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5757
Still growth in operating profits
statistikk
2007-09-28T10:00:00.000Z
Establishments, enterprises and accounts
en
regnaksje, Annual reports for non-financial limited companies, account statisticsAccounts , Establishments, enterprises and accounts
false

Annual reports for non-financial limited companies, account statistics, 2006

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Still growth in operating profits

Non-financial limited companies achieved a total of NOK 540 billion in operating profit in 2006. That resulted in over 16 per cent in operating profit margin. The corresponding operating profit margin was 14.7 per cent in 2005 and 7.8 per cent in 2002.

Oil and gas extraction with an operating profit margin of almost 43 per cent, contributed most to the profitability growth for non-financial limited companies.

Growth in financial items

Financial items also increased significantly, from NOK 167 billion in 2005 to NOK 213 billion in 2006. Non-financial limited companies engaged in activities on Mainland Norway accounted for most of the increase.

Equity totalled NOK 2 220 billion at the end of 2006, resulting in an equity ratio of 40 per cent.

The distribution of net profit of NOK 459 billion in 2006 followed the pattern in 2005, when over half of the profit went to retained earnings. Shareholders got NOK 158 billion in proposed dividends in 2006.

About the statistical basis

The statistics for 2006 is based on information about a total of 147 626 non-financial limited companies. The information is obtained from the Register of Company Accounts in Brønnøysund. There were 172 133 non-financial limited companies in 2006, according Statistics Norway’s Central Register of Establishments and Enterprises.

The operating profit margin is the ratio of operating profit to operating income. It shows what the company earns per NOK in sales before financial items and tax.

Equity ratio is equity as a per cent of equity plus liabilities. It is a measure of the capital strength of the enterprises, that is, their ability to withstand setbacks and losses.

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