361290
/en/offentlig-sektor/statistikker/offregn/aar
361290
statistikk
2018-12-20T08:00:00.000Z
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 industryLocal government finances , Central government finances , Public sector
true

Public corporations, accounts

Updated

Next update

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Key figures

18.34 %

operating income in per cent of operating income

Public non-financial corporations. Income statement. Selected accounting figures. NOK million and per cent. 2012-2017
 2012201320142015*2016*2017*2012201320142015*2016*2017*
Income Statement            
Operating income1 420 0751 325 0791 236 5891 015 615900 8081 146 546100.0100.0100.0100.0100.0100.0
Revenue1 309 5111 208 0191 114 858906 430813 1571 062 85692.291.290.289.290.392.7
Special public taxes-8 3868 388-155-104-581-0.60.60.00.00.00.0
Public subsidies10 97717 25115 5597 7578 3368 4410.81.31.30.80.90.7
Income from rent, real property and other income from rent12 45912 45812 61812 84414 00415 8080.90.91.01.31.61.4
Profit on disposals (sale etc.) of fixed assets11 3111430090.80.00.00.00.00.0
Other operating income84 20380 52185 10975 30063 36157 5685.96.16.97.47.05.0
             
Operating expenses975 654937 805917 433828 597771 782866 31868.770.874.281.685.775.6
Raw materials and consumables used580 292524 398491 059384 054342 553460 46540.939.639.737.838.040.2
Payroll expense94 683100 39995 59996 11994 46990 3766.77.67.79.510.57.9
Depreciation and amortisation expense97 602102 350108 972128 421126 545101 8416.97.78.812.614.08.9
Other operating expenses203 960210 389221 395219 728207 675213 25814.415.917.921.623.118.6
             
Operating profit450 737387 315319 156173 905129 027280 22931.729.225.817.114.324.4
             
Financial income208 188184 613162 444135 763143 973286 16514.713.913.113.416.025.0
Financial expense78 098131 225303 410159 99193 220127 7445.59.924.515.810.311.1
             
Operating result before tax574 510431 635178 190162 790179 780438 84140.532.614.416.020.038.3
             
Tax199 304151 518134 23777 04555 897105 95914.011.410.97.66.29.2
             
Operating result375 205280 11743 95385 745123 857332 68026.421.13.68.413.729.0
             
Net extraordinary income-2 272-2 884-797-3 126-3 093-745-0.2-0.2-0.1-0.3-0.3-0.1
             
Net profit for the year372 819276 54040 40084 830119 993329 98026.320.93.38.413.328.8

See selected tables from this statistics

Table 1 
Public non-financial corporations. Balance sheet. Selected accounting figures. NOK million and per cent. 2012-2017

Public non-financial corporations. Balance sheet. Selected accounting figures. NOK million and per cent. 2012-2017
 2012201320142015*2016*2017*2012201320142015*2016*2017*
Balance Sheet            
Fixed Assets2 412 1552 594 9992 649 9942 629 2602 583 2902 774 33679.781.880.081.382.181.5
Intangible fixed assets80 521100 360113 160110 670108 387113 6902.73.23.43.43.43.3
Tangible fixed assets879 749916 771985 710956 375961 8921 008 49329.128.929.829.630.629.6
Buildings and plants477 399495 706546 581542 002554 193565 53815.815.616.516.717.616.6
Plant under construction92 810109 99146 15445 99441 54542 0083.13.51.41.41.31.2
Houses, land and other real property15 26217 14118 30217 60419 60830 9950.50.50.60.50.60.9
Veicles, machinery and equipment etc.50 11857 74960 00455 33762 81766 9021.71.81.81.72.02.0
Other fixed assets244 161236 185314 669295 439283 729303 0918.17.49.59.19.08.9
Financial fixed assets1 449 7241 573 9111 544 1861 553 1961 505 8761 639 56047.949.646.648.047.948.2
Investments in group companies/subsidiaries1 074 3921 207 5381 260 5391 199 4371 073 1091 173 20335.538.138.137.134.134.5
Investments in associated companies89 970142 76373 24758 78470 00952 9073.04.52.21.82.21.6
Loans to group companies, associated companies and joint ventures238 509171 167158 575225 771296 244338 1217.95.44.87.09.49.9
Investments in shares and bonds26 86320 59418 93121 96618 21032 1540.90.60.60.70.60.9
Other receivables19 99131 84932 89447 23848 30543 1750.71.01.01.51.51.3
             
Current Assets615 782578 071660 748606 675563 724629 06620.318.220.018.717.918.5
Inventories30 48434 48033 35630 66135 03135 0951.01.11.00.91.11.0
Debtors447 713351 962399 285342 505331 939396 27014.811.112.110.610.511.6
Account receivable from customers and earned , not invoiced operating income111 171123 743117 20791 67198 384116 2043.73.93.52.83.13.4
Receivables from group companies296 974188 949203 790203 362185 399227 8789.86.06.26.35.96.7
Other receivables39 56739 27078 28847 47248 15652 1891.31.22.41.51.51.5
Investments23 43747 12383 73197 60078 27373 4310.81.52.53.02.52.2
cash and bank deposits114 146144 448144 326132 606114 719119 5313.84.64.44.13.63.5
             
Assets3 027 9373 173 0703 310 7423 235 9353 147 0143 403 402100.0100.0100.0100.0100.0100.0
             
Equity1 432 6501 667 0901 640 7411 498 4741 403 8361 551 21147.352.549.646.344.645.6
Invested equity822 6371 033 2191 027 548871 174805 489920 63027.232.631.026.925.627.1
Share capital528 477597 439644 325433 957424 505427 03017.518.819.513.413.512.5
Share premium reserve222 187368 449278 437324 788302 432319 7807.311.68.410.09.69.4
Invested other equity71 97367 331104 784112 42978 552173 8202.42.13.23.52.55.1
Retained earnings526 198524 411607 571583 020586 336584 04017.416.518.418.018.617.2
Reserve for valuation variances1 116775110 8411 4128 1917 3750.00.03.30.00.30.2
Other equity551 403552 805604 799616 551617 060618 75218.217.418.319.119.618.2
Uncovered losses-26 322-29 168-108 068-34 943-38 916-42 087-0.9-0.9-3.3-1.1-1.2-1.2
             
Long term liabilities912 500944 4331 019 8541 155 1791 104 2421 161 18530.129.830.835.735.134.1
Provisions270 416261 908376 417286 501212 105222 1218.98.311.48.96.76.5
Bonds162 280253 108275 423301 279312 394303 1955.48.08.39.39.98.9
Financial institutions114 198126 302122 298144 213139 182153 6673.84.03.74.54.44.5
Liabilities to group companies254 257191 02892 765231 917284 132351 6908.46.02.87.29.010.3
Financial liabilities12 44411 59712 03910 8917 4177 1810.40.40.40.30.20.2
Other long term liabilities99 874100 433138 297177 192146 221121 6403.33.24.25.54.63.6
             
Current liabilities682 787561 526650 148582 222638 937690 94022.517.719.618.020.320.3
Financial institutions33 76235 76958 87553 09676 76764 4871.11.11.81.62.41.9
Trade creditors50 78256 45145 42639 36153 46752 8321.71.81.41.21.71.6
Public duties and tax payable84 27172 67858 16641 30140 76358 6862.82.31.81.31.31.7
Dividends payable62 79834 57934 35332 74272 925132 6472.11.11.01.02.33.9
Liabilities to group companies338 522238 223307 924303 679241 848263 37511.27.59.39.47.77.7
Other short term liabilities109 991120 276130 383103 303146 817112 9123.63.83.93.24.73.3
             
Equity and liabilities3 027 9373 173 0573 310 7433 235 8753 147 0143 403 335100.0100.0100.0100.0100.0100.0

Table 2 
Public non-financial corporations. Income statement and balance sheet by section. Selected accounting figures. NOK million. 2017*

Public non-financial corporations. Income statement and balance sheet by section. Selected accounting figures. NOK million. 2017*
 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 050778 08022 492113 0376 58912 96523 27261 04427958 1176 4786 8464 4208 6201637 20635 6882021 146 548
Revenue886736 00221 744108 6816 24210 99322 92946 92521553 7421 0554 3561 7018 0531093 86635 283721 062 854
Other operating income12442 04474336 9163261 76234113 819633 9235 3352 4612 714567543 335403123115 053
                    
Operating expenses994555 92719 15884 4006 08012 23422 89757 92625549 8494 1967 0063 5554 0011616 97430 504202866 319
Raw materials and consumables used571364 7215 39739 7841 6203 68219 4897 0773215 2271961 131334101239946422460 465
Payroll expense15723 9695 53211 5831 3673 5052 17921 6629911 3395573 13566546753 7296879090 376
Depreciation and amortisation expense1069 0581 30712 6856644482214 90696 7711 3661801 0452 550724734623101 843
Other operating expenses25798 1226 92120 1262 4274 5921 00724 26111416 4512 0713 0371 5091 305572 00429 40868213 737
                    
Operating profit55222 1533 33428 6375097313753 118248 2682 283-1608654 61922325 1840280 229
                    
Operating result before tax119223 2714 63476 3503921 0551773 76323113 5865 0244591 1063 47112175 18310438 841
                    
Net profit for the year126136 0154 23062 9953079451562 10315108 9444 5274331 0362 73112135 19310329 980
                    
                    
Balance Sheet                   
Assets2 7551 681 03047 388844 72113 08739 09311 594123 799175418 41687 31333 10829 64055 7131296 5168 6102903 403 377
Fixed Assets2 1811 371 39926 513710 02710 05127 5215 42591 37567344 36278 73423 97225 77850 510663 7642 492822 774 319
Current Assets573309 63120 875134 6933 03611 5726 17032 42410874 0558 5789 1363 8625 203632 7526 118207629 056
                    
Equity and liabilities2 7551 681 03047 373844 68913 09139 09311 594123 799175418 41587 30833 09129 63855 7131296 5168 6102903 403 309
Equity2 357760 94821 153419 1263 26614 1043 13547 96072194 54543 44824 67810 897744613 8686961261 551 184
Long term liabilities127588 20710 208280 5127 84116 6554 25553 6942094 66931 9853 69816 35849 629331 5661 658711 161 186
Current liabilities271331 87616 012145 0521 9848 3344 20422 14583129 19911 8764 7152 3835 339351 0826 25793690 940

Table 3 
Public non-financial corporations, with out central government enterprises. Selected key figures. 2012-2017

Public non-financial corporations, with out central government enterprises. Selected key figures. 2012-2017
 2012201320142015*2016*2017*
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 cent124.8922.7429.249.909.011.55
Operating margin. Per cent236.0027.206.039.1916.4334.92
Return on total assets. Per cent317.6914.4711.577.407.1714.74
Return on equity. Per cent418.1520.284.315.8210.0924.85
Equity ratio. Per cent545.6251.2048.2544.7543.0543.83
Current ratio60.871.001.001.020.870.89
Ratio of fixed assets to long term capital71.021.001.001.081.041.03
Debt-to-equity ratio81.210.951.071.231.321.28

Table 4 
Central government corporations. Income statement. Selected accounting figures. NOK million and per cent. 2012-2017

Central government corporations. Income statement. Selected accounting figures. NOK million and per cent. 2012-2017
 2012201320142015*2016*2017*2012201320142015*2016*2017*
Income Statement            
Operating income1 063 194975 011910 742713 162627 620839 104100.0100.0100.0100.0100.0100.0
Revenue977 470884 891812 512624 350564 255777 44791.990.889.287.589.992.7
Special public taxes-8 520-8 539-13-11-18-17-0.8-0.90.00.00.00.0
Public subsidies4 6264 9325 1414 6044 4964 5850.40.50.60.60.70.5
Income from rent, real property and other income from rent9 3909 3249 0129 4439 44710 8960.91.01.01.31.51.3
Profit on disposals (sale etc.) of fixed assets10 117800  1.00.00.00.00.00.0
Other operating income70 11069 70676 65661 99748 66345 1596.67.18.48.77.85.4
             
Operating expenses791 023746 040736 376636 731584 323685 36174.476.580.989.393.181.7
Raw materials and consumables used533 356468 602469 901333 022293 753410 46950.248.151.646.746.848.9
Payroll expense69 96176 08173 49172 40770 37765 4956.67.88.110.211.27.8
Depreciation and amortisation expense59 56067 56573 55082 04181 78765 5875.66.98.111.513.07.8
Other operating expenses128 145133 633145 771149 018137 940143 48412.113.716.020.922.017.1
             
Operating profit272 171229 012174 36676 43143 298153 74225.623.519.110.76.918.3
             
Financial income189 632164 908136 069110 117122 207256 38617.816.914.915.419.530.6
Financial expense52 31297 702272 496130 47871 896110 6654.910.029.918.311.513.2
             
Operating result before tax409 220287 15037 93856 06993 607299 65438.529.54.27.914.935.7
             
Tax192 383-114171 25648 15097 58818.10.00.010.07.711.6
       0.00.00.00.00.00.0
Operating result216 836144 323-89 692-15 18945 531201 85820.414.8-9.8-2.17.324.1
             
Net extraordinary income0-72-130-124-1261650.00.00.00.00.00.0
             
Net profit for the year216 964143 661-92 460-13 41344 864199 64220.414.7-10.2-1.97.123.8

Table 5 
Central government corporations. Balance sheet. Selected accounting figures. NOK million and per cent. 2012-2017

Central government corporations. Balance sheet. Selected accounting figures. NOK million and per cent. 2012-2017
 2012201320142015*2016*2017*2012201320142015*2016*2017*
Balance Sheet            
Fixed Assets1 808 8281 963 6821 962 8621 937 6021 854 8442 000 66178.181.178.279.580.580.0
Intangible fixed assets36 12546 52953 67251 68943 02043 3961.61.92.12.11.91.7
Tangible fixed assets491 209512 514542 253518 335501 322530 15221.221.221.621.321.821.2
Buildings and plants152 299160 342175 183174 598171 934184 3426.66.67.07.27.57.4
Plant under construction80 65197 45233 61332 88025 86924 5933.54.01.31.31.11.0
Houses, land and other real property5 7036 1936 6306 4576 4945 9070.20.30.30.30.30.2
Veicles, machinery and equipment etc.30 46233 80835 61634 98236 65937 9381.31.41.41.41.61.5
Other fixed assets222 093214 719291 211269 418260 365277 3719.68.911.611.111.311.1
Financial fixed assets1 278 3091 401 5121 364 2051 362 9691 308 2231 419 51455.257.954.456.056.856.7
Investments in group companies/subsidiaries985 1081 116 2071 166 1961 102 459969 1121 055 19542.581.178.279.580.580.0
Investments in associated companies75 695127 09152 67039 02548 18730 0503.35.22.11.62.11.2
Loans to group companies, associated companies and joint ventures185 397122 154109 361169 219241 053285 5008.05.04.46.910.511.4
Investments in shares and bonds18 83511 83910 48313 31510 28223 6740.80.50.40.50.40.9
Other receivables13 27424 22125 49538 95139 58825 0950.61.01.01.61.71.0
             
Current Assets507 426457 938546 060498 436449 522501 09821.918.921.820.519.520.0
Inventories23 06326 70824 80622 89228 51929 5471.01.11.00.91.21.2
Debtors374 522275 564326 922277 727261 664316 11316.211.413.011.411.412.6
Account receivable from customers and earned , not invoiced operating income66 63976 84276 90057 19361 76875 4182.93.23.12.32.73.0
Receivables from group companies276 717167 815179 479180 459160 037197 37711.96.97.27.46.97.9
Other receivables31 16730 90770 54340 07539 86043 3181.31.32.81.61.71.7
Investments21 58444 63381 05393 76974 68769 0440.91.83.23.83.22.8
cash and bank deposits88 257111 026113 279102 60783 42583 6073.84.64.54.23.63.3
             
Assets2 316 2542 421 6192 508 9222 436 0382 304 3662 501 760100.0100.0100.0100.0100.0100.0
             
Equity1 090 4891 309 1411 262 3541 129 0181 015 1651 125 06847.154.150.346.344.145.0
Invested equity558 333755 479731 330584 704516 403601 00324.131.229.124.022.424.0
Share capital324 129383 937421 848225 298222 287208 37714.015.916.89.29.68.3
Share premium reserve173 215318 145217 868259 626228 159232 1557.513.18.710.79.99.3
Invested other equity60 98853 39791 61399 78165 957160 4722.62.23.74.12.96.4
Retained earnings452 745449 437530 692505 720492 888482 30619.518.621.220.821.419.3
Reserve for valuation variances329-21108 717-3036 8536 1190.00.04.30.00.30.2
Other equity475 538475 215526 353537 721521 799514 42520.519.621.022.122.620.6
Uncovered losses-23 122-25 757-104 379-31 697-35 765-38 238-1.0-1.1-4.2-1.3-1.6-1.5
             
Long term liabilities635 463650 187695 205818 785760 060792 83127.426.827.733.633.031.7
Provisions197 326193 703282 387192 531124 975133 0848.58.011.37.95.45.3
Bonds120 721202 891214 352242 015252 478232 2225.28.48.59.911.09.3
Financial institutions45 87344 75241 49254 23643 08055 7722.01.81.72.21.92.2
Liabilities to group companies208 799144 50649 670177 932228 573285 1049.06.02.07.39.911.4
Financial liabilities2 2401 8862 2642 050170270.10.10.10.10.00.0
Other long term liabilities60 50562 391102 478147 118108 52685 1892.62.64.16.04.73.4
             
Current liabilities590 301462 291551 363488 230529 142583 82125.519.122.020.023.023.3
Financial institutions24 61327 84050 85842 78164 67552 6021.11.12.01.82.82.1
Trade creditors37 64742 45531 16726 14733 37837 8661.61.81.21.11.41.5
Public duties and tax payable73 86761 93248 39532 17429 33846 1383.22.61.91.31.31.8
Dividends payable56 37328 16024 19524 40964 209122 2032.41.21.01.02.84.9
Liabilities to group companies316 988214 729285 518281 189218 109235 04013.78.911.411.59.59.4
Other short term liabilities78 17783 64896 22672 919113 37184 3803.43.53.83.04.93.4
             
Equity and liabilities2 316 2542 421 6192 508 9222 436 0332 304 3662 501 720100.0100.0100.0100.0100.0100.0

Table 6 
Central government corporations. Selected key figures. 2012-2017

Central government corporations. Selected key figures. 2012-2017
 20122013*2014*2015*2016*2017*
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 cent125.6023.4919.1510.726.9018.32
Operating margin. Per cent233.4929.454.177.8614.9135.71
Return on total assets. Per cent319.9315.8912.377.667.1816.40
Return on equity. Per cent422.6211.02-7.11-1.354.4926.63
Equity ratio. Per cent547.0854.0650.3146.3544.0544.97
Current ratio60.860.990.991.020.850.86
Ratio of fixed assets to long term capital71.051.001.000.991.041.04
Debt-to-equity ratio81.120.850.991.161.271.22

Table 7 
Central government quasi- corporations. Income tatement. Selected accounting figures. NOK million and per cent. 2012-2017

Central government quasi- corporations. Income tatement. Selected accounting figures. NOK million and per cent. 2012-2017
 2012201320142015*2017*2017*2012201320142015*2016*2017*
Income Statement            
Operating income222 726204 241186 397168 980133 120163 090100.0100.0100.0100.0100.0100.0
Revenue217 271199 050185 081163 295127 218157 66197.697.599.396.695.696.7
Special public taxes0000000.00.30.40.50.70.2
Public subsidies47118018019073750.00.00.00.00.00.0
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 income5 4514 4805154 8844 9955 0542.42.20.32.93.83.1
             
Operating expenses70 01171 84366 08778 91673 28263 19431.435.235.546.755.038.7
Raw materials and consumables used3 3403 5353 9904 3354 7005 4741.51.72.12.63.53.4
Payroll expense6651 2331 1711 3001 3991 4130.30.60.60.81.10.9
Depreciation and amortisation expense25 46423 81524 31534 55130 70721 28711.411.713.020.423.113.1
Other operating expenses40 54243 26036 61238 73036 47635 02018.221.219.622.927.421.5
             
Operating profit152 715132 397120 31090 06459 83899 89668.664.864.553.345.061.3
             
Financial income4 5665 5789 11211 8075 0701 9972.02.74.97.03.81.2
Financial expense13 84011 22114 50816 88011 2216 4866.25.57.810.08.44.0
             
Operating result before tax143 441126 754114 91484 99153 68795 40764.462.161.750.340.358.5
             
Tax0000650.00.00.00.00.00.0
             
Operating result143 441126 754114 91484 99153 68195 40264.462.161.750.340.358.5
             
Net extraordinary income000-3000.00.00.00.00.00.0
             
Net profit for the year143 441126 754114 91484 98853 68195 40264.462.161.750.340.358.5

Table 8 
Central government quasi- corporations. Income statement. Selected accounting figures. NOK million and per cent. 2012-2017

Central government quasi- corporations. Income statement. Selected accounting figures. NOK million and per cent. 2012-2017
 2012201320142015*2016*2017*2012201320142015*2016*2017*
Balance Sheet            
Fixed Assets198 273203 032239 057226 291221 925225 35886.485.989.490.591.290.1
Intangible fixed assets1 6679996053774554950.70.40.20.20.20.2
Tangible fixed assets196 476201 962238 273225 781221 322224 69285.685.589.290.390.989.8
Buildings and plants196 371201 794238 063225 526221 010224 20185.685.489.190.290.889.6
Plant under construction8395024391770.00.00.00.00.00.1
Houses, land and other real property18000 00.00.00.00.00.00.0
Veicles, machinery and equipment etc.6756711731982420.00.00.00.10.10.1
Other fixed assets1273905776720.00.00.00.00.00.0
Financial fixed assets91889990.00.00.00.00.00.0
Investments in group companies/subsidiaries0000000.00.00.00.00.00.0
Investments in associated companies90777770.00.00.00.00.00.0
Loans to group companies, associated companies and joint ventures     20.00.00.00.00.00.0
Investments in shares and bonds1111200.00.00.00.00.00.0
Other receivables0000000.00.00.00.00.00.0
             
Current Assets31 16733 22628 20523 63621 44424 80913.614.110.69.58.89.9
Inventories3 6864 6725 3044 5493 0152 8241.62.02.01.81.21.1
Debtors27 22428 33922 54018 78718 09521 39611.912.08.47.57.48.6
Account receivable from customers and earned , not invoiced operating income27 03328 19722 43018 44617 63020 87211.811.98.47.47.28.3
Receivables from group companies18390342164534940.10.00.00.10.20.2
Other receivables7527612513300.00.00.00.10.00.0
cash and bank deposits2572153611101802050.10.10.10.00.10.1
             
Assets229 440236 257267 262249 927243 369250 167100.0100.0100.0100.0100.0100.0
             
Equity155 502163 377172 201162 341153 945169 14167.869.264.465.063.367.6
Invested equity155 360162 842171 423161 483153 075168 15467.768.964.164.662.967.2
Share capital155 138162 910171 513161 577153 106168 11667.669.064.264.662.967.2
Invested other equity11-68-91-94-31380.00.00.00.00.00.0
Retained earnings2123425205746429870.10.10.20.20.30.4
Reserve for valuation variances     00.00.00.00.00.00.0
Other equity1423425205746429870.10.10.20.20.30.4
Uncovered losses0000000.00.00.00.00.00.0
             
Long term liabilities60 48254 92880 14977 68474 98371 31726.423.230.031.130.828.5
Provisions58 37352 75077 69674 97967 56667 67325.422.329.130.027.827.1
Liabilities to group companies2723363324150.00.00.00.00.00.0
Financial liabilities     00.00.00.00.00.00.0
Other long term liabilities2 0812 1562 4172 6717 3923 6290.90.90.91.13.01.5
             
Current liabilities13 45617 95314 9129 90214 4429 7105.97.65.64.05.93.9
Financial institutions     0     0.0
Trade creditors3 5153 6644 3562 3452 8373 0511.51.61.60.91.21.2
Public duties and tax payable57515882122951.50.00.00.00.10.0
Dividends payable0000000.00.00.00.00.00.0
Liabilities to group companies202389210.00.00.00.20.00.0
Other short term liabilities9 88214 23710 4967 47411 4816 5634.36.03.93.04.72.6
             
Equity and liabilities229 440236 257267 262249 927243 369250 167100.0100.0100.0100.0100.0100.0

Table 9 
Local government owned enterprises. Balance sheet. Selected accounting figures. NOK million and per cent. 2012-2017

Local government owned enterprises. Balance sheet. Selected accounting figures. NOK million and per cent. 2012-2017
 2012201320142015*2016*2017*2012201320142015*2016*2017*
Balance Sheet            
Fixed Assets403 572428 285448 075465 367506 521548 31784.183.183.884.684.584.2
Intangible fixed assets41 69952 83258 88358 60364 91269 2698.710.311.010.710.810.6
Tangible fixed assets191 995202 295205 184212 260239 249253 65040.039.338.438.639.938.9
Buildings and plants128 688133 570133 335141 878161 249156 99526.825.924.925.826.924.1
Plant under construction12 15012 50012 49113 09015 63817 2372.52.42.32.42.62.6
Houses, land and other real property9 51410 94811 67211 14613 11425 0482.02.12.22.02.23.8
Veicles, machinery and equipment etc.19 58923 88524 31720 18225 96028 7224.14.64.53.74.34.4
Other fixed assets22 05321 39223 36825 96423 28825 6484.64.24.44.73.93.9
Financial fixed assets171 111172 391179 973190 218197 645220 03735.633.533.734.633.033.8
Investments in group companies/subsidiaries89 19091 33194 34396 978103 997118 00818.617.717.617.617.418.1
Investments in associated companies14 15915 66420 57019 75221 81522 8502.93.03.83.63.63.5
Loans to group companies, associated companies and joint ventures53 10149 01449 21456 55255 19152 62111.19.59.210.39.28.1
Investments in shares and bonds8 0268 7548 4478 6507 9268 4781.71.71.61.61.31.3
Other receivables6 6357 6287 3988 2868 71618 0801.41.51.41.51.52.8
             
Current Assets76 48286 90886 48484 60392 758103 15815.916.916.215.415.515.8
Inventories3 7343 1003 2463 2203 4972 7240.80.60.60.60.60.4
Debtors45 80548 06049 82345 99152 18058 7619.59.39.38.48.79.0
Account receivable from customers and earned , not invoiced operating income17 46918 70517 87816 03318 98619 9143.63.63.32.93.23.1
Receivables from group companies19 96821 04324 27722 68924 91030 0074.24.14.54.14.24.6
Other receivables8 3698 3127 6687 2718 2848 8401.71.61.41.31.41.4
Investments1 8542 4902 6783 8313 5864 3870.40.50.50.70.60.7
cash and bank deposits25 08833 20830 68629 88931 11335 7195.26.45.75.45.25.5
             
Assets480 054515 193534 558549 971599 279651 475100.0100.0100.0100.0100.0100.0
             
Equity186 514194 572206 187207 114234 726257 00238.837.838.637.739.239.5
Invested equity108 663114 897124 794124 987136 011151 47222.622.323.322.722.723.3
Share capital49 07750 59150 96447 08249 11350 53810.29.89.58.68.27.8
Share premium reserve48 81750 30360 56965 16274 27387 62610.19.811.311.812.413.5
Invested other equity10 76914 00213 26212 74212 62513 3092.22.72.52.32.12.0
Retained earnings73 44974 63276 36076 72692 806100 74715.314.514.314.015.515.5
Reserve for valuation variances7877962 1231 7151 3381 2560.20.20.40.30.20.2
Other equity75 49877 24777 92678 25794 620103 34015.715.014.614.215.815.9
Uncovered losses-2 837-3 412-3 689-3 246-3 151-3 849-0.6-0.7-0.7-0.6-0.5-0.6
             
Long term liabilities215 117239 318244 500258 710269 200297 03744.746.545.747.044.945.6
Provisions14 70815 45616 33418 99019 56421 3653.13.03.13.53.33.3
Bonds41 55950 21761 07159 26459 91570 9738.69.711.410.810.010.9
Financial institutions67 03481 55080 80789 97796 10297 89513.915.815.116.416.015.0
Liabilities to group companies45 39546 49943 05953 95255 53666 5719.49.08.19.89.310.2
Financial liabilities10 2049 7119 7758 8427 2477 1542.11.91.81.61.21.1
Other long term liabilities37 18635 88633 40127 40330 30332 8237.77.06.25.05.15.0
             
Current liabilities78 42181 28383 87284 09195 35397 40916.315.815.715.315.915.0
Financial institutions8 9557 9298 01610 31612 09211 8841.91.51.51.92.01.8
Trade creditors9 60110 3329 90310 86817 25211 9152.02.01.92.02.91.8
Public duties and tax payable10 34410 6959 7139 04611 30312 4532.22.11.81.61.91.9
Dividends payable6 4266 41810 1598 3338 71610 4441.31.21.91.51.51.6
Liabilities to group companies21 18023 49422 40322 49023 73728 3344.44.64.24.14.04.3
Other short term liabilities21 89022 39123 66122 91121 96521 9694.64.34.44.23.73.4
             
Equity and liabilities481 025515 180534 559549 915599 279651 448100.0100.0100.0100.0100.0100.0

Table 10 
Local government owned enterprises. Selected key figures. 2012-2017

Local government owned enterprises. Selected key figures. 2012-2017
 2012201320142015*2016*2017*
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 cent119.4917.7617.5515.3818.4918.42
Operating margin. Per cent216.5012.1618.1716.2823.1930.33
Return on total assets. Per cent37.067.777.816.257.118.35
Return on equity. Per cent48.144.659.087.7010.5017.03
Equity ratio. Per cent538.7737.7738.5737.6639.1739.45
Current ratio.60.981.071.031.010.971.06
Ratio of fixed assets to long term capital.71.000.990.991.001.010.99
Debt-to-equity ratio81.571.651.591.661.551.53

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 Altinn.

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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