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Hove AS (OCSE:HOVE) Tax Rate % : 25.94% (As of Jun. 2024)


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What is Hove AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hove AS's Tax Expense for the six months ended in Jun. 2024 was kr1.7 Mil. Hove AS's Pre-Tax Income for the six months ended in Jun. 2024 was kr6.4 Mil. Therefore, Hove AS's Tax Rate % for the quarter that ended in Jun. 2024 was 25.94%.

Hove AS Tax Rate % Historical Data

The historical data trend for Hove AS'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.

* Premium members only.

Hove AS Tax Rate % Chart

Hove AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
23.71 23.55 22.35 21.58 52.52

Hove AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only 51.03 17.03 25.01 -55.19 25.94

Hove AS Tax Rate % Calculation

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

Hove AS'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 AS's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=1.665/6.418
=25.94 %

* 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.

Hove AS Tax Rate % Related Terms

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Hove AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hove AS (OCSE:HOVE) » Definitions » Tax Rate %
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Traded in Other Exchanges
LL0:Germany
Address
Herstedostervej 7, Glostrup, DNK, 2600
Website
https://www.hove-as.com
Hove AS develops, produces, and supplies lubrication solutions for heavy machinery. Its solutions are Hove Smart Lube, Hove Carry, Lubrication Solutions, and Beinlich Pumps. It also provides solutions for the Wind and Port industries.

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