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


Next update

Key figures

1 256

NOK billion in total liabilities abroad

Assets and liabilities in foreign countries. NOK million. Preliminary figures1
NOK millionPer cent
20182017 - 20182015 - 2018
1Figures from last year are preliminary
Total assets1 778 0592.33.0
Fixed assets1 281 6641.04.5
Current assets496 3955.9-0.9
Total liabilities1 256 210-7.2-21.1
Long term liabilities854 097-12.1-24.3
Short-term liabilities402 1134.9-13.3

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 726 6801 734 6601 737 6731 778 059
Fixed assets1 225 9381 270 4621 268 8991 281 664
Intangible fixed assets abroad865290282348
Tangible fixed assets abroad67 83160 63656 58949 351
Financial fixed assets abroad1 157 2431 209 5361 212 0291 231 965
Investment in subsidiaries, other group companies or associated companies abroad937 149894 958886 763923 226
Loans to group companies209 132300 438296 405283 783
Current assets500 742464 198468 774496 395
Debitors abroad327 437312 867335 654357 989
Investments abroad148 248126 128104 572104 655
Bank deposits abroad25 05725 20428 54833 751
Total liabilities1 592 5791 491 3421 354 3591 256 210
Long term liabilities1 128 7331 071 921971 142854 097
Bond loans abroad416 199408 037333 513334 927
Liabilities to foreign financial institutions131 305144 690130 337127 786
Long-term liabilities to group companies abroad546 742483 239464 236358 751
Short-term liabilities463 846419 420383 216402 113
Short-term liabilities to group companies abroad333 855283 725270 402270 826

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 778 0591 281 664496 3951 256 210854 097402 113
Europe1 156 006784 291371 715868 830562 123306 707
Of which
Belgium20 29510 7719 525153 893....
Sweden212 343159 72552 618114 37753 31261 065
United Kingdom200 12498 694101 430163 679113 75349 926
Germany62 02740 82421 20248 26230 33317 929
Netherlands243 121223 60119 520120 09769 80650 291
Denmark125 90192 07233 82933 62122 89810 723
Russia4 8943 5011 3931 771....
France46 51813 65432 86341 96826 07815 890
Switzerland20 9096 86914 04030 78518 69312 093
Finland33 57219 14514 42735 35522 37312 982
Ireland45 02927 47417 55522 85015 0647 786
Cyprus8 9666 7432 2234 4643 669794
Luxembourg25 2695 38019 88953 73642 49411 241
Iceland2 4792 1293501 503....
North and Central America318 817248 44870 369283 950241 05242 898
Of which
United States268 870221 13547 735224 339200 24424 095
Bermuda16 87810 6116 26729 62621 8027 824
Canada14 69910 7323 9665 8623 4912 371
Asia127 85595 56132 29476 63649 16327 473
Of which
Singapore64 99453 31111 68314 6037 1897 415
South Korea8 7246 1542 570902....
China11 2207 7723 4487 281....
Africa48 66136 19312 46819 78963719 152
Of which
Angola18 36313 8744 4894 399..4 399
Algeria8 089..........
South America114 841109 2945 5471 6891091 580
Of which
Brazil94 87091 0373 833592....
Oceania10 8147 7743 0403 5045932 912
Of which
Australia7 3875 2882 0992 169....
Unknown1 0641039621 8114201 391

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

Next release

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