Bisnode's Corona Index
This edition covers the Swedish  market and is updated every Tuesday

The Bisnode Corona Index, Sweden edition,  is designed to present the latest developments from the Swedish corporate world. It's a snapshot of the current corporate trends which will impact the future of commerce and society. The index is based on the wealth of data available from Bisnode which is being openly shared during this crisis. Please find other published editions here: Austria, CzechiaDenmarkFinlandGermanyHungary, SlovakiaSwitzerland.



Comments:

There was a notable increase in the total number of bankruptcies in Sweden from week 13 (23/3-29/3) and onwards during 2020. This negative trend persisted for several months but slowed down during the summer. In December there was a big increase again(30% compared to December 2019), which affected the figures for the entire year. For 2020, we see an increase of bankruptcies of +3% compared to 2019.

So far we have seen no big changes in payment remarks.  

Industries 

Taxi  In the taxi branch we can see a trend with a larger increase in bankruptcies in the first half of 2020. When summarizing the whole year 2020 compared to 2019, the increase in bankruptcies is noted to have increased +27%.

Retail Clothing The number of bankruptcies within the Retail Clothing sector initially soared in 2020 but slowed down during the fall, with a summary for the year of an increase of +34% (compared to 2019).

 
Hospitality, Food & Beverages This is a branch that was severely impacted by the Coronavirus with bankruptcies reaching +101% when comparing some periods in 2020 to the previous year (2019). Looking at the full year 2020, then the increase in bankruptcies stopped at +21,5% for this sector, when compared to 2019.

PRESS

For press inquiries about the Index, please contact Tomas Hedenius, Head of Marketing and Communications, 070 247 2902, tomas.hedenius@bisnode.com.

Bisnode Studio

How to keep track on health of the current business environment & keep doing safe business

See an interview with our experts Henrik Hargéus and Malin Höök that presents Bisnode's Corona Index. Up-to-date data about national bankruptcies, reconstructions, payment remarks, employees in bankrupt companies, employees in reconstructions and start-ups.

 
Questions? Ask them via email:malin.hook@bisnode.com or Henrik.hargeus@bisnode.com

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