Even Aas - Kongsberg Gruppen Group Executive VP of Public Affairs

KOG Stock  NOK 1,311  25.00  1.94%   

EVP

Mr. Even Aas was Group Executive Vice President Public Affairs at Kongsberg Gruppen ASA since January 1, 2009. He was previously Executive Vice President of Corporationrationrate Communications of the Company. He joined the Group in 1998. Prior to Kongsberg, he served for the Norwegian Confederation of Trade Unions, and was a Political Advisor and later State Secretary for Commerce and Shipping in the Ministry of Foreign Affairs. In the past, he also worked for Telenor ASA. He is Chair of Maritime Forum and Expo 2012 Norway. He obtained a degree in Economics from Universitetet i Oslo in 1988. since 2009.
Age 62
Tenure 15 years
Phone47 32 28 82 00
Webhttps://www.kongsberg.com

Kongsberg Gruppen Management Efficiency

The company has return on total asset (ROA) of 0.0494 % which means that it generated a profit of $0.0494 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2 %, meaning that it generated $0.2 on every $100 dollars invested by stockholders. Kongsberg Gruppen's management efficiency ratios could be used to measure how well Kongsberg Gruppen manages its routine affairs as well as how well it operates its assets and liabilities.
Kongsberg Gruppen ASA has accumulated 3.95 B in total debt with debt to equity ratio (D/E) of 46.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Kongsberg Gruppen ASA has a current ratio of 1.89, which is within standard range for the sector. Debt can assist Kongsberg Gruppen until it has trouble settling it off, either with new capital or with free cash flow. So, Kongsberg Gruppen'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 Kongsberg Gruppen ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kongsberg to invest in growth at high rates of return. When we think about Kongsberg Gruppen's use of debt, we should always consider it together with cash and equity.
Kongsberg Gruppen ASA, together with its subsidiaries, provides technology systems and solutions to customers in deep-sea, digital, defence, merchant marine, oil and gas, fisheries, aerospace, and space industries. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway. Kongsberg Gruppen operates under Aerospace Defense classification in Norway and is traded on Oslo Stock Exchange. It employs 6881 people. Kongsberg Gruppen ASA (KOG) is traded on Oslo Stock Exchange in Norway and employs 11,766 people.

Management Performance

Kongsberg Gruppen ASA Leadership Team

Elected by the shareholders, the Kongsberg Gruppen's board of directors comprises two types of representatives: Kongsberg Gruppen inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kongsberg. The board's role is to monitor Kongsberg Gruppen's management team and ensure that shareholders' interests are well served. Kongsberg Gruppen'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, Kongsberg Gruppen's outside directors are responsible for providing unbiased perspectives on the board's policies.
Geir Haoy, Executive Vice President; President Kongsberg Maritime
Iver Olerud, Group Devel
Gyrid Ingero, Group Executive Vice President CFO
Lene Svenne, Co Officer
Even Aas, Group Executive VP of Public Affairs
Eirik Lie, President of Kongsberg Defense Systems
Christian Karde, Group Counsel
Jan Hoff, Vice President Investor Relations and Reporting
Hans Blokkum, Group Executive Vice President Chief Human Resources and Security Officer
Kristin Barkost, VP Accounting

Kongsberg 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 Kongsberg Gruppen 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 Kongsberg Stock

Kongsberg Gruppen financial ratios help investors to determine whether Kongsberg 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 Kongsberg with respect to the benefits of owning Kongsberg Gruppen security.