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Goodtech ASA (OSL:GOD) Gross-Profit-to-Asset % : 99.74% (As of Mar. 2024)


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What is Goodtech ASA Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Goodtech ASA's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr574.8 Mil. Goodtech ASA's average Total Assets over the quarter that ended in Mar. 2024 was kr576.3 Mil. Therefore, Goodtech ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 99.74%.


Goodtech ASA Gross-Profit-to-Asset % Historical Data

The historical data trend for Goodtech ASA's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Goodtech ASA Gross-Profit-to-Asset % Chart

Goodtech ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.24 62.97 62.07 68.96 85.37

Goodtech ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.96 80.28 75.87 100.68 99.74

Competitive Comparison of Goodtech ASA's Gross-Profit-to-Asset %

For the Engineering & Construction subindustry, Goodtech ASA's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Goodtech ASA's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Goodtech ASA's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Goodtech ASA's Gross-Profit-to-Asset % falls into.



Goodtech ASA Gross-Profit-to-Asset % Calculation

Goodtech ASA's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=481.3/( (547.2+580.3)/ 2 )
=481.3/563.75
=85.37 %

Goodtech ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=574.8/( (580.3+572.3)/ 2 )
=574.8/576.3
=99.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Goodtech ASA Gross-Profit-to-Asset % Related Terms

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Goodtech ASA (OSL:GOD) Business Description

Traded in Other Exchanges
Address
Innspurten 15, Oslo, NOR, 0663
Goodtech ASA provides technical solutions in the field of electric, power technology and infrastructure. It also supplies automation products and streamlining solutions worldwide.

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