Quarterly Business Demography (QBD)
Contact info
Short Term Statistics, Business Statistics.Søren Dalbro
+45 3917 3416
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The purpose of the Quarterly Business Demography is to form an overall and internationally comparable perspective of business development by the numbers of new enterprises and by the number of bankruptcies. The statistics are published for the first time in 2021.
Statistical presentation
The statistic Quarterly Business Demography contain the number of new registered enterprises as well as the number of bankruptcies by selected NACE-sections.. The statistic is published quarterly.
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Statistical processing
Data for these statistics are collected from Statistics Denmark's Business Register (SBR) which again are based on information from the Central Business Register (CBR) and tax information from the Administrative Business Register (ABR). The sources are updated on a daily and weekly basis. The data are checked for duplicate deposits.
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Relevance
The statistics has been published as experimental statistics in the period March 2020 to May 2021 and there has been great interest in the figures.
Accuracy and reliability
The statistics are a good indication of the number of newly registered enterprises starting up. The definition means that almost 60% of the newly registered companies in the Central Business Register (CBR) are deselected in the statistics as the definition chosen which means newly registered companies must be liable for VAT, payroll or income tax for employees..
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Timeliness and punctuality
The first dissemination of the statistics comes 90 days after the end of the quarter. Later disseminations will come approximately 30 days after the end of the quarter. The statistics have been disseminated as announced.
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Comparability
The statistics are made by all EU countries as well as EFTA and candidate countries. There is a difference in the countries' access to information and the delimitation we have made in Denmark will only be able to be implemented by a few countries.
In addition to these statistics, there are the statistics Business Demography, which also shed light on the annual approach in companies. This statistic uses many more background variables and overall will always have a lower number of new businesses.
Accessibility and clarity
These statistics are published quarterly in the StatBank under the subject Business sector in general, under Enterprise development.