Svein Staalen - Spectrum ASA Insider

General Counsel

Mr. Svein Olav Staalen was appointed General Counsel at Spectrum ASA, effective as of March 1, 2012. Mr. Staalen was Corporationrationrate Legal Counsel at Det Norske Veritas from 2008 2012. Prior to that, he worked eight years as a lawyer in the law firm Haavind and two years as Corporationrationrate Legal Counsel in the Nycomed Group
Age: 44  Executive Since 2012      
Staalen holds a Master of Law degree from the University of Oslo and a Diploma in English Commercial Law from the College of Law, London.

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