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Norbit ASA (OSTO:NORBITO) Allowance For Loans And Lease Losses


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What is Norbit ASA Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Norbit ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Norbit ASA (OSTO:NORBITo) » Definitions » Allowance For Loans And Lease Losses
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Stiklestadveien 1, Trondheim, NOR, NO-7041
Norbit ASA is l provider of tailored technology to selected applications by solving challenges through solutions. It operates in three segments namely, the Oceans segment which delivers tailored technology and solutions to the maritime markets, Connectivity (ITS) segment which offers tailored connectivity solutions based on short-range communication technology to intelligent traffic systems and truck applications, and The Product, Innovation & Realization (PIR) segment offers R&D services and contract manufacturing services to key customers. It has manufacturing facilities in Selbu and Roros. It derives maximum revenue from Oceans Segment.