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Andersen & Martini Holding A/S (CHIX:AMBC) Gross Margin % : 10.76% (As of Jun. 2020)


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What is Andersen & Martini Holding A/S Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Andersen & Martini Holding A/S's Gross Profit for the six months ended in Jun. 2020 was kr45.1 Mil. Andersen & Martini Holding A/S's Revenue for the six months ended in Jun. 2020 was kr419.5 Mil. Therefore, Andersen & Martini Holding A/S's Gross Margin % for the quarter that ended in Jun. 2020 was 10.76%.


The historical rank and industry rank for Andersen & Martini Holding A/S's Gross Margin % or its related term are showing as below:


CHIX:AMBc's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.88
* Ranked among companies with meaningful Gross Margin % only.

Andersen & Martini Holding A/S had a gross margin of 10.76% for the quarter that ended in Jun. 2020 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Andersen & Martini Holding A/S was 0.00% per year.


Andersen & Martini Holding A/S Gross Margin % Historical Data

The historical data trend for Andersen & Martini Holding A/S'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.

Andersen & Martini Holding A/S Gross Margin % Chart

Andersen & Martini Holding A/S Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.54 11.01 11.73 11.95 12.26

Andersen & Martini Holding A/S Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 10.94 13.12 11.89 12.66 10.76

Competitive Comparison of Andersen & Martini Holding A/S's Gross Margin %

For the Auto & Truck Dealerships subindustry, Andersen & Martini Holding A/S'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.


Andersen & Martini Holding A/S's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Andersen & Martini Holding A/S's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Andersen & Martini Holding A/S's Gross Margin % falls into.



Andersen & Martini Holding A/S Gross Margin % Calculation

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

Andersen & Martini Holding A/S's Gross Margin for the fiscal year that ended in Dec. 2019 is calculated as

Gross Margin % (A: Dec. 2019 )=Gross Profit (A: Dec. 2019 ) / Revenue (A: Dec. 2019 )
=94.8 / 772.971
=(Revenue - Cost of Goods Sold) / Revenue
=(772.971 - 678.172) / 772.971
=12.26 %

Andersen & Martini Holding A/S's Gross Margin for the quarter that ended in Jun. 2020 is calculated as


Gross Margin % (Q: Jun. 2020 )=Gross Profit (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=45.1 / 419.504
=(Revenue - Cost of Goods Sold) / Revenue
=(419.504 - 374.379) / 419.504
=10.76 %

* 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.


Andersen & Martini Holding A/S  (CHIX:AMBc) 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

Andersen & Martini Holding A/S had a gross margin of 10.76% for the quarter that ended in Jun. 2020 => 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.


Andersen & Martini Holding A/S Gross Margin % Related Terms

Thank you for viewing the detailed overview of Andersen & Martini Holding A/S's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Andersen & Martini Holding A/S (CHIX:AMBC) Business Description

Traded in Other Exchanges
N/A
Address
AGENAVEJ 15, Greve, DNK, 2670
Andersen & Martini A/S is engaged in the operation of car dealerships. The company is active within the trade leasing and rental of new and used car for private use and business purposes. Its product includes, opel, Saab, Kia, Fiat, Cadillac, among others. It also provides car repair, leasing services.

Andersen & Martini Holding A/S (CHIX:AMBC) Headlines

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