Riku Riikonen - Etteplan Oyj President

ETTE Stock  EUR 10.50  0.15  1.41%   

President

Mr. Riku Riikonen was appointed Senior Vice President, Engineering Solutions and Member of the Management Group at Etteplan Oyj effective as of January 1, 2019. He has previously been Senior Vice President, Engineering Services and Member of the Management Group of Etteplan Oyj since January 1, 2015. He holds a MS degree in Engineering. Mr. Riikonen was employed by Etteplan since 2010. He previously served as Vice President and General Manager of Etteplan China, Vice President for Sales and Key Account Management of Etteplan Oyj, Sales Director of Etteplan Oyj, Territory Sales Executive of SAP and held various positions in Elcoteq Oyj . since 2019.
Age 46
Tenure 5 years
Phone358 10 3070
Webhttps://www.etteplan.com

Etteplan Oyj Management Efficiency

The company has return on total asset (ROA) of 0.0714 % which means that it generated a profit of $0.0714 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1788 %, meaning that it generated $0.1788 on every $100 dollars invested by stockholders. Etteplan Oyj's management efficiency ratios could be used to measure how well Etteplan Oyj manages its routine affairs as well as how well it operates its assets and liabilities.
Etteplan Oyj has accumulated 30.35 M in total debt with debt to equity ratio (D/E) of 67.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Etteplan Oyj has a current ratio of 1.08, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Etteplan Oyj until it has trouble settling it off, either with new capital or with free cash flow. So, Etteplan Oyj'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 Etteplan Oyj sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Etteplan to invest in growth at high rates of return. When we think about Etteplan Oyj's use of debt, we should always consider it together with cash and equity.

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Etteplan Oyj provides industrial equipment and plant engineering, embedded systems, Internet of Things , and technical documentation solutions and services in Finland, Sweden, China, and Central Europe. The company was founded in 1983 and is headquartered in Vantaa, Finland. Etteplan Oyj operates under Diversified Industrial classification in Finland and is traded on Helsinki Exchange. It employs 3150 people. Etteplan Oyj (ETTE) is traded on Helsinki Exchange in Finland and employs 4,001 people.

Management Performance

Etteplan Oyj Leadership Team

Elected by the shareholders, the Etteplan Oyj's board of directors comprises two types of representatives: Etteplan Oyj inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Etteplan. The board's role is to monitor Etteplan Oyj's management team and ensure that shareholders' interests are well served. Etteplan Oyj'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, Etteplan Oyj's outside directors are responsible for providing unbiased perspectives on the board's policies.
Outi Torniainen, Senior Vice President Communications and Marketing; Member of the Management Group
Jukka Lahtinen, Senior Vice President Global Sales; Member of the Management Group
Helena MSc, CFO Board
Juha Nakki, Chairman of the Management Group and Presidentident, CEO
Veikko Lamminen, Senior Vice President Operations Finland; Member of the Management Group
MSc BBA, Acquisitions Mergers
Minna MSc, VP Group
Riku Riikonen, Senior Vice President Engineering Services; Member of the Management Group
Mikael B, VP Member
Petri Ikonen, Senior Vice President Technical Documentation Services; Member of the Management Group

Etteplan 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 Etteplan Oyj 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 Etteplan Stock

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