Oyvind Eriksen - Aker ASA CEO
| AKER Stock | NOK 618.00 6.50 1.06% |
CEO
Mr. Oyvind Eriksen has served as President and Chief Executive Officer of Aker ASA since January 1, 2009. He joined Norwegian law firm BAHR in 1990, where he became a partner in 1996 and a directorchairman in 2003. At BAHR, Mr. Eriksen worked closely with Aker and Akers main shareholder, Kjell Inge Rokke. Mr. Eriksen is chairman of the board in Aker BP ASA, Aker Solutions ASA and Aker Kvaerner Holding AS, and a director of several companies, including The Resource Group TRG AS, TRG Holding AS and Reitangruppen AS. Mr. Eriksen holds a law degree from Universitet i Oslo. since 2009.
| Age | 55 |
| Tenure | 15 years |
| Phone | 47 24 13 00 00 |
| Web | https://www.akerasa.com |
Aker ASA Management Efficiency
The company has return on total asset (ROA) of 0.0877 % which means that it generated a profit of $0.0877 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3497 %, meaning that it generated $0.3497 on every $100 dollars invested by stockholders. Aker ASA's management efficiency ratios could be used to measure how well Aker ASA manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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| Svein Holsether | Yara International ASA | 51 | |
Management Performance
| Return On Equity | 0.35 | |||
| Return On Asset | 0.0877 |
Aker ASA Leadership Team
Elected by the shareholders, the Aker ASA's board of directors comprises two types of representatives: Aker ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aker. The board's role is to monitor Aker ASA's management team and ensure that shareholders' interests are well served. Aker 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, Aker ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Per Reppe, Investor Relations Director | ||
| Joachim Bjorni, Head Relations | ||
| Finn Jacobsen, Independent Deputy Chairman of the Board | ||
| Arild Frick, General Counsel | ||
| Arnfinn Stenso, Director, Employees Representative | ||
| Edward Ross, Investment Director | ||
| Kjell Rkke, Owner Chairman | ||
| Oeyvind Eriksen, Pres CEO | ||
| Martin Holte, Investment Director | ||
| Haakon Berg, Investment Director – Responsible for the Follow-Up of Aker Asa's Oil Service Investments | ||
| Frank Reite, CFO | ||
| Svein Stoknes, Chief Financial Officer | ||
| Marianne Stigset, Investor Relations Manager | ||
| Amram Hadida, Director, Employee Representative | ||
| Charlotte Hakonsen, G Counsel | ||
| Atle Kigen, Head of Corporate Communications | ||
| Torbjrn Kjus, Chief Economist and Head of Investor Relations | ||
| Ola Snove, Investment Director | ||
| Baard Snekkevik, Corporate Treasurer | ||
| Torstein Storkre, Head Fornebuporten | ||
| Torbjorn Kjus, Chief Economist | ||
| Tommy Angeltveit, Director, Employees Representative | ||
| Atle Tranoy, Director, Employees Representative | ||
| Alexander Krane, Investment Director – Responsible for the Follow-Up of Aker Asa’s Investments in Oil And Gas Exploration and Production | ||
| Kristian Rokke, Chief Investment Officer | ||
| Oyvind Eriksen, CEO and Presidentident, Member of the Executive Team | ||
| Audun Stensvold, Investment Director | ||
| Karen Simon, Independent Director | ||
| Kjell Rokke, Chairman of the Board | ||
| Nina Hanssen, Director, Employee Representative | ||
| Kristin Devold, Independent Director | ||
| Inger Karlsen, Director, Employee Representative | ||
| Christina Glenn, Head Relations | ||
| Anne Cannon, Director | ||
| Jan Haugan, CEO of Aker Energy AS | ||
| Leif Hoegh, Director |
Aker 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 Aker 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.
| Return On Equity | 0.35 | |||
| Return On Asset | 0.0877 | |||
| Profit Margin | 0.74 % | |||
| Operating Margin | 0.50 % | |||
| Current Valuation | 70.82 B | |||
| Shares Outstanding | 74.29 M | |||
| Shares Owned By Insiders | 72.44 % | |||
| Shares Owned By Institutions | 12.81 % | |||
| Price To Earning | 41.17 X | |||
| Price To Book | 1.17 X |
Pair Trading with Aker ASA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aker ASA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aker ASA will appreciate offsetting losses from the drop in the long position's value.Moving together with Aker Stock
| 0.76 | TEL | Telenor ASA | PairCorr |
The ability to find closely correlated positions to Aker ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aker ASA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aker ASA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aker ASA to buy it.
The correlation of Aker ASA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aker ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aker ASA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aker ASA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aker 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. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Aker Stock analysis
When running Aker ASA's price analysis, check to measure Aker 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 Aker ASA is operating at the current time. Most of Aker ASA's value examination focuses on studying past and present price action to predict the probability of Aker 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 Aker ASA's price. Additionally, you may evaluate how the addition of Aker ASA to your portfolios can decrease your overall portfolio volatility.
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