GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Harboes Bryggeri A/S (OCSE:HARB B) » Definitions » Gross Profit

Harboes Bryggeri A/S (OCSE:HARB B) Gross Profit : kr318 Mil (TTM As of Jan. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Harboes Bryggeri A/S Gross Profit?

Harboes Bryggeri A/S's gross profit for the three months ended in Jan. 2024 was kr78 Mil. Harboes Bryggeri A/S's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was kr318 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Harboes Bryggeri A/S's gross profit for the three months ended in Jan. 2024 was kr78 Mil. Harboes Bryggeri A/S's Revenue for the three months ended in Jan. 2024 was kr421 Mil. Therefore, Harboes Bryggeri A/S's Gross Margin % for the quarter that ended in Jan. 2024 was 18.50%.

Harboes Bryggeri A/S had a gross margin of 18.50% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Harboes Bryggeri A/S was 21.57%. The lowest was 16.73%. And the median was 18.60%.

Warning Sign:

Harboes Bryggeri A/S gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Harboes Bryggeri A/S Gross Profit Historical Data

The historical data trend for Harboes Bryggeri A/S'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.

Harboes Bryggeri A/S Gross Profit Chart

Harboes Bryggeri A/S Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 257.34 253.96 228.11 257.82 271.24

Harboes Bryggeri A/S Quarterly Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Jul20 Oct20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 77.48 53.59 101.96 85.10 77.81

Competitive Comparison of Harboes Bryggeri A/S's Gross Profit

For the Beverages - Brewers subindustry, Harboes Bryggeri A/S'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.


Harboes Bryggeri A/S's Gross Profit Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri A/S's Gross Profit distribution charts can be found below:

* The bar in red indicates where Harboes Bryggeri A/S's Gross Profit falls into.



Harboes Bryggeri A/S Gross Profit Calculation

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

Harboes Bryggeri A/S's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as

Gross Profit (A: Apr. 2023 )=Revenue - Cost of Goods Sold
=1621.066 - 1349.83
=271

Harboes Bryggeri A/S's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=420.672 - 342.86
=78

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr318 Mil.

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

Harboes Bryggeri A/S's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=78 / 420.672
=18.50 %

* 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.


Harboes Bryggeri A/S  (OCSE:HARB 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

Harboes Bryggeri A/S had a gross margin of 18.50% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Harboes Bryggeri A/S Gross Profit Related Terms

Thank you for viewing the detailed overview of Harboes Bryggeri A/S's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Harboes Bryggeri A/S (OCSE:HARB B) Business Description

Traded in Other Exchanges
Address
Spegerborgvej 34, Skælskør, DNK, 4230
Harboes Bryggeri A/S is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

Harboes Bryggeri A/S (OCSE:HARB B) Headlines

No Headlines