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Arctic Fish Holding AS (OSL:AFISH) Gross Margin % : 508.17% (As of Jun. 2023)


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What is Arctic Fish Holding AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Arctic Fish Holding AS's Gross Profit for the three months ended in Jun. 2023 was kr115.6 Mil. Arctic Fish Holding AS's Revenue for the three months ended in Jun. 2023 was kr22.8 Mil. Therefore, Arctic Fish Holding AS's Gross Margin % for the quarter that ended in Jun. 2023 was 508.17%.


The historical rank and industry rank for Arctic Fish Holding AS's Gross Margin % or its related term are showing as below:

OSL:AFISH' s Gross Margin % Range Over the Past 10 Years
Min: -112.62   Med: 47.96   Max: 95.1
Current: 95.1


During the past 6 years, the highest Gross Margin % of Arctic Fish Holding AS was 95.10%. The lowest was -112.62%. And the median was 47.96%.

OSL:AFISH's Gross Margin % is ranked better than
99.17% of 1806 companies
in the Consumer Packaged Goods industry
Industry Median: 25.285 vs OSL:AFISH: 95.10

Arctic Fish Holding AS had a gross margin of 508.17% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Arctic Fish Holding AS was 0.00% per year.


Arctic Fish Holding AS Gross Margin % Historical Data

The historical data trend for Arctic Fish Holding AS's Gross Margin % 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.

Arctic Fish Holding AS Gross Margin % Chart

Arctic Fish Holding AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial -12.24 48.68 49.79 64.34 47.24

Arctic Fish Holding AS Quarterly Data
Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
Gross Margin % 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 152.05 65.51 32.44 508.17 -

Competitive Comparison of Arctic Fish Holding AS's Gross Margin %

For the Farm Products subindustry, Arctic Fish Holding AS's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Arctic Fish Holding AS's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Arctic Fish Holding AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Arctic Fish Holding AS's Gross Margin % falls into.



Arctic Fish Holding AS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Arctic Fish Holding AS's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=483.2 / 1022.728
=(Revenue - Cost of Goods Sold) / Revenue
=(1022.728 - 539.572) / 1022.728
=47.24 %

Arctic Fish Holding AS's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=115.6 / 22.751
=(Revenue - Cost of Goods Sold) / Revenue
=(22.751 - -92.863) / 22.751
=508.17 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Arctic Fish Holding AS  (OSL:AFISH) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Arctic Fish Holding AS had a gross margin of 508.17% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Arctic Fish Holding AS Gross Margin % Related Terms

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Arctic Fish Holding AS (OSL:AFISH) Business Description

Traded in Other Exchanges
Address
Sindragata 10, Isafjordur, ISL, 400
Arctic Fish Holding AS is a fish farming company. It is engaged in farming and marketing Atlantic salmon. The fish farming business includes smolt production, salmon farming, harvesting activities, and sales of harvested fish.

Arctic Fish Holding AS (OSL:AFISH) Headlines

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