Equity
Assets minus liabilities — the part of the company that genuinely belongs to its owners.
Equity is made up of paid-in capital (share capital and share premium) and retained earnings — accumulated profit from previous years plus the current year's result.
Negative equity means liabilities exceed assets. Norwegian company law attaches duties to this: the board must ensure at all times that the company's equity is sound, and act if it is not. It is one of the few things in a public filing with a direct legal consequence.
In a profitable year equity grows by the net profit if nothing is distributed; in a loss-making year it falls.
Equity in figures
Values from published annual reports. 436,697 companies could be ranked — a company that did not report this figure is not in the list.
- 1BRØDRENE KARLSEN HOLDING ASNOK 1,116,651,728,000
- 2HAUGLAND GRUPPEN ASNOK 535,991,729,000
- 3BOS POWER HOLDING ASNOK 498,551,666,000
- 4TELENOR ASANOK 109,129,000,000
- 5EQUINOR ENERGY INTERNATIONAL ASNOK 95,711,121,251
Where this figure comes from
Read from the “Total equity” line of the balance sheet in the annual accounts.
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