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– It may be a sign that the wave of bankruptcies expected as a result of the crown crisis is soon on its way, says bankruptcy expert Per Einar Ruud in Bisnod.
In November, 407 companies went bankrupt and 42 companies were forcibly liquidated. There has been a total decrease of 7.6 percent compared to November last year, while so far this year we have had a total decrease in bankruptcies and liquidations of 13.3 percent compared to last year.
While it seems that there will be surprisingly few bankruptcies in 2020 despite times of crisis, we now see that the decline is about to stabilize.
He points out that many companies have depleted reserves and believes that in 2021 we will see the true effect of the crown crisis.
Troms and Finnmark are the only counties that have seen an increase in the number of bankruptcies and forced liquidations so far this year compared to last year.
Change in number of bankruptcies and compulsory liquidations so far this year compared to last year:
The bay, -14.7 percent
Oslo, – 2.5 percent
Inland, -17.4 percent
Vestfold and Telemark, -0.9 percent
Agder, – 21.4 percent
Rogaland, -16.2 percent
Vestland, – 28.0 percent
Møre og Romsdal, -14.8 percent
Trøndelag, – 21.9 percent
Nordland, – 14.7 percent
Troms and Finnmark: 14.1 percent
