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Nova Klubburinn hf (OISE:NOVA) Pretax Margin % : 5.24% (As of Mar. 2024)


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What is Nova Klubburinn hf Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nova Klubburinn hf's Pre-Tax Income for the three months ended in Mar. 2024 was kr166 Mil. Nova Klubburinn hf's Revenue for the three months ended in Mar. 2024 was kr3,168 Mil. Therefore, Nova Klubburinn hf's pretax margin for the quarter that ended in Mar. 2024 was 5.24%.

The historical rank and industry rank for Nova Klubburinn hf's Pretax Margin % or its related term are showing as below:

OISE:NOVA' s Pretax Margin % Range Over the Past 10 Years
Min: 2.06   Med: 5.4   Max: 15.4
Current: 6.61


OISE:NOVA's Pretax Margin % is ranked better than
51.98% of 379 companies
in the Telecommunication Services industry
Industry Median: 5.79 vs OISE:NOVA: 6.61

Nova Klubburinn hf Pretax Margin % Historical Data

The historical data trend for Nova Klubburinn hf's Pretax 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.

Nova Klubburinn hf Pretax Margin % Chart

Nova Klubburinn hf Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
2.06 4.31 15.40 5.40 6.88

Nova Klubburinn hf Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax 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 6.35 4.73 10.29 6.12 5.24

Competitive Comparison of Nova Klubburinn hf's Pretax Margin %

For the Telecom Services subindustry, Nova Klubburinn hf's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Nova Klubburinn hf's Pretax Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nova Klubburinn hf's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nova Klubburinn hf's Pretax Margin % falls into.



Nova Klubburinn hf Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Nova Klubburinn hf's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=883.55/12837.538
=6.88 %

Nova Klubburinn hf's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=165.996/3167.634
=5.24 %

* 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.


Nova Klubburinn hf  (OISE:NOVA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Nova Klubburinn hf Pretax Margin % Related Terms

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Nova Klubburinn hf (OISE:NOVA) Business Description

Traded in Other Exchanges
N/A
Address
Lágmúli 9, Reykjavík, ISL, 108
Nova Klubburinn hf a full-service telecommunications company operating in Iceland. Nova's customers are individuals and small and medium sized corporations. It operates through three key business areas: mobile network, Fixed network and Goods sold and Others.

Nova Klubburinn hf (OISE:NOVA) Headlines