Nordic Iron Ore AB (OSTO:NIO) Operating Income: kr-18.31 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:NIO Nordic Iron Ore AB OSTO:NIO
21 GF Score
Price kr4.57
! 1 Warning Sign
View Full Analysis

What is Nordic Iron Ore AB Operating Income?

Nordic Iron Ore AB OSTO:NIO +0.44% 21 Operating Income is kr-18.31 Mil as of Mar. 2026. GuruFocus rates OSTO:NIO with a GF Score™ of 21/100. The stock has 1 warning sign investors should review.

Nordic Iron Ore AB's Operating Income for the three months ended in Mar. 2026 was kr-4.31 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was kr-18.31 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nordic Iron Ore AB's Operating Income for the three months ended in Mar. 2026 was kr-4.31 Mil. Nordic Iron Ore AB's Revenue for the three months ended in Mar. 2026 was kr0.00 Mil. Therefore, Nordic Iron Ore AB's Operating Margin % for the quarter that ended in Mar. 2026 was %.

Nordic Iron Ore AB's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nordic Iron Ore AB's annualized ROC % for the quarter that ended in Mar. 2026 was -7.16%. Nordic Iron Ore AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -753.77%.


Nordic Iron Ore AB  (OSTO:NIO) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Nordic Iron Ore AB's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-17.22 * ( 1 - 0% )/( (235.295 + 245.567)/ 2 )
=-17.22/240.431
=-7.16 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Nordic Iron Ore AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-16.956/( ( (2.301 + max(-14.007, 0)) + (2.198 + max(-6.729, 0)) )/ 2 )
=-16.956/( ( 2.301 + 2.198 )/ 2 )
=-16.956/2.2495
=-753.77 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 3.797) - (10.904 + 0 + 6.9)
=-14.007

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 2.828) - (0 + 0 + 9.557)
=-6.729

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Nordic Iron Ore AB's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-4.305/0
= %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Nordic Iron Ore AB Operating Income Related Terms


Nordic Iron Ore AB Operating Income Historical Data

* Premium members only.

The historical data trend for Nordic Iron Ore AB's Operating Income 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.

Nordic Iron Ore AB Operating Income Chart

Nordic Iron Ore AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.24 -9.38 -11.07 -14.46 -20.63

Nordic Iron Ore AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 -6.63 -6.22 -3.49 -4.29 -4.31
OSTO:NIO
21GF Score
Nordic Iron Ore AB OSTO:NIO
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Iron Ore AB Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-18.31 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of kr-18.31 Mil mean?
Nordic Iron Ore AB (OSTO:NIO) has a Operating Income of kr-18.31 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Nordic Iron Ore AB and its competitors.
Is Nordic Iron Ore AB's Operating Income too high?
Nordic Iron Ore AB's current Operating Income is kr-18.31 Mil. Overall, Nordic Iron Ore AB has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Iron Ore AB's Operating Income compare to competitors?
Nordic Iron Ore AB's Operating Income of kr-18.31 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Metals & Mining company?
A good Operating Income depends on the Metals & Mining industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Nordic Iron Ore AB and its competitors. Nordic Iron Ore AB's current Operating Income is kr-18.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Iron Ore AB stock overvalued right now?
Nordic Iron Ore AB (OSTO:NIO) has a current Operating Income of kr-18.31 Mil. The current Operating Income is kr-18.31 Mil. Nordic Iron Ore AB's overall GF Score™ is 21/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Nordic Iron Ore AB (OSTO:NIO), the current Operating Income is kr-18.31 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nordic Iron Ore AB Business Description

Other Exchanges NIO:Germany
Address Jagarnasvagen 22, Ludvika, SWE, SE-771 42
Nordic Iron Ore AB is an exploration and mining company, through the management and development of the exploration permits and mining concessions held by the company relating to iron ore deposits in Vasterbergslagen. The deposit consists of two types of iron-bearing minerals, haematite and magnetite, as well as phosphate minerals, where apatite is of interest. It operates in Blotberget, Haksberg, and Vasman regions. The company operates in single segment, namely the exploration for and evaluation of mineral resources in Sweden.
21GF Score

Get the complete analysis for OSTO:NIO

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr4.57
Price