Gitte Soerensen - Spar Nord Director, Employee Representative

SPNO Stock  DKK 123.00  1.60  1.32%   

Director

Ms. Gitte Holmgaard Soerensen has served as Employee Representative on the Board of Directors of Spar Nord Bank AS since April 18, 2012. She is Member of the Company Nomination and Remuneration Committee. She is Workplace Representative at the Company. Apart from this, she serves as Chairman of the Board of The Personnel Foundation at Spar Nord Bank and Member on the Board of The Financial Services Union Spar Nord Kreds and Sparekassen Nordjyllands Fond af 29. marts 1976. She has educational background in Financial Services and holds a Business Diploma in Financing. since 2012.
Age 53
Tenure 12 years
Phone45 96 34 40 00
Webhttps://www.sparnord.com

Spar Nord Management Efficiency

The company has return on total asset (ROA) of 0.0118 % which means that it generated a profit of $0.0118 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1162 %, meaning that it generated $0.1162 on every $100 dollars invested by stockholders. Spar Nord's management efficiency ratios could be used to measure how well Spar Nord manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 7.77 B in total debt. Debt can assist Spar Nord until it has trouble settling it off, either with new capital or with free cash flow. So, Spar Nord'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 Spar Nord Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spar to invest in growth at high rates of return. When we think about Spar Nord's use of debt, we should always consider it together with cash and equity.

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Spar Nord Bank AS provides various banking products and services to retail, business, and public sector customers in Denmark. Spar Nord Bank AS was founded in 1824 and is based in Aalborg, Denmark. Spar Nord operates under Banks - Regional - Europe classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 1523 people. Spar Nord Bank (SPNO) is traded on Copenhagen Exchange in Denmark and employs 1,644 people.

Management Performance

Spar Nord Bank Leadership Team

Elected by the shareholders, the Spar Nord's board of directors comprises two types of representatives: Spar Nord inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spar. The board's role is to monitor Spar Nord's management team and ensure that shareholders' interests are well served. Spar Nord'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, Spar Nord's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thorkild Mathiesen, Gen Accounts
Rune Borglum, Head Relations
Gitte Soerensen, Director, Employee Representative
John Lundsgaard, Managing Director and Member of Executive Board
Lasse Nyby, CEO and Member of Executive Board
John Soerensen, Director
Lene Aaen, Director, Employee Representative
Martin Bach, Head Communications
Per Bukh, Deputy Chairman of the Board
Lars Moller, MD Board
Lars Moeller, Managing Director, Member of the Executive Board
Torben Fristrup, Chairman of the Board
Morten Gaardboe, Director
Kim Ostergaard, Chief Director
Ole Skov, Director, Employee Representative
Ole Madsen, Senior Vice President Communication
Martin Rasmussen, MD Board
Trine Haals, Principal Officer
Kaj Christiansen, Director
Karin Duerlund, Head Department
Laila Mortensen, Director
Kjeld Johannesen, Director
Jannie Skovsen, Director, Employee Representative

Spar 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 Spar Nord 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.

Currently Active Assets on Macroaxis

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