Anders Soreng - Nel ASA Chief Officer

D7G Stock  EUR 0.25  0.02  7.41%   

Insider

Anders Soreng is Chief Officer of Nel ASA
Phone47 23 24 89 50
Webhttps://nelhydrogen.com

Nel ASA Management Efficiency

The company has return on total asset (ROA) of (0.0822) % which means that it has lost $0.0822 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.125) %, meaning that it generated substantial loss on money invested by shareholders. Nel ASA's management efficiency ratios could be used to measure how well Nel ASA manages its routine affairs as well as how well it operates its assets and liabilities.
Nel ASA has accumulated 23.19 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Nel ASA has a current ratio of 8.79, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Nel ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Nel ASA'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 Nel ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nel to invest in growth at high rates of return. When we think about Nel ASA's use of debt, we should always consider it together with cash and equity.

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Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway. NEL ASA is traded on Frankfurt Stock Exchange in Germany. Nel ASA (D7G) is traded on Frankfurt Exchange in Germany and employs 576 people.

Management Performance

Nel ASA Leadership Team

Elected by the shareholders, the Nel ASA's board of directors comprises two types of representatives: Nel ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nel. The board's role is to monitor Nel ASA's management team and ensure that shareholders' interests are well served. Nel ASA'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, Nel ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jorn Rosenlund, Chief Officer
Esa Laukkanen, Chief Officer
Filip Smeets, Chief Electrolyser
Hans Hide, Chief Electrolyser
Stein Erdal, Sr Counsel
Robert Borin, VP Division
Hakon Volldal, Chief Officer
Anders Soreng, Chief Officer
Kjell Bjornsen, Chief Officer
Caroline Duyckaerts, Chief Officer

Nel 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 Nel ASA 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

Other Information on Investing in Nel Stock

Nel ASA financial ratios help investors to determine whether Nel 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 Nel with respect to the benefits of owning Nel ASA security.