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Andfjordlmon Group AS (FRA:50R) Gross Margin % : -42.86% (As of Jun. 2024)


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What is Andfjordlmon Group AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Andfjordlmon Group AS's Gross Profit for the three months ended in Jun. 2024 was €-0.00 Mil. Andfjordlmon Group AS's Revenue for the three months ended in Jun. 2024 was €0.01 Mil. Therefore, Andfjordlmon Group AS's Gross Margin % for the quarter that ended in Jun. 2024 was -42.86%.


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

FRA:50R' s Gross Margin % Range Over the Past 10 Years
Min: -40.1   Med: 0.95   Max: 0.95
Current: -40.1


During the past 7 years, the highest Gross Margin % of Andfjordlmon Group AS was 0.95%. The lowest was -40.10%. And the median was 0.95%.

FRA:50R's Gross Margin % is ranked worse than
98.65% of 1854 companies
in the Consumer Packaged Goods industry
Industry Median: 25.215 vs FRA:50R: -40.10

Andfjordlmon Group AS had a gross margin of -42.86% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

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


Andfjordlmon Group AS Gross Margin % Historical Data

The historical data trend for Andfjordlmon Group 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.

Andfjordlmon Group AS Gross Margin % Chart

Andfjordlmon Group AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial - - - - 0.96

Andfjordlmon Group AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 37.18 -31.87 - -80.00 -42.86

Competitive Comparison of Andfjordlmon Group AS's Gross Margin %

For the Farm Products subindustry, Andfjordlmon Group 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.


Andfjordlmon Group AS's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Andfjordlmon Group AS's Gross Margin % distribution charts can be found below:

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



Andfjordlmon Group AS Gross Margin % Calculation

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

Andfjordlmon Group 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 )
=0 / 3.24
=(Revenue - Cost of Goods Sold) / Revenue
=(3.24 - 3.209) / 3.24
=0.96 %

Andfjordlmon Group AS's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=-0 / 0.007
=(Revenue - Cost of Goods Sold) / Revenue
=(0.007 - 0.01) / 0.007
=-42.86 %

* 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.


Andfjordlmon Group AS  (FRA:50R) 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

Andfjordlmon Group AS had a gross margin of -42.86% for the quarter that ended in Jun. 2024 => 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.


Andfjordlmon Group AS Gross Margin % Related Terms

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Andfjordlmon Group AS Business Description

Traded in Other Exchanges
Address
Kvalnesveien 69, Dverberg, Vesterålen, NOR, 8485
Andfjord Salmon AS is a Norwegian company engaged in salmon farming. The company's farming facility is located on Andoya, the northernmost island in the Arctic Archipelago of Lofoten, Vesteralen.

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