Geir Andreassen - Sparebank Executive
| NONG Stock | NOK 117.88 0.86 0.73% |
Executive
Mr. Geir Andreassen has served as Executive Vice President, Chief Technology Officer at SpareBank 1 NordNorge since 2017. He has previously been Executive Vice President, Chief Risk Officer at the Company. Prior to that, he held such roles at the Company as Senior Group General Manager, Finance Accounting, and Senior Group General Manager Risk. He has prior experience as Auditor from Noraudit Harstad, Director of Accounting from Tromso Sparebank and Internal Chief Auditor from Sparebanken Nord since 2017.
| Tenure | 7 years |
| Phone | 47 91 50 22 44 |
| Web | https://www.sparebank1.no |
Sparebank Management Efficiency
The company has return on total asset (ROA) of 0.0153 % which means that it generated a profit of $0.0153 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1129 %, meaning that it generated $0.1129 on every $100 dollars invested by stockholders. Sparebank's management efficiency ratios could be used to measure how well Sparebank manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 3 records | EXECUTIVE Age | ||
| Odd Grefstad | Storebrand ASA | 58 | |
| Heidi Skaaret | Storebrand ASA | 62 | |
| Ola Nerasen | Sparebank 1 SMN | 58 | |
Management Performance
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0153 |
Sparebank 1 Nord Leadership Team
Elected by the shareholders, the Sparebank's board of directors comprises two types of representatives: Sparebank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sparebank. The board's role is to monitor Sparebank's management team and ensure that shareholders' interests are well served. Sparebank'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, Sparebank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tor Oppheim, Elected Member | ||
| Stein Loftas, Chief Officer | ||
| AnnaLiisa Evensen, Head Compliance | ||
| Geir Andreassen, Senior Group General Manager, Risk Management and Compliance | ||
| Turid Aspenes, Executive Vice President Group Development | ||
| Trude Glad, Executive Vice President Salten Region | ||
| Lasse Hagerupsen, Executive Vice President Halogaland Region | ||
| Bengt Olsen, Chief Officer | ||
| Terje Nilsen, Chief Officer | ||
| Liv Ulriksen, Senior Group General Manager, Corporate and Retail Market |
Sparebank 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 Sparebank 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.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0153 | |||
| Profit Margin | 0.46 % | |||
| Operating Margin | 0.59 % | |||
| Current Valuation | 32.13 B | |||
| Shares Outstanding | 100.4 M | |||
| Shares Owned By Insiders | 9.93 % | |||
| Shares Owned By Institutions | 23.38 % | |||
| Price To Earning | 6.77 X | |||
| Price To Book | 0.58 X |
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Sparebank financial ratios help investors to determine whether Sparebank 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 Sparebank with respect to the benefits of owning Sparebank security.