Annual reports for non-financial limited companies, account statistics, 2003

The net profit for joint- stock companies in Mainland Norway was NOK 88 billion. The figure for 2002 was NOK 29 billion, while the figures for the fiscal year 2000 was almost NOK 90 billion. Mainland Norway is defined as industries excluding extraction of crude oil and natural gas, services activities incidental to oil and gas extraction, pipeline transport and international shipping.

The net profit for all joint- stock companies, including the continental shelf, went up from NOK 62 billion in 2002 to NOK 124 billion in 2003. Same figures for the Fiscal year 2000 were NOK 122 billion.

About the statistical basis

The statistics cover 133 583 joint-stock companies, 24 418 more than the last publication. According to The Brønnøysund Registers, 143 388 companies are obliged to submit their annual accounts for the Fiscal year 2003.

Accounts statistics cover all filing-subject enterprises that have submitted annual accounts at the time Statistics Norway collects the data. The accounts statistics are compiled for non-financial joint-stock companies and do not cover companies that conduct financial activities and offer financial services (commercial banks, savings banks, mortgage companies, finance companies, and other financial enterprises). Accounts in which serious errors or shortcomings have been discovered in either the profit and loss or balance sheet items are not included in the statistics. Accounts for companies in the process of closing are excluded because these are accounts that have not been prepared under the going concern assumption and are thus not comparable.

Tables:

• Table 1 Selected accounting figures for joint-stock companies. Income statement. 1999-2003. NOK million
• Table 2 Selected accounting figures for joint-stock companies. Balance sheet at 31 December. 1999-2003. NOK million
• Table 3 Key figures for joint-stock companies. 1999-2003
• Table 4 Selected accounting figures for joint-stock companies, by industry section. Income statement. Prelimminary figures 2003. NOK million
• Table 5 Selected accounting figures for joint- stock companies, by industry section. Balance sheet at 31 December 2002. Preliminary figures. NOK million
• Table 6 Key figures for joint-stock companies, by industry section. Preliminary figures 2003
• Table 7 Selected accounting figures for joint-stock companies in Mainland Norway. Income statement. 1999-2003. NOK million
• Table 8 Selected accounting figures for joint-stock companies in Mainland Norway. Balance sheet at 31 December. 1999-2003. NOK million
• Table 9 Key figures for joint-stock companies in Mainland Norway. 2003