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Eolus Vind AB (OSTO:EOLU B) Gross Margin % : 150.00% (As of Mar. 2024)


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What is Eolus Vind AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Eolus Vind AB's Gross Profit for the three months ended in Mar. 2024 was kr66 Mil. Eolus Vind AB's Revenue for the three months ended in Mar. 2024 was kr44 Mil. Therefore, Eolus Vind AB's Gross Margin % for the quarter that ended in Mar. 2024 was 150.00%.


The historical rank and industry rank for Eolus Vind AB's Gross Margin % or its related term are showing as below:

OSTO:EOLU B' s Gross Margin % Range Over the Past 10 Years
Min: 4.93   Med: 15.47   Max: 49.32
Current: 49.32


During the past 13 years, the highest Gross Margin % of Eolus Vind AB was 49.32%. The lowest was 4.93%. And the median was 15.47%.

OSTO:EOLU B's Gross Margin % is ranked better than
89.15% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs OSTO:EOLU B: 49.32

Eolus Vind AB had a gross margin of 150.00% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Eolus Vind AB was 7.70% per year.


Eolus Vind AB Gross Margin % Historical Data

The historical data trend for Eolus Vind AB'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.

Eolus Vind AB Gross Margin % Chart

Eolus Vind AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.75 18.97 4.93 13.12 43.63

Eolus Vind AB Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.05 35.65 134.65 104.52 150.00

Competitive Comparison of Eolus Vind AB's Gross Margin %

For the Engineering & Construction subindustry, Eolus Vind AB'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.


Eolus Vind AB's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Eolus Vind AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Eolus Vind AB's Gross Margin % falls into.



Eolus Vind AB Gross Margin % Calculation

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

Eolus Vind AB'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 )
=1004 / 2301
=(Revenue - Cost of Goods Sold) / Revenue
=(2301 - 1297) / 2301
=43.63 %

Eolus Vind AB's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=66 / 44
=(Revenue - Cost of Goods Sold) / Revenue
=(44 - -22) / 44
=150.00 %

* 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.


Eolus Vind AB  (OSTO:EOLU B) 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

Eolus Vind AB had a gross margin of 150.00% for the quarter that ended in Mar. 2024 => Durable 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.


Eolus Vind AB Gross Margin % Related Terms

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Eolus Vind AB (OSTO:EOLU B) Business Description

Traded in Other Exchanges
Address
Tredje Avenyen 3, Box 95, Hassleholm, SWE, 281 21
Eolus Vind AB is a wind power contractor in Sweden. The company is engaged in the development and construction of wind turbines for divestment or proprietary management. It is also engaged in project development activity which includes pre-study, project development, establishment, and sale of wind power facilities. Its project portfolio includes onshore wind, offshore wind, solar power, storage, and sea-based wind. The majority of its revenue comes from the project planning segment.

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