Norwegian company filing requirements

In general the filing requirements for Norwegian companies are the same - independent of the size and type of company (there does exist a few exceptions which are not listed here.)

Small to medium enterprises (SME)

To be a small company, at least two of the following conditions must be met:

• Annual turnover must be NOK 60 mill. or less;
• The balance sheet total must be NOK 30 mill. or less;
• The average number of employees must be 50 or fewer.

Large

Large companies include:

• Public companies
• Accountable companies with shares, primary capital certificates or bonds quoted on the stock exchange, an authorized market place or another equivalently regulated foreign market.
• Other accountable companies if regulations are set by the department.

SME and large companies must file:

• the abbreviated profit and loss account;
• the full balance sheet;
• a special auditor's report;
• the directors' report; and
• Notes to the accounts.

All companies not claiming an exemption must file:

• a profit and loss account (or income and expenditure account if the company is not trading for profit);
• a balance sheet signed by a director;
• an auditor's report signed by the auditor (if appropriate);
• a directors' report signed by a director or the secretary of the company;
• notes to the accounts; and
• Group accounts (if appropriate).