367589
/en/virksomheter-foretak-og-regnskap/statistikker/konkurs/kvartal
367589
statistikk
2019-02-05T08:00:00.000Z
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, Banking and financial markets, Establishments, enterprises and accounts
true

Bankruptcies

Updated

Next update

Key figures

1 272

bankruptcies in Q4 2018

Bankruptcies
1st quarter 20182nd quarter 20183rd quarter 20184th quarter 2018
Total number of bankruptcies1 3011 3611 0761 272
Bankruptices related to enterprises1 0201 076818971
Personal bankruptcies, incl. sole proprietorships281285258301
 
Bankruptcies in construction382370287344
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles289290224269

See selected tables from this statistics

Table 1 
Bankruptcies, by industrial activity

Bankruptcies, by industrial activity
4th quarter 20174th quarter 2018
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
Total910316971301
 
Agriculture, forestry and fishing515611
Mining and quarrying3030
Manufacturing38113611
Electricity, gas, steam and air conditioning supply1000
Water supply2110
Construction213123228116
Wholesale and retail trade2272425118
Transportation and storage46464847
Accommodation and food service activities102913113
Information and communication299268
Financial and insurance activities3050
Real estate activities370442
Professional, scientific and technical activities91226520
Administrative and support service activities58246019
Public administration and defence0000
Education52103
Human health and social work activities104122
Arts, entertainment and recreation108118
Other service activities2692612
Activities of household as employers0000
Activities of extraterritorial organisations and bodies0000
Unknown industry49811

Table 2 
Bankruptcies, turnover and persons employed, by industrial activity

Bankruptcies, turnover and persons employed, by industrial activity
4th quarter 20174th quarter 2018
BankruptciesTurnover in NOK 1 000Persons employedBankruptciesTurnover in NOK 1 000Persons employed
Total1 2264 167 4372 9631 2724 632 2893 804
 
Bankruptcies related to enterprises except sole proprietorships9103 135 0722 7299714 458 2593 516
 
Agriculture, forestry and fishing54 9831617 88316
Mining and quarrying3:53:22
Manufacturing38285 46222836219 177320
Electricity, gas, steam and air conditioning supply1:..000
Water supply2:41:1
Construction2131 099 9276872281 806 0231 041
Wholesale and retail trade227750 1865342511 228 333964
Transportation and storage46161 31414548307 912197
Accommodation and food service activities102220 447492131280 892469
Information and communication2932 798342640 00840
Financial and insurance activities3..35035
Real estate activities3758 5981944..39
Professional, scientific and technical activities91344 02526365109 20170
Administrative and support service activities58139 28422360104 480135
Public administration and defence000000
Education501410..23
Human health and social work activities102202812..61
Arts, entertainment and recreation1011 321121184 20157
Other service activities2620 618372617 40026
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry4:08:..
 
Sole proprietorships incl. personal bankruptcies3161 032 365234301174 030288
 
Agriculture, forestry and fishing1525 27617117 46016
Mining and quarrying000000
Manufacturing1110 366131121 48555
Electricity, gas, steam and air conditioning supply000000
Water supply1:..000
Construction12348 9487711661 69095
Wholesale and retail trade24885 71523189 2545
Transportation and storage4627 368434733 43236
Accommodation and food service activities99 375131317 15227
Information and communication91 323187203
Financial and insurance activities000000
Real estate activities0:02:2
Professional, scientific and technical activities2210 58014204 6999
Administrative and support service activities247 765161910 34417
Public administration and defence000000
Education2:13:2
Human health and social work activities4:22..1
Arts, entertainment and recreation81 764689356
Other service activities93 3647125 44713
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry91391111171

Table 3 
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)
4th quarter 20174th quarter 2018
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
Total868522144594994936572139736191
 
Østfold3627610263449343
Akershus103631586111258426555
Oslo153108208413149104215613
Hedmark2114220330181443
Oppland1510401021132123
Buskerud3923810753379304
Vestfold27223011422210514
Telemark2819521136228231
Aust-Agder94012215100005
Vest-Agder3620713528195004
Rogaland7544104710845310984
Hordaland99641763910663118816
Sogn og Fjordane12521131261212
Møre og Romsdal542310966431369510
Trøndelag00000049258682
Sør-Trøndelag (-2017)6232124410000000
Nord-Trøndelag (-2017)20124022000000
Nordland41171073445245457
Troms - Romsa2610445323105512
Finnmark - Finnmárku12550021252203
Svalbard000000000000

Table 4 
Bankruptcies, by county and legal form

Bankruptcies, by county and legal form
4th quarter 20174th quarter 2018
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
Total1 19531218411031901 2723011936002770
 
Østfold541603600200851906300120
Akershus1615401030022017953012500100
Oslo2145301521080018934014900420
Hedmark3290210011039603000210
Oppland29120150011027602100000
Buskerud501003900100721805300100
Vestfold532402700200621904200010
Telemark471802800100541513600200
Aust-Agder112090000021401500200
Vest-Agder4680360011037802800100
Rogaland11233175001201061708400500
Hordaland134320990030016956010600610
Sogn og Fjordane1420120000014201200000
Møre og Romsdal6270540001052904300000
Trøndelag31402600010681804900100
Sør-Trøndelag (-2017)551104100300000000000
Nord-Trøndelag (-2017)19301500100000000000
Nordland5390410030053704500100
Troms - Romsa3260260000025202300000
Finnmark - Finnmárku1730120011019701200000
Svalbard000000000000000000
Unknown000000000110000000

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 Business Dynamics 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