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Novotek AB (OSTO:NTEK B) Gross-Profit-to-Asset % : 26.41% (As of Mar. 2024)


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What is Novotek AB 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. Novotek AB's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr114.0 Mil. Novotek AB's average Total Assets over the quarter that ended in Mar. 2024 was kr431.6 Mil. Therefore, Novotek AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 26.41%.


Novotek AB Gross-Profit-to-Asset % Historical Data

The historical data trend for Novotek AB'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.

Novotek AB Gross-Profit-to-Asset % Chart

Novotek AB 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 26.83 24.77 27.05 22.11 24.52

Novotek AB 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 22.12 25.50 18.53 39.65 26.41

Competitive Comparison of Novotek AB's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, Novotek AB'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.


Novotek AB's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Novotek AB's Gross-Profit-to-Asset % distribution charts can be found below:

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



Novotek AB Gross-Profit-to-Asset % Calculation

Novotek AB'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 )
=104.594/( (414.549+438.749)/ 2 )
=104.594/426.649
=24.52 %

Novotek AB'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 )
=114/( (438.749+424.4)/ 2 )
=114/431.5745
=26.41 %

* 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.


Novotek AB Gross-Profit-to-Asset % Related Terms

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Novotek AB (OSTO:NTEK B) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Hojdrodergatan 18, Box 16014, Malmo, SWE, 212 39
Novotek AB delivers industrial-IT and automation solutions based on standard products and components. The company products are used in Energy, Food, Drug, Petro and chemical, Metal, Manufacturing, Paper and Mass, Infrastructure, Water and Drainage, and Building Automation industries. Its solution includes process optimization, energy monitoring, industrial data provider, production planning, version management, Kepware OPC communication platform, cyber security for production and process networks and others.

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