Joern Nielsen - Ringkjoebing Landbobank General Manager, Member of the General Management

RILBA Stock  DKK 1,145  9.00  0.78%   

Executive

Mr. Joern Nielsen was appointed General Manager and Member of the General Management at Ringkjoebing Landbobank AS, effective as of September 1, 2015. Before that, he was Assistant General Manager at the Company since 2012. He was previously Credit Controller at the Company from March 1, 2012 and Credit Manager until March 1, 2012. He was employed by the bank since August 1, 1991. He was appointed Head of the Credit Department in 1998, Credit Manager in 2009. He completed a Diploma in Economics and Financial Planning. since 2015.
Age 46
Tenure 9 years
Phone45 97 32 11 66
Webhttps://www.landbobanken.dk

Ringkjoebing Landbobank Management Efficiency

The company has return on total asset (ROA) of 0.0231 % which means that it generated a profit of $0.0231 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1659 %, meaning that it generated $0.1659 on every $100 dollars invested by stockholders. Ringkjoebing Landbobank's management efficiency ratios could be used to measure how well Ringkjoebing Landbobank manages its routine affairs as well as how well it operates its assets and liabilities.
Ringkjoebing Landbobank AS has accumulated 9.15 B in total debt. Debt can assist Ringkjoebing Landbobank until it has trouble settling it off, either with new capital or with free cash flow. So, Ringkjoebing Landbobank'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 Ringkjoebing Landbobank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ringkjoebing to invest in growth at high rates of return. When we think about Ringkjoebing Landbobank's use of debt, we should always consider it together with cash and equity.

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Ringkjbing Landbobank AS provides various banking products and services in Denmark. Ringkjbing Landbobank AS was founded in 1886 and is headquartered in Ringkbing, Denmark. Ringkjbing Landbobank operates under BanksRegional classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 644 people. Ringkjoebing Landbobank AS (RILBA) is traded on Copenhagen Exchange in Denmark and employs 646 people.

Management Performance

Ringkjoebing Landbobank Leadership Team

Elected by the shareholders, the Ringkjoebing Landbobank's board of directors comprises two types of representatives: Ringkjoebing Landbobank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ringkjoebing. The board's role is to monitor Ringkjoebing Landbobank's management team and ensure that shareholders' interests are well served. Ringkjoebing Landbobank'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, Ringkjoebing Landbobank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gitte Vigsoe, Director, Employee Representative
Joern Nielsen, General Manager, Member of the General Management
Jens Nielsen, Independent Deputy Chairman of the Board
Sten Erlandsen, Head of Treasury
Jorn Nielsen, General Manager, Member of the General Management
Martin Pedersen, Deputy Chairman, Member of Shareholders Committee, Member of Remuneration Committee, Member of Audit Committee, Member of Risk Committee, Member of Nomination Committee and CEO of Ringkøbing
John Fisker, Member of the General Management, Chief Executive Officer
Henrik Haugaard, Chief Auditor
Lone Sollmann, Independent Director
Mads Hvolby, Independent Deputy Chairman of the Board
Arne Ugilt, Director, Employee Representative
Ole Pedersen, Financial Manager
Lars Hind, Ex Relations
Sten Uggerhoej, Independent Director
Finn Aaen, Director, Employee Representative
Carl Pedersen, General Manager, Member of the General Management
Jrn Nielsen, GM Board
Jacob Moeller, Independent Director
Jacob Moller, Independent Director
Dan Astrup, Director, Employee Representative
Claus Andersen, General Manager, Member of the General Management
Morten Jensen, Independent Director
Jon Johnsen, Independent Director

Ringkjoebing 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 Ringkjoebing Landbobank 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 Ringkjoebing Landbobank

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 Ringkjoebing Landbobank 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 Ringkjoebing Landbobank will appreciate offsetting losses from the drop in the long position's value.

Moving against Ringkjoebing Stock

  0.81VWS Vestas Wind SystemsPairCorr
  0.62NOVO-B Novo Nordisk ASPairCorr
  0.62VJBA Vestjysk Bank ASPairCorr
  0.35HLUN-B H Lundbeck ASPairCorr
The ability to find closely correlated positions to Ringkjoebing Landbobank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ringkjoebing Landbobank 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 Ringkjoebing Landbobank - 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 Ringkjoebing Landbobank AS to buy it.
The correlation of Ringkjoebing Landbobank 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 Ringkjoebing Landbobank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ringkjoebing Landbobank 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 Ringkjoebing Landbobank 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 Ringkjoebing Stock

Ringkjoebing Landbobank financial ratios help investors to determine whether Ringkjoebing 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 Ringkjoebing with respect to the benefits of owning Ringkjoebing Landbobank security.