Reference metadata describe statistical concepts and methodologies used for the collection and generation of data. They provide information on data quality and, since they are strongly content-oriented, assist users in interpreting the data. Reference metadata, unlike structural metadata, can be decoupled from the data.
The statistic Quarterly Business Demography QBD contain the number of new registered enterprises as well as the number of bankruptcies by selected NACE-sections.. The statistic is published monthly.
The content and all details of the statistics on bankruptcies is described in this documentation of statistics. There are no further description of bankruptcies in this document.
The details on the new registered enterprises are in this declaration.
3.2. Classification system
The Quarterly Business Demography apply selected NACE Sections (see more in the link above):
BTE Sum of the sections B, C, D and E, i.e. mining and quarrying + manufacturing + electricity, gas, steam and air conditioning supply + water supply, sewerage and waste management
F Construction
G Wholesale and retail trade
H Transportation
I Accommodation and food service activities
J Information and communication
KTN Sum of sections K, L, M and N, i.e. financial and insurance + real estate activities + knowledge-based services + travel agent, cleaning and other operational services
PTSXS94 Sum of sections P, Q, R, S95, S96, i.e. education + human health and social work + arts, entertainment and recreation activities + other service activities. The two S-groups are parts of Section S (other service activities) covering repair of personal goods and other personal service activities respectively.
The Quarterly Business Demography cover all NACE-sections except A, O, S 94, T and U.
3.4. Statistical concepts and definitions
New enterprises: A new enterprise is defined by the establishment of a new registration number (CVR-number) in the Central Business Register, CVR. The new enterprise must in addition within two months be registered in relation to obligations to VAT and tax.
3.5. Statistical unit
New enterprises counts juridical units identified their number in the Central Business Register.
3.6. Statistical population
The population is the number of new registered enterprises.
3.7. Reference area
New registered enterprises in Denmark.
3.8. Coverage - Time
New registered enterprises from 2015.
3.9. Base period
Not relevant for these statistics. This is not relevant for data provided in absolute figures.
Number.
The most recent quarter.
6.1. Institutional Mandate - legal acts and other agreements
The Quarterly Business Demography is a copy of the statistic made according to REGULATION (EU) 2019/2152 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL and Commission Implementing Regulation (EU) 2020/1197
The statistics are disseminated at a level that does not require further disclosure.
8.1. Release calendar
The publication date appears in the release calendar. The date is confirmed in the weeks before.
8.2. Release calendar access
The Release Calender can be accessed on our English website: Release Calender.
8.3. Release policy - user access
Statistics are always published at 8:00 a.m. at the day announced in the release calendar. No one outside of Statistics Denmark can access the statistics before they are published.
Monthly
10.1. Dissemination format - News release
No press release.
10.2. Dissemination format - Publications
No publications.
10.3. Dissemination format - online database
KONKEUM - Monthly Business demography
10.4. Dissemination format - microdata access
There is no access to micro data.
10.5. Dissemination format - other
There is no further accessibility. QBD data (absolute values) are transmitted to Eurostat within 40 days after the reference period. The transmission is done by eDAMIS using the SDMX format.
10.6. Documentation on methodology
No further documentation than the EU-regulation.
10.7. Quality management - documentation
Results from the quality evaluation of products and selected processes are available in detail for each statistics and in summary reports for the Working Group on Quality.
11.1. 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.
11.2. Quality management - 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.
12.1. Relevance - User Needs
There is great interest in figures on newly registered companies. This can say something about economic conditions, risk appetite and changes in employment structure. The statistics are in demand by industry organizations, politicians and public institutions, among others. The statistics are compiled for Eurostat into a European Statistic..
12.2. Relevance - User Satisfaction
The statistics on new enterprises has been published as experimental statistics in the period March 2020 to May 2021 and there has been great interest in the figures. Figures that users have found much more useful than what they can retrieve from the Central Business Register (CBR).
12.3. Completeness
Within the set criteria, the statistics are fully comprehensive.
13.1. Accuracy - overall
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.
13.2. Sampling error
Not relevant for these statistics.
13.3. 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.
14.1. Timeliness
The dissemination of the statistics comes aprox. 15 days after the end of the reference month.
14.2. Punctuality
The statistics have been disseminated as announced.
15.1. Comparability - geographical
The statistic on New enterprises is compiled according to Eurostats common guidelines and is therefore comparable to similar statistics from the other EU-countries.
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.
15.2. Comparability - over time
The statistics on New enterprises is fully comparable over the covered period (since 2015).
15.3. Coherence - cross domain
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. The statistics cannot be compared with the Business Demographics, where new company registrations are cleared for takeovers from other enterprises.
15.4. Coherence - internal
Not relevant for theses statistics.
These statistics are based on administrative data. There is therefore no direct response burden, in relation to the compilation of these statistics.
17.1. 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. The same revision policy is applied nationally and in transmission to Eurostat.
17.2. Data revision - practice
No revisions are made of published figures on New enterprises.
18.1. Source data
The source to New enterprises is 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).
18.2. Frequency of data collection
The SBR is updated daily with information from the CBR and weekly from the ABR.
18.3. Data collection
Data on new enterprises are retrieved from the ESR on the basis of data in the CVR - the Central Business Register.
18.4. Data validation
The production process regarding new companies are checked for duplicate deposits. There is no further check of data.
Newly registered Enterprises must, in addition to being newly registered, also be registered for duties in the Tax Business System within the same month. There are three duties that trigger the company to count, it is VAT, payroll tax or income tax for employees.
18.5. Data compilation
The calculation of new enterprises is a simple compilation of selected NACE-sections.
18.6. Adjustment
No correction of data relating to New enterprises.
Further information by contact to Statistics Denmark.
The statistic Quarterly Business Demography QBD contain the number of new registered enterprises as well as the number of bankruptcies by selected NACE-sections.. The statistic is published monthly.
The content and all details of the statistics on bankruptcies is described in this documentation of statistics. There are no further description of bankruptcies in this document.
The details on the new registered enterprises are in this declaration.
7 May 2025
New enterprises: A new enterprise is defined by the establishment of a new registration number (CVR-number) in the Central Business Register, CVR. The new enterprise must in addition within two months be registered in relation to obligations to VAT and tax.
New enterprises counts juridical units identified their number in the Central Business Register.
The population is the number of new registered enterprises.
New registered enterprises in Denmark.
The most recent quarter.
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.
Number.
The calculation of new enterprises is a simple compilation of selected NACE-sections.
The source to New enterprises is 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).
Monthly
The dissemination of the statistics comes aprox. 15 days after the end of the reference month.
The statistic on New enterprises is compiled according to Eurostats common guidelines and is therefore comparable to similar statistics from the other EU-countries.
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.
The statistics on New enterprises is fully comparable over the covered period (since 2015).
