Lasse Kvinlaug - Sparebanken Sor Deputy CEO and Head of Corporate Market

SOR Stock  NOK 188.20  0.74  0.39%   

CEO

Lasse Kvinlaug is Deputy CEO and Head of Corporate Market of Sparebanken Sor
Age 62
Phone47 38 10 92 00
Webhttps://www.sor.no

Sparebanken Sor Management Efficiency

Sparebanken Sor's management efficiency ratios could be used to measure how well Sparebanken Sor manages its routine affairs as well as how well it operates its assets and liabilities.
Sparebanken Sor has accumulated 61.76 B in total debt. Debt can assist Sparebanken Sor until it has trouble settling it off, either with new capital or with free cash flow. So, Sparebanken Sor'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 Sparebanken Sor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sparebanken to invest in growth at high rates of return. When we think about Sparebanken Sor's use of debt, we should always consider it together with cash and equity.

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Sparebanken Sr operates as an independent savings bank in Norway. Sparebanken Sr is a subsidiary of Sparebankstiftelsen Sparebanken Sr. SPAREBANKEN SOR operates under Banks - Regional - Europe classification in Norway and is traded on Oslo Stock Exchange. It employs 436 people. Sparebanken Sor (SOR) is traded on Oslo Stock Exchange in Norway and employs 482 people.

Management Performance

Sparebanken Sor Leadership Team

Elected by the shareholders, the Sparebanken Sor's board of directors comprises two types of representatives: Sparebanken Sor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sparebanken. The board's role is to monitor Sparebanken Sor's management team and ensure that shareholders' interests are well served. Sparebanken Sor'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, Sparebanken Sor's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marianne Lofthus, Director Market
Lasse Kvinlaug, Deputy CEO and Head of Corporate Market
Gry Moen, Bus. Devel. Director
Geir Bergskaug, Chief Officer
Steinar Vigsnes, Chief Officer
Rolf Soraker, Director Support
Bjrn Friestad, Director Management
Gunnar Thomassen, Director Banking
Steinar Breen, Director Compliance
Eva Kvelland, Director Communications

Sparebanken 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 Sparebanken Sor 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 Sparebanken Stock

Sparebanken Sor financial ratios help investors to determine whether Sparebanken 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 Sparebanken with respect to the benefits of owning Sparebanken Sor security.