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 24 August 2023.

Bankruptcies

Updated: 14 August 2023

Next update: 25 October 2023

Bankruptcies
Bankruptcies
2nd quarter 2023
1 068
Bankruptcies
Bankruptcies
3rd quarter 20224th quarter 20221st quarter 20232nd quarter 2023
Total number of bankruptcies8351 0061 3171 068
Bankruptices related to enterprises7068361 090846
Personal bankruptcies, incl. sole proprietorships129170227222
Bankruptcies in construction205274390333
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles157196237197
Explanation of symbols

Selected tables and charts from this statistics

  • Bankruptcies, by industrial activity
    Bankruptcies, by industrial activity
    2nd quarter 20222nd quarter 2023
    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
    Total726208846222
    Agriculture, forestry and fishing5278
    Mining and quarrying2130
    Manufacturing321442
    Electricity, gas, steam and air conditioning supply0010
    Water supply1140
    Construction2168223598
    Wholesale and retail trade135717720
    Transportation and storage40364235
    Accommodation and food service activities7451014
    Information and communication335385
    Financial and insurance activities8011
    Real estate activities220240
    Professional, scientific and technical activities62215119
    Administrative and support service activities36294914
    Public administration and defence0000
    Education3342
    Human health and social work activities132182
    Arts, entertainment and recreation5191
    Other service activities277289
    Activities of household as employers0000
    Activities of extraterritorial organisations and bodies0000
    Unknown industry125102
    Explanation of symbols
  • Bankruptcies, turnover and persons employed, by industrial activity
    Bankruptcies, turnover and persons employed, by industrial activity
    2nd quarter 20222nd quarter 2023
    BankruptciesTurnover in NOK 1 000Persons employedBankruptciesTurnover in NOK 1 000Persons employed
    Total9344 604 6173 0351 0685 071 8113 647
    Bankruptcies related to enterprises except sole proprietorships7264 480 0662 8398464 867 9823 423
    Agriculture, forestry and fishing5..47-9910
    Mining and quarrying2..03..34
    Manufacturing32..12644..510
    Electricity, gas, steam and air conditioning supply0001....
    Water supply1..0419 03512
    Construction2161 491 1149602351 487 2791 037
    Wholesale and retail trade1351 788 0006211771 005 188561
    Transportation and storage40384 02526442219 844196
    Accommodation and food service activities74150 762322101218 066335
    Information and communication3342 1095238142 83681
    Financial and insurance activities85 092151..0
    Real estate activities2280 603592463 47833
    Professional, scientific and technical activities62192 78810551241 532146
    Administrative and support service activities3672 90012349304 670354
    Public administration and defence000000
    Education3..34..2
    Human health and social work activities13..10118..50
    Arts, entertainment and recreation5..269..22
    Other service activities2724 991562825 42750
    Activities of household as employers000000
    Activities of extraterritorial organisations and bodies000000
    Unknown industry122 468210..0
    Sole proprietorships incl. personal bankruptcies208124 551196222203 829224
    Agriculture, forestry and fishing2..2814 9108
    Mining and quarrying1..1000
    Manufacturing1..12..1
    Electricity, gas, steam and air conditioning supply000000
    Water supply1..0000
    Construction8247 683769879 588104
    Wholesale and retail trade73 85592060 59022
    Transportation and storage3633 239433523 16640
    Accommodation and food service activities54 918845561
    Information and communication53 352451 2174
    Financial and insurance activities0001....
    Real estate activities000000
    Professional, scientific and technical activities2110 743171912 69817
    Administrative and support service activities2912 99524147 64518
    Public administration and defence000000
    Education3..42..2
    Human health and social work activities2..22..2
    Arts, entertainment and recreation1..01..1
    Other service activities72 140592 1584
    Activities of household as employers000000
    Activities of extraterritorial organisations and bodies000000
    Unknown industry5002..0
    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)
    2nd quarter 20222nd quarter 2023
    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
    Total71447987492574837554106544281
    Viken16711324114152311781813715
    Oslo11285114481621102012515
    Innlandet3623431536232515
    Vestfold og Telemark5735653865449336
    Agder58337102650296555
    Rogaland56386318522513248
    Vestland866014327785411166
    Møre og Romsdal3317235640206239
    Trøndelag - Trööndelage63455418683713846
    Nordland - Nordlánnda2213411327134244
    Troms og Finnmark - Romsa ja Finnmárku2417421028214102
    Svalbard000000000000
    Explanation of symbols
  • Bankruptcies, by county and legal form
    Bankruptcies, by county and legal form
    2nd quarter 20222nd quarter 2023
    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
    Total9342080714007501 068222083700630
    Viken2406901670022030169023100100
    Oslo1554201120010019633016200010
    Innlandet43703600000572003600010
    Vestfold og Telemark802205700010892406500000
    Agder65605800100631305000000
    Rogaland671105600000691505200200
    Vestland1203208600110971807800100
    Møre og Romsdal3620330010047604000100
    Trøndelag - Trööndelage731006300000821306800010
    Nordland - Nordlánnda2750220000032402700100
    Troms og Finnmark - Romsa ja Finnmárku2720240001035702800000
    Svalbard000000000000000000
    County not stated100000100000000000
    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

25 October 2023

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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