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Vilniaus Baldai AB (OVSE:VBL1L) Gross Margin % : 20.21% (As of Feb. 2024)


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What is Vilniaus Baldai AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vilniaus Baldai AB's Gross Profit for the three months ended in Feb. 2024 was €4.7 Mil. Vilniaus Baldai AB's Revenue for the three months ended in Feb. 2024 was €23.4 Mil. Therefore, Vilniaus Baldai AB's Gross Margin % for the quarter that ended in Feb. 2024 was 20.21%.


The historical rank and industry rank for Vilniaus Baldai AB's Gross Margin % or its related term are showing as below:

OVSE:VBL1L' s Gross Margin % Range Over the Past 10 Years
Min: -0.17   Med: 11.09   Max: 16.34
Current: 16.34


During the past 13 years, the highest Gross Margin % of Vilniaus Baldai AB was 16.34%. The lowest was -0.17%. And the median was 11.09%.

OVSE:VBL1L's Gross Margin % is ranked worse than
84.03% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.3 vs OVSE:VBL1L: 16.34

Vilniaus Baldai AB had a gross margin of 20.21% for the quarter that ended in Feb. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Vilniaus Baldai AB was 0.00% per year.


Vilniaus Baldai AB Gross Margin % Historical Data

The historical data trend for Vilniaus Baldai AB'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.

Vilniaus Baldai AB Gross Margin % Chart

Vilniaus Baldai AB Annual Data
Trend Dec13 Dec14 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.97 12.90 7.40 -0.17 7.91

Vilniaus Baldai AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.33 7.22 15.76 20.71 20.21

Competitive Comparison of Vilniaus Baldai AB's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Vilniaus Baldai AB'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.


Vilniaus Baldai AB's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vilniaus Baldai AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vilniaus Baldai AB's Gross Margin % falls into.



Vilniaus Baldai AB Gross Margin % Calculation

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

Vilniaus Baldai AB's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )=Gross Profit (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=7.7 / 97.868
=(Revenue - Cost of Goods Sold) / Revenue
=(97.868 - 90.122) / 97.868
=7.91 %

Vilniaus Baldai AB'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 )
=4.7 / 23.362
=(Revenue - Cost of Goods Sold) / Revenue
=(23.362 - 18.641) / 23.362
=20.21 %

* 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.


Vilniaus Baldai AB  (OVSE:VBL1L) 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

Vilniaus Baldai AB had a gross margin of 20.21% 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.


Vilniaus Baldai AB Gross Margin % Related Terms

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Vilniaus Baldai AB (OVSE:VBL1L) Business Description

Traded in Other Exchanges
N/A
Address
Pramones street 23, Guopstu k., Traku r., Vilnius, LTU, 21148
Vilniaus Baldai AB is a Lithuania-based manufacturer of lightweight construction cabinet furniture. It operates in one segment that is furniture which includes sales of raw materials and finished production. It derives the majority of its revenue from the sale of furniture in the European Union countries followed by non-European Union countries and Lithuania.

Vilniaus Baldai AB (OVSE:VBL1L) Headlines

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