This document presents a comprehensive dataset containing all unconsolidated annual financial statements of Norwegian private and public limited liability companies. The data is compiled and harmonized from various sources, including the Brønnøysund Register Centre, and transformed into a user-friendly two-dimensional format stored in CSV files for easy access and analysis using popular software and programming languages such as Excel, Python, R, Matlab, and STATA. The dataset covers the accounting years 2006-2021 and includes mandatory financial statements from all types of Norwegian companies. This includes not only private and public limited liability companies but also sole proprietorships and general partnerships. In total, the dataset comprises 4,642,496 financial statements. Each row represents a firm-year combination, providing a comprehensive view of an annual financial statement for a specific accounting period. The document acknowledges support from the Brønnøysund Register Centre and NTNU Business School at the Norwegian University of Science and Technology.
Summary- A big collection of financial information from companies in Norway is put together in a simple way for people to use.
- The data comes from different places, like the Brønnøysund Register Centre.
- It's saved in easy-to-read files that make it simple to find and study.
- This information covers many years and includes important details from all kinds of Norwegian companies.
- In total, there are over 4 million financial statements that show how companies did each year.
Definitions
- Comprehensive: Including everything or almost everything
- Dataset: A collection of data or information
- Unconsolidated: Not combined with other similar things
- Financial statements: Documents showing a company's financial status
- User-friendly: Easy for people to use or understand
Introduction
The financial statements of companies are crucial for understanding their performance and financial health. However, obtaining a comprehensive dataset containing all unconsolidated annual financial statements can be challenging. This is where the research paper "A Comprehensive Dataset of Norwegian Private and Public Limited Liability Companies' Financial Statements" comes in.
Overview of the Dataset
The dataset presented in this research paper contains all unconsolidated annual financial statements of Norwegian private and public limited liability companies. It covers the accounting years 2006-2021 and includes mandatory financial statements from all types of Norwegian companies, including sole proprietorships and general partnerships. In total, the dataset comprises 4,642,496 financial statements.
Data Sources and Compilation Process
The data used in this dataset is compiled from various sources, including the Brønnøysund Register Centre (BRC). The BRC is responsible for registering information about Norwegian businesses, such as company registration numbers, addresses, shareholders' names, board members' names, etc. The researchers also collected data from other sources to ensure completeness and accuracy.
After collecting the data from different sources, it was harmonized to create a unified format for easy analysis. The researchers transformed the data into a user-friendly two-dimensional format stored in CSV files that can be easily accessed using popular software and programming languages such as Excel, Python, R, Matlab, and STATA.
Dataset Structure
The dataset follows a firm-year structure where each row represents a firm-year combination. This means that for each company in a specific accounting period (year), there will be one row containing its annual financial statement. This structure provides a comprehensive view of an annual financial statement for a specific accounting period.
Benefits of Using this Dataset
This comprehensive dataset has several benefits for researchers studying Norwegian companies or conducting cross-country comparisons:
1) Time-saving: Researchers no longer have to collect individual company's financial statements manually from different sources as they can access all the data in one place.
2) Easy to use: The dataset is stored in a user-friendly two-dimensional format, making it easy to analyze using popular software and programming languages.
3) Comprehensive coverage: The dataset includes financial statements from all types of Norwegian companies, providing a complete picture of the country's business landscape.
4) Longitudinal analysis: With data spanning over 15 years, researchers can conduct longitudinal analysis and track changes in company performance over time.
Acknowledgements
The research paper acknowledges support from the Brønnøysund Register Centre and NTNU Business School at the Norwegian University of Science and Technology. This collaboration between academia and government agencies has resulted in a valuable resource for researchers studying Norwegian businesses.
Conclusion
In conclusion, "A Comprehensive Dataset of Norwegian Private and Public Limited Liability Companies' Financial Statements" provides a valuable resource for researchers studying Norwegian companies. It covers a wide range of companies over an extended period, making it suitable for various research purposes. With its user-friendly format and comprehensive coverage, this dataset is expected to be widely used by researchers interested in understanding the financial landscape of Norway.
This document details a dataset that contains all unconsolidated annual financial statements of the universe of Norwegian private and public limited liability companies. It also includes all financial statements of other company types reported to the Norwegian authorities.
