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M Vest Water AS (OSL:MVW) Gross Margin % : 15.41% (As of Dec. 2023)


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What is M Vest Water AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. M Vest Water AS's Gross Profit for the three months ended in Dec. 2023 was kr0.18 Mil. M Vest Water AS's Revenue for the three months ended in Dec. 2023 was kr1.19 Mil. Therefore, M Vest Water AS's Gross Margin % for the quarter that ended in Dec. 2023 was 15.41%.


The historical rank and industry rank for M Vest Water AS's Gross Margin % or its related term are showing as below:

OSL:MVW' s Gross Margin % Range Over the Past 10 Years
Min: -27.75   Med: 40.05   Max: 79.32
Current: 41.54


During the past 6 years, the highest Gross Margin % of M Vest Water AS was 79.32%. The lowest was -27.75%. And the median was 40.05%.

OSL:MVW's Gross Margin % is ranked better than
82.29% of 2942 companies
in the Industrial Products industry
Industry Median: 26.4 vs OSL:MVW: 41.54

M Vest Water AS had a gross margin of 15.41% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for M Vest Water AS was 0.00% per year.


M Vest Water AS Gross Margin % Historical Data

The historical data trend for M Vest Water 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.

M Vest Water AS Gross Margin % Chart

M Vest Water AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 67.57 27.47 -27.75 79.32 40.31

M Vest Water AS Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 65.01 38.16 55.92 38.43 15.41

Competitive Comparison of M Vest Water AS's Gross Margin %

For the Pollution & Treatment Controls subindustry, M Vest Water 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.


M Vest Water AS's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, M Vest Water AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where M Vest Water AS's Gross Margin % falls into.



M Vest Water AS Gross Margin % Calculation

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

M Vest Water 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 )
=4.4 / 11.008
=(Revenue - Cost of Goods Sold) / Revenue
=(11.008 - 6.571) / 11.008
=40.31 %

M Vest Water AS'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 )
=0.2 / 1.194
=(Revenue - Cost of Goods Sold) / Revenue
=(1.194 - 1.01) / 1.194
=15.41 %

* 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.


M Vest Water AS  (OSL:MVW) 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

M Vest Water AS had a gross margin of 15.41% for the quarter that ended in Dec. 2023 => No sustainable 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.


M Vest Water AS Gross Margin % Related Terms

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M Vest Water AS (OSL:MVW) Business Description

Traded in Other Exchanges
N/A
Address
Espehaugen 54, Blomsterdalen, Bergen, NOR, 5258
M Vest Water AS is an environmental technology company that has developed unique products and solutions for the water treatment industry, both in Industrial as well as Municipal markets. It is engaged in providing products and equipment utilized for the treatment and purification of water and wastewater. The company focuses on the oil and gas industry, although the available technology can be applied for cleaning water across various industries. The product portfolio of the company comprises of NorwaFloc, NORWAPOL, and AFM.

M Vest Water AS (OSL:MVW) Headlines

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