Geir Karlsen - Norwegian Air Chief Officer

All Insiders . USA . 
Stock . Norwegian Air Shuttle . Stakeholders . Insider . Geir Karlsen
NWARF Stock  USD 1.00  0.03  3.09%   

Executive

Mr. Geir Magne Karlsen serves as Interim Chief Executive Officer, Chief Financial Officer of the Company. He was appointed Chief Financial Officer in April 2018 and deputy CEO in April 2019. He has extensive experience from listed companies within shipping and offshore. Geir Karlsen has over the last 12 years held various CFO positions with international companies such as Golden Ocean Group and Songa Offshore. Before joining Norwegian, he was Group CFO at Londonbased Navig8 Group, the world largest independent pool and management company. Karlsen has a degree in Business Administration from BI Norwegian Business School. since 2019.
Age 58
Tenure 5 years
Phone47 67 59 30 00
Webhttps://www.norwegian.com
Karlsen has over the last 12 years held various CFO positions with international companies such as Golden Ocean Group and Songa Offshore. Before Norwegian, he held the position Group CFO at Londonbased Navig8 Group. Geir Karlsen has a degree in Business Administration from BI Norwegian Business School.

Norwegian Air Management Efficiency

The company has return on total asset (ROA) of (0.0447) % which means that it has lost $0.0447 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3348 %, meaning that it generated $0.3348 on every $100 dollars invested by stockholders. Norwegian Air's management efficiency ratios could be used to measure how well Norwegian Air manages its routine affairs as well as how well it operates its assets and liabilities.
Norwegian Air Shuttle has accumulated 3.98 B in total debt with debt to equity ratio (D/E) of 2.81, implying the company greatly relies on financing operations through barrowing. Norwegian Air Shuttle has a current ratio of 1.19, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Norwegian Air until it has trouble settling it off, either with new capital or with free cash flow. So, Norwegian Air'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 Norwegian Air Shuttle sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Norwegian to invest in growth at high rates of return. When we think about Norwegian Air's use of debt, we should always consider it together with cash and equity.

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Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway. Norwegian Air is traded on OTC Exchange in the United States. Norwegian Air Shuttle [NWARF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Return On Equity0.33
Return On Asset-0.0447

Norwegian Air Shuttle Leadership Team

Elected by the shareholders, the Norwegian Air's board of directors comprises two types of representatives: Norwegian Air inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Norwegian. The board's role is to monitor Norwegian Air's management team and ensure that shareholders' interests are well served. Norwegian Air'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, Norwegian Air's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christoffer Sundby, Marketing Sales
Jesper Hatletveit, VP Relations
Magnus Maursund, Pricing Network
Guro Poulsen, Ex People
Geir Karlsen, Chief Officer
Dominic Tucker, Head UK
Knut Hoeg, Exec Services
Adrian Dunne, Ex Operations
AnneSissel Skanvik, Senior Vice President Corporate Communications
HansJoergen Wibstad, Chief Officer

Norwegian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Norwegian Air 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 Equity0.33
Return On Asset-0.0447
Profit Margin0.08 %
Operating Margin(0.09) %
Current Valuation1.05 B
Shares Outstanding929.99 M
Shares Owned By Insiders20.42 %
Shares Owned By Institutions39.04 %
Price To Earning0.27 X
Price To Book1.58 X

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Other Information on Investing in Norwegian Pink Sheet

Norwegian Air financial ratios help investors to determine whether Norwegian Pink Sheet 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 Norwegian with respect to the benefits of owning Norwegian Air security.
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