Oyvind Karlsen - Helgeland Sparebank Director of Business Development

HELG Stock  NOK 141.00  2.48  1.73%   

Director

Mr. Oyvind Karlsen serves as Director of Business Development at Helgeland Sparebank. He was employed since March 1, 2013. He studied Organization and Administration at Distriktshogskolen i Nordland. He also studied Law at Universitetet i Bergen and Finance and Insurance Products at BI. He is Authorized Financial Advisor. He was previously Bank Manager and Advisor at Sparebank1 NordNorge, Senior Advisor at Rana Utviklingsselska, Conultant at Mo og Omegn BB and held various positions at Rana municipality.
Age 58
Phone47 75 11 90 00
Webhttps://www.sparebank1.no/nb/helgeland/privat.html

Helgeland Sparebank Management Efficiency

Helgeland Sparebank's management efficiency ratios could be used to measure how well Helgeland Sparebank manages its routine affairs as well as how well it operates its assets and liabilities.
Helgeland Sparebank has accumulated 10.72 B in total debt. Debt can assist Helgeland Sparebank until it has trouble settling it off, either with new capital or with free cash flow. So, Helgeland Sparebank'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 Helgeland Sparebank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Helgeland to invest in growth at high rates of return. When we think about Helgeland Sparebank's use of debt, we should always consider it together with cash and equity.

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SpareBank 1 Helgeland provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. The company was founded in 1860 and is headquartered in Mo i Rana, Norway. SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 141 people. Helgeland Sparebank (HELG) is traded on Oslo Stock Exchange in Norway and employs 28 people.

Management Performance

Helgeland Sparebank Leadership Team

Elected by the shareholders, the Helgeland Sparebank's board of directors comprises two types of representatives: Helgeland Sparebank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Helgeland. The board's role is to monitor Helgeland Sparebank's management team and ensure that shareholders' interests are well served. Helgeland Sparebank'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, Helgeland Sparebank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Geir Pedersen, Director, Employee Representative
Anne Ekroll, Chief Risk Management Officer
Martin Sreng, B Advisor
Ranveig Krakstad, Chief Accounting Officer and Economic Director
Birgitte Lorentzen, Director, Employee Representative
Dag Heimstad, General Manager, Region South
Bjorn Risoy, Vice Chairman of the Board
Nils Furunes, Director
Sverre Klausen, Chief Financial Officer
BjornTore Bronlund, Director, Corporate Market
David Aakervik, Head Treasury
Ove Brattbakk, Vice Chairman of the Board
Oyvind Karlsen, Director of Business Development
Inga Lund, Director
Ann Krogli, Chief HR Officer and Director of Organisational Devel.
BjrnTore Brnlund, Director Market
Hanne Nordgaard, Chief Executive Officer
DagHugo Heimstad, Director, Retail Market
Eva Hestvik, Director
Marianne Steinmo, Director

Helgeland Stock Performance Indicators

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Other Information on Investing in Helgeland Stock

Helgeland Sparebank financial ratios help investors to determine whether Helgeland 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 Helgeland with respect to the benefits of owning Helgeland Sparebank security.