Torvald Reiestad - Scana ASA Chief Officer

SCANA Stock  NOK 2.89  0.03  1.05%   

Insider

Torvald Reiestad is Chief Officer of Scana ASA
Age 43
Phone47 51 86 94 00
Webhttps://www.scana.no

Scana ASA Management Efficiency

The company has return on total asset (ROA) of (0.013) % which means that it has lost $0.013 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0835) %, meaning that it generated substantial loss on money invested by shareholders. Scana ASA's management efficiency ratios could be used to measure how well Scana ASA manages its routine affairs as well as how well it operates its assets and liabilities.
Scana ASA has accumulated 4.4 M in total debt with debt to equity ratio (D/E) of 0.57, which is about average as compared to similar companies. Scana ASA has a current ratio of 0.95, 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 Scana ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Scana 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 Scana ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scana to invest in growth at high rates of return. When we think about Scana ASA's use of debt, we should always consider it together with cash and equity.

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Scana ASA, an industrial investment company, provides equipment and services to the marine industry. Scana ASA was founded in 1646 and is headquartered in Bergen, Norway. SCANA ASA operates under Industrial Distribution classification in Norway and is traded on Oslo Stock Exchange. It employs 94 people. Scana ASA (SCANA) is traded on Oslo Stock Exchange in Norway and employs 84 people.

Management Performance

Scana ASA Leadership Team

Elected by the shareholders, the Scana ASA's board of directors comprises two types of representatives: Scana ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Scana. The board's role is to monitor Scana ASA's management team and ensure that shareholders' interests are well served. Scana 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, Scana ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Torvald Reiestad, Chief Officer
Egil Kjeldsen, Head Skarpenord
Hans Kilen, Managing AS
Kjell Ravns, Controller
Tor Skjveland, Sales Director
Trond Bo, Chief Skarpenord
Styrk Bekkenes, Chief Officer
Oddbjorn Haukoy, Chief Officer
Peter Jansson, Chief Subsea
Torkjell Lisland, Chief Seasystems

Scana Stock Performance Indicators

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Other Information on Investing in Scana Stock

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