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Arctic Blue Beverages AB (OSTO:ARCTIC) Gross Margin % : 25.03% (As of Mar. 2024)


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What is Arctic Blue Beverages AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Arctic Blue Beverages AB's Gross Profit for the three months ended in Mar. 2024 was kr0.25 Mil. Arctic Blue Beverages AB's Revenue for the three months ended in Mar. 2024 was kr1.00 Mil. Therefore, Arctic Blue Beverages AB's Gross Margin % for the quarter that ended in Mar. 2024 was 25.03%.


The historical rank and industry rank for Arctic Blue Beverages AB's Gross Margin % or its related term are showing as below:

OSTO:ARCTIC' s Gross Margin % Range Over the Past 10 Years
Min: 5.49   Med: 24.27   Max: 46.11
Current: 27.46


During the past 4 years, the highest Gross Margin % of Arctic Blue Beverages AB was 46.11%. The lowest was 5.49%. And the median was 24.27%.

OSTO:ARCTIC's Gross Margin % is ranked worse than
78.95% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 39.88 vs OSTO:ARCTIC: 27.46

Arctic Blue Beverages AB had a gross margin of 25.03% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Arctic Blue Beverages AB was 0.00% per year.


Arctic Blue Beverages AB Gross Margin % Historical Data

The historical data trend for Arctic Blue Beverages AB'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.

* Premium members only.

Arctic Blue Beverages AB Gross Margin % Chart

Arctic Blue Beverages AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
26.57 46.11 5.49 21.96

Arctic Blue Beverages AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.71 24.48 28.72 33.51 25.03

Competitive Comparison of Arctic Blue Beverages AB's Gross Margin %

For the Beverages - Wineries & Distilleries subindustry, Arctic Blue Beverages AB'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.


Arctic Blue Beverages AB's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Arctic Blue Beverages AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Arctic Blue Beverages AB's Gross Margin % falls into.



Arctic Blue Beverages AB Gross Margin % Calculation

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

Arctic Blue Beverages AB'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 )
=1.4 / 6.415
=(Revenue - Cost of Goods Sold) / Revenue
=(6.415 - 5.006) / 6.415
=21.96 %

Arctic Blue Beverages 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 )
=0.2 / 0.995
=(Revenue - Cost of Goods Sold) / Revenue
=(0.995 - 0.746) / 0.995
=25.03 %

* 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.


Arctic Blue Beverages AB  (OSTO:ARCTIC) 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

Arctic Blue Beverages AB had a gross margin of 25.03% for the quarter that ended in Mar. 2024 => 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.


Arctic Blue Beverages AB Gross Margin % Related Terms

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Arctic Blue Beverages AB (OSTO:ARCTIC) Business Description

Traded in Other Exchanges
N/A
Address
Aleksanterinkatu 19, Helsinki, FIN, 00100
Arctic Blue Beverages AB is a beverage company whose products are Arctic Blue Gin, Arctic Blue Gin Navy Strength, Milk-free gin-based oat liqueur, and Arctic Blue Oat. The company invests heavily in international exports and its products are sold in Finland, Sweden, Japan, Australia, and more than a dozen other countries.

Arctic Blue Beverages AB (OSTO:ARCTIC) Headlines

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