Atle Eide - SalMar ASA Independent Chairman of the Board

JEP Stock  EUR 49.48  0.22  0.45%   

Chairman

Mr. Atle Eide has served as Chairman of the Board of Directors at SalMar ASA. Mr. Eide holds the position as senior partner in HitecVision. From 2003 to 2007 he was the CEO of Marine Harvest ASA and one of its predecessors Pan Fish ASA. Mr. Eides previous work experience includes the CEO position of a number of listed and unlisted companies. Mr. Eide has also held a number of nonexecutive board positions in companies such as Fokus Bank, Acta, Cermaq and NRS. Mr. Eide has served as the Board Chair in SalMar ASA since 06.06.2017. since 2017.
Age 62
Tenure 7 years
Phone47 72 44 79 00
Webhttps://www.salmar.no
Eide has also held a number of nonexecutive board positions in companies such as Fokus Bank, Acta, Cermaq and NRS.

SalMar ASA Management Efficiency

The company has return on total asset (ROA) of 0.0677 % which means that it generated a profit of $0.0677 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1821 %, meaning that it generated $0.1821 on every $100 dollars invested by stockholders. SalMar ASA's management efficiency ratios could be used to measure how well SalMar ASA manages its routine affairs as well as how well it operates its assets and liabilities.
SalMar ASA has accumulated 4.91 B in total debt with debt to equity ratio (D/E) of 0.55, which is about average as compared to similar companies. SalMar ASA has a current ratio of 1.95, which is within standard range for the sector. Debt can assist SalMar ASA until it has trouble settling it off, either with new capital or with free cash flow. So, SalMar ASA'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 SalMar ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SalMar to invest in growth at high rates of return. When we think about SalMar ASA's use of debt, we should always consider it together with cash and equity.
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. The company was founded in 1991 and is headquartered in Kverva, Norway. SALMAR ASA operates under Farm Products classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1763 people. SalMar ASA (JEP) is traded on Frankfurt Exchange in Germany and employs 32 people.

Management Performance

SalMar ASA Leadership Team

Elected by the shareholders, the SalMar ASA's board of directors comprises two types of representatives: SalMar ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SalMar. The board's role is to monitor SalMar ASA's management team and ensure that shareholders' interests are well served. SalMar ASA'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, SalMar ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tonette Bjrgrd, Head Accounting
Simon Sobstad, COO Director
Kjell Storeide, Independent Vice Chairman of the Board
Jon Rosvoll, Director, Employee representative
Brit Soleng, Director, Employee Representative
Ulrik Steinvik, Director Business Support, Member of the Group's Management Team
Margrethe Hauge, Independent Director
Gustav Witzoe, President, Chief Executive Officer, Member of the Group's Management Team
Helge Moen, Independent Director
Hakon Husby, Head Relations
Trine Romuld, Chief Financial Officer, Chief Operating Officer
Frode Arntsen, Director of Processing and Sales, Member of the Group's Management Team
Roger Bekken, Chief Operating Officer - Farming, Member of the Group's Management Team
Arthur Wisniewski, Director Management
Atle Eide, Independent Chairman of the Board
Gunnar Nielsen, Ex Officer

SalMar 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 SalMar ASA 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.

Currently Active Assets on Macroaxis

Other Information on Investing in SalMar Stock

SalMar ASA financial ratios help investors to determine whether SalMar 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 SalMar with respect to the benefits of owning SalMar ASA security.