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Ferronordic AB (LTS:0RVG) Net Margin % : 5.97% (As of Mar. 2024)


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What is Ferronordic AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ferronordic AB's Net Income for the three months ended in Mar. 2024 was kr70 Mil. Ferronordic AB's Revenue for the three months ended in Mar. 2024 was kr1,172 Mil. Therefore, Ferronordic AB's net margin for the quarter that ended in Mar. 2024 was 5.97%.

The historical rank and industry rank for Ferronordic AB's Net Margin % or its related term are showing as below:

LTS:0RVG' s Net Margin % Range Over the Past 10 Years
Min: -3.74   Med: 5.69   Max: 22.44
Current: -1.26


LTS:0RVG's Net Margin % is ranked worse than
88.89% of 144 companies
in the Industrial Distribution industry
Industry Median: 4.265 vs LTS:0RVG: -1.26

Ferronordic AB Net Margin % Historical Data

The historical data trend for Ferronordic AB's Net 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.

Ferronordic AB Net Margin % Chart

Ferronordic AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.74 4.79 22.44 22.30 -3.74

Ferronordic AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 9.50 -13.84 -9.62 5.97

Competitive Comparison of Ferronordic AB's Net Margin %

For the Industrial Distribution subindustry, Ferronordic AB's Net Margin %, along with its competitors' market caps and Net 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.


Ferronordic AB's Net Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ferronordic AB's Net Margin % falls into.



Ferronordic AB Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Ferronordic AB's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-107/2863
=-3.74 %

Ferronordic AB's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=70/1172
=5.97 %

* 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.


Ferronordic AB  (LTS:0RVG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ferronordic AB Net Margin % Related Terms

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Ferronordic AB (LTS:0RVG) Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE114 34
Ferronordic AB is engaged in sales, rents, and services of construction equipment and other machinery. The company is authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac and Rottne and also appointed as aftermarket dealer for Volvo and Renault Trucks and dealer for Volvo Penta. The Group has two reporting segments: Germany and CIS (the Commonwealth of Independent States). The Germany segment comprises comprises of sales of new and used trucks, aftermarket sales, rental, and other services in Germany. CIS comprises of sales of new and used construction and other equipment, aftermarket sales, rental, contracting services and other services in CIS and currently only in Kazakhstan.

Ferronordic AB (LTS:0RVG) Headlines

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