home goods store in Vennesla

Executive Summary

In Vennesla, 12 companies are registered in the home goods store industry, but the number of employees has fallen from 19 in 2016 to 9 in 2026. Sales have been unstable, with a sharp decline of 99.1% from 2023 to 2024. The industry shows signs of decline, but there are no registered bankruptcies. The companies are primarily organized as ENK (sole proprietorships) and AS (limited liability companies), with Nille Vennesla as the only company with employees (9 people).

Brief Overview:

• Number of companies: 12
• Number of employees (2026): 9
• Sales (2025): NOK 9.0K
• Bankruptcy: No registered cases

Economic Overview

Sales and Employee Development (2016–2026):

Sales have declined sharply, with a drop of 99.1% from 2023 to 2024. The number of employees has also fallen continuously, from 19 in 2016 to 9 in 2026. The most dramatic sales decline occurred in 2024, while employees have decreased by 57.9% over the same period.

Reasons for the decline:

• Increased bankruptcy risk in adjacent sectors
• Economic pressure from crises and higher operating costs
• Smaller customer base in small town areas

List of companies in Vennesla (2026):

Organizational Form:

• AS (2 companies): Nille Vennesla and Kamelon Interiør & Styling As
• ENK (10 companies): Most companies are sole proprietorships with 0 employees

Activity distributed across locations in Vennesla (2026):

Key Addresses:

• Venneslamoen 14: Nille Vennesla (9 employees)
• Sentrumsvegen 6C: To3design Torbjørn Østrem (2 employees)
• Venneslamoen 38: Kamelon Interiør & Styling As (0 employees)

Observation: Activity is concentrated in central areas, but most companies have no employees and no sales.

Bankruptcy Statistics (2026):

• No registered bankruptcies in the industry in Vennesla.

Development in operating results:

• Kamelon Interiør & Styling As had a negative EBITDA of NOK -1.0K in 2026, despite sales of NOK 9.0K.
• Most companies have no operating results and no sales.

Conclusion: The industry shows signs of decline, but there are no bankruptcies. Many companies have no operating results and are able to operate without employees.

For founders:

• Development: The industry has been declining in recent years, with falling sales and employees. There are no bankruptcies, but there is a clear trend toward reduced activity.
• Opportunities: There may be opportunities to establish oneself in Vennesla with a unique offering or strong online presence. Companies such as Nille Vennesla and Kamelon Interiør & Styling As can be good examples of how to operate with few employees.

Recommendation: Founders should consider establishing themselves in Vennesla with an innovative approach, especially in areas with a high customer base and good infrastructure.

Comparison with Financial Services:

• Number of companies: Financial services have 20 companies, while home goods store has 12 companies.
• Sales: Financial services had sales of NOK 13.7M in 2016, while home goods store had NOK 9.1M in the same year.
• Employees: Financial services had 25 employees in 2016, while home goods store had 19 employees.

Peer companies in financial services:

• Norli Ringo Vennesla (bookstore): NOK 12.3M in sales and 7 employees
• Vennesla Bokhandel As (bookstore): NOK 155.0K in sales and 0 employees
• Scandinavian Twist As (art gallery): NOK 58.0K in sales and 0 employees

Conclusion: Financial services have a more stable development compared to home goods store, with higher sales and more employees.

The home goods store industry in Vennesla shows signs of decline, with falling sales and employees. There are no bankruptcies, but there is a clear trend toward reduced activity. Founders should consider establishing themselves in Vennesla with an innovative approach, especially in areas with a high customer base and good infrastructure. Financial services have a more stable development compared to home goods store, with higher sales and more employees.