Michael Rosenvold - SimCorp AS CFO, Member of the Executive Management Board

SICRFDelisted Stock  USD 105.00  0.00  0.00%   

CFO

Mr. Michael Rosenvold was appointed Chief Financial Officer, Member of the Executive Management Board, Member of the Group Management Committee of Simcorp AS, effective as of October 1, 2017. He joined SimCorporationfrom engineering, design and consulting company Ramboell, where he has served as the group CFO since 2008. Prior to that, he held CFO and Investor Relations positions at the global facility services company, ISS. In the early part of his career, Michael served as accountant at Arthur Andersen in Copenhagen and Chicago for more than five years. He is Member of the Board of DHI AS, Tytex AS and Tabellae AS, as well as Chairman of the Audit Committee of DHI AS. since 2017.
Age 55
Tenure 7 years
Phone45 35 44 88 00
Webhttps://www.simcorp.com

SimCorp AS Management Efficiency

The company has return on total asset (ROA) of 0.1469 % which means that it generated a profit of $0.1469 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2841 %, meaning that it generated $0.2841 on every $100 dollars invested by stockholders. SimCorp AS's management efficiency ratios could be used to measure how well SimCorp AS manages its routine affairs as well as how well it operates its assets and liabilities.
SimCorp AS has accumulated 55.4 M in total debt with debt to equity ratio (D/E) of 0.19, which may suggest the company is not taking enough advantage from borrowing. SimCorp AS has a current ratio of 2.42, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist SimCorp AS until it has trouble settling it off, either with new capital or with free cash flow. So, SimCorp 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 SimCorp AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SimCorp to invest in growth at high rates of return. When we think about SimCorp AS's use of debt, we should always consider it together with cash and equity.

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SimCorp AS, together with its subsidiaries, provides investment management solutions for asset management, fund management, insurance, lifepension, central banks, asset servicing, treasury, sovereign wealth, and wealth management companies. SimCorp AS was founded in 1971 and is headquartered in Copenhagen, Denmark. Simcorp AS operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 2105 people. SimCorp AS [SICRF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

SimCorp AS Leadership Team

Elected by the shareholders, the SimCorp AS's board of directors comprises two types of representatives: SimCorp AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SimCorp. The board's role is to monitor SimCorp AS's management team and ensure that shareholders' interests are well served. SimCorp 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, SimCorp AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
Georg Hetrodt, CTO, Executive Vice President Member of the Executive Management Board
Ralf Schmuecker, Managing Europe
Hans Engkilde, Senior Vice President SimCorp Western Europe
Michael Bjergby, Chief Officer
Marc Schroter, CPO Management
Marlene Voss, VP Officer
Michael Rosenvold, CFO, Member of the Executive Management Board
Lau Jeppesen, Head VP
Jochen Mller, Ex Services
Peter Bonfiglio, Chief America
Christian Kromann, COO, Member of the Executive Management Board

SimCorp 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 SimCorp 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.

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Other Consideration for investing in SimCorp Pink Sheet

If you are still planning to invest in SimCorp AS check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SimCorp AS's history and understand the potential risks before investing.
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