Knut Saeberg - North Energy CFO

NORTH Stock  NOK 2.31  0.02  0.86%   

CFO

Mr. Knut Saeberg was Chief Executive Officer of North Energy ASA since 2016 and Chief Financial Officer since March 2009. He was Acting Chief Executive Officer of the Company from April 30, 2015 till 2016. He joined the Company from Optimera group where he was Chief Financial Officer since 2002 with main focus on restructuring and acquisition. Prior to this, he had been Chief Financial Officer in NMD ASA and was important in the company reorganization in the wake of the deregulation of the pharmaceutical market. From 1984 until 1995, he had different positions in Shell, working inter alia with the establishment of the business organization in the Troll project. He holds a MS degree in Economics and Business Administration from Kristiansand from 1984. since 2016.
Tenure 8 years
Phone47 22 01 79 50
Webhttps://www.northenergy.no

North Energy Management Efficiency

The company has return on total asset (ROA) of (0.0351) % which means that it has lost $0.0351 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.038) %, meaning that it generated substantial loss on money invested by shareholders. North Energy's management efficiency ratios could be used to measure how well North Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 2.54 M in total debt with debt to equity ratio (D/E) of 1.4, which is about average as compared to similar companies. North Energy ASA has a current ratio of 48.95, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist North Energy until it has trouble settling it off, either with new capital or with free cash flow. So, North Energy'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 North Energy ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for North to invest in growth at high rates of return. When we think about North Energy's use of debt, we should always consider it together with cash and equity.
Previously, it was engaged in the exploration, development, and production of oil and gas in the Norwegian continental shelf. The company was founded in 2007 and is headquartered in Oslo, Norway. NORTH ENERGY operates under Oil And Gas Drilling And Exploration classification in Norway and is traded on Oslo Stock Exchange. It employs 3 people. North Energy ASA (NORTH) is traded on Oslo Stock Exchange in Norway and employs 2 people.

Management Performance

North Energy ASA Leadership Team

Elected by the shareholders, the North Energy's board of directors comprises two types of representatives: North Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of North. The board's role is to monitor North Energy's management team and ensure that shareholders' interests are well served. North Energy'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, North Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Knut Saeberg, CFO
Elin Karfjell, Director
Jogeir Romestrand, Director
Kristin Ingebrigtsen, VP of Organisation and Communication
Rachid Bendriss, CoChief Officer
Kristen Berli, Sr. VP of Bus. Devel.
Didrik Leikvang, CoChief Officer
Astrid Tugwell, VP of Operations and HSEQ
Lars Tveter, Health, Security, Environment and Quality Manager
Johan Bjerka, Director, Employee Representative
Anders Onarheim, Director
Siw Sandvik, Communication Manager
Stefan Paulsen, Director, Employee Representative
Rune Damm, Finance Manager and Investor Relations
Marion Hogmo, Director for Administration

North 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 North Energy 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards North Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, North Energy's short interest history, or implied volatility extrapolated from North Energy options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Energy ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the North Energy ASA information on this page should be used as a complementary analysis to other North Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running North Energy's price analysis, check to measure North Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy North Energy is operating at the current time. Most of North Energy's value examination focuses on studying past and present price action to predict the probability of North Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North Energy's price. Additionally, you may evaluate how the addition of North Energy to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between North Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if North Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North Energy'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.