Bankruptcies continue to decline, down 7 percent in February

In February, 856 limited liability companies went bankrupt, according to figures from Creditsafe, compared with 924 in the same month a year earlier.

Almost 1,900 employees were affected by the bankruptcies, 28 percent fewer than in February last year.

"A clear break in the trend. Although the recovery is cautious and we may see occasional months of increases during the year, the development is more stable than before," said Henrik Jacobsson, CEO of Creditsafe, in a press release.