Turid Riset - Melhus Sparebank Head Mang

MELG Stock  NOK 159.00  2.50  1.55%   

Executive

Ms. Turid Vollan Riset was Director of Melhus Sparebank since 2015. She is also Chief Executive Officer of Sykehusapotekene i Helse MidtNorge. since 2015.
Tenure 9 years
Phone47 72 87 80 00
Webhttps://www.melhusbanken.no

Melhus Sparebank Management Efficiency

The company has return on total asset (ROA) of 0.0102 % which means that it generated a profit of $0.0102 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0875 %, meaning that it generated $0.0875 on every $100 dollars invested by stockholders. Melhus Sparebank's management efficiency ratios could be used to measure how well Melhus Sparebank manages its routine affairs as well as how well it operates its assets and liabilities.
Melhus Sparebank has accumulated 2.56 B in total debt. Debt can assist Melhus Sparebank until it has trouble settling it off, either with new capital or with free cash flow. So, Melhus Sparebank'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 Melhus Sparebank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Melhus to invest in growth at high rates of return. When we think about Melhus Sparebank's use of debt, we should always consider it together with cash and equity.

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Melhus Sparebank, a savings bank, provides various banking products and services to businesses and agriculture customers, and private individuals in Norway. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway. MELHUS SPAREBANK is traded on Oslo Stock Exchange in Norway. Melhus Sparebank (MELG) is traded on Oslo Stock Exchange in Norway and employs 68 people.

Management Performance

Melhus Sparebank Leadership Team

Elected by the shareholders, the Melhus Sparebank's board of directors comprises two types of representatives: Melhus Sparebank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Melhus. The board's role is to monitor Melhus Sparebank's management team and ensure that shareholders' interests are well served. Melhus Sparebank'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, Melhus Sparebank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kjellaug Angvik, Head of Service Department
Atle Morken, Chief Officer
MayLiss Langorgen, Bus Assembly
Ragnar Torland, Bank Manager
Turid Riset, Head Mang
Morten Bergum, Chief Insurance
Silje Heggvik, Marketing Assembly
Terje Tysko, Credit Fin
Stale Vandvik, Advisor Director
Jarle Gustad, Deputy Bank Manager

Melhus Stock Performance Indicators

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Other Information on Investing in Melhus Stock

Melhus Sparebank financial ratios help investors to determine whether Melhus 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 Melhus with respect to the benefits of owning Melhus Sparebank security.