Calin Cristea - Wirtek AS Financial Manager

WIRTEK Stock  DKK 8.20  0.10  1.23%   

Executive

Mr. Calin Cristea serves as Financial Manager at WIRTEK AS. Calin Cristea has experience in accounting, tax and payroll. It has certifications as a chartered accountant, tax consultant, inspector human resources and financial auditor. He has knowledge about the economic, tax and accounting firms and nonprofit associations, especially from the IT section. Its role is to organize and lead the finance, accounting and payroll, as well as to inform management team and employees on important legislative changes. He provides financial and tax information and helps in decision making.
Phone45 72 14 66 60
Webhttps://www.wirtek.com

Wirtek AS Management Efficiency

The company has return on total asset (ROA) of 0.1768 % which means that it generated a profit of $0.1768 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.5084 %, meaning that it generated $0.5084 on every $100 dollars invested by stockholders. Wirtek AS's management efficiency ratios could be used to measure how well Wirtek AS manages its routine affairs as well as how well it operates its assets and liabilities.
Wirtek AS has accumulated 1.33 M in total debt with debt to equity ratio (D/E) of 0.2, which may suggest the company is not taking enough advantage from borrowing. Wirtek AS has a current ratio of 0.92, 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 Wirtek AS until it has trouble settling it off, either with new capital or with free cash flow. So, Wirtek AS'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 Wirtek AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wirtek to invest in growth at high rates of return. When we think about Wirtek AS's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

EXECUTIVE Age

Robert LentzcBrain AS
N/A
Wirtek AS, an IT outsourcing company, provides software solutions and electronic equipment products in Denmark. The company was incorporated in 2001 and is headquartered in Aalborg, Denmark. WirTek AS operates under Information Technology Services classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 180 people. Wirtek AS (WIRTEK) is traded on Copenhagen Exchange in Denmark and employs 185 people.

Management Performance

Wirtek AS Leadership Team

Elected by the shareholders, the Wirtek AS's board of directors comprises two types of representatives: Wirtek AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wirtek. The board's role is to monitor Wirtek AS's management team and ensure that shareholders' interests are well served. Wirtek AS'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, Wirtek AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Tiganas, Information Technology Manager
Sorin Luca, Operations Manager
Calin Cristea, Financial Manager
Reka BorbelyBandy, Director Marketing
Stig Birch, Ex Mang
Michael Aaen, Founder, Managing Director and Director
Kent Soerensen, Chairman of the Board
Michael King, General Manager
Adina Balea, Line Manager
Ema Marcu, Director Admin
Aurora Pestesan, Chief Officer
Jens Uggerhoej, Director

Wirtek 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 Wirtek AS 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.

Pair Trading with Wirtek AS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wirtek AS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wirtek AS will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wirtek Stock

  0.73CARL-A Carlsberg ASPairCorr
  0.71CARL-B Carlsberg ASPairCorr

Moving against Wirtek Stock

  0.79SYDB Sydbank ASPairCorr
  0.78MAERSK-A AP MllerPairCorr
  0.77MAERSK-B AP MllerPairCorr
The ability to find closely correlated positions to Wirtek AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wirtek AS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wirtek AS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wirtek AS to buy it.
The correlation of Wirtek AS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wirtek AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wirtek AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wirtek AS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Wirtek Stock

Wirtek AS financial ratios help investors to determine whether Wirtek 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 Wirtek with respect to the benefits of owning Wirtek AS security.