Hair Salon Industry in Time Municipality: A Comprehensive Analysis

Hair salons in Time municipality constitute an important part of the local service sector. With 54 registered companies in the industry, and a combination of established and new players, data shows a dynamic industry. There is particularly active activity in Bryne, with 12 companies and 76 employees, while Kvernaland and Lye have fewer, but still significant presence. Economic data shows stable development over the past few years, with variations in EBITDA margins and wage expenses. A simple analysis of bankruptcy statistics and organizational forms also provides insight into the industry's structure and challenges.

Over the past few years, the hair salon industry in Time municipality has shown relatively stable development. Sales figures have varied between NOK 40.6 million and NOK 44.9 million, with an increase of 17.7% from 2020 to 2021. The number of employees was 83 in 2023, and has since increased to 89 in 2025. This shows that the industry has managed to adapt to economic variations, even though there have been small declines in some years. The EBITDA margin is at 7%, showing good cost control in many of the companies.

In Time municipality, there are 54 companies registered in the hair salon industry. The most well-known companies include Frisørsenteret Bryne As, Nikita Hair Avd Bryne M44, and Ester Royal As, all of which have been operational for several years and have a good market share. Most companies are organized as AS, with 13 companies in this form, while there are two companies organized as ENK. The most active companies have higher sales and EBITDA, while some newer companies have lower revenues and employees.

The hair salon industry in Time municipality is most concentrated in Bryne, where there are 12 companies and 76 employees. Kvernaland has 2 companies and 8 employees, while Lye has one company with 1 employee. Bryne also has higher sales (NOK 40.9 million) and better EBITDA margins (7%) compared to Kvernaland (5%) and Lye (0%). This shows that Bryne is an important central town for the hair salon industry in the municipality, with higher activity and better economic results.

One bankruptcy has been registered in the hair salon industry in Time municipality, namely Ahrum As in Bryne. This company had 0 employees and 0 sales, indicating that it has not been operational. Although the bankruptcy statistics show a simple challenge, there are no indications that the industry as a whole is in danger. Most companies have good financial health, and there are no major downward trends in the number of employees or sales over the past few years.

For entrepreneurs considering establishing themselves in the hair salon industry in Time municipality, data shows a stable and growth-oriented industry. With 54 companies and a good distribution of employees and sales, it is possible to find a place in the market. Bryne is particularly interesting due to high activity and better economic results. It is also possible to utilize existing infrastructure and customer bases. SmartGrunder can help find optimal addresses and locations in the municipality for a new hair salon.

When comparing the hair salon industry with the broader hairdressing salon group in Time municipality, data shows that the hairdressing salon has more companies (89) and a slightly higher number of employees (101 in 2025). Sales figures for the hairdressing salon are at NOK 55.8 million in 2025, which is higher than the hair salon industry. This shows that the hairdressing salon is a larger and more diversified industry. Nevertheless, the hair salon industry has good financial health, with higher EBITDA margins in some areas. Peer companies in the hairdressing salon include Topp Til Tå Velvære As and Elvira Effects As, which have higher sales and employees than many hair salons.

The hair salon industry in Time municipality shows stable and growth-oriented development. With 54 companies, good distribution of employees and sales, as well as good financial health, it is an attractive industry for entrepreneurs. Bryne is particularly interesting due to high activity and better economic results. It is also possible to utilize existing infrastructure and customer bases. SmartGrunder can help find optimal addresses and locations in the municipality for a new hair salon.