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Norse Energy ASA (OSTO:NECO) Gross-Profit-to-Asset % : 0.63% (As of Sep. 2013)


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What is Norse Energy 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. Norse Energy ASA's annualized Gross Profit for the quarter that ended in Sep. 2013 was kr0.19 Mil. Norse Energy ASA's average Total Assets over the quarter that ended in Sep. 2013 was kr30.32 Mil. Therefore, Norse Energy ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2013 was 0.63%.


Norse Energy ASA Gross-Profit-to-Asset % Historical Data

The historical data trend for Norse Energy 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.

Norse Energy ASA Gross-Profit-to-Asset % Chart

Norse Energy ASA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 19.70 3.54 1.45 7.72 0.60

Norse Energy ASA Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -0.18 8.99 0.51 0.48 0.63

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

For the Oil & Gas E&P subindustry, Norse Energy 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.


Norse Energy ASA's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Norse Energy ASA's Gross-Profit-to-Asset % distribution charts can be found below:

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



Norse Energy ASA Gross-Profit-to-Asset % Calculation

Norse Energy ASA's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2012 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2012 )/( (Total Assets (A: Dec. 2011 )+Total Assets (A: Dec. 2012 ))/ count )
=1.442/( (426.865+51.85)/ 2 )
=1.442/239.3575
=0.60 %

Norse Energy ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2013 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Sep. 2013 ))/ count )
=0.192/( (59.352+1.283)/ 2 )
=0.192/30.3175
=0.63 %

* 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 (Sep. 2013) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Norse Energy ASA Gross-Profit-to-Asset % Related Terms

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Norse Energy ASA (OSTO:NECO) Business Description

Traded in Other Exchanges
N/A
Address
Munkedamsveien 35, 3rd floor, P.O. Box 1903, Oslo, NOR, 0250
Norse Energy Corp ASA and its subsidiaries are engaged in the acquisition, exploration and development of oil and natural gas properties in the US.

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