The balance sheet amounted to SEK 90 billion, which represented an increase of 11 billion compared to year 2015.

Return on equity increased by 8.5 percentage points in 2016 to 4.1 percent for the council owned enterprises. The equity ratio increased by 1.7 percentage points to 17.0 percent.

Small deterioration of results for municipally owned enterprises

The profit for the municipally-owned enterprises remained stable and dropped marginally by SEK 0.7 billion compared with 2015.The reported profit in 2016 was SEK 14.2 billion.

The balance sheet of municipally-owned enterprises amounted to SEK 1 339 billion in 2016, an increase of SEK 78 billion. On the asset side tangible and financial assets increased. On the debt side long-term and current liabilities increased most.

The return on equity increased from 6.5 percent to 7.2 percent in 2016. The reason was an increase in earnings after financial items since the previous year. The equity ratio dropped from 23.1 percent to 21.9 percent. The reason was that the increase in the balance sheet total was highest on the debt side.

Decreased result for state owned enterprises

The reported annual result was positive also for the state owned enterprises but dropped compared with the previous year. The result was SEK 9.3 billion a decrease of SEK 12.7 billion compared to the year 2015. The reason for the deterioration was primarily a decrease in net financial items and appropriations, which decreased by SEK 27.2 billion compared with the previous year.

The total balance sheet amounted to SEK 1 903 billion an increase of SEK 57 billion compared to the year 2015.

For 2016, state-owned enterprises reported a return on equity of 4.2 percent. This was an increase of 0.5 percentage points compared with the previous year, and is due to an increase in earnings after financial items. The equity ratio deteriorated slightly by 0.2 percentage points and was 24.0 percent in 2016. The reason was that the increase in the balance sheet was highest on the debt side.