Home Goods Store Industry in Vestby: Current Status and Outlook

Overview of the industry

In Vestby, there are 11 companies registered within the home goods store industry, with a total of 68 employees in 2026. The industry has been marked by significant variations in sales and number of employees over time, with a decline of 25.5% in sales from 2016 to 2017, and a dramatic decline of 83.0% in 2020. However, there has been a gradual increase since 2021, with a rise of 23.9% in 2022. The most significant companies are AS-organized, with five such companies together accounting for 76 employees and NOK 448.4 million in operating income.

Sales and employees over time:

• Sales: In 2026, sales were NOK 56.4 million, representing a decline of 1.5% compared to 2025. The most significant year for sales was 2016 with NOK 466.7 million, but there have been large variations over time, including a sharp decline in 2020.
• Employees: The number of employees has varied between 66 and 80 over the past years, with an increase of 11.3% from 2021 to 2022. In 2026, there were 68 employees, which is a decline of 1.4% compared to 2025.

Key figures: The industry has an average operating margin of 2% and an EBITDA margin of 5%. The most profitable companies have an EBITDA margin of up to 14%, such as Kid Interiør As.

There are 11 companies registered within home goods store in Vestby, with the following organizational forms:

• AS: 5 companies, with a total of 76 employees and NOK 448.4 million in operating income.
• ENK: 6 companies, with 0 employees and 0 sales.

Important companies:

1. Nille Lager/logistikk (Stormåsan 19, Vestby): AS-organized, established in 1987, with 58 employees and NOK 435.3 million in sales.
2. Kid Interiør As (Senterveien 8, Vestby): AS-organized, established in 2013, with 6 employees and NOK 7.3 million in sales.
3. Princess Avd 436 Vestby (Senterveien 10, Vestby): AS-organized, established in 2013, with 5 employees and NOK 5.3 million in sales.

Notes: Several companies have 0 employees and 0 sales, which may indicate that they are newly started or not actively operating.

Vestby is the only city in the municipality with activity within the home goods store industry. Here, you find 5 companies and 76 employees. There is a clear concentration of activity in Vestby, with no activity registered in other cities or areas in the municipality.

Bankruptcies and operational status:

• There are no bankruptcies registered for companies within the home goods store industry in Vestby.
• Several companies have 0 employees and 0 sales, which may indicate that they are newly started or not actively operating. This may be an indication of a dynamic industry with both startups and declines in activity.

Operational results: The most profitable companies have an EBITDA margin of up to 14%, while other companies have lower margins. There is a large variation in operational results, which may be due to different market positions and operational strategies.

Outlook for founders

For founders considering starting a business activity within the home goods store industry in Vestby, it is important to be aware of the large variations in sales and operational results over time. The industry has been marked by both large declines and increases, which may indicate a dynamic market. However, there are no bankruptcies registered, which indicates a stable industry. Founders should also be aware that several companies have 0 employees and 0 sales, which may be an indication that there is room for new companies in the industry.

Financial services industry in Vestby has 16 companies, which is more than the 11 companies within the home goods store industry. Sales and number of employees have been more stable in this industry, with a decline of 25.1% from 2016 to 2017, but a gradual increase since 2021. The most significant companies in this industry include:

• Ark Vestby Storsenter Avd 1450 (Senterveien 8, 1543 Vestby): Bookstore, with 8 employees and NOK 12.1 million in sales.
• Galleri Soon As (Storgata 17, 1555 Son): Art gallery, with 8 employees and NOK 4.2 million in sales.

Contrast: While the home goods store industry has a more variable sales situation, the financial services industry has a more stable development. This may indicate that financial services are more robust in relation to market fluctuations.

Home goods store industry in Vestby has a dynamic development with both large declines and increases over time. There are 11 registered companies with a total of 68 employees, and the industry has been marked by variations in sales and operational results. There are no bankruptcies registered, which indicates a stable industry. Founders should be aware of the large variations in sales and operational results, as well as the opportunity to start new companies in the industry. SmartGrunder can help founders find suitable addresses in Vestby for this industry, based on natural prerequisites and market prospects.