Stig Espeseth - HAV Group Managing AS

HAV Stock  NOK 6.26  0.04  0.63%   

Insider

Stig Espeseth is Managing AS of HAV Group ASA
Phone47 70 08 01 80
Webhttps://www.havgroup.no

HAV Group Management Efficiency

The company has return on total asset (ROA) of 0.0493 % which means that it generated a profit of $0.0493 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2194 %, meaning that it generated $0.2194 on every $100 dollars invested by stockholders. HAV Group's management efficiency ratios could be used to measure how well HAV Group manages its routine affairs as well as how well it operates its assets and liabilities.
HAV Group ASA has accumulated 66.53 M in total debt with debt to equity ratio (D/E) of 0.6, which is about average as compared to similar companies. HAV Group ASA has a current ratio of 1.24, 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 HAV Group until it has trouble settling it off, either with new capital or with free cash flow. So, HAV Group'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 HAV Group ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HAV to invest in growth at high rates of return. When we think about HAV Group's use of debt, we should always consider it together with cash and equity.

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HAV Group ASA, through its subsidiaries, provides technology and services for maritime and marine industries worldwide. The company was incorporated in 2021 and is based in Fosnavg, Norway HAV Group ASA operates as a subsidiary of Havyard Group ASA . HAV GROUP is traded on Oslo Stock Exchange in Norway. HAV Group ASA (HAV) is traded on Oslo Stock Exchange in Norway and employs 135 people.

Management Performance

HAV Group ASA Leadership Team

Elected by the shareholders, the HAV Group's board of directors comprises two types of representatives: HAV Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HAV. The board's role is to monitor HAV Group's management team and ensure that shareholders' interests are well served. HAV Group'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, HAV Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
FrankLevi Kvalsund, VP HRQHSE
Gunnar Larsen, Chief Officer
Kristian Osnes, Managing AS
Havard Gjelseth, Managing AS
Stig Espeseth, Managing AS
Pal Aurvag, Chief Officer
Karsten Saevik, Managing AS
Mert Unlusan, Managing Turkey

HAV Stock Performance Indicators

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Other Information on Investing in HAV Stock

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