Monthly figures

Monthly figures in the tables 07218, 08551 and 09695, were published 24 October 2024.

Bankruptcies

Updated: 24 October 2024

Next update: 28 January 2025

Bankruptcies
Bankruptcies
3rd quarter 2024
939
 
Bankruptcies
Bankruptcies
4th quarter 20231st quarter 20242nd quarter 20243rd quarter 2024
Total number of bankruptcies1 1861 1331 272939
Bankruptices related to enterprises9869701 085856
Personal bankruptcies, incl. sole proprietorships20016318783
Bankruptcies in construction351335400267
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles191224210171
Explanation of symbols

Selected tables and charts from this statistics

  • Bankruptcies, by industrial activity
    Bankruptcies, by industrial activity
    3rd quarter 20233rd 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
    Total82312385683
    Agriculture, forestry and fishing127121
    Mining and quarrying1030
    Manufacturing362392
    Electricity, gas, steam and air conditioning supply1020
    Water supply0020
    Construction2104523532
    Wholesale and retail trade16781674
    Transportation and storage35203810
    Accommodation and food service activities1011953
    Information and communication405362
    Financial and insurance activities2020
    Real estate activities301432
    Professional, scientific and technical activities597679
    Administrative and support service activities4214437
    Public administration and defence0000
    Education10291
    Human health and social work activities160100
    Arts, entertainment and recreation164102
    Other service activities307235
    Activities of household as employers0000
    Activities of extraterritorial organisations and bodies0000
    Unknown industry150203
    Explanation of symbols
  • Bankruptcies, turnover and persons employed, by industrial activity
    Bankruptcies, turnover and persons employed, by industrial activity
    3rd quarter 20233rd quarter 2024
    BankruptciesTurnover in NOK 1 000Persons employedBankruptciesTurnover in NOK 1 000Persons employed
    Total9466 387 0193 5069396 953 3293 684
    Bankruptcies related to enterprises except sole proprietorships8236 314 9743 3938566 871 0573 575
    Agriculture, forestry and fishing1230 2562012..29
    Mining and quarrying1..03..2
    Manufacturing36..27339..220
    Electricity, gas, steam and air conditioning supply1....2....
    Water supply0002..16
    Construction2102 860 6631 1152352 939 4311 163
    Wholesale and retail trade1671 418 3226791671 750 467641
    Transportation and storage35162 91010738243 214124
    Accommodation and food service activities101..43395..495
    Information and communication40171 27913536..56
    Financial and insurance activities2....2..1
    Real estate activities30..2743..32
    Professional, scientific and technical activities59367 35725767456 167111
    Administrative and support service activities42100 70716443201 102238
    Public administration and defence000000
    Education10..259..356
    Human health and social work activities1679 317561024 87523
    Arts, entertainment and recreation1622 8204410..18
    Other service activities3033 683562329 00548
    Activities of household as employers000000
    Activities of extraterritorial organisations and bodies000000
    Unknown industry1527 686220..2
    Sole proprietorships incl. personal bankruptcies12372 0451138382 272109
    Agriculture, forestry and fishing77 81171..1
    Mining and quarrying000000
    Manufacturing2..22..1
    Electricity, gas, steam and air conditioning supply000000
    Water supply000000
    Construction4526 218413236 97438
    Wholesale and retail trade82 090341 8822
    Transportation and storage2016 791201011 69411
    Accommodation and food service activities1..13..3
    Information and communication51 48852..0
    Financial and insurance activities000000
    Real estate activities1....2..27
    Professional, scientific and technical activities72 101493 9419
    Administrative and support service activities146 4022372 6486
    Public administration and defence000000
    Education2..21....
    Human health and social work activities000000
    Arts, entertainment and recreation413712..7
    Other service activities74 153452 0894
    Activities of household as employers000000
    Activities of extraterritorial organisations and bodies000000
    Unknown industry0003....
    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)
    3rd quarter 20233rd 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
    Total8145001155838103847543119643586
    Østfold00000057447213
    Akershus00000013410116647
    Viken (2020-2023)1871282314418000000
    Oslo1489326108111319915719
    Innlandet5133653449303745
    Buskerud00000041267215
    Vestfold00000035254123
    Telemark00000024106413
    Vestfold og Telemark (2020-2023)623313628000000
    Agder49274331254347328
    Rogaland604110315714481018
    Vestland764675810754413675
    Møre og Romsdal32162329421813155
    Trøndelag - Trööndelage74401453127439108413
    Nordland - Nordlánnda3721521835159425
    Troms - Romsa - Tromssa0000001691204
    Finnmark - Finnmárku - Finmarkku000000740102
    Troms og Finnmark - Romsa ja Finnmárku (2020-2023)38225236000000
    Svalbard000000210001
    Explanation of symbols
  • Bankruptcies, by county and legal form
    Bankruptcies, by county and legal form
    3rd quarter 20233rd 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
    Total87211307511043093983084700360
    Østfold00000000064705700000
    Akershus00000000015419013400100
    Viken (2020-2023)21930018700200000000000
    Oslo1732301480011014915013100120
    Innlandet6090510000051204900000
    Buskerud00000000050804100010
    Vestfold00000000037203500000
    Telemark00000000029502400000
    Agder60110490000056205400000
    Rogaland6870600001079807100000
    Vestland89130760000081607500000
    Møre og Romsdal3530320000047504200000
    Trøndelag - Trööndelage8490740001079207400030
    Nordland - Nordlánnda4140361000037103500100
    Troms - Romsa - Tromssa00000000017101600000
    Finnmark - Finnmárku - Finmarkku000000000700700000
    Troms og Finnmark - Romsa ja Finnmárku (2020-2023)43403800100000000000
    Svalbard000000000200200000
    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.

The information under «About the statistics» was last updated 23 April 2021.

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

28 January 2025

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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