376873
/en/virksomheter-foretak-og-regnskap/statistikker/konkurs/kvartal
376873
statistikk
2019-05-06T08:00:00.000Z
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

Next update

Key figures

1 333

bankruptcies in Q1 2019

Bankruptcies
2nd quarter 20183rd quarter 20184th quarter 20181st quarter 2019
Total number of bankruptcies1 3611 0761 2721 333
Bankruptices related to enterprises1 0768189711 049
Personal bankruptcies, incl. sole proprietorships285258301284
 
Bankruptcies in construction370287344374
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles290224269304

See selected tables from this statistics

Table 1 
Bankruptcies, by industrial activity

Bankruptcies, by industrial activity
1st quarter 20181st quarter 2019
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
Total1 0202811 049284
 
Agriculture, forestry and fishing9733
Mining and quarrying2120
Manufacturing5055211
Electricity, gas, steam and air conditioning supply0000
Water supply2020
Construction257125263111
Wholesale and retail trade2632628123
Transportation and storage33365335
Accommodation and food service activities12071319
Information and communication4123111
Financial and insurance activities5080
Real estate activities350511
Professional, scientific and technical activities68186413
Administrative and support service activities77215033
Public administration and defence0000
Education44123
Human health and social work activities84196
Arts, entertainment and recreation16476
Other service activities24121312
Activities of household as employers0000
Activities of extraterritorial organisations and bodies0000
Unknown industry6977

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

Bankruptcies, turnover and persons employed, by industrial activity
1st quarter 20181st quarter 2019
BankruptciesTurnover in NOK 1 000Persons employedBankruptciesTurnover in NOK 1 000Persons employed
Total1 3014 582 5313 8271 3336 092 7354 355
 
Bankruptcies related to enterprises except sole proprietorships1 0204 420 7433 5641 0495 957 1304 136
 
Agriculture, forestry and fishing914 669203..49
Mining and quarrying2:02:5
Manufacturing50386 02728152434 878244
Electricity, gas, steam and air conditioning supply0:0000
Water supply2:02:80
Construction2571 852 2481 1112631 294 705824
Wholesale and retail trade2631 173 0817572812 553 0651 585
Transportation and storage3392 0747653295 310106
Accommodation and food service activities120311 086573131429 366720
Information and communication41..633141 49747
Financial and insurance activities56668016
Real estate activities3562 6991951..54
Professional, scientific and technical activities68163 16218164459 402126
Administrative and support service activities77234 22933150167 450191
Public administration and defence000000
Education402512..2
Human health and social work activities8860501926039
Arts, entertainment and recreation1618 1502176 36026
Other service activities2434 619491312 56721
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry6:17:1
 
Sole proprietorships incl. personal bankruptcies281161 788263284135 605219
 
Agriculture, forestry and fishing711 193153..4
Mining and quarrying1....000
Manufacturing51 2634115 6847
Electricity, gas, steam and air conditioning supply000000
Water supply0:0000
Construction12562 4258911151 60376
Wholesale and retail trade269 572162311 56714
Transportation and storage3634 135513522 46127
Accommodation and food service activities714 78924913 54122
Information and communication2....112 4766
Financial and insurance activities000000
Real estate activities0:01:..
Professional, scientific and technical activities183 59781310 19710
Administrative and support service activities219 514183313 37827
Public administration and defence000000
Education4:63:2
Human health and social work activities4:36011
Arts, entertainment and recreation4585361056
Other service activities1212 64923124 0615
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry91 74137962

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)
1st quarter 20181st quarter 2019
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
Total98557716588451101 0115891897450109
 
Østfold37214921674212337
Akershus1126916851411172252210
Oslo147100228215162100318617
Hedmark2512741139237054
Oppland3018511526154313
Buskerud61416716543210525
Vestfold4327931342238434
Telemark4024631627173034
Aust-Agder2015102222143401
Vest-Agder43221161329157133
Rogaland753616561295531510413
Hordaland121692476151147721736
Sogn og Fjordane12342121232322
Møre og Romsdal612713921042188637
Trøndelag885311969793917779
Nordland4023625457328728
Troms - Romsa201133122285414
Finnmark - Finnmárku10612101163002
Svalbard000000000000

Table 4 
Bankruptcies, by county and legal form

Bankruptcies, by county and legal form
1st quarter 20181st quarter 2019
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 30128129850125701 33328401 0110027110
 
Østfold582003700010801006700300
Akershus1705701120010017560011100310
Oslo1883501470042020837016200720
Hedmark3490250000050703900220
Oppland4080300110035702600020
Buskerud831906100300762105400100
Vestfold581014300310631904200200
Telemark4981400000033502700100
Aust-Agder2220200000031802200100
Vest-Agder56120430010035602900000
Rogaland11033075001101262609500230
Hordaland1563001210050015641011400100
Sogn og Fjordane1520120001013101200000
Møre og Romsdal6760610000047504200000
Trøndelag1041408800200931407900000
Nordland48404000310711005700310
Troms - Romsa2760200010028602200000
Finnmark - Finnmárku1660100000012101100000
Svalbard000000000000000000
Unknown000000000100000100

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