Preliminary accounting statistics show a decline in profitability for non-financial limited companies. The operating profit was NOK 6 on every NOK 100, which was down from NOK 10 in 2014.
The operating profit margin fell from 9.6 per cent in 2014 to 6.3 per cent in 2015. The return on total assets went down from 5.4 per cent to 4.4 per cent in the same period. However, return on equity rose from 4.2 per cent to 4.7 per cent.
- All figures for Accounting statistics for non-financial limited companies
Stable profitability on mainland Norway
Profitability for companies on the mainland did not change appreciably, with the operating profit margin decreasing from 6.8 per cent in 2014 to 6.6 per cent in 2015. By comparison, the operating profit margin was 7.4 per cent in 2010 and 4.9 per cent in 2000.
Substantial decline for petroleum activities
Profitability for companies in petroleum activities decreased significantly, from 20.1 per cent in 2014 to 4.8 per cent in 2015. The fall in income for companies in petroleum activities was the largest contributor to the decline in profitability for non-financial limited companies in 2015.