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 May 2024.

Bankruptcies

Updated: 29 April 2024

Next update: 14 August 2024

Bankruptcies
Bankruptcies
1st quarter 2024
1 133
Bankruptcies
Bankruptcies
2nd quarter 20233rd quarter 20234th quarter 20231st quarter 2024
Total number of bankruptcies1 0689461 1861 133
Bankruptices related to enterprises846823986970
Personal bankruptcies, incl. sole proprietorships222123200163
Bankruptcies in construction333255351335
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles197175191224
Explanation of symbols

Selected tables and charts from this statistics

  • Bankruptcies, by industrial activity
    Bankruptcies, by industrial activity
    1st quarter 20231st quarter 2024
    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 090227970163
    Agriculture, forestry and fishing106103
    Mining and quarrying3110
    Manufacturing533431
    Electricity, gas, steam and air conditioning supply2000
    Water supply2020
    Construction3048627065
    Wholesale and retail trade219182177
    Transportation and storage45324032
    Accommodation and food service activities14571013
    Information and communication284455
    Financial and insurance activities5070
    Real estate activities471451
    Professional, scientific and technical activities75278310
    Administrative and support service activities65124120
    Public administration and defence0000
    Education92101
    Human health and social work activities183113
    Arts, entertainment and recreation1511133
    Other service activities3313206
    Activities of household as employers0000
    Activities of extraterritorial organisations and bodies0000
    Unknown industry121113
    Explanation of symbols
  • Bankruptcies, turnover and persons employed, by industrial activity
    Bankruptcies, turnover and persons employed, by industrial activity
    1st quarter 20231st quarter 2024
    BankruptciesTurnover in NOK 1 000Persons employedBankruptciesTurnover in NOK 1 000Persons employed
    Total1 3177 561 6714 2711 1336 731 4744 443
    Bankruptcies related to enterprises except sole proprietorships1 0907 416 0534 0449706 603 3164 282
    Agriculture, forestry and fishing108 457910..104
    Mining and quarrying3..391..5
    Manufacturing53..39443..671
    Electricity, gas, steam and air conditioning supply2..0000
    Water supply2..12..6
    Construction3041 761 0741 2122702 192 9831 207
    Wholesale and retail trade2193 316 6997182171 754 548980
    Transportation and storage45435 96216040213 533211
    Accommodation and food service activities145360 643551101..437
    Information and communication2830 4132945143 42674
    Financial and insurance activities55 2015709
    Real estate activities47..2845..21
    Professional, scientific and technical activities75226 97518283273 402135
    Administrative and support service activities65351 27249141262 890299
    Public administration and defence000000
    Education9..610..13
    Human health and social work activities18..10611..21
    Arts, entertainment and recreation159 5962413..37
    Other service activities3340 765782027 72451
    Activities of household as employers000000
    Activities of extraterritorial organisations and bodies000000
    Unknown industry12..1111..1
    Sole proprietorships incl. personal bankruptcies227145 618227163128 158161
    Agriculture, forestry and fishing69 61283..5
    Mining and quarrying1..1000
    Manufacturing3..51..1
    Electricity, gas, steam and air conditioning supply000000
    Water supply000000
    Construction8652 719826550 63956
    Wholesale and retail trade1814 5851172 4764
    Transportation and storage3231 171403229 01449
    Accommodation and food service activities79 316243..4
    Information and communication41 719253 1225
    Financial and insurance activities000000
    Real estate activities1..11....
    Professional, scientific and technical activities2713 31812107 51510
    Administrative and support service activities125 10514205 54714
    Public administration and defence000000
    Education2..21..0
    Human health and social work activities3..23..5
    Arts, entertainment and recreation1165883..3
    Other service activities134 3771564 2305
    Activities of household as employers000000
    Activities of extraterritorial organisations and bodies000000
    Unknown industry1....3....
    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)
    1st quarter 20231st quarter 2024
    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
    Total1 0817101388442107958610130665399
    Østfold00000049386212
    Akershus00000013799119612
    Viken (2020-2023)2721992615923000000
    Oslo2001482212315159116175813
    Innlandet5432563868399785
    Buskerud00000042256416
    Vestfold000000715010506
    Telemark00000031186412
    Vestfold og Telemark (2020-2023)774415936000000
    Agder49301031548267528
    Rogaland102601295166535124410
    Vestland114711374198547178310
    Møre og Romsdal503211223542683710
    Trøndelag - Trööndelage8649141175734512646
    Nordland - Nordlánnda4930664339223257
    Troms - Romsa - Tromssa00000019133210
    Finnmark - Finnmárku - Finmarkku00000018113022
    Troms og Finnmark - Romsa ja Finnmárku (2020-2023)27154314000000
    Svalbard100100000000
    Explanation of symbols
  • Bankruptcies, by county and legal form
    Bankruptcies, by county and legal form
    1st quarter 20231st quarter 2024
    TotalSole proprietorships incl. personal bankruptcyGeneral PartnershipPrivate limited companyPublic limited companyCompany with limited liabilityNorwegian division of foreign enterpriseOther legal formUnknownTotalSole proprietorships incl. personal bankruptcyGeneral PartnershipPrivate limited companyPublic limited companyCompany with limited liabilityNorwegian division of foreign enterpriseOther legal formUnknown
    Total1 22321101 003103501 133163095800570
    Østfold000000000601004900010
    Akershus00000000018645013700220
    Viken (2020-2023)33359027200110000000000
    Oslo2332902000013019838015900100
    Innlandet70160540000073306800020
    Buskerud00000000051804200010
    Vestfold000000000821107100000
    Telemark00000000038503100200
    Agder5890490000051304800000
    Rogaland1312901020000070506500000
    Vestland14834011310000991408500000
    Møre og Romsdal5880500000059505400000
    Trøndelag - Trööndelage991208600010841007300010
    Nordland - Nordlánnda5450490000041203900000
    Troms - Romsa - Tromssa00000000020101900000
    Finnmark - Finnmárku - Finmarkku00000000021301800000
    Troms og Finnmark - Romsa ja Finnmárku (2020-2023)381002700100000000000
    Svalbard100100000000000000
    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

14 August 2024

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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