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270104
Continued rise in bankruptcies
statistikk
2016-10-21T08:00:00.000Z
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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In the 3rd quarter of 2016, 998 bankruptcies were registered. This is an increase of 14 per cent compared with the same period in 2015.

Bankruptcies, Q3 2016

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Continued rise in bankruptcies

The number of bankruptcies continues to go up. In the 3rd quarter of 2016, the total number of bankruptcies was 998. This is an increase of 14 per cent compared with the same quarter in 2015.

BankruptciesPublished 21 October 2016
September 2016Change in per cent3rd quarter 2016Change in per cent
September 2015 - September 20163rd quarter 2015 - 3rd quarter 2016
Total number of bankruptcies4062.099813.5
Bankruptices related to enterprises269-5.97139.4
Personal bankruptcies, incl. sole proprietorships13722.328525.6
 
Bankruptcies in construction1237.028313.7
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles70-10.31854.5

Source: Statistics Norway

Figure 1. Bankruptcies, by type of bankruptcy and quarter

The largest increase in percentage terms was in the counties of Troms, Østfold and Hordaland, with 107, 74 and 63 per cent more bankruptcies respectively. Hordaland is the county with the largest rise in absolute figures, with a total of 60 more bankruptcies.

The number of bankruptcies went down in nine counties, with the greatest reduction in Sogn og Fjordane, by 27 per cent.

Seven out of ten bankruptcies, a total of 713, related to enterprises (except sole proprietorships). Twenty-five per cent of these enterprises were in construction, and 23 per cent were in wholesale and retail trade. The remaining 285 bankruptcies related to sole proprietorships and personal bankruptcies. Thirty-six per cent of these were in construction.

From January to September of this year, 3 513 bankruptcies were registered. This is an increase of 5 per cent compared with the same period in 2015.