Statistical processing
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Short Term Statistics, Business StatisticsSøren Dalbro
+45 3917 3416,
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Data from The Danish Official Gazette (Statstidende) are checked for missing reports and duplicates.
The announced bankruptcies in the month of reference are added on business sector, turnover, age, employment and geography. The bankruptcies are moreover calculated for so called active companies, i.e. companies with employment and/or turnover >= 1 million DKK, as well as inactive companies, i.e. companies without employment and turnover less than 1 million DKK. The main series with the total number of bankruptcies are seasonal adjusted together with the series of bankruptcies in active companies.
The series on petitions for liquidation proceedings are checked at delivery. Some of the petitions for liquidation proceedings are removed from data as they cover private bankruptcies.
Source data
The declared bankruptcies are delivered from the Danish Official Gazette (Statstidende) and the Statistical Business Register. The petitions for liquidation proceedings are delivered from the courts of bankruptcies. More information in Danish in Bekendtgørelse af konkursloven
Frequency of data collection
Data on declared bankruptcies are delivered monthly. Data on petitions for liquidation proceedings are delivered weekly.
Data collection
Data on declared bankruptcies are collected from The Danish Official Gazette (Statstidende) and the Statistical Business Register. Data on petitions for liquidation proceedings are delivered as a spread sheet.
Data validation
There are check for missing reports (missing days in data) and eventual duplicates in the production process for the declared bankruptcies. There are no checks of the petitions for liquidation proceedings.
Data compilation
The announced declared bankruptcies in the month of reference are added on business sector, turnover, age, employment and geography. Company age is calculated as the difference between the start date in the Statistical Business Registry and the date of bankruptcy.
Some of the petitions for liquidation proceedings are removed from data as they cover private bankruptcies.
Adjustment
Seasonal adjustment is performed for the series with the total number of declared bankruptcies and the series with bankruptcies in firms with employment by using X-13 Arima without previous correction.
The quality indicators shows clear seasonal pattern and the series are therefore well qualified for correction.
No other corrections.