Beerenberg AS (OSL:BBERG) ROCE % : 13.95% (As of Dec. 2023)

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What is Beerenberg AS 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. Beerenberg AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.95%.

Beerenberg AS ROCE % Historical Data

The historical data trend for Beerenberg AS'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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Beerenberg AS ROCE % Chart

Beerenberg AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

12.63

12.89

11.71

15.10

Beerenberg AS Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	8.19	18.76	14.58	13.95

Beerenberg AS ROCE % Calculation

Beerenberg AS'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 )
	=	140.793	/	( ( (1785.827 - 1171.609)	+	(1834.174 - 583.669) )	/ 2 )
	=	140.793	/	( (614.218	+	1250.505)	/ 2 )
	=	140.793	/	932.3615
	=	15.10 %

Beerenberg AS'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 )
	=	160.386	/	( ( (1799.6 - 750.8)	+	(1834.174 - 583.669) )	/ 2 )
	=	160.386	/	( ( 1048.8	+	1250.505 )	/ 2 )
	=	160.386	/	1149.6525
	=	13.95 %

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

Beerenberg AS (OSL:BBERG) 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.

Beerenberg AS ROCE % Related Terms

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Beerenberg AS (OSL:BBERG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Beerenberg AS (OSL:BBERG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ZA9:Germany

Address

Kokstaddalen 33, P.O.Box 273, Slåtthaug, Bergen, NOR, N-5851

Website

https://www.beerenberg.com

Beerenberg AS is a company engaged in contract work, production, industrial maintenance, trading, agency and commission work, and to take interests in other enterprises engaged in similar activities. Its Business activities include innovative service solutions for the oil and gas industry, covering the entire life cycle from field studies and newbuilds to maintenance, modifications, and lifetime extensions. The business area Services include Beerenberg´s core ISS disciplines Insulation, Scaffolding and Surface treatment, as well as passive fire protection, technical cleaning, rope access techniques, robotic surface treatment, architectural outfitting services.

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