Ocean Sun AS (OSL:OSUN) Gross Profit : kr3.45 Mil (TTM As of Dec. 2024)

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What is Ocean Sun AS Gross Profit?

Ocean Sun AS's gross profit for the three months ended in Dec. 2024 was kr1.25 Mil. Ocean Sun AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was kr3.45 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ocean Sun AS's gross profit for the three months ended in Dec. 2024 was kr1.25 Mil. Ocean Sun AS's Revenue for the three months ended in Dec. 2024 was kr1.52 Mil. Therefore, Ocean Sun AS's Gross Margin % for the quarter that ended in Dec. 2024 was 82.57%.

Ocean Sun AS had a gross margin of 82.57% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Ocean Sun AS was 89.33%. The lowest was -397.33%. And the median was -156.98%.

Ocean Sun AS Gross Profit Historical Data

The historical data trend for Ocean Sun 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.

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Ocean Sun AS Gross Profit Chart

Ocean Sun AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Profit

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-1.80

0.24

3.37

-2.58

3.45

Ocean Sun AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Profit	Get a 7-Day Free Trial															-0.83	0.28	0.86	1.06	1.25

Competitive Comparison of Ocean Sun AS's Gross Profit

For the Utilities - Renewable subindustry, Ocean Sun 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.

Ocean Sun AS's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ocean Sun AS's Gross Profit distribution charts can be found below:

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

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Ocean Sun AS Gross Profit Calculation

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

Ocean Sun AS's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	7.213	-	3.764
	=	3.45

Ocean Sun AS's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	1.515	-	0.264
	=	1.25

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr3.45 Mil.

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

Ocean Sun AS's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	1.25	/	1.515
	=	82.57 %

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.

Ocean Sun AS (OSL:OSUN) 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

Ocean Sun AS had a gross margin of 82.57% for the quarter that ended in Dec. 2024 => Durable competitive advantage

Ocean Sun AS Gross Profit Related Terms

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Ocean Sun AS Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

OW7:Germany

Address

Vollsveien 4, Lysaker, NOR, N-1366

Website

https://www.oceansun.no

Ocean Sun AS is engaged in the manufacture and distribution of floating solar power production systems. The company operates as a technology provider, offering its customers access to the technology, along with engineering and design services to help them utilize it. The system has solar panels attached to a membrane that floats on the surface of near-shore ocean sites or reservoirs. Some of the company's projects are Banja Dam, Magat Dam, Singapore Strait, Jurong Island etc.

Ocean Sun AS Headlines

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