Note 12 – Tax on profit for the year

Reconciliation of effective tax rate

	2018		2017
Group	Percent	Amount	Percent	Amount
Profit/loss before tax		-91,845,266		-97,443,281
Tax according to current tax rate for the parent company	22.0%	20,205,959	22.0%	-21,437,522
Tax-deductible items recognised in equity	6.6%	6,100,702	0.0%	-
Other non-deductible expenses	-3.4%	-3,143,182	-0.8%	-779,288
Reversal of previously non-deductible expenses	0.7%	604,912	0.1%	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 rate	0.0%	-	0.0%	-
	2018		2017

Parent company	Percent	Amount	Percent	Amount
Profit/loss before tax		-96,092,507		-94,230,036
Tax according to current tax rate for the parent company	22.0%	21,140,352	-22.0%	-20,730,608
Tax-deductible items recognised in equity	6.3%	6,100,702	0.0%	-
Non-deductible expenses	-3.3%	-3,143,182	-0.8%	-779,288
Reversal of previously non-deductible expenses	0.6%	604,912	0.1%	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 rate	0.0%	-	0.0%	-

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