Klappir Graenar Lausnir hf (OISE:KLAPP B) ROCE % : 9.99% (As of Dec. 2023)

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What is Klappir Graenar Lausnir hf ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Klappir Graenar Lausnir hf's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.99%.

Klappir Graenar Lausnir hf ROCE % Historical Data

The historical data trend for Klappir Graenar Lausnir hf's ROCE % 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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Klappir Graenar Lausnir hf ROCE % Chart

Klappir Graenar Lausnir hf Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-38.44

-7.73

2.00

-7.50

6.70

Klappir Graenar Lausnir hf Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial											-1.95	6.72	-21.06	3.04	9.99

Klappir Graenar Lausnir hf ROCE % Calculation

Klappir Graenar Lausnir hf's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	42.853	/	( ( (617.654 - 64.837)	+	(804.885 - 78.708) )	/ 2 )
	=	42.853	/	( (552.817	+	726.177)	/ 2 )
	=	42.853	/	639.497
	=	6.70 %

Klappir Graenar Lausnir hf's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	67.718	/	( ( (682.768 - 53.625)	+	(804.885 - 78.708) )	/ 2 )
	=	67.718	/	( ( 629.143	+	726.177 )	/ 2 )
	=	67.718	/	677.66
	=	9.99 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Klappir Graenar Lausnir hf (OISE:KLAPP B) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

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Klappir Graenar Lausnir hf (OISE:KLAPP B) Business Description

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Traded in Other Exchanges

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Address

Austurstraeti 17, Reykjavik, ISL, 101

Website

http://www.klappir.com

Klappir Graenar Lausnir hf develops, sells and implements software in the environmental field. The company's methodology and software solutions enable companies, municipalities and government to set measurable targets to reduce greenhouse gas emissions. Its software focuses on distribution of environmental information and carries out environmental analysis for organizations in all sectors, local authorities and government departments.

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