Gronlandsbanken AS (CHIX:GRLAC) Tax Rate %: -74.25% (As of Mar. 2026)

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CHIX:GRLAC Gronlandsbanken AS CHIX:GRLAC
53 GF Score
Price kr590.00
GF Value kr367.12
! 9 Warning Signs
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What is Gronlandsbanken AS Tax Rate %?

Gronlandsbanken AS CHIX:GRLAC 53 Tax Rate % is -74.25% as of Mar. 2026. GuruFocus rates CHIX:GRLAC with a GF Score™ of 53/100 and a GF Value™ of kr367.12. The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gronlandsbanken AS's Tax Expense for the three months ended in Mar. 2026 was kr-26.9 Mil. Gronlandsbanken AS's Pre-Tax Income for the three months ended in Mar. 2026 was kr36.3 Mil. Therefore, Gronlandsbanken AS's Tax Rate % for the quarter that ended in Mar. 2026 was -74.25%.

Gronlandsbanken AS Tax Rate % Related Terms

Gronlandsbanken AS Tax Rate % Historical Data

* Premium members only.

The historical data trend for Gronlandsbanken AS'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.

Gronlandsbanken AS Tax Rate % Chart

Gronlandsbanken AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.41 9.50 21.33 14.93 0.30

Gronlandsbanken AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -90.14 25.00 25.01 25.38 -74.25
CHIX:GRLAC
53GF Score
Gronlandsbanken AS CHIX:GRLAC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gronlandsbanken AS Tax Rate % Calculation

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

Gronlandsbanken AS's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=0.536/181.389
=0.30 %

Gronlandsbanken AS's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=-26.932/36.274
=-74.25 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -74.25% mean?
Gronlandsbanken AS (CHIX:GRLAC) has a Tax Rate % of -74.25% as of Mar. 2026.
Is Gronlandsbanken AS's Tax Rate % too high?
Gronlandsbanken AS's current Tax Rate % is -74.25%. Overall, Gronlandsbanken AS has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Gronlandsbanken AS's Tax Rate % compare to competitors?
Gronlandsbanken AS's Tax Rate % of -74.25% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Gronlandsbanken AS's current Tax Rate % is -74.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gronlandsbanken AS stock overvalued right now?
Gronlandsbanken AS (CHIX:GRLAC) has a current Tax Rate % of -74.25%. The stock's GF Value™ is kr367.12, compared to a current price of kr590.00 — trading 60.7% above its estimated fair value. The current Tax Rate % is -74.25%. Gronlandsbanken AS's overall GF Score™ is 53/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Gronlandsbanken AS (CHIX:GRLAC), the current Tax Rate % is -74.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gronlandsbanken AS (CHIX:GRLAC) Overvalued in 2026?

Based on GuruFocus' analysis, Gronlandsbanken AS stock appears to be overvalued. The current stock price of kr590.00 is trading 60.7% above its estimated GF Value™ of kr367.12.

Key valuation signals for CHIX:GRLAC:

  • Tax Rate %: -74.25%
  • GF Value™: kr367.12 vs. price of kr590.00 (60.7% above fair value)
  • GF Score™: 53/100 with 9 warning signs

No single metric tells the full story. See the CHIX:GRLAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Gronlandsbanken AS Business Description

Other Exchanges 0OGV:UKGRLA:Denmark
Address Imaneq 33, Post Box 1033, Nuuk, GRL, 3900
Gronlandsbanken AS is a Greenland-based bank engaged in consultancy and financial services in Greenland. The bank's products and services are provided to private customers and commercial enterprises. The company offers home banking, mortgage loans, savings accounts, pension funds, insurance, payment transfers, and investment advisory services. It also operates an electronic banking platform, named Netbank, which enables access to a range of facilities, such as payments, transfers, and invoices.
53GF Score

Get the complete analysis for CHIX:GRLAC

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr590.00
Price
kr367.12
GF Value