Income and deductions for companies, 2007

Limited companies without taxable income obtained negative ordinary income of NOK 66 billion; a fall of NOK 13 billion from 2006.

Substantial increase in assessable incomes

Total assessable incomes increased by 18 per cent to NOK 377 billion in 2007. Entrepreneurial income and received group contributions amounted to NOK 275 billion and NOK 102 billion respectively.

Private owned companies achieved higher incomes

Limited companies in which the state is the majority shareholder had a decrease in assessable incomes of NOK 5 billion from 2006. Private owned limited companies, in contrast, experienced an increase of NOK 63 billion or 26 per cent. With regard to deductions in income, the development was the same. Public owned limited enterprises had almost the same ordinary income as the previous year, while their privately owned counterparts achieved an increase of NOK 22 billion.

Depreciable assets

In 2007, the fiscal value of fixed assets increased by NOK 58 billion from the opening balance to the closing balance. Most of this increase emanates from the depreciation groups of commercial buildings and buildings and installations, with NOK 23 billion and NOK 17 billion respectively.

Tables:

• Table 1 Tax return account for limited companies with and without taxable income. 2007. NOK million
• Table 2 Tax return account for public or private owned limited companies. 2007. NOK million
• Table 3 Fiscal value and depreciation for limited companies, by depreciation groups. 2007. NOK million
• Table 4 Tax return account for limited companies. 2006 and 2007. NOK million