Magne Reierson - Goodtech Head of Projects and Services, Norway

All Insiders . Norway . 
Stock . Goodtech . Stakeholders . Insider . Magne Reierson
GOD Stock  NOK 9.08  0.02  0.22%   

Executive

Mr. Magne Reierson serves as Group Director, Projects Services Norway at Goodtech ASA. He is a civil engineer. He has held senior positions in the Company since Cronus was acquired at the end of 2005. He has previously worked on projects and was responsible for selling projects and services.
Age 55
Phone47 81 56 86 00
Webhttps://www.goodtech.no

Goodtech Management Efficiency

Goodtech's management efficiency ratios could be used to measure how well Goodtech manages its routine affairs as well as how well it operates its assets and liabilities.
Goodtech has accumulated 38.33 M in total debt with debt to equity ratio (D/E) of 18.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Goodtech has a current ratio of 1.04, 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 Goodtech until it has trouble settling it off, either with new capital or with free cash flow. So, Goodtech'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 Goodtech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodtech to invest in growth at high rates of return. When we think about Goodtech's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Ricardo AquirreEqva ASA
N/A
Eirik SvareidEqva ASA
N/A
Trygve KjerpesethEqva ASA
N/A
Arve NilsenEidesvik Offshore ASA
N/A
Kristian OsnesEqva ASA
N/A
Rune DammNorth Energy ASA
N/A
Tor MongstadEqva ASA
N/A
Erik HoeyvikEqva ASA
N/A
Havard GjelsethEqva ASA
N/A
Geir LarsenEqva ASA
52
Stig EspesethEqva ASA
N/A
Helge AasenElkem ASA
60
Gitte TalmoEidesvik Offshore ASA
N/A
Tom JensenEqva ASA
N/A
Morten VigaElkem ASA
59
Arne DaleHavila Shipping ASA
N/A
It designs and supplies turnkey systems to convert and modernize existing systems, such as operator, process safety, industrial IT, and control systems and provides service and support in infrastructure, logistics, and gas and oil sectors, as well as for production, power, and heating distribution systems. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway. GOODTECH ASA operates under Engineering And Technical Services classification in Norway and is traded on Oslo Stock Exchange. Goodtech (GOD) is traded on Oslo Stock Exchange in Norway and employs 316 people.

Management Performance

Return On Equity-0.0359
Return On Asset-0.0081

Goodtech Leadership Team

Elected by the shareholders, the Goodtech's board of directors comprises two types of representatives: Goodtech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goodtech. The board's role is to monitor Goodtech's management team and ensure that shareholders' interests are well served. Goodtech'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, Goodtech's outside directors are responsible for providing unbiased perspectives on the board's policies.
Margrethe Hauge, Chief Officer
yvind Osjord, Chief Officer
Magnus Bakken, Chief Officer
Magnus Due, Chief Officer
Magne Reierson, Head of Projects and Services, Norway

Goodtech 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 Goodtech 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.
Return On Equity-0.0359
Return On Asset-0.0081
Profit Margin(0.01) %
Operating Margin(0.01) %
Current Valuation249.52 M
Shares Outstanding26.48 M
Shares Owned By Insiders61.14 %
Shares Owned By Institutions3.29 %
Price To Earning(3.47) X
Price To Book0.82 X

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Goodtech Stock

Goodtech financial ratios help investors to determine whether Goodtech 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 Goodtech with respect to the benefits of owning Goodtech security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY