Content
About the statistics
Definitions
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Name and topic
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Name: Norwegian subsidiaries abroad
Topic: External economy
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Next release
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Responsible division
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Division for Financial Accounts
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Definitions of the main concepts and variables
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Norwegian subsidiaries abroad
A Norwegian subsidiary abroad is defined as an enterprise that is controlled by an enterprise or other economic unit in Norway through an ownership share of more than 50 per cent.
Enterprise
According to Standard Industrial Classification (SIC2007), an enterprise is defined as the smallest combination of legal entity that produces goods or services. In the/this statistic, a legal entity is an enterprise. Legal entities are limited liability companies, partnerships and sole enterprises. Only economically active enterprises, with turnover and/or employment, are included in the population.
Employment
Employment is defined as the sum of the owners and wage-earners working in the enterprise. Persons with more than one job, may be counted as employed in several industries. Employment numbers show the average number employed during the year.
Turnover
Turnover is defined as the enterprise's operating revenues minus public subsidies and profit from the sale of fixed assets. Taxes and duties are included, but VAT is not.
Ultimate investor country
The ultimate investor country is the country where the "last" economic agent in the chain of control resides.
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Standard classifications
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The industrial classification is in accordance with the Norwegian Standard Industrial Classification (SIC 2007) which is based on the EU industry standard (NACE Rev. 2) and the UN (ISIC Rev. 3).