Henrik Frisell - Kid ASA Chief Officer

KID Stock  NOK 124.40  2.80  2.30%   

Executive

Mr. Henrik Frisell was appointed Chief Financial Officer at KID ASA effective as of January 1, 2019. He holds a MBA from Rotterdam School of Management and a Master in Accounting and Auditing from the Norwegian School of Management. He comes with experience from senior and executive positions in the retail and consumer goods industries. Mr. Frisell has previously worked for the Royal Norwegian Navy, Ringnes, Circle K and PWC. since 2019.
Age 47
Tenure 5 years
Phone47 94 02 60 00
Webhttps://www.kid.no

Kid ASA Management Efficiency

The company has return on total asset (ROA) of 0.0805 % which means that it generated a profit of $0.0805 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2457 %, meaning that it generated $0.2457 on every $100 dollars invested by stockholders. Kid ASA's management efficiency ratios could be used to measure how well Kid ASA manages its routine affairs as well as how well it operates its assets and liabilities.
Kid ASA has accumulated 969.18 M in total debt with debt to equity ratio (D/E) of 99.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Kid ASA has a current ratio of 1.44, which is within standard range for the sector. Debt can assist Kid ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Kid 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 Kid ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kid to invest in growth at high rates of return. When we think about Kid ASA's use of debt, we should always consider it together with cash and equity.

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Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway. Kid ASA was founded in 1937 and is headquartered in Lier, Norway. KID ASA operates under Specialty Retail classification in Norway and is traded on Oslo Stock Exchange. It employs 456 people. Kid ASA (KID) is traded on Oslo Stock Exchange in Norway and employs 401 people.

Management Performance

Kid ASA Leadership Team

Elected by the shareholders, the Kid ASA's board of directors comprises two types of representatives: Kid ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kid. The board's role is to monitor Kid ASA's management team and ensure that shareholders' interests are well served. Kid 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, Kid ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anders Fjeld, Chief Officer
Eystein Lund, Chief Officer
Anders Lorentzson, Managing Hemtex
Frode Larsen, Chief Officer
Cathrine Abrahamsen, Head Devel
Stian Brandhagen, Head Management
Henrik Frisell, Chief Officer
Marianne Fulford, Head Sourcing

Kid 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 Kid 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.

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Other Information on Investing in Kid Stock

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