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TopRight Nordic AB (NGM:TOPR) Gross Profit : kr12.9 Mil (TTM As of Sep. 2023)


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What is TopRight Nordic AB Gross Profit?

TopRight Nordic AB's gross profit for the three months ended in Sep. 2023 was kr-1.4 Mil. TopRight Nordic AB's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was kr12.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TopRight Nordic AB's gross profit for the three months ended in Sep. 2023 was kr-1.4 Mil. TopRight Nordic AB's Revenue for the three months ended in Sep. 2023 was kr14.4 Mil. Therefore, TopRight Nordic AB's Gross Margin % for the quarter that ended in Sep. 2023 was -9.95%.

TopRight Nordic AB had a gross margin of -9.95% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of TopRight Nordic AB was 93.43%. The lowest was 9.64%. And the median was 32.90%.

Warning Sign:

TopRight Nordic AB gross margin has been in long-term decline. The average rate of decline per year is -22.8%.


TopRight Nordic AB Gross Profit Historical Data

The historical data trend for TopRight Nordic AB's Gross Profit 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.

TopRight Nordic AB Gross Profit Chart

TopRight Nordic AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial 7.04 25.00 25.98 21.68 45.06

TopRight Nordic AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Profit 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 8.78 1.15 7.85 5.31 -1.44

Competitive Comparison of TopRight Nordic AB's Gross Profit

For the Security & Protection Services subindustry, TopRight Nordic AB's Gross Profit, along with its competitors' market caps and Gross Profit 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.


TopRight Nordic AB's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TopRight Nordic AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where TopRight Nordic AB's Gross Profit falls into.



TopRight Nordic AB Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

TopRight Nordic AB's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=276.66 - 231.6
=45.1

TopRight Nordic AB's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=14.42 - 15.855
=-1.4

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr12.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

TopRight Nordic AB's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=-1.4 / 14.42
=-9.95 %

* 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.


TopRight Nordic AB  (NGM:TOPR) Gross Profit 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

TopRight Nordic AB had a gross margin of -9.95% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


TopRight Nordic AB Gross Profit Related Terms

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TopRight Nordic AB (NGM:TOPR) Business Description

Traded in Other Exchanges
N/A
Address
Taptogatan 6, Stockholm, SWE, 115 26
TopRight Nordic AB is engaged in modern light technology and digital glass. The company's solutions improve road safety, help brands to be brand new and transform traditional exposure areas to interactive viewing windows. It has three business areas: BRIGHT Attention, BRIGHT Safety, and SMART Glass. BRIGHT Attention offers unique solutions to create attention. BRIGHT Safety offers standard products, customized solutions and safety kits with lighting technology that contribute to a safer existence on roads and for the professional teams working in the dark. SMART Glass offers glass surfaces that can become lighting, windows, wall and screen in one.

TopRight Nordic AB (NGM:TOPR) Headlines

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