In the magazine Kapital’s list of the 400 richest Norwegians, Andresen is ranked as number five, with a net worth equaling more than USD 3.27 billion.

He received a Bachelor of Arts degree in Government and Policy Studies from Dartmouth College in 1988, and an MBA in 1993 from the Rotterdam School of Management.

Today, Ferd owns Elopak, Aibel (50%), TeleComputing, Interwell and Swix Sport, among other companies, in addition to substantial portfolios of stock, hedge fund investments, Private Equity and property.

[8] In September 2006, Andresen famously attempted to acquire the Swiss packaging and former weapons producer SIG, by placing a bid of NOK 11 billion for 50.01% of the shares in the company.

Andresen's plan was to merge SIG with Ferd-owned Elopak, making it the world's second largest packaging manufacturer.

[11] He is Chairman of the Board of Ferd AS, and serves as a board member of Skandinaviska Enskilda Banken AB (SEB) in Sweden, NMI – Norwegian Microfinance Initiative, Junior Achievement –Young Enterprise, Europe, and Junior Achievement –Young Enterprise, Norway (Ungt Entreprenørskap).