Note 12 – Income tax

Reconciliation of effective tax

Current tax	2019	2018
Current tax on net profit for the year	0	0
Adjustments for current tax of prior periods	0	0
Total current tax	0	0

Deferred tax
Occurrence and reversal of temporary differences	0	0
Effect of changed tax rates	0	0
Total deferred tax	0	0
Total income tax	0	0

The income tax on consolidated earnings before tax differs from the theoretical amount that would have resulted using the Swedish rate of tax for the profits of the consolidated entities as follows:

		2019		2018
Profit/loss before tax		-160,897		-92,004
Tax according to Parent Company's current tax rate	21.4%	34,432	22%	20,241
Tax effects of:
Tax-deductible items recognised against shareholders’ equity	5.4%	8,763	6.6%	6,101
Other non-deductible expenses	-2.2%	-3,501	-3.4%	-3,143
Non-taxable income	0.0%	0	0.0%	0
Reversal of previously non-deductible expenses	0.7%	1,076	0.7%	605
Increase in loss carry-forwards without corresponding capitalisation of deferred tax	-25.3%	-40,770	-25.9%	-23,251
Other	0.0%	0	0.0%	0
Income tax	0.0%	0	0.0%	0