Home Goods Store Industry in Nesodden: A Comprehensive Overview

Nesodden has 16 companies within the home goods store industry, but only two of these have employees and operate actively. The industry shows significant variations in sales and revenue over time, with a peak in 2022 (NOK 10.9M in sales) and a decline in 2024 (NOK 6.1M). There are no registered bankruptcies, but some companies report negative EBITDA values. The industry is concentrated in Nesoddtangen, with little activity in other parts of the municipality. For founders, this may indicate a special market advantage in Nesoddtangen, but with a need for strategic planning due to the industry's uncertainty.

Sales and employee development (2016–2025):

Sales experienced a sharp decline in 2019 and 2020, but recovered in 2021 and reached a maximum in 2022. Employee numbers increased from 2020 to 2022, but have since declined. The industry shows significant uncertainty, with a decline of 42% from 2023 to 2024.

There are 16 companies registered in Nesodden within the home goods store industry, but most have 0 employees and 0 sales. The two most actively operating companies are:

1. Princess Avd 626 Nesodden (Vestveien 51, Nesoddtangen)

• Organisatorform: AS
• Employees: 8
• Sales: NOK 5.3M
• EBITDA: NOK 122.4K

1. Nille Nesodden (Vestveien 51, Nesoddtangen)

• Organisatorform: AS
• Employees: 8
• Sales: NOK 0
• EBITDA: NOK 0

Most companies are ENK (sole proprietorships) and have no operating profit. No companies are bankrupt, but some have negative EBITDA values, such as Km Trading & Ingrids Agentur As (EBITDA: -NOK 5.0K).

Activity distributed across locations in the municipality:

The industry is concentrated in Nesoddtangen, where the two most actively operating companies are located. Other parts of the municipality have companies, but no employees or sales. This suggests there is a special market advantage in Nesoddtangen, but little activity in other areas.

Bankruptcy and financial stability:

• No bankruptcy registrations for companies in the industry in Nesodden.
• Km Trading & Ingrids Agentur As has a negative EBITDA (-NOK 5.0K) and high debt (NOK 962.0K), which may indicate financial challenges.
• Most companies have 0 sales and 0 operating profit, showing that the industry is uncertain and heavily dependent on a few active companies.

The industry is stable on the bankruptcy front, but financial uncertainty among some companies may affect future development.

For founders in the home goods store industry in Nesodden, the following considerations may be important:

• Concentration in Nesoddtangen: There is a clear market advantage in Nesoddtangen, where the two most actively operating companies are located. This can be an advantage for new companies seeking to establish themselves in the area.
• Uncertainty in the industry: Sales and employees have been highly variable over time, with significant declines in 2019–2020 and 2023–2024. This requires a strategic approach to ensure stability.
• Competitiveness: With so few active companies, it may be possible to establish oneself, but it is important to differentiate and adapt to local conditions.

SmartGrunder can help founders find suitable addresses in Nesodden for this industry, based on natural conditions and market prospects.

Financial services industry in Nesodden has:

• 23 companies (compared to 16 in the home goods store industry).
• Higher sales: In 2022, financial services had NOK 11.0M in sales, compared to NOK 10.9M for home goods store.
• Larger number of employees: In 2022, financial services had 34 employees, compared to 20 for home goods store.

Peer companies in financial services (not in home goods store):

Financial services have a more stable development, with less variation in sales and employees. This can give founders in home goods store an opportunity to collaborate with companies in this broader industry to develop.

Home goods store industry in Nesodden is small, with 16 companies, but only two of these are actively operating. The industry shows significant variation in sales and employees over time, with a peak in 2022 and a decline in 2024. There are no bankruptcy registrations, but some companies have negative EBITDA values. The industry is concentrated in Nesoddtangen, which can be an advantage for new companies. For founders, it is important to be strategic and adapt to local conditions, as the industry is uncertain. SmartGrunder can help find suitable addresses in Nesodden for this industry.