Prosafe SE (OSL:PRS) Research & Development : kr0 Mil (TTM As of Dec. 2023)

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What is Prosafe SE Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Prosafe SE's Research & Development for the three months ended in Dec. 2023 was kr0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was kr0 Mil.

Prosafe SE Research & Development Historical Data

The historical data trend for Prosafe SE's Research & Development 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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Prosafe SE Research & Development Chart

Prosafe SE Annual Data

Trend

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Research & Development

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Prosafe SE Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Prosafe SE Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0 Mil.

Prosafe SE (OSL:PRS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Prosafe SE Research & Development Related Terms

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Prosafe SE (OSL:PRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OSL:PRS) » Definitions » Research & Development

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Traded in Other Exchanges

PRSEF:USA PRSo:Sweden 1Q6:Germany

Address

Forusparken 2, Stavanger, NOR, 4031

Website

https://www.prosafe.com

Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.