Arne Helland - Spectrum ASA Executive VP of Strategy and Bus. Devel.

EVP

Mr. Arne Helland was appointed as Executive Vice President Strategy and Business Development in Spectrum ASA effective as of May 1 2012. Mr. Helland was Chief Financial Officer of TGSNOPEC Geophysical Company from 19982010 and worked in Petroleum Geo Services from 19931996. Prior to this he spent 10 years with Norsk Data in Norway France and Germany and 2 years with The Council of Europe in Strasbourg France. Mr. Helland holds an MBE from BI Norwegian Business School. since 2012.
Age 57
Tenure 12 years
Phone47 23 01 49 60
Webhttp://www.spectrumgeo.com

Spectrum ASA Management Efficiency

The company has return on total asset (ROA) of 11.18 % which means that it generated a profit of $11.18 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on equity (ROE) of 23.23 %, meaning that it generated $23.23 on every $100 dollars invested by stockholders. Spectrum ASA's management efficiency ratios could be used to measure how well Spectrum ASA manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 25.96 M in total debt with debt to equity ratio (D/E) of 14.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Spectrum ASA has a current ratio of 0.83, 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 Spectrum ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Spectrum 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 Spectrum ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spectrum to invest in growth at high rates of return. When we think about Spectrum ASA's use of debt, we should always consider it together with cash and equity.
Spectrum ASA produces and sells multi-client seismic surveys and seismic data imaging for multi-client survey and proprietary customers in the oil and gas market. As of August 14, 2019, Spectrum ASA operates as a subsidiary of TGS-NOPEC Geophysical Company ASA. SPECTRUM ASA is traded on BATS Exchange in USA. Spectrum ASA [SPTYF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Spectrum ASA Leadership Team

Elected by the shareholders, the Spectrum ASA's board of directors comprises two types of representatives: Spectrum ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spectrum. The board's role is to monitor Spectrum ASA's management team and ensure that shareholders' interests are well served. Spectrum 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, Spectrum ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jogeir Romestrand, Director
Glen Rodland, Chairman of the Board of Directors
Arne Helland, Executive VP of Strategy and Bus. Devel.
Jan Schoolmeesters, COO
Kim Maver, Executive Vice President North-West Europe
Maria Tallaksen, Director
Ian Edwards, Executive Vice President North-West Europe and Asia Pacific
Graham Mayhew, Executive Vice President Multi-Client, Africa
Ingrid Leisner, Director
Mike Ball, Executive Vice President of Data Processing
Linda Myklebust, Director
Rune Eng, CEO and Pres
Henning Olset, CFO
Jorn Christiansen, CTO
Neil Hodgson, New Ventures Manager
Richie Miller, Executive VP of Multi-Client for Americas
Svein Staalen, General Counsel
David Rowlands, Executive VP of Multi-Client for EAME
Pal Stampe, Director

Spectrum Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Spectrum 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.

Currently Active Assets on Macroaxis

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Other Consideration for investing in Spectrum OTC Stock

If you are still planning to invest in Spectrum ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Spectrum ASA's history and understand the potential risks before investing.
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