Solar AS (OCSE:SOLAR B) COGS-to-Revenue : 0.79 (As of Dec. 2024)

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

What is Solar AS COGS-to-Revenue?

Solar AS's Cost of Goods Sold for the three months ended in Dec. 2024 was kr2,562 Mil. Its Revenue for the three months ended in Dec. 2024 was kr3,233 Mil.

Solar AS's COGS to Revenue for the three months ended in Dec. 2024 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Solar AS's Gross Margin % for the three months ended in Dec. 2024 was 20.75%.

Solar AS COGS-to-Revenue Historical Data

The historical data trend for Solar AS'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.

* Premium members only.

Solar AS COGS-to-Revenue Chart

Solar AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

Get a 7-Day Free Trial

0.79

0.78

0.77

0.78

0.79

Solar AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
COGS-to-Revenue	Get a 7-Day Free Trial															0.78	0.79	0.80	0.79	0.79

Solar AS COGS-to-Revenue Calculation

Solar AS's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9702	/	12223
	=	0.79

Solar AS's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2562	/	3233
	=	0.79

Solar AS (OCSE:SOLAR B) COGS-to-Revenue Explanation

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

Solar AS's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2562 / 3233
	=	20.75 %

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.

Solar AS COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Solar AS's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Solar AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solar AS (OCSE:SOLAR B) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

SOLABc:UK 0G33:UK ZVR:Germany

Address

Industrivej Vest 43, Vejen, DNK, 6600

Website

https://www.solar.eu

Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.

Solar AS Headlines

No Headlines