Michael Larsen - Nobia AB Executive Vice President Supply Chain Operations

NOBI Stock  SEK 5.38  0.12  2.28%   

President

Mr. Michael Larsen serves as Executive Vice President Supply Chain Operations at Nobia AB. He was employed at the Company since 2008. He was previously Head of Supply Chain at HTH Koekkener AS Gumlink AS Dandy AS Arriva Scandinavia AS and Bodilsen AS.
Age 43
Phone46 84 40 16 00
Webhttps://www.nobia.com

Nobia AB Management Efficiency

Nobia AB's management efficiency ratios could be used to measure how well Nobia AB manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.84 B in total debt with debt to equity ratio (D/E) of 104.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nobia AB has a current ratio of 1.14, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Nobia AB until it has trouble settling it off, either with new capital or with free cash flow. So, Nobia AB'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 Nobia AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nobia to invest in growth at high rates of return. When we think about Nobia AB's use of debt, we should always consider it together with cash and equity.

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Nobia AB develops, manufactures, and sells kitchen solutions to consumer and professional customers. Nobia AB was founded in 1996 and is headquartered in Stockholm, Sweden. Nobia AB operates under Home Furnishings Fixtures classification in Sweden and is traded on Stockholm Stock Exchange. It employs 6172 people. Nobia AB (NOBI) is traded on Stockholm Exchange in Sweden and employs 6,123 people.

Management Performance

Nobia AB Leadership Team

Elected by the shareholders, the Nobia AB's board of directors comprises two types of representatives: Nobia AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nobia. The board's role is to monitor Nobia AB's management team and ensure that shareholders' interests are well served. Nobia AB'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, Nobia AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ralph Kobsik, Executive Vice President Head of Central Europe
Lena Schattauer, Head of Communication and Investor Relations
Per Bergstrom, Director, Employee Representative
Annica Hagen, Executive Vice President Brand Portfolio and Innovation
Patrick Heinen, Executive Vice President and Head of Poggenpohl
Marie Stroberg, Director, Employee Representative
Hans Eckerstrom, Chairman of the Board
Marlene Forsell, Director
Sara Bjork, Chief Officer
Ricard Wennerklint, Director
Niek Visarius, Executive Vice President Supply Chain Operations
Tomas Billing, Chairman of the Board
Thore Ohlsson, Independent Director
Nora Larssen, Director
Ola Carlsson, Executive Vice President Chief Product Supply Officer
Rune Stephansen, Executive Vice President and Head of Commercial Sweden
Kim Lindqvist, Executive Vice President Digital and Media Strategy
Michael Larsen, Executive Vice President Supply Chain Operations
Peter Kane, Executive Vice President United Kingdom (UK) Retail
George Adams, Independent Director
Christian Rosler, Executive Vice President Continental European and CEE Professional
Terese Asthede, Director, Employee Representative
Annika Vainio, Executive Vice President Head of Commercial Finland
Amanda Jackson, Head Sustainability
Dan Josefsberg, Executive Vice President Chief Strategy, Marketing and Consumer Experience Officer
Dan Carr, Ex West
Thomas Myringer, Executive Vice President Human Resources (HR) Director
Fredrik Palmstierna, Director
Lars BaySmidt, Executive Vice President Nordic Region and Head of Commercial Denmark
Jon Sintorn, Pres CEO
Christina Stahl, Independent Director
Mikael Norman, CFO
Ole Dalsbo, Executive Vice President and Head of Commercial Norway
Morten Falkenberg, CEO and Presidentident, Director
Ole Dalsboe, Executive Vice President and Head of Commercial Norway
Fredrik Nystrom, Executive Vice President Head of Commercial Sweden
Cecilia Forzelius, Ex Communications
Jill Little, Independent Director
Nick Corlett, Executive Vice President Sourcing and Product Management
Stefan Jacobsson, Independent Director
Tobias Norrby, Head Relations
Lilian Biner, Independent Director
Erkka Lumme, Executive Vice President and Head of Commercial Finland
Kristoffer Ljungfelt, Chief Officer
David Thorne, CIO

Nobia Stock Performance Indicators

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Please note, there is a significant difference between Nobia AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nobia AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nobia AB'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.