Magnus Kreuger - XXL ASA Managing Austria

XXL Stock  NOK 9.32  0.88  8.63%   

Insider

Magnus Kreuger is Managing Austria of XXL ASA
Phone47 24 08 40 00
Webhttps://www.xxlasa.com

XXL ASA Management Efficiency

The company has return on total asset (ROA) of (0.0322) % which means that it has lost $0.0322 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1208) %, meaning that it generated substantial loss on money invested by shareholders. XXL ASA's management efficiency ratios could be used to measure how well XXL ASA manages its routine affairs as well as how well it operates its assets and liabilities.
XXL ASA has accumulated 1.93 B in total debt with debt to equity ratio (D/E) of 139.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. XXL ASA has a current ratio of 1.13, suggesting that it may not have the ability to pay its financial obligations in time and when they become due. Debt can assist XXL ASA until it has trouble settling it off, either with new capital or with free cash flow. So, XXL 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 XXL ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for XXL to invest in growth at high rates of return. When we think about XXL ASA's use of debt, we should always consider it together with cash and equity.

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The company offers sports, health, and fitness products, such as sports equipment and sportswear for various sports, including football, golf, water sports, racket sports, and ice hockey and fitness equipment, including treadmills and rowing machines, as well as food supplements and nutrition. XXL ASA was founded in 2000 and is headquartered in Oslo, Norway. XXL ASA operates under Specialty Retail classification in Norway and is traded on Oslo Stock Exchange. It employs 5290 people. XXL ASA (XXL) is traded on Oslo Stock Exchange in Norway and employs 11 people.

Management Performance

XXL ASA Leadership Team

Elected by the shareholders, the XXL ASA's board of directors comprises two types of representatives: XXL ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of XXL. The board's role is to monitor XXL ASA's management team and ensure that shareholders' interests are well served. XXL 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, XXL ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tolle Groterud, Communications HR
Espen Terland, CIO and IT Director
Stein Eriksen, Chief Officer
Pasi Lmps, Managing Finland
Harald Borgen, Ex Chain
Magnus Kreuger, Managing Austria
Anders Lindblom, Managing Branch
Pal Wibe, Chief Officer
Karete Kvisle, Head Accounting
Stine TryggHauger, Managing Norway
Andr Sjst, EVP Devel

XXL 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 XXL 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 XXL Stock

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