Oyvind Eriksen - AKER ASA 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.
Age: 54  CEO Since 2009      
47 24 13 00 00  http://www.akerasa.com

Management Efficiency

The company has return on total asset (ROA) of 0.93 % which means that it generated profit of $0.93 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (2.21) % meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 43.55 B in total debt with debt to equity ratio (D/E) of 112.2 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. AKER ASA has Current Ratio of 1.11 suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due.

Entity Summary

Aker ASA, an industrial investment company, operates in the oil and gas, maritime assets, and marine biotechnology sectors in Norway, the European Union, the Americas, Asia, and internationally. The company was founded in 1841 and is based in Lysaker, Norway. AKER ASA operates under Asset Management classification in Norway and is traded on Oslo Stock Exchange. It employs 19979 people.AKER ASA (AKER) is traded on Oslo Stock Exchange in Norway and employs 19,979 people.

AKER ASA Leadership Team

Per Reppe, Investor Relations Director
Finn Jacobsen, Deputy Chairman of the Board
Arild Frick, General Counsel
Arnfinn Stenso, Director, Employee Representative
Edward Ross, Investment Director
Haakon Berg, Investment Director
Frank Reite, CFO
Marianne Stigset, Investor Relations Manager
Amram Hadida, Director, Employee Representative
Atle Kigen, Head of Communication
Ola Snove, Investment Director
Baard Snekkevik, Corporate Treasurer
Tommy Angeltveit, Director, Employee Representative
Atle Tranoy, Director, Employee Representative
Kristian Rokke, Director
Oyvind Eriksen, CEO and Presidentident, Member of the Executive Team
Audun Stensvold, Investment Director
Karen Simon, Director
Kjell Rokke, Chairman of the Board
Nina Hanssen, Director, Employee Representative
Kristin Devold, Director
Inger Karlsen, Director, Employee Representative
Anne Cannon, Director
Jan Haugan, CEO of Aker Energy AS
Leif Hoegh, Director

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