320902
/en/offentlig-sektor/statistikker/offregn/aar
320902
statistikk
2017-12-22T08:00:00.000Z
Public sector;Public sector
en
offregn, Public corporations, accounts, central government corporations, local government corporations, central government quasi-corporations, profit and loss account, balance sheet, accounts by industryCentral government finances , Local government finances , Public sector
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Public corporations, accounts

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Key figures

9.01 %

operating profit in per cent of operating income

Public non-financial corporations, with out central government enterprises. Selected key figures. 2011-2016
 2014*2015*2016*
1Operating profit in per cent of operating income at 31. December.
2Operating result before tax in per cent of operating income at 31. December.
3Operating result before tax + financial expense in per cent of total equity and liabilities at 31 December.
4Operating result in per cent of total equity at 31 December.
5Equity in per cent of total equity and liabilities at 31 December.
6Current assets at 31 December in proportion to current liabilities at 31 Decenber.
7Fixed assets in proportion to long- term capital at 31 December.
8Total liabilities in proportion to total equity at 31 December.
Key figures   
Operating profit margin. Per cent129.249.909.01
Operating margin. Per cent26.039.1916.43
Return on total assets. Per cent311.577.407.17
Return on equity. Per cent44.315.8210.09
Equity ratio. Per cent548.2544.7543.05
Current ratio61.001.020.87
Ratio of fixed assets to long term capital71.001.081.04
Debt-to-equity ratio81.071.231.32

See more tables on this subject

Table 1 
Public non-financial corporations. Income statement. Selected accounting figures. NOK million and per cent. 2011-2016

Public non-financial corporations. Income statement. Selected accounting figures. NOK million and per cent. 2011-2016
 2011201220132014*2015*2016*2011201220132014*2015*2016*
Income Statement            
Operating income1 384 8121 420 0751 325 0791 236 5891 015 615900 808100.0100.0100.0100.0100.0100.0
Revenue1 274 6081 309 5111 208 0191 114 858906 430813 15792.092.291.290.289.290.3
Special public taxes-8 515-8 3868 388-155-104-58-0.6-0.60.60.00.00.0
Public subsidies15 95310 97717 25115 5597 7578 3361.20.81.31.30.80.9
Income from rent, real property and other income from rent12 23412 45912 45812 61812 84414 0040.90.90.91.01.31.6
Profit on disposals (sale etc.) of fixed assets2 28711 311143000.20.80.00.00.00.0
Other operating income88 24284 20380 52185 10975 30063 3616.45.96.16.97.47.0
             
Operating expenses965 325975 654937 805917 433828 597771 78269.768.770.874.281.685.7
Raw materials and consumables used580 791580 292524 398491 059384 054342 55341.940.939.639.737.838.0
Payroll expense92 29494 683100 39995 59996 11994 4696.76.77.67.79.510.5
Depreciation and amortisation expense90 10497 602102 350108 972128 421126 5456.56.97.78.812.614.0
Other operating expenses202 151203 960210 389221 395219 728207 67514.614.415.917.921.623.1
             
Operating profit419 466450 737387 315319 156173 905129 02730.331.729.225.817.114.3
             
Financial income157 062208 188184 613162 444135 763143 97311.314.713.913.113.416.0
Financial expense81 24478 098131 225303 410159 99193 2205.95.59.924.515.810.3
             
Operating result before tax495 284574 510431 635178 190162 790179 78035.840.532.614.416.020.0
             
Tax187 129199 304151 518134 23777 04555 89713.514.011.410.97.66.2
             
Operating result308 158375 205280 11743 95385 745123 85722.326.421.13.68.413.7
             
Net extraordinary income-1 877-2 272-2 884-797-3 126-3 093-0.1-0.2-0.2-0.1-0.3-0.3
             
Net profit for the year305 047372 819276 54040 40084 830119 99322.026.320.93.38.413.3

Table 2 
Public non-financial corporations. Balance sheet. Selected accounting figures. NOK million and per cent. 2011-2016

Public non-financial corporations. Balance sheet. Selected accounting figures. NOK million and per cent. 2011-2016
 2011201220132014*2015*2016*2011201220132014*2015*2016*
Balance Sheet            
Fixed Assets2 269 3632 412 1552 594 9992 649 9942 629 2602 583 29077.879.781.880.081.382.1
Intangible fixed assets84 44880 521100 360113 160110 670108 3872.92.73.23.43.43.4
Tangible fixed assets837 379879 749916 771985 710956 375961 89228.729.128.929.829.630.6
Buildings and plants651 593477 399495 706546 581542 002554 19322.315.815.616.516.717.6
Plant under construction85 29092 810109 99146 15445 99441 5452.93.13.51.41.41.3
Houses, land and other real property17 16415 26217 14118 30217 60419 6080.60.50.50.60.50.6
Veicles, machinery and equipment etc.41 77650 11857 74960 00455 33762 8171.41.71.81.81.72.0
Other fixed assets41 556244 161236 185314 669295 439283 7291.48.17.49.59.19.0
Financial fixed assets1 342 5081 449 7241 573 9111 544 1861 553 1961 505 87646.047.949.646.648.047.9
Investments in group companies/subsidiaries969 0421 074 3921 207 5381 260 5391 199 4371 073 10933.235.538.138.137.134.1
Investments in associated companies87 89289 970142 76373 24758 78470 0093.03.04.52.21.82.2
Loans to group companies, associated companies and joint ventures244 482238 509171 167158 575225 771296 2448.47.95.44.87.09.4
Investments in shares and bonds21 70426 86320 59418 93121 96618 2100.70.90.60.60.70.6
Other receivables19 38819 99131 84932 89447 23848 3050.70.71.01.01.51.5
             
Current Assets647 652615 782578 071660 748606 675563 72422.220.318.220.018.717.9
Inventories28 11930 48434 48033 35630 66135 0311.01.01.11.00.91.1
Debtors485 534447 713351 962399 285342 505331 93916.614.811.112.110.610.5
Account receivable from customers and earned , not invoiced operating income122 165111 171123 743117 20791 67198 3844.23.73.93.52.83.1
Receivables from group companies309 183296 974188 949203 790203 362185 39910.69.86.06.26.35.9
Other receivables54 18539 56739 27078 28847 47248 1561.91.31.22.41.51.5
Investments32 34723 43747 12383 73197 60078 2731.10.81.52.53.02.5
cash and bank deposits101 655114 146144 448144 326132 606114 7193.53.84.64.44.13.6
             
Assets2 917 0143 027 9373 173 0703 310 7423 235 9353 147 014100.0100.0100.0100.0100.0100.0
             
Equity1 293 9921 432 6501 667 0901 640 7411 498 4741 403 83644.447.352.549.646.344.6
Invested equity794 123822 6371 033 2191 027 548871 174805 48927.227.232.631.026.925.6
Share capital465 964528 477597 439644 325433 957424 50516.017.518.819.513.413.5
Share premium reserve254 302222 187368 449278 437324 788302 4328.77.311.68.410.09.6
Invested other equity73 85671 97367 331104 784112 42978 5522.52.42.13.23.52.5
Retained earnings495 420526 198524 411607 571583 020586 33617.017.416.518.418.018.6
Reserve for valuation variances80 8891 116775110 8411 4128 1912.80.00.03.30.00.3
Other equity431 245551 403552 805604 799616 551617 06014.818.217.418.319.119.6
Uncovered losses-16 714-26 322-29 168-108 068-34 943-38 916-0.6-0.9-0.9-3.3-1.1-1.2
             
Long term liabilities904 987912 500944 4331 019 8541 155 1791 104 24231.030.129.830.835.735.1
Provisions261 241270 416261 908376 417286 501212 1059.08.98.311.48.96.7
Bonds154 629162 280253 108275 423301 279312 3945.35.48.08.39.39.9
Financial institutions124 370114 198126 302122 298144 213139 1824.33.84.03.74.54.4
Liabilities to group companies264 934254 257191 02892 765231 917284 1329.18.46.02.87.29.0
Financial liabilities12 99912 44411 59712 03910 8917 4170.40.40.40.40.30.2
Other long term liabilities86 73199 874100 433138 297177 192146 2213.03.33.24.25.54.6
             
Current liabilities717 864682 787561 526650 148582 222638 93724.622.517.719.618.020.3
Financial institutions25 38233 76235 76958 87553 09676 7670.91.11.11.81.62.4
Trade creditors63 64050 78256 45145 42639 36153 4672.21.71.81.41.21.7
Public duties and tax payable78 06784 27172 67858 16641 30140 7632.72.82.31.81.31.3
Dividends payable52 86962 79834 57934 35332 74272 9251.82.11.11.01.02.3
Liabilities to group companies364 758338 522238 223307 924303 679241 84812.511.27.59.39.47.7
Other short term liabilities126 365109 991120 276130 383103 303146 8174.33.63.83.93.24.7
             
Equity and liabilities2 917 0143 027 9373 173 0573 310 7433 235 8753 147 014100.0100.0100.0100.0100.0100.0

Table 3 
Public non-financial corporations. Income statement and balance sheet by section. Selected accounting figures. NOK million. 2015*

Public non-financial corporations. Income statement and balance sheet by section. Selected accounting figures. NOK million. 2015*
 Agriculture, forestry and fishingMining and quarryingManufacturingElectricity, gas, steam and air conditioning supplyWater supply. sewerage, waste management and remediation activitiesConstructionWholesale and retail trade. repair of motor vehicles and motorcyclesTransportation and storageAccommodation and food service activitiesInformation and communication'Real estate activitiesProfessional, scientific and technical activitiesAdministrative and support service activities'Public administration and defence. compulsory social securityEducationHuman health and social work activitiesArts, entertainment and recreationOther sectionsIn total
Income Statement                   
Operating income1 058551 76418 200109 8316 32111 12422 86666 22525755 2225 7667 1533 933371937 81032 826225900 811
Revenue859506 29017 351102 7765 9379 06022 50253 23220051 6429923 9081 587371344 14932 40698813 160
Other operating income19645 4597956 1153671 76036212 708573 5514 5113 1582 3450593 66141312785 644
                    
Operating expenses899477 67616 84081 3335 86610 34122 49758 08923947 9443 5287 0573 516391877 66027 815221771 747
Raw materials and consumables used364250 6385 47239 1921 5972 77019 0755 9853614 72819377234228331 2486416342 553
Payroll expense16329 1965 77511 4001 3012 9052 09621 5848810 7955083 1035920844 08868510594 468
Depreciation and amortisation expense1397 25071411 1646345482357 24886 2971 2131444741062663118126 543
Other operating expenses395100 5714 86919 4342 3334 1141 09123 26310515 7811 6073 0372 1071632 05926 75393207 676
                    
Operating profit12374 0871 39528 4984567833698 135187 2782 23996417-261505 0113129 062
                    
Operating result before tax15898 0632 38741 2933241 1374746 8071822 0882 599-1 060379261144 9920179 781
                    
Net profit for the year14760 4102 87127 9932681 0163612 1071318 0512 182-866334251134 9880119 995
                    
                    
Balance Sheet                   
Assets2 6841 602 42432 960982 25412 89638 20010 901177 925142336 97277 73229 07526 7308881286 6088 1643323 347 015
Fixed Assets2 1811 319 22717 824679 28910 11327 3714 683145 51760256 50970 62218 03821 755784673 6442 527792 580 290
Current Assets503283 19615 136102 9652 78410 8296 21732 4088177 4637 11011 0374 975103612 9655 638253563 724
                    
Equity and liabilities2 6841 602 42432 960782 25412 89638 20010 901177 925142336 97277 73229 07526 7308881286 6088 1643323 147 015
Equity2 228704 09010 377390 1893 01215 7823 17748 59064156 13237 02220 4457 512567563 7157421361 403 836
Long term liabilities203603 8549 185264 3568 21515 0603 59393 9321759 27331 1642 1599 604315391 6411 552781 104 240
Current liabilities253294 48013 399127 7091 6697 3584 13135 40361121 5679 5466 4719 6145321 2525 870118638 938

Table 4 
Public non-financial corporations, with out central government enterprises. Selected key figures. 2011-2016

Public non-financial corporations, with out central government enterprises. Selected key figures. 2011-2016
 2011201220132014*2015*2016*
1Operating profit in per cent of operating income at 31. December.
2Operating result before tax in per cent of operating income at 31. December.
3Operating result before tax + financial expense in per cent of total equity and liabilities at 31 December.
4Operating result in per cent of total equity at 31 December.
5Equity in per cent of total equity and liabilities at 31 December.
6Current assets at 31 December in proportion to current liabilities at 31 Decenber.
7Fixed assets in proportion to long- term capital at 31 December.
8Total liabilities in proportion to total equity at 31 December.
Key figures      
Operating profit margin. Per cent123.9824.8922.7429.249.909.01
Operating margin. Per cent231.0236.0027.206.039.1916.43
Return on total assets. Per cent316.1917.6914.4711.577.407.17
Return on equity. Per cent415.8518.1520.284.315.8210.09
Equity ratio. Per cent542.4445.6251.2048.2544.7543.05
Current ratio60.880.871.001.001.020.87
Ratio of fixed assets to long term capital71.021.021.001.001.081.04
Debt-to-equity ratio81.381.210.951.071.231.32

Table 5 
Central government corporations. Income statement. Selected accounting figures. NOK million and per cent. 2011-2016

Central government corporations. Income statement. Selected accounting figures. NOK million and per cent. 2011-2016
 2011201220132014*2015*2016*2011201220132014*2015*2016*
Income Statement            
Operating income1 041 1951 063 194975 011910 742713 162627 620100.0100.0100.0100.0100.0100.0
Revenue958 396977 470884 891812 512624 350564 25592.091.990.889.287.589.9
Special public taxes-8 775-8 520-8 539-13-11-18-0.8-0.8-0.90.00.00.0
Public subsidies4 7354 6264 9325 1414 6044 4960.50.40.50.60.60.7
Income from rent, real property and other income from rent8 1909 3909 3249 0129 4439 4470.80.91.01.01.31.5
Profit on disposals (sale etc.) of fixed assets1 47210 117800 0.11.00.00.00.00.0
Other operating income77 17770 11069 70676 65661 99748 6637.46.67.18.48.77.8
             
Operating expenses778 046791 023746 040736 376636 731584 32374.774.476.580.989.393.1
Raw materials and consumables used525 424533 356468 602469 901333 022293 75350.550.248.151.646.746.8
Payroll expense69 04069 96176 08173 49172 40770 3776.66.67.88.110.211.2
Depreciation and amortisation expense58 80859 56067 56573 55082 04181 7875.65.66.98.111.513.0
Other operating expenses114 775128 145133 633145 771149 018137 94011.012.113.716.020.922.0
             
Operating profit263 149272 171229 012174 36676 43143 29825.325.623.519.110.76.9
             
Financial income134 663189 632164 908136 069110 117122 20712.917.816.914.915.419.5
Financial expense53 92452 31297 702272 496130 47871 8965.24.910.029.918.311.5
             
Operating result before tax343 887409 220287 15037 93856 06993 60733.038.529.54.27.914.9
             
Tax177 487192 383-114171 25648 15017.018.10.00.010.07.7
       0.00.00.00.00.00.0
Operating result166 397216 836144 323-89 692-15 18945 53116.020.414.8-9.8-2.17.3
             
Net extraordinary income00-72-130-124-1260.00.00.00.00.00.0
             
Net profit for the year165 170216 964143 661-92 460-13 41344 86415.920.414.7-10.2-1.97.1

Table 6 
Central government corporations. Selected key figures. 2011-2016

Central government corporations. Selected key figures. 2011-2016
 201120122013*2014*2015*2016*
1Operating profit in per cent of operating income at 31. December.
2Operating result before tax in per cent of operating income at 31. December.
3Operating result before tax + financial expense in per cent of total equity and liabilities at 31 December.
4Operating result in per cent of total equity at 31 December.
5Equity in per cent of total equity and liabilities at 31 December.
6Current assets at 31 December in proportion to current liabilities at 31 Decenber.
7Fixed assets in proportion to long- term capital at 31 December.
8Total liabilities in proportion to total equity at 31 December.
Key figures      
Operating profit margin. Per cent125.2725.6023.4919.1510.726.90
Operating margin. Per cent233.0333.4929.454.177.8614.91
Return on total assets. Per cent318.0219.9315.8912.377.667.18
Return on equity. Per cent417.3622.6211.02-7.11-1.354.49
Equity ratio. Per cent543.4347.0854.0650.3146.3544.05
Current ratio60.860.860.990.991.020.85
Ratio of fixed assets to long term capital71.051.051.001.000.991.04
Debt-to-equity ratio81.301.120.850.991.161.27

Table 7 
Central government quasi- corporations. Income tatement. Selected accounting figures. NOK million and per cent. 2011-2016

Central government quasi- corporations. Income tatement. Selected accounting figures. NOK million and per cent. 2011-2016
 2011201220132014*2015*2016*2011201220132014*2015*2016*
Income Statement            
Operating income198 447222 726204 241186 397168 980133 120100.0100.0100.0100.0100.0100.0
Revenue192 844217 271199 050185 081163 295127 21897.297.697.599.396.695.6
Special public taxes0000000.30.00.30.40.50.7
Public subsidies65047118018019070.00.00.00.00.00.0
Income from rent, real property and other income from rent0000000.00.00.00.00.00.0
Profit on disposals (sale etc.) of fixed assets0000000.00.00.00.00.00.0
Other operating income4 9545 4514 4805154 8844 9952.52.42.20.32.93.8
             
Operating expenses63 44770 01171 84366 08778 91673 28232.031.435.235.546.755.0
Raw materials and consumables used3 1213 3403 5353 9904 3354 7001.61.51.72.12.63.5
Payroll expense1 0576651 2331 1711 3001 3990.50.30.60.60.81.1
Depreciation and amortisation expense20 07725 46423 81524 31534 55130 70710.111.411.713.020.423.1
Other operating expenses39 19140 54243 26036 61238 73036 47619.718.221.219.622.927.4
             
Operating profit135 001152 715132 397120 31090 06459 83868.068.664.864.553.345.0
             
Financial income6 0564 5665 5789 11211 8075 0703.12.02.74.97.03.8
Financial expense13 81413 84011 22114 50816 88011 2217.06.25.57.810.08.4
             
Operating result before tax127 243143 441126 754114 91484 99153 68764.164.462.161.750.340.3
             
Tax0000060.00.00.00.00.00.0
             
Operating result127 243143 441126 754114 91484 99153 68164.164.462.161.750.340.3
             
Net extraordinary income0000-300.00.00.00.00.00.0
             
Net profit for the year127 243143 441126 754114 91484 98853 68164.164.462.161.750.340.3

Table 8 
Central government quasi- corporations. Income statement. Selected accounting figures. NOK million and per cent. 2011-2016

Central government quasi- corporations. Income statement. Selected accounting figures. NOK million and per cent. 2011-2016
 2011201220132014*2015*2016*201120122013*2014*2015*2016*
Balance Sheet            
Fixed Assets197 511198 273203 032239 057226 291221 92586.986.485.989.490.591.2
Intangible fixed assets2 6161 6679996053774551.20.70.40.20.20.2
Tangible fixed assets194 836196 476201 962238 273225 781221 32285.785.685.589.290.390.9
Buildings and plants194 711196 371201 794238 063225 526221 01085.785.685.489.190.290.8
Plant under construction238395024390.00.00.00.00.00.0
Houses, land and other real property018000 0.00.00.00.00.00.0
Veicles, machinery and equipment etc.736756711731980.00.00.00.00.10.1
Other fixed assets3012739057760.00.00.00.00.00.0
Financial fixed assets59188990.00.00.00.00.00.0
Investments in group companies/subsidiaries00000 0.00.00.00.00.00.0
Investments in associated companies49077770.00.00.00.00.00.0
Loans to group companies, associated companies and joint ventures      0.00.00.00.00.00.0
Investments in shares and bonds1111120.00.00.00.00.00.0
Other receivables0000000.00.00.00.00.00.0
             
Current Assets29 71731 16733 22628 20523 63621 44413.113.614.110.69.58.8
Inventories2 9903 6864 6725 3044 5493 0151.31.62.02.01.81.2
Debtors26 42127 22428 33922 54018 78718 09511.611.912.08.47.57.4
Account receivable from customers and earned , not invoiced operating income26 13827 03328 19722 43018 44617 63011.511.811.98.47.47.2
Receivables from group companies24818390342164530.10.10.00.00.10.2
Other receivables3575276125130.00.00.00.00.10.0
cash and bank deposits3062572153611101800.10.10.10.10.00.1
             
Assets227 228229 440236 257267 262249 927243 369100.0100.0100.0100.0100.0100.0
             
Equity152 614155 502163 377172 201162 341153 94567.267.869.264.465.063.3
Invested equity152 029155 360162 842171 423161 483153 07566.967.768.964.164.662.9
Share capital152 082155 138162 910171 513161 577153 10666.967.669.064.264.662.9
Invested other equity1111-68-91-94-310.00.00.00.00.00.0
Retained earnings-632123425205746420.00.10.10.20.20.3
Reserve for valuation variances      0.00.00.00.00.00.0
Other equity3191423425205746420.10.10.10.20.20.3
Uncovered losses0000000.00.00.00.00.00.0
             
Long term liabilities60 43360 48254 92880 14977 68474 98326.626.423.230.031.130.8
Provisions57 91958 37352 75077 69674 97967 56625.525.422.329.130.027.8
Liabilities to group companies827233633240.00.00.00.00.00.0
Financial liabilities      0.00.00.00.00.00.0
Other long term liabilities2 5062 0812 1562 4172 6717 3921.10.90.90.91.13.0
             
Current liabilities14 18113 45617 95314 9129 90214 4426.25.97.65.64.05.9
Financial institutions            
Trade creditors3 4503 5153 6644 3562 3452 8371.51.51.61.60.91.2
Public duties and tax payable48575158821221.51.50.00.00.00.1
Dividends payable0000000.00.00.00.00.00.0
Liabilities to group companies220238920.00.00.00.00.20.0
Other short term liabilities10 6829 88214 23710 4967 47411 4814.74.36.03.93.04.7
             
Equity and liabilities227 228229 440236 257267 262249 927243 369100.0100.0100.0100.0100.0100.0

Table 9 
Central government corporations. Balance sheet. Selected accounting figures. NOK million and per cent. 2011-2016

Central government corporations. Balance sheet. Selected accounting figures. NOK million and per cent. 2011-2016
 2011201220132014*2015*2016*2011201220132014*2015*2016*
Balance Sheet            
Fixed Assets1 672 9201 808 8281 963 6821 962 8621 937 6021 854 84475.878.181.178.279.580.5
Intangible fixed assets48 16136 12546 52953 67251 68943 0202.21.61.92.12.11.9
Tangible fixed assets450 771491 209512 514542 253518 335501 32220.421.221.221.621.321.8
Buildings and plants323 276152 299160 342175 183174 598171 93414.66.66.67.07.27.5
Plant under construction73 75080 65197 45233 61332 88025 8693.33.54.01.31.31.1
Houses, land and other real property7 2415 7036 1936 6306 4576 4940.30.20.30.30.30.3
Veicles, machinery and equipment etc.25 89930 46233 80835 61634 98236 6591.21.31.41.41.41.6
Other fixed assets20 605222 093214 719291 211269 418260 3650.99.68.911.611.111.3
Financial fixed assets1 170 2231 278 3091 401 5121 364 2051 362 9691 308 22353.055.257.954.456.056.8
Investments in group companies/subsidiaries880 801985 1081 116 2071 166 1961 102 459969 11239.942.581.178.279.580.5
Investments in associated companies73 85175 695127 09152 67039 02548 1873.33.35.22.11.62.1
Loans to group companies, associated companies and joint ventures191 575185 397122 154109 361169 219241 0538.78.05.04.46.910.5
Investments in shares and bonds12 48518 83511 83910 48313 31510 2820.60.80.50.40.50.4
Other receivables11 51113 27424 22125 49538 95139 5880.50.61.01.01.61.7
             
Current Assets534 103507 426457 938546 060498 436449 52224.221.918.921.820.519.5
Inventories20 93123 06326 70824 80622 89228 5190.91.01.11.00.91.2
Debtors409 842374 522275 564326 922277 727261 66418.616.211.413.011.411.4
Account receivable from customers and earned , not invoiced operating income77 62366 63976 84276 90057 19361 7683.52.93.23.12.32.7
Receivables from group companies286 831276 717167 815179 479180 459160 03713.011.96.97.27.46.9
Other receivables45 38831 16730 90770 54340 07539 8602.11.31.32.81.61.7
Investments30 38621 58444 63381 05393 76974 6871.40.91.83.23.83.2
cash and bank deposits72 94488 257111 026113 279102 60783 4253.33.84.64.54.23.6
             
Assets2 207 0232 316 2542 421 6192 508 9222 436 0382 304 366100.0100.0100.0100.0100.0100.0
             
Equity958 5731 090 4891 309 1411 262 3541 129 0181 015 16543.447.154.150.346.344.1
Invested equity536 746558 333755 479731 330584 704516 40324.324.131.229.124.022.4
Share capital267 102324 129383 937421 848225 298222 28712.114.015.916.89.29.6
Share premium reserve206 744173 215318 145217 868259 626228 1599.47.513.18.710.79.9
Invested other equity62 90160 98853 39791 61399 78165 9572.92.62.23.74.12.9
Retained earnings421 505452 745449 437530 692505 720492 88819.119.518.621.220.821.4
Reserve for valuation variances80 054329-21108 717-3036 8533.60.00.04.30.00.3
Other equity356 242475 538475 215526 353537 721521 79916.120.519.621.022.122.6
Uncovered losses-14 791-23 122-25 757-104 379-31 697-35 765-0.7-1.0-1.1-4.2-1.3-1.6
             
Long term liabilities627 227635 463650 187695 205818 785760 06028.427.426.827.733.633.0
Provisions187 904197 326193 703282 387192 531124 9758.58.58.011.37.95.4
Bonds114 631120 721202 891214 352242 015252 4785.25.28.48.59.911.0
Financial institutions57 27945 87344 75241 49254 23643 0802.62.01.81.72.21.9
Liabilities to group companies219 787208 799144 50649 670177 932228 57310.09.06.02.07.39.9
Financial liabilities2 3262 2401 8862 2642 0501700.10.10.10.10.10.0
Other long term liabilities45 21660 50562 391102 478147 118108 5262.02.62.64.16.04.7
             
Current liabilities621 222590 301462 291551 363488 230529 14228.125.519.122.020.023.0
Financial institutions16 89024 61327 84050 85842 78164 6750.81.11.12.01.82.8
Trade creditors50 47637 64742 45531 16726 14733 3782.31.61.81.21.11.4
Public duties and tax payable66 59173 86761 93248 39532 17429 3383.03.22.61.91.31.3
Dividends payable45 73756 37328 16024 19524 40964 2092.12.41.21.01.02.8
Liabilities to group companies339 782316 988214 729285 518281 189218 10915.413.78.911.411.59.5
Other short term liabilities94 98378 17783 64896 22672 919113 3714.33.43.53.83.04.9
             
Equity and liabilities2 207 0222 316 2542 421 6192 508 9222 436 0332 304 366100.0100.0100.0100.0100.0100.0

Table 10 
Local government owned enterprises. Income statement. Selected accounting figures. NOK million and per cent. 2011-2016

Local government owned enterprises. Income statement. Selected accounting figures. NOK million and per cent. 2011-2016
 2011201220132014*2015*2016*2011201220132014*2015*2016*
Income Statement            
Operating income145 158133 924145 828139 449133 473140 069100.0100.0100.0100.0100.0100.0
Revenue123 369114 719124 078117 265118 785121 68485.085.785.184.189.086.9
Special public taxes-260-134-151-142-93-40-0.2-0.1-0.1-0.1-0.10.0
Public subsidies10 5576 31011 6089 6172 3522 9347.34.78.06.91.82.1
Income from rent, real property and other income from rent4 0443 0633 1333 6063 4024 5572.82.32.12.62.53.3
Profit on disposals (sale etc.) of fixed assets8151 08353000.60.80.00.00.00.0
Other operating income6 1118 6156 3357 9388 4199 7044.26.44.35.76.36.9
             
Operating expenses123 823114 138119 922114 969112 950114 17785.385.282.282.484.681.5
Raw materials and consumables used52 24643 56852 26043 83446 69744 09936.032.535.831.435.031.5
Payroll expense22 19224 04223 08520 93622 41122 69215.318.015.815.016.816.2
Depreciation and amortisation expense11 21912 54510 96911 10811 82914 0507.79.47.58.08.910.0
Other operating expenses38 17934 86533 49739 01231 98033 26026.326.023.028.024.023.7
             
Operating profit21 31526 10225 90624 48020 52325 8920.00.00.00.00.00.0
             
Financial income16 34314 19914 12717 26413 83916 69611.310.69.712.410.411.9
Financial expense13 50511 88122 30216 40612 63210 1029.38.915.311.89.57.2
             
Operating result before tax24 15322 10317 73125 33821 73032 48616.616.512.218.216.323.2
             
Tax9 64269 2308 6916 6075 7917 8416.651.76.04.74.35.6
             
Operating result14 51715 1809 04118 73015 94324 64710.011.36.213.411.917.6
             
Net extraordinary income-1 877-2 275-2 812-667-3 002-2 967-1.3-1.7-1.9-0.5-2.2-2.1
             
Net profit for the year12 63412 6626 12517 94513 25621 4488.79.54.212.99.915.3

Table 11 
Local government owned enterprises. Balance sheet. Selected accounting figures. NOK million and per cent. 2011-2016

Local government owned enterprises. Balance sheet. Selected accounting figures. NOK million and per cent. 2011-2016
 2011201220132014*2015*2016*2011201220132014*2015*2016*
Balance Sheet            
Fixed Assets398 932403 572428 285448 075465 367506 52182.684.183.183.884.684.5
Intangible fixed assets33 67141 69952 83258 88358 60364 9127.08.710.311.010.710.8
Tangible fixed assets191 771191 995202 295205 184212 260239 24939.740.039.338.438.639.9
Buildings and plants133 607128 688133 570133 335141 878161 24927.726.825.924.925.826.9
Plant under construction11 51712 15012 50012 49113 09015 6382.42.52.42.32.42.6
Houses, land and other real property9 9229 51410 94811 67211 14613 1142.12.02.12.22.02.2
Veicles, machinery and equipment etc.15 80419 58923 88524 31720 18225 9603.34.14.64.53.74.3
Other fixed assets20 92122 05321 39223 36825 96423 2884.34.64.24.44.73.9
Financial fixed assets172 280171 111172 391179 973190 218197 64535.735.633.533.734.633.0
Investments in group companies/subsidiaries88 24189 19091 33194 34396 978103 99718.318.617.717.617.617.4
Investments in associated companies14 03714 15915 66420 57019 75221 8152.92.93.03.83.63.6
Loans to group companies, associated companies and joint ventures52 90753 10149 01449 21456 55255 19111.011.19.59.210.39.2
Investments in shares and bonds9 2188 0268 7548 4478 6507 9261.91.71.71.61.61.3
Other receivables7 8776 6357 6287 3988 2868 7161.61.41.51.41.51.5
             
Current Assets83 82276 48286 90886 48484 60392 75817.415.916.916.215.415.5
Inventories4 1983 7343 1003 2463 2203 4970.90.80.60.60.60.6
Debtors49 27045 80548 06049 82345 99152 18010.29.59.39.38.48.7
Account receivable from customers and earned , not invoiced operating income18 40417 46918 70517 87816 03318 9863.83.63.63.32.93.2
Receivables from group companies22 10519 96821 04324 27722 68924 9104.64.24.14.54.14.2
Other receivables8 7618 3698 3127 6687 2718 2841.81.71.61.41.31.4
Investments1 9621 8542 4902 6783 8313 5860.40.40.50.50.70.6
cash and bank deposits28 39725 08833 20830 68629 88931 1135.95.26.45.75.45.2
             
Assets482 754480 054515 193534 558549 971599 279100.0100.0100.0100.0100.0100.0
             
Equity182 796186 514194 572206 187207 114234 72637.938.837.838.637.739.2
Invested equity105 347108 663114 897124 794124 987136 01121.822.622.323.322.722.7
Share capital46 78149 07750 59150 96447 08249 1139.710.29.89.58.68.2
Share premium reserve47 54748 81750 30360 56965 16274 2739.910.19.811.311.812.4
Invested other equity11 01910 76914 00213 26212 74212 6252.32.22.72.52.32.1
Retained earnings73 58773 44974 63276 36076 72692 80615.215.314.514.314.015.5
Reserve for valuation variances8357877962 1231 7151 3380.20.20.20.40.30.2
Other equity74 67575 49877 24777 92678 25794 62015.515.715.014.614.215.8
Uncovered losses-1 923-2 837-3 412-3 689-3 246-3 151-0.4-0.6-0.7-0.7-0.6-0.5
             
Long term liabilities217 327215 117239 318244 500258 710269 20045.044.746.545.747.044.9
Provisions15 41914 70815 45616 33418 99019 5643.23.13.03.13.53.3
Bonds39 99741 55950 21761 07159 26459 9158.38.69.711.410.810.0
Financial institutions67 09167 03481 55080 80789 97796 10213.913.915.815.116.416.0
Liabilities to group companies45 13945 39546 49943 05953 95255 5369.49.49.08.19.89.3
Financial liabilities10 67310 2049 7119 7758 8427 2472.22.11.91.81.61.2
Other long term liabilities39 00937 18635 88633 40127 40330 3038.17.77.06.25.05.1
             
Current liabilities82 45978 42181 28383 87284 09195 35317.116.315.815.715.315.9
Financial institutions8 4928 9557 9298 01610 31612 0921.81.91.51.51.92.0
Trade creditors9 7149 60110 3329 90310 86817 2522.02.02.01.92.02.9
Public duties and tax payable11 42710 34410 6959 7139 04611 3032.42.22.11.81.61.9
Dividends payable7 1326 4266 41810 1598 3338 7161.51.31.21.91.51.5
Liabilities to group companies24 97421 18023 49422 40322 49023 7375.24.44.64.24.14.0
Other short term liabilities20 70021 89022 39123 66122 91121 9654.34.64.34.44.23.7
             
Equity and liabilities482 583481 025515 180534 559549 915599 279100.0100.0100.0100.0100.0100.0

Table 12 
Local government owned enterprises. Selected key figures. 2011-2016

Local government owned enterprises. Selected key figures. 2011-2016
 2011201220132014*2015*2016*
1Operating profit in per cent of operating income at 31. December.
2Operating result before tax in per cent of operating income at 31. December.
3Operating result before tax + Financial expense in per cent of total equity and liabilities at 31 December.
4Operating result in per cent of total equity at 31 December.
5Equity in per cent of total equity and liabilities at 31 December.
6Current assets at 31 December in proportion to current liabilities at 31 Decenber.
7Fixed assets in proportion to long- term capital at 31 December.
8Total liabilities in proportion to total equity at 31 December.
Key figures      
Operating profit margin. Per cent114.6819.4917.7617.5515.3818.49
Operating margin. Per cent216.6416.5012.1618.1716.2823.19
Return on total assets. Per cent37.807.067.777.816.257.11
Return on equity. Per cent47.948.144.659.087.7010.50
Equity ratio. Per cent537.8838.7737.7738.5737.6639.17
Current ratio.61.020.981.071.031.010.97
Ratio of fixed assets to long term capital.71.001.000.990.991.001.01
Debt-to-equity ratio81.641.571.651.591.661.55

About the statistics

The statistics include all market non-financial corporations in which either the central government or municipalities/county municipalities directly or indirectly own more than 50 per cent of the shares. These include all companies incorporated by special legislation as well as central government market entities.

 

 

Definitions

Definitions of the main concepts and variables

The Accounting Act of 17th June 1998 and the Norwegian Accounting Standard, NS 4102 govern income statement and the balance sheet.

Operating income and operating expenses, financial income and financial expenses etc is per definition in accordance with the Accounting Act. The balance sheet consists of assets (fixed assets and current assets), equity and liabilities.

The questionnaire does not include consolidated accounts.

Standard classifications

The corporations are classified in accordance with the institutional sector and industrial classification (NACE). The balance sheet is classified in accordance with the national accountings financial object grouping and with the grouping of debtors and creditors.

The following sectors are included in the statistics:
1110 Public quasi-corporations
1120 Public limited companies owned by the state etc.
1510 Municipal quasi-corporations
1520 Public limited companies owned by the municipalities ect.

Business units or corporations that are basically operating general government activities are excluded in the statistics.

The industrial classification is from 2007and the is in line with the Norwegian Standard for Industrial Classification (SN2007) which is in conformity with the EC  industrial classification NACE Rev. 2.

Administrative information

Name and topic

Name: Public corporations, accounts
Topic: Public sector

Responsible division

Division for Public Finance

Regional level

Municipality

Frequency and timeliness

Annually
Accounting statistics for Public corporations 12 months
Accounting statistics for Local Government owned rehabilitation enterprises 12 months (No longer available with effect from 2012) 
Structural statistics for Public corporations 3 months (No longer available with effect from 2012)

International reporting

As an integral part of the national accounts

Microdata

Micro data are stored in an Oracle database together with the accounts for the private owned non-financial corporations. Published tables are stored as flat files.

Background

Background and purpose

The purpose of the statistics is to collect and compile figures needed to present macroeconomic statistics and statistics about public corporations. This started in 1961 (NOS XII 185).

Users and applications

The major user of the statistics is the National Account Division at Statistics Norway, the public authorities and the general public.

Equal treatment of users

No external users have access to the statistics and analyses before they are published and accessible simultaneously for all users on ssb.no at 08 am. Prior to this, a minimum of three months' advance notice is given inthe Statistics Release Calendar.

Coherence with other statistics

The statistics is issued annually and the data produced for that year in question is provisional. Furthermore, the figures are included the national accounts and in the financial sector balance sheet.

Legal authority

Statistics act Sections 2-2 and 3-2.

EEA reference

Council Regulation (EC) No 2223/96 – on the European system of national and regional accounts in the Community amended by Articles of Regulation 448/98, 1500/2000, 2516/2000, 995/2001, 113/2002, 1267/2003, 1392/2007 and 715/2010.

Council Regulation (EC) No 3037/90 – on the statistical classification of economic activities in the European Community amended by Article of Regulation 761/93, 29/2002 and 1893/2006

Regulation (EC) No 177/2008 of The European Parliament and of the Council – on establishing a common framework for business registers for statistical purposes and repealing council Regulation No 2186/93

Council Regulation (EC) No 2223/96 – on the European system of national and regional accounts in the community amended by Articles of Regulation 448/98, 1500/2000, 2516/2000, 995/2001, 113/2002, 1267/2003, 1392/2007 and 715/2010

Commission Regulation (EC) No 264/2000 - on the implementation of Council Regulation No 2223/96 with respect to short-term public finance statistics

Production

Population

The population comprises all Norwegian companies defined as public non-financial corporations. Corporations which are General government are excluded since these are entered into the central government and/or the local government.

These are all market oriented non-financial corporations in which the central government or municipality/county municipality directly or indirectly owns more than 50 per cent of the shares.  These include all companies incorporated by special legislation market entities.

The statistic does not include the company consolidated account.

The accounting statistics comprises income statement, balance sheet and selected accounting key figures.

The accounting figures for State´s Direct Financial Interest (SDFI) are collected from Petoros AS Annual Accounting Report for 20XX.

Data sources and sampling

The basis of the statistics is by accounting reports are obtained by the Tax questionnaire on accounting reported to the Directorate of Taxes. The statistics does not include the consolidated financial account.

With the effect from 2005, the statisticsNorwayhas obtained direct accounting information from the Central Register of Establishment of Enterprises when necessary.

By electronic reporting, the companies send a copy of the Tax questionnaire directly to Statistics Norway via IDUN (Informasjons- og DataUtveksling med Næringslivet).

Specifications of some selected items in the balance sheet are reported on an additional questionnaire. Accounting information for the Municipality Energy Supply corporations are collected from the "Economics and Technical report to the Norwegian Water Resources and Energy Directorate and Statistics Norway". Accounting information for smaller corporations are obtained directly from the Central Register of Establishments and Enterprises. Accounting information obtained by this method is less detailed than the Tax questionnaires on accounting.

Collection of data, editing and estimations

The Statistics Norway collects the Tax questionnaires on accounting on the companies when these are not available. The Tax questionnaires are sent out and are sent back when completed by the companies. This must be return within a stipulated deadline to the Statistics Norway.

The questionnaire is issued in connection with the deadline of providing the Tax questionnaire to the Norwegian Tax authority. The deadline for sending in the questionnaires to Statistics Norway is usually the last week in June.

The data are registered in a common accounting database at Statistics Norway that comprises both public and private non-financial corporations.

Control and revision are automatically built-in the accounting database at Statistics Norway This constitutes a control and revision of the balance sheet in accordance with the annual accounts and a macro control.

Seasonal adjustment

Not applicable

Confidentiality

This is in accordance by Statistic Act § 2-6, information published may not be traced back or identified to any individual. This is to ensure that there is no direct disclosure about individual corporations to the general public.

Comparability over time and space

Changes in the accountancy and the company act, as well as the grouping of items in the Tax questionnaires causes deviation in time series.

Starting from 2005, Norwegian companies can opt for International Financial Report Standards (IFRS) in their annual accounting reports. This has affected the comparability of different companies applying different principles.

Accuracy and reliability

Sources of error and uncertainty

The major sources of error have usually been the inability of tracking the ongoing changes in the population. The population is established by an inspection of the share of public ownership in the various corporations as it is registered in the Central Register of Establishments and Enterprises. This register is updated continuously on the basis of newly established corporations or annual company accounts.

The degree of information provided in the annual accounts by various corporations differs. In addition the companies practices different accounting principles in the same questionnaires, and this inconsistency of practice generates problems for the statistics.

Changes in Statistics Norway's information about the ownership structure in the corporations have significantly affected the changes in the total number of public corporations. 

In some cases, whereby no accounting data are available, Tax questionnaires are re-constructed based upon data available from the previous years.

Variance: Not applicable
Bias: Not applicable
Non-response: The accounting statistics only include data for the enterprises that Statistics Norway could obtain data on. Non-response is not very high.

The population requires updating continuously. This is as the result of incorrect classification of sector or industrial classification which can affect the result statistics.

Revision

http://www.ssb.no/en/omssb/styringsdokumenter/formidlingspolitikk/prinsipper-for-revisjon

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