Erling Hoftun - TECO 2030 Chief AS

TECFF Stock  USD 0.03  0.00  0.00%   

Insider

Erling Hoftun is Chief AS of TECO 2030 ASA
Phone47 67 20 03 00
Webhttps://teco2030.no

TECO 2030 Management Efficiency

The company has return on total asset (ROA) of (0.1865) % which means that it has lost $0.1865 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.4083) %, meaning that it generated substantial loss on money invested by shareholders. TECO 2030's management efficiency ratios could be used to measure how well TECO 2030 manages its routine affairs as well as how well it operates its assets and liabilities.
TECO 2030 ASA has accumulated 191.31 M in total debt with debt to equity ratio (D/E) of 2.41, implying the company greatly relies on financing operations through barrowing. TECO 2030 ASA has a current ratio of 1.5, which is within standard range for the sector. Debt can assist TECO 2030 until it has trouble settling it off, either with new capital or with free cash flow. So, TECO 2030'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 TECO 2030 ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TECO to invest in growth at high rates of return. When we think about TECO 2030's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Charise LeSchneider Electric SE
50
Min LuXinjiang Goldwind Science
48
Joszef SpilkoSchneider Electric SA
N/A
Dara MitchellKadant Inc
55
Jeffery TaylorFranklin Electric Co
58
Mats RahmstrmAtlas Copco AB
58
Mark RobertsThermon Group Holdings
63
Samuel NeffSMC Corp Japan
41
Abigail RocheIDEX Corporation
N/A
Kevin WheelerGraco Inc
61
Felix ZanderNordex SE
N/A
Danny CunninghamEnerpac Tool Group
65
Eva KlasenAtlas Copco AB
48
Peter KinnartAtlas Copco AB
54
Michael GaidenLuxfer Holdings PLC
N/A
J GilliganGraco Inc
66
Robert PetrieJohn Bean Technologies
54
Guo ZimoXinjiang Goldwind Science
N/A
J ClarksonEnerpac Tool Group
63
Amit BhallaSchneider Electric SE
N/A
Richard HolderEnerpac Tool Group
57
TECO 2030 ASA, together with its subsidiaries, operates as an engineering and equipment development company for the maritime industry in the United States, Malaysia, and internationally. The company was incorporated in 2019 and is headquartered in Lysaker, Norway. Teco 2030 is traded on OTC Exchange in the United States. TECO 2030 ASA [TECFF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

TECO 2030 ASA Leadership Team

Elected by the shareholders, the TECO 2030's board of directors comprises two types of representatives: TECO 2030 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TECO. The board's role is to monitor TECO 2030's management team and ensure that shareholders' interests are well served. TECO 2030'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, TECO 2030's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tore Enger, Group Officer
TorErik Hoftun, VP Operations
Erling Hoftun, Chief AS
Bettina Nowak, Chief Inc
Shyam Thapa, Chief Officer
Pal Johnsen, Chief Officer
Arild Eiken, Chief Officer

TECO 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 TECO 2030 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.

Currently Active Assets on Macroaxis

Other Information on Investing in TECO Pink Sheet

TECO 2030 financial ratios help investors to determine whether TECO Pink Sheet 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 TECO with respect to the benefits of owning TECO 2030 security.