Hans Blokkum - Kongsberg Gruppen President

KOG Stock  NOK 1,312  24.00  1.86%   

President

Mr. Hans Petter Blokkum was Group Executive Vice President, Chief Human Resources and Security Officer at KONGSBERG GRUPPEN ASA since March 1, 2018. He was previously EVP Business Support, Kongsberg Defense Systems and Group VP Chief HR officer, Kongsberg Gruppen. He has more than 30 years of experience within the HR area and broad international experience. Prior to joining KONGSBERG in 2010 he held the position of HR director of Dresser Rand, responsible for Europe, MiddleEast and Africa. He studied at Norwegian School of Economics, Strategic Management and University of Stavanger, Human resources. He is Board member of Kongsberg Chamber of Commerce, Arbeidspolitisk utvalg, The Federation of Norwegian Industries. since 2018.
Age 61
Tenure 6 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.

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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

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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.