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224371
Stable profitability on Mainland Norway
statistikk
2015-10-09T10:00:00.000Z
Establishments, enterprises and accounts
en
regnno, Accounting statistics for non-financial limited companies, operating income, operating expenses, operating profit, net profit, fixed assets, current assets, equity, liabilities, annual accounts, profit and loss account, balance sheet items, assetsAccounts , Establishments, enterprises and accounts
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Accounting statistics for non-financial limited companies give us a survey of economic aggregates.

Accounting statistics for non-financial limited companies, 2014, preliminary figures

Variants of the statistics:

  • Annually
  • Annually, preliminary figures (selected)

Content

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Stable profitability on Mainland Norway

Preliminary accounting statistics show stable profitability on Mainland Norway from 2013 to 2014 and confirm the decline in petroleum activities.

Accounting statistics for non-financial limited companiesPublished 9 October 2015
NOK millionPer cent
201420132013 - 2014
Income statement
Operating income4 946 2344 943 4350.1
Operating profit494 551578 846-14.6
Operating profit before tax472 758744 766-36.5
Net profit217 301452 087-51.9
Balance sheet
Fixed assets7 799 6447 571 7743.0
Current assets2 846 3802 807 0641.4
Equity4 790 5594 625 3113.6
Liabilities5 855 4655 753 5261.8
Per centPercentage points
Key figures
Operating profit margin10.011.7-1.7
Return on total assets5.58.7-3.2
Return on equity4.69.9-5.3
Equity ratio45.044.60.4

Source: Statistics Norway

The operating profit for limited companies on Mainland Norway rose slightly and the operating profit margin increased from 6.9 per cent to 7.3 per cent in 2014. Net financial items were lower in 2014 than in 2013, resulting in a fall in net profit. Consequently, the return on equity fell from 9.5 per cent to 8.6 per cent.

Substantial decline in petroleum activities

The operating profit for companies in petroleum activities and ocean transport fell significantly from 2013 to 2014. Additionally, the substantial write-down of financial assets resulted in big financial items losses. The operating profit margin thus decreased from 28.1 per cent in 2013 to 20.5 per cent in 2014, while the return on equity fell from 11.2 per cent to -8.7 per cent in the same period.

The operating profit margin for non-financial limited companies in total decreased from 11.7 per cent in 2013 to10.0 per cent in 2014. The return on equity went down from 9.9 per cent to 4.6 per cent, which was the lowest since 2002.

Changes in the statistical basis Open and readClose

A new institutional sector classification was introduced as from fiscal year 2012, with the result that the figures are not entirely comparable with the figures for previous years. The introduction has affected the demarcation between financial and non-financial enterprises, resulting in enterprises in portfolio investments being moved from non-financial limited companies. Owing to the new sector classification, some changes were made in industrial classification, which may have an impact on the comparability of the figures broken down by industry.