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Establishments, enterprises and accounts
All content for topic establishments, enterprises and accounts
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Further growth in business sector R&D
The business enterprise sector performed research and development (R&D) totalling about NOK 29.5 billion in 2016. This is 6.2 per cent higher compared to 2015. Measured in fixed prices, the increase was 3.8 per cent.
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Sole proprietorships and private limited companies still in the majority
Almost half of all 453 762 enterprises with economic activity in Norway in 2015 were sole proprietorships. This corresponds to 49 per cent, while the share of private limited companies was 44 per cent.
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Moderate increase in Norwegian innovation expenditure
Enterprises covered by the Norwegian innovation survey reported innovation expenditures totalling NOK 64.8 billion in 2016. This is approximately NOK 5 billion more than in 2014.
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3.8 per cent fewer man-years in 2016
The number of man-years in Svalbard fell by 3.8 per cent in 2016. It was especially the reduced activity within coal mining that contributed to the decline.
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Further growth in globalization
The total number of foreign-controlled Norwegian enterprises continues to rise, and the strongest growth is in Swedish and Danish ownership. However, enterprises that are owned from the USA contribute the most to value added.
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A higher share of Norwegian enterprises report innovations
Sixty-five per cent of Norwegian enterprises reported some form of innovation activity in the survey covering the period 2014-2016. This is a significant increase compared to the previous period from 2012 to 2014.
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Price increase for legal activities
Within legal activities, prices increased by 4.5 per cent from the 1st quarter of 2016 to the 1st quarter of 2017. This is the largest yearly growth since the 4th quarter of 2014. Compared to the previous quarter, prices increased by 3.5 per cent.
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More new enterprises
A total of 17 559 new enterprises were registered during the first quarter of 2017. This is an increase of 5.9 per cent compared with the same period in 2016.
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Newly-established enterprises still increasing
The number of newly-established enterprises has been increasing since 2010. A total of 60 500 enterprises were established in 2016, which was 5 per cent more than in 2015.
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Profitability down, return on equity slightly up
Accounting statistics for non-financial limited companies show a decline in operating profit margin, from 9.6 per cent in 2014 to 7.4 per cent in 2015. However, the return on equity rose from 4.2 per cent to 5.2 per cent in the same period.
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More bankruptcies
In the first quarter of 2017, the number of bankruptcies was 1 254, which is an increase of 8 per cent compared with the same quarter in 2016. The largest decrease in percentage terms was in the counties of Nord-Trøndelag, Finnmark and Sør-Trøndelag.
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Women in the minority
The proportion of female board representatives of limited companies has not changed in recent years. Two out of ten board representatives in private limited companies are women, and the corresponding figure in public limited companies is four out ...
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Poor profitability for listed enterprises
The operating profit margin for listed enterprises rose 1.4 per cent from the fourth quarter of 2015 to 1.7 per cent in the fourth quarter of 2016. This was however 6 per cent lower than in the third quarter of 2016.
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Rise in taxable corporate income
Taxable corporate income rose 6 per cent from 2014 to NOK 254 billion in 2015.
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565 000 establishments in Norway
There were almost 565 000 establishments in Norway as per 1 January 2017, most of which were in the retail trade and repair of motor vehicles industry.
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