Atle Morken - Melhus Sparebank Chief Officer

MELG Stock  NOK 152.50  3.50  2.24%   

Executive

Atle Morken is Chief Officer of Melhus Sparebank
Phone47 72 87 80 00
Webhttps://www.melhusbanken.no

Melhus Sparebank Management Efficiency

The company has return on total asset (ROA) of 0.0102 % which means that it generated a profit of $0.0102 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0875 %, meaning that it generated $0.0875 on every $100 dollars invested by stockholders. Melhus Sparebank's management efficiency ratios could be used to measure how well Melhus Sparebank manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 2.56 B in total debt. Debt can assist Melhus Sparebank until it has trouble settling it off, either with new capital or with free cash flow. So, Melhus Sparebank'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 Melhus Sparebank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Melhus to invest in growth at high rates of return. When we think about Melhus Sparebank's use of debt, we should always consider it together with cash and equity.

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Melhus Sparebank, a savings bank, provides various banking products and services to businesses and agriculture customers, and private individuals in Norway. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway. MELHUS SPAREBANK is traded on Oslo Stock Exchange in Norway. Melhus Sparebank (MELG) is traded on Oslo Stock Exchange in Norway and employs 68 people.

Management Performance

Melhus Sparebank Leadership Team

Elected by the shareholders, the Melhus Sparebank's board of directors comprises two types of representatives: Melhus Sparebank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Melhus. The board's role is to monitor Melhus Sparebank's management team and ensure that shareholders' interests are well served. Melhus Sparebank'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, Melhus Sparebank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jo Temre, Director
Roar Overbo, Director
Ragnvald Lenes, Credit Manager
Marianne Bringedal, Director
MayLiss Langorgen, Bus Assembly
Johan Gangstad, Head of Saving and Investment
Ragnar Torland, Bank Manager
Anne Hakvag, Director of Sales
Terje Tysko, Credit Fin
Ingunn Tunes, Chief Administrative Officer
Mona Berg, Director, Employee Representative
Stale Vandvik, Advisor Director
Kjellaug Angvik, Head of Service Department
Bjarne Berg, Chairman of the Board
Atle Morken, Chief Officer
Turid Riset, Head Mang
Morten Bergum, Chief Insurance
Esten Bollingmo, Director, Employee Representative
Silje Heggvik, Marketing Assembly
Bernt Gagnas, Vice Chairman of the Board
Jarle Gustad, Deputy Bank Manager
Inger Tangvik, Director

Melhus 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 Melhus Sparebank 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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Please note, there is a significant difference between Melhus Sparebank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Melhus Sparebank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melhus Sparebank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.