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SME Access to Finance

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Business Dynamics, Business Statistics
Michael E. Nielsen
+45 3917 3143

men@dst.dk

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SME Access to Finance

Last updated: 18-01-2020

The statistics provides updated information on small and medium-sized enterprises' access to finance in light of the financial crisis. The 2018 statistics is an update of previous surveys covering the periods 2007, 2009/2010 and 2014. To provide the best basis for comparability over time, the survey has been repeated with an almost unchanged contents.

Statistical presentation

The statistics sheds light on small and medium-sized enterprises' access to finance, covering loan finance, equity finance and other types of finance. Results are published in a NYT from Statistics Denmark and related tables in the Statbank.

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Statistical processing

The statistics is annual and questionnaire-based. Information is reported digitally. Validation includes checks and supporting information built into the digital form, combined with subsequent checks and recontact to reporting enterprises. The published results are grossed up to population level. Stratification is based on activity, enterprise size class and subpopulations ( high-growth enterprises, high-growth new enterprises and other enterprises).

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Relevance

The statistics provides updated information on growth conditions for the Danish business sector, specifically on small and medium-sized enterprises' access to finance. The 2018 survey was carried out in collaboration with, and with financing from, the Danish Ministry of Industry, Business and Financial Affairs. In addition, the statistics is expected to be used by other ministries, Danmarks Nationalbank (the Danish Central Bank), business associations and by researchers.

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Accuracy and reliability

Sampling error calculations have been produced. The response rate is 93 per cent. Unit non-response is limited and due to bankruptcy, take-overs, etc. Item non-response is also limited. The quality of the statistics is considered high.

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Timeliness and punctuality

Results from the survey are published relatively soon after the end of the reference period, and results have been published without delays. Results for 2014 were published without delays in a NYT from Statistics Denmark and related tables in the Statbank in mid-April 2015. Results for 2018 will be published without delays in late October 2019.

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Comparability

The statistics provides updated information on small and medium-sized enterprises' access to finance in light of the financial crisis. The 2018 statistics is an update of previous surveys covering the periods 2007, 2009/2010 and 2014. for 2007 and 2009/2010 results for a number of other European Member States are also available. To provide the best basis for comparability over time, the survey has been repeated with an almost unchanged contents.

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Accessibility and clarity

Results are published in a NYT from Statistics Denmark and related tables in the Statbank.

Read more about accessibility and clarity