385082
/en/virksomheter-foretak-og-regnskap/statistikker/konkurs/kvartal
385082
statistikk
2019-08-12T08:00:00.000Z
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

Monthly figures in the tables 07218, 08551 and 09695 in StatBank, were published 20 September 2019.

Updated

Next update

Key figures

1 294

bankruptcies in Q2 2019

Bankruptcies
3rd quarter 20184th quarter 20181st quarter 20192nd quarter 2019
Total number of bankruptcies1 0761 2721 3331 294
Bankruptices related to enterprises8189711 049982
Personal bankruptcies, incl. sole proprietorships258301284312
 
Bankruptcies in construction287344374403
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles224269304252

See selected tables from this statistics

Table 1 
Bankruptcies, by industrial activity

Bankruptcies, by industrial activity
2nd quarter 20182nd quarter 2019
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 076285982312
 
Agriculture, forestry and fishing8898
Mining and quarrying1130
Manufacturing573401
Electricity, gas, steam and air conditioning supply1000
Water supply1000
Construction256114268135
Wholesale and retail trade2711922527
Transportation and storage63415242
Accommodation and food service activities107129511
Information and communication467337
Financial and insurance activities5190
Real estate activities473424
Professional, scientific and technical activities84198412
Administrative and support service activities60226623
Public administration and defence0000
Education8546
Human health and social work activities10461
Arts, entertainment and recreation1431311
Other service activities30142715
Activities of household as employers0000
Activities of extraterritorial organisations and bodies0000
Unknown industry7969

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

Bankruptcies, turnover and persons employed, by industrial activity
2nd quarter 20182nd quarter 2019
BankruptciesTurnover in NOK 1 000Persons employedBankruptciesTurnover in NOK 1 000Persons employed
Total1 3615 178 8104 5411 2943 355 2833 012
 
Bankruptcies related to enterprises except sole proprietorships1 0764 980 6024 2639823 201 5902 776
 
Agriculture, forestry and fishing830 17218923 5227
Mining and quarrying1:03:11
Manufacturing57..72940..80
Electricity, gas, steam and air conditioning supply1:0000
Water supply1:50:0
Construction256938 0117772681 295 541866
Wholesale and retail trade2711 414 445926225718 968562
Transportation and storage63193 93916152332 174248
Accommodation and food service activities107289 36357995340 742578
Information and communication46185 4111583344 52438
Financial and insurance activities5..8900
Real estate activities47..84273 54233
Professional, scientific and technical activities84282 73828884124 182140
Administrative and support service activities60191 9594086665 013115
Public administration and defence000000
Education808404
Human health and social work activities109876..10
Arts, entertainment and recreation14..591319 89327
Other service activities3022 022412730 89352
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry7:36:5
 
Sole proprietorships incl. personal bankruptcies285198 208278312153 693236
 
Agriculture, forestry and fishing818 7261088 4837
Mining and quarrying1....000
Manufacturing3..31..5
Electricity, gas, steam and air conditioning supply000000
Water supply0:0000
Construction11468 3578213574 920114
Wholesale and retail trade1913 93216279 33813
Transportation and storage4129 695644227 19229
Accommodation and food service activities1211 31916117 95918
Information and communication71 220271 7912
Financial and insurance activities1..1000
Real estate activities3:44:0
Professional, scientific and technical activities1913 78621124 7635
Administrative and support service activities2211 480202313 10326
Public administration and defence000000
Education5:36:4
Human health and social work activities4:21..1
Arts, entertainment and recreation3..2118376
Other service activities1424 70629152 4105
Activities of household as employers000000
Activities of extraterritorial organisations and bodies000000
Unknown industry91 269395041

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)
2nd quarter 20182nd quarter 2019
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 03459320682361179575641479739110
 
Østfold69391652745315603
Akershus1106919711410569151119
Oslo19112333145161941283411813
Hedmark33141113427175302
Oppland3111942526136421
Buskerud6341735751326517
Vestfold41181332543227833
Telemark291634061684112
Aust-Agder251632042286035
Vest-Agder42198102336224424
Rogaland83432072118646138514
Hordaland103631982111016711959
Sogn og Fjordane12710221031204
Møre og Romsdal5230653851275838
Trøndelag84462551780401311313
Nordland3421624136176427
Troms - Romsa20851061794202
Finnmark - Finnmárku12921001152004
Svalbard000000000000

Table 4 
Bankruptcies, by county and legal form

Bankruptcies, by county and legal form
2nd quarter 20182nd quarter 2019
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 36128501 0340034801 2943121955202310
 
Østfold861406900300601404500010
Akershus1554201100012016352010500600
Oslo2454401910091024749019220400
Hedmark3850330000036902700000
Oppland3640310010029302600000
Buskerud1013306300320681505100200
Vestfold632004100200621604300300
Telemark38702900110281201600000
Aust-Agder3490250000032902200100
Vest-Agder551104200200521503600100
Rogaland10823083002001122608600000
Hordaland1423501030040015855010100200
Sogn og Fjordane1530120000015401000100
Møre og Romsdal6170520011058705100000
Trøndelag102150840030092918000200
Nordland4140340021045803600100
Troms - Romsa2660200000022501700000
Finnmark - Finnmárku1530120000013201100000
Svalbard000000000110000000
Unknown000000000110000000

Table 5 
Bankruptcies. Owners of personal owned enterprises by gender, age groups, national background, level of education and economic activity

Bankruptcies. Owners of personal owned enterprises by gender, age groups, national background, level of education and economic activity
2018
Proprietors of sole proprietorships incl. personal bankcruptciesPartners in General Partnerships and General Partnerships with Shared Liability
TotalMalesFemalesTotalMalesFemales
Age groups
Total1 12598613918144
16-24 years22193000
25-44 years579503761394
45-66 years50244359440
67 years or older22211110
 
National background
Total1 12598613918144
Norway5735066712102
EU/EAA (except Norway), USA, Canada, Australia, New Zealand39134645431
Asia, Africa, Latin America, Oceania (except Australia and New Zealand), Europe without EU/EAA16113427211
 
Level of education
Total1 12598613918144
Lower secondary education353309441082
Upper secondary education34930544651
Tertiary education, short917516101
Tertiary education, long25196000
Other30727829110
 
Industrial activity
Total1 12598613918144
Agriculture, forestry and fishing32293000
Mining and quarrying330000
Manufacturing28244000
Electricity, gas, steam and air conditioning supply000000
Water supply, sewerage, waste management and remediation activities000000
Construction45343320000
Wholesale and retail trade: repair of motor vehicles and motorcycles796316000
Transportation and storage1551469000
Accomodation and food service activities382810000
Information and communication24231000
Financial and insurance activities110000
Real estate activities761000
Professional, scientific and technical activities81738000
Adminitrative and support service activities796118000
Public administration and defence, compulsory social security000000
Education1385000
Human health and social work activities16124000
Arts, entertainment and recreation28235000
Other service activities521933000
Activities of households as employers, undifferentiated goods- and service producing activities of households for own account000000
Activities of extraterritorial organisations and bodies000000
Missing3634218144

Table 6 
Bankruptcies. Owners in public limited companies and private limited companies by gender, age groups, national background, level of education and economic activity

Bankruptcies. Owners in public limited companies and private limited companies by gender, age groups, national background, level of education and economic activity
2018
TotalMalesFemales
Age
Total5 0563 8241 232
Less than 16 years752
16-24 years917120
25-44 years2 2311 675556
45-66 years2 2951 734561
67 years or older43233993
 
National background
Total5 0563 8241 232
Norway3 8842 910974
EU/EAA (except Norway), USA, Canada, Australia, New Zealand611496115
Asia, Africa, Latin America, Oceania (except Australia and New Zealand), Europe without EU/EAA561418143
 
Level of education
Total5 0563 8241 232
Lower secondary education991768223
Upper secondary education2 1851 695490
Tertiary education, short1 001677324
Tertiary education, long465351114
Other41433381
 
Industrial activity
Total5 0563 8241 232
Agriculture, forestry and fishing30237
Mining and quarrying541
Manufacturing645500145
Electricity, gas, steam and air conditioning supply110
Water supply, sewerage, waste management and remediation activities110
Construction928828100
Wholesale and retail trade: repair of motor vehicles and motorcycles1 258829429
Transportation and storage19817127
Accomodation and food service activities568379189
Information and communication22519827
Financial and insurance activities544410
Real estate activities14712324
Professional, scientific and technical activities45535699
Adminitrative and support service activities29223062
Public administration and defence, compulsory social security000
Education281513
Human health and social work activities482127
Arts, entertainment and recreation493514
Other service activities1054857
Activities of households as employers, undifferentiated goods- and service producing activities of households for own account000
Activities of extraterritorial organisations and bodies000
Missing19181

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