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Nova Klubburinn hf (OISE:NOVA) Net Margin % : 4.20% (As of Mar. 2024)


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What is Nova Klubburinn hf Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nova Klubburinn hf's Net Income for the three months ended in Mar. 2024 was kr133 Mil. Nova Klubburinn hf's Revenue for the three months ended in Mar. 2024 was kr3,168 Mil. Therefore, Nova Klubburinn hf's net margin for the quarter that ended in Mar. 2024 was 4.20%.

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

OISE:NOVA' s Net Margin % Range Over the Past 10 Years
Min: -0.58   Med: 4.33   Max: 12.71
Current: 5.46


OISE:NOVA's Net Margin % is ranked better than
54.5% of 378 companies
in the Telecommunication Services industry
Industry Median: 4.25 vs OISE:NOVA: 5.46

Nova Klubburinn hf Net Margin % Historical Data

The historical data trend for Nova Klubburinn hf'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.

Nova Klubburinn hf Net Margin % Chart

Nova Klubburinn hf Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-0.58 3.46 12.71 4.33 5.68

Nova Klubburinn hf Quarterly Data
Dec19 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 5.09 3.80 8.25 5.53 4.20

Competitive Comparison of Nova Klubburinn hf's Net Margin %

For the Telecom Services subindustry, Nova Klubburinn hf'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.


Nova Klubburinn hf's Net Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nova Klubburinn hf's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nova Klubburinn hf's Net Margin % falls into.



Nova Klubburinn hf 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.

Nova Klubburinn hf'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 )
=728.82/12837.538
=5.68 %

Nova Klubburinn hf'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 )
=133.14/3167.634
=4.20 %

* 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.


Nova Klubburinn hf  (OISE:NOVA) 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.


Nova Klubburinn hf Net Margin % Related Terms

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Nova Klubburinn hf (OISE:NOVA) Business Description

Traded in Other Exchanges
N/A
Address
Lágmúli 9, Reykjavík, ISL, 108
Nova Klubburinn hf a full-service telecommunications company operating in Iceland. Nova's customers are individuals and small and medium sized corporations. It operates through three key business areas: mobile network, Fixed network and Goods sold and Others.