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Skue Sparebank (OSL:SKUE) Net Margin % : 34.38% (As of Dec. 2023)


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What is Skue Sparebank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Skue Sparebank's Net Income for the three months ended in Dec. 2023 was kr42.0 Mil. Skue Sparebank's Revenue for the three months ended in Dec. 2023 was kr122.2 Mil. Therefore, Skue Sparebank's net margin for the quarter that ended in Dec. 2023 was 34.38%.

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

OSL:SKUE' s Net Margin % Range Over the Past 10 Years
Min: 25.39   Med: 37.21   Max: 42.21
Current: 42.04


OSL:SKUE's Net Margin % is ranked better than
86.08% of 1458 companies
in the Banks industry
Industry Median: 25.11 vs OSL:SKUE: 42.04

Skue Sparebank Net Margin % Historical Data

The historical data trend for Skue Sparebank'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.

Skue Sparebank Net Margin % Chart

Skue Sparebank 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 39.34 32.54 41.72 42.21 42.04

Skue Sparebank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.68 37.47 52.67 41.54 34.38

Competitive Comparison of Skue Sparebank's Net Margin %

For the Banks - Regional subindustry, Skue Sparebank'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.


Skue Sparebank's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Skue Sparebank's Net Margin % distribution charts can be found below:

* The bar in red indicates where Skue Sparebank's Net Margin % falls into.



Skue Sparebank 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.

Skue Sparebank'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 )
=206.661/491.55
=42.04 %

Skue Sparebank's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=41.99/122.151
=34.38 %

* 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.


Skue Sparebank  (OSL:SKUE) 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.


Skue Sparebank Net Margin % Related Terms

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Skue Sparebank (OSL:SKUE) Business Description

Traded in Other Exchanges
N/A
Address
Jordeshagen 5, Nesbyen, NOR, 3540
Skue Sparebank is a savings bank offering a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

Skue Sparebank (OSL:SKUE) Headlines

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