Income statement |
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Operating income |
6 400 |
100.0 |
6 886 |
100.0 |
6 805 |
100.0 |
7 106 |
100.0 |
7 158 |
100.0 |
Sales revenue |
3 766 |
58.8 |
4 051 |
58.8 |
3 734 |
54.9 |
3 817 |
53.7 |
3 904 |
54.5 |
Public subsidy |
2 507 |
39.2 |
2 710 |
39.4 |
2 938 |
43.2 |
3 145 |
44.3 |
3 009 |
42.0 |
Other operating income |
127 |
2.0 |
124 |
1.8 |
133 |
2.0 |
144 |
2.0 |
245 |
3.4 |
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Operating expenses |
6 100 |
95.3 |
6 642 |
96.5 |
6 659 |
97.9 |
6 982 |
98.3 |
7 024 |
98.1 |
Raw materials and consumables |
1 649 |
25.8 |
1 757 |
25.5 |
1 626 |
23.9 |
1 581 |
22.2 |
1 703 |
23.8 |
Payroll expenses |
3 181 |
49.7 |
3 525 |
51.2 |
3 653 |
53.7 |
3 876 |
54.5 |
3 856 |
53.9 |
Depreciation and amortisation expenses |
232 |
3.6 |
248 |
3.6 |
262 |
3.8 |
279 |
3.9 |
282 |
3.9 |
Other expenses |
1 038 |
16.2 |
1 112 |
16.1 |
1 118 |
16.4 |
1 246 |
17.5 |
1 182 |
16.5 |
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Operating profit |
300 |
4.7 |
244 |
3.5 |
146 |
2.1 |
124 |
1.7 |
134 |
1.9 |
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Financial income |
64 |
1.0 |
85 |
1.2 |
74 |
1.1 |
57 |
0.8 |
81 |
1.1 |
Financial expenses |
86 |
1.3 |
152 |
2.2 |
101 |
1.5 |
89 |
1.2 |
100 |
1.4 |
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Operating profit or loss before tax |
278 |
4.3 |
177 |
2.6 |
120 |
1.8 |
92 |
1.3 |
115 |
1.6 |
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Tax payable |
1 |
0.0 |
-1 |
0.0 |
0 |
0.0 |
0 |
0.0 |
0 |
0.0 |
Changes in postpone tax |
0 |
0.0 |
0 |
0.0 |
0 |
0.0 |
0 |
0.0 |
0 |
0.0 |
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Operating profit or loss |
278 |
4.3 |
179 |
2.6 |
120 |
1.8 |
92 |
1.3 |
115 |
1.6 |
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Extraordinary income |
16 |
0.3 |
12 |
0.2 |
12 |
0.2 |
12 |
0.2 |
0 |
0.0 |
Extraordinary expenses |
2 |
0.0 |
0 |
0.0 |
0 |
0.0 |
0 |
0.0 |
5 |
0.1 |
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Net profit or loss for the year |
292 |
4.6 |
191 |
2.8 |
131 |
1.9 |
104 |
1.5 |
111 |
1.5 |
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Balance sheet |
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Fixed assets |
2 821 |
54.6 |
3 162 |
56.4 |
3 275 |
57.6 |
3 450 |
58.5 |
3 475 |
57.1 |
Tangible fixed assets, intantngible fixed assets |
2 674 |
51.8 |
2 943 |
52.5 |
3 063 |
53.8 |
3 268 |
55.4 |
3 294 |
54.1 |
Long-term receivables |
83 |
1.6 |
128 |
2.3 |
129 |
2.3 |
68 |
1.2 |
54 |
0.9 |
Shares and bonds |
63 |
1.2 |
91 |
1.6 |
83 |
1.5 |
113 |
1.9 |
127 |
2.1 |
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Current assets |
2 345 |
45.4 |
2 447 |
43.6 |
2 415 |
42.4 |
2 446 |
41.5 |
2 609 |
42.9 |
Inventories |
557 |
10.8 |
601 |
10.7 |
503 |
8.8 |
510 |
8.7 |
614 |
10.1 |
Accounts receivables |
528 |
10.2 |
550 |
9.8 |
480 |
8.4 |
481 |
8.2 |
509 |
8.4 |
Other receivables |
194 |
3.8 |
232 |
4.1 |
211 |
3.7 |
242 |
4.1 |
228 |
3.7 |
Shares and bonds |
42 |
0.8 |
35 |
0.6 |
38 |
0.7 |
34 |
0.6 |
18 |
0.3 |
Cash and bankdeposits |
1 023 |
19.8 |
1 030 |
18.4 |
1 182 |
20.8 |
1 179 |
20.0 |
1 240 |
20.4 |
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Assets |
5 167 |
100.0 |
5 610 |
100.0 |
5 690 |
100.0 |
5 896 |
100.0 |
6 084 |
100.0 |
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Equity |
2 751 |
53.3 |
2 955 |
52.6 |
3 058 |
53.7 |
3 190 |
54.1 |
3 239 |
53.2 |
Share equity |
225 |
4.4 |
234 |
4.2 |
241 |
4.2 |
259 |
4.4 |
259 |
4.3 |
Other invested equity |
146 |
2.8 |
178 |
3.2 |
235 |
4.1 |
480 |
8.1 |
565 |
9.3 |
Other retained earnings |
2 380 |
46.1 |
2 542 |
45.3 |
2 582 |
45.4 |
2 450 |
41.6 |
2 415 |
39.7 |
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Long-term liabilities |
1 351 |
26.2 |
1 534 |
27.3 |
1 530 |
26.9 |
1 488 |
25.2 |
1 594 |
26.2 |
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Short-term liabilities |
1 064 |
20.6 |
1 123 |
20.0 |
1 102 |
19.4 |
1 218 |
20.7 |
1 251 |
20.6 |
Convertible loans |
59 |
1.1 |
71 |
1.3 |
56 |
1.0 |
139 |
2.3 |
62 |
1.0 |
Trade creditors |
336 |
6.5 |
332 |
5.9 |
302 |
5.3 |
354 |
6.0 |
358 |
5.9 |
Other short-term liabilities |
669 |
12.9 |
720 |
12.8 |
744 |
13.1 |
726 |
12.3 |
831 |
13.7 |
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Equity and liabilities |
5 167 |
100.0 |
5 612 |
100.0 |
5 690 |
100.0 |
5 896 |
100.0 |
6 084 |
100.0 |
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Key figures |
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Number of enterprises |
|
312 |
|
310 |
|
305 |
|
304 |
|
282 |
Number of employees |
|
21 997 |
|
23 302 |
|
23 670 |
|
23 764 |
|
23 570 |
Return on total assets in per cent 1 |
|
7.0 |
|
5.9 |
|
3.9 |
|
3.1 |
|
3.5 |
Return on equity in per cent 2 |
|
10.1 |
|
6.0 |
|
3.9 |
|
2.9 |
|
3.6 |
Current ratio 3 |
|
2.2 |
|
2.2 |
|
2.2 |
|
2.0 |
|
2.1 |
Working capital. NOK million 4 |
|
1 282 |
|
1 324 |
|
1 314 |
|
1 228 |
|
1 358 |
Financing ratio 5 |
|
0.7 |
|
0.7 |
|
0.7 |
|
0.7 |
|
0.7 |
Equity ratio per cent 6 |
|
53.3 |
|
52.6 |
|
53.7 |
|
54.1 |
|
53.2 |
Debt-equity ratio 7 |
|
0.9 |
|
0.9 |
|
0.9 |
|
0.8 |
|
0.9 |
|