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Isfelag hfs (OISE:ISF) Gross Profit : kr9,526 Mil (TTM As of Dec. 2023)


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What is Isfelag hfs Gross Profit?

Isfelag hfs's gross profit for the six months ended in Dec. 2023 was kr4,049 Mil. Isfelag hfs's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was kr9,526 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Isfelag hfs's gross profit for the six months ended in Dec. 2023 was kr4,049 Mil. Isfelag hfs's Revenue for the six months ended in Dec. 2023 was kr10,231 Mil. Therefore, Isfelag hfs's Gross Margin % for the quarter that ended in Dec. 2023 was 39.58%.

Isfelag hfs had a gross margin of 39.58% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Isfelag hfs was 40.94%. The lowest was 35.53%. And the median was 39.78%.


Isfelag hfs Gross Profit Historical Data

The historical data trend for Isfelag hfs'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.

Isfelag hfs Gross Profit Chart

Isfelag hfs Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
4,369.86 7,179.04 9,263.22 9,525.66

Isfelag hfs Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23
Gross Profit - - - 5,476.28 4,049.38

Competitive Comparison of Isfelag hfs's Gross Profit

For the Packaged Foods subindustry, Isfelag hfs'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.


Isfelag hfs's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Isfelag hfs's Gross Profit distribution charts can be found below:

* The bar in red indicates where Isfelag hfs's Gross Profit falls into.



Isfelag hfs Gross Profit Calculation

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

Isfelag hfs's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=26812.868 - 17287.208
=9,526

Isfelag hfs's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=10231.168 - 6181.791
=4,049

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr9,526 Mil.

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

Isfelag hfs'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,049 / 10231.168
=39.58 %

* 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.


Isfelag hfs  (OISE:ISF) 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

Isfelag hfs had a gross margin of 39.58% for the quarter that ended in Dec. 2023 => Competition eroding margins


Isfelag hfs Gross Profit Related Terms

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Isfelag hfs (OISE:ISF) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Tangagata 1, Vestmannaeyjar, ISL, 900
Isfelag is engaged in fishing and the processing of marine products. It is active in Iceland in the field of fishing and processing of pelagic species and production of fishmeal and fish oil and also produces sea-frozen seafood. Its products include COD fish, HADDOCK fish, SAITHE fish, CAPELIN fish, MACKEREL fish, HERRING fish etc.

Isfelag hfs (OISE:ISF) Headlines

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