Hynion AS (OSL:HYN) Gross Profit: kr1.50 Mil (TTM As of Jun. 2024)

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What is Hynion AS Gross Profit?

Hynion AS OSL:HYN Gross Profit is kr1.50 Mil as of Jun. 2024.

Hynion AS's gross profit for the six months ended in Jun. 2024 was kr1.78 Mil. Hynion AS's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was kr1.50 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hynion AS's gross profit for the six months ended in Jun. 2024 was kr1.78 Mil. Hynion AS's Revenue for the six months ended in Jun. 2024 was kr3.96 Mil. Therefore, Hynion AS's Gross Margin % for the quarter that ended in Jun. 2024 was 44.92%.

Hynion AS had a gross margin of 44.92% for the quarter that ended in Jun. 2024 => Durable competitive advantage

Hynion AS  (OSL:HYN) 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

Hynion AS had a gross margin of 44.92% for the quarter that ended in Jun. 2024 => Durable competitive advantage

Hynion AS Gross Profit Related Terms

Hynion AS Gross Profit Historical Data

* Premium members only.

The historical data trend for Hynion 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.

Hynion AS Gross Profit Chart

Hynion AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
-0.12 -0.97 -2.70 -3.83 -2.01

Hynion AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross Profit Get a 7-Day Free Trial Premium Member Only -1.37 -2.46 -1.73 -0.28 1.78

OSL:HYN vs TSCO, WSM, ULTA: Gross Profit Comparison

For the Specialty Retail subindustry, Hynion 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.

Hynion AS Gross Profit vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hynion AS's Gross Profit distribution charts can be found below:

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


Hynion AS Gross Profit Calculation

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

Hynion 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
=4.631 - 6.64
=-2.01

Hynion 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
=3.956 - 2.179
=1.78

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr1.50 Mil.

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

Hynion 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
=1.78 / 3.956
=44.92 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of kr1.50 Mil mean?
Hynion AS (OSL:HYN) has a Gross Profit of kr1.50 Mil as of Jun. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on Hynion AS and its competitors.
Is Hynion AS's Gross Profit too high?
Hynion AS's current Gross Profit is kr1.50 Mil.
How does Hynion AS's Gross Profit compare to TSCO and WSM?
Hynion AS's Gross Profit of kr1.50 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Retail - Cyclical company?
A good Gross Profit depends on the Retail - Cyclical industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Hynion AS and its competitors. Hynion AS's current Gross Profit is kr1.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hynion AS stock overvalued right now?
Hynion AS (OSL:HYN) has a current Gross Profit of kr1.50 Mil. The current Gross Profit is kr1.50 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Hynion AS (OSL:HYN), the current Gross Profit is kr1.50 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hynion AS Business Description

Address Sandviksveien 17, P.O. box 526, Hovik, NOR, 1363
Hynion AS is a hydrogen fuel company whose main business is to sell hydrogen fuel through hydrogen stations owned by the company. The company designs, builds, owns, and operates hydrogen fuel stations. The company has four hydrogen stations, one in Norway and three in Sweden.