Simen Jorgensen - Otovo AS CoFounder Officer

All Insiders . Norway . 
Stock . Otovo AS . Stakeholders . Insider . Simen Jorgensen
OTOVO Stock  NOK 0.67  0.02  2.90%   

Insider

Simen Jorgensen is CoFounder Officer of Otovo AS
Phone47 21 65 65 10
Webhttps://www.otovo.no

Otovo AS Management Efficiency

The company has return on total asset (ROA) of (0.2488) % which means that it has lost $0.2488 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.5931) %, meaning that it generated substantial loss on money invested by shareholders. Otovo AS's management efficiency ratios could be used to measure how well Otovo AS manages its routine affairs as well as how well it operates its assets and liabilities.
Otovo AS has accumulated 12.97 M in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Otovo AS until it has trouble settling it off, either with new capital or with free cash flow. So, Otovo AS'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 Otovo AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Otovo to invest in growth at high rates of return. When we think about Otovo AS's use of debt, we should always consider it together with cash and equity.

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Otovo AS develops and supplies solar cells for private and corporate customers in Norway, Sweden, and Italy. The company was founded in 2016 and is based in Oslo, Norway. OTOVO AS is traded on Oslo Stock Exchange in Norway. Otovo AS (OTOVO) is traded on Oslo Stock Exchange in Norway and employs 9 people.

Management Performance

Return On Equity-0.59
Return On Asset-0.25

Otovo AS Leadership Team

Elected by the shareholders, the Otovo AS's board of directors comprises two types of representatives: Otovo AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Otovo. The board's role is to monitor Otovo AS's management team and ensure that shareholders' interests are well served. Otovo AS'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, Otovo AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lars Ekeland, G Counsel
Paulina Ackermann, Managing Director
Inigo Amoribieta, Managing Director
Michal Karnibad, Chief Officer
Babak Tighnavard, Chief Officer
Andreas Thorsheim, GM CoFounder
Simen Jorgensen, CoFounder Officer
Pal Hvattum, Chief Officer
Petter Ulset, Chief Officer

Otovo 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 Otovo AS 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.
Return On Equity-0.59
Return On Asset-0.25
Profit Margin(0.47) %
Operating Margin(0.49) %
Current Valuation2.5 B
Shares Outstanding148.58 M
Shares Owned By Insiders45.29 %
Shares Owned By Institutions27.13 %
Price To Book4.35 X
Price To Sales4.89 X

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Other Information on Investing in Otovo Stock

Otovo AS financial ratios help investors to determine whether Otovo 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 Otovo with respect to the benefits of owning Otovo AS security.
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