Njal Saevik - Havila Shipping MD CEO

HAVI Stock  NOK 2.52  0.04  1.56%   

CEO

Njal Saevik is MD CEO of Havila Shipping ASA since 2003.
Age 54
Tenure 21 years
Phone47 70 08 09 00
Webhttps://www.havilashipping.no

Havila Shipping Management Efficiency

The company has return on total asset (ROA) of 0.0237 % which means that it generated a profit of $0.0237 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.5777 %, meaning that it generated $0.5777 on every $100 dollars invested by stockholders. Havila Shipping's management efficiency ratios could be used to measure how well Havila Shipping manages its routine affairs as well as how well it operates its assets and liabilities.
Havila Shipping ASA has accumulated 1.63 B in total debt. Havila Shipping ASA has a current ratio of 1.72, which is within standard range for the sector. Debt can assist Havila Shipping until it has trouble settling it off, either with new capital or with free cash flow. So, Havila Shipping'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 Havila Shipping ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Havila to invest in growth at high rates of return. When we think about Havila Shipping's use of debt, we should always consider it together with cash and equity.
Havila Shipping ASA, together with its subsidiaries, engages in the shipping business. The company was founded in 2003 and is headquartered in Fosnavg, Norway. HAVILA SHIPPING operates under Marine, Salvage, Dredging, Offshore Services classification in Norway and is traded on Oslo Stock Exchange. It employs 499 people. Havila Shipping ASA (HAVI) is traded on Oslo Stock Exchange in Norway and employs 414 people.

Management Performance

Havila Shipping ASA Management Team

Elected by the shareholders, the Havila Shipping's board of directors comprises two types of representatives: Havila Shipping inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Havila. The board's role is to monitor Havila Shipping's management team and ensure that shareholders' interests are well served. Havila Shipping'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, Havila Shipping's outside directors are responsible for providing unbiased perspectives on the board's policies.
Runar Smadal, Human Director
Arne Dale, Chief Officer
Njal Saevik, MD CEO

Havila 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 Havila Shipping 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 Havila Stock

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