Fewer enterprises established in 2009

Businesses

Businesses

The number of newly established enterprises continues to decline. In 2009 a total of 42,069 enterprises were established; a decrease of 10 per cent compared to the previous year.

The number of newly established private limited companies decreased even more, with 25 per cent fewer enterprises established in 2009 compared to 2008.

18 per cent fewer enterprises established in 2009 compared to 2006

The number of newly established enterprises has fallen each year from its peak in 2006. The number of newly established private limited companies declined even more during this period (-43 per cent).

There were fewer newly established enterprises in almost every economic activity in 2009 compared to 2008. The greatest decline was found within Real estate activities (-1,506 enterprises), Construction (- 1,230 enterprises) and Financial and insurance activities (-653 enterprises). An increasing number of newly established enterprises were only found within Wholesale and retail trade, Human health and social work activities, Accommodation and food service activities and Activities of households as employers. However, this increase amounted to no more than 276 enterprises in total.

Enterprises 1 January

The number of enterprises as of 1 January decreased by 2 per cent from 2009 to 2010 (the figure for 2010 is estimated, the final figure will be available in 2011). Most enterprises were found within Wholesale and retail trade, Construction, Real estate activities and Professional, scientific and technical activities. More than half of all enterprises were found within these activities.

The figures include all enterprises except enterprises involved in agriculture, forestry, fishing or public administration. The figures for new enterprises in 2008 have been updated compared to the quarterly statistics on new enterprises. The increase in the number of enterprises from 1 January 2009 to 1 January 2010 is partly explained by a revision in the methodology.

Source: Statistics Norway

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