Var Energi ASA (Var Energi ASA) Net Margin % : 5.14% (As of Mar. 2024)

Var Energi ASA Net Margin % Chart

Var Energi ASA Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial											9.33	6.85	11.67	7.66	5.14

Competitive Comparison of Var Energi ASA's Net Margin %

For the Oil & Gas E&P subindustry, Var Energi 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.

Var Energi ASA's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's Net Margin % distribution charts can be found below:

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

Var Energi 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.

Var Energi ASA's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Var Energi ASA's Net Margin for the quarter that ended in Mar. 2024 is calculated as

* 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.

Var Energi ASA  (OTCPK:VARRY) 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.

Var Energi ASA Net Margin % Related Terms

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Var Energi ASA (Var Energi ASA) Business Description