Heidi Skaaret - Storebrand ASA Ex Retail

STB Stock  NOK 123.80  0.50  0.41%   

Executive

Ms. Heidi Skaaret was Executive Vice President, People Technology at Storebrand ASA since September 17, 2012. Previously, she was Member of the Company Board of Directors from June 1, 2010 to September 17, 2012. She was also Member of the Company Audit Committee. She was Executive Vice President Region Scandinavia at Lindorff Group AB and CEO of Lindorff AS, CEO of IKANO Finans ASA . She also held executive positions at Den norske Bank ASA and worked for Bank of America in the United States as Financial Services Officer . She was also sales secretary at NordVideo from 1981 till 1983. She holds MS in Economics and Business Administration from the Unviersity of Washington from 1986 and she has completed specialized courses at the College of Marketing in Oslo. since 2012.
Age 62
Tenure 12 years
Phone47 91 50 88 80
Webhttps://www.storebrand.no

Storebrand ASA Management Efficiency

Storebrand ASA's management efficiency ratios could be used to measure how well Storebrand ASA manages its routine affairs as well as how well it operates its assets and liabilities.
Storebrand ASA has accumulated 43.78 B in total debt with debt to equity ratio (D/E) of 86.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Storebrand ASA has a current ratio of 0.6, 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 Storebrand ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Storebrand 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 Storebrand ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Storebrand to invest in growth at high rates of return. When we think about Storebrand ASA's use of debt, we should always consider it together with cash and equity.

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EXECUTIVE Age

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Storebrand ASA, through its subsidiaries, primarily provides insurance products and services for private individuals, companies, municipalities, and public sector in Norway and Sweden. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway. STOREBRAND ASA operates under Insurance - General classification in Norway and is traded on Oslo Stock Exchange. It employs 1789 people. Storebrand ASA (STB) is traded on Oslo Stock Exchange in Norway and employs 2,161 people.

Management Performance

Storebrand ASA Leadership Team

Elected by the shareholders, the Storebrand ASA's board of directors comprises two types of representatives: Storebrand ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Storebrand. The board's role is to monitor Storebrand ASA's management team and ensure that shareholders' interests are well served. Storebrand 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, Storebrand ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lars Loddesol, Interim CFO
Trygve Hakedal, Ex Digital
Jenny Rundbladh, Ex Sweden
Daniel Sundahl, Head Rating
Jan Saugestad, Acting Managing Director of Storebrand Asset Management AS, Acting Head of Asset Management
Tove Selnes, Ex People
Faisal Khan, VP MA
Karin Flaa, Sustainability Communications
Odd Grefstad, Group Officer
Heidi Skaaret, Ex Retail

Storebrand 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 Storebrand 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.

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Other Information on Investing in Storebrand Stock

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