Party Shop Industry in Bodø: Current Status and Outlook

Industry Overview

The party shop industry in Bodø is represented by one active company, Partyman Bodø, which operates from Storgata 17 in the municipality. The only registered company is an AS with 22 employees and an annual operating income of NOK 7.9 million. Although the industry is small, data shows that it has been relatively stable over time, with a single company that has managed to cope with market fluctuations. There are no bankruptcy registrations in the industry, which indicates a certain level of economic security.

Key Figures and Development

Partyman Bodø's annual revenue has shown variations, with a peak of NOK 10.9 million in 2022 and a decline to NOK 7.3 million in 2024. The EBITDA margin is at 3%, which shows that the operating result is relatively low compared to sales. Employees have grown from 9 in 2020 to 16 in 2022, but have remained stable since 2023. This indicates that the company has managed to cope with personnel fluctuations without losing a large number of employees.

The industry has shown a complex development over the past few years. Sales had a decline of 6.8% from 2016 to 2017, but later showed a strong increase of 33.5% from 2021 to 2022. This increase was followed by a decline of 30.1% in 2024, which may indicate market fluctuations or specific challenges for Partyman Bodø. Employees have grown by 33.3% from 2020 to 2021, but have not grown further since 2022. This shows that the company has managed to cope with personnel fluctuations without significantly increasing the number of employees.

Key Figures in Table Form

The table shows that EBITDA has remained stable over time, even though revenue has varied. This indicates that operating costs have been controlled, even though revenue had a decline in 2024.

The industry in Bodø is represented by one active company: Partyman Bodø AS. The company was founded in 1984 and has an organizational form as AS. It has 22 employees and is registered in Bodø municipality. The company has not been bankrupt, which indicates a certain level of economic stability. There are no other companies in the industry registered in the municipality, which shows that the market is highly concentrated around one company.

Organizational Forms

All companies in the industry are registered as AS. There are no companies with other organizational forms such as sole proprietorships or limited liability companies. This indicates that the industry is dominated by larger companies with a high degree of responsibility and capital.

Key Figures for Companies

The table shows that the company has a relatively low EBITDA margin compared to revenue, which may indicate high operating costs or low pricing.

The industry in Bodø is entirely concentrated in the municipality's main town, Bodø. There is one company registered in the municipality, and this company operates in the town. There are no companies registered in other districts or municipalities in Nordland. This indicates that the market is highly localized and depends on the presence of a single company in the municipality's main town.

Key Figures for Districts

The table shows that the entire industry is represented in the municipality's main town, which could be a challenge for future development if the company does not expand to other areas.

The industry has been relatively stable over time, with no bankruptcy registrations. This indicates that the company has managed to cope with market fluctuations without losing operational capability. However, revenue has shown significant variations, with a decline of 30.1% in 2024 compared to 2023. This may indicate specific challenges for Partyman Bodø, which may be related to competition, costs, or changes in customer needs.

Bankruptcy Statistics

The table shows that the industry has been without bankruptcy over the past few years, which indicates a certain level of economic stability.

For founders considering starting a business in the party shop industry in Bodø, data shows that the market is very small and dominated by one company. This can be both an opportunity and a challenge. On one hand, it may be possible to establish oneself in a market with little bankruptcy and a stable company. On the other hand, it may be challenging to compete with an already established company that has a certain market share.

Possible Challenges

• Competitiveness: With one company in the market, it may be challenging to compete on price and quality.
• Market Fluctuations: Revenue has shown significant variations, which can be a challenge for a new company.
• Operating Costs: The EBITDA margin is relatively low, which may indicate high operating costs.

Possible Opportunities

• Market Size: With one company in the market, it may be possible to establish oneself in a market with little bankruptcy and a stable company.
• Stable Market: The industry has been without bankruptcy over the past few years, which indicates a certain level of economic stability.
• Local Presence: The market is concentrated in the municipality's main town, which can be an advantage for a company wishing to establish itself in a local market.

The broader industry public administration and defense in Bodø has a completely different dynamic compared to the party shop industry. This industry has a much larger number of companies (10) and a much higher revenue (NOK 46.0M in 2023). However, it has shown significant variations in revenue, with a decline of 35.4% from 2016 to 2017 and an increase of 139.6% from 2018 to 2019. This shows that the industry is more vulnerable to external factors such as political changes or economic fluctuations.

Key Figures for Public Administration and Defense

The table shows that revenue has shown significant variations, with a decline of 35.4% from 2016 to 2017 and an increase of 139.6% from 2018 to 2019. This shows that the industry is more vulnerable to external factors such as political changes or economic fluctuations.

Peer Companies in Public Administration and Defense

The table shows that peer companies in public administration and defense have a much higher revenue and EBITDA compared to the party shop industry. This indicates that public administration and defense is a more stable and high-value industry compared to the party shop industry.

The party shop industry in Bodø is represented by one company, Partyman Bodø AS, which has shown a relatively stable development over the past few years. The industry has been without bankruptcy and has managed to cope with market fluctuations. However, revenue has shown significant variations, with a decline of 30.1% in 2024 compared to 2023. This may indicate specific challenges for the company, which may be related to competition, costs, or changes in customer needs.

For founders considering starting a business in the industry, data shows that the market is very small and dominated by one company. This can be both an opportunity and a challenge. On one hand, it may be possible to establish oneself in a market with little bankruptcy and a stable company. On the other hand, it may be challenging to compete with an already established company that has a certain market share.

Compared to the broader industry public administration and defense in Bodø, data shows that the party shop industry is less stable and has lower revenue. This indicates that public administration and defense is a more stable and high-value industry compared to the party shop industry.