Establishments, enterprises and accounts;External economy
regnut, Accounting statistics, non-financial enterprises foreign financing, foreign debt, assets abroad, assets, foreign debt, foreign investments, bank deposits, country breakdownAccounts , Foreign assets and liabilities , Establishments, enterprises and accounts, External economy

Accounting statistics, non-financial enterprises foreign financing


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Key figures

1 340

billion NOK in total liabilities abroad

Assets and liabilities in foreign countries. NOK million. Preliminary figures1
NOK millionPer cent
20172016 - 20172014 - 2017
1Figures from last year are preliminary
Total assets1 724 948-0.61.5
Fixed assets1 256 788-1.110.8
Current assets468 1600.9-17.2
Total liabilities1 340 287-10.1-11.0
Long term liabilities957 055-10.7-3.4
Short-term liabilities383 233-8.6-25.7

See selected tables from this statistics

Table 1 
Assets and liabilities in foreign countries, by category. NOK million

Assets and liabilities in foreign countries, by category. NOK million1
1Figures from last year are preliminary.
Total assets1 699 4341 726 6801 734 6601 724 948
Fixed assets1 133 8511 225 9381 270 4621 256 788
Intangible fixed assets abroad2 705865290282
Tangible fixed assets abroad77 51467 83160 63656 872
Financial fixed assets abroad1 053 6321 157 2431 209 5361 199 635
Investment in subsidiaries, other group companies or associated companies abroad841 297937 149894 958874 372
Loans to group companies194 835209 132300 438296 575
Current assets565 583500 742464 198468 160
Debitors abroad400 503327 437312 867334 711
Investments abroad119 442148 248126 128104 005
Bank deposits abroad45 63725 05725 20429 444
Total liabilities1 506 1801 592 5791 491 3421 340 287
Long term liabilities990 2991 128 7331 071 921957 055
Bond loans abroad315 363416 199408 037336 881
Liabilities to foreign financial institutions114 869131 305144 690123 179
Long-term liabilities to group companies abroad524 304546 742483 239454 113
Short-term liabilities515 881463 846419 420383 233
Short-term liabilities to group companies abroad375 911333 855283 725279 986

Table 2 
Assets and liabilities in foreign countries, by continent. NOK million. Preliminary figures

Assets and liabilities in foreign countries, by continent. NOK million. Preliminary figures
Total assetsFixed assetsCurrent assetsTotal liabilitiesLong-term liabilitiesShort-term liabilities
Total1 724 9481 256 788468 1601 340 287957 055383 233
Europe1 141 055774 527366 528906 428636 111270 316
Of which
Belgium14 2549 7484 506179 682145 99433 688
Sweden202 274155 74046 534107 61857 65049 968
United Kingdom191 12197 83493 287159 430109 89449 536
Germany57 33541 50815 82755 81537 31718 498
Netherlands289 718254 73734 981103 50768 39235 115
Denmark123 39587 91835 47650 43539 99810 436
Russia4 7993 5361 2642 2103851 824
France48 39113 14135 25048 73939 0929 647
Switzerland23 1135 58417 52937 42924 32013 109
Finland27 00614 24012 76631 93122 8049 128
Ireland33 90420 28713 61616 44610 6295 817
Cyprus6 8914 0342 8575 0713 0871 984
Luxembourg25 9614 51921 44263 23852 17611 062
Iceland4 1731 9702 2032 1261321 993
North and Central America301 661247 50254 159320 517270 08250 435
Of which
United States255 037219 55735 480258 216219 25838 958
Bermuda20 71712 3008 41742 57638 8223 754
Canada13 69811 5362 1626 1493 5872 562
Asia120 67893 59127 08789 39549 33040 065
Of which
Singapore67 62358 8738 75114 0115 4888 523
South Korea8 1706 4011 76910 651....
China5 5272 1463 3817 007....
Africa57 08244 30012 78316 10326415 839
Of which
Angola25 30721 0724 2352 893....
Algeria8 992..........
South America91 62188 0443 5771 8281041 724
Of which
Brazil72 44170 4801 9611 109....
Oceania11 9038 6153 2894 5636323 931
Of which
Australia10 0077 6752 3323 204....
Unknown9482107381 454532922

About the statistics

The statistics gives an overview over Norwegian non-financial enterprises’ assets, liabilities, ownership, financial income and financial expenses abroad.


Definitions of the main concepts and variables

The units below are regarded as Norwegian in the statistics:

Legal persons registered as Norwegian, excluding their affiliates abroad. The definition is valid regardless of the owner’s nationality. Hence, foreign-owned companies registered as Norwegian are regarded as Norwegian units.

Affiliates in Norway of foreign registered legal persons. Physical persons permanently residing in Norway, regardless of citizenship. The following units are regarded as foreign in the statistics:

Legal persons registered abroad, including Norwegian-owned companies that are registered abroad.

Norwegian companies’ affiliates abroad.

Physical persons permanently residing abroad, regardless of citizenship.

Fixed assets in foreign countries cover assets that are mainly included in the company’s long-term creation of value and are intended for permanent ownership or use. They also include receivables and securities scheduled for repayment later than one year after the time of the settlement. They include tangible fixed assets, long-term receivables and investments. Investments include securities, shares and loans to other companies within the same group.

Current assets are assets relating to the company’s sales of goods and services (stocks of goods are not included, but assets and liabilities concerning sales of goods are), and assets which are expected to have a functional period of less than one year in production. This includes cash and short-term capital in foreign countries, foreign receivables and inventories.

The data are based on accounting legislation, and the values do not necessarily give a good picture of the real or the market value of the assets.

Liabilities cover all obligations that may limit the company’s future use of its resources. They are divided into short-term and long-term liabilities to foreign countries. Long-term liabilities are legal or financial obligations not meant to be redeemed during the coming accounting period. They are not related to the company’s short-term sales of goods and services. Short-term liabilities are liabilities that fall due for payment within one year from the time of settlement. Liabilities which are directly related to the company’s short-term sales of goods and services also fall in this category.

Companies applying the International Financial Reporting Standards (IFRS) classify proposed dividends as a part of the equity, and not as a short-term liability.

In the statistics, assets and liabilities are grouped into assets and liabilities in companies within own group and assets and liabilities in companies that are not in own group.

Standard classifications

The annual statistics are broken-down by groups of countries.

Groups of countries are based on the ISO standard 3166.

Administrative information

Name and topic

Name: Accounting statistics, non-financial enterprises foreign financing
Topic: Establishments, enterprises and accounts

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Responsible division

Division for Business Dynamics Statistics

Regional level

The annual statistics are divided into countries or groups of countries.

Frequency and timeliness

Annually and quarterly statistics on non-financial companies’ foreign financial income, foreign financial expenses and foreign balance sheet items. The quarterly statistics are published 10 weeks after the quarter’s end, while the annual statistics are published within one year after the fiscal year.

International reporting

The statistics are part of the basis for the Balance of Payment of non-financial companies, and partly the basis for reporting of Foreign Direct Investment to international organizations as IMF, OECD and Eurostat.


Statistical files are stored.


Background and purpose

The purpose of the statistics is to give an overview over Norwegian non-financial companies’ foreign economy (assets, liabilities, ownership, financial income and financial expenses).

Parts of the earlier basis for the Balance of Payments statistics were closed, and this statistics was established to replace parts of the basis. The statistics also gives information on non-financial companies’ foreign assets and liabilities was previously collected as a part of the Financial Census.

Users and applications

The Accounting Statistics, non-financial companies foreign financing, are a part of the Balance of Payment.

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 8 am. Prior to this, a minimum of three months' advance notice is given inthe Statistics Release Calendar.

For more information about the principles for equal treatment of users in releasing statistics and analyses, click here

Coherence with other statistics

Accounting statistics, non-financial companies’ foreign financing, is part of the basis of the Balance of Payment. The statistics is also part of the international reporting of assets and liabilities to foreign countries. The data collection is partly joint with the statistics on import and export of services.

The quarterly statistics cover the sample, and do not give figures for the entire population. The statistics is not directly comparable with the Balance of Payment.

Legal authority

Statistics Act Sections 2-1, 2-2 and 2-3.

EEA reference

Council Regulation (EF) 184/2005.



The statistics are based on a survey of the 600 largest non-financial companies. The size of the company is measured by assets and liabilities in foreign countries, foreign shares and foreign ownership.

The population is based on the Financial Census of 2003 and taxation data.

Data sources and sampling

Data are collected from non-financial companies, and are matched with information from the accounting statistics, stock statistics and the Central Register of Establishments and Enterprises.

The data are collected quarterly from the about 600 largest companies quarterly. The annual statistics cover approximately 3000 companies, where the 600 largest are included.

Collection of data, editing and estimations

The data are collected by electronic questionnaires. The respondents must report within 30 days after the quarter, but have longer time to report the annual data.

The data are checked when reported to Statistics Norway, and for some types of errors, the respondent is contacted to get the errors corrected. The data are also verified by comparing them with data from other sources, like previous reports and accounting data.

Seasonal adjustment

Not relevant


Figures are not published in a way which makes it possible to identify particular units in the statistics.

Comparability over time and space

Revisions in the accounting legislation may cause less comparability over time.

Accuracy and reliability

Sources of error and uncertainty

The reported data are based on the tax questionnaire on accounting. The interpretation of figures concerning Norwegian amounts and amounts toward foreign countries may vary from company to company, and cause missing values. There may also be errors in reporting. One of the most common errors stem from differences between variables as defined by Statistics Norway and as they are in the company’s accounting system or general ledger. The separation of the figures into Norwegian and foreign may also cause errors.

Non-response weakens the quality of the statistics. To minimize non-response, missing data are imputed electronically.

To secure high relevance at low cost, ensuring that the largest companies are in the sample is emphasised. There is no complete register covering all units in the population. Due to this, it might be units in the population not covered by the sample.


Not relevant