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Skandia GreenPower AS (OSL:SKAND) Gross Profit : kr45.4 Mil (TTM As of Dec. 2024)


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What is Skandia GreenPower AS Gross Profit?

Skandia GreenPower AS's gross profit for the six months ended in Dec. 2024 was kr25.9 Mil. Skandia GreenPower AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was kr45.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Skandia GreenPower AS's gross profit for the six months ended in Dec. 2024 was kr25.9 Mil. Skandia GreenPower AS's Revenue for the six months ended in Dec. 2024 was kr163.9 Mil. Therefore, Skandia GreenPower AS's Gross Margin % for the quarter that ended in Dec. 2024 was 15.78%.

Skandia GreenPower AS had a gross margin of 15.78% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Skandia GreenPower AS was 47.54%. The lowest was 5.65%. And the median was 15.79%.

Warning Sign:

Skandia GreenPower AS gross margin has been in long-term decline. The average rate of decline per year is -17.7%.


Skandia GreenPower AS Gross Profit Historical Data

The historical data trend for Skandia GreenPower 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.

Skandia GreenPower AS Gross Profit Chart

Skandia GreenPower AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 46.81 36.51 31.14 28.44 45.44

Skandia GreenPower AS Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.20 11.73 16.71 19.57 25.86

Competitive Comparison of Skandia GreenPower AS's Gross Profit

For the Utilities - Renewable subindustry, Skandia GreenPower 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.


Skandia GreenPower AS's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

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

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


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Skandia GreenPower AS Gross Profit Calculation

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

Skandia GreenPower 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
=305.504 - 260.066
=45.4

Skandia GreenPower 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
=163.922 - 138.058
=25.9

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr45.4 Mil.

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

Skandia GreenPower 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
=25.9 / 163.922
=15.78 %

* 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.


Skandia GreenPower AS  (OSL:SKAND) 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

Skandia GreenPower AS had a gross margin of 15.78% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Skandia GreenPower AS Gross Profit Related Terms

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Skandia GreenPower AS Business Description

Traded in Other Exchanges
N/A
Address
Henrik Wergelands Gate 29, Kristiansand, NOR, 4612
Skandia GreenPower AS is a provider of electricity in the private retail market. It also offers end-to-end solar cell solutions for roofs. The company generates the majority of its revenue from the domestic market.

Skandia GreenPower AS Headlines

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