Marit Solberg - Sparebanken Vest Deputy Chair of the Board

SVEG Stock  NOK 121.46  0.40  0.33%   

Executive

Ms. Marit Solberg has served as Deputy Chairman of the Board of Directors of Sparebanken Vest since 2011. She was Member of the Company Board of Directors since April 2008. She is also Chief Operating Officer Farming of Marine Harvest ASA. In addition she currently serves on the Board of Directors of Eksportutvalget for fisk AS since 2011.
Age 59
Tenure 13 years
Phone47 91 50 55 55
Webhttps://www.spv.no
Solberg holds a Master’s degree in Microbiology from Universitetet i Bergen.

Sparebanken Vest Management Efficiency

The company has return on total asset (ROA) of 0.0113 % which means that it generated a profit of $0.0113 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1351 %, meaning that it generated $0.1351 on every $100 dollars invested by stockholders. Sparebanken Vest's management efficiency ratios could be used to measure how well Sparebanken Vest manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 119.81 B in total debt. Debt can assist Sparebanken Vest until it has trouble settling it off, either with new capital or with free cash flow. So, Sparebanken Vest'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 Sparebanken Vest sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sparebanken to invest in growth at high rates of return. When we think about Sparebanken Vest's use of debt, we should always consider it together with cash and equity.

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Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Hordaland, Rogaland, and Sogn og Fjordane, Norway. The company was founded in 1823 and is headquartered in Bergen, Norway. SPAREBANKEN VEST is traded on Oslo Stock Exchange in Norway. Sparebanken Vest (SVEG) is traded on Oslo Stock Exchange in Norway and employs 755 people.

Management Performance

Sparebanken Vest Leadership Team

Elected by the shareholders, the Sparebanken Vest's board of directors comprises two types of representatives: Sparebanken Vest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sparebanken. The board's role is to monitor Sparebanken Vest's management team and ensure that shareholders' interests are well served. Sparebanken Vest'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, Sparebanken Vest's outside directors are responsible for providing unbiased perspectives on the board's policies.
BerteElen Konow, Director
Siren Sundland, Director of Operational Services
Frank Bjorndal, Executive Vice President Head of Retail Market
Birthe Lange, Director
Magne Morken, Director
Sivert Sornes, Director
Nina Nordby, Executive Vice President Innovation and Customer Experience
Jorgen Gudmundsson, CFO
AnneMarit Hope, Director, Employee Representative
Richard Rettedal, Director
Gunnar Skeie, Director
Oyvind Langedal, Director
Monica Dsvig, Head Legal
Johannes Dobson, Head Communications
Lars Breivik, Chief Communication
Trygve Bruvik, Chairman
Terje Mjelde, Head Accounting
Henrik Tnnessen, Compliance Officer
Hallgeir Isdahl, Director of CSR and Member of Validation Committee
Arild Bodal, Director
Stig Vangen, Leader Investor Relations, Finance and Risk Management
Kristin Axelsen, Director, Employee Representative
Therese Arentsen, Ex Organization
Fred Rislow, Director, Employee Representative
Tina Odegard, Executive Vice President Head of Organization and Development
Brede Kristiansen, Director Relations
Marianne Jacobsen, Director
Ragnhild Fresvik, Investor Relations Contact Officer
Marit Solberg, Deputy Chair of the Board
Frank Johannesen, Director of Risk Management and Member of Validation Committee
Jan Kjerpeseth, CEO and Chairman of Validation Committee
Bjorg Eknes, Director of Business Support and Development

Sparebanken 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 Sparebanken Vest 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 Sparebanken Vest 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, Sparebanken Vest's short interest history, or implied volatility extrapolated from Sparebanken Vest 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 Sparebanken Vest. 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.
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Please note, there is a significant difference between Sparebanken Vest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparebanken Vest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparebanken Vest'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.