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Results for the year - Income taxes and deferred income taxes - Computation of Effective Tax Rate (Details)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Computation of effective tax rate:      
Statutory corporate income tax rate in Denmark 22.00% 22.00% 22.00%
Deviation in foreign subsidiaries’ tax rates compared to the Danish tax rate (net) (2.10%) (1.90%) 0.00%
Non-taxable income less non-tax-deductible expenses (net) 0.10% (0.20%) 0.10%
Others, including adjustment of prior years (0.20%) (1.00%) (0.40%)
Effective tax rate 19.80% 18.90% 21.70%