Lars Krogsgaard - Nordex SE CEO and Member of Management Board

NRDXF Stock  USD 13.38  0.01  0.07%   

CEO

Mr. Lars Bondo Krogsgaard is Chief Executive Officer and Member of the Management Board at Nordex SE since June 1 2015. In this function he was assigned responsibility for Service Quality Management HSE Corporationrationrate Communications Corporationrationrate Development Strategy Nordex Development General Company Secretary and the Areas. Previously he was Chief Customer Officer and Member of the Management Board at Nordex SE since October 1 2010 till May 31 2015. He worked at the law firm Bech Brunn from 1993 until 1998 and then became Chief Operating Officer at the Young Rubicam Denmark Group. From 2000 Mr. Krogsgaard was employed by Brandts Ventures where he also held the position of Chief Operating Officer. Between 2002 and 2006 he was Vice President for Renewables at DONG Energy and was later responsible for the EMEA Region as Chief Executive Officer at Siemens Wind Power from 2006 until 2010. He studied Law at the University of Exeter and the McGeorge School of Law and holds a Masters degree in Business Administration from Copenhagen Business School. since 2015.
Age 49
Tenure 9 years
Professional MarksMBA
Phone49 40 300 30 1000
Webhttps://www.nordex-online.com

Nordex SE Management Efficiency

The company has return on total asset (ROA) of (0.0573) % which means that it has lost $0.0573 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.4553) %, meaning that it generated substantial loss on money invested by shareholders. Nordex SE's management efficiency ratios could be used to measure how well Nordex SE manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 349.56 M in total debt with debt to equity ratio (D/E) of 0.65, which is about average as compared to similar companies. Nordex SE has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nordex SE until it has trouble settling it off, either with new capital or with free cash flow. So, Nordex SE'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 Nordex SE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nordex to invest in growth at high rates of return. When we think about Nordex SE's use of debt, we should always consider it together with cash and equity.

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Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide. The company was incorporated in 1985 and is headquartered in Hamburg, Germany. NORDEX SE operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 9046 people. Nordex SE [NRDXF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Nordex SE Leadership Team

Elected by the shareholders, the Nordex SE's board of directors comprises two types of representatives: Nordex SE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordex. The board's role is to monitor Nordex SE's management team and ensure that shareholders' interests are well served. Nordex SE'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, Nordex SE's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jose Dieguez, Deputy CEO, COO
Felix Zander, Head of Investor Relations
Jose Diguez, Chairman CEO
Annette Stieve, Member of the Supervisory Board
Rafael Alcala, Member of the Supervisory Board
Bernard Schaeferbarthold, CFO, Member of the Management Board
Ralf Peters, Head of Corporate Communication
Connie Hedegaard, Member of the Supervisory Board
Jan Klatten, Deputy Chairman of the Supervisory Board
Wolfgang Ziebart, Chairman of the Supervisory Board
Juan Girod, Deputy Chairman of the Supervisory Board
Martin Rey, Member of the Supervisory Board
Patxi Landa, Chief Sales Officer
Christoph Burkhard, CFO, Member of the Management Board
Lars Krogsgaard, CEO and Member of Management Board
Heinz Deelen, Member of the Supervisory Board
Frank Lutz, Member of the Supervisory Board
Ilya Hartmann, CFO Board

Nordex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Nordex SE 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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When running Nordex SE's price analysis, check to measure Nordex SE'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 Nordex SE is operating at the current time. Most of Nordex SE's value examination focuses on studying past and present price action to predict the probability of Nordex SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordex SE's price. Additionally, you may evaluate how the addition of Nordex SE to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nordex SE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordex SE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordex SE'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.