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Akastor ASA (OSL:AKAST) Gross-Profit-to-Asset % : 39.05% (As of Mar. 2024)


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What is Akastor 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. Akastor ASA's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr2,544.0 Mil. Akastor ASA's average Total Assets over the quarter that ended in Mar. 2024 was kr6,514.5 Mil. Therefore, Akastor ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 39.05%.


Akastor ASA Gross-Profit-to-Asset % Historical Data

The historical data trend for Akastor 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.

Akastor ASA Gross-Profit-to-Asset % Chart

Akastor ASA 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 25.57 3.17 6.57 2.58 1.20

Akastor ASA 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 3.54 3.30 3.34 -6.19 39.05

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

For the Oil & Gas Equipment & Services subindustry, Akastor 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.


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

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

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



Akastor ASA Gross-Profit-to-Asset % Calculation

Akastor ASA'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 )
=77/( (6804+6048)/ 2 )
=77/6426
=1.20 %

Akastor ASA'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 )
=2544/( (6048+6981)/ 2 )
=2544/6514.5
=39.05 %

* 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.


Akastor ASA Gross-Profit-to-Asset % Related Terms

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Akastor ASA (OSL:AKAST) Business Description

Industry
Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, NOR, 1366
Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.

Akastor ASA (OSL:AKAST) Headlines

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