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Rentunder Holding AB (NGM:RENT) Net Margin % : 30.41% (As of Dec. 2023)


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What is Rentunder Holding AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rentunder Holding AB's Net Income for the six months ended in Dec. 2023 was kr2.22 Mil. Rentunder Holding AB's Revenue for the six months ended in Dec. 2023 was kr7.29 Mil. Therefore, Rentunder Holding AB's net margin for the quarter that ended in Dec. 2023 was 30.41%.

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

NGM:RENT' s Net Margin % Range Over the Past 10 Years
Min: -715.72   Med: -20   Max: 7.52
Current: 7.52


NGM:RENT's Net Margin % is ranked better than
62.73% of 2973 companies
in the Industrial Products industry
Industry Median: 5.21 vs NGM:RENT: 7.52

Rentunder Holding AB Net Margin % Historical Data

The historical data trend for Rentunder Holding AB'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.

Rentunder Holding AB Net Margin % Chart

Rentunder Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -14.09 -53.75 -9.56 -25.91 7.52

Rentunder Holding AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -3.55 -25.39 -26.59 -23.11 30.41

Competitive Comparison of Rentunder Holding AB's Net Margin %

For the Pollution & Treatment Controls subindustry, Rentunder Holding AB'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.


Rentunder Holding AB's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rentunder Holding AB's Net Margin % distribution charts can be found below:

* The bar in red indicates where Rentunder Holding AB's Net Margin % falls into.



Rentunder Holding AB 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.

Rentunder Holding AB'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 )
=0.958/12.737
=7.52 %

Rentunder Holding AB's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=2.217/7.29
=30.41 %

* 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.


Rentunder Holding AB  (NGM:RENT) 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.


Rentunder Holding AB Net Margin % Related Terms

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Rentunder Holding AB (NGM:RENT) Business Description

Traded in Other Exchanges
N/A
Address
Gammelbygatan 18, Osthammar, SWE, 742 34
Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.

Rentunder Holding AB (NGM:RENT) Headlines

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