Ivar Vatne - BillerudKorsns Ex CEO

BLRDF Stock  USD 9.13  0.13  1.44%   

CEO

Mr. Ivar Vatne was appointed Chief Financial Officer of BillerudKorsnas Aktiebolag, effective as of June 1, 2019 at the latest. Ivar Vatne has more than 16 years of experience in different roles within finance, mainly focusing on FastMoving Consumer Goods from Procter Gamble, Fiskars and Arla. At PG Ivars roles have included Group CFO for one of PGs divisions, with responsibility for 19 markets. For the past three years he was employed in the Arla Group, where he has served as CFO of Arla Foods Sweden AB and then around two years as CFO of Arla UK Ltd, with net sales of around EUR 2.2 billion. Ivar has an M.Sc. of strategy and management from the Norwegian School of Economics, along with a degree in philosophy from the University of Tromso . since 2019.
Age 45
Tenure 5 years
Phone46 8 55 33 35 00
Webhttps://www.billerud.com

BillerudKorsns Management Efficiency

The company has return on total asset (ROA) of 0.0798 % which means that it generated a profit of $0.0798 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1862 %, meaning that it generated $0.1862 on every $100 dollars invested by stockholders. BillerudKorsns' management efficiency ratios could be used to measure how well BillerudKorsns manages its routine affairs as well as how well it operates its assets and liabilities.
BillerudKorsns AB has accumulated 4.66 B in total debt with debt to equity ratio (D/E) of 0.26, which may suggest the company is not taking enough advantage from borrowing. BillerudKorsns AB has a current ratio of 1.24, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist BillerudKorsns until it has trouble settling it off, either with new capital or with free cash flow. So, BillerudKorsns' 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 BillerudKorsns AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BillerudKorsns to invest in growth at high rates of return. When we think about BillerudKorsns' use of debt, we should always consider it together with cash and equity.
Billerud Aktiebolag provides fiber-based packaging materials and solutions in Sweden and internationally. Billerud Aktiebolag was incorporated in 1926 and is headquartered in Solna, Sweden. Billerud Korsnas operates under Paper Paper Products classification in the United States and is traded on OTC Exchange. It employs 5307 people. BillerudKorsns AB [BLRDF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

BillerudKorsns AB Leadership Team

Elected by the shareholders, the BillerudKorsns' board of directors comprises two types of representatives: BillerudKorsns inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BillerudKorsns. The board's role is to monitor BillerudKorsns' management team and ensure that shareholders' interests are well served. BillerudKorsns' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BillerudKorsns' outside directors are responsible for providing unbiased perspectives on the board's policies.
Matthew Hirst, Ex Sustainability
Paulina Ekvall, Senior Vice President of Corporate Human Resources
Ivar Vatne, Ex CEO
Lena Schattauer, Head of Investor Relations
Christoph MSc, Pres CEO
Erik Olsson, Ex Strategy
Tor Lundqvist, Ex Operations
Louise Bjarke, Head Press
AnnaMaria Reini, Ex Supply
Andreas Mattsson, General Counsel

BillerudKorsns 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 BillerudKorsns 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 BillerudKorsns Pink Sheet

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