357485
/en/virksomheter-foretak-og-regnskap/statistikker/konkurs/kvartal
357485
statistikk
2018-11-05T08:00:00.000Z
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 foundedBankruptcies, Financial indicators, Banking and financial markets, Establishments, enterprises and accounts
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Bankruptcies

Updated

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Key figures

1 076

bankruptcies in Q3 2018

Bankruptcies
4th quarter 20171st quarter 20182nd quarter 20183rd quarter 2018
Total number of bankruptcies1 2261 3011 3611 076
Bankruptices related to enterprises9101 0201 076818
Personal bankruptcies, incl. sole proprietorships316281285258
 
Bankruptcies in construction336382370287
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles251289290224

See more tables on this subject

Table 1 
Bankruptcies, by industrial activity

Bankruptcies, by industrial activity
3rd quarter 20173rd quarter 2018
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
Total733220818258
 
Agriculture, forestry and fishing61096
Mining and quarrying3011
Manufacturing397329
Electricity, gas, steam and air conditioning supply0000
Water supply2000
Construction1737918998
Wholesale and retail trade1711320816
Transportation and storage42244431
Accommodation and food service activities809886
Information and communication134217
Financial and insurance activities6070
Real estate activities411342
Professional, scientific and technical activities51186324
Administrative and support service activities50255717
Public administration and defence0000
Education123111
Human health and social work activities64186
Arts, entertainment and recreation1291013
Other service activities2382314
Activities of household as employers0000
Activities of extraterritorial organisations and bodies0000
Unknown industry3637

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

Bankruptcies, turnover and persons employed, by industrial activity
3rd quarter 20173rd quarter 2018
BankruptciesTurnover in NOK 1 000Persons employedBankruptciesTurnover in NOK 1 000Persons employed
Total9534 521 1793 8111 0763 602 4533 031
 
Bankruptcies related to enterprises except sole proprietorships7334 324 0633 5798183 427 6482 801
 
Agriculture, forestry and fishing614 0651496482
Mining and quarrying3:161:..
Manufacturing39493 80030532275 569118
Electricity, gas, steam and air conditioning supply0:0000
Water supply2:5690:0
Construction173646 583559189865 038721
Wholesale and retail trade1711 511 0616822081 385 567921
Transportation and storage4273 43510244322 525110
Accommodation and food service activities80226 52036988228 955428
Information and communication139 21382156 22044
Financial and insurance activities6270117..18
Real estate activities4161 3071034..9
Professional, scientific and technical activities51227 2781196395 58080
Administrative and support service activities50408 09468757135 104227
Public administration and defence000000
Education12844111..11
Human health and social work activities6019181 23560
Arts, entertainment and recreation1222 256381021 32719
Other service activities2324 449302318 60733
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry3:..3:0
 
Sole proprietorships incl. personal bankruptcies220197 116232258174 805230
 
Agriculture, forestry and fishing1010 7357612 59311
Mining and quarrying0001..1
Manufacturing71 171292 1092
Electricity, gas, steam and air conditioning supply000000
Water supply0:0000
Construction7955 344599856 29271
Wholesale and retail trade1332 384191620 50724
Transportation and storage2439 655453152 06749
Accommodation and food service activities925 6793365 2139
Information and communication41 456271 7394
Financial and insurance activities000000
Real estate activities1:12:2
Professional, scientific and technical activities188 75711246 42215
Administrative and support service activities2517 30436176 94719
Public administration and defence000000
Education3:21:1
Human health and social work activities4:3604
Arts, entertainment and recreation92 4006132 9227
Other service activities81 6996145 98511
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry65307....

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)
3rd quarter 20173rd quarter 2018
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
Total711374143623795791483145644059
 
Østfold4433711246328114
Akershus69401941571499526
Oslo12673251331214910724486
Hedmark2112420326174302
Oppland17852112194323
Buskerud39177411032207212
Vestfold2816430535228212
Telemark1812311120107201
Aust-Agder10430031691123
Vest-Agder218532326155402
Rogaland6131122313704116724
Hordaland89461974131016022667
Sogn og Fjordane13421241080011
Møre og Romsdal2412243338156854
Trøndelag00000062339956
Sør-Trøndelag (-2017)41186818000000
Nord-Trøndelag (-2017)22112252000000
Nordland3916937428135433
Troms - Romsa188702123115313
Finnmark - Finnmárku115220217125000
Svalbard000000000000

Table 4 
Bankruptcies, by county and legal form

Bankruptcies, by county and legal form
3rd quarter 20173rd quarter 2018
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
Total95322017101017401 0762583791001680
 
Østfold56120440000055904600000
Akershus10229068103101123707100400
Oslo1603301260010018838014900100
Hedmark31100210000028202600000
Oppland2240170010027412100010
Buskerud47803900000572003200410
Vestfold411302800000451003500000
Telemark291001800100341302000100
Aust-Agder1330100000018201600000
Vest-Agder331102100100411402600010
Rogaland912806100200952117000210
Hordaland115230890021014440010100120
Sogn og Fjordane1520130000018711000000
Møre og Romsdal33702400110501003800020
Trøndelag000000000761406200000
Sør-Trøndelag (-2017)531104100010000000000
Nord-Trøndelag (-2017)23102200000000000000
Nordland4641390020036802800000
Troms - Romsa2990180020033802300200
Finnmark - Finnmárku1420110010018101700000
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