410798
/en/virksomheter-foretak-og-regnskap/statistikker/konkurs/kvartal
410798
statistikk
2020-05-06T08:00:00.000Z
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

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

Monthly figures in the tables 0721808551 and 09695 in StatBank, were published 25 May 2020.

Updated

Next update

Key figures

1 245

bankruptcies in Q1 2020

Bankruptcies
2nd quarter 20193rd quarter 20194th quarter 20191st quarter 2020
Total number of bankruptcies1 2941 1161 2701 245
Bankruptices related to enterprises9829131 0571 054
Personal bankruptcies, incl. sole proprietorships312203213191
 
Bankruptcies in construction403296340327
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles252251249263

See selected tables from this statistics

Table 1 
Bankruptcies, by industrial activity

Bankruptcies, by industrial activity
1st quarter 20191st quarter 2020
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 0492841 054191
 
Agriculture, forestry and fishing33611
Mining and quarrying2020
Manufacturing5211511
Electricity, gas, steam and air conditioning supply0010
Water supply2010
Construction26311126463
Wholesale and retail trade2812324914
Transportation and storage53355033
Accommodation and food service activities13191343
Information and communication3111354
Financial and insurance activities80130
Real estate activities511390
Professional, scientific and technical activities64136922
Administrative and support service activities50336515
Public administration and defence0000
Education123113
Human health and social work activities196102
Arts, entertainment and recreation76810
Other service activities1312284
Activities of household as employers0000
Activities of extraterritorial organisations and bodies0000
Unknown industry77186

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

Bankruptcies, turnover and persons employed, by industrial activity
1st quarter 20191st quarter 2020
BankruptciesTurnover in NOK 1 000Persons employedBankruptciesTurnover in NOK 1 000Persons employed
Total1 3336 092 7354 3551 24510 846 2046 436
 
Bankruptcies related to enterprises except sole proprietorships1 0495 957 1304 1361 05410 753 9626 288
 
Agriculture, forestry and fishing3..49643 96228
Mining and quarrying2:52:3
Manufacturing52434 87824451..552
Electricity, gas, steam and air conditioning supply0:01....
Water supply2:801:7
Construction2631 294 7058242641 389 378910
Wholesale and retail trade2812 553 0651 5852497 003 4563 006
Transportation and storage53295 31010650242 582160
Accommodation and food service activities131429 366720134..652
Information and communication3141 497473539 92058
Financial and insurance activities8016132729
Real estate activities51..543965 21130
Professional, scientific and technical activities64459 40212669227 885144
Administrative and support service activities50167 45019165318 576572
Public administration and defence000000
Education12..211..11
Human health and social work activities192603910..6
Arts, entertainment and recreation76 36026818 5600
Other service activities1312 5672128251 345140
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry7:118:0
 
Sole proprietorships incl. personal bankruptcies284135 60521919192 242148
 
Agriculture, forestry and fishing3..4118 27011
Mining and quarrying000000
Manufacturing115 68471....
Electricity, gas, steam and air conditioning supply000000
Water supply0:0000
Construction11151 603766337 00445
Wholesale and retail trade2311 56714145 83711
Transportation and storage3522 461273319 11633
Accommodation and food service activities913 541223..12
Information and communication112 476644711
Financial and insurance activities000000
Real estate activities1:..0:0
Professional, scientific and technical activities1310 197102210 39113
Administrative and support service activities3313 37827154 24210
Public administration and defence000000
Education3:23:1
Human health and social work activities6:112....
Arts, entertainment and recreation61056102 0126
Other service activities124 061542 1925
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry79626....

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 20191st quarter 2020
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 01158918974501091 0246131469645124
 
Viken0000002371512518934
Østfold (-2019)674212337000000
Akershus (-2019)11172252210000000
Buskerud (-2019)543210525000000
Oslo162100318617183129289611
Innlandet00000050317228
Hedmark (-2019)39237054000000
Oppland (-2019)26154313000000
Vestfold og Telemark0000008950201045
Vestfold (-2019)42238434000000
Telemark (-2019)27173034000000
Agder00000053327617
Aust-Agder (-2019)22143401000000
Vest-Agder (-2019)29157133000000
Rogaland9553151041397471611815
Vestland000000108641110518
Hordaland (-2019)1147721736000000
Sogn og Fjordane (-2019)1232322000000
Møre og Romsdal4218863748219828
Trøndelag - Trööndelage7939177797846121028
Nordland5732872838206345
Troms og Finnmark - Romsa ja Finnmárku00000043225925
Troms - Romsa (-2019)2285414000000
Finnmark - Finnmárku (-2019)1163002000000
Svalbard000000000000

Table 4 
Bankruptcies, by county and legal form

Bankruptcies, by county and legal form
1st quarter 20191st quarter 2020
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 33328401 01100271101 24519121 024012160
 
Viken00000000028343023700300
Østfold (-2019)801006700300000000000
Akershus (-2019)17560011100310000000000
Buskerud (-2019)762105400100000000000
Oslo2083701620072022128218301520
Innlandet00000000058605000200
Hedmark (-2019)50703900220000000000
Oppland (-2019)35702600020000000000
Vestfold og Telemark0000000001132108900300
Vestfold (-2019)631904200200000000000
Telemark (-2019)33502700100000000000
Agder000000000741705300400
Aust-Agder (-2019)31802200100000000000
Vest-Agder (-2019)35602900000000000000
Rogaland12626095002301151709700010
Vestland00000000014333010800110
Hordaland (-2019)15641011400100000000000
Sogn og Fjordane (-2019)13101200000000000000
Møre og Romsdal4750420000054504800100
Trøndelag - Trööndelage93140790000088907800100
Nordland71100570031044403800110
Troms og Finnmark - Romsa ja Finnmárku00000000052804300010
Troms - Romsa (-2019)28602200000000000000
Finnmark - Finnmárku (-2019)12101100000000000000
Svalbard000000000000000000
County not stated100000100000000000

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