Tore Berg - Saga Pure Chief Officer

SAGA Stock  NOK 1.27  0.01  0.78%   

Insider

Tore Berg is Chief Officer of Saga Pure ASA
Age 50
Phone47 92 43 14 17
Webhttps://www.sagapure.com

Saga Pure Management Efficiency

The company has return on total asset (ROA) of 0.0325 % which means that it generated a profit of $0.0325 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1611 %, meaning that it generated $0.1611 on every $100 dollars invested by stockholders. Saga Pure's management efficiency ratios could be used to measure how well Saga Pure manages its routine affairs as well as how well it operates its assets and liabilities.
Saga Pure ASA has accumulated 62 M in total debt with debt to equity ratio (D/E) of 18.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Saga Pure ASA has a current ratio of 11.92, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Saga Pure until it has trouble settling it off, either with new capital or with free cash flow. So, Saga Pure'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 Saga Pure ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Saga to invest in growth at high rates of return. When we think about Saga Pure's use of debt, we should always consider it together with cash and equity.

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Saga Tankers ASA engages in the investment and management activities related to shipping, rig, real estate, stock trading, and other related businesses. The company was incorporated in 2010 and is headquartered in Oslo, Norway. SAGA TANKERS operates under Shipping classification in Norway and is traded on Oslo Stock Exchange. It employs 6 people. Saga Pure ASA (SAGA) is traded on Oslo Stock Exchange in Norway and employs 5 people.

Management Performance

Saga Pure ASA Leadership Team

Elected by the shareholders, the Saga Pure's board of directors comprises two types of representatives: Saga Pure inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Saga. The board's role is to monitor Saga Pure's management team and ensure that shareholders' interests are well served. Saga Pure'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, Saga Pure's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tore Berg, Chief Officer
Oyvind Teigen, Chief Officer
Bjorn Simonsen, Chief Officer
Knut Sandven, Chief Officer
Espen Lundaas, Chief Officer

Saga 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 Saga Pure 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.

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Other Information on Investing in Saga Stock

Saga Pure financial ratios help investors to determine whether Saga 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 Saga with respect to the benefits of owning Saga Pure security.