Hynion AS (OSL:HYN) Tax Rate %: 0.00% (As of Jun. 2024)

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What is Hynion AS Tax Rate %?

Hynion AS OSL:HYN Tax Rate % is 0.00% as of Jun. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hynion AS's Tax Expense for the six months ended in Jun. 2024 was kr0.00 Mil. Hynion AS's Pre-Tax Income for the six months ended in Jun. 2024 was kr-9.26 Mil. Therefore, Hynion AS's Tax Rate % for the quarter that ended in Jun. 2024 was 0.00%.

Hynion AS Tax Rate % Related Terms

Hynion AS Tax Rate % Historical Data

* Premium members only.

The historical data trend for Hynion 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.

Hynion AS Tax Rate % Chart

Hynion AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
0.00 -0.22 0.00 0.00 0.00

Hynion AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Hynion AS Tax Rate % Calculation

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

Hynion 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 )
=0/-32.22
=0.00 %

Hynion 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 )
=0/-9.258
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Hynion AS (OSL:HYN) has a Tax Rate % of 0.00% as of Jun. 2024.
Is Hynion AS's Tax Rate % too high?
Hynion AS's current Tax Rate % is 0.00%.
How does Hynion AS's Tax Rate % compare to TSCO and WSM?
Hynion AS's Tax Rate % of 0.00% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Retail - Cyclical company?
A good Tax Rate % depends on the Retail - Cyclical industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Hynion AS's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hynion AS stock overvalued right now?
Hynion AS (OSL:HYN) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Hynion AS (OSL:HYN), the current Tax Rate % is 0.00% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hynion AS Business Description

Address Sandviksveien 17, P.O. box 526, Hovik, NOR, 1363
Hynion AS is a hydrogen fuel company whose main business is to sell hydrogen fuel through hydrogen stations owned by the company. The company designs, builds, owns, and operates hydrogen fuel stations. The company has four hydrogen stations, one in Norway and three in Sweden.