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Kongsberg Automotive Holdings ASA (OSTO:KOAO) Gross Profit : kr10,025 Mil (TTM As of Mar. 2024)


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What is Kongsberg Automotive Holdings ASA Gross Profit?

Kongsberg Automotive Holdings ASA's gross profit for the three months ended in Mar. 2024 was kr2,447 Mil. Kongsberg Automotive Holdings ASA's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr10,025 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kongsberg Automotive Holdings ASA's gross profit for the three months ended in Mar. 2024 was kr2,447 Mil. Kongsberg Automotive Holdings ASA's Revenue for the three months ended in Mar. 2024 was kr2,447 Mil. Therefore, Kongsberg Automotive Holdings ASA's Gross Margin % for the quarter that ended in Mar. 2024 was N/A%.

Kongsberg Automotive Holdings ASA had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Kongsberg Automotive Holdings ASA was 53.55%. The lowest was 48.95%. And the median was 51.60%.

Warning Sign:

Kongsberg Automotive Holdings ASA gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Kongsberg Automotive Holdings ASA Gross Profit Historical Data

The historical data trend for Kongsberg Automotive Holdings 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.

Kongsberg Automotive Holdings ASA Gross Profit Chart

Kongsberg Automotive Holdings 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 5,872.62 3,676.68 4,306.87 4,648.04 4,983.64

Kongsberg Automotive Holdings 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 2,580.08 2,625.99 2,524.94 2,427.40 2,446.55

Competitive Comparison of Kongsberg Automotive Holdings ASA's Gross Profit

For the Auto Parts subindustry, Kongsberg Automotive Holdings 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.


Kongsberg Automotive Holdings ASA's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kongsberg Automotive Holdings ASA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kongsberg Automotive Holdings ASA's Gross Profit falls into.



Kongsberg Automotive Holdings ASA Gross Profit Calculation

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

Kongsberg Automotive Holdings 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
=10180.113 - 5196.471
=4,984

Kongsberg Automotive Holdings 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
=2446.55 - 0
=2,447

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 kr10,025 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Kongsberg Automotive Holdings 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
=2,447 / 2446.55
=N/A %

* 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.


Kongsberg Automotive Holdings ASA  (OSTO:KOAo) 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

Kongsberg Automotive Holdings ASA had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Kongsberg Automotive Holdings ASA Gross Profit Related Terms

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Kongsberg Automotive Holdings ASA (OSTO:KOAO) Business Description

Traded in Other Exchanges
Address
Europaallee 39, Zurich, CHE, 8004
Kongsberg Automotive Holdings ASA is a Norway-based company that develops, manufactures and sells products to the automotive industry. The company has organized its businesses into two segments, namely Powertrain and Chassis Products and Specialty Products. The Powertrain and Chassis Products business segment is comprised of the Driveline and On-Highway business units, while the business units under the Specialty Products business segment are Couplings, Fluid Transfer Systems (FTS), and Off-Highway.

Kongsberg Automotive Holdings ASA (OSTO:KOAO) Headlines

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