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statistikk
2017-10-20T08:00:00.000Z
Establishments, enterprises and accounts;Banking and financial markets
en
konkurs, Bankruptcies, bankruptcies by industry, sales value, enterprise bankruptcies, personal bankruptcies, compulsory sales, organisational structure, year foundedFinancial indicators, Bankruptcies, Establishments, enterprises and accounts, Banking and financial markets
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Bankruptcies

Updated

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Key figures

953

bankruptcies in Q3 2017

Bankruptcies
4th quarter 20161st quarter 20172nd quarter 20173rd quarter 2017
Total number of bankruptcies1 0311 2541 124953
Bankruptices related to enterprises785935877733
Personal bankruptcies, incl. sole proprietorships246319247220
 
Bankruptcies in construction276370333252
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles228247247184

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Table 1 
Bankruptcies, by county and quarter

Bankruptcies, by county and quarter
20162017
Total1st quarter 20162nd quarter 20163rd quarter 20164th quarter 2016Total1st quarter 20172nd quarter 20173rd quarter 2017
Total4 5441 1631 3529981 0313 3311 2541 124953
 
Østfold24863615965195766356
Akershus48611715899112337132103102
Oslo820181264172203549184205160
Hedmark12735452621107314531
Oppland1213635252581352422
Buskerud25081754549184706747
Vestfold19956555038164655841
Telemark13740392335105393729
Aust-Agder993427191961222613
Vest-Agder18251463847137604433
Rogaland38889126898431011110891
Hordaland605159182155109387155117115
Sogn og Fjordane42138111037101215
Møre og Romsdal19349523656129544233
Sør-Trøndelag22358565455200796853
Nord-Trøndelag782223181577342023
Nordland17643483649131493646
Troms - Romsa1182736312491342829
Finnmark - Finnmárku50916121346131914
Svalbard100011010
Unknown100012110

Table 2 
Bankruptcies, by industrial activity

Bankruptcies, by industrial activity
3rd quarter 20163rd quarter 2017
Bankruptcies related to enterprises, excl. sole proprietorshipsBankruptcies related to sole proprietorships, incl. personal bankruptciesBankruptcies related to enterprises, excl. sole proprietorshipsBankruptcies related to sole proprietorships, incl. personal bankruptcies
Total713285733220
 
Agriculture, forestry and fishing56610
Mining and quarrying0030
Manufacturing406397
Electricity, gas, steam and air conditioning supply2000
Water supply2020
Construction18010317379
Wholesale and retail trade1671817113
Transportation and storage28434224
Accommodation and food service activities897809
Information and communication248134
Financial and insurance activities9160
Real estate activities362411
Professional, scientific and technical activities47175118
Administrative and support service activities34295025
Public administration and defence0000
Education78123
Human health and social work activities6764
Arts, entertainment and recreation147129
Other service activities208238
Activities of household as employers0100
Activities of extraterritorial organisations and bodies0000
Unknown industry31436

Table 3 
Bankruptcies, turnover and persons employed, by industrial activity

Bankruptcies, turnover and persons employed, by industrial activity
3rd quarter 20163rd quarter 2017
BankruptciesTurnover in NOK 1 000Persons employedBankruptciesTurnover in NOK 1 000Persons employed
Total9983 453 2912 7849534 521 1793 811
 
Bankruptcies related to enterprises except sole proprietorships7133 283 8542 5347334 324 0633 579
 
Agriculture, forestry and fishing531 1764614 06514
Mining and quarrying0:03:16
Manufacturing40750 23850739493 800305
Electricity, gas, steam and air conditioning supply2:24000
Water supply2:12:569
Construction180870 866649173646 583559
Wholesale and retail trade167723 3303751711 511 061682
Transportation and storage28200 0101154273 435102
Accommodation and food service activities89245 56238480226 520369
Information and communication2440 04936139 2138
Financial and insurance activities9038627011
Real estate activities3657 44284161 30710
Professional, scientific and technical activities47159 11316151227 278119
Administrative and support service activities34132 04211150408 094687
Public administration and defence000000
Education7022128441
Human health and social work activities60256019
Arts, entertainment and recreation1411 963151222 25638
Other service activities2018 295592324 44930
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry3:..3:..
 
Sole proprietorships incl. personal bankruptcies285169 437250220197 116232
 
Agriculture, forestry and fishing612 37871010 7357
Mining and quarrying000000
Manufacturing61 728471 1712
Electricity, gas, steam and air conditioning supply000000
Water supply0:0000
Construction10356 577937955 34459
Wholesale and retail trade1831 841131332 38419
Transportation and storage4330 781422439 65545
Accommodation and food service activities76 0427925 67933
Information and communication82 617941 4562
Financial and insurance activities1..1000
Real estate activities2:21:1
Professional, scientific and technical activities175 68411188 75711
Administrative and support service activities2912 363292517 30436
Public administration and defence000000
Education8:73:2
Human health and social work activities7:13403
Arts, entertainment and recreation71 076592 4006
Other service activities82 861581 6996
Activities of household as employers1..1000
Activities of extraterritorial organisations and bodies000000
Unknown industry1445316530

Table 4 
Bankruptcies in private limited companies and public limited companies, by county and share capital (in NOK)

Bankruptcies in private limited companies and public limited companies, by county and share capital (in NOK)
3rd quarter 20163rd quarter 2017
TotalLess than 51 00051 000-100 000101 000-250 000251 000-500 000More than 500 000TotalLess than 51 00051 000-100 000101 000-250 000251 000-500 000More than 500 000
Total670352154633379711374143623795
 
Østfold40191042544337112
Akershus623813515694019415
Oslo1157720837126732513312
Hedmark2112410421124203
Oppland15571021785211
Buskerud25157111391774110
Vestfold3419831328164305
Telemark146340118123111
Aust-Agder11242121043003
Vest-Agder241441322185323
Rogaland5014844136131122313
Hordaland111212686138946197413
Sogn og Fjordane95861011342124
Møre og Romsdal2811152424122433
Sør-Trøndelag376864441186818
Nord-Trøndelag1815431322112252
Nordland287524539169374
Troms - Romsa211252031887021
Finnmark - Finnmárku71112011152202
Svalbard000000000000

Table 5 
Bankruptcies, by county and legal form

Bankruptcies, by county and legal form
3rd quarter 20163rd quarter 2017
TotalSole proprietorships incl. personal bankruptciesGeneral partnershipPrivate limited companyPublic limited companyCompany with limited liabilityNorwegian division of foreign enterpriseOther legal formUnknownTotalSole proprietorships incl. personal bankruptciesGeneral partnershipPrivate limited companyPublic limited companyCompany with limited liabilityNorwegian division of foreign enterpriseOther legal formUnknown
Total998285167000251709532201710111740
 
Østfold591704000110561204400000
Akershus9935062002001022906810310
Oslo1725201150032016033012600100
Hedmark26402100010311002100000
Oppland25100150000022401700100
Buskerud45200250000047803900000
Vestfold501303400120411302800000
Telemark23801400010291001800100
Aust-Agder1980110000013301000000
Vest-Agder381112400110331102100100
Rogaland893205000430912806100200
Hordaland155330111007401152308900210
Sogn og Fjordane112090000015201300000
Møre og Romsdal3680280000033702400110
Sør-Trøndelag541503700200531104100010
Nord-Trøndelag1800180000023102200000
Nordland3660280020046413900200
Troms - Romsa3180210002029901800200
Finnmark - Finnmárku123070020014201100100
Svalbard000000000000000000
Unknown000000000000000000

Table 6 
Bankruptcies. Owners of personal owned enterprises by gender, age groups, national background, level of education and economic activity

Bankruptcies. Owners of personal owned enterprises by gender, age groups, national background, level of education and economic activity
2016
Proprietors of sole proprietorships incl. personal bankcruptciesPartners in General Partnerships and General Partnerships with Shared Liability
TotalMalesFemalesTotalMalesFemales
Age groups
Total1 2361 108128392613
16-24 years23176000
25-44 years6705947620119
45-66 years5184754314113
67 years or older25223541
 
National background
Total1 2361 108128392613
Norway6966346225169
EU/EAA (except Norway), USA, Canada, Australia, New Zealand365322431091
Asia, Africa, Latin America, Oceania (except Australia and New Zealand), Europe without EU/EAA17515223413
 
Level of education
Total1 2361 108128392613
Lower secondary education369331381064
Upper secondary education41737740972
Tertiary education, short10594111174
Tertiary education, long27252312
Other31828137651
 
Industrial activity
Total1 2361 108128392613
Agriculture, forestry and fishing29281000
Mining and quarrying220000
Manufacturing27243000
Electricity, gas, steam and air conditioning supply000000
Water supply, sewerage, waste management and remediation activities440000
Construction50649214000
Wholesale and retail trade: repair of motor vehicles and motorcycles877710000
Transportation and storage16615313000
Accomodation and food service activities433013000
Information and communication37370000
Financial and insurance activities110000
Real estate activities761000
Professional, scientific and technical activities74668000
Adminitrative and support service activities1048024000
Public administration and defence, compulsory social security000000
Education18162000
Human health and social work activities15114000
Arts, entertainment and recreation29254000
Other service activities31724000
Activities of households as employers, undifferentiated goods- and service producing activities of households for own account110000
Activities of extraterritorial organisations and bodies000000
Missing55487392613

Table 7 
Bankruptcies. Owners in public limited companies and private limited companies by gender, age groups, national background, level of education and economic activity

Bankruptcies. Owners in public limited companies and private limited companies by gender, age groups, national background, level of education and economic activity
2016
TotalMalesFemales
Age
Total4 8303 7521 078
Less than 16 years15105
16-24 years1047826
25-44 years1 8451 394451
45-66 years2 2491 771478
67 years or older617499118
 
National background
Total4 8303 7521 078
Norway3 9513 091860
EU/EAA (except Norway), USA, Canada, Australia, New Zealand492375117
Asia, Africa, Latin America, Oceania (except Australia and New Zealand), Europe without EU/EAA387286101
 
Level of education
Total4 8303 7521 078
Lower secondary education836632204
Upper secondary education2 0771 646431
Tertiary education, short1 083794289
Tertiary education, long52543590
Other30924564
 
Industrial activity
Total4 8303 7521 078
Agriculture, forestry and fishing20155
Mining and quarrying220
Manufacturing32125863
Electricity, gas, steam and air conditioning supply22193
Water supply, sewerage, waste management and remediation activities220
Construction75466589
Wholesale and retail trade: repair of motor vehicles and motorcycles946603343
Transportation and storage1 2651 088177
Accomodation and food service activities399260139
Information and communication24719750
Financial and insurance activities28235
Real estate activities16513629
Professional, scientific and technical activities24319053
Adminitrative and support service activities20517233
Public administration and defence, compulsory social security000
Education27189
Human health and social work activities271413
Arts, entertainment and recreation644321
Other service activities833845
Activities of households as employers, undifferentiated goods- and service producing activities of households for own account000
Activities of extraterritorial organisations and bodies000
Missing1091

About the statistics

The statistics give an overview of bankruptcies in Norway and are based on data from the Bankruptcy Register

Definitions

Definitions of the main concepts and variables

Bankruptcies
All juridical objects, which includes all types of firms/enterprises and individuals who have unpaid accounts and are by definition insolvent, can be declared bankrupt. Insolvency is defined as: "When one cannot fulfil its obligations after they have matured." An exception from this is when the insolvency is incidental.

Standard classifications

Standard for Industrial Classification (SIC2007)

Classification of Organization form

Administrative information

Name and topic

Name: Bankruptcies
Topic: Establishments, enterprises and accounts

Next release

Responsible division

Division for Accounting Statistics

Regional level

National, county and municipality level

Frequency and timeliness

Monthly and quarterly

The monthly bankruptcy statistics is based on information from the Register of Bankruptcies in Brønnøysund, which Statistics Norway receives once a month. The data contains data on bankruptcies from the 15th of the previous month to the 15th of the current month. The data is revised so that the file contains data for the whole previous month. Monthly numbers of bankruptcies, forced sales and registration execution proceedings are published in table 07218 in StatBank. Other monthly numbers are published in table 09695 og 08551 in StatBank.

Quarterly bankruptcy statistics is based on monthly data, which Statistics Norway receives from the Register of Bankruptcies in Brønnøysund. It is published at the end of the following month after each quarter.

International reporting

Data is part of a delivery til OECD and a voluntary data collection to Eurostat.

Microdata

Micro data and information on population are temporarily stored in the program language SAS and over the long term as text files. A main file is updated with new data each month. StatBank is updated each quarter.

Background

Background and purpose

The purpose of the statistics is to give a survey on bankruptcies in Norway. Furthermore, it provides a categorisation by county, industry, ownership, as well as number of employees, turnover and amount of share capital.

Data on bankruptcies is available from 1920, and for some industries from 1929. Data from 1981 is available in a database.

From 1995 onwards, it has been possible to identify personal bankruptcies. From the same year, categorisation by industries was based on a new industry standard, called SN94. The Central Register of Establishments and Enterprises is used to categorise the statistics by industries.

Categorisation by industry for personal bankruptcies is mainly based on information from the probate registry. From 1995 to 2001, personal bankruptcies were given a 2-digit industry code by the probate registry. From 2001 onwards, Statistics Norway has determined the 2-digit industry code based on profession descriptions from the Register of Bankruptcies.

The data from the Register of Bankruptcies in Brønnøysund is supplemented with information from the Business Register, the Central Coordinating Register for Legal Entities and the Value Added Tax Registration List (the VAT Register).

Users and applications

Users of the statistics are among others financial institutions and the media.

Equal treatment of users

Principles for equal treatment of users in releasing statistics and analyses

No external users have access to the statistics and analyses before they are published and accessible simultaneously for all users on www.ssb.no at 8 am. Prior to this, a minimum of three months' advance notice is given in the Statistics Release Calendar.

Coherence with other statistics

The main variables for bankruptcies are: code for municipality and industry, legal forms, number of employees, turnover and amount of share capital. The statistics is linked to the Business Register, the Central Coordinating Register for Legal Entities and the VAT Register. This includes both personal bankrupties (including sole proprietorships) and bankruptcies related to enterprises (exclusive sole proprietorships).

Legal authority

Statistics Act Section 3-2

EEA reference

Not relevant

Production

Population

The statistics includes all bankruptcies in Norway. Information on bankruptcy proceedings is mainly based on information that probate registries and administrators in bankruptcies report to the Register of Bankruptcies. Personal bankruptcies contain bankruptcy proceedings for sole proprietorships and employees. If the debtor is not registered in the Enterprise Register in Brønnøysund, or is a sole proprietorship, the debtor will be classified as en employee. Bankruptcies related to enterprises (exclusive sole proprietorships) are obliged to be registered in the Enterprise register in Brønnøysund.

Data sources and sampling

The data is based on information from the Register of Bankruptcies.

Collection of data, editing and estimations

The Register of Bankruptcies transfers a file with bankruptcies to Statistics Norway on the 17th of each month.

Statistics Norway assumes that information on bankruptcies from the Register of Bankruptcies is correct.

Seasonal adjustment

Not relevant

Confidentiality

If the number of bankruptcies is 3 or less, figures on turnover are not published.

Comparability over time and space

Serial data on bankruptcies is available from 1920, and for some industries from 1929. Data on bankruptcies from 1981 exists in a database. In StatBank, bankruptcy statistics from the 1st quarter of 1999 is presented, as well as total yearly numbers on bankruptcies from 1980.

Accuracy and reliability

Sources of error and uncertainty

Statistics Norway assumes that information on bankruptcies transferred by the Register of Bankruptcies is correct.

Revision

Not relevant

Contact