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Note 12 – Tax on profit for the year

Reconciliation of effective tax rate

 20182017
GroupPercentAmountPercentAmount
Profit/loss before tax -91,845,266 -97,443,281
Tax according to current tax rate for the parent company22.0%20,205,95922.0%-21,437,522
Tax-deductible items recognised in equity6.6%6,100,7020.0%-
Other non-deductible expenses-3.4%-3,143,182-0.8%-779,288
Reversal of previously non-deductible expenses0.7%604,9120.1%57,042
Increase in tax loss carryforward without corresponding capitalisation of deferred tax-25.9%-23,768,390-21.3%-20,715,276
Reported effective tax rate0.0%-0.0%-
 20182017
Parent companyPercentAmountPercentAmount
Profit/loss before tax -96,092,507 -94,230,036
Tax according to current tax rate for the parent company22.0%21,140,352-22.0%-20,730,608
Tax-deductible items recognised in equity6.3%6,100,7020.0%-
Non-deductible expenses-3.3%-3,143,182-0.8%-779,288
Reversal of previously non-deductible expenses0.6%604,9120.1%57,042
Increase in tax loss carryforward without corresponding capitalisation of deferred tax-25.7%-24,702,783-21.2%-20,008,362
Reported effective tax rate0.0%-0.0%-

The tax loss carryforward is calculated at SEK 730,967,714 (618,682,334).