Allan Nielsen - Nordfyns Bank Chairman of the Board

NRDF Stock  DKK 344.00  6.00  1.78%   

Chairman

Mr. Allan Nielsen has served as Chairman of the Board of Directors at Nordfyns Bank AS since 2008, and he was Member of the Company Board of Directors since 1999. He was Vice Chairman of the Company Board of Directors from 2007 to 2008. He is also Member of the Management and Member of the Board of Directors at Bilcentret A. Nielsen AS and ANBC Holding ApS, as well as Member of the Board of Directors at Nordfyns Finans AS. He is also Member of the Companys Audit, Nomination and Remuneration and Risk Committees. since 2008.
Age 60
Tenure 16 years
Phone45 59 48 93 00
Webhttps://www.nordfynsbank.dk

Nordfyns Bank Management Efficiency

Nordfyns Bank's management efficiency ratios could be used to measure how well Nordfyns Bank manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 100.32 M in total debt. Debt can assist Nordfyns Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Nordfyns Bank'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 Nordfyns Bank AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nordfyns to invest in growth at high rates of return. When we think about Nordfyns Bank's use of debt, we should always consider it together with cash and equity.

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Nordfyns Bank AS provides banking and related financial products for private and professional customers. Nordfyns Bank AS was founded in 1897 and is based in Bogense, Denmark. Nordfyns Bank operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. Nordfyns Bank AS (NRDF) is traded on Copenhagen Exchange in Denmark and employs 115 people.

Management Performance

Nordfyns Bank AS Leadership Team

Elected by the shareholders, the Nordfyns Bank's board of directors comprises two types of representatives: Nordfyns Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordfyns. The board's role is to monitor Nordfyns Bank's management team and ensure that shareholders' interests are well served. Nordfyns Bank'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, Nordfyns Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Allan Nielsen, Chairman of the Board
Per Maegaard, Vice Chairman of the Board
Anette LangkildeLauesen, CFO Mang
Lene Mikkelsen, Head Mang
Steffen Nicolaisen, Head of Investment, Director, Member of Audit Committee, Member of Nominations and Remuneration Committee and Member of Risk Committee
Henning Juul, Head Management
Benny Mller, F Mang
Hans Buhl, Head Branch
Jens Steenfeldt, Director
Hans Hellesoe, Director, Employee Representative
Per Poulsen, Technical Director
Flemming Tholsgaard, Head of Staff, Director, Member of Audit Committee, Member of Nominations and Remuneration Committee and Member of Risk Committee
Maria Hoeg, Legal Officer
Holger Bruun, MD CEO
Henning Jensen, Director
Ejnar Larsen, Director
Lars Rasmussen, Director

Nordfyns Stock Performance Indicators

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