Knud Steffensen - Hvidbjerg Bank Chairman of the Board of Directors

HVID Stock  DKK 116.00  2.00  1.75%   

Chairman

Mr. Knud Steffensen was Chairman of the Board of Directors of Hvidbjerg Bank AS since 2010. He joined the Company Board of Directors as Vice Chairman of the Board in 1992. He is Member of the Company Audit Committee and Chairman of the Company Nominating, Remuneration and Risk Committees. He is also Member of the Board of Directors of Thy Halm a.m.b.a. He is farmer. since 2010.
Age 63
Tenure 14 years
Professional MarksMBA
Phone45 96 95 52 00
Webhttps://www.hvidbjergbank.dk

Hvidbjerg Bank Management Efficiency

The company has return on total asset (ROA) of 0.0162 % which means that it generated a profit of $0.0162 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1288 %, meaning that it generated $0.1288 on every $100 dollars invested by stockholders. Hvidbjerg Bank's management efficiency ratios could be used to measure how well Hvidbjerg Bank manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 23.85 M in total debt. Debt can assist Hvidbjerg Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Hvidbjerg Bank'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 Hvidbjerg Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hvidbjerg to invest in growth at high rates of return. When we think about Hvidbjerg Bank's use of debt, we should always consider it together with cash and equity.

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Hvidbjerg Bank AS provides various banking products and services to private and business customers in Denmark. Hvidbjerg Bank AS was founded in 1912 and is headquartered in Thyholm, Denmark. Hvidbjerg Bank operates under BanksRegional classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 50 people. Hvidbjerg Bank (HVID) is traded on Copenhagen Exchange in Denmark and employs 50 people.

Management Performance

Hvidbjerg Bank Leadership Team

Elected by the shareholders, the Hvidbjerg Bank's board of directors comprises two types of representatives: Hvidbjerg Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hvidbjerg. The board's role is to monitor Hvidbjerg Bank's management team and ensure that shareholders' interests are well served. Hvidbjerg Bank'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, Hvidbjerg Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Fritz Sloth, Head of IT
Niels Lyngs, Director
Flemming Olesen, Deputy Chairman, VP and Member of Nominations Committee
Chris Have, Chief Officer
Jens Odgaard, Chief Executive Officer
Lene Houe, Member of the Supervisory Board
Claus Johansen, HR Mang
Torben BjornStrunge, Investment Mang
Henrik Galsgaard, Chairman of the Board
Annie Olesen, Director, Employee Representative
Knud Steffensen, Chairman of the Board of Directors
Lilly Nielsen, Controller
Michael Tykgaard, Director
Thomas Davidsen, Controller
Lars Joergensen, Vice Chairman of the Board
Dorrit Lindgaard, Director, Employee Representative
Mikael Jakobsen, Credit Mang
Suzette Amby, Head of Compliance
Karl Seerup, Director, Employee Representative

Hvidbjerg Stock Performance Indicators

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