In 2013 Sweden’s district courts ruled on 7,701 corporate bankruptcies, including sole traders. This represents an increase of 3.1% over the previous year. The number of employees affected by bankruptcies in 2013 amounted to 25,808, 2.5% fewer than in 2012.
Broken down over the different kinds of company, bankruptcies in limited companies increased by 5.2% while bankruptcies in partnerships fell by 5.6%. Among sole traders, there were 7.5% fewer bankruptcies. There were 6,483 bankruptcies in limited companies, 810 in sole traders and 408 in partnerships.
In the manufacturing industry, the number of bankruptcies was unchanged. In the construction industry, bankruptcies increased by 6.2% to 1,277 and in the commercial sector by 10.4% to 1,811. In the hotel and restaurant sector, there were 485 bankruptcies, an increase of 4.8%.
Divided by county, the number of bankruptcies in the County of Stockholm increased by 2.1% to 521 and in Västra Götaland by 9% to 1,205. In Skåne, there were 1,104 bankruptcies, an increase of 12.8%.
There were a total of 87 compositions without bankruptcy during the year, compared to 85 in 2012. The number of employees in these companies was 1,945, compared to 2,982 the previous year.
Bankruptcies and hearings on compositions without bankruptcy 2013