Arendals Fossekompani ASA (OSL:AFK) Tax Rate % : -363.16% (As of Mar. 2024)

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What is Arendals Fossekompani ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Arendals Fossekompani ASA's Tax Expense for the three months ended in Mar. 2024 was kr69 Mil. Arendals Fossekompani ASA's Pre-Tax Income for the three months ended in Mar. 2024 was kr-19 Mil. Therefore, Arendals Fossekompani ASA's Tax Rate % for the quarter that ended in Mar. 2024 was -363.16%.

Arendals Fossekompani ASA Tax Rate % Historical Data

The historical data trend for Arendals Fossekompani ASA'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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Arendals Fossekompani ASA Tax Rate % Chart

Arendals Fossekompani ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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62.23

33.88

70.76

107.64

107.55

Arendals Fossekompani ASA 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															70.17	72.30	325.00	-361.29	-363.16

Arendals Fossekompani ASA Tax Rate % Calculation

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

Arendals Fossekompani ASA'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 )
	=	420.547	/	391.027
	=	107.55 %

Arendals Fossekompani ASA'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 )
	=	69	/	-19
	=	-363.16 %

Arendals Fossekompani ASA Tax Rate % Related Terms

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Arendals Fossekompani ASA (OSL:AFK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Arendals Fossekompani ASA (OSL:AFK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

AFKO:Sweden 5VZ:Germany

Address

Langbryggen 5, Arendal, NOR, 4841

Website

https://www.arendalsfossekompani.no

Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company has proud traditions in power production and owns and operates two hydropower plants, and also runs several property development projects. In addition, the firm operates globally in many forward-looking industries including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has 10 operating segments; Hydropower, Group Management, Volue, NSSLGIobaI, ENRX, Tekna, AFK Property, Alytic, Ampwell, and Vergia.