Healthy economy
Public sector
attregn, Local government owned rehabilitation enterprises, accounts (discontinued), profit and loss account, balance sheet, training enterprises, handicapped in choice of occupationLocal government finances , Public sector

Local government owned rehabilitation enterprises, accounts (discontinued)2007-2011

This statistics has been discontinued.



Healthy economy

Rehabilitation enterprises owned by the local government achieved about NOK 115 million profit before tax for the accounting year 2011. This was an increase by some NOK 23 million from 2010. These enterprises employed about 23 500 persons as at the end of 2011.

The profit before tax of about NOK 115 million was approximately 1.6 per cent of the operating income. In 2010, the corresponding figures were NOK 92 million and 1.3 per cent respectively. The operating income for 2011 was NOK 7 158 million; an increase of NOK 52 million from 2010. The operating expenses during the period increased by approximately NOK 42 million.

The enterprises received about NOK 3 000 million in public subsidies in 2011. This was a decrease of some NOK 136 million from the previous year.

Improved liquidity

As at the end of 2011, the local government-owned enterprises’ total assets were estimated to be NOK 6 084 million. This was an increase of about NOK 188 million or 3.2 per cent from 2010. The value of the enterprises’ fixed assets increased by NOK 25 million. During the same period, the value of the enterprises’ current assets related to the sales of goods and services increased by NOK 163 million.

The enterprises achieved positive liquidity and working capital. The current ratio has been approximately 2 during the whole period. This implies that the value of the current assets that were transformed into liquidity was double that of the short-term liabilities.

All in all, the enterprises’ financial situation has been relatively stable and the financing ratio has been about 0.7 during the period. The financing ratio is the fixed assets in proportion to the long-term capital.


There has however been a significant decline in the number of local government-owned enterprises in the last couple of years. There were 282 local government-owned enterprises as at the end of 2011. The decrease in the number of the enterprises is basically as the result of takeovers, or buying and selling of the enterprises. The enterprises employed approximately 23 570 persons. This was a decrease compared to the previous year. The total number of people employed by these enterprises comprises the number of employees in rehabilitation programmes as well as regular employees.

Local government-owned rehabilitation enterprises

The local government owns an enterprise if the local government or the county municipality directly or indirectly owns more than 50 per cent of the paid-up share capital.


Rehabilitation programmes are designed to provide work opportunities for occupationally handicapped people. They offer training and counselling related to education, rehabilitation and occupational handicaps, and create jobs. For the majority of rehabilitation enterprises, the activities involve the production of goods and services. Examples of such rehabilitation enterprises are public work cooperatives (VTA), work preparation training (AFT) and work with assistance (AB).