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84984
Net profit fell
statistikk
2012-10-11T10:00:00.000Z
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
false

Accounting statistics for non-financial limited companies, 2011, preliminary figures

Variants of the statistics:

  • Annually
  • Annually, preliminary figures (selected)

Content

Published:

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Net profit fell

Net profit for non-financial limited companies fell from NOK 457 billion in 2010 to NOK 352 in 2011, which was a decline of NOK 104 billion or 23 per cent.

Profit after tax went down in 2011 despite an increase of NOK 166 billion in operating profit. This was due to a decrease in net financial items of NOK 217 billion, from NOK 228 billion in 2010 to NOK 11 billion in 2011. Substantial write-downs of financial assets coupled with lower financial income resulted in a significant fall in net financial items.

Lower profitability

Owing to the fall in net profit, the return on equity percentage went down from 12 per cent in 2010 to 9 per cent in 2011. In other words, a profit of about NOK 12 per invested NOK 100 in 2010 dropped to NOK 9 in 2011.

Net profit for mainland Norway almost cut in half

Limited companies on mainland Norway had NOK 192 billion in net profit, down from NOK 340 billion the previous year. The fall in net profit on mainland Norway was also caused by net financial items, which went down from about NOK 187 billion to NOK 37 billion in 2011.

About the statistical basis

Preliminary accounting statistics for 2011 are mainly based on annual reports obtained from the Register of Company Accounts in Brønnøysund. Since not all accounts are available when the statistics are produced, the statistical basis is not complete. Final accounting statistics for 2011 will be published in spring 2013. The final statistics cover more companies and are mainly based on tax questionnaires on accounting. There are some conceptual differences between accounting information in the tax questionnaire on accounting and accounting information in annual reports. The preliminary statistics for 2011 are however combined with the final statistics for 2010 and 2009. The aforementioned conceptual differences should be taken into account when the preliminary and final figures are compared.

 

The preliminary statistics for 2011 are based on accounts from 196 222 companies.

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