Christer Gronberg - Orkla ASA Director

ORK Stock  NOK 105.30  1.30  1.25%   

Director

Mr. Christer Gronberg was Group Director, Human Resources and Member of the Group Executive Board of Orkla ASA since June 2014. From 2010 to 2014, Mr. Gronberg was HR Director at Orkla Foods, prior to which he held the position of HR Director at Stabburet from 2008 to 2010. He was employed at Procordia Food from 1998 to 2008, including eight years as HR Director. From 1982 to 1998, Mr. Gronberg pursued a career in the Swedish Armed Forces. He holds a university degree in Human Resources. since 2014.
Age 62
Tenure 11 years
Phone47 22 54 40 00
Webhttps://www.orkla.no

Orkla ASA Management Efficiency

The company has return on total asset (ROA) of 0.0617 % which means that it generated a profit of $0.0617 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1344 %, meaning that it generated $0.1344 on every $100 dollars invested by stockholders. Orkla ASA's management efficiency ratios could be used to measure how well Orkla ASA manages its routine affairs as well as how well it operates its assets and liabilities.
Orkla ASA has accumulated 10.73 B in total debt with debt to equity ratio (D/E) of 32.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Orkla ASA has a current ratio of 1.27, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Orkla ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Orkla ASA'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 Orkla ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Orkla to invest in growth at high rates of return. When we think about Orkla ASA's use of debt, we should always consider it together with cash and equity.

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Orkla ASA engages in the branded consumer goods, renewable energy, real estate, and financial investment businesses. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. ORKLA ASA operates under Household Consumables Manufacturers classification in Norway and is traded on Oslo Stock Exchange. It employs 18510 people. Orkla ASA (ORK) is traded on Oslo Stock Exchange in Norway and employs 21,423 people.

Management Performance

Orkla ASA Leadership Team

Elected by the shareholders, the Orkla ASA's board of directors comprises two types of representatives: Orkla ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Orkla. The board's role is to monitor Orkla ASA's management team and ensure that shareholders' interests are well served. Orkla ASA'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, Orkla ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christer Gronberg, Group Director, Human Resources and Member of the Group Executive Board
Nils Selte, Director
Hkon Mageli, Corp Director
Sverre Prytz, Exec Board
Kenneth Haavet, Ex Officer
Johan Clarin, Executive Vice President Operations
Harald Ullevoldster, CFO VP
Ingvill Berg, CEO VP
Hege Brekke, CEO EVP
Atle NagelJohansen, Member of the Group Executive Board, Executive Vice President CEO Orkla Foods

Orkla Stock Performance Indicators

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Other Information on Investing in Orkla Stock

Orkla ASA financial ratios help investors to determine whether Orkla 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 Orkla with respect to the benefits of owning Orkla ASA security.