The Hair Salon Industry in Harstad: Key Figures, Companies, and Outlook

Overview of the Hair Salon Industry in Harstad

Harstad has an active hair salon industry with 49 registered companies in the municipality, 16 of which are listed with detailed financial data. The industry has been marked by a gradual decline in both sales and number of employees over the past few years, with a total decline of 11.5% in the number of employees and 10.5% in sales since 2018. The EBITDA margin stands at 7%, indicating a relatively stable operating result for the most profitable companies. However, there are significant variations between individual companies, with some achieving high margins (e.g., Regnbuen Hårsenter with 16%) and others reporting negative values (e.g., Alven Dame Og Herrefrisør with 0% EBITDA margin).

Sales Development and Employees:

Key Figures:

• Average EBITDA margin: 7%
• Average sales per employee: NOK 664,000
• Average operating result per employee: NOK 43,700
• Total operating result for the industry: NOK 3.5M
• Total debt: NOK 14.9M
• Total equity: NOK 9.8M

Registered Companies:

• Total: 49 companies
• Listed companies: 16 companies with detailed financial data
• Organizational form: All companies are AS (30 companies, 78 employees)

Key Companies:

1. Juvelen Spa & Frisør As (Storgata 1, Harstad)

• 8 employees
• Sales: NOK 4.9M
• EBITDA: NOK 437,000
• EBITDA margin: 8%

1. Nikita Hair Avd Skillevegen Harstad (Skilleveien 5, Harstad)

• 6 employees
• Sales: NOK 8.6M
• EBITDA: NOK 568,600
• EBITDA margin: 6%

1. Pryd Av Capelli As (Rikard Kaarbøs gate 9, Harstad)

• 6 employees
• Sales: NOK 6.3M
• EBITDA: NOK 839,000
• EBITDA margin: 13%

Special Cases:

• Raus Frisørene As and Muskan Skjønnhetsstudio As have no sales or operating result.
• Alven Dame Og Herrefrisør As has negative EBITDA (NOK -16,000) and 0% margin.

Distribution of Companies in the Municipality:

• Harstad: 29 companies, 72 employees, sales of NOK 47.7M, EBITDA of NOK 3.5M
• Sørvik: 1 company, 6 employees, sales of NOK 2.6M, EBITDA of NOK -16,000

Key Figures per Area:

Conclusion: Harstad is the dominant area for the hair salon industry, with significantly higher sales and operating results compared to Sørvik. Sørvik has a very low EBITDA margin and negative operating result for the single company.

Operational Dynamics and Bankruptcy Statistics

Bankruptcy and Financial Health:

• No companies in the industry are bankrupt (all are marked as not bankrupt)
• Negative operating result: 2 companies (Alven Dame Og Herrefrisør As and Sayso Hair & Style Avd Kanebogen)
• Zero sales: 4 companies (Raus Frisørene As, Muskan Skjønnhetsstudio As, Sayso Hair & Style Avd Kanebogen, Klippsi As)

Operating Result per Company:

• Best performing: Regnbuen Hårsenter As (NOK 754,000 operating result, 16% EBITDA margin)
• Worst performing: Alven Dame Og Herrefrisør As (NOK -16,000 operating result, 0% EBITDA margin)

Conclusion: The industry has a relatively stable financial health, but there are significant variations between individual companies. Some companies achieve high margins, while others have very low or negative operating results.

Outlook for Entrepreneurs

Trend Analysis:

• Sales: Decline of 10.5% since 2018, with a significant decline of 11.1% in 2021
• Employees: Decline of 26.9% since 2016, with a significant decline of 11.5% in 2024
• EBITDA margin: Stable at 7%, but with significant variations between companies

Opportunities and Challenges:

• Opportunities: High EBITDA margins for some companies (e.g., Regnbuen Hårsenter As with 16%)
• Challenges: Decline in sales and number of employees, as well as some companies with negative operating results

Recommendation: Entrepreneurs should consider establishing themselves in Harstad, where there is a larger customer base and higher sales compared to Sørvik. There are also opportunities to achieve high EBITDA margins, but it is important to be aware of the economic challenges in the industry.

Comparison with the Barber Salon Industry:

• Number of companies: 64 companies in the barber salon industry (vs. 49 in the hair salon industry)
• Sales: NOK 58.5M in 2025 (vs. NOK 47.0M in the hair salon industry)
• Employees: 97 employees in 2026 (vs. 77 employees in the hair salon industry)

Peer Companies in the Barber Salon Industry:

Conclusion: The barber salon industry has a slightly better financial health compared to the hair salon industry, with higher sales and number of employees. However, there are also more companies in the barber salon industry reporting zero sales or EBITDA.

The hair salon industry in Harstad has shown a gradual decline in both sales and number of employees over the past few years, but there are still opportunities for entrepreneurs wishing to establish themselves in the municipality. Harstad is the dominant area for the industry, with significantly higher sales and operating results compared to Sørvik. There are also opportunities to achieve high EBITDA margins, but it is important to be aware of the economic challenges in the industry. SmartGrunder can help entrepreneurs find suitable addresses in Harstad for the hair salon industry, with a focus on areas with good operating results and potential customer bases.