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Selvaag Bolig ASA (OSL:SBO) Gross Profit : kr473 Mil (TTM As of Mar. 2024)


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What is Selvaag Bolig ASA Gross Profit?

Selvaag Bolig ASA's gross profit for the three months ended in Mar. 2024 was kr112 Mil. Selvaag Bolig ASA's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr473 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Selvaag Bolig ASA's gross profit for the three months ended in Mar. 2024 was kr112 Mil. Selvaag Bolig ASA's Revenue for the three months ended in Mar. 2024 was kr628 Mil. Therefore, Selvaag Bolig ASA's Gross Margin % for the quarter that ended in Mar. 2024 was 17.81%.

Selvaag Bolig ASA had a gross margin of 17.81% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Selvaag Bolig ASA was 30.04%. The lowest was 15.04%. And the median was 19.94%.

Warning Sign:

Selvaag Bolig ASA gross margin has been in long-term decline. The average rate of decline per year is -10.8%.


Selvaag Bolig ASA Gross Profit Historical Data

The historical data trend for Selvaag Bolig ASA'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.

Selvaag Bolig ASA Gross Profit Chart

Selvaag Bolig ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,012.07 679.19 729.43 533.77 515.85

Selvaag Bolig ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 154.30 128.35 90.96 142.25 111.83

Competitive Comparison of Selvaag Bolig ASA's Gross Profit

For the Real Estate Services subindustry, Selvaag Bolig ASA'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.


Selvaag Bolig ASA's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Selvaag Bolig ASA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Selvaag Bolig ASA's Gross Profit falls into.



Selvaag Bolig ASA Gross Profit Calculation

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

Selvaag Bolig ASA'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
=3254.651 - 2738.799
=516

Selvaag Bolig ASA's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=627.741 - 515.909
=112

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr473 Mil.

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

Selvaag Bolig ASA's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=112 / 627.741
=17.81 %

* 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.


Selvaag Bolig ASA  (OSL:SBO) 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

Selvaag Bolig ASA had a gross margin of 17.81% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Selvaag Bolig ASA Gross Profit Related Terms

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Selvaag Bolig ASA (OSL:SBO) Business Description

Traded in Other Exchanges
Address
Silurveien 2, Oslo, NOR, 0380
Selvaag Bolig ASA is a residential property developer. The company has several homes under development at any given time and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger, and Trondheim. Some of its projects are The ski factory, Langhus 1405, Landas, Lorenskog Stasjonsby, and others.

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