Kreditbanken AS (OCSE:KRE) Tax Rate % : 18.44% (As of Dec. 2024)

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What is Kreditbanken AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kreditbanken AS's Tax Expense for the three months ended in Dec. 2024 was kr6.3 Mil. Kreditbanken AS's Pre-Tax Income for the three months ended in Dec. 2024 was kr34.1 Mil. Therefore, Kreditbanken AS's Tax Rate % for the quarter that ended in Dec. 2024 was 18.44%.

Kreditbanken AS Tax Rate % Historical Data

The historical data trend for Kreditbanken 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.

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Kreditbanken AS Tax Rate % Chart

Kreditbanken AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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21.00

20.71

21.27

23.09

24.55

Kreditbanken AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															18.76	21.51	26.48	30.06	18.44

Kreditbanken AS Tax Rate % Calculation

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

Kreditbanken AS's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	45.302	/	184.549
	=	24.55 %

Kreditbanken AS's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	6.29	/	34.114
	=	18.44 %

Kreditbanken AS Tax Rate % Related Terms

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Kreditbanken AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kreditbanken AS (OCSE:KRE) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

H.P. Hanssens Gade 17, Aabenraa, DNK, 6200

Website

http://alm.kreditbanken.dk

Kreditbanken AS is Denmark based bank engaged in providing financial services and products to corporate and private customers. Its services includes deposits, savings account, credit cards, car loans, mortgages, insurance products, internet banking and investment advice.