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Aker Carbon Capture ASA (LTS:0ZCB) Gross Margin % : 0.00% (As of Jun. 2024)


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What is Aker Carbon Capture ASA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aker Carbon Capture ASA's Gross Profit for the three months ended in Jun. 2024 was kr-566 Mil. Aker Carbon Capture ASA's Revenue for the three months ended in Jun. 2024 was kr-566 Mil. Therefore, Aker Carbon Capture ASA's Gross Margin % for the quarter that ended in Jun. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Aker Carbon Capture ASA's Gross Margin % or its related term are showing as below:

LTS:0ZCB' s Gross Margin % Range Over the Past 10 Years
Min: -26.97   Med: 8.36   Max: 9.74
Current: -26.97


During the past 4 years, the highest Gross Margin % of Aker Carbon Capture ASA was 9.74%. The lowest was -26.97%. And the median was 8.36%.

LTS:0ZCB's Gross Margin % is ranked worse than
98.78% of 2951 companies
in the Industrial Products industry
Industry Median: 26.84 vs LTS:0ZCB: -26.97

Aker Carbon Capture ASA had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aker Carbon Capture ASA was 0.00% per year.


Aker Carbon Capture ASA Gross Margin % Historical Data

The historical data trend for Aker Carbon Capture ASA's Gross Margin % 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.

Aker Carbon Capture ASA Gross Margin % Chart

Aker Carbon Capture ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
- 8.36 9.74 7.06

Aker Carbon Capture ASA Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.45 5.47 3.11 12.94 -

Competitive Comparison of Aker Carbon Capture ASA's Gross Margin %

For the Pollution & Treatment Controls subindustry, Aker Carbon Capture ASA's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aker Carbon Capture ASA's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aker Carbon Capture ASA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aker Carbon Capture ASA's Gross Margin % falls into.



Aker Carbon Capture ASA Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Aker Carbon Capture ASA's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=113.3 / 1605.101
=(Revenue - Cost of Goods Sold) / Revenue
=(1605.101 - 1491.85) / 1605.101
=7.06 %

Aker Carbon Capture ASA's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=-566.3 / -566.317
=(Revenue - Cost of Goods Sold) / Revenue
=(-566.317 - 0) / -566.317
=N/A %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Aker Carbon Capture ASA  (LTS:0ZCB) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Aker Carbon Capture ASA had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Aker Carbon Capture ASA Gross Margin % Related Terms

Thank you for viewing the detailed overview of Aker Carbon Capture ASA's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Aker Carbon Capture ASA Business Description

Address
John Strandrudsvei No 10-12, Lysaker, Lysaker, NOR, 1366
Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

Aker Carbon Capture ASA Headlines

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