Accuracy and reliability
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Short Term Statistics, Business Statistics.Søren Dalbro
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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..
Overall accuracy
The statistics are a good indication of the number of newly registered enterprises starting up. The statistics cannot be compared with the Business Demographics, where new company registrations are cleared for take overs from other enterprises.
Sampling error
Not relevant for these statistics.
Non-sampling error
A definition has been chosen in which newly registered companies must be liable for VAT, payroll or income tax for employees. The definition means that almost 60% of the newly registered companies in CBR are deselected in the statistics.
Quality management
Statistics Denmark follows the recommendations on organisation and management of quality given in the Code of Practice for European Statistics (CoP) and the implementation guidelines given in the Quality Assurance Framework of the European Statistical System (QAF). A Working Group on Quality and a central quality assurance function have been established to continuously carry through control of products and processes.
Quality assurance
Statistics Denmark follows the principles in the Code of Practice for European Statistics (CoP) and uses the Quality Assurance Framework of the European Statistical System (QAF) for the implementation of the principles. This involves continuous decentralized and central control of products and processes based on documentation following international standards. The central quality assurance function reports to the Working Group on Quality. Reports include suggestions for improvement that are assessed, decided and subsequently implemented.
Quality assessment
The overall quality for Newly Registered companies is high. The figures are good for indicating a development. Looking at existing companies is approx. 45% of them are economically active, in the statistics the figure is approx. 40%, which is predominantly estimated to be due to financial companies and especially holding companies to a lesser extent included in the statement.
Data revision - policy
Statistics Denmark revises published figures in accordance with the Revision Policy for Statistics Denmark. The common procedures and principles of the Revision Policy are for some statistics supplemented by a specific revision practice.
Data revision practice
No revisions are made of published figures on New enterprises.