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Otovo ASA (FRA:89K) Gross-Profit-to-Asset % : 14.61% (As of Dec. 2024)


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What is Otovo 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. Otovo ASA's annualized Gross Profit for the quarter that ended in Dec. 2024 was €14.02 Mil. Otovo ASA's average Total Assets over the quarter that ended in Dec. 2024 was €95.96 Mil. Therefore, Otovo ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 14.61%.


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

The historical data trend for Otovo 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.

Otovo ASA Gross-Profit-to-Asset % Chart

Otovo ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 9.47 9.81 14.12 20.00 11.14

Otovo ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22.62 10.00 12.24 10.06 14.61

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

For the Solar subindustry, Otovo 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.


Otovo ASA's Gross-Profit-to-Asset % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Otovo ASA's Gross-Profit-to-Asset % distribution charts can be found below:

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


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Otovo ASA Gross-Profit-to-Asset % Calculation

Otovo ASA's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=11.859/( (118.015+94.848)/ 2 )
=11.859/106.4315
=11.14 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=14.02/( (97.064+94.848)/ 2 )
=14.02/95.956
=14.61 %

* 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 (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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

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Otovo ASA Business Description

Industry
Traded in Other Exchanges
Address
Torggata 7, Oslo, NOR, 0181
Otovo ASA is an energy company. It is engaged in the development, commercialization and installation of renewable power, as well as taking ownership or providing business advice related to it. The Group's operating segments are The Marketplace, and Subscription SPV. The Marketplace segment consists of transactions relating to sale of solar panels and related products, while the Subscription segment consists of transactions related to customers subscribing to use solar panels and related products.

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