Finn Larsen - Laan Spar 2nd VP and Board Member

LASP Stock  DKK 715.00  5.00  0.70%   

VP

Mr. Finn R. Larsen was Second Vice Chairman of the Board of Laan Spar Bank AS since March 17, 2014. He is Member of the Companys Audit, Nomination, Remuneration and Risk Committees. He is also Board Member of ATP, Centralorganisationernes Faelles Udvalg, Forhandlingsfaellesskabet, Loenmodtagernes Dyrtidsfond. since 2014.
Age 59
Tenure 10 years
Phone45 33 78 20 00
Webhttps://www.lsb.dk

Laan Spar Management Efficiency

Laan Spar's management efficiency ratios could be used to measure how well Laan Spar manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 174.74 M in total debt. Debt can assist Laan Spar until it has trouble settling it off, either with new capital or with free cash flow. So, Laan Spar'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 Laan Spar Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Laan to invest in growth at high rates of return. When we think about Laan Spar's use of debt, we should always consider it together with cash and equity.
Ln Spar Bank AS provides various banking products and services in Denmark. The company was founded in 1880 and is based in Copenhagen, Denmark. Ln og operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. Laan Spar Bank (LASP) is traded on Copenhagen Exchange in Denmark and employs 22 people.

Management Performance

Laan Spar Bank Leadership Team

Elected by the shareholders, the Laan Spar's board of directors comprises two types of representatives: Laan Spar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Laan. The board's role is to monitor Laan Spar's management team and ensure that shareholders' interests are well served. Laan Spar'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, Laan Spar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bente Sorgenfrey, Director
Carsten Clausen, Director, Employee Representative
Jens Kragh, Director
Joern Andersen, Director
Susan Broager, Director, Employee Representative
Jesper Schioeler, Bank Manager
Anne Toftegaard, Director
Finn Larsen, 2nd VP and Board Member
Lars Wallberg, Director
Anders Christensen, Chairman of the Board
Jesper Schiler, Bank Board
Grete Christensen, Director
John Christiansen, CEO Board
Keld Thorns, Director Communication
Kai Lindberg, Chief Economist
Arne Grevsen, Director
Lars Qvistgaard, Second Vice Chairman of the Board
Henrik Horup, Director
Klaus Jespersen, Director, Employee Representative
Claus Oxfeldt, First Vice Chairman of the Board
Karsten Joergensen, Director, Employee Representative
Helle Britze, Director, Employee Representative

Laan 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 Laan Spar 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 Laan Spar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laan Spar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laan Spar'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.