Heidi Storruste - Storebrand ASA Director, Employee Representative

STB Stock  NOK 105.20  7.35  7.51%   

Director

Ms. Heidi Storruste has served as Director, Employee Representative at Storebrand ASA since May 29, 2013. She is also Member at the Company Audit Committee. She is Team Champion, Digital Business Development, Storebrand Livsforsikring AS. She is Head of the Finance Sector Union of Norway at Storebrand and Board Member The Norwegian Coach Association. She was Senior Employee Representative, Finance Sector Union of Norway at Storebrand Storebrand Livsforsikring AS . She has previously worked at Storebrand Bank ASA as a project manager at the Product and Development department, process manager at Storebrand Bank ASA, and senior consultant at the Credit Department Retail in Storebrand Bank ASA, Financial Consultant Kreditt PM in Gjensidige Bank AS and customer consultant in Sparebankenes Kredittselskap AS . She has previous experience in companies such as Gjensidige Bank AS, Incentiva Resultautvikling DA and Sparebankenes Kredittselskap AS. She holds Bachelor of Management from Norwegian Business School, is Certified Executive Coach, DNCF Certified Coach and Business Economics, Norwegian Business School . since 2013.
Age 53
Tenure 11 years
Phone47 91 50 88 80
Webhttps://www.storebrand.no

Storebrand ASA Management Efficiency

Storebrand ASA's management efficiency ratios could be used to measure how well Storebrand ASA manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 43.78 B in total debt with debt to equity ratio (D/E) of 86.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Storebrand ASA has a current ratio of 0.6, 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 Storebrand ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Storebrand ASA'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 Storebrand ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Storebrand to invest in growth at high rates of return. When we think about Storebrand ASA's use of debt, we should always consider it together with cash and equity.

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Storebrand ASA, through its subsidiaries, primarily provides insurance products and services for private individuals, companies, municipalities, and public sector in Norway and Sweden. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway. STOREBRAND ASA operates under Insurance - General classification in Norway and is traded on Oslo Stock Exchange. It employs 1789 people. Storebrand ASA (STB) is traded on Oslo Stock Exchange in Norway and employs 2,161 people.

Management Performance

Storebrand ASA Leadership Team

Elected by the shareholders, the Storebrand ASA's board of directors comprises two types of representatives: Storebrand ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Storebrand. The board's role is to monitor Storebrand ASA's management team and ensure that shareholders' interests are well served. Storebrand ASA'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, Storebrand ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Arne Hastein, Director, Employee Representative
Hege Honesdal, Managing Director of Storebrand Insurance
Liv Sandbaek, Director
Trygve Hakedal, Ex Digital
Heidi Storruste, Director, Employee Representative
Tove Selnes, Ex People
Wenche Martinussen, Executive Vice President Sales, Marketing and Service for the Norwegian retail market
Kjetil Krokje, Head of Investor Relations
Didrik Munch, Chairman of the Board
Staffan Hansen, Managing Director of Savings
Robin Kamark, Chief Commercial Officer
Jenny Rundbladh, Ex Sweden
Gyrid Ingero, Director
Jostein Dalland, Managing Director, Digital Business Development
Karin Orgland, Director
Faisal Khan, VP MA
Karin Flaa, Sustainability Communications
Lars Loddesol, Interim CFO
Jan Saugestad, Acting Managing Director of Storebrand Asset Management AS, Acting Head of Asset Management
Ingvild Pedersen, Director, Employee Representative
Karl Sandlund, Director
Laila Dahlen, Director
Odd Grefstad, Group Officer
Hakon Fure, Director
Birger Magnus, Chairman of the Board of Directors
Daniel Sundahl, Head Rating
Geir Holmgren, Managing Director of Storebrand Livsforsikring AS
Knut Haug, Director, Employee Representative
Martin Skancke, Director
Karin GreveIsdahl, Executive Vice President Communications and Investor Relations
Jan Opsahl, Director
Nils Lyso, Director
Heidi Skaaret, Ex Retail

Storebrand 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 Storebrand ASA 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Storebrand ASA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Storebrand ASA's short interest history, or implied volatility extrapolated from Storebrand ASA options trading.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Storebrand ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Storebrand ASA information on this page should be used as a complementary analysis to other Storebrand ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Storebrand ASA's price analysis, check to measure Storebrand ASA'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 Storebrand ASA is operating at the current time. Most of Storebrand ASA's value examination focuses on studying past and present price action to predict the probability of Storebrand ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Storebrand ASA's price. Additionally, you may evaluate how the addition of Storebrand ASA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Storebrand ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Storebrand ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Storebrand ASA'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.