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This is an archived release.
Assets in foreign countries decrease
The largest non-financial Norwegian companies had assets in foreign countries valued at NOK 716 billion by the end of the second quarter of 2006. This was a decrease of about NOK 46,5 billion or 6,1 per cent from the first quarter of 2006.
The reduction resulted from a decrease in the value of current assets in foreign countries. The value of current assets went down by 21 per cent or NOK 57.5 billion, while the value of fixed assets in foreign countries went up by almost NOK 11 billion or about 2 per cent from the first to the second quarter of 2006.
Total external liabilities decreased by NOK 11.1 billion or 2.2 per cent. Whereas long-term liabilities increased from the first to the second quarter, short-term liabilities decreased, resulting in an increase in long-term liabilities as a proportion of total liabilities from 67.3 to 70.7 per cent by the end of the second quarter.
About the statistical basis
The statistics are based on a survey of the 500 largest non-financial companies. The size of the company is measured by assets and liabilities in foreign countries, shares in foreign countries and shares owned by foreigners.
The data are based on accounting legislation, and the values do not necessarily give a good picture of the real or market value of the assets.
Tables:
- Table 1 Assets and liabilities in foreign countries by category. Million kroner. Preliminary figures
- Table 2 Assets and liabilities in foreign countries by category. Percentage distribution. Preliminary figures
- Table 3 Liabilities in foreign countries by category. Percentage distribution. Preliminary figures
- Table 4 Assets in foreign countries, by category. Percentage distribution. Preliminary figures
Find more figures
Find detailed figures from Accounting statistics, non-financial enterprises foreign financing
Contact
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Glenn Cato Andersen
E-mail: glenn.andersen@ssb.no
tel.: (+47) 40 90 24 37
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Salah Eddine Ziade
E-mail: salah.ziade@ssb.no
tel.: (+47) 21 09 48 35
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Simen Jansen Maal
E-mail: simen.maal@ssb.no
tel.: (+47) 21 09 42 17