Statistical presentation

Data description

The statistics illustrates the ownership country in terms of land for the ultimate owners. Statistical data contain country of the ultimate owner and selected variables retrieved from the General enterprise statistics such as turnover, number of employees and number of enterprises. The main distribution variable is foreign ownership, the owner country, kind of activity and geography.

The statistics are published in NYT from Statistics Denmark (only in Danish) and Statbank Denmark.

When preparing the basis for the statistics, detailed information is calculated for all enterprises included. The statistical basis therefore allows for a number of alternative distributions beyond the published tables.

Classification system

The industry coding follows the Danish industrial classifications, Dansk Branchekode 2007 (DB07), which is the national version of NACE rev. 2. A complete overview can be found at the DB07 site.

The number of foreign owned enterprises, their turnover and number of employees, is grouped according to whether the enterprises are owned from EU-27 outside Denmark, EU-28 outside Denmark, The Netherlands, Germany, United Kingdom, Norway, Sweden and the USA.

Sector coverage

Includes all sectors.

Statistical concepts and definitions

Foreign-owned enterprise: Active enterprise located in Denmark, which ultimately is owned by a foreign enterprise, regardless of the number of existing intermediate enterprise relations.

Number of employees: Persons on the payroll in full-time equivalent units.

Enterprise: Usually corresponding to the legal unit, e.g. limited-liability corporations, sole traders, partnerships, etc. In a few cases several legal units which are run as one entity are gathered into one enterprise.

Turnover: Turnover represents the net sales. Included are capitalised work performed by the firm for own purposes and all charges (transport, packaging, etc.) passed on to the customer. Excluded are reduction in prices, rebates, discounts, VAT and excise duties. Income classified as other operating income, financial income and extraordinary income in company accounts is also excluded from turnover.

The ultimate owner: The statistics are defining a company's ownership attached to the ultimate owner who has control over the company, ie, have the ability to determine a company's consult the general policy, if necessary by select a board. As a rule interpreted the controlling unit as the ultimate owner, directly or indirectly, more than 50 per cent. of equity or shareholders' voting rights. The ultimate owner must be understood in relation to the direct owner, since a company can immediately be owned (directly) from a country, even if it ultimately (ultimately) is the owner of another country.

Statistical unit

The unit in the statistics is enterprise. Usually corresponding to the legal unit, e.g. limited-liability corporations, sole traders, partnerships, etc. In a few cases several legal units which are run as one entity are gathered into one enterprise.

Statistical population

Danish and foreign-owned enterprises in Denmark.

Reference area

Denmark.

Time coverage

The statistics cover the period from 2019 onwards.

Base period

Not relevant for these statistics.

Unit of measure

The unit of measure is number, millions kr., thousand millions and percent depending on variable where it is published.

Reference period

The statistics for a given year t, relate to annual accounts ending in the period from 1 May of year t to 30 April of year t+1.

Frequency of dissemination

Annual statistics.

Legal acts and other agreements

The statistics fall under Council Regulation (EF) no. 2019/2152 of 27. November 2019 on European Business Statistics on the structure and activity of foreign affiliates.

Cost and burden

The statistics are based on administrative sources. There is no direct response burden, in connection with the calculation of this statistic.

Comment

Other information can be found on the statistics page or available from Statistics Denmark.