Dag TangevaldJensen - Olav Thon CEO MD

OLT Stock  NOK 225.00  1.00  0.45%   

CEO

Mr. Dag TangevaldJensen has served as Chief Executive Officer of Olav Thon Eiendomsselskap ASA since 2000. He has held various senior positions within the Olav Thon Gruppen since 1990, and was Member of Corporationrationrate Management since 1992. He also holds a number of Board Member positions and other positions of trust. He is Member of the Board of Olav Thon Stiftelsen and Handelsbanken Norge, among others. He holds a MS degree in Economics from Copenhagen Business School . since 2000.
Age 63
Tenure 24 years
Phone47 23 08 00 00
Webhttps://www.olt.no

Olav Thon Management Efficiency

The company has return on total asset (ROA) of 0.0296 % which means that it generated a profit of $0.0296 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1523 %, meaning that it generated $0.1523 on every $100 dollars invested by stockholders. Olav Thon's management efficiency ratios could be used to measure how well Olav Thon manages its routine affairs as well as how well it operates its assets and liabilities.
Olav Thon Eien has accumulated 17.14 B in total debt with debt to equity ratio (D/E) of 90.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Olav Thon Eien has a current ratio of 0.2, 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 Olav Thon until it has trouble settling it off, either with new capital or with free cash flow. So, Olav Thon'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 Olav Thon Eien sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Olav to invest in growth at high rates of return. When we think about Olav Thon's use of debt, we should always consider it together with cash and equity.
Olav Thon Eiendomsselskap ASA engages in the property rental business in Norway and Sweden. Olav Thon Eiendomsselskap ASA was founded in 1982 and is based in Oslo, Norway. OLAV THON operates under Retail And Malls Real Estate classification in Norway and is traded on Oslo Stock Exchange. Olav Thon Eien (OLT) is traded on Oslo Stock Exchange in Norway and employs 9 people.

Management Performance

Olav Thon Eien Leadership Team

Elected by the shareholders, the Olav Thon's board of directors comprises two types of representatives: Olav Thon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Olav. The board's role is to monitor Olav Thon's management team and ensure that shareholders' interests are well served. Olav Thon'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, Olav Thon's outside directors are responsible for providing unbiased perspectives on the board's policies.

Olav Stock Performance Indicators

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Other Information on Investing in Olav Stock

Olav Thon financial ratios help investors to determine whether Olav 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 Olav with respect to the benefits of owning Olav Thon security.