Carsten Thomsen - SKAKO AS Member Director

SKAKO Stock  DKK 76.80  0.20  0.26%   

Director

Carsten Thomsen is Member Director of SKAKO AS since 2017.
Age 66
Tenure 7 years
Phone45 63 11 38 60
Webhttps://www.skako.com

SKAKO AS Management Efficiency

The company has return on total asset (ROA) of 0.0558 % which means that it generated a profit of $0.0558 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1437 %, meaning that it generated $0.1437 on every $100 dollars invested by stockholders. SKAKO AS's management efficiency ratios could be used to measure how well SKAKO AS manages its routine affairs as well as how well it operates its assets and liabilities.
SKAKO AS has accumulated 11.79 M in total debt with debt to equity ratio (D/E) of 22.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SKAKO AS has a current ratio of 1.49, which is within standard range for the sector. Debt can assist SKAKO AS until it has trouble settling it off, either with new capital or with free cash flow. So, SKAKO 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 SKAKO AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SKAKO to invest in growth at high rates of return. When we think about SKAKO AS's use of debt, we should always consider it together with cash and equity.

Similar Executives

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DIRECTOR Age

Ulrik HolstedSandgreenNorth Media AS
45
SKAKO AS designs, develops, and sells concrete batching plants and vibratory equipment in North America, Europe, Africa, and internationally. In addition, SKAKO AS provides after sales, spare parts, installation, and commissioning services, as well as after sales support, including service contracts and production setup. SKAKO AS operates under Industrial Equipment And Light Machinery classification in Denmark and is traded on Copenhagen Stock Exchange. SKAKO AS (SKAKO) is traded on Copenhagen Exchange in Denmark and employs 199 people.

Management Performance

SKAKO AS Leadership Team

Elected by the shareholders, the SKAKO AS's board of directors comprises two types of representatives: SKAKO AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SKAKO. The board's role is to monitor SKAKO AS's management team and ensure that shareholders' interests are well served. SKAKO 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, SKAKO AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lionel Girieud, CEO of SKAKO Vibration A/S
Thomas Pedersen, Chief Officer
Steffen Kremmer, Member Board
Carsten Thomsen, Member Director

SKAKO 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 SKAKO 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.

Pair Trading with SKAKO AS

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 SKAKO AS 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 SKAKO AS will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to SKAKO AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SKAKO AS 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 SKAKO AS - 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 SKAKO AS to buy it.
The correlation of SKAKO AS 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 SKAKO AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SKAKO AS 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 SKAKO AS 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 SKAKO Stock

SKAKO AS financial ratios help investors to determine whether SKAKO 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 SKAKO with respect to the benefits of owning SKAKO AS security.