GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortnox AB (LTS:0G3T) » Definitions » Tax Rate %

Fortnox AB (LTS:0G3T) Tax Rate % : 20.83% (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Fortnox AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fortnox AB's Tax Expense for the three months ended in Sep. 2024 was kr50 Mil. Fortnox AB's Pre-Tax Income for the three months ended in Sep. 2024 was kr240 Mil. Therefore, Fortnox AB's Tax Rate % for the quarter that ended in Sep. 2024 was 20.83%.

Fortnox AB Tax Rate % Historical Data

The historical data trend for Fortnox AB'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.

* Premium members only.

Fortnox AB Tax Rate % Chart

Fortnox AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.59 21.66 21.92 23.40 15.81

Fortnox AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 21.99 -1.08 21.16 20.39 20.83

Fortnox AB Tax Rate % Calculation

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

Fortnox AB'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 )
=107/677
=15.81 %

Fortnox AB's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=50/240
=20.83 %

* 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.

Fortnox AB Tax Rate % Related Terms

Thank you for viewing the detailed overview of Fortnox AB's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortnox AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortnox AB (LTS:0G3T) » Definitions » Tax Rate %
Comparable Companies
OSTO:VIT B OSTO:BETCO OSTO:TRUE B OSTO:LIME OSTO:CINT OSTO:SEYE OSTO:FPIP OSTO:IAR B OSTO:MSAB B OSTO:CHECK CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
FNOX:Sweden FNOXs:UK 9E80:Germany
Address
Framtidsvagen Street 10A, PO Box 427, Videum Science Park, Vaxjo, SWE, 351 06
Website
https://www.fortnox.se
Fortnox AB provides internet-based business applications that offer products, packages, and integrations to cover a business's financial and administrative needs by creating easy flows in accounting, invoicing, financing, and managing employees. Its segments are Businesses, Accounting Firms, Core Products, Financial Services, and Marketplaces.

Fortnox AB Headlines

No Headlines