Gudmundur Palmason - STRAX AB Chief Executive Officer, Director

NOBC Stock  EUR 0.01  0  11.90%   

CEO

Gudmundur Palmason is Chief Executive Officer, Director of STRAX AB SK since 2016.
Age 49
Tenure 8 years
Phone46 8 54 50 17 50
Webhttp://www.strax.com

STRAX AB Management Efficiency

STRAX AB's management efficiency ratios could be used to measure how well STRAX AB manages its routine affairs as well as how well it operates its assets and liabilities.
STRAX AB SK has accumulated 40.05 M in total debt with debt to equity ratio (D/E) of 2.47, implying the company greatly relies on financing operations through barrowing. STRAX AB SK has a current ratio of 1.56, which is within standard range for the sector. Debt can assist STRAX AB until it has trouble settling it off, either with new capital or with free cash flow. So, STRAX 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 STRAX AB SK sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for STRAX to invest in growth at high rates of return. When we think about STRAX AB's use of debt, we should always consider it together with cash and equity.
Strax AB designs, develops, manufactures, and sells mobile accessories worldwide. Strax AB was founded in 1995 and is headquartered in Stockholm, Sweden. STRAX AB is traded on Frankfurt Stock Exchange in Germany. STRAX AB SK (NOBC) is traded on Frankfurt Exchange in Germany and employs 200 people.

Management Performance

STRAX AB SK Leadership Team

Elected by the shareholders, the STRAX AB's board of directors comprises two types of representatives: STRAX AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of STRAX. The board's role is to monitor STRAX AB's management team and ensure that shareholders' interests are well served. STRAX 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, STRAX AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bertil Villard, Independent Chairman of the Board
Simon Neave, Global Sales Director ROW
Anders Lonnqvist, Independent Director
Phil Mulholland, Chief Marketing Officer
Pia Anderberg, Director
Johan Heijbel, Chief Financial Officer
Ingvi Tomasson, Founder, Director
Frank Hackmann, Global Sales Director DACH, NL & PL
Gudmundur Palmason, Chief Executive Officer, Director

STRAX 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 STRAX 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.

Currently Active Assets on Macroaxis

Other Information on Investing in STRAX Stock

STRAX AB financial ratios help investors to determine whether STRAX 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 STRAX with respect to the benefits of owning STRAX AB security.