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Statistics about
Bankruptcies
The statistics give an overview of bankruptcies in Norway and are based on data from the Bankruptcy Register.
Selected figures from this statistics
- BankruptciesDownload table as ...Bankruptcies
1st quarter 2024 2nd quarter 2024 3rd quarter 2024 4th quarter 2024 Total number of bankruptcies 1 133 1 272 939 1 199 Bankruptices related to enterprises 970 1 085 856 1 006 Personal bankruptcies, incl. sole proprietorships 163 187 83 193 Bankruptcies in construction 335 400 267 323 Bankruptcies in wholesale and retail trade, repair of motor vehicles and motorcycles 224 210 171 224 Explanation of symbolsDownload table as ... - Bankruptcies, by industrial activityDownload table as ...Bankruptcies, by industrial activity
4th quarter 2023 4th quarter 2024 Bankruptcies related to enterprises, excl. sole proprietorships Bankruptcies related to sole proprietorships, incl. personal bankruptcies Bankruptcies related to enterprises, excl. sole proprietorships Bankruptcies related to sole proprietorships, incl. personal bankruptcies Total 986 200 1 006 193 Agriculture, forestry and fishing 15 8 14 3 Mining and quarrying 0 0 1 0 Manufacturing 36 3 47 3 Electricity, gas, steam and air conditioning supply 2 0 2 0 Water supply 1 0 2 0 Construction 264 87 248 75 Wholesale and retail trade 178 13 210 14 Transportation and storage 48 35 48 29 Accommodation and food service activities 135 5 109 7 Information and communication 46 7 43 8 Financial and insurance activities 9 0 4 0 Real estate activities 26 0 53 1 Professional, scientific and technical activities 77 11 91 17 Administrative and support service activities 56 12 46 14 Public administration and defence 0 0 0 0 Education 5 0 7 1 Human health and social work activities 12 3 12 2 Arts, entertainment and recreation 16 4 17 3 Other service activities 31 6 24 7 Activities of household as employers 0 0 0 0 Activities of extraterritorial organisations and bodies 0 0 0 0 Unknown industry 29 6 28 9 Explanation of symbolsDownload table as ... - Bankruptcies, turnover and persons employed, by industrial activityDownload table as ...Bankruptcies, turnover and persons employed, by industrial activity
4th quarter 2023 4th quarter 2024 Bankruptcies Turnover in NOK 1 000 Persons employed Bankruptcies Turnover in NOK 1 000 Persons employed Total 1 186 6 853 865 3 826 1 199 8 088 694 4 357 Bankruptcies related to enterprises except sole proprietorships 986 5 923 344 3 637 1 006 7 927 724 4 159 Agriculture, forestry and fishing 15 43 162 23 14 28 329 20 Mining and quarrying 0 0 0 1 .. 0 Manufacturing 36 .. 99 47 781 674 427 Electricity, gas, steam and air conditioning supply 2 .. 1 2 .. 6 Water supply 1 .. 1 2 .. 2 Construction 264 2 542 264 1 198 248 2 256 800 1 116 Wholesale and retail trade 178 1 210 948 634 210 3 126 723 1 014 Transportation and storage 48 269 268 187 48 189 933 150 Accommodation and food service activities 135 371 513 512 109 344 600 479 Information and communication 46 369 838 124 43 60 066 108 Financial and insurance activities 9 26 6 4 0 3 Real estate activities 26 39 615 14 53 .. 63 Professional, scientific and technical activities 77 397 446 253 91 307 822 197 Administrative and support service activities 56 294 396 438 46 298 276 335 Public administration and defence 0 0 0 0 0 0 Education 5 1 724 0 7 .. 6 Human health and social work activities 12 .. 35 12 .. 75 Arts, entertainment and recreation 16 27 265 35 17 135 707 88 Other service activities 31 43 129 69 24 37 779 63 Activities of household as employers 0 0 0 0 0 0 Activities of extraterritorial organisations and bodies 0 0 0 0 0 0 Unknown industry 29 16 443 8 28 9 895 7 Sole proprietorships incl. personal bankruptcies 200 930 521 189 193 160 970 198 Agriculture, forestry and fishing 8 5 943 8 3 1 448 3 Mining and quarrying 0 0 0 0 0 0 Manufacturing 3 .. 1 3 659 2 Electricity, gas, steam and air conditioning supply 0 0 0 0 0 0 Water supply 0 0 0 0 0 0 Construction 87 64 744 62 75 74 354 88 Wholesale and retail trade 13 793 009 11 14 5 099 10 Transportation and storage 35 25 278 39 29 40 286 39 Accommodation and food service activities 5 13 531 26 7 11 388 14 Information and communication 7 1 263 5 8 4 010 4 Financial and insurance activities 0 0 0 0 0 0 Real estate activities 0 0 0 1 .. 3 Professional, scientific and technical activities 11 10 541 9 17 7 690 8 Administrative and support service activities 12 4 098 11 14 10 078 19 Public administration and defence 0 0 0 0 0 0 Education 0 0 0 1 .. 1 Human health and social work activities 3 .. 11 2 .. 1 Arts, entertainment and recreation 4 1 294 2 3 1 002 1 Other service activities 6 1 785 3 7 1 905 4 Activities of household as employers 0 0 0 0 0 0 Activities of extraterritorial organisations and bodies 0 0 0 0 0 0 Unknown industry 6 215 1 9 306 1 Explanation of symbolsDownload table as ... - Bankruptcies in private limited companies and public limited companies, by county and share capital (in NOK)Download table as ...Bankruptcies in private limited companies and public limited companies, by county and share capital (in NOK)
4th quarter 2023 4th quarter 2024 Total Less than 51 000 51 000-100 000 101 000-250 000 251 000-500 000 More than 500 000 Total Less than 51 000 51 000-100 000 101 000-250 000 251 000-500 000 More than 500 000 Total 973 615 123 77 46 112 991 627 156 52 48 108 Østfold 0 0 0 0 0 0 59 40 9 3 3 4 Akershus 0 0 0 0 0 0 149 105 19 7 7 11 Viken (2020-2023) 201 147 22 7 11 14 0 0 0 0 0 0 Oslo 195 138 21 11 9 16 163 100 35 8 3 17 Innlandet 48 29 7 5 1 6 40 29 4 1 1 5 Buskerud 0 0 0 0 0 0 63 50 6 2 3 2 Vestfold 0 0 0 0 0 0 57 39 8 0 0 10 Telemark 0 0 0 0 0 0 38 24 5 3 2 4 Vestfold og Telemark (2020-2023) 103 70 11 6 4 12 0 0 0 0 0 0 Agder 51 29 6 6 4 6 76 52 10 2 4 8 Rogaland 55 33 9 2 2 9 58 34 12 3 4 5 Vestland 99 49 18 11 4 17 82 43 12 6 8 13 Møre og Romsdal 47 25 5 2 5 10 44 23 7 5 3 6 Trøndelag - Trööndelage 87 46 14 11 5 11 82 46 17 5 4 10 Nordland - Nordlánnda 47 26 8 8 0 5 38 18 7 5 1 7 Troms - Romsa - Tromssa 0 0 0 0 0 0 26 17 4 0 2 3 Finnmark - Finnmárku - Finmarkku 0 0 0 0 0 0 16 7 1 2 3 3 Troms og Finnmark - Romsa ja Finnmárku (2020-2023) 37 23 2 6 1 5 0 0 0 0 0 0 Svalbard 3 0 0 2 0 1 0 0 0 0 0 0 Explanation of symbolsDownload table as ... - Bankruptcies, by county and legal formDownload table as ...Bankruptcies, by county and legal form
4th quarter 2023 4th quarter 2024 Total Sole proprietorships incl. personal bankruptcy General Partnership Private limited company Public limited company Company with limited liability Norwegian division of foreign enterprise Other legal form Unknown Total Sole proprietorships incl. personal bankruptcy General Partnership Private limited company Public limited company Company with limited liability Norwegian division of foreign enterprise Other legal form Unknown Total 1 067 185 1 870 0 0 8 3 0 1 199 193 0 990 1 0 5 10 0 Østfold 0 0 0 0 0 0 0 0 0 84 25 0 59 0 0 0 0 0 Akershus 0 0 0 0 0 0 0 0 0 201 49 0 148 1 0 1 2 0 Viken (2020-2023) 279 76 0 201 0 0 1 1 0 0 0 0 0 0 0 0 0 0 Oslo 235 38 0 195 0 0 1 1 0 206 43 0 163 0 0 0 0 0 Innlandet 65 15 0 48 0 0 2 0 0 51 9 0 40 0 0 1 1 0 Buskerud 0 0 0 0 0 0 0 0 0 79 15 0 63 0 0 0 1 0 Vestfold 0 0 0 0 0 0 0 0 0 59 2 0 57 0 0 0 0 0 Telemark 0 0 0 0 0 0 0 0 0 40 2 0 38 0 0 0 0 0 Agder 59 8 0 51 0 0 0 0 0 81 4 0 76 0 0 0 1 0 Rogaland 61 5 1 55 0 0 0 0 0 70 10 0 58 0 0 1 1 0 Vestland 114 15 0 99 0 0 0 0 0 95 11 0 82 0 0 0 2 0 Møre og Romsdal 49 2 0 47 0 0 0 0 0 51 5 0 44 0 0 1 1 0 Trøndelag - Trööndelage 109 21 0 87 0 0 1 0 0 89 6 0 82 0 0 0 1 0 Nordland - Nordlánnda 49 1 0 47 0 0 1 0 0 43 4 0 38 0 0 1 0 0 Troms - Romsa - Tromssa 0 0 0 0 0 0 0 0 0 32 6 0 26 0 0 0 0 0 Finnmark - Finnmárku - Finmarkku 0 0 0 0 0 0 0 0 0 18 2 0 16 0 0 0 0 0 Troms og Finnmark - Romsa ja Finnmárku (2020-2023) 43 3 0 37 0 0 2 1 0 0 0 0 0 0 0 0 0 0 Svalbard 3 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 County not stated 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Explanation of symbolsDownload table as ...
About the statistics
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
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
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.
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.
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Statistics Norway assumes that information on bankruptcies transferred by the Register of Bankruptcies is correct.