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This is an archived release.
Rising profitability
The operating profit margin for listed enterprises was 17,8 per cent in the first quarter of 2005, 6 percentage points higher than it was in the previous quarter, and 1,5 percentage points higher than it was in the first quarter of 2004.
The operating profit margin is here defined as operating profit in per cent of operating income.
The equity ratio was 39,4 per cent in the first quarter of 2005. Correspondingly, the equity ratio was 38,1 per cent in the first quarter of 2004. In compliance with EEA regulations, many enterprises have changed accounting standards and, as from 2005, prepare their consolidated accounts according to (IFRS). The changes in accounting standards can affect the accounting figures, among others, the estimation of the value of assets.
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