North Historical Income Statement

NRT Stock  USD 4.35  0.15  3.57%   
Historical analysis of North European income statement accounts such as Gross Profit of 17.3 M can show how well North European Oil performed in making a profits. Evaluating North European income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of North European's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining North European Oil latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether North European Oil is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North European Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About North Income Statement Analysis

North European Oil Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to North European shareholders. The income statement also shows North investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

North European Income Statement Chart

At this time, North European's Depreciation And Amortization is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 1.2 M in 2024, whereas Gross Profit is likely to drop slightly above 17.3 M in 2024.

Total Revenue

Total revenue comprises all receipts North European Oil generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of North European Oil minus its cost of goods sold. It is profit before North European operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from North European Oil operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of North European Oil is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from North European's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into North European Oil current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North European Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, North European's Depreciation And Amortization is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 1.2 M in 2024, whereas Gross Profit is likely to drop slightly above 17.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit12.5M21.1M24.2M17.3M
Total Revenue13.2M22.1M25.5M17.5M

North European income statement Correlations

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0.020.020.04-0.550.080.110.120.24-0.080.00.14-0.29-0.020.670.04-0.29-0.31-0.15
0.310.020.950.470.950.950.980.080.210.990.280.820.960.170.920.560.530.66
0.190.040.950.490.980.950.92-0.20.260.930.410.810.910.10.850.470.440.59
-0.09-0.550.470.490.450.420.33-0.310.330.420.130.730.46-0.610.460.530.520.32
0.180.080.950.980.450.970.93-0.160.30.950.370.750.940.140.880.460.430.62
0.140.110.950.950.420.970.95-0.050.240.960.320.720.940.170.90.460.430.61
0.380.120.980.920.330.930.950.150.120.990.320.70.960.320.920.470.440.61
0.410.240.08-0.2-0.31-0.16-0.050.15-0.140.11-0.45-0.180.020.550.220.270.280.16
-0.31-0.080.210.260.330.30.240.12-0.140.22-0.070.20.19-0.190.340.440.450.59
0.330.00.990.930.420.950.960.990.110.220.280.760.980.210.930.530.50.67
0.190.140.280.410.130.370.320.32-0.45-0.070.280.230.39-0.120.07-0.49-0.52-0.19
0.12-0.290.820.810.730.750.720.7-0.180.20.760.230.73-0.280.650.560.540.58
0.28-0.020.960.910.460.940.940.960.020.190.980.390.730.120.870.410.380.55
0.450.670.170.1-0.610.140.170.320.55-0.190.21-0.12-0.280.120.30.060.050.13
0.320.040.920.850.460.880.90.920.220.340.930.070.650.870.30.710.690.75
0.17-0.290.560.470.530.460.460.470.270.440.53-0.490.560.410.060.711.00.77
0.16-0.310.530.440.520.430.430.440.280.450.5-0.520.540.380.050.691.00.77
0.12-0.150.660.590.320.620.610.610.160.590.67-0.190.580.550.130.750.770.77
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North European Account Relationship Matchups

North European income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(2.9K)760.8K713.9K967.6K870.8K914.4K
Interest Expense618.5K790.6K2.9K641.0576.9548.05
Total Revenue4.1M4.6M13.2M22.1M25.5M17.5M
Gross Profit4.1M4.6M12.5M21.1M24.2M17.3M
Other Operating Expenses766.5K626.5K695.1K967.6K870.8K1.2M
Operating Income4.1M4.6M16.5M21.2M24.3M18.0M
Ebit4.1M4.6M16.4M20.1M23.1M17.6M
Ebitda4.0M5.4M17.1M21.1M24.2M17.6M
Cost Of Revenue766.5K626.5K695.1K1.1M1.2M1.3M
Total Operating Expenses(766.5K)(626.5K)695.1K967.6K1.1M1.2M
Net Income3.3M4.0M17.1M21.2M24.3M16.8M
Income Tax Expense(2.9K)(641.0)625.2K(10.5K)(12.1K)(12.7K)
Selling General Administrative766.5K626.5K713.9K967.6K1.1M897.6K
Income Before Tax3.3M4.0M17.1M21.2M19.1M13.9M
Net Income Applicable To Common Shares3.3M4.0M17.1M21.2M19.1M13.7M
Total Other Income Expense Net(763.7K)(625.9K)608.6K(10.5K)(9.5K)(9.9K)
Net Income From Continuing Ops3.3M4.0M17.1M21.2M24.3M25.6M
Interest Income2.9K640.02.2K125.0K143.8K150.9K
Net Interest Income2.9K641.02.2K125.0K143.8K150.9K

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When running North European's price analysis, check to measure North European's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy North European is operating at the current time. Most of North European's value examination focuses on studying past and present price action to predict the probability of North European's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North European's price. Additionally, you may evaluate how the addition of North European to your portfolios can decrease your overall portfolio volatility.