Didrik Leikvang - North Energy CoChief Officer

NORTH Stock  NOK 2.80  0.05  1.82%   

Insider

Didrik Leikvang is CoChief Officer of North Energy ASA
Phone47 22 01 79 50
Webhttps://www.northenergy.no

North Energy Management Efficiency

The company has return on total asset (ROA) of (0.0351) % which means that it has lost $0.0351 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.038) %, meaning that it generated substantial loss on money invested by shareholders. North Energy's management efficiency ratios could be used to measure how well North Energy manages its routine affairs as well as how well it operates its assets and liabilities.
North Energy ASA has accumulated 2.54 M in total debt with debt to equity ratio (D/E) of 1.4, which is about average as compared to similar companies. North Energy ASA has a current ratio of 48.95, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist North Energy until it has trouble settling it off, either with new capital or with free cash flow. So, North Energy'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 North Energy ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for North to invest in growth at high rates of return. When we think about North Energy's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Raymond SmetsNapatech AS
60
Magnus DueGoodtech
N/A
Flemming AndersenNapatech AS
N/A
Borge SorvollArcticzymes Technologies ASA
48
Kjersti HonstadSparebank 1 SMN
52
Heine ThorsgaardNapatech AS
51
Marit LorentzenArcticzymes Technologies ASA
55
Darren EllisArcticzymes Technologies ASA
N/A
Astrid UndheimSparebank 1 SMN
43
Ivar FossumNordic Mining ASA
65
Jarrod SiketNapatech AS
51
Mona SchancheNordic Mining ASA
43
Magnus BakkenGoodtech
42
Lars ChristiansenNapatech AS
N/A
Trond SoraasSparebank 1 SMN
55
yvind OsjordGoodtech
30
Alexander BjornaArcticzymes Technologies ASA
N/A
Kenneth AngedalNordic Mining ASA
N/A
Michael LiljaNapatech AS
N/A
Dirk HahneiserArcticzymes Technologies ASA
55
Christian GjerdeNordic Mining ASA
N/A
Previously, it was engaged in the exploration, development, and production of oil and gas in the Norwegian continental shelf. The company was founded in 2007 and is headquartered in Oslo, Norway. NORTH ENERGY operates under Oil And Gas Drilling And Exploration classification in Norway and is traded on Oslo Stock Exchange. It employs 3 people. North Energy ASA (NORTH) is traded on Oslo Stock Exchange in Norway and employs 2 people.

Management Performance

North Energy ASA Management Team

Elected by the shareholders, the North Energy's board of directors comprises two types of representatives: North Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of North. The board's role is to monitor North Energy's management team and ensure that shareholders' interests are well served. North Energy'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, North Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rachid Bendriss, CoChief Officer
Didrik Leikvang, CoChief Officer
Rune Damm, Finance Manager and Investor Relations

North 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 North Energy 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in North Stock

North Energy financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North Energy security.