Akastor ASA (OSL:AKAST) COGS-to-Revenue : 0.01 (As of Mar. 2024)

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What is Akastor ASA COGS-to-Revenue?

Akastor ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr6.0 Mil. Its Revenue for the three months ended in Mar. 2024 was kr642.0 Mil.

Akastor ASA's COGS to Revenue for the three months ended in Mar. 2024 was 0.01.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Akastor ASA's Gross Margin % for the three months ended in Mar. 2024 was 99.07%.

Akastor ASA COGS-to-Revenue Historical Data

The historical data trend for Akastor 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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Akastor ASA COGS-to-Revenue Chart

Akastor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.53

0.62

0.41

0.32

0.71

Akastor ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.10	0.11	0.11	2.30	0.01

Akastor ASA COGS-to-Revenue Calculation

Akastor 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
	=	191	/	268
	=	0.71

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6	/	642
	=	0.01

Akastor ASA (OSL:AKAST) COGS-to-Revenue Explanation

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

Akastor 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	-	6 / 642
	=	99.07 %

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.

Akastor ASA COGS-to-Revenue Related Terms

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Akastor ASA (OSL:AKAST) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

KY7:Germany

Address

Oksenoyveien 10, Building B, Lysaker, NOR, 1366

Website

https://www.akastor.com

Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.

Akastor ASA (OSL:AKAST) Headlines

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