Statistics Norway

Statistics of accounts-local government owned rehabilitation enterprises

1 Statistics of accounts-local government-owned rehabilitation enterprises. 2005-2009. NOK million and per cent
  2005 2006 2007 2008 2009
  NOK million Per cent NOK million Per cent NOK million Per cent NOK million Per cent NOK million Per cent
Income statement                    
Operating income 5 288  100.0 5 834  100.0 6 400  100.0 6 886  100.0 6 787  100.0
Sales revenue 2 965 56.1 3 403 58.3 3 766 58.8 4 051 58.8 3 761 54.6
Public subsidy 2 203 41.7 2 363 40.5 2 507 39.2 2 710 39.4 2 889 42.0
Other operating income  121 2.3 67 1.2  127 2.0  124 1.8  137 2.0
                     
Operating expenses 5 074 96.0 5 612 96.2 6 100 95.3 6 642 96.5 6 642 96.5
Raw materials and consumables 1 306 24.7 1 488 25.5 1 649 25.8 1 757 25.5 1 623 23.6
Payroll expenses 2 686 50.8 2 972 51.0 3 181 49.7 3 525 51.2 3 643 52.9
Depreciation and amortisation expenses  191 3.6  207 3.5  232 3.6  248 3.6  261 3.8
Other expenses  892 16.9  945 16.2 1 038 16.2 1 112 16.1 1 115 16.2
                     
Operating profit  214 4.0  221 3.8  300 4.7  244 3.5  145 2.1
                     
Financial income 26 0.5 39 0.7 64 1.0 85 1.2 74 1.1
Financial expenses 47 0.9 57 1.0 86 1.3  152 2.2  100 1.5
                     
Operating profit or loss before tax  193 3.6  204 3.5  278 4.3  177 2.6  119 1.7
                     
Tax payable 0 0.0 0 0.0 1 0.0 -1 0.0 0 0.0
Changes in postpone tax 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0
                     
Operating profit or loss  193 3.6  203 3.5  278 4.3  179 2.6  119 1.7
                     
Extraordinary income 18 0.3 0 0.0 16 0.3 13 0.2 12 0.2
Extraordinary expenses 2 0.0 1 0.0 2 0.0 0 0.0 0 0.0
                     
Net profit or loss for the year  208 3.9  203 3.5  292 4.6  191 2.8  130 1.9
                     
Balance sheet                    
Fixed assets 2 340 54.7 2 621 55.0 2 821 54.6 3 162 56.4 3 275 58.4
Tangible fixed assets, intantngible fixed assets 2 240 52.4 2 522 52.9 2 674 51.8 2 943 52.5 3 063 54.6
Long-term receivables 45 1.0 29 0.6 83 1.6  128 2.3  129 2.3
Shares and bonds 55 1.3 70 1.5 63 1.2 91 1.6 83 1.5
                     
Current assets 1 936 45.3 2 148 45.0 2 345 45.4 2 447 43.6 2 415 43.1
Inventories  437 10.2  513 10.8  557 10.8  601 10.7  503 9.0
Accounts receivables  418 9.8  497 10.4  528 10.2  550 9.8  480 8.6
Other receivables  181 4.2  166 3.5  194 3.8  232 4.1  211 3.8
Shares and bonds 18 0.4 55 1.1 42 0.8 35 0.6 38 0.7
Cash and bankdeposits  882 20.6  918 19.2 1 023 19.8 1 030 18.4 1 182 21.1
                     
Assets 4 276  100.0 4 769  100.0 5 167  100.0 5 610  100.0 5 690  101.4
                     
Equity 2 241 52.4 2 474 51.9 2 751 53.3 2 955 52.6 3 058 54.5
Share equity  215 5.0  226 4.7  225 4.4  234 4.2  241 4.3
Other invested equity 65 1.5 71 1.5  146 2.8  178 3.2  235 4.2
Other retained earnings 1 960 45.8 2 178 45.7 2 380 46.1 2 542 45.3 2 582 46.0
                     
Long-term liabilities 1 109 25.9 1 232 25.8 1 351 26.2 1 534 27.3 1 530 27.3
                     
Short-term liabilities  927 21.7 1 062 22.3 1 064 20.6 1 123 20.0 1 102 19.6
Convertible loans 35 0.8 65 1.4 59 1.1 71 1.3 56 1.0
Trade creditors  292 6.8  352 7.4  336 6.5  332 5.9  302 5.4
Other short-term liabilities  600 14.0  646 13.5  669 12.9  720 12.8  744 13.3
                     
Equity and liabilities 4 276  100.0 4 769  100.0 5 167  100.0 5 612  100.0 5 690  101.4
                     
Key figures                    
Number of enterprises    320    327    312    310    301
Number of employees   19 089   20 407   21 997   23 302   23 668
Return on total assets in per cent 1   5.6   5.5   7.0   5.9   3.9
Return on equity in per cent 2   8.6   8.2   10.1   6.0   3.9
Current ratio 3   2.1   2.0   2.2   2.2   2.2
Working capital. NOK million 4   1 010   1 086   1 282   1 324   1 314
Financing ratio 5   0.7   0.7   0.7   0.7   0.7
Equity ratio per cent 6   52.4   51.9   53.3   52.6   53.7
Debt-equity ratio 7   0.9   0.9   0.9   0.9   0.9
1  Operating result before tax + interest expense in per cent of total equity and liabilities at 31 December.
2  Operating result after tax in per cent of total equity at 31 December.
3  Current assets at 31 December in proportion to current liabilities at 31 Decenber.
4  Current assets at 31 December - current liabilities at 31 Decenber.
5  Fixed assets in proportion to long-term capital at 31 December.
6  Equity in per cent of total equity and liabilities at 31 December.
7  Total liabilities in proportion to total equity at 31 December.

Explanation of symbols