Norse Energy ASA (OSL:NEC) COGS-to-Revenue : 0.60 (As of Sep. 2013)

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What is Norse Energy ASA COGS-to-Revenue?

Norse Energy ASA's Cost of Goods Sold for the three months ended in Sep. 2013 was kr0.07 Mil. Its Revenue for the three months ended in Sep. 2013 was kr0.12 Mil.

Norse Energy ASA's COGS to Revenue for the three months ended in Sep. 2013 was 0.60.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Norse Energy ASA's Gross Margin % for the three months ended in Sep. 2013 was 40.34%.

Norse Energy ASA COGS-to-Revenue Historical Data

The historical data trend for Norse Energy 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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Norse Energy ASA COGS-to-Revenue Chart

Norse Energy ASA Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

COGS-to-Revenue

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0.78

0.85

0.67

0.05

0.27

Norse Energy ASA Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
COGS-to-Revenue	Get a 7-Day Free Trial															1.19	0.06	0.71	0.58	0.60

Norse Energy ASA COGS-to-Revenue Calculation

Norse Energy ASA's COGS to Revenue for the fiscal year that ended in Dec. 2012 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.527	/	1.969
	=	0.27

Norse Energy ASA's COGS to Revenue for the quarter that ended in Sep. 2013 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.071	/	0.119
	=	0.60

Norse Energy ASA (OSL:NEC) COGS-to-Revenue Explanation

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

Norse Energy ASA's Gross Margin % for the three months ended in Sep. 2013 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.071 / 0.119
	=	40.34 %

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.

Norse Energy ASA COGS-to-Revenue Related Terms

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Norse Energy ASA (OSL:NEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Norse Energy Corp. ASA (OSL:NEC) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

N/A

Address

Munkedamsveien 35, 3rd floor, P.O. Box 1903, Oslo, NOR, 0250

Website

http://www.northernoil.no

Norse Energy Corp ASA and its subsidiaries are engaged in the acquisition, exploration and development of oil and natural gas properties in the US.

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