Turi Johnsen - Nidaros Sparebank Elected Board

NISB Stock  NOK 101.00  0.80  0.79%   

Insider

Turi Johnsen is Elected Board of Nidaros Sparebank
Phone47 72 83 00 00
Webhttps://nidaros-sparebank.no

Nidaros Sparebank Management Efficiency

Nidaros Sparebank's management efficiency ratios could be used to measure how well Nidaros Sparebank manages its routine affairs as well as how well it operates its assets and liabilities.
Nidaros Sparebank has accumulated 50.09 M in total debt. Debt can assist Nidaros Sparebank until it has trouble settling it off, either with new capital or with free cash flow. So, Nidaros 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 Nidaros Sparebank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nidaros to invest in growth at high rates of return. When we think about Nidaros Sparebank's use of debt, we should always consider it together with cash and equity.

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Nidaros Sparebank, a savings bank, provides loans, savings, insurance, pension products, and payment services for private and corporate customers in Norway. The company was founded in 1858 and is based in Klbu, Norway. NIDAROS SPAREBANK is traded on Oslo Stock Exchange in Norway. Nidaros Sparebank (NISB) is traded on Oslo Stock Exchange in Norway and employs 23 people.

Management Performance

Nidaros Sparebank Leadership Team

Elected by the shareholders, the Nidaros Sparebank's board of directors comprises two types of representatives: Nidaros Sparebank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nidaros. The board's role is to monitor Nidaros Sparebank's management team and ensure that shareholders' interests are well served. Nidaros 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, Nidaros Sparebank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Turi Johnsen, Elected Board
Thomas Ulset, Compliance Mang
Bjorn Riise, MD CEO
Bard Brenne, Credit Mang
Vibeke Bogseth, Head Privately
Mariann Bjorgen, Chief Officer
Torleif Lia, Controller Mang

Nidaros 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 Nidaros Sparebank 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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Other Information on Investing in Nidaros Stock

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