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ABAS Protect AB (XSAT:ABAS) Gross Margin % : 32.01% (As of Dec. 2023)


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What is ABAS Protect AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ABAS Protect AB's Gross Profit for the three months ended in Dec. 2023 was kr8.7 Mil. ABAS Protect AB's Revenue for the three months ended in Dec. 2023 was kr27.1 Mil. Therefore, ABAS Protect AB's Gross Margin % for the quarter that ended in Dec. 2023 was 32.01%.


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

XSAT:ABAS' s Gross Margin % Range Over the Past 10 Years
Min: 42.15   Med: 43.89   Max: 45.81
Current: 43.89


During the past 5 years, the highest Gross Margin % of ABAS Protect AB was 45.81%. The lowest was 42.15%. And the median was 43.89%.

XSAT:ABAS's Gross Margin % is ranked better than
87.46% of 1611 companies
in the Construction industry
Industry Median: 19.23 vs XSAT:ABAS: 43.89

ABAS Protect AB had a gross margin of 32.01% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for ABAS Protect AB was 0.00% per year.


ABAS Protect AB Gross Margin % Historical Data

The historical data trend for ABAS Protect 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.

ABAS Protect AB Gross Margin % Chart

ABAS Protect AB Annual Data
Trend Nov19 Nov20 Nov21 Dec22 Dec23
Gross Margin %
44.56 42.15 43.50 45.81 43.89

ABAS Protect AB Quarterly Data
Nov19 Nov20 Nov21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only - 54.12 43.26 49.19 32.01

Competitive Comparison of ABAS Protect AB's Gross Margin %

For the Building Products & Equipment subindustry, ABAS Protect 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.


ABAS Protect AB's Gross Margin % Distribution in the Construction Industry

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

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



ABAS Protect AB Gross Margin % Calculation

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

ABAS Protect 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 )
=45.6 / 103.981
=(Revenue - Cost of Goods Sold) / Revenue
=(103.981 - 58.345) / 103.981
=43.89 %

ABAS Protect AB'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 )
=8.7 / 27.096
=(Revenue - Cost of Goods Sold) / Revenue
=(27.096 - 18.422) / 27.096
=32.01 %

* 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.


ABAS Protect AB  (XSAT:ABAS) 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

ABAS Protect AB had a gross margin of 32.01% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


ABAS Protect AB Gross Margin % Related Terms

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ABAS Protect AB (XSAT:ABAS) Business Description

Traded in Other Exchanges
N/A
Address
Gislavedsvagen 3, Ambjornarp, SWE, SE-514 93
ABAS Protect AB is a privately owned family business that specializes in manufacturing area protection. It serves the Swedish market with safety products. Its product offerings comprise Gates, Fence, Booms & Bollards, Home & Villa gates, and fences, Preschool & children's cottage gates and fences, and Other products.

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