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NFO Drives AB (XSAT:NFO) Gross-Profit-to-Asset % : 33.48% (As of Mar. 2024)


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What is NFO Drives 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. NFO Drives AB's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr9.54 Mil. NFO Drives AB's average Total Assets over the quarter that ended in Mar. 2024 was kr28.49 Mil. Therefore, NFO Drives AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 33.48%.


NFO Drives AB Gross-Profit-to-Asset % Historical Data

The historical data trend for NFO Drives 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.

NFO Drives AB Gross-Profit-to-Asset % Chart

NFO Drives 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 40.63 50.19 32.50 25.02 29.30

NFO Drives 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 30.91 34.04 25.54 24.75 33.48

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

For the Scientific & Technical Instruments subindustry, NFO Drives 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.


NFO Drives AB's Gross-Profit-to-Asset % Distribution in the Hardware Industry

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

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



NFO Drives AB Gross-Profit-to-Asset % Calculation

NFO Drives 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 )
=9.168/( (33.033+29.542)/ 2 )
=9.168/31.2875
=29.30 %

NFO Drives 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 )
=9.54/( (29.542+27.441)/ 2 )
=9.54/28.4915
=33.48 %

* 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.


NFO Drives AB Gross-Profit-to-Asset % Related Terms

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NFO Drives AB (XSAT:NFO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tubba Square 5, Karlshamn, SWE, 37432
NFO Drives AB is a technology company. The group is engaged in the development, manufacture, and marketing of NFO Sinus frequency inverters that are used to regulate the RPM of electric motors. Its product is used to control the speed of electric motors in machines, fans, and pumps. The company products are used in residential properties, industry, agricultural environment and hospital.

NFO Drives AB (XSAT:NFO) Headlines

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