Hamar, Stange | Bankruptcy Alert: – If items cost more than NOK 1,000, they will not be sold

Hamar, Stange |  Bankruptcy Alert: – If items cost more than NOK 1,000, they will not be sold

(Nettavisen/Hamar Arbeiderblad): Nettavisen has access to brand new bankruptcy numbers from Dun & Bradstreet.

A total of 332 bankruptcies were registered in January: 81 in the construction sector, 76 in the retail sector, and 33 in hotels and restaurants. Here in Hedmarken, six companies were declared bankrupt in January: among them Automobile Hamar.

In a major interview with HA on Friday, Omar Elarabi Zohar and his son spoke frankly about the bankruptcy and the fact that they believe they were misled.

-It is heavy on lead. I cried some nights. It's difficult because…

“You feel this is unfair,” his son Sakariyas intervenes.

Kari Mette Almskog, a senior director at Dun & Bradstreet, told Nettavisen that the warning lights turn on specifically for retail.

– I think there is a simple explanation for this: most people have got less money, interest rates are rising, and everything that can be bought is becoming more expensive, not least the food that everyone should have. She says this means you have less money to buy things.

Watch the full interview with her here:

Trend: – Items worth more than NOK 1,000 are not sold

She highlights the trend:

-We've talked to some of our customers, and what they see as a trend is that expensive items are not selling. Low price chains report that goods worth more than NOK 1,000 are not sold.

Although we only have a month left in the new year, Dun & Bradstreet analyzes indicate that there will be more bankruptcies than last year and in the pandemic years. Maybe also in previous years.

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– Most people cannot afford it. A weak krona means higher prices, higher interest rates, and stocks in many companies being depleted.

Elevil prices: – Save NOK 14,000

When Dun & Bradstreet looks into the astrology ball, these are the industries that will be hit hardest:

– Hotels, restaurants, retail and construction are the ones that will suffer the most this year, as was the case last year.


– Bad neighborhood for hotels and restaurants

– What developments do you see within hotels and restaurants?

– The numbers are looking very good for January, but there will likely be only a slight delay after many businesses spent money on hotels and restaurants before Christmas. We know that the first quarter tends to be very bad months for hotels, and with the current private economy, we expect an increasing trend of bankruptcies here.

Selling Teknikmagasinet after bankruptcy: Ellevilt prices cut

– What do you know about how many people were liquidated before declaring bankruptcy?

-We have a fair number of “deletions”. The only thing you can't look at is the development from month to month.

Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

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