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Arctic Fish Holding AS (OSL:AFISH) Gross Profit : kr220.8 Mil (TTM As of Jun. 2023)


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What is Arctic Fish Holding AS Gross Profit?

Arctic Fish Holding AS's gross profit for the three months ended in Jun. 2023 was kr115.6 Mil. Arctic Fish Holding AS's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was kr220.8 Mil.

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%.

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

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%.


Arctic Fish Holding AS Gross Profit Historical Data

The historical data trend for Arctic Fish Holding AS's Gross Profit 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 Profit Chart

Arctic Fish Holding AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial -20.39 184.48 301.48 373.71 483.16

Arctic Fish Holding AS Quarterly Data
Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
Gross Profit 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 131.90 73.81 31.39 115.61 -

Competitive Comparison of Arctic Fish Holding AS's Gross Profit

For the Farm Products subindustry, Arctic Fish Holding AS's Gross Profit, along with its competitors' market caps and Gross Profit 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 Profit Distribution in the Consumer Packaged Goods Industry

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

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



Arctic Fish Holding AS Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

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

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

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

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

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr220.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

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 )
=(Revenue - Cost of Goods Sold) / Revenue
=115.6 / 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 Profit 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


Arctic Fish Holding AS Gross Profit 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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