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Everfuel AS (OSL:EFUEL) Gross Profit : kr18.77 Mil (TTM As of Jun. 2024)


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What is Everfuel AS Gross Profit?

Everfuel AS's gross profit for the three months ended in Jun. 2024 was kr6.22 Mil. Everfuel AS's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was kr18.77 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Everfuel AS's gross profit for the three months ended in Jun. 2024 was kr6.22 Mil. Everfuel AS's Revenue for the three months ended in Jun. 2024 was kr9.53 Mil. Therefore, Everfuel AS's Gross Margin % for the quarter that ended in Jun. 2024 was 65.23%.

Everfuel AS had a gross margin of 65.23% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Everfuel AS was 87.04%. The lowest was -44.71%. And the median was -18.51%.


Everfuel AS Gross Profit Historical Data

The historical data trend for Everfuel AS'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.

Everfuel AS Gross Profit Chart

Everfuel AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 0.97 6.90 -0.73 -5.91 -30.56

Everfuel AS Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -29.14 -6.59 10.39 8.76 6.22

Competitive Comparison of Everfuel AS's Gross Profit

For the Specialty Chemicals subindustry, Everfuel AS'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.


Everfuel AS's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Everfuel AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Everfuel AS's Gross Profit falls into.


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Everfuel AS Gross Profit Calculation

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

Everfuel AS'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
=68.335 - 98.89
=-30.56

Everfuel AS's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=9.53 - 3.314
=6.22

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr18.77 Mil.

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

Everfuel AS's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.22 / 9.53
=65.23 %

* 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.


Everfuel AS  (OSL:EFUEL) 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

Everfuel AS had a gross margin of 65.23% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Everfuel AS Gross Profit Related Terms

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Everfuel AS Business Description

Traded in Other Exchanges
N/A
Address
Ost Hogildvej 4A, Herning, DNK, 7400
Everfuel AS owns and operates green hydrogen infrastructure and partners with vehicle OEMs to connect the entire hydrogen value chain and provide hydrogen fuel to enterprise customers under long-term contracts. The company operates hydrogen production (electrolyzers), hydrogen distribution, and hydrogen stations, serving mobility customers and industrial stakeholders with hydrogen on competitive, commercial terms. It offers all-inclusive hydrogen fueling solutions to buses, trucks, and taxis and delivery to vans, trains, private cars, and marine, as well as for industry stakeholders working with alternative hydrogen-based green fuels and Power to X-products.

Everfuel AS Headlines

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