Icelandiclmon AS (OSL:ISLAX) Gross Margin % : 26.31% (As of Dec. 2023)

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What is Icelandiclmon AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Icelandiclmon AS's Gross Profit for the six months ended in Dec. 2023 was kr282 Mil. Icelandiclmon AS's Revenue for the six months ended in Dec. 2023 was kr1,073 Mil. Therefore, Icelandiclmon AS's Gross Margin % for the quarter that ended in Dec. 2023 was 26.31%.

Warning Sign:

Icelandic Salmon AS gross margin has been in long-term decline. The average rate of decline per year is -5.3%.

The historical rank and industry rank for Icelandiclmon AS's Gross Margin % or its related term are showing as below:

OSL:ISLAX' s Gross Margin % Range Over the Past 10 Years
Min: 37.78 Med: 47.4 Max: 55
Current: 37.89

During the past 7 years, the highest Gross Margin % of Icelandiclmon AS was 55.00%. The lowest was 37.78%. And the median was 47.40%.

OSL:ISLAX's Gross Margin % is ranked better than
74.61% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.085 vs OSL:ISLAX: 37.89

Icelandiclmon AS had a gross margin of 26.31% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Icelandiclmon AS was -5.30% per year.

Icelandiclmon AS Gross Margin % Historical Data

The historical data trend for Icelandiclmon AS's Gross Margin % 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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Icelandiclmon AS Gross Margin % Chart

Icelandiclmon AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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45.52

49.57

38.33

49.27

37.78

Icelandiclmon AS Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial						31.48	64.42	36.50	52.72	26.31

Competitive Comparison of Icelandiclmon AS's Gross Margin %

For the Farm Products subindustry, Icelandiclmon AS's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

Icelandiclmon AS's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Icelandiclmon AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Icelandiclmon AS's Gross Margin % falls into.

Icelandiclmon AS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Icelandiclmon AS's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	716.3	/	1896.085
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1896.085 - 1179.784)	/	1896.085
	=	37.78 %

Icelandiclmon AS's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	282.1	/	1072.576
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1072.576 - 790.434)	/	1072.576
	=	26.31 %

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.

Icelandiclmon AS (OSL:ISLAX) Gross Margin % 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

Icelandiclmon AS had a gross margin of 26.31% for the quarter that ended in Dec. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Icelandiclmon AS Gross Margin % Related Terms

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Icelandiclmon AS (OSL:ISLAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Icelandic Salmon AS (OSL:ISLAX) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

ISLAX:Iceland

Address

Industriveien 51, Kverva, NOR, 7266

Website

https://www.arnarlax.is

Icelandic Salmon AS is an aquaculture company in Iceland. It is engaged in the production, processing, and sale of high-quality Icelandic salmon. Geographically, it derives a majority of revenue from Europe excluding Norway.

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