Harald Fotland - Odfjell B SVP

ODFB Stock  NOK 98.60  4.40  4.27%   

SVP

Mr. Harald Fotland has served as Chief Operation Officer at Odfjell SE since January 5, 2018. He has previously been Senior Vice President Odfjell Tankers at Odfjell SE since October 6, 2015 and Interim Senior Vice President Ship Management at the Company since January 9, 2017. He previously was Senior Vice President, Chief of Staff of the Company until October 6, 2015. He was also Senior Vice President, Corporationrationrate Services and Support at the Company. He joined the Company in December 2010 as Chief of Staff. Previously, he was Vice President for the marine insurance company Gard AS. He also held various positions within the Royal Norwegian Navy. since 2018.
Age 59
Tenure 6 years
Phone47 55 27 00 00
Webhttps://www.odfjell.com

Odfjell B Management Efficiency

The company has return on total asset (ROA) of 0.0635 % which means that it generated a profit of $0.0635 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2273 %, meaning that it generated $0.2273 on every $100 dollars invested by stockholders. Odfjell B's management efficiency ratios could be used to measure how well Odfjell B manages its routine affairs as well as how well it operates its assets and liabilities.
Odfjell B has accumulated 1.14 B in total debt with debt to equity ratio (D/E) of 227.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Odfjell B has a current ratio of 0.72, 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 Odfjell B until it has trouble settling it off, either with new capital or with free cash flow. So, Odfjell B'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 Odfjell B sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Odfjell to invest in growth at high rates of return. When we think about Odfjell B's use of debt, we should always consider it together with cash and equity.
Odfjell SE engages in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other special products. Odfjell SE was founded in 1914 and is headquartered in Bergen, Norway. Odfjell SE operates under Shipping Ports classification in Norway and is traded on Oslo Stock Exchange. It employs 2530 people. Odfjell B (ODFB) is traded on Oslo Stock Exchange in Norway and employs 26 people.

Management Performance

Odfjell B Leadership Team

Elected by the shareholders, the Odfjell B's board of directors comprises two types of representatives: Odfjell B inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Odfjell. The board's role is to monitor Odfjell B's management team and ensure that shareholders' interests are well served. Odfjell B'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, Odfjell B's outside directors are responsible for providing unbiased perspectives on the board's policies.
Oistein Jensen, Chief of Staff
Laurence Odfjell, Executive Chairman and Member of Nomination Committee
Geirmund Drivenes, Global Head of Ship Management
Ingjerd Nettestad, VP HR
Bjrn Hammer, Global Trading
Adrian Lenning, Global Terminals
Anngun Dybsland, Head Communications
Bjrn Red, VP Research
Harald Fotland, Chief of Staff and Sr. VP of Corporate Services and Support
Terje Iversen, CFO and Sr. VP of Fin.

Odfjell Stock Performance Indicators

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Other Information on Investing in Odfjell Stock

Odfjell B financial ratios help investors to determine whether Odfjell 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 Odfjell with respect to the benefits of owning Odfjell B security.