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This is an archived release.
Number of bankruptcies on the rise
After a continuous decrease in the number of bankruptcies since the beginning of 2015, bankruptcies were up by 16 per cent in the second quarter of this year compared with the same quarter of 2015. The total number of bankruptcies was 1 352.
June 2016 | Change in per cent | 2nd quarter 2016 | Change in per cent | |
---|---|---|---|---|
June 2015 - June 2016 | 2nd quarter 2015 - 2nd quarter 2016 | |||
Total number of bankruptcies | 481 | 22.7 | 1 352 | 16.1 |
Bankruptices related to enterprises | 338 | 11.2 | 956 | 10.4 |
Personal bankruptcies, incl. sole proprietorships | 143 | 62.5 | 396 | 32.4 |
Bankruptcies in construction | 142 | 59.6 | 419 | 31.8 |
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles | 101 | 12.2 | 259 | -5.5 |
![Figure 1. Bankruptcies, by type of bankruptcy and quarter Figure 1. Bankruptcies, by type of bankruptcy and quarter](/en/virksomheter-foretak-og-regnskap/statistikker/konkurs/kvartal/_image/273358.png?_encoded=2f66666666666678302f35382f&_ts=15602506370)
The largest increase in percentage terms was in the counties of Hordaland, Hedmark and Aust-Agder, with 80, 55 and 50 per cent more bankruptcies respectively. Hordaland is also the county with the largest rise in absolute figures, with a total of 81 more bankruptcies.
In six counties, the number of bankruptcies went down, most in Sogn og Fjordane with 39 per cent.
Seven out of ten bankruptcies, a total of 956, related to enterprises (except sole proprietorships). Twenty-five per cent of these enterprises were in construction, and 24 per cent were in wholesale and retail trade. The remaining 396 bankruptcies related to sole proprietorships and personal bankruptcies. Forty-four per cent of these were in construction.
During the first six months of this year, 2 515 bankruptcies were registered. This is an increase of 2 per cent compared with the same period in 2015.
Contact
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Harald Fondevik
E-mail: harald.fondevik@ssb.no
tel.: (+47) 40 90 24 47