Egil Friestad - Borgestad CEO of Borgestad Industries AS

BOR Stock  NOK 0.42  0.01  2.33%   

CEO

Mr. Egil Friestad was Chief Executive Officer of Borgestad Industries AS within Borgestad ASA since 2000. He holds Master degree in Economics and Business Administration from Lunds Universitet. He was active in the Hoganas group since 1976 in various senior positions and in 1992 became CEO of Hoganas Bjuf AB. since 2000.
Age 70
Tenure 24 years
Phone47 35 54 24 00
Webhttps://borgestad.no

Borgestad Management Efficiency

The company has return on total asset (ROA) of 0.0214 % which means that it generated a profit of $0.0214 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.035) %, meaning that it generated substantial loss on money invested by shareholders. Borgestad's management efficiency ratios could be used to measure how well Borgestad manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 707.29 M in total debt with debt to equity ratio (D/E) of 221.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Borgestad A has a current ratio of 1.18, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Borgestad until it has trouble settling it off, either with new capital or with free cash flow. So, Borgestad'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 Borgestad A sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Borgestad to invest in growth at high rates of return. When we think about Borgestad's use of debt, we should always consider it together with cash and equity.

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Borgestad ASA develops, manufactures, distributes, and installs refractory products in Norway. Its properties include Agora Bytom, a shopping center with a gross area of 52,000 square meters and a rental area of approximately 30,000 square meters, as well as a parking garage with 820 parking spaces in Poland and Borgestad Nringspark, a rented commercial premises used for the storage, production, and offices. BORGESTAD ASA operates under Diversified Conglomerates classification in Norway and is traded on Oslo Stock Exchange. Borgestad A (BOR) is traded on Oslo Stock Exchange in Norway and employs 222 people.

Management Performance

Borgestad A Leadership Team

Elected by the shareholders, the Borgestad's board of directors comprises two types of representatives: Borgestad inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Borgestad. The board's role is to monitor Borgestad's management team and ensure that shareholders' interests are well served. Borgestad'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, Borgestad's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pal Larsen, Group Chief Accountant
Niclas Sjoberg, Chief Segment
Eldar Myren, Group Controller
Egil Friestad, CEO of Borgestad Industries AS
Astrid Fjeld, IR Manager

Borgestad 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 Borgestad 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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When running Borgestad's price analysis, check to measure Borgestad'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 Borgestad is operating at the current time. Most of Borgestad's value examination focuses on studying past and present price action to predict the probability of Borgestad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Borgestad's price. Additionally, you may evaluate how the addition of Borgestad to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Borgestad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Borgestad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Borgestad'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.