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Aurora Eiendom AS (STU:IL7) Gross Margin % : 84.51% (As of Sep. 2024)


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What is Aurora Eiendom AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aurora Eiendom AS's Gross Profit for the three months ended in Sep. 2024 was €10.23 Mil. Aurora Eiendom AS's Revenue for the three months ended in Sep. 2024 was €12.10 Mil. Therefore, Aurora Eiendom AS's Gross Margin % for the quarter that ended in Sep. 2024 was 84.51%.


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

STU:IL7' s Gross Margin % Range Over the Past 10 Years
Min: 87.94   Med: 90.41   Max: 91.77
Current: 87.94


During the past 3 years, the highest Gross Margin % of Aurora Eiendom AS was 91.77%. The lowest was 87.94%. And the median was 90.41%.

STU:IL7's Gross Margin % is ranked better than
93.06% of 1642 companies
in the Real Estate industry
Industry Median: 36.155 vs STU:IL7: 87.94

Aurora Eiendom AS had a gross margin of 84.51% for the quarter that ended in Sep. 2024 => Durable competitive advantage

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


Aurora Eiendom AS Gross Margin % Historical Data

The historical data trend for Aurora Eiendom 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.

Aurora Eiendom AS Gross Margin % Chart

Aurora Eiendom AS Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
90.41 91.77 88.99

Aurora Eiendom AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 86.58 87.59 90.80 88.72 84.51

Competitive Comparison of Aurora Eiendom AS's Gross Margin %

For the Real Estate Services subindustry, Aurora Eiendom 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.


Aurora Eiendom AS's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aurora Eiendom AS's Gross Margin % distribution charts can be found below:

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



Aurora Eiendom AS Gross Margin % Calculation

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

Aurora Eiendom 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 )
=44.5 / 49.967
=(Revenue - Cost of Goods Sold) / Revenue
=(49.967 - 5.5) / 49.967
=88.99 %

Aurora Eiendom AS's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=10.2 / 12.104
=(Revenue - Cost of Goods Sold) / Revenue
=(12.104 - 1.875) / 12.104
=84.51 %

* 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.


Aurora Eiendom AS  (STU:IL7) 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

Aurora Eiendom AS had a gross margin of 84.51% for the quarter that ended in Sep. 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.


Aurora Eiendom AS Gross Margin % Related Terms

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Aurora Eiendom AS Business Description

Traded in Other Exchanges
Address
Oravegen 4, Surnadal, NOR, 6650
Aurora Eiendom AS is a Norwegian real estate company that owns, operates, and develops shopping destinations, and creates value for customers, tenants, and investors. The company owns and operates shopping centers in Norway and generates revenue in the form of rental income.

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