Ole Fritze - Columbus Sr. VP of Services

COLUM Stock  DKK 10.30  0.10  0.96%   

SVP

Mr. Ole Fritze was Senior Vice President Services at Columbus AS since 2015. He joined the company in 2015 and has more than 25 years of experience from the IT industry, and a deep insight into running a services business. Ole holds a Bachelor of Computer Science and Commerce. He was previously Senior Vice President for Services, IBS Group Senior Vice President Global Operations, IBS Group Executive Director, IBS Group and Chief Operating Officer, EG. since 2015.
Age 57
Tenure 9 years
Phone45 70 20 50 00
Webhttps://www.columbusglobal.com

Columbus Management Efficiency

The company has return on total asset (ROA) of 0.0184 % which means that it generated a profit of $0.0184 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0696 %, meaning that it generated $0.0696 on every $100 dollars invested by stockholders. Columbus' management efficiency ratios could be used to measure how well Columbus manages its routine affairs as well as how well it operates its assets and liabilities.
Columbus AS has accumulated 75.97 M in total debt with debt to equity ratio (D/E) of 44.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Columbus AS has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Columbus until it has trouble settling it off, either with new capital or with free cash flow. So, Columbus' 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 Columbus AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Columbus to invest in growth at high rates of return. When we think about Columbus' use of debt, we should always consider it together with cash and equity.
Columbus AS develops and sells industry-specific software for the retail, food, and manufacturing industries worldwide. The company also offers various solutions for distribution and fashion food, beverage, and process and rental, lease, and equipment industries. Columbus operates under Information Technology Services classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 1957 people. Columbus AS (COLUM) is traded on Copenhagen Exchange in Denmark and employs 1,528 people.

Management Performance

Columbus AS Leadership Team

Elected by the shareholders, the Columbus' board of directors comprises two types of representatives: Columbus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Columbus. The board's role is to monitor Columbus' management team and ensure that shareholders' interests are well served. Columbus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Columbus' outside directors are responsible for providing unbiased perspectives on the board's policies.
Andreas Ollden, Head Commerce
Chris Mean, Head UK
Soren Knudsen, CEO Pres
Paul Gomez, Head US
Brian Iversen, Group Board
Tine Rasmussen, Communication Director
Tina Algkvist, Head M3
Erling Schjetne, Head Norway
Ole Fritze, Sr. VP of Services
Lars Moldow, Chief Officer
Per Fredriksson, Chief Office

Columbus 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 Columbus 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.

Pair Trading with Columbus

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbus will appreciate offsetting losses from the drop in the long position's value.

Moving against Columbus Stock

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  0.39JYSK Jyske Bank ASPairCorr
The ability to find closely correlated positions to Columbus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbus AS to buy it.
The correlation of Columbus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbus AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Columbus Stock

Columbus financial ratios help investors to determine whether Columbus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Columbus with respect to the benefits of owning Columbus security.