Weekly figures

Weekly figures in table 12972 in StatBank are published daily at 11:30 a.m.

Monthly figures in the tables 07218, 08551 and 09695, were published 23 November 2021.

Bankruptcies

Updated: 27 October 2021

Next update: 26 January 2022

Bankruptcies
Bankruptcies
3rd quarter 2021
660

Selected tables and figures from this statistics

Bankruptcies, by industrial activity
Bankruptcies, by industrial activity
3rd quarter 20203rd quarter 2021
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
Total73070541119
Agriculture, forestry and fishing5152
Mining and quarrying2000
Manufacturing293243
Electricity, gas, steam and air conditioning supply0000
Water supply1010
Construction1883215547
Wholesale and retail trade16258911
Transportation and storage36122917
Accommodation and food service activities802553
Information and communication260154
Financial and insurance activities8011
Real estate activities250310
Professional, scientific and technical activities5944315
Administrative and support service activities475434
Public administration and defence0000
Education13071
Human health and social work activities8183
Arts, entertainment and recreation11191
Other service activities222194
Activities of household as employers0000
Activities of extraterritorial organisations and bodies0000
Unknown industry8273
Explanation of symbols
Bankruptcies, turnover and persons employed, by industrial activity
Bankruptcies, turnover and persons employed, by industrial activity
3rd quarter 20203rd quarter 2021
BankruptciesTurnover in NOK 1 000Persons employedBankruptciesTurnover in NOK 1 000Persons employed
Total8007 506 8533 7716602 849 3482 135
Bankruptcies related to enterprises except sole proprietorships7307 437 8903 6795412 763 1552 012
Agriculture, forestry and fishing5..185..1
Mining and quarrying2..0000
Manufacturing29..43024..197
Electricity, gas, steam and air conditioning supply000000
Water supply1..41....
Construction1881 368 7448431551 283 922774
Wholesale and retail trade1621 044 33450689470 360228
Transportation and storage36137 16014629366 951170
Accommodation and food service activities80..69055..294
Information and communication2641 92144155 2476
Financial and insurance activities80141....
Real estate activities2564 517163132 86533
Professional, scientific and technical activities59168 9671384371 14363
Administrative and support service activities473 674 53169843118 993164
Public administration and defence000000
Education130137..15
Human health and social work activities8..498..21
Arts, entertainment and recreation11..309..14
Other service activities22..311919 60832
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry8..97..0
Sole proprietorships incl. personal bankruptcies7068 9639211986 193123
Agriculture, forestry and fishing1..22..2
Mining and quarrying000000
Manufacturing3..43..2
Electricity, gas, steam and air conditioning supply000000
Water supply000000
Construction3233 684514731 00839
Wholesale and retail trade55 43051112 25412
Transportation and storage1210 52816179 92019
Accommodation and food service activities2..93..13
Information and communication00045162
Financial and insurance activities0001..1
Real estate activities000000
Professional, scientific and technical activities490931521 42123
Administrative and support service activities52 217141 0823
Public administration and defence000000
Education0001....
Human health and social work activities1..13..3
Arts, entertainment and recreation1..01..1
Other service activities2..041 3103
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry2..03....
Explanation of symbols
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 20203rd quarter 2021
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
Total71942713250367453635577362444
Viken1591062689101298923737
Østfold (-2019)000000000000
Akershus (-2019)000000000000
Buskerud (-2019)000000000000
Oslo14288257418936811545
Innlandet41201143333238002
Hedmark (-2019)000000000000
Oppland (-2019)000000000000
Vestfold and Telemark59351053654356247
Vestfold (-2019)000000000000
Telemark (-2019)000000000000
Agder5134941329195410
Aust-Agder (-2019)000000000000
Vest-Agder (-2019)000000000000
Rogaland5126845834173446
Vestland855317537644111444
Hordaland (-2019)000000000000
Sogn og Fjordane (-2019)000000000000
Møre og Romsdal3115460624181203
Trøndelag - Trööndelage51231263741264515
Nordland - Nordlánnda221061321794112
Troms og Finnmark - Romsa ja Finnmárku2717402417101123
Troms - Romsa (-2019)000000000000
Finnmark - Finnmárku (-2019)000000000000
Svalbard000000100100
Explanation of symbols
Bankruptcies, by county and legal form
Bankruptcies, by county and legal form
3rd quarter 20203rd quarter 2021
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
Total80070071900920660119053600320
Viken1781901590000015929012900100
Østfold (-2019)000000000000000000
Akershus (-2019)000000000000000000
Buskerud (-2019)000000000000000000
Oslo177330142002001303509300110
Innlandet4200410001042803300010
Hedmark (-2019)000000000000000000
Oppland (-2019)000000000000000000
Vestfold and Telemark6330590010063905400000
Vestfold (-2019)000000000000000000
Telemark (-2019)000000000000000000
Agder5210510000034502900000
Aust-Agder (-2019)000000000000000000
Vest-Agder (-2019)000000000000000000
Rogaland54205100100461203400000
Vestland91308500300751106400000
Hordaland (-2019)000000000000000000
Sogn og Fjordane (-2019)000000000000000000
Møre og Romsdal3200310010027302400000
Trøndelag - Trööndelage5960510011048604100100
Nordland - Nordlánnda2310220000017001700000
Troms og Finnmark - Romsa ja Finnmárku2920270000018101700000
Troms - Romsa (-2019)000000000000000000
Finnmark - Finnmárku (-2019)000000000000000000
Svalbard000000000100100000
County not stated000000000000000000
Explanation of symbols

About the statistics

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

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.

Name: Bankruptcies

Topic: Establishments, enterprises and accounts

26 January 2022

Division for Business Dynamics Statistics

National, county and municipality level

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.

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

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.

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

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.

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).

Statistics Act Section 3-2

Not relevant

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.

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

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.

Not relevant

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

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.

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

Not relevant




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