Odd Vrdal - Var Energi Dev Mang

VAR Stock   36.26  0.12  0.33%   

Insider

Odd Vrdal is Dev Mang of Var Energi ASA
Phone47 51 60 60 60
Webhttps://www.varenergi.no

Var Energi Management Efficiency

The company has return on total asset (ROA) of 0.224 % which means that it generated a profit of $0.224 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4767 %, meaning that it generated $0.4767 on every $100 dollars invested by stockholders. Var Energi's management efficiency ratios could be used to measure how well Var Energi manages its routine affairs as well as how well it operates its assets and liabilities.
Var Energi ASA has accumulated 4.71 B in total debt. Debt can assist Var Energi until it has trouble settling it off, either with new capital or with free cash flow. So, Var Energi'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 Var Energi ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Var to invest in growth at high rates of return. When we think about Var Energi's use of debt, we should always consider it together with cash and equity.

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Var Energi ASA (VAR) is traded on Oslo Stock Exchange in Norway and employs 900 people.

Management Performance

Var Energi ASA Leadership Team

Elected by the shareholders, the Var Energi's board of directors comprises two types of representatives: Var Energi inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Var. The board's role is to monitor Var Energi's management team and ensure that shareholders' interests are well served. Var Energi'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, Var Energi's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andreas Wulff, Communication Mang
Ida Fjellheim, Head IR
Alessandro Barberis, VP Exploration
Torger Rod, Chief Officer
Ove Helle, VP Sustainability
Stefano Pujatti, Chief Officer
Odd Vrdal, Dev Mang
Atle Reinseth, Ex Director

Var 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 Var Energi 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 Var Stock

Var Energi financial ratios help investors to determine whether Var 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 Var with respect to the benefits of owning Var Energi security.