7,155 Danish companies go bankrupt in 2018

Source: Xinhua | 2019-09-06

A total of 7,155 Danish companies went bankrupt in 2018, according to figures released on Thursday by Denmark's Statistics.
The figures also showed that small or inactive companies accounted for the majority of bankrupt ones.
Of the active companies which went bankrupt, entrepreneurial and private companies rank particularly high, and more than half of active sole proprietorship and limited liability companies had at least a 10-year history.
Moreover, half of the bankrupt companies had no employees during their last five years. Larger companies suffered from a significantly shorter revenue-fall period than smaller ones.