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Skel Fjarfestingafelag hf (OISE:SKEL) Net Margin % : 0.00% (As of Jun. 2024)


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What is Skel Fjarfestingafelag hf Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Skel Fjarfestingafelag hf's Net Income for the six months ended in Jun. 2024 was kr-314.00 Mil. Skel Fjarfestingafelag hf's Revenue for the six months ended in Jun. 2024 was kr0.00 Mil. Therefore, Skel Fjarfestingafelag hf's net margin for the quarter that ended in Jun. 2024 was 0.00%.

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


OISE:SKEL's Net Margin % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.25
* Ranked among companies with meaningful Net Margin % only.

Skel Fjarfestingafelag hf Net Margin % Historical Data

The historical data trend for Skel Fjarfestingafelag 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.

Skel Fjarfestingafelag hf Net Margin % Chart

Skel Fjarfestingafelag hf 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 2.68 2.96 18.70 - -

Skel Fjarfestingafelag hf Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - -

Competitive Comparison of Skel Fjarfestingafelag hf's Net Margin %

For the Specialty Retail subindustry, Skel Fjarfestingafelag 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.


Skel Fjarfestingafelag hf's Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Skel Fjarfestingafelag hf's Net Margin % distribution charts can be found below:

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



Skel Fjarfestingafelag 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.

Skel Fjarfestingafelag 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 )
=5410/0
= %

Skel Fjarfestingafelag hf's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-314/0
= %

* 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.


Skel Fjarfestingafelag hf  (OISE:SKEL) 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.


Skel Fjarfestingafelag hf Net Margin % Related Terms

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Skel Fjarfestingafelag hf Business Description

Traded in Other Exchanges
N/A
Address
Kalkofnsvegur 2, 3rd floor, Reykjavik, ISL, 105
Skel Fjarfestingafelag hf operates as an investment company with the objective of creating value for shareholders, subsidiaries, associated companies, and other stakeholders. The Company achieves this by developing its asset portfolio, which spans various sectors. As a strategic investor, SKEL provides support and assistance to the companies, management teams, and entrepreneurs in which it invests. SKEL's staff and management work closely with its partners to fully leverage opportunities, whether for established operating companies or promising business ideas.

Skel Fjarfestingafelag hf Headlines

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