Norcod AS (OSL:NCOD) COGS-to-Revenue : 0.71 (As of Dec. 2024)

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What is Norcod AS COGS-to-Revenue?

Norcod AS's Cost of Goods Sold for the three months ended in Dec. 2024 was kr88.1 Mil. Its Revenue for the three months ended in Dec. 2024 was kr123.7 Mil.

Norcod AS's COGS to Revenue for the three months ended in Dec. 2024 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Norcod AS's Gross Margin % for the three months ended in Dec. 2024 was 28.77%.

Norcod AS COGS-to-Revenue Historical Data

The historical data trend for Norcod 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.

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Norcod AS COGS-to-Revenue Chart

Norcod AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

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-4.67

1.02

1.91

1.03

0.89

Norcod 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															1.35	0.85	0.96	1.22	0.71

Norcod AS COGS-to-Revenue Calculation

Norcod 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
	=	355.296	/	397.183
	=	0.89

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	88.13	/	123.721
	=	0.71

Norcod AS (OSL:NCOD) COGS-to-Revenue Explanation

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

Norcod 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	-	88.13 / 123.721
	=	28.77 %

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.

Norcod AS COGS-to-Revenue Related Terms

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Norcod AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Norcod AS (OSL:NCOD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

NO9:Germany

Address

Thomas Angells Gate 22, Trondheim, NOR, 7011

Website

https://www.norcod.no

Norcod AS is engaged in the business of commercial farming and selling Atlantic cod in marine facilities. The company serves customers worldwide. Its production is based in its natural cold-water habitat along the coast of Central and Northern Norway. The company's operating revenue is derived mainly from the sale of cod.

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