Oystein Kalleklev - Avance Gas Ex Chairman

AGAS Stock  NOK 184.80  1.80  0.96%   

Insider

Oystein Kalleklev is Ex Chairman of Avance Gas Holding
Age 43
Phone472 200 4800
Webhttps://www.avancegas.com

Avance Gas Management Efficiency

The company has return on total asset (ROA) of 0.0433 % which means that it generated a profit of $0.0433 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1108 %, meaning that it generated $0.1108 on every $100 dollars invested by stockholders. Avance Gas' management efficiency ratios could be used to measure how well Avance Gas manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 345.41 M in total debt with debt to equity ratio (D/E) of 0.78, which is about average as compared to similar companies. Avance Gas Holding has a current ratio of 2.35, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Avance Gas until it has trouble settling it off, either with new capital or with free cash flow. So, Avance Gas' 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 Avance Gas Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avance to invest in growth at high rates of return. When we think about Avance Gas' use of debt, we should always consider it together with cash and equity.

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Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas . The company was founded in 2007 and is based in Hamilton, Bermuda. AVANCE GAS operates under Oil Gas Integrated classification in Norway and is traded on Oslo Stock Exchange. It employs 7 people. Avance Gas Holding (AGAS) is traded on Oslo Stock Exchange in Norway and employs 6 people.

Management Performance

Avance Gas Holding Leadership Team

Elected by the shareholders, the Avance Gas' board of directors comprises two types of representatives: Avance Gas inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avance. The board's role is to monitor Avance Gas' management team and ensure that shareholders' interests are well served. Avance Gas' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avance Gas' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jannicke Eilertsen, Legal Officer
Randi Bekkelund, Chief Officer
Captain Aasvang, Head Operations
Oystein Kalleklev, Ex Chairman
Hanne Isaksen, Financial Controller
James Ayers, Sec

Avance 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 Avance Gas 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.

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Please note, there is a significant difference between Avance Gas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avance Gas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avance Gas' 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.