Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Tax Rate %

: 30.75% (As of Dec. 2023)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gjensidige Forsikring ASA's Tax Expense for the three months ended in Dec. 2023 was $47 Mil. Gjensidige Forsikring ASA's Pre-Tax Income for the three months ended in Dec. 2023 was $152 Mil. Therefore, Gjensidige Forsikring ASA's Tax Rate % for the quarter that ended in Dec. 2023 was 30.75%.

Gjensidige Forsikring ASA Tax Rate % Historical Data

The historical data trend for Gjensidige Forsikring 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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Gjensidige Forsikring ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

15.45

21.88

18.85

20.38

25.60

Gjensidige Forsikring ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %																21.41	23.10	21.76	26.10	30.75

Gjensidige Forsikring ASA Tax Rate % Calculation

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

Gjensidige Forsikring 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 )
	=	134.7	/	526.238
	=	25.60 %

Gjensidige Forsikring ASA's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	46.827	/	152.293
	=	30.75 %

Gjensidige Forsikring ASA Tax Rate % Related Terms

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Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gjensidige Forsikring ASA (OTCPK:GJNSY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GJFo:Sweden GJF:Norway 0OJC:UK XGJ:Germany

Address

Schweigaardsgate 21, Oslo, NOR, 0191

Website

https://www.gjensidige.no

Gjensidige Forsikring ASA is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Headlines

From GuruFocus

David Einhorn Comments on Gjensidige Forsikring

By Holly LaFon Holly LaFon • 10-16-2013