Povl Frigast - Pandora AS Independent Deputy Chairman of the Board

PNDORA Stock  DKK 1,136  19.00  1.70%   

Chairman

Mr. Povl Christian Lutken Frigast has served as Independent Deputy Chairman of the Board of Pandora AS since March 14, 2018. He has previously been Independent First Deputy Chairman of the Board since March 18, 2015. He has previously been Deputy Chairman of the Board. He was Member of the Board of the Company since August 2010. He is also Chairman of the Company Nomination Committee and Member of the Company Remuneration and Audit Committees. He has experience in general management and active involvement in a number of retail and other companies. He was Managing Partner of Axcel Management AS from the founding of the company in 1994 until October 2016 and continues as Executive Chairman of the company. Furthermore, he is currently Chairman of the Boards of Directors of Danish Ship Finance Holding, Denmarks Export Credit Agency and Board Leadership Society in Denmark. He is also Deputy Chairman of PostNord, the Danish VC and Private Equity Association and Axcel Advisory Board, and he is member of the Boards of Danish Ship Finance and Nissens. He also chairs and cofounded Axcelfuture, and he is associate professor at Copenhagen Business School. He holds a MS in Economics from the University of Copenhagen . since 2018.
Age 67
Tenure 6 years
Phone45 36 72 00 44
Webhttps://www.pandoragroup.com

Pandora AS Management Efficiency

The company has return on total asset (ROA) of 0.2078 % which means that it generated a profit of $0.2078 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.7099 %, meaning that it generated $0.7099 on every $100 dollars invested by stockholders. Pandora AS's management efficiency ratios could be used to measure how well Pandora AS manages its routine affairs as well as how well it operates its assets and liabilities.
Pandora AS has accumulated 1.02 B in total debt with debt to equity ratio (D/E) of 0.57, which is about average as compared to similar companies. Pandora AS has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Pandora AS until it has trouble settling it off, either with new capital or with free cash flow. So, Pandora AS'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 Pandora AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pandora to invest in growth at high rates of return. When we think about Pandora AS's use of debt, we should always consider it together with cash and equity.

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Pandora AS designs, manufactures, and markets hand-finished and contemporary jewelry worldwide. Pandora AS was founded in 1982 and is headquartered in Copenhagen, Denmark. Pandora AS operates under Luxury Goods classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 26000 people. Pandora AS (PNDORA) is traded on Copenhagen Exchange in Denmark and employs 32,000 people.

Management Performance

Pandora AS Leadership Team

Elected by the shareholders, the Pandora AS's board of directors comprises two types of representatives: Pandora AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pandora. The board's role is to monitor Pandora AS's management team and ensure that shareholders' interests are well served. Pandora AS'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, Pandora AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
Per Bank, Independent Director
David Walmsley, Senior Vice President Chief Digital & Omnichannel Officer
Martin Nielsen, Head Communications
John Backman, Tax Relations
David Allen, Member of Management Board and President of Emea
Rasmus Brix, Senior Vice President Chief Transformation Officer
Anders BoyerSoegaard, Chief Financial Officer, Executive Vice President, Member of the Executive Management
John Peace, Independent Director
Catherine Spindler, Independent Director
Ronica Wang, Independent Director
Peter Mark, Managing CEE
Jeremy Schwartz, Advisor
Kenneth Madsen, Member of Management Board and President of APAC
Peter Ruzicka, Independent Chairman of the Board
Carla Liuni, Senior Vice President Chief Marketing Officer
Andrea Alvey, Independent Director
Anders BoyerSgaard, Ex CFO
Erik Schmidt, Chief Human Resource Officer, Senior Vice President
Povl Frigast, Independent Deputy Chairman of the Board
Marianne Kirkegaard, Independent Director
Alexander Lacik, President, Chief Executive Officer, Member of the Executive Management
Thomas Touborg, Senior Vice President Group Operations
Sid Keswani, President of PANDORA Americas, Member of the Management Board
Birgitta Goransson, Independent Director
Isabelle Parize, Independent Director
Per Enevoldsen, Founder CoOwner
Stephen Fairchild, Senior Vice President Chief Creative Officer

Pandora 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 Pandora AS 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.

Pair Trading with Pandora AS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pandora AS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pandora AS will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pandora Stock

  0.74NOVO-B Novo Nordisk ASPairCorr

Moving against Pandora Stock

  0.42NTG NTG Nordic TransportPairCorr
The ability to find closely correlated positions to Pandora AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pandora AS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pandora AS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pandora AS to buy it.
The correlation of Pandora AS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pandora AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pandora AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pandora AS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Pandora Stock

Pandora AS financial ratios help investors to determine whether Pandora 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 Pandora with respect to the benefits of owning Pandora AS security.