Steinar Sonsteby - Atea ASA Chief Officer

ATEA Stock  NOK 131.00  0.40  0.30%   

Executive

Mr. Steinar Sonsteby was Chief Executive Officer of Atea ASA since February 2014. He has also been appointed Interim Country Manager of Atea Norway within the Company for a period from April 2015 until February 2016. Before that, he was Executive Senior Vice President Sales and Product of the Company since October 1, 2012. Previously, he was Managing Director of Atea AS within Atea ASA from 2006 until 2012. He was employed by the Company since 1997 and has previously held various managerial positions in the Ementor Group. He was also Sales and Marketing Manager as well as Chief Executive Officer at Skrivervik Data AS, as well as Section Manager and Systems Analyst at NPC Civil AS. He holds degree in Mechanical Design from Oslo College of Engineering and a MS degree in Mechanical Engineering from the University of Utah, as well as a degree in Finance from Handelshoyskolen BI. since 2016.
Age 61
Tenure 8 years
Phone47 22 09 50 00
Webhttps://www.atea.com

Atea ASA Management Efficiency

The company has return on total asset (ROA) of 0.0441 % which means that it generated a profit of $0.0441 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2336 %, meaning that it generated $0.2336 on every $100 dollars invested by stockholders. Atea ASA's management efficiency ratios could be used to measure how well Atea ASA manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.51 B in total debt with debt to equity ratio (D/E) of 71.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Atea ASA has a current ratio of 0.81, 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 Atea ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Atea ASA'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 Atea ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Atea to invest in growth at high rates of return. When we think about Atea ASA's use of debt, we should always consider it together with cash and equity.
Atea ASA supplies IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions. The company was founded in 1968 and is headquartered in Oslo, Norway. ATEA ASA operates under Computers Phones And Devices classification in Norway and is traded on Oslo Stock Exchange. It employs 7419 people. Atea ASA (ATEA) is traded on Oslo Stock Exchange in Norway and employs 8,073 people.

Management Performance

Atea ASA Leadership Team

Elected by the shareholders, the Atea ASA's board of directors comprises two types of representatives: Atea ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atea. The board's role is to monitor Atea ASA's management team and ensure that shareholders' interests are well served. Atea ASA'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, Atea ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Arunas Bartusevicius, Managing Director of Atea Uab (Baltics)
Teodora Macikune, Investor Relations Manager
Steinar Sonsteby, Chief Officer
Lisbeth Kvan, Director
Lorna Stangeland, Vice President for Supply Chain Management
Linus Wallin, Managing Sweden
Truls Berntsen, Director, Employee Representative
Morten Felding, Managing Director of Atea A/S
Marthe Dyrud, Director, Employee Representative
August Baumann, Senior Vice President Business Development, Vendor Management, Support Functions, Group Projects
Sven Madsen, Director
Marianne Urdahl, Director, Employee Representative
Tommy Odegaard, Senior Vice President
Ole Saxrud, Managing Director
CarlJohan Hultenheim, Managing Director of Atea Sverige AB
Robert Giori, Chief Officer
Saloume Djoudat, Director
Kathrine Forsberg, Managing Denmark
Morten Jurs, Independent Director
Ib Kunoee, Chairman of the Board
Stig Penne, Director, Employee Representative
Ole Fjellestad, Group Accountant
Michael Jacobs, Country Manager of Atea Norway
Ignas Bartkus, Group Controller
Juha Sihvonen, Managing Director of Atea Oy (Finland)

Atea 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 Atea ASA 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Atea ASA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Atea ASA's short interest history, or implied volatility extrapolated from Atea ASA options trading.

Pair Trading with Atea ASA

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 Atea ASA 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 Atea ASA will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Atea ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atea ASA 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 Atea ASA - 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 Atea ASA to buy it.
The correlation of Atea ASA 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 Atea ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atea ASA 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 Atea ASA 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atea ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Atea ASA's price analysis, check to measure Atea ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atea ASA is operating at the current time. Most of Atea ASA's value examination focuses on studying past and present price action to predict the probability of Atea ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atea ASA's price. Additionally, you may evaluate how the addition of Atea ASA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Atea ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atea ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atea ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.