Aker Carbon Capture ASA (LTS:0ZCB) COGS-to-Revenue : 0.87 (As of Mar. 2024)

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What is Aker Carbon Capture ASA COGS-to-Revenue?

Aker Carbon Capture ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr493 Mil. Its Revenue for the three months ended in Mar. 2024 was kr566 Mil.

Aker Carbon Capture ASA's COGS to Revenue for the three months ended in Mar. 2024 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Aker Carbon Capture ASA's Gross Margin % for the three months ended in Mar. 2024 was 12.94%.

Aker Carbon Capture ASA COGS-to-Revenue Historical Data

The historical data trend for Aker Carbon Capture ASA's COGS-to-Revenue 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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Aker Carbon Capture ASA COGS-to-Revenue Chart

Aker Carbon Capture ASA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.92

0.90

0.93

Aker Carbon Capture ASA Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial										0.90	0.92	0.95	0.94	0.87

Aker Carbon Capture ASA COGS-to-Revenue Calculation

Aker Carbon Capture ASA's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1491.85	/	1605.101
	=	0.93

Aker Carbon Capture ASA's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	493.06	/	566.317
	=	0.87

Aker Carbon Capture ASA (LTS:0ZCB) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Aker Carbon Capture ASA's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	493.06 / 566.317
	=	12.94 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Aker Carbon Capture ASA (LTS:0ZCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aker Carbon Capture ASA (LTS:0ZCB) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

AKCCF:USA ACCo:Sweden ACC:Norway 606:Germany

Address

Oksenoyveien 8, Lysaker, Baerum, NOR, 1366

Website

https://www.akercarboncapture.com

Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

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