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Knox Energy Solutions AS (OSL:KNOX) Gross Profit : kr-12,549.27 Mil (TTM As of Dec. 2023)


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What is Knox Energy Solutions AS Gross Profit?

Knox Energy Solutions AS's gross profit for the six months ended in Dec. 2023 was kr-4,919.67 Mil. Knox Energy Solutions AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was kr-12,549.27 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Knox Energy Solutions AS's gross profit for the six months ended in Dec. 2023 was kr-4,919.67 Mil. Knox Energy Solutions AS's Revenue for the six months ended in Dec. 2023 was kr-550.00 Mil. Therefore, Knox Energy Solutions AS's Gross Margin % for the quarter that ended in Dec. 2023 was 894.48%.

Knox Energy Solutions AS had a gross margin of 894.48% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Knox Energy Solutions AS was -175.26%. The lowest was -21269.95%. And the median was -386.16%.

Warning Sign:

Knox Energy Solutions AS gross margin has been in long-term decline. The average rate of decline per year is -136.3%.


Knox Energy Solutions AS Gross Profit Historical Data

The historical data trend for Knox Energy Solutions 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.

Knox Energy Solutions AS Gross Profit Chart

Knox Energy Solutions AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial -2,440.62 -2,062.62 -2,475.26 -11,912.51 -12,549.27

Knox Energy Solutions AS Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only -2,367.82 -5,641.21 -6,271.30 -7,629.60 -4,919.67

Competitive Comparison of Knox Energy Solutions AS's Gross Profit

For the Marine Shipping subindustry, Knox Energy Solutions 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.


Knox Energy Solutions AS's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Knox Energy Solutions AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Knox Energy Solutions AS's Gross Profit falls into.



Knox Energy Solutions AS Gross Profit Calculation

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

Knox Energy Solutions 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
=59 - 12608.268
=-12,549.27

Knox Energy Solutions AS's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=-550 - 4369.666
=-4,919.67

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 kr-12,549.27 Mil.

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

Knox Energy Solutions AS'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
=-4,919.67 / -550
=894.48 %

* 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.


Knox Energy Solutions AS  (OSL:KNOX) 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

Knox Energy Solutions AS had a gross margin of 894.48% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Knox Energy Solutions AS Gross Profit Related Terms

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Knox Energy Solutions AS (OSL:KNOX) Business Description

Traded in Other Exchanges
Address
Stromso torg 4, Drammen, NOR, 3044
Hyon AS is a Norway-based company engaged in developing and delivering high-capacity hydrogen fueling systems for ships. The company transfers hydrogen from shore to the ships either as a stand-alone fueling solution or as an integrated solution combining production, storage, and distribution on a barge.

Knox Energy Solutions AS (OSL:KNOX) Headlines

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