Denmark: monthly number of bankruptcies 2022

The monthly number of bankruptcies of Danish enterprises show a far higher number of bankruptcies in the first months of 2021 compared to the pre-COVID-19 months in 2020. However, from April and onwards, the numbers are roughly the same for 2020 and 2021. In 2022, the number of bankruptcies was at an all time high from March till November showing just how much the Danish economy is still struggling.

Monthly number of bankruptcies in Denmark from 2020 to 2022

Characteristic	2020	2021	2022
Dec	714	981	660
Nov	450	795	959
Oct	413	774	909
Sep	409	385	530
Aug	304	194	311
Jul	479	454	477
Jun	455	486	630
May	591	508	833
Apr	494	590	729
Mar	295	866	970
Feb	466	1,194	363
Jan	544	1,112	447

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Release date

February 2023

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Region

Denmark

Survey time period

January 2020 to December 2022

Supplementary notes

The source adds the following information: "The available data on declared bankruptcies in March, due to COVID-19, are not suitable to provide a true and fair view of the true extent of the month's bankruptcies. Statistics Denmark received a total of data on 295 bankruptcies in March. Of these, 151 are active enterprises and 144 bankruptcies are "zero enterprises". The general level over the past year is approx. 640 bankruptcies a month. The figures for March therefore significantly underestimate the actual bankruptcy conditions, but the real level is [still] very uncertain."

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