Mike Ball - Spectrum ASA Insider

Executive Vice President of Data Processing

Mr. Mike Ball serves as Executive Vice President, Seismic Imaging at Spectrum ASA. Mike joined Spectrum in March 2013 with 30 years of industry experience. He previously worked for TGSNopec Geophysical Company, Schlumberger GecoPrakla, and Western Geophysical in various seismic imaging and project management positions. In his last role at TGSNopec Geophysical Company, Mike had global responsibility as Director of Data Management and Quality Control. He oversaw acquisition and processing quality control and managed GG assets for MultiClient projects. Mike graduated from Texas AM University with degrees in Marine Science and Geophysics.
Age: 57        

Management Efficiency

The company has return on total asset (ROA) of 1.43 % which means that it generated profit of $1.43 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (4.5) % meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 32.47 M in total debt with debt to equity ratio (D/E) of 18.3 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Spectrum ASA has Current Ratio of 0.72 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

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Entity Summary

Spectrum ASA (SPTYF) is traded on OTC Market in USA. and employs 19 people.

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Top Management

Spectrum ASA Leadership Team
Jogeir Romestrand, Director
Glen Rodland, Chairman, Ph.D
Arne Helland, EVP
Jan Schoolmeesters, COO, Ph.D
Kim Maver, President, MBA
Maria Tallaksen, Director
Ian Edwards, President
Graham Mayhew, President
Ingrid Leisner, Director
Mike Ball, President
Linda Myklebust, Director
Rune Eng, CEO
Henning Olset, CFO, MBA
Jorn Christiansen, CTO
Neil Hodgson, Executive, Ph.D
Richie Miller, EVP
Svein Staalen, Executive
David Rowlands, EVP
Pal Stampe, Director

Stock Performance

Spectrum ASA Performance Indicators