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Statistical presentation

Contact info

Business Dynamics, Business Statistics
Kalle Emil Holst Hansen
+45 39 17 35 65

khs@dst.dk

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High Growth Enterprises

The statistics counts the number of gazelles in Denmark, as well as jobs created in the growth period. In addition the turnover at the beginning and end of the growth period is available.

The growth indicator is the number of employees. The number of employees is converted into full-time equivalents (FTEs). The number of FTEs is used as a measure of the total amount of work performed by the gazelles employees during the year in question.

The statistics covers only Non-Agricultural Private Sector.

Data description

Gazelles are enterprises that are up till 5 years old, that have had an average annual growth of at least 20 per cent. over a three year period, and who had five or more employees in the beginning of the growth period. The population of gazelles in the period 2014-2017 is based on the population of all new enterprises in 2012 and 2013, that had five or more employees in 2014. The indicator of growth is full time employees.

Classification system

National figures are published on Danish industry codes while figures are delivered to Eurostat on NACE rev.2

Sector coverage

The statistics covers the non-agricultural private sector.

Statistical concepts and definitions

Gazelle: A gazelle is a high-growth enterprise that is up to 5 years old with average annual growth greater than 20 pct. per annum over a three year period.

In part, the definition of gazelles follows the definition by the OECD and Eurostat (cf. Eurostat OECD Manual on Business Demography Statistics, 2007 edition) of gazelles. In the manual gazelles are defined as all new enterprises up to five years old, that have 10 or more employees at the beginning of the growth period, and which have an average annual growth of 20 per cent per year, over a three-year period.

The indicator of growth is the number of full-time equivalents (FTEs). The number of FTEs is used as a measure of the total amount of work performed by the gazelles employees during the year in question.

Statistical unit

The statistics is published at enterprise level.

Statistical population

The population Gazelles constitute the number of new enterprises in t-5 or t-4 with at least 5 full-time employees in t-3 and with at least 20 pct. annually growth from t-3 to t., where t=the reference year of the population.

Reference area

The statistics cover all of Denmark.

Time coverage

The growth period is 2014-2017 (current publication).

Base period

Not relevant for this statistics.

Unit of measure

The unit of measure is number of enterprises.

Reference period

01-01-2014- 31-12-2017

Frequency of dissemination

The statistics is published annual.

Legal acts and other agreements

The statistics is exclusively based on existing administrative data - no information is gathered from external respondents.

Data is currently transmitted to Eurostat on a voluntary basis described in Annex IX, Regulation No 295/2008.

Cost and burden

The statistics is based on administrative registers. Therefore there are no direct cost or burdens associated with the publication of the statistics.

Comment

If additional information is needed please contact Statistics Denmark.