Svein Staalen - Spectrum ASA Insider

SPTYF -- USA Stock  

USD 4.26  0.00  0.00%

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      
47 23 01 49 60  http://www.spectrumgeo.com
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 0.95 % which means that it generated profit of $0.95 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (19.09) % meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 23.72 M in total debt with debt to equity ratio (D/E) of 17.1 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Spectrum ASA has Current Ratio of 0.76 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 produces and sells multi-client seismic surveys and seismic data imaging for multi-client survey and proprietary customers in the oil and gas market. The company was founded in 1986 and is based in Oslo, Norway. Spectrum ASA operates under Oil Gas Equipment Services classification in USA and traded on OTC Market. It employs 146 people.Spectrum ASA (SPTYF) is traded on OTC Market in USA. It is located in Karenslyst All? 11 and employs 146 people.

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

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