MINEST Stock | | | SEK 2.59 0.07 2.78% |
CFO
Mr. Fredrik Ahlstrom serves as Chief Financial Officer at Minesto AB
Phone | 46 31 29 00 60 |
Web | https://www.minesto.com |
Fredrik Ahlstrom has a broad experience in financial management and international business. Prior to joining Minesto he gained a ten year experience in the mining industry and grew and expertise in businesses developing natural resources. In his recent role as CFO of Sibelco Nordic he led the financial operations of an industrial minerals group. In contrast to the heavy industries Fredrik Ahlstrom started his professional work in 1995 as a financial erpconsultant and was CFO of a fast growing IT company specialized in global corporate treasury functions. Throughout his career Fredrik Ahlstrom has held strategic positions in management teams and boards. He holds a Bachelor Degree in Business Administration and Economics from the University of Gothenburg.
Minesto AB Management Efficiency
The company has return on total asset
(ROA) of
(0.024) % which means that it has lost $0.024 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.0303) %, meaning that it generated substantial loss on money invested by shareholders. Minesto AB's management efficiency ratios could be used to measure how well Minesto AB manages its routine affairs as well as how well it operates its assets and liabilities.
Minesto AB has accumulated 500
K in total debt with debt to equity ratio
(D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Minesto AB has a current ratio of 3.26, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Minesto AB until it has trouble settling it off, either with new capital or with free cash flow. So, Minesto AB'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 Minesto AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minesto to invest in growth at high rates of return. When we think about Minesto AB's use of debt, we should always consider it together with cash and equity.
Similar Executives
Minesto AB operates as a developer of marine energy technology solution in Sweden, Wales, and Northern Ireland. The company was founded in 2007 and is headquartered in Gothenburg, Sweden. Minesto AB is traded on Stockholm Stock Exchange in Sweden. Minesto AB (MINEST) is traded on Stockholm Exchange in Sweden and employs 59 people.
Management Performance
Minesto AB Leadership Team
Elected by the shareholders, the Minesto AB's board of directors comprises two types of representatives: Minesto AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Minesto. The board's role is to monitor Minesto AB's management team and ensure that shareholders' interests are well served. Minesto AB'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, Minesto AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
Minesto 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 Minesto AB 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 Minesto Stock
Minesto AB financial ratios help investors to determine whether Minesto 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 Minesto with respect to the benefits of owning Minesto AB security.