The Kingfish Co NV (OSL:KING) Gross Margin % : 92.24% (As of Dec. 2023)

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What is The Kingfish Co NV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. The Kingfish Co NV's Gross Profit for the six months ended in Dec. 2023 was kr114.1 Mil. The Kingfish Co NV's Revenue for the six months ended in Dec. 2023 was kr123.6 Mil. Therefore, The Kingfish Co NV's Gross Margin % for the quarter that ended in Dec. 2023 was 92.24%.

The historical rank and industry rank for The Kingfish Co NV's Gross Margin % or its related term are showing as below:

OSL:KING' s Gross Margin % Range Over the Past 10 Years
Min: 37.79 Med: 47.16 Max: 1975.94
Current: 78.28

During the past 7 years, the highest Gross Margin % of The Kingfish Co NV was 1975.94%. The lowest was 37.79%. And the median was 47.16%.

OSL:KING's Gross Margin % is ranked better than
96.79% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.285 vs OSL:KING: 78.28

The Kingfish Co NV had a gross margin of 92.24% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for The Kingfish Co NV was 1.80% per year.

The Kingfish Co NV Gross Margin % Historical Data

The historical data trend for The Kingfish Co NV'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.

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The Kingfish Co NV Gross Margin % Chart

The Kingfish Co NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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47.16

42.63

37.79

44.01

78.39

The Kingfish Co NV Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial							41.82	40.53	46.86	65.06	92.24

Competitive Comparison of The Kingfish Co NV's Gross Margin %

For the Packaged Foods subindustry, The Kingfish Co NV'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.

The Kingfish Co NV's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kingfish Co NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where The Kingfish Co NV's Gross Margin % falls into.

The Kingfish Co NV Gross Margin % Calculation

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

The Kingfish Co NV'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 )
	=	197.6	/	252.058
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(252.058 - 54.461)	/	252.058
	=	78.39 %

The Kingfish Co NV's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	114.1	/	123.648
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(123.648 - 9.595)	/	123.648
	=	92.24 %

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.

The Kingfish Co NV (OSL:KING) 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

The Kingfish Co NV had a gross margin of 92.24% for the quarter that ended in Dec. 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.

The Kingfish Co NV Gross Margin % Related Terms

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The Kingfish Co NV (OSL:KING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Kingfish Co NV (OSL:KING) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

93G:Germany

Address

East Zeedijk 13, Kats, NLD, 4485 PM

Website

https://www.the-kingfish-company.com

The Kingfish Co NV is involved in seafood production, utilizing advanced land-based recirculating aquaculture system technology. It produces Yellowtail Kingfish which is their main source of revenue, a highly versatile seafood species with an active vertically integrated operation in the Netherlands. the Company engages in the production and supply of sustainable, safe and high quality seafood in its target markets.