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Small businesses have woeful survival rate in Denmark

Christian Wenande
October 4th, 2021


This article is more than 3 years old.

According to figures from 2013-2018, under 50 percent of micro enterprises are still in operation five years after being launched 

Within five years, the bulbs are off for most small firms (photo:

According to UK business loan firm money.co.uk, Denmark has a feeble track record when it comes to producing lasting micro enterprises – businesses with less than ten employees.

Money.co.uk looked into the performance of 28 European countries from 2013-18 and found that Denmark rated last for five-year business survival rates.

Of the 8,213 micro enterprises established in 2013, only 3,458 (or 42 percent) had survived by 2018.

READ ALSO: Denmark sees highest consumer price hike in almost a decade

France tops list
That ratio was the worst overall, behind fellow strugglers UK (43 percent), Poland (44), Iceland  (45) and Turkey (46).

Meanwhile, France scored best in Europe with a five-year survival rate of 75 percent, followed by Sweden (73) and Slovakia (70).

Other notables included the Netherlands (66 percent), Belgium (60), Finland (58), Norway (53) and Germany (47).

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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”