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Nordhealth AS (OSL:NORDH) Net Margin % : -24.32% (As of Mar. 2024)


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What is Nordhealth AS Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nordhealth AS's Net Income for the three months ended in Mar. 2024 was kr-28.5 Mil. Nordhealth AS's Revenue for the three months ended in Mar. 2024 was kr117.0 Mil. Therefore, Nordhealth AS's net margin for the quarter that ended in Mar. 2024 was -24.32%.

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

OSL:NORDH' s Net Margin % Range Over the Past 10 Years
Min: -45.94   Med: -26.77   Max: 15.2
Current: -26.72


OSL:NORDH's Net Margin % is ranked worse than
78.07% of 652 companies
in the Healthcare Providers & Services industry
Industry Median: 1.66 vs OSL:NORDH: -26.72

Nordhealth AS Net Margin % Historical Data

The historical data trend for Nordhealth AS'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.

Nordhealth AS Net Margin % Chart

Nordhealth AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
15.20 -23.31 -45.94 -30.23

Nordhealth AS Quarterly Data
Jun20 Sep20 Dec20 Apr21 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 -38.84 -27.08 -21.27 -33.54 -24.32

Competitive Comparison of Nordhealth AS's Net Margin %

For the Health Information Services subindustry, Nordhealth AS'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.


Nordhealth AS's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nordhealth AS's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nordhealth AS's Net Margin % falls into.



Nordhealth AS 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.

Nordhealth AS'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 )
=-128.065/423.644
=-30.23 %

Nordhealth AS'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 )
=-28.468/117.045
=-24.32 %

* 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.


Nordhealth AS  (OSL:NORDH) 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.


Nordhealth AS Net Margin % Related Terms

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Nordhealth AS (OSL:NORDH) Business Description

Traded in Other Exchanges
Address
Strandveien 50, Lysaker, Oslo, NOR, 1366
Nordhealth AS is a cloud-based healthcare Software-as-a-Service business. Its flagship products are Provet Cloud and EasyPractice, both leading cloud-based Practice Management Software for veterinarians and therapists, respectively. It builds software that empowers healthcare professionals to improve patient care, increase efficiency and expand their business.

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