Frode Arntsen - SalMar ASA Director

SALRF Stock  USD 51.06  1.06  2.12%   

Director

Mr. Frode Arntsen has served as Director of Processing and Sales, Member of the Group Management Team at SalMar ASA, since December 1, 2017. He has a background from the Norwegian Military, and is educated as a lecturer within management. He has worked in the seafood industry since 2010, and has previously held seniordirector positions at Lery Midnor, HitraMat and Lery Midt. since 2017.
Age 53
Tenure 7 years
Phone47 72 44 79 00
Webhttps://www.salmar.no

SalMar ASA Management Efficiency

The company has return on total asset (ROA) of 0.1141 % which means that it generated a profit of $0.1141 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2669 %, meaning that it generated $0.2669 on every $100 dollars invested by stockholders. SalMar ASA's management efficiency ratios could be used to measure how well SalMar ASA manages its routine affairs as well as how well it operates its assets and liabilities.
SalMar ASA has accumulated 4.91 B in total debt with debt to equity ratio (D/E) of 0.49, which is about average as compared to similar companies. SalMar ASA has a current ratio of 2.13, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist SalMar ASA until it has trouble settling it off, either with new capital or with free cash flow. So, SalMar 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 SalMar ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SalMar to invest in growth at high rates of return. When we think about SalMar ASA's use of debt, we should always consider it together with cash and equity.

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SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway. Salmar ASA operates under Farm Products classification in the United States and is traded on OTC Exchange. It employs 1851 people. SalMar ASA [SALRF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

SalMar ASA Leadership Team

Elected by the shareholders, the SalMar ASA's board of directors comprises two types of representatives: SalMar ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SalMar. The board's role is to monitor SalMar ASA's management team and ensure that shareholders' interests are well served. SalMar 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, SalMar ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gustav Witzoe, Director of Strategic Projects, Member of the Group's Management Team
Tonette Bjrgrd, Head Accounting
Simon Sobstad, COO Director
Hakon Husby, Head Relations
Frode Arntsen, Director of Processing and Sales, Member of the Group's Management Team
Roger Bekken, COO - Farming, Member of the Group's Management Team
Arthur Wisniewski, Director Management
Ulrik Steinvik, Director Business Support, Member of the Group's Management Team
Gunnar Nielsen, Ex Officer

SalMar 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 SalMar ASA 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.

Currently Active Assets on Macroaxis

Other Information on Investing in SalMar Pink Sheet

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