, which is about average as compared to similar companies. Aker BP ASA has a current ratio of 1.04, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Aker BP until it has trouble settling it off, either with new capital or with free cash flow. So, Aker BP'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 Aker BP ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aker to invest in growth at high rates of return. When we think about Aker BP's use of debt, we should always consider it together with cash and equity.

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Aker BP ASA engages in the exploration, development, and production of oil and gas on the Norwegian Continental Shelf. Aker BP ASA was founded in 2001 and is headquartered in Fornebu, Norway. AKER BP operates under Oil Gas EP classification in Norway and is traded on Oslo Stock Exchange. It employs 1745 people. Aker BP ASA (AKRBP) is traded on Oslo Stock Exchange in Norway and employs 10 people.

Management Performance

Aker BP ASA Leadership Team

Elected by the shareholders, the Aker BP's board of directors comprises two types of representatives: Aker BP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aker. The board's role is to monitor Aker BP's management team and ensure that shareholders' interests are well served. Aker BP'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, Aker BP's outside directors are responsible for providing unbiased perspectives on the board's policies.
Terje Solheim, GM Director
Per Kongelf, VP Improvement
David Toenne, Chief Officer
Marit Blaasmo, VP HSSEQ
Ine Dolve, VP Devel
Knut Sandvik, VP Projects
Karl Hersvik, Chief Officer
Evy GloerstadClark, VP Devel
Lars Hoeier, Sr NOAKA
Arne Sigmundstad, VP Wells

Aker 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 Aker BP 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.

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Other Information on Investing in Aker Stock

Aker BP financial ratios help investors to determine whether Aker 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 Aker with respect to the benefits of owning Aker BP security.