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Solstad Offshore ASA (OSL:SOFF) Net Margin % : -1.51% (As of Sep. 2023)


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What is Solstad Offshore ASA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Solstad Offshore ASA's Net Income for the three months ended in Sep. 2023 was kr-24 Mil. Solstad Offshore ASA's Revenue for the three months ended in Sep. 2023 was kr1,624 Mil. Therefore, Solstad Offshore ASA's net margin for the quarter that ended in Sep. 2023 was -1.51%.

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

OSL:SOFF' s Net Margin % Range Over the Past 10 Years
Min: -125.35   Med: -19.59   Max: 149.48
Current: 13.7


OSL:SOFF's Net Margin % is ranked better than
74.12% of 970 companies
in the Transportation industry
Industry Median: 5.47 vs OSL:SOFF: 13.70

Solstad Offshore ASA Net Margin % Historical Data

The historical data trend for Solstad Offshore ASA'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.

Solstad Offshore ASA Net Margin % Chart

Solstad Offshore ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -125.35 -62.39 149.48 -21.50 -17.68

Solstad Offshore ASA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -34.00 16.18 21.53 17.52 -1.51

Competitive Comparison of Solstad Offshore ASA's Net Margin %

For the Marine Shipping subindustry, Solstad Offshore ASA'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.


Solstad Offshore ASA's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Solstad Offshore ASA's Net Margin % distribution charts can be found below:

* The bar in red indicates where Solstad Offshore ASA's Net Margin % falls into.



Solstad Offshore ASA 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.

Solstad Offshore ASA's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-1113.016/6295.321
=-17.68 %

Solstad Offshore ASA's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-24.495/1624.475
=-1.51 %

* 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.


Solstad Offshore ASA  (OSL:SOFF) 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.


Solstad Offshore ASA Net Margin % Related Terms

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Solstad Offshore ASA (OSL:SOFF) Business Description

Traded in Other Exchanges
Address
Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: anchor handling vessels; PSV: platform supply vessels; Subsea, which includes construction vessels operating subsea construction contracts; and Renewable segment includes vessels operating renewable contracts. The company generates the majority of its revenue from the Subsea segment.

Solstad Offshore ASA (OSL:SOFF) Headlines

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