Hove A/S (OCSE:HOVE) Tax Rate % : -55.19% (As of Dec. 2023)

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What is Hove A/S Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hove A/S's Tax Expense for the six months ended in Dec. 2023 was kr1.4 Mil. Hove A/S's Pre-Tax Income for the six months ended in Dec. 2023 was kr-2.6 Mil. Therefore, Hove A/S's Tax Rate % for the quarter that ended in Dec. 2023 was -55.19%.

Hove A/S Tax Rate % Historical Data

The historical data trend for Hove A/S'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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Hove A/S Tax Rate % Chart

Hove A/S Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

23.71

23.55

22.35

21.58

52.52

Hove A/S Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial			29.98	51.03	17.03	25.01	-55.19

Hove A/S Tax Rate % Calculation

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

Hove A/S'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 )
	=	3.955	/	7.53
	=	52.52 %

Hove A/S's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1.426	/	-2.584
	=	-55.19 %

Hove A/S Tax Rate % Related Terms

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Hove A/S (OCSE:HOVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hove A/S (OCSE:HOVE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

LL0:Germany

Address

Herstedostervej 7, Glostrup, DNK, 2600

Website

https://www.hove-as.com

Hove A/S is engaged in developing and designing complete advanced lubrication solutions. Its products cover Hove Smart Lube, Lubrication solutions, and Beinlich & Hafnia pumps.

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