Vestum AB (OSTO:VESTUM) Tax Rate % : 8.11% (As of Mar. 2024)

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What is Vestum AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vestum AB's Tax Expense for the three months ended in Mar. 2024 was kr-3 Mil. Vestum AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr-37 Mil. Therefore, Vestum AB's Tax Rate % for the quarter that ended in Mar. 2024 was 8.11%.

Vestum AB Tax Rate % Historical Data

The historical data trend for Vestum AB's Tax Rate % 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.

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Vestum AB Tax Rate % Chart

Vestum AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.23

66.67

28.99

25.71

Vestum AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															9.30	21.13	20.83	30.00	8.11

Vestum AB Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Vestum AB's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	36	/	140
	=	25.71 %

Vestum AB's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	-3	/	-37
	=	8.11 %

Vestum AB Tax Rate % Related Terms

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Vestum AB (OSTO:VESTUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vestum AB (OSTO:VESTUM) » Definitions » Tax Rate %

Traded in Other Exchanges

W0S:Germany

Address

Riddargatan 10, Stockholm, SWE, 114 35

Website

https://www.vestum.se

Vestum AB is an acquisition-driven group that acquires and develops companies in construction, and infrastructure industries within the segments Water, Services and Infrastructure. The segment Water includes companies with a focus on improving the service sector for water infrastructure, Service segment includes companies that provide various services for the construction services industry, and Infra segment includes companies that work in areas such as civil engineering, water & sewage, roads, bridges, etc. Infra segment contributes majorily to the revenue of the company.

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