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Protector Forsikring ASA (OSL:PROT) Gross-Profit-to-Asset % : 53.00% (As of Mar. 2024)


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What is Protector Forsikring 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. Protector Forsikring ASA's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr11,722 Mil. Protector Forsikring ASA's average Total Assets over the quarter that ended in Mar. 2024 was kr22,116 Mil. Therefore, Protector Forsikring ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 53.00%.


Protector Forsikring ASA Gross-Profit-to-Asset % Historical Data

The historical data trend for Protector Forsikring 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.

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Protector Forsikring ASA Gross-Profit-to-Asset % Chart

Protector Forsikring 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 31.60 35.05 32.93 33.33 51.70

Protector Forsikring 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 54.89 41.87 45.47 59.04 53.00

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

For the Insurance - Specialty subindustry, Protector Forsikring 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.


Protector Forsikring ASA's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Protector Forsikring ASA's Gross-Profit-to-Asset % distribution charts can be found below:

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



Protector Forsikring ASA Gross-Profit-to-Asset % Calculation

Protector Forsikring 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 )
=9718.2/( (16719.1+20874.5)/ 2 )
=9718.2/18796.8
=51.70 %

Protector Forsikring 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 )
=11721.6/( (20874.5+23356.7)/ 2 )
=11721.6/22115.6
=53.00 %

* 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.


Protector Forsikring ASA Gross-Profit-to-Asset % Related Terms

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Protector Forsikring ASA (OSL:PROT) Business Description

Traded in Other Exchanges
Address
Stoperigata 2, PB 1351 Vika, Oslo, NOR, 0113
Protector Forsikring ASA provides a wide range of insurance products to companies and public organizations, primarily in Norway, Sweden, and Denmark. Protector's products include workers' compensation, group life, accident, health, property, motor, liability, cargo, and change of ownership insurance. Insurance premiums provide nearly all of the company's revenue. Protector's commercial business provides insurance for more than 5,000 companies, most of which have annual insurance premiums between NOK 100,000 and NOK 3 million. The public business provides coverage to more than 500 municipalities and 30 countries.

Protector Forsikring ASA (OSL:PROT) Headlines

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