SalMar ASA (OSTO:SALMO) Tax Rate % : 7.83% (As of Mar. 2024)

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What is SalMar ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SalMar ASA's Tax Expense for the three months ended in Mar. 2024 was kr76 Mil. SalMar ASA's Pre-Tax Income for the three months ended in Mar. 2024 was kr971 Mil. Therefore, SalMar ASA's Tax Rate % for the quarter that ended in Mar. 2024 was 7.83%.

SalMar ASA Tax Rate % Historical Data

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

SalMar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.44

21.91

21.22

20.91

62.28

SalMar 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															21.92	153.17	70.44	-29.28	7.83

SalMar ASA Tax Rate % Calculation

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

SalMar 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 )
	=	4533.736	/	7279.321
	=	62.28 %

SalMar 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 )
	=	76	/	971
	=	7.83 %

SalMar ASA Tax Rate % Related Terms

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SalMar ASA (OSTO:SALMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SalMar ASA (OSTO:SALMO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SALRY:USA SALRF:USA SALM:Norway 0FWY:UK JEP:Germany

Address

Industriveien 51, Kverva, NOR, N-7266

Website

https://www.salmar.no

SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.

SalMar ASA (OSTO:SALMO) Headlines

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