Notes for P&L
Note 38 Taxes
Estimates and judgments
The parent company's deferred tax assets mainly relate to tax losses. The accounting for this asset is based on an assessment of the likelihood that they can be utilized against future taxable profits, in accordance with IAS 12.
The parent company is expected to generate sufficient taxable profits to utilize the recognized deferred tax assets within a foreseeable future.
The assessment is based on the parent company's business plans and forecasts, which cover a period of 5 years and include assumptions about revenue development, cost structure, margins, and financing costs. The forecasts are based on plans established by the board of directors, as well as historical outcomes and known changes in the business.
Uncertainty in the assessment is mainly related to assumptions about future profitability and market development. If these assumptions are not realized, it may affect the value of the deferred tax assets.
Tax expense, Parent company, SEK M
| 2025 | 2024 | |
|---|---|---|
| Current tax expense | 0.0 | -0.3 |
| Deferred tax expense | 0.0 | -110.9 |
| Total reported tax expense | 0.0 | -111.2 |
Reconciliation of effective tax, Parent company, SEK M
| 2025 | % | 2024 | % | |
|---|---|---|---|---|
| Profit/loss before tax | -130.6 | 0.0 | -310.9 | 0.0 |
| Theoretical tax at applicable tax rate for Parent company | 26.9 | 20.6 | 64.1 | -20.6 |
| Differences in tax rates for foreign subsidiaries | 0.0 | - | 0.0 | - |
| Non-deductible expenses | -13.6 | 10.4 | -4.2 | 1.3 |
| Non-taxable revenues | 0.0 | -0.0 | 0.5 | -0.2 |
| Loss carryforwards for which no deferred tax asset has been recognized | -13.3 | 10.2 | -171.6 | 55.2 |
| Tax attributable to previous year | 0.0 | 0.0 | 0.0 | 0.0 |
| Reported effective tax | 0.0 | 0.0 | -111.2 | 35.8 |
Deferred tax assets and tax liabilities are divided as follows:
Deferred tax assets, SEK M
| 2025 | 2024 | |
|---|---|---|
| Deferred tax assets to be settled after more than 12 months | 54.9 | 54.9 |
| Total deferred tax assets | 54.9 | 54.9 |
Changes in deferred tax assets and tax liabilities are stated below:
Tax losses forward, SEK M
| As of 1 January 2024 | 165.8 | |||
| Reported in income statement | -110.9 | |||
| As of 31 December 2024 | 54.9 | |||
| Reported in income statement | 0.0 | |||
| As of 31 December 2025 | 54.9 |