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Karnell Group AB (OSTO:KARNEL B) Gross Profit : kr81.1 Mil (TTM As of Mar. 2024)


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What is Karnell Group AB Gross Profit?

Karnell Group AB's gross profit for the three months ended in Mar. 2024 was kr81.1 Mil. Karnell Group AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr81.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Karnell Group AB's gross profit for the three months ended in Mar. 2024 was kr81.1 Mil. Karnell Group AB's Revenue for the three months ended in Mar. 2024 was kr287.9 Mil. Therefore, Karnell Group AB's Gross Margin % for the quarter that ended in Mar. 2024 was 28.17%.

Karnell Group AB had a gross margin of 28.17% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 3 years, the highest Gross Margin % of Karnell Group AB was 33.99%. The lowest was 28.17%. And the median was 31.23%.


Karnell Group AB Gross Profit Historical Data

The historical data trend for Karnell Group AB'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.

Karnell Group AB Gross Profit Chart

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
143.53 274.89 381.00

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Gross Profit - - 68.50 - 81.10

Competitive Comparison of Karnell Group AB's Gross Profit

For the Asset Management subindustry, Karnell Group AB'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.


Karnell Group AB's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Karnell Group AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where Karnell Group AB's Gross Profit falls into.



Karnell Group AB Gross Profit Calculation

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

Karnell Group AB'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
=1307.2 - 926.2
=381.0

Karnell Group AB's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=287.9 - 206.8
=81.1

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 kr81.1 Mil.

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

Karnell Group AB'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
=81.1 / 287.9
=28.17 %

* 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.


Karnell Group AB  (OSTO:KARNEL B) 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

Karnell Group AB had a gross margin of 28.17% for the quarter that ended in Mar. 2024 => Competition eroding margins


Karnell Group AB Gross Profit Related Terms

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Karnell Group AB (OSTO:KARNEL B) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Riddargatan 13D, Stockholm, SWE, 114 51
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

Karnell Group AB (OSTO:KARNEL B) Headlines

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