North Energy ASA (OSL:NORTH) COGS-to-Revenue : 1.25 (As of Sep. 2024)

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What is North Energy ASA COGS-to-Revenue?

North Energy ASA's Cost of Goods Sold for the three months ended in Sep. 2024 was kr3.29 Mil. Its Revenue for the three months ended in Sep. 2024 was kr2.62 Mil.

North Energy ASA's COGS to Revenue for the three months ended in Sep. 2024 was 1.25.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. North Energy ASA's Gross Margin % for the three months ended in Sep. 2024 was -25.48%.

North Energy ASA COGS-to-Revenue Historical Data

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

North Energy ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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2.48

1.36

4.39

6.98

6.83

North Energy ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															9.08	-13.30	4.89	1.32	1.25

North Energy ASA COGS-to-Revenue Calculation

North Energy 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
	=	10.142	/	1.485
	=	6.83

North Energy ASA's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.29	/	2.622
	=	1.25

North Energy ASA (OSL:NORTH) COGS-to-Revenue Explanation

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

North Energy ASA's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3.29 / 2.622
	=	-25.48 %

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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North Energy ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » North Energy ASA (OSL:NORTH) » Definitions » COGS-to-Revenue

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NORTHO:Sweden RN2:Germany

Address

Tjuvholmen alle 19, Oslo, NOR, 0252

Website

https://www.northenergy.no

North Energy ASA is an industrial holding company with a portfolio of independent investments, both listed and unlisted. The Group reports only one business segment which includes the investment activities The Company evaluates companies both within the traditional energy industry, as well as emerging sectors such as renewable energy production and related activities. In addition, the Company continues to evaluate possibilities within other industries outside the energy sector.

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