|Aker ASA -- USA Stock|| |
USD 40.4 0.00 0.00%
Mr. Frank Ove Reite has served as Chief Financial Officer of Aker ASA since August 10, 2015. He first joined Aker in 1995. He holds a B.A. in business administration from Handelshoyskolen BI in Oslo. Mr. Reite came from the position of President CEO of Akastor, and has previously held a variety of executive positions in the Aker group, including overseeing and developing Aker investments in Converto Capital Fund AS, Havfisk ASA, Norway Seafoods AS and Aker Yards ASA. Mr. Reite also has experience from banking and served as Operating Director at Paine Partners, a New Yorkbased private equity firm. Mr. Reite is chairman of Ocean Yield and of Akastor ASA.
Age: 46 CFO Since 2015
47 24 13 00 00 http://www.akerasa.com
The company has return on total asset (ROA)
of 1.92 %
which means that it generated profit of $1.92 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE)
of (2.35) %
meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 3.48 B in total debt with debt to equity ratio (D/E) of 72.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Aker ASA has Current Ratio of 1.18 suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due.
Aker ASA, an industrial investment company, operates in the oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors in Norway, the European Union, the Americas, Asia, and internationally. Aker ASA (AKAAF) is traded on OTC Market in USA. It is located in Lysaker, and employs 26,026 people.