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Lumi Gruppen AS (FRA:8KS) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Lumi Gruppen AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lumi Gruppen AS's Gross Profit for the three months ended in Dec. 2023 was €9.22 Mil. Lumi Gruppen AS's Revenue for the three months ended in Dec. 2023 was €9.22 Mil. Therefore, Lumi Gruppen AS'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 Lumi Gruppen AS's Gross Margin % or its related term are showing as below:


FRA:8KS's Gross Margin % is not ranked *
in the Education industry.
Industry Median: 47.56
* Ranked among companies with meaningful Gross Margin % only.

Lumi Gruppen AS 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 Lumi Gruppen AS was 0.00% per year.


Lumi Gruppen AS Gross Margin % Historical Data

The historical data trend for Lumi Gruppen 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.

Lumi Gruppen AS Gross Margin % Chart

Lumi Gruppen AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
- - - -

Lumi Gruppen AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Lumi Gruppen AS's Gross Margin %

For the Education & Training Services subindustry, Lumi Gruppen 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.


Lumi Gruppen AS's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Lumi Gruppen AS's Gross Margin % distribution charts can be found below:

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



Lumi Gruppen AS 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.)

Lumi Gruppen 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 )
=36.6 / 36.584
=(Revenue - Cost of Goods Sold) / Revenue
=(36.584 - 0) / 36.584
=N/A %

Lumi Gruppen AS'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 )
=9.2 / 9.219
=(Revenue - Cost of Goods Sold) / Revenue
=(9.219 - 0) / 9.219
=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.


Lumi Gruppen AS  (FRA:8KS) 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

Lumi Gruppen AS 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.


Lumi Gruppen AS Gross Margin % Related Terms

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Lumi Gruppen AS (FRA:8KS) Business Description

Traded in Other Exchanges
Address
Sandakerveien 116, Oslo, NOR, 0484
Lumi Gruppen AS is a private educational institution. Its focuses on each student and have a broad range of education programs both on-campus and online, from high school to vocational and university college. The company's segment includes Sonans; Oslo Nye Hoyskole; Ntech and others. It generates maximum revenue from the Sonans segment.

Lumi Gruppen AS (FRA:8KS) Headlines

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