The Hair Salon Industry in Vindafjord: A Comprehensive Overview

The hair salon industry in Vindafjord is a stable but dynamic sector with 20 registered companies in the municipality. Although the number of employees has varied over the years, sales have shown a general upward trend until 2022, followed by a slight decline in 2025. Ølen is the most active area with four companies and 14 employees, while Skjold has one company with two employees. None of the companies in the sector have gone bankrupt, indicating a relatively stable market structure. For entrepreneurs, this may present an opportunity, but it is important to be aware of competition and market developments.

Sales in the hair salon industry in Vindafjord have shown a complex development over the years. From 2016 to 2022, sales increased from NOK 7.3 million to NOK 12.1 million, before declining slightly in 2025 (NOK 10.8 million). The number of employees has varied, increasing from 14 in 2016 to 21 in 2022, before being reduced to 15 in 2025. This shows that the sector has experienced both growth and decline periods but has remained relatively stable over time. It is important to note that sales increased sharply by 25.3% from 2021 to 2022, which could be due to increased demand or expanded offerings.

In Vindafjord, there are 20 registered companies in the hair salon industry, but only 16 of these are reported with detailed data. The most well-known companies include:

• Ølen Frisørsalong As (founded 1965, 6 employees)
• Sax Design As (founded 2018, 4 employees)
• Frisørhuset As (founded 2003, 3 employees)
• Siri M. Hårstudio As (founded 2019, 2 employees)
• California Nails As (founded 2017, 1 employee)

Most companies are organized as AS (5 companies), while some are ENK or ANS. There are no companies in the sector that have gone bankrupt, indicating a stable market structure.

The most active companies in the hair salon industry are located in Ølen and Skjold:

• Ølen: 4 companies, 14 employees, sales of NOK 3.1 million, operating income of NOK 3.1 million.
• Skjold: 1 company, 2 employees, sales of NOK 1.7 million, operating income of NOK 1.7 million.

Ølen has a higher competitive intensity with more companies, while Skjold has a smaller but more stable company. This could be an important factor for entrepreneurs considering establishing themselves in the municipality.

The sector has been relatively stable with no bankruptcy reports in recent years. Although some companies have experienced declines in sales and operating income (such as California Nails As, which had a 73% sales decline in 2024), no companies have gone bankrupt. This suggests that the sector has a certain level of resilience, despite variations in individual company performance. It is also important to note that companies like Siri M. Hårstudio As have shown positive development with an EBITDA margin of 13% in 2024.

Outlook for Entrepreneurs

For entrepreneurs considering establishing themselves in the hair salon industry in Vindafjord, it is important to be aware of both opportunities and challenges. The sector has shown general sales growth until 2022, but there has been a decline in 2025. This may indicate increased competitive pressure or changes in customer demand. Nevertheless, there are no bankruptcy reports, suggesting that the market structure is stable. Entrepreneurs should also consider establishing themselves in Ølen, which has more companies and a higher competitive intensity, or in Skjold, which has a smaller but more stable market.

Outlook for the Overarching Industry (Hair Salon)

The overarching industry hair salon in Vindafjord has 26 companies, showing that it is broader than the hair salon sector. Sales and the number of employees have shown a similar development to the hair salon sector, with an increase until 2022 and a decline in 2025. There are also more companies in the overarching industry related to beauty salons and skincare salons, which could provide entrepreneurs with opportunities to establish themselves in a broader sector. It is important to note that these companies are not included in the hair salon sector, which may affect competitive pressure.

The hair salon industry in Vindafjord is a stable but dynamic sector with opportunities for entrepreneurs. Although there have been variations in sales and the number of employees over the years, the sector has shown a relatively stable market structure without bankruptcy reports. Entrepreneurs should consider establishing themselves in Ølen or Skjold, depending on whether they wish to compete in a more competitive market or a more stable one. It is also important to be aware of developments in the overarching industry hair salon, which may affect competitive pressure and opportunities for new companies.