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ABL Group ASA (OSL:ABL) Gross Margin % : 0.00% (As of Dec. 2023)


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What is ABL Group ASA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ABL Group ASA's Gross Profit for the three months ended in Dec. 2023 was kr714 Mil. ABL Group ASA's Revenue for the three months ended in Dec. 2023 was kr714 Mil. Therefore, ABL Group ASA's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for ABL Group ASA's Gross Margin % or its related term are showing as below:

OSL:ABL' s Gross Margin % Range Over the Past 10 Years
Min: 86.96   Med: 97.49   Max: 99.64
Current: 98.51


During the past 11 years, the highest Gross Margin % of ABL Group ASA was 99.64%. The lowest was 86.96%. And the median was 97.49%.

OSL:ABL's Gross Margin % is ranked better than
97.78% of 990 companies
in the Business Services industry
Industry Median: 34.395 vs OSL:ABL: 98.51

ABL Group ASA had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ABL Group ASA was 0.00% per year.


ABL Group ASA Gross Margin % Historical Data

The historical data trend for ABL Group ASA'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.

ABL Group ASA Gross Margin % Chart

ABL Group ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.74 98.08 97.49 98.01 -

ABL Group ASA Quarterly Data
Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.05 98.09 98.02 97.85 -

Competitive Comparison of ABL Group ASA's Gross Margin %

For the Specialty Business Services subindustry, ABL Group ASA'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.


ABL Group ASA's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ABL Group ASA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ABL Group ASA's Gross Margin % falls into.



ABL Group ASA Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

ABL Group ASA'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 )
=2650.4 / 2650.357
=(Revenue - Cost of Goods Sold) / Revenue
=(2650.357 - 0) / 2650.357
=N/A %

ABL Group ASA'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 )
=714.4 / 714.363
=(Revenue - Cost of Goods Sold) / Revenue
=(714.363 - 0) / 714.363
=N/A %

* 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.


ABL Group ASA  (OSL:ABL) 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

ABL Group ASA had a gross margin of N/A% 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.


ABL Group ASA Gross Margin % Related Terms

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ABL Group ASA (OSL:ABL) Business Description

Traded in Other Exchanges
Address
10 Lower Thames Street, 1st Floor, Northern and Shell Building, London, GBR, EC3R 6EN
ABL Group ASA is an independent energy and marine consultant working in energy and oceans to de-risk and drive the energy transition across the renewables, maritime, and oil and gas sectors, offering its clients expertise across marine, engineering, and adjusting disciplines from more than 300 locations world wide. It has offices majorly in marine and offshore energy hubs in countries across Europe, Africa, the Americas, the Middle East, Asia, and Australia.