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Karnell Group AB (OSTO:KARNEL B) Tax Rate % : 69.44% (As of Mar. 2024)


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What is Karnell Group AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Karnell Group AB's Tax Expense for the three months ended in Mar. 2024 was kr5.0 Mil. Karnell Group AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr7.2 Mil. Therefore, Karnell Group AB's Tax Rate % for the quarter that ended in Mar. 2024 was 69.44%.

Karnell Group AB Tax Rate % Historical Data

The historical data trend for Karnell Group 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.

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Karnell Group AB Tax Rate % Chart

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
36.92 34.97 26.89

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Tax Rate % - - 49.00 - 69.44

Karnell Group AB Tax Rate % Calculation

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

Karnell Group 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 )
=36.6/136.1
=26.89 %

Karnell Group AB's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=5/7.2
=69.44 %

* 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.

Karnell Group AB Tax Rate % Related Terms

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Karnell Group AB (OSTO:KARNEL B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » Tax Rate %
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Traded in Other Exchanges
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Address
Riddargatan 13D, Stockholm, SWE, 114 51
Website
https://www.karnell.se
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

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