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Otovo ASA (OSL:OTOVO) Tax Rate % : 0.01% (As of Sep. 2024)


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What is Otovo ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Otovo ASA's Tax Expense for the three months ended in Sep. 2024 was kr-0.0 Mil. Otovo ASA's Pre-Tax Income for the three months ended in Sep. 2024 was kr-120.5 Mil. Therefore, Otovo ASA's Tax Rate % for the quarter that ended in Sep. 2024 was 0.01%.


Otovo ASA Tax Rate % Historical Data

The historical data trend for Otovo 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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Otovo ASA Tax Rate % Chart

Otovo ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 24.87 0.09 0.30 2.44 1.29

Otovo ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.42 0.02 0.01 0.01

Otovo ASA Tax Rate % Calculation

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

Otovo 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 )
=-5.047/-389.82
=1.29 %

Otovo ASA's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=-0.017/-120.507
=0.01 %

* 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.


Otovo ASA Tax Rate % Related Terms

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Otovo ASA Business Description

Traded in Other Exchanges
Address
Torggata 7, Oslo, NOR, 0181
Otovo ASA is an energy company. It is engaged in the development, commercialization and installation of renewable power, as well as taking ownership or providing business advice related to it. The Group's operating segments are The Marketplace, and Subscription SPV. The Marketplace segment consists of transactions relating to sale of solar panels and related products, while the Subscription segment consists of transactions related to customers subscribing to use solar panels and related products.

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