Anders Olstad - Entra ASA Deputy CFO

ENTRA Stock  NOK 117.20  4.20  3.72%   

CFO

Mr. Anders Olstad was appointed Chief Financial Officer of Entra ASA, effective as of October 1, 2015. Anders Olstad holds an MBA with distinction from INSEAD and a MS from the Royal Norwegian Naval Academy, as well as studies at the Norwegian Business School and the Law faculty at the University in Bergen. Mr. Olstad has previously served as CFO at Helly Hansen, Relacom, Hurtigruten, and Lindorff. Before that, he held the position as Director of Business Development at B.Skaugen, consultant with McKinsey Company and held various positions in the Norwegian Armed Forces. since 2015.
Age 56
Tenure 9 years
Professional MarksMBA
Phone47 21 60 51 00
Webhttps://www.entra.no

Entra ASA Management Efficiency

The company has return on total asset (ROA) of 0.0212 % which means that it generated a profit of $0.0212 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0686 %, meaning that it generated $0.0686 on every $100 dollars invested by stockholders. Entra ASA's management efficiency ratios could be used to measure how well Entra ASA manages its routine affairs as well as how well it operates its assets and liabilities.
Entra ASA has accumulated 22.79 B in total debt with debt to equity ratio (D/E) of 83.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Entra ASA has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Entra ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Entra ASA'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 Entra ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Entra to invest in growth at high rates of return. When we think about Entra ASA's use of debt, we should always consider it together with cash and equity.

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Terje LarsenVeidekke ASA
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Entra ASA owns, develops, and manages office properties in Norway. The company was founded in 2000 and is headquartered in Oslo, Norway. ENTRA ASA operates under Office Commercial And Industrial Real Estate classification in Norway and is traded on Oslo Stock Exchange. It employs 170 people. Entra ASA (ENTRA) is traded on Oslo Stock Exchange in Norway and employs 199 people.

Management Performance

Entra ASA Leadership Team

Elected by the shareholders, the Entra ASA's board of directors comprises two types of representatives: Entra ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Entra. The board's role is to monitor Entra ASA's management team and ensure that shareholders' interests are well served. Entra ASA'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, Entra ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kristine Hilberg, Ex Organisation
Ase Lunde, Executive Vice President Digital and Business Development
Per Ulseth, Executive Vice President Project Development
Hallgeir Ostrem, Ex Procurement
Anders Olstad, Deputy CFO
Kjetil Hoff, Chief Officer
Sonja Horn, Executive VP of Central Oslo
Tore Bakken, Ex Devel
Kristian Hafsteen, VP Accounting
Tore Lia, Head Investments

Entra Stock Performance Indicators

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Other Information on Investing in Entra Stock

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