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This is an archived release.
Slight increase in bankruptcies in 2016
In the fourth quarter of 2016, fewer bankruptcies were registered compared with the same quarter in 2015. In 2016 as a whole, however, there were more bankruptcies than in the year before.
December 2016 | Change in per cent | 4th quarter 2016 | Change in per cent | |
---|---|---|---|---|
December 2015 - December 2016 | 4th quarter 2015 - 4th quarter 2016 | |||
Total number of bankruptcies | 272 | -19.8 | 1 031 | -8.3 |
Bankruptices related to enterprises | 220 | -12.4 | 785 | -7.4 |
Personal bankruptcies, incl. sole proprietorships | 52 | -40.9 | 246 | -10.9 |
Bankruptcies in construction | 65 | -35.6 | 276 | -14.3 |
Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles | 70 | 1.4 | 228 | -6.2 |
![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/291884.png?_encoded=2f66666666666678302f35382f&_ts=159b7214500)
The total number of bankruptcies in 2016 was 4 544, which is an increase of 1.8 per cent compared with 2015. The largest increase in percentage terms was in the counties of Hordaland, Aust-Agder and Rogaland, with 28, 22 and 19 per cent more bankruptcies respectively. Hordaland is also the county with the largest rise in absolute figures, with a total of 132 more bankruptcies.
Seven out of ten bankruptcies, a total of 3 308, related to enterprises (except sole proprietorships). Twenty-five per cent of these enterprises were in construction, and 25 per cent were in wholesale and retail trade. The remaining 1 236 bankruptcies related to sole proprietorships and personal bankruptcies. Forty-one per cent of these were in construction.
In the fourth quarter of 2016, 1 031 bankruptcies were registered. This is a decrease of 8 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