Rene SvendsenTune - GN Store CEO

<div class='circular--portrait' style='background:#689CFD;color: #ffffff;font-size:4em;padding-top: 25px;;'>GS</div>
Mr. Rene SvendsenTune was appointed Member of the Executive Management and President and Chief Executive Officer of GN Store Nord GN Audio at GN Store Nord AS, effective as of April 1, 2015. He was Independent Member of the Board of Directors of the Company from 2007 until March 16, 2015. He has also served as Member of the Company Audit Committee. Mr. SvendsenTune was President of Europe Latin America at Nokia Solutions and Networks and Member of its Executive Board since 2012. Prior to this, he was President and Chief Executive Officer of Teleca AB . He has 25 years of practical experience in the IT and Telecommunications industries. He joined Nokia in 1993 and has over the years held various positions with increasing responsibility. In 2001 he joined the Executive Management team at Nokias head office, where he became global Head of Marketing, Sales and Country Operations at Nokia Networks
Age: 62  CEO Since 2015      
45 45 75 00 00
SvendsenTune serves as Deputy Chairman of the Board of NKT Holding A/S and Member of the Board of Nilfisk Danmark A/S. He has global management experience along with insight into global technology markets, global sales and technology investments from the fast moving telecommunications and consumer electronics sectors. He is a graduate of Danmarks Ingenioerakademi, Denmark.

GN Store Management Efficiency

GN Store Nord has return on total asset (ROA) of 9.48 % which means that it generated profit of $9.48 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on equity (ROE) of 28.75 % meaning that it generated $28.75 on every $100 dollars invested by stockholders. GN Store management efficiency ratios could be used to measure of how well the company is managing its routine affairs as well as how well it utilizes its assets and manages liabilities.
The company has accumulated 5.65 B in total debt with debt to equity ratio (D/E) of 126.4 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. GN Store Nord has Current Ratio of 0.95 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

Company Summary

GN Store Nord AS develops, manufactures, and markets medical, professional, and consumer audio solutions in Denmark, Europe, North America, Asia, and internationally. GN Store Nord AS was founded in 1869 and is headquartered in Ballerup, Denmark. GN Store operates under Electronic Finished Products classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 6250 people.GN Store Nord (GN) is traded on Copenhagen Stock Exchange in Denmark and employs 6,250 people.

GN Store Nord Leadership Team

Michael Bjergby, VP of IR, Communications, CSR and Treasury
Rene SvendsenTune, Member of the Executive Management, President and Chief Executive Officer of GN Store Nord & GN Audio
Anders Hedegaard, Member of the Executive Management Team, CEO of GN ReSound
Jakob Gudbrand, President and Chief Executive Officer of GN Store Nord & GN Hearing, Member of the Executive Management
Peter Justesen, VP of Investor Relations and Treasury
Gitte Aabo, Independent Director
Per WoldOlsen, Independent Chairman of the Board
Morten Andersen, Director, Employee Representative
Marcus Desimoni, Member of the Executive Management; Chief Financial Officer of GN Store Nord and GN Hearing
Wolfgang Reim, Independent Director
Helene Barnekow, Independent Director
Marcus Perathoner, Director, Employee Representative
William Hoover, Independent Deputy Chairman of the Board
Nikolai Bisgaard, Director, Employee Representative
Ronica Wang, Independent Director
Leo Larsen, Director, Employee Representative
Carsten Thomsen, Independent Director

Stock Performance Indicators

Current Sentiment - GN

GN Store Nord Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in GN Store Nord. What is your judgment towards investing in GN Store Nord? Are you bullish or bearish?
50% Bullish
50% Bearish

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Risk vs Return Analysis. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page