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Veidekke ASA (LTS:0GF6) Net Margin % : 0.09% (As of Mar. 2024)


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What is Veidekke ASA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Veidekke ASA's Net Income for the three months ended in Mar. 2024 was kr9 Mil. Veidekke ASA's Revenue for the three months ended in Mar. 2024 was kr9,478 Mil. Therefore, Veidekke ASA's net margin for the quarter that ended in Mar. 2024 was 0.09%.

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

LTS:0GF6' s Net Margin % Range Over the Past 10 Years
Min: 1.59   Med: 2.97   Max: 5.53
Current: 2.78


LTS:0GF6's Net Margin % is ranked worse than
52.99% of 1657 companies
in the Construction industry
Industry Median: 3.18 vs LTS:0GF6: 2.78

Veidekke ASA Net Margin % Historical Data

The historical data trend for Veidekke 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.

Veidekke ASA Net Margin % Chart

Veidekke ASA 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 2.50 5.53 2.55 2.82 2.48

Veidekke ASA 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 -1.27 2.46 4.25 3.91 0.09

Competitive Comparison of Veidekke ASA's Net Margin %

For the Engineering & Construction subindustry, Veidekke 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.


Veidekke ASA's Net Margin % Distribution in the Construction Industry

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

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



Veidekke 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.

Veidekke ASA'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 )
=1069/43146
=2.48 %

Veidekke ASA'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 )
=9/9478
=0.09 %

* 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.


Veidekke ASA  (LTS:0GF6) 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.


Veidekke ASA Net Margin % Related Terms

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Veidekke ASA (LTS:0GF6) Business Description

Traded in Other Exchanges
Address
Skabos vei 4, Oslo, NOR, 0278
Veidekke ASA is engaged in construction and property development. It constructs building and residential projects, enters civil engineering contracts, and undertakes various infrastructure developments. The company has six operating segments; Construction Norway includes apartment complexes and non-residential buildings, Infrastructure Norway includes road maintenance, railways, power production, and airport, Construction Sweden includes construction projects, including residential units, offices, schools, and cultural buildings, Infrastructure Sweden includes infrastructure, extractive industries, heavy industry, energy, and recycling facilities/landfill, Denmark includes commercial buildings, and Other comprises undistributed costs.

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