Norditek Group AB (OSTO:NOTEK) Tax Rate % : 24.71% (As of Nov. 2024)

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What is Norditek Group AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Norditek Group AB's Tax Expense for the three months ended in Nov. 2024 was kr1.28 Mil. Norditek Group AB's Pre-Tax Income for the three months ended in Nov. 2024 was kr5.20 Mil. Therefore, Norditek Group AB's Tax Rate % for the quarter that ended in Nov. 2024 was 24.71%.

Norditek Group AB Tax Rate % Historical Data

The historical data trend for Norditek 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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Norditek Group AB Tax Rate % Chart

Norditek Group AB Annual Data

Trend

Aug21

Aug22

Aug23

Aug24

Tax Rate %

15.99

33.08

67.29

Norditek Group AB Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Tax Rate %	Get a 7-Day Free Trial									38.80	14.04	37.82	14.85	24.71

Norditek Group AB Tax Rate % Calculation

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

Norditek Group AB's Tax Rate % for the fiscal year that ended in Aug. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Aug. 2024 )	/	Pre-Tax Income (A: Aug. 2024 )
	=	1.432	/	2.128
	=	67.29 %

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

Tax Rate %	=	Tax Expense (Q: Nov. 2024 )	/	Pre-Tax Income (Q: Nov. 2024 )
	=	1.284	/	5.196
	=	24.71 %

Norditek Group AB Tax Rate % Related Terms

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Norditek Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Norditek Group AB (OSTO:NOTEK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stora Avagen 21, Askim, SWE, 436 34

Website

https://www.norditek.se

Norditek Group AB is an environmental technology company with a focus on mobile and flexiblerecycling facilities in the Waste, Gravel & Rock and Biomass segments.

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