Volue ASA (OSL:VOLUE) Tax Rate % : 15.76% (As of Jun. 2024)

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What is Volue ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Volue ASA's Tax Expense for the three months ended in Jun. 2024 was kr4 Mil. Volue ASA's Pre-Tax Income for the three months ended in Jun. 2024 was kr26 Mil. Therefore, Volue ASA's Tax Rate % for the quarter that ended in Jun. 2024 was 15.76%.

Volue ASA Tax Rate % Historical Data

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

Volue ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.17

20.01

30.08

47.12

42.44

Volue ASA Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Tax Rate %	Get a 7-Day Free Trial															32.70	16.54	-3.06	30.87	15.76

Volue ASA Tax Rate % Calculation

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

Volue 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 )
	=	26.566	/	62.596
	=	42.44 %

Volue ASA'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 )
	=	4.103	/	26.03
	=	15.76 %

Volue ASA Tax Rate % Related Terms

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Volue ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Volue ASA (OSL:VOLUE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Christian Krohgs gate 16, Postboks 9008, Oslo, NOR, NO-0186

Website

https://www.volue.com

Volue ASA is engaged in investing in its own and managing companies and carrying out its business activities within IT and other software services. It has three segments: Energy, Power Grid, and Infrastructure. The Energy segment delivers solutions that help customers master the energy transition by enabling wall-to-wall digitalization of the green energy value chain. The Power Grid segment enables power distributors to support the electrification of society by unlocking flexibility and digital management of the power grid. The infrastructure segment offers customers flexible capabilities for digital water management and helps automate processes and machines for the construction industry. The majority of the company's revenue comes from the Energy segment.

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