Road goods transport, accounting figures for joint-stock companies, 2005

The operating income of the 2 365 joint-stock companies in road goods transport was NOK 21 600 million in 2005, an increase of 8 per cent compared to the previous year. Operating expenses came to NOK 20 600 million. The operating profit of NOK 1 000 million was 8 per cent higher than in the previous year.

Low operating profit margin

On average, joint-stock companies in road goods transport had a lower operating profit margin than joint-stock companies in other parts of business and industry in 2005. Whereas the operating profit margin in road goods transport was 4.7 per cent in 2005, it was 7.6 per cent for all non-financial joint-stock companies except in the oil and gas sector.

High return on equity

Return on equity in road goods transport was 29 per cent in 2005, compared to 16 per cent for all non-financial joint-stock companies in mainland Norway. The equity ratio for all joint-stock companies in mainland Norway in 2005 was about 40 per cent, compared to 22 per cent for companies in road goods transport.

High profitability in Østfold

Østfold county had the highest operating profit margin in road goods transport at 8.1 per cent. Sogn of Fjordane county had the lowest operating profit margin at -0.5 per cent.

Tables:

• Table 1 Selected accounting figures for joint-stock companies. 2004 and 2005. Million kroner
• Table 2 Selected key figures for joint-stock companies. 2004 and 2005. Per cent