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Gjensidige Forsikring ASA (FRA:XGJ) Gross-Profit-to-Asset % : 24.94% (As of Mar. 2024)


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What is Gjensidige 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. Gjensidige Forsikring ASA's annualized Gross Profit for the quarter that ended in Mar. 2024 was €3,380 Mil. Gjensidige Forsikring ASA's average Total Assets over the quarter that ended in Mar. 2024 was €13,551 Mil. Therefore, Gjensidige Forsikring ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 24.94%.


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

The historical data trend for Gjensidige 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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Gjensidige Forsikring ASA Gross-Profit-to-Asset % Chart

Gjensidige 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 21.46 24.67 26.61 23.13 26.74

Gjensidige 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 27.03 23.73 26.92 31.80 24.94

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

For the Insurance - Property & Casualty subindustry, Gjensidige 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.


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

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

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



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

Gjensidige 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 )
=3359.949/( (12237.718+12889.32)/ 2 )
=3359.949/12563.519
=26.74 %

Gjensidige 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 )
=3380.18/( (12889.32+14212.08)/ 2 )
=3380.18/13550.7
=24.94 %

* 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.


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

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Gjensidige Forsikring ASA (FRA:XGJ) Business Description

Traded in Other Exchanges
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring ASA is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA (FRA:XGJ) Headlines

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