Bente Klaestad - Sparebank Director

RING Stock  NOK 300.00  6.00  2.04%   

Director

Ms. Bente Sonsteby Klaestad serves as Member of the Board of Directors of SpareBank 1 Ringerike Hadeland. She is Communication Advisor at PDMT. She was elected to Gran Sparebankss Board in 2004. She is Market Economist from Norges Markedshoyskole and Business Economist from Handelshoyskolen BI.
Phone47 91 50 21 30
Webhttps://www.sparebank1.no/ringerike-hadeland

Sparebank Management Efficiency

The company has return on total asset (ROA) of 0.0139 % which means that it generated a profit of $0.0139 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0934 %, meaning that it generated $0.0934 on every $100 dollars invested by stockholders. Sparebank's management efficiency ratios could be used to measure how well Sparebank manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 5.2 B in total debt. Debt can assist Sparebank until it has trouble settling it off, either with new capital or with free cash flow. So, 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 Sparebank 1 Ringerike sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sparebank to invest in growth at high rates of return. When we think about Sparebank's use of debt, we should always consider it together with cash and equity.

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SpareBank 1 Ringerike Hadeland provides various banking products and services to retail and corporate customers in Norway. The company was founded in 1833 and is based in Hnefoss, Norway. SPAREBK RING is traded on Oslo Stock Exchange in Norway. Sparebank 1 Ringerike (RING) is traded on Oslo Stock Exchange in Norway and employs 229 people.

Management Performance

Sparebank 1 Ringerike Leadership Team

Elected by the shareholders, the Sparebank's board of directors comprises two types of representatives: Sparebank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sparebank. The board's role is to monitor Sparebank's management team and ensure that shareholders' interests are well served. 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, Sparebank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Else Hellum, Bank Manager of Retail Market
Sten Lunder, Bank Manager of Bus. Devel.
Hans Stubberud, Director
Jorn Prestkvern, Chairman of the Board
Hege Syversen, Director
Inger Holm, Sec
Liv Kildal, Director, Employee Representative
Jorgen Ruud, Vice President Risk Management and Compliance
Marit Tronrud, Bank Service
Oscar Engeli, Chairman of the Board
Marthe Westlie, Bank Devel
Kristin Ruud, Bank Manager of Information and Public Affairs
Hege Petlund, Director
Bjrn Blaker, Bank Communications
Svein Oftedal, Director
Andrea Softing, Vice President Economy / Finance
Unn Teslo, Bank Manager of HR and Bus. Support
Jrgen Ruud, Bank Fin
Bente Klaestad, Director
Ida Vik, Bank Compliance
Bjorn Morstad, Director
Steinar Haugli, Bank Manager
Wenche Ravlo, Vice Chairman of the Board
Bjorn Rindal, Vice President Corporate Market
Kjell Baug, Director
Anne Frostrup, Vice Chairman of the Board
Tommy Helgerud, Director
Gunnar Bergan, Director, Employee Representative

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