Published 05 March 2015

Bankruptcies and hearings on compositions without bankruptcies 2014

In 2014 Sweden’s district courts ruled on 7,158 corporate bankruptcies, including sole traders. This represents a reduction of 7% compared to 2013. The number of employees affected by bankruptcies in 2014 amounted to 19,061, 26% fewer than in 2013.

Broken down over the different kinds of company, bankruptcies in limited companies fell by 7% while bankruptcies in partnerships fell by 22%. Among sole traders, there were 20% fewer bankruptcies. There were 6,017 bankruptcies in limited companies, 496 in partnerships and 645 in sole traders.

The manufacturing industry saw 432 bankruptcies, which is a fall of 8%. In the construction industry, bankruptcies fell by 1% to 1,259 and in the commercial sector by 12% to 1,601 compared to 1,811 bankruptcies in 2013. In the hotel and restaurant sector, there were 497 bankruptcies, an increase of 2%.

Divided by county, the number of bankruptcies in Stockholm county fell by 7% to 2,343 and in the county of Västra Götaland by 14% to 1,036. The county of Skåne had 1,098 companies in bankruptcy, a reduction of 1%.

The number of compositions without bankruptcies during 2014 amounted to 108, compared with 87 in 2013. The number of employees in these companies was 2,386, compared to 1,945 in 2013.