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Strong growth in capital to Norwegian foundations
statistikk
2014-11-18T10:00:00.000Z
Establishments, enterprises and accounts
en
regnifs, Accounting statistics for non-financial foundationsAccounts , Establishments, enterprises and accounts
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Accounting statistics for non-financial foundations provide an overview of the foundations’ income, expenses, assets, equity and liabilities.

Accounting statistics for non-financial foundations2013

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Strong growth in capital to Norwegian foundations

Total capital to non-financial foundations was NOK 143 billion in 2013. This is an increase of more than NOK 37 billion or almost 35 per cent compared to the previous year.

Accounting figures for non-financial foundations
All foundationsNon-profit foundations
NOK millionPer centNOK millionPer cent
201220132012 - 2013201220132012 - 2013
Figures for 2012 and 2013 are revised. Updated figures can be found in the StatBank source table.
Income statement
Operating income35 88543 24520.528 18830 0636.7
Operating profit2 7584 05447.01 0751 065-0.9
Net profit4 4658 23784.51 1991 168-2.6
Balance sheet
Fixed assets58 45489 12852.519 60218 766-4.3
Current assets47 35953 39012.716 00917 5449.6
Equity74 984110 48047.319 22720 5456.9
Liabilities30 33931 7564.716 05915 644-2.6
Per centPercentage pointsPer centPercentage points
Key figures
Equity ratio70.977.56.654.056.62.6
Current ratio5.065.260.202.422.630.21
 
Number of enterprises7 5057 385-1202 8802 662-218

Total capital to the foundations went up from just under NOK 106 billion in 2012 to just over NOK 143 billion in 2013. About 78 per cent of the total capital invested was financed by equity in 2013 compared to 71 per cent in 2012.

Around one in three or 2 662 foundations were non-profit in the fiscal year 2013. Total capital to the non-profit foundations was slightly more than NOK 36 billion in 2013, where almost 57 per cent was financed by equity. Total capital in 2012 was slightly less than NOK 36 billion and the share of capital financed by owners was 54 per cent.

Changes in the statistical basisOpen and readClose

A new institutional sector classification was introduced as from fiscal year 2013, with the result that the figures are not entirely comparable with the ones for the previous years.