Northern Ocean Ltd
OSE:NOL

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Northern Ocean Ltd
OSE:NOL
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Price: 7.43 NOK -1.72% Market Closed
Market Cap: 2.3B NOK
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Gross Margin
Northern Ocean Ltd

21.9%
Current
7%
Average
37.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
21.9%
=
Gross Profit
69.9m
/
Revenue
319.7m

Gross Margin Across Competitors

Country BM
Market Cap 2.3B NOK
Gross Margin
22%
Country CN
Market Cap 46B CNY
Gross Margin
16%
Country SA
Market Cap 21.7B SAR
Gross Margin
39%
Country US
Market Cap 5.5B USD
Gross Margin
41%
Country US
Market Cap 34.7B DKK
Gross Margin
41%
Country CH
Market Cap 3.7B USD
Gross Margin
34%
Country US
Market Cap 3.6B USD
Gross Margin
40%
Country BM
Market Cap 3.6B USD
Gross Margin
0%
Country US
Market Cap 3.3B USD
Gross Margin
28%
Country SA
Market Cap 10.8B SAR
Gross Margin
25%
Country BM
Market Cap 2.7B USD
Gross Margin
37%

Profitability Report

View the profitability report to see the full profitability analysis for Northern Ocean Ltd.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
21.9%
=
Gross Profit
69.9m
/
Revenue
319.7m
What is the Gross Margin of Northern Ocean Ltd?

Based on Northern Ocean Ltd's most recent financial statements, the company has Gross Margin of 21.9%.