Nordic Paper Holding AB (OSTO:NPAPER) Tax Rate % : 23.59% (As of Mar. 2024)

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What is Nordic Paper Holding AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nordic Paper Holding AB's Tax Expense for the three months ended in Mar. 2024 was kr46 Mil. Nordic Paper Holding AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr195 Mil. Therefore, Nordic Paper Holding AB's Tax Rate % for the quarter that ended in Mar. 2024 was 23.59%.

Nordic Paper Holding AB Tax Rate % Historical Data

The historical data trend for Nordic Paper Holding 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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Nordic Paper Holding AB Tax Rate % Chart

Nordic Paper Holding AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.23

21.34

20.33

20.17

22.39

Nordic Paper Holding AB Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															21.36	19.10	31.25	28.09	23.59

Nordic Paper Holding AB Tax Rate % Calculation

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

Nordic Paper Holding 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 )
	=	120	/	536
	=	22.39 %

Nordic Paper Holding 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 )
	=	46	/	195
	=	23.59 %

Nordic Paper Holding AB Tax Rate % Related Terms

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Nordic Paper Holding AB (OSTO:NPAPER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nordic Paper Holding AB (OSTO:NPAPER) » Definitions » Tax Rate %

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0ABK:UK

Address

Tullhusgatan 1B, Karlstad, SWE, 652 09

Website

https://www.nordic-paper.com

Nordic Paper Holding AB is a paper company operating in two segments; Kraft paper is used in many end-use applications, such as in products aimed at consumers, including carrier bags and food packaging, in packaging for building materials, and in multiple other industrial applications, and Greaseproof paper is a group of paper types that are characterized by a resistance to oil or grease and is mainly used in the food sector but also have a number of industrial applications. The company offers effective and environmentally responsible products and solutions within the Kraft Paper and Natural Greaseproof segments.

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