Kristian Johansen - TGS ASA Chief Officer

TGSNF Stock  USD 9.60  0.60  6.67%   

Executive

Mr. Kristian Kuvaas Johansen was appointed Chief Executive Officer of TGS Nopec Geophysical Company ASA, effective as of March 11, 2016. Before that, he was Chief Operating Officer of the Company since February 1, 2015. He served as Interim Chief Financial Officer of the Company from February 1, 2015 until September 2015. He has served as Chief Financial Officer of the Company from 2010. Before that, he acted as Executive Vice President and CFO of EDB Business Partner in Oslo . He has experience in the construction, banking, and oil industries since 2016.
Age 52
Tenure 8 years
Phone47 22 55 04 00
Webhttps://www.tgs.com
Johansen holds undergraduate and Master’s degrees in Business Administration from the University of New Mexico, United States.

TGS ASA Management Efficiency

The company has return on total asset (ROA) of 0.1249 % which means that it generated a profit of $0.1249 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0735 %, meaning that it generated $0.0735 on every $100 dollars invested by stockholders. TGS ASA's management efficiency ratios could be used to measure how well TGS ASA manages its routine affairs as well as how well it operates its assets and liabilities.
TGS ASA has accumulated 37.19 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. TGS ASA has a current ratio of 1.41, which is within standard range for the sector. Debt can assist TGS ASA until it has trouble settling it off, either with new capital or with free cash flow. So, TGS 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 TGS ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TGS to invest in growth at high rates of return. When we think about TGS ASA's use of debt, we should always consider it together with cash and equity.

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TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway. Tgs ASA operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 471 people. TGS ASA [TGSNF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

TGS ASA Leadership Team

Elected by the shareholders, the TGS ASA's board of directors comprises two types of representatives: TGS ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TGS. The board's role is to monitor TGS ASA's management team and ensure that shareholders' interests are well served. TGS 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, TGS ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Young, Managing Pacific
Scott Michell, VP Imaging
Will Ashby, Ex Hemisphere
Sven Larsen, Chief Officer
Jaclyn Townsend, Director Marketing
David Hajovsky, Ex Hemisphere
Whitney JD, Ex Sustainability
Jan Schoolmeesters, Ex Solutions
Tana Pool, VP, General Counsel and Corporate Secretary
Kristian Johansen, Chief Officer

TGS Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is TGS 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.

Currently Active Assets on Macroaxis

Other Information on Investing in TGS OTC Stock

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