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Income Tax Expense for HydrogenPro AS

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HYPRO: HydrogenPro AS

HydrogenPro ASA engages in designing and delivering hydrogen technology and systems in Norway, Europe, the United States, and the Asia Pacific. It offers high-pressure alkaline electrolyzers. The comp...

4.70 NOK
Price
NOK
Fair Value
Upside
4.13 - 16.30
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on HydrogenPro AS's Income Tax Expense:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 2024-4 M0 K4 M8 M

Performance Summary
  • Looking back at the last 5 years, HydrogenPro's income tax expense peaked in December 2020 at 7.727 million.
  • HydrogenPro's income tax expense hit its 5-year low in December 2021 of -975 thousand.
  • HydrogenPro's income tax expense decreased in 2021 (-975 thousand, -112.6%) and increased in 2020 (7.727 million, -306.1%) and 2022 (-80 thousand, -91.8%).

How does HydrogenPro AS's Income Tax Expense benchmark against competitors?

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We've identified the following companies as similar to HydrogenPro AS because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Income Tax Expense

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inc_tax
Slug
number
Datatype
text
Format
current
Default Period
FY, Q, LTM, YTD
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Income Tax Expense in the financials category include:

  • EBITA - Earnings before interest, taxes and amortization (EBITA) adjusted for certain one-time items.
  • Current Income Taxes Payable - This item represents the accrued portion of Income taxes levied on the Corporate Income. If Income Taxes are combined with any other taxes or any other liabilities, where income taxes appear as first string and the company does not report the break up for the same, then the same will form part of this data item only.
  • Property Plant And Equipment, Net - The sum of all gross property, plant & equipment minus total accumulated depreciation and depletion.
  • Cash Acquisitions - The amount of cash spent by the company to acquire companies in the given period.
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Income Tax Expense

Definition of Income Tax Expense

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HydrogenPro did not report meaningful income tax expense for the latest twelve months ending December 31, 2024 on its income statement.

The tables below summarizes HydrogenPro’s Income Tax Expense and common size over the last five years:

Fiscal YearIncome Tax ExpenseRevenue% Revenue
2020-12-317.727 M26.694 M28.9%
2021-12-31-975 T20.036 M−4.9%
2022-12-31-80 T56.414 M−0.1%
2023-12-31NA568.2 M0.0%
2024-12-31NA195.7 M0.0%

The tables below summarizes HydrogenPro’s Income Tax Expense and common size over the last four quarters:

Quarter EndingIncome Tax ExpenseRevenue% Revenue
2024-03-31NA4.096 M0.0%
2024-06-30NA49.904 M0.0%
2024-09-30NA71.635 M0.0%
2024-12-31NA70.053 M0.0%

Click the link below to download a spreadsheet with an example Income Tax Expense calculation for HydrogenPro AS below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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0 K2 B4 B6.51 B05001,0001,500

The chart above depicts the distribution of income tax expense for companies operating in the Industrials sector in the Developed economic region. Over 3,250 companies were considered in this analysis, and 3,124 had meaningful values. The average income tax expense of companies in the sector is 308.4 M with a standard deviation of 746.3 M.

HydrogenPro AS's Income Tax Expense of - ranks in the - percentile for the sector. The following table provides additional summary stats:

Income Tax Expense In The Industrials Sector
Economic Risk RegionDeveloped
Total Constituents3,254
Included Constituents3,124
Min-109.4 M
Max6.498 B
Median35.06 M
Mean308.4 M
Standard Deviation746.3 M

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