Henning Beltestad - Lery Seafood CEO and Managing Director of Hallvard Lerøy As

LSG Stock  NOK 51.30  1.60  3.02%   

CEO

Mr. Henning Kolbjorn Beltestad has served as Group Chief Executive Officer of Leroy Seafood Group ASA since April 21, 2010. Henning Beltestad holds a Bachelor of Commerce degree in international marketing from Handelshoyskolen BI . Henning Beltestad has had many different roles in Hallvard Leroy ASA since 1993. Henning Beltestad became managing director of Hallvard Leroy AS in 2007, and in 2008 he became a board member in the Group management with Sales and Distribution as his field of responsibility. since 2010.
Age 55
Tenure 14 years
Phone47 55 21 36 50
Webhttps://www.leroyseafood.com

Lery Seafood Management Efficiency

The company has return on total asset (ROA) of 0.0864 % which means that it generated a profit of $0.0864 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1904 %, meaning that it generated $0.1904 on every $100 dollars invested by stockholders. Lery Seafood's management efficiency ratios could be used to measure how well Lery Seafood manages its routine affairs as well as how well it operates its assets and liabilities.
Lery Seafood Group has accumulated 7.41 B in total debt with debt to equity ratio (D/E) of 0.42, which is about average as compared to similar companies. Lery Seafood Group has a current ratio of 2.9, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Lery Seafood until it has trouble settling it off, either with new capital or with free cash flow. So, Lery Seafood'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 Lery Seafood Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lery to invest in growth at high rates of return. When we think about Lery Seafood's use of debt, we should always consider it together with cash and equity.

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Lery Seafood Group ASA produces, processes, markets, and distributes seafood products worldwide. Lery Seafood Group ASA is a subsidiary of Austevoll Seafood ASA. LEROY SEAFOOD operates under Agribusiness Agriculture And Fishing classification in Norway and is traded on Oslo Stock Exchange. It employs 5000 people. Lery Seafood Group (LSG) is traded on Oslo Stock Exchange in Norway and employs 6,000 people.

Management Performance

Lery Seafood Group Leadership Team

Elected by the shareholders, the Lery Seafood's board of directors comprises two types of representatives: Lery Seafood inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lery. The board's role is to monitor Lery Seafood's management team and ensure that shareholders' interests are well served. Lery Seafood'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, Lery Seafood's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bjarne Reinert, Chief Farming
Siri Mannes, Independent Director
Hans Vestre, Director, Employee Representative
Arne Mogster, Director
Hans Ljen, Head Treasury
Karoline Mogster, Director
Siren Gronhaug, Group Director of Human Resources
Didrik Munch, Independent Director
Britt Drivenes, Director
Sjur Malm, Group Chief Financial Officer
Henning Beltestad, CEO and Managing Director of Hallvard Lerøy As
Ivar Wulff, Group Executive Vice President of Sales and Distribution
Webjorn Barstad, Chief Operating Officer, Wild catch and whitefish
Helge Singelstad, Chairman of the Board
Stig Nilsen, COO of Farming and Executive VP of Farming

Lery 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 Lery Seafood 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 Lery Stock

Lery Seafood financial ratios help investors to determine whether Lery 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 Lery with respect to the benefits of owning Lery Seafood security.