251360_not-searchable
/en/virksomheter-foretak-og-regnskap/statistikker/konkurs/kvartal
251360
Continued decline in bankruptcies
statistikk
2016-04-20T10:00:00.000Z
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
false
In the 1st quarter of 2016, 1 163 bankruptcies were registered. This is a drop of 10 per cent compared with the same period in 2015.

Bankruptcies, Q1 2016

Content

Published:

This is an archived release.

Go to latest release

Continued decline in bankruptcies

In the first quarter of 2016, the number of bankruptcies was 1 163, which is a drop of 10 per cent compared with the same quarter in 2015. The largest decrease in percentage terms was in the counties of Sogn og Fjordane, Nordland and Troms.

BankruptciesPublished 20 April 2016
March 2016Change in per cent1st quarter 2016Change in per cent
March 2015 - March 20161st quarter 2015 - 1st quarter 2016
Total number of bankruptcies422-8.31 163-10.1
Bankruptices related to enterprises310-8.0854-11.2
Personal bankruptcies, incl. sole proprietorships112-8.9309-6.9
 
Bankruptcies in construction123-6.8342-5.3
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles830.0234-14.9

Source: Statistics Norway

Figure 1. Bankruptcies, by type of bankruptcy and quarter

The decrease in bankruptcies in those three counties was 50, 43 and 41 per cent respectively. 

The largest fall in absolute figures was in the counties of Nordland, Akershus and Oslo, with 33, 31 and 25 fewer bankruptcies respectively.

In six counties, the number of bankruptcies went up. The largest rise in percentage terms was in the counties of Aust-Agder and Hordaland, with 48 and 21 per cent more bankruptcies respectively. Hordaland is also the county with the largest increase in absolute figures, with 27 more bankruptcies.

Three out of four bankruptcies, a total of 854, related to enterprises (except sole proprietorships). Twenty-five per cent of these enterprises were in wholesale and retail trade, and 25 per cent were in construction. The remaining 309 bankruptcies related to sole proprietorships and personal bankruptcies. Forty-two per cent of these were in construction.