Innofactor Oyj (OHEL:IFA1V) Tax Rate % : 21.00% (As of Mar. 2024)

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What is Innofactor Oyj Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Innofactor Oyj's Tax Expense for the three months ended in Mar. 2024 was €0.37 Mil. Innofactor Oyj's Pre-Tax Income for the three months ended in Mar. 2024 was €1.74 Mil. Therefore, Innofactor Oyj's Tax Rate % for the quarter that ended in Mar. 2024 was 21.00%.

Innofactor Oyj Tax Rate % Historical Data

The historical data trend for Innofactor Oyj'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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Innofactor Oyj Tax Rate % Chart

Innofactor Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-3,383.33

14.05

21.40

20.54

33.55

Innofactor Oyj 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															20.90	43.54	25.42	45.90	21.00

Innofactor Oyj Tax Rate % Calculation

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

Innofactor Oyj'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 )
	=	1.736	/	5.174
	=	33.55 %

Innofactor Oyj'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 )
	=	0.366	/	1.743
	=	21.00 %

Innofactor Oyj Tax Rate % Related Terms

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Innofactor Oyj (OHEL:IFA1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Innofactor Oyj (OHEL:IFA1V) » Definitions » Tax Rate %

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Traded in Other Exchanges

N/A

Address

Keilaranta 9, Espoo, FIN, 02150

Website

https://www.innofactor.com

Innofactor Oyj is a software provider focused on Microsoft solutions in Nordic countries. The company delivers to its customers IT projects as a system integrator and develops its own software products and services. The focus of the company's product development is on cloud solutions for Microsoft and its ecosystem. The company has office locations in Finland, Sweden, Denmark and Norway. The sale of services generates maximum revenue for the company.

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