Carsten Ringius - Nnit AS Ex CFO

NNIT Stock  DKK 91.80  0.50  0.54%   

Insider

Carsten Ringius is Ex CFO of Nnit AS
Phone45 70 24 42 42
Webhttps://www.nnit.com

Nnit AS Management Efficiency

Nnit AS's management efficiency ratios could be used to measure how well Nnit AS manages its routine affairs as well as how well it operates its assets and liabilities.
Nnit AS has accumulated 536 M in total debt with debt to equity ratio (D/E) of 66.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nnit AS has a current ratio of 0.94, 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 Nnit AS until it has trouble settling it off, either with new capital or with free cash flow. So, Nnit AS'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 Nnit AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nnit to invest in growth at high rates of return. When we think about Nnit AS's use of debt, we should always consider it together with cash and equity.

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NNIT AS provides a range of IT services and solutions to customers primarily in the life sciences sector in Denmark and internationally. NNIT AS was founded in 1994 and is headquartered in Soborg, Denmark. NNIT AS operates under Information Technology Services classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 3266 people. Nnit AS (NNIT) is traded on Copenhagen Exchange in Denmark and employs 3,279 people.

Management Performance

Nnit AS Leadership Team

Elected by the shareholders, the Nnit AS's board of directors comprises two types of representatives: Nnit AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nnit. The board's role is to monitor Nnit AS's management team and ensure that shareholders' interests are well served. Nnit AS'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, Nnit AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pernille Fabricius, Transformation Strategy
Camilla Mohl, Communications People
Carsten Ringius, Ex CFO
Kasper Andersen, VP Solutions
Par Fors, Pres CEO
Ricco Larsen, Senior Vice President IT Operation Services

Nnit 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 Nnit AS 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 Nnit AS

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 Nnit AS 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 Nnit AS will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nnit Stock

  0.71JYSK Jyske Bank ASPairCorr

Moving against Nnit Stock

  0.75GRLA GroenlandsbankenPairCorr
  0.65SYDB Sydbank ASPairCorr
  0.6MAERSK-A AP MllerPairCorr
  0.36DANSKE Danske Bank ASPairCorr
The ability to find closely correlated positions to Nnit AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nnit AS 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 Nnit AS - 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 Nnit AS to buy it.
The correlation of Nnit AS 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 Nnit AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nnit 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 Nnit AS 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 Nnit Stock

Nnit AS financial ratios help investors to determine whether Nnit 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 Nnit with respect to the benefits of owning Nnit AS security.