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Number of bankruptcies on the rise
statistikk
2016-07-20T10:00:00.000Z
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 foundedBankruptcies, Financial indicators, Banking and financial markets, Establishments, enterprises and accounts
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In the 2nd quarter of 2016, 1 352 bankruptcies were registered. This is an increase of 16 per cent compared with the same period in 2015.

Bankruptcies, Q2 2016

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Number of bankruptcies on the rise

After a continuous decrease in the number of bankruptcies since the beginning of 2015, bankruptcies were up by 16 per cent in the second quarter of this year compared with the same quarter of 2015. The total number of bankruptcies was 1 352.

BankruptciesPublished 20 July 2016
June 2016Change in per cent2nd quarter 2016Change in per cent
June 2015 - June 20162nd quarter 2015 - 2nd quarter 2016
Total number of bankruptcies48122.71 35216.1
Bankruptices related to enterprises33811.295610.4
Personal bankruptcies, incl. sole proprietorships14362.539632.4
 
Bankruptcies in construction14259.641931.8
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles10112.2259-5.5

Source: Statistics Norway

Figure 1. Bankruptcies, by type of bankruptcy and quarter

The largest increase in percentage terms was in the counties of Hordaland, Hedmark and Aust-Agder, with 80, 55 and 50 per cent more bankruptcies respectively. Hordaland is also the county with the largest rise in absolute figures, with a total of 81 more bankruptcies.

In six counties, the number of bankruptcies went down, most in Sogn og Fjordane with 39 per cent.

Seven out of ten bankruptcies, a total of 956, related to enterprises (except sole proprietorships). Twenty-five per cent of these enterprises were in construction, and 24 per cent were in wholesale and retail trade. The remaining 396 bankruptcies related to sole proprietorships and personal bankruptcies. Forty-four per cent of these were in construction.

During the first six months of this year, 2 515 bankruptcies were registered. This is an increase of 2 per cent compared with the same period in 2015.