Slight increase in profitability
The operating profit margin for companies in the information sector increased by 0.4 percentage points to 7.4 per cent in 2006. This is slightly below the average operating profit margin for all non-financial joint stock companies except oil and gas companies, which had an operating profit margin of 8.1 per cent, an increase of 0.5 percentage points from 2005.
The information sector consists of the ICT sector and the content sector. From 2005 to 2006, the operating profit margin in the ICT sector increased by 0.5 percentage points to 7.9 per cent. The industry group telecommunications stood out with an operating profit margin of 14.1 per cent, which was an increase of 1.5 percentage points from 2005. The operating profit margin of the content sector was 5.7 per cent in 2006, unchanged from the previous year. Only small internal differences were registered between the industry groups in the content sector. Seen as a whole there were only small changes for the industry groups in the information sector from 2005 to 2006. In the period 1998 to 2006, the publishing industries stood out with an even and relatively high operating profit margin.
Increasing return on equity in the content sector
In 2006, the return on equity in the information sector was 15.2 per cent. This is the highest return on equity since the measurements started in 1998. The increase was 3.6 percentage points from 2005 to 2006. In the same period, the return on equity in the content sector rose by 9 percentage points to 21.3 per cent. The corresponding increase in the ICT sector was 2.4 percentage points to 13.9 per cent. The average operating profit margin for all non-financial joint stock companies with the exception of oil and gas was 19.1 per cent in 2006, an improvement of 3.1 percentage points from 2005.
In the content sector, the publishing industry had the most marked increase in return on equity. The return on equity was 11.5 per cent in 2005 and 22.7 per cent in 2006. Although the return on equity in the film and video industry decreased from 42.7 to 24.5 per cent in the same period, it was still the highest figure. In the ICT sector, the ICT wholesale industry had the largest increase, from -2.5 per cent in 2005 to 10.7 per cent in 2006. However, telecommunications had the highest return on equity in the ICT sector, with 14.8 per cent.
Accounting figures for the information sector are based on the same data as the general accounting statistics. Accounting statistics cover all enterprises with information obligation which have submitted their annual accounts at the time Statistics Norway collects the data. Due to changes in the industrial classification standard, the delimitation of ICT wholesale was changed as of 2003. This has resulted in a break in the time series for the ICT wholesale industry, ICT sector and the information sector. The calculated key figures are, however, comparable.
- Table 1 Number of joint-stock companies
- Table 2 Operating income in NOK million
- Table 3 Operating expenses in NOK million
- Table 4 Operating profit in NOK million
- Table 5 Operating profit margin in per cent
- Table 6 Operating margin in per cent
- Table 7 Return on total assets in per cent
- Table 8 Return on equity. Per cent
- Table 9 Circulation rate on total assets
- Table 10 Equity ratio in per cent
- Table 11 Current ratio
The statistics is published with Accounting statistics for non-financial limited companies.