Content
Published:
This is an archived release.
Deficit for listed enterprises
The accounting for listed enterprises showed a total deficit before tax in the first quarter of 2015. The operating margin for listed enterprises ended at -1.4 per cent in the first quarter of the year, down from 18.1 per cent in the same quarter of 2014.
NOK Million | Per cent | |||
---|---|---|---|---|
1st quarter 2015 | 4th quarter 2014 | 4th quarter 2014 - 1st quarter 2015 | 1st quarter 2014 - 1st quarter 2015 | |
Income statement | ||||
Operating income | 350 400 | 393 906 | -11.0 | -7.8 |
Operating profit | -678 | 25 719 | -102.6 | -100.9 |
Operating result before tax | -4 894 | 13 851 | -135.3 | -107.1 |
Equity | 985 848 | 978 362 | 0.8 | 4.3 |
Total equity and liabilities | 2 528 440 | 2 434 634 | 3.9 | 16.3 |
Per cent | Percentage points | |||
Key figures | ||||
Operating profit margin | -0.2 | 6.5 | -6.7 | -19.4 |
Operating Margin | -1.4 | 3.5 | -4.9 | -19.5 |
Equity ratio | 39.0 | 40.2 | -1.2 | -4.5 |
The operating profit margin was -0.2 per cent; a decline from 19.2 per cent in the first quarter of 2014. The operating margin and the operating profit margin also went down compared to the fourth quarter of 2014. In the previous quarter, the operating margin was 6.5 per cent, while the operating profit margin was 3.5 per cent.
The weak results are mainly due to high impairment costs and the resulting deficit for some big companies in the energy sector. Despite the total loss before tax for listed enterprises, the share of companies with a deficit in the first quarter of 2015 was lower than in the previous quarter. The share was 37 per cent in the first quarter of 2015 compared to 43 per cent in the fourth quarter of 2014. The last time listed enterprises had a total loss before tax was in the last quarter of 2008, when the share of companies with a deficit was 60 per cent.
Contact
-
Statistics Norway's Information Centre
E-mail: informasjon@ssb.no
tel.: (+47) 21 09 46 42