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2007 - a good year for real estate activities
statistikk
2009-05-06T10:00:00.000Z
Wholesale and retail trade and service activities;Construction, housing and property
en
stefu, Business activities, structural business statistics, property industry, estate agents, letting services, architectural services, legal services, R&D, advertising, veterinary activities, security services, cleaning services, turnover, employees, enterprisesService activities , Property, Construction, housing and property, Wholesale and retail trade and service activities
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Business activities, structural business statistics, 2007

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2007 - a good year for real estate activities

The total turnover for local kind-of-activity-units (KAUs) in real estate activities amounted to NOK 150.5 billion in 2007; an increase of 12.9 per cent compared with 2006. The industry consisted of almost 31 887 persons employed and 93 576 local KAUs.

Turnover, Renting of other machinery and equipment, 2004-2007. NOK million

Real estate activities, divided by industry group. 2002-2007. NOK million

The industry subclass "other development and sale of real estate activities" had the highest relative turnover and related activities with a growth of 22.8 per cent. Turnover was NOK 43.9 billion in 2007. The number of local KAUs rose by 3 119 and the number of employed persons in the industry was 2 425; a growth of 14 and 23.9 per cent respectively from the year before.

In the industry subclass "other letting of own property", turnover increased by 11.2 per cent. Turnover was NOK 72.8 billion and 15 031 persons were employed in 2007.

Growth within renting of other machinery and equipment

The local kind-of-activity units (KAUs) within the industry group "renting of other machinery and equipment" increased in 2007. A total of 1 444 KAUs generated NOK 11.2 billion; an increase of 32.8 per cent from 2006. The industry employed 3 419 persons. Of the total value added in 2007, renting of machinery and other equipment made up 57 per cent, turnover was NOK 6.4 billion and renting of construction and civil engineering machinery and equipment was 39.1 per cent. Turnover was NOK 4.4 billion.

The industry subclass "renting of personal and household goods n.e.c." had turnover of NOK 1.2 billion; an increase of 15.7 per cent in 2007.

A total of 10 056 local kind-of-activity units (KAUs) in this industry group had a turnover of NOK 73.7 billion in 2007, which was an increase of 26.2 per cent in 2007 compared with an increase of 26.3 per cent in 2006. The number of employed persons in the industry was 32 218; a growth of 7.6 per cent. The compensation of employees rose by 26.6 per cent in the same period.

The largest growth was found in the industry subclass "geological surveying", where turnover rose to NOK 16.4 billion; an increase of 29.5 per cent. The number of persons employed rose by 25.6 per cent to 3 364 persons.

Statistics on enterprise level

The structural business statistics for construction are compiled on local KAU level and on enterprise level. The figures on enterprise level may differ from figures on local KAU level. This is due to some enterprises being registered in one industry group according to main activity, while at the same time consisting of local KAUs in other groups.

Revision of industries

In 2007, the enterprises in Statistics Norway's Central Register of Establishments and Enterprises were coded in accordance with the new Standard Industrial Classification (SN2007). The structural business statistics will be published in accordance with the new Standard Industrial Classification (SN2007) for the statistical year 2008 in November 2009. One of the major changes is that the present Section K will be divided into three new sections: 1) Real Estate Activities, 2) Professional, scientific and technical activities, and 3) Administrative and support service activities. Furthermore, Development and sale of real estate will in the future be a part of the section for Construction. Veterinary activities will be a part of the new section Professional, scientific and technical activities.

Revised figures for establishments, 2006

The figures for establishments, 2006, have been revised for a few divisions. The changes have only affected subclasses within some geographical areas. The figures for enterprises have not been revised.

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