Industry · municipality
The Home Trade Shop Industry in Vågan: A Comprehensive Analysis
Companies, statistics, and outlook for entrepreneurs in Vågan, Nordland
Business Geography
Other observations
- Svolvær is the most active area with 2 companies and 14 employees, while Henningsvær has 1 company and 6 employees.
- Kid Interiør As and Princess Avd 150 Svolvær are the most well-known companies in Svolvær, with high sales figures and EBITDA.
- Engelskmannsbrygga As in Henningsvær has lower sales, but stable operations.
- Mathisens Hus and Nille Svolvær have no operational activity, which may indicate newly established or inactive companies.
Operational Dynamics and Competitiveness
- No bankruptcies registered in the industry in Vågan, indicating stable operations.
- Fluctuation in employees and sales over the years, with an increase from 2016 to 2024, but a decline in 2025.
- Highest EBITDA margin (14%) at Kid Interiør As, while Princess Avd 150 Svolvær has the lowest EBITDA margin (2%).
- Gross margin varies significantly, with Kid Interiør As at 12089% and Engelskmannsbrygga As at 29%.
Outlook for Entrepreneurs
- Stable market with 5 companies and 29 employees in 2026, but with a decline in 2025.
- Svolvær stands out as a business location, with higher sales and more companies.
- Competitiveness is high, particularly in Svolvær, where Kid Interiør As and Princess Avd 150 Svolvær dominate.
- SmartGrunder can help entrepreneurs find suitable locations in Vågan for this industry, with a focus on Svolvær and Henningsvær.
Outlook for Financial Services
- Financial services have higher sales (NOK 50.1M in 2025) compared to home trade shops (NOK 23.9M in 2025).
- More companies in financial services (12) compared to home trade shops (5).
- Peer companies in financial services include Audhild Viken Avd Svolvær (NOK 64.2M in sales) and Ark Svolvær Avd 9570 (NOK 12.1M in sales).
- EBITDA for financial services is higher (NOK 7.3M for Audhild Viken Avd Svolvær) compared to home trade shops (NOK 1.8M for Kid Interiør As).
Other companies in finansielle tjenester (not in home goods store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Audhild Viken Avd Svolvær | souvenir store | Torget 2, 8300 Svolvær | NOK 64.2M | 8 | NOK 7.3M |
| Ark Svolvær Avd 9570 | bookstore | Lofotgata 33, 8300 Svolvær | NOK 12.1M | 6 | NOK 1.8M |
| Arctic Lights Lofoten | bookstore | Lofotgata 40, 8300 Svolvær | NOK 1.5M | 1 | NOK 185.3K |
| Galleri Dagfinn Bakke As | art gallery | Rich Withs gate 4, 8300 Svolvær | NOK 434.0K | 1 | NOK 1.0K |
| Galleri Stig Tobiassen | art gallery | Kirkegata 9, 8300 Svolvær | NOK 0 | 0 | NOK 0 |
| Galleri Lofoten As | art gallery | Misværveien 18, 8312 Henningsvær | NOK 3.0M | 0 | NOK -15.0K |
| Galleri Skrova As | art gallery | Uraveien 23, 8320 Skrova | NOK 0 | 0 | NOK -34.0K |
Conclusion
- The home trade shop industry in Vågan has stable operations with 5 companies and 29 employees in 2026.
- Svolvær stands out as a business location, with higher sales and more companies.
- Competitiveness is high, particularly in Svolvær, where Kid Interiør As and Princess Avd 150 Svolvær dominate.
- SmartGrunder can help entrepreneurs find suitable locations in Vågan for this industry, with a focus on Svolvær and Henningsvær.
