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Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Gross Margin % : 24.95% (As of Feb. 2024)


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What is Olgeroin Egill Skallagrimsson hf Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Olgeroin Egill Skallagrimsson hf's Gross Profit for the three months ended in Feb. 2024 was kr2,576 Mil. Olgeroin Egill Skallagrimsson hf's Revenue for the three months ended in Feb. 2024 was kr10,323 Mil. Therefore, Olgeroin Egill Skallagrimsson hf's Gross Margin % for the quarter that ended in Feb. 2024 was 24.95%.


The historical rank and industry rank for Olgeroin Egill Skallagrimsson hf's Gross Margin % or its related term are showing as below:

OISE:OLGERD' s Gross Margin % Range Over the Past 10 Years
Min: 28.37   Med: 29.23   Max: 31.65
Current: 31.65


During the past 6 years, the highest Gross Margin % of Olgeroin Egill Skallagrimsson hf was 31.65%. The lowest was 28.37%. And the median was 29.23%.

OISE:OLGERD's Gross Margin % is ranked worse than
70.81% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 39.88 vs OISE:OLGERD: 31.65

Olgeroin Egill Skallagrimsson hf had a gross margin of 24.95% for the quarter that ended in Feb. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Olgeroin Egill Skallagrimsson hf was -0.20% per year.


Olgeroin Egill Skallagrimsson hf Gross Margin % Historical Data

The historical data trend for Olgeroin Egill Skallagrimsson hf'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.

Olgeroin Egill Skallagrimsson hf Gross Margin % Chart

Olgeroin Egill Skallagrimsson hf Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross Margin %
Get a 7-Day Free Trial 28.37 30.15 29.28 28.89 29.17

Olgeroin Egill Skallagrimsson hf Quarterly Data
Feb19 Feb20 Feb21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 24.18 39.85 31.20 30.27 24.95

Competitive Comparison of Olgeroin Egill Skallagrimsson hf's Gross Margin %

For the Beverages - Brewers subindustry, Olgeroin Egill Skallagrimsson hf'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.


Olgeroin Egill Skallagrimsson hf's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Olgeroin Egill Skallagrimsson hf's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Olgeroin Egill Skallagrimsson hf's Gross Margin % falls into.



Olgeroin Egill Skallagrimsson hf Gross Margin % Calculation

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

Olgeroin Egill Skallagrimsson hf's Gross Margin for the fiscal year that ended in Feb. 2024 is calculated as

Gross Margin % (A: Feb. 2024 )=Gross Profit (A: Feb. 2024 ) / Revenue (A: Feb. 2024 )
=13235.8 / 45375.363
=(Revenue - Cost of Goods Sold) / Revenue
=(45375.363 - 32139.567) / 45375.363
=29.17 %

Olgeroin Egill Skallagrimsson hf's Gross Margin for the quarter that ended in Feb. 2024 is calculated as


Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=2575.9 / 10323.038
=(Revenue - Cost of Goods Sold) / Revenue
=(10323.038 - 7747.138) / 10323.038
=24.95 %

* 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.


Olgeroin Egill Skallagrimsson hf  (OISE:OLGERD) 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

Olgeroin Egill Skallagrimsson hf had a gross margin of 24.95% for the quarter that ended in Feb. 2024 => Competition eroding margins


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.


Olgeroin Egill Skallagrimsson hf Gross Margin % Related Terms

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Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Business Description

Traded in Other Exchanges
N/A
Address
Grjothals 7-11, Reykjavík, ISL, 110
Olgeroin Egill Skallagrimsson hf produces, imports, distributes and sells beverages and food all over the country.

Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Headlines

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