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Hofseth BioCare ASA (OSL:HBC) Net Margin % : -51.57% (As of Sep. 2024)


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What is Hofseth BioCare ASA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hofseth BioCare ASA's Net Income for the three months ended in Sep. 2024 was kr-35.0 Mil. Hofseth BioCare ASA's Revenue for the three months ended in Sep. 2024 was kr67.9 Mil. Therefore, Hofseth BioCare ASA's net margin for the quarter that ended in Sep. 2024 was -51.57%.

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

OSL:HBC' s Net Margin % Range Over the Past 10 Years
Min: -729.81   Med: -141.95   Max: -13.91
Current: -55.65


OSL:HBC's Net Margin % is ranked better than
60.41% of 1013 companies
in the Biotechnology industry
Industry Median: -140.3 vs OSL:HBC: -55.65

Hofseth BioCare ASA Net Margin % Historical Data

The historical data trend for Hofseth BioCare 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.

Hofseth BioCare ASA Net Margin % Chart

Hofseth BioCare 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 -131.62 -147.42 -144.34 -114.06 -54.74

Hofseth BioCare ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -45.67 -109.43 -55.40 -24.33 -51.57

Competitive Comparison of Hofseth BioCare ASA's Net Margin %

For the Biotechnology subindustry, Hofseth BioCare 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.


Hofseth BioCare ASA's Net Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Hofseth BioCare ASA's Net Margin % distribution charts can be found below:

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



Hofseth BioCare 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.

Hofseth BioCare 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 )
=-106.683/194.874
=-54.74 %

Hofseth BioCare ASA's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-35.011/67.887
=-51.57 %

* 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.


Hofseth BioCare ASA  (OSL:HBC) 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.


Hofseth BioCare ASA Net Margin % Related Terms

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Hofseth BioCare ASA Business Description

Traded in Other Exchanges
Address
Kipervikgata 13, Aalesund, NOR, 6003
Hofseth BioCare ASA is a Norway based company engaged in the business of development, manufacturing, marketing and sale of marine ingredients such as oil, calcium and protein products. It is also involved in cooperation, participation, and ownership in the businesses engaged in related activities. The group operates in the business segment of producing salmon oil, soluble protein, calcium, and nonwater soluble protein. The brands under the company are OmeGo, PetGo, ProGo, and CalGo. The firm sells products to various segments of the human nutrition market such as sports nutrition, supplements, and health foods, as well as to the market within nutrition to pet and feed industry. It generates the majority of the revenue from the sale of salmon oil.

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