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Norrhydro Group Oyj (OHEL:NORRH) Gross-Profit-to-Asset % : 36.90% (As of Dec. 2023)


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What is Norrhydro Group Oyj 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. Norrhydro Group Oyj's annualized Gross Profit for the quarter that ended in Dec. 2023 was €9.57 Mil. Norrhydro Group Oyj's average Total Assets over the quarter that ended in Dec. 2023 was €25.94 Mil. Therefore, Norrhydro Group Oyj's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 36.90%.


Norrhydro Group Oyj Gross-Profit-to-Asset % Historical Data

The historical data trend for Norrhydro Group Oyj'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.

Norrhydro Group Oyj Gross-Profit-to-Asset % Chart

Norrhydro Group Oyj Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
65.67 71.36 58.90 50.51 49.58

Norrhydro Group Oyj Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only 58.98 63.19 43.76 61.90 36.90

Competitive Comparison of Norrhydro Group Oyj's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Norrhydro Group Oyj'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.


Norrhydro Group Oyj's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Norrhydro Group Oyj's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Norrhydro Group Oyj's Gross-Profit-to-Asset % falls into.



Norrhydro Group Oyj Gross-Profit-to-Asset % Calculation

Norrhydro Group Oyj'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 )
=13.211/( (27.925+25.365)/ 2 )
=13.211/26.645
=49.58 %

Norrhydro Group Oyj's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=9.572/( (26.514+25.365)/ 2 )
=9.572/25.9395
=36.90 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Norrhydro Group Oyj (OHEL:NORRH) Business Description

Traded in Other Exchanges
Address
Ratavartijankatu 2, P.O.Box 8075, Rovaniemi, FIN, 96100
Norrhydro Group Oyj is a provider of hydraulic cylinders in the Nordic countries. The company develops and manufactures hydraulic solutions for the needs of the forest machine, material handling, mining, civil engineering, and marine industries.

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