In the third quarter of 2026, registrations of market enterprises were 755, with a total of 678 new registrations of private limited companies during the period. For comparison purposes, there were 806 registrations of market enterprises in the third quarter of 2025. The most of new registrations were in Information and communication with a total of 110, which was 57% increase from the previous year third quarter. In Construction, there were 101 registrations, which was 23% decrease from the previous year third quarter.
There were 120 market enterprises made insolvent in the third quarter of 2026, which is a 3% increase from the previous year third quarter when they were 116. Thereof, 46 were for market enterprises that were active in 2025, i.e. they either had registered employees according to the official PAYE tax registry or turnover according to VAT reports. The number of insolvencies with prior activity remained the same in comparison to the third quarter of 2025.
There were 285 employees in 46 market enterprises that were active in 2025 and made insolvent in the third quarter of 2026. The highest prior employment was in Construction with a total of 213, which was the highest value for the third quarter since 2009.
In conjunction with this publication, a web table for new registrations and insolvencies of limited liability companies by municipality and region has been updated.
About the data
The data on new registrations and insolvencies is collected according to the ISAT2008 industry classification system for business sections and special aggregates defined by Statistics Iceland. The number of insolvencies for the latest month are temporary estimates and are subject to change with increased information on insolvency registrations from judicial authorities.