Industry · municipality

Home Retail in Vestvågøy

Published 29.09.2026

An analytical article on the industry, companies, and prospects in Vestvågøy

Executive Summary

Other Observations

Number of companies: There are 10 companies registered within the industry in Vestvågøy, with a distribution across organizational forms (AS, DA, ENK, ANS).
Location: Activity is concentrated in Leknes, with 4 companies and 62 employees.
Economic indicators: The most profitable companies have higher EBITDA margins (up to 14 %) and higher sales growth (25 %) compared to the average.
Different organizational forms: 4 AS companies make up 40 % of the companies, with 62 employees and 37.9 million NOK in operating income.
Different company types: There is also registered 1 DA, 1 ANS and 2 ENK companies, but these have no employees or income.
Different company types: There is also registered 1 DA, 1 ANS and 2 ENK companies, but these have no employees or income.

Economic Overview

Sales: Sales for home retail stores in Vestvågøy have grown from 27.0 million NOK in 2016 to 37.8 million NOK in 2024, before falling to 26.7 million NOK in 2025. The most significant growth was recorded between 2022 and 2023 (+25.3 %), while a sharp decline was recorded between 2024 and 2025 (-29.3 %).
Employees: The number of employees has varied between 45 and 60 over the years, with a significant increase from 2022 to 2023 (+33.3 %) and a decline from 2024 to 2025 (-1.7 %).
Trend analysis: Sales and number of employees have shown a more unstable trend after 2023, with a sharp decline in 2025. This may be due to variations in the market or specific conditions in the municipality.

Sales over time — home goods store — Vestvågøy

Number of companies — home goods store — Vestvågøy

Employees over time — home goods store — Vestvågøy

Companies in the Industry

Huset Glass Og Interiør As: Storgata 8, Leknes. AS, established 2001-03-10. 30 employees. Operating income: 14.6 million NOK. Sales: 14.6 million NOK. EBITDA: 436,000 NOK. EBITDA margin: 2 %.
Lofoten Gaver Og Brukskunst As: Storgata 38, Leknes. AS, established 1994-08-16. 17 employees. Operating income: 11.2 million NOK. Sales: 10.9 million NOK. EBITDA: 1.6 million NOK. EBITDA margin: 14 %.
Nille Leknes: Origosenteret, Leknes. AS, established 1992-05-01. 8 employees. Operating income: 0. Sales: 0. EBITDA: 0.
Kid Interiør As Avd 148 Leknes: Storgata 8, Leknes. AS, established 2017-11-15. 7 employees. Operating income: 12.2 million NOK. Sales: 12.2 million NOK. EBITDA: 1.8 million NOK. EBITDA margin: 14 %.
Kremmerhuset Ting & Sånt As Avd 287 Lofot Senteret: Storgata 8, Leknes. AS, established 2015-09-01. 0 employees. Operating income: 4.7 million NOK. Sales: 4.7 million NOK. EBITDA: -226,200 NOK. EBITDA margin: -4 %.
Leknes Lavpris Holding As: Busklia 8, Leknes. AS, established 2020-07-09. 0 employees. Operating income: 0. Sales: 0. EBITDA: -3,000 NOK. EBITDA margin: 0 %.
Lofoto Storeide Storeide Da: Storg, Leknes. DA, established 1988-08-11. 0 employees. Operating income: 0. Sales: 0. EBITDA: 0.
Lofotrgruppen Ans: Leknes. ANS, established 1997-08-01. 0 employees. Operating income: 0. Sales: 0. EBITDA: 0.
Melkersen Enk: Grundstadveien 588, Bøstad. ENK, established 2025-03-20. 0 employees. Operating income: 0. Sales: 0. EBITDA: 0.
Volnes Mikrobryggeri: Torvhaugveien 6, Valberg. ENK, established 2024-06-11. 0 employees. Operating income: 0. Sales: 0. EBITDA: 0.

Organizational form statistics: 4 AS companies make up 40 % of the companies, with 62 employees and 37.9 million NOK in operating income. They have an average EBITDA margin of 10 % and an average EBITDA per employee of 74,000 NOK.

Business Geography

Leknes: There are 4 companies registered in Leknes, with 62 employees. Operating income: 37.9 million NOK. Sales: 37.7 million NOK. Wages: 10.5 million NOK. Operating profit: 3.4 million NOK. EBITDA: 3.8 million NOK. Gross margin: 3920 %. Operating margin: 9 %.
Other cities: There are no registered companies in other cities in Vestvågøy.
Concentration: Activity is concentrated in Leknes, with 4 companies and 62 employees. There is no activity in other cities in the municipality.

Companies by place — home goods store — Vestvågøy

Business Dynamism

Bankruptcies: No bankruptcies are registered for home retail stores in Vestvågøy.
Stability: All companies are in operation, and no bankruptcies are registered. This indicates a stable industry in the municipality.
Different company types: 4 AS companies, 1 DA, 1 ANS and 2 ENK companies are registered. Most companies have employees, but some have no employees or income.
Different company types: 4 AS companies, 1 DA, 1 ANS and 2 ENK companies are registered. Most companies have employees, but some have no employees or income.

Outlook

Trend analysis: Sales and number of employees have shown a more unstable trend after 2023, with a sharp decline in 2025. This may be due to variations in the market or specific conditions in the municipality.
Competitiveness: The most profitable companies have higher EBITDA margins (up to 14 %) and higher sales growth (25 %) compared to the average.
Outlook for entrepreneurs: It is possible to start a new store in Vestvågøy, but it is important to be aware of the unstable trends in sales and number of employees after 2023. It is also important to analyze competitors and their financial results.
Outlook for entrepreneurs: It is possible to start a new store in Vestvågøy, but it is important to be aware of the unstable trends in sales and number of employees after 2023. It is also important to analyze competitors and their financial results.

Outlook for Financial Services

Trend analysis: Sales for financial services in Vestvågøy have grown from 33.8 million NOK in 2016 to 44.2 million NOK in 2024, before falling to 32.8 million NOK in 2025. The most significant growth was recorded between 2022 and 2023 (+20.0 %), while a sharp decline was recorded between 2024 and 2025 (-25.8 %).
Employees: The number of employees has varied between 50 and 64 over the years, with a significant increase from 2022 to 2023 (+28.0 %) and a decline from 2024 to 2025 (-1.6 %).
Competitiveness: Financial services have a higher sales volume compared to home retail stores, but they also have a more unstable trend after 2023. There are also more companies in financial services (13) compared to home retail stores (10).
Peer companies: 3 peer companies in financial services are registered, which are not home retail stores. These companies have a lower sales volume and no employees or income.

Sales in the parent industry — finansielle tjenester — Vestvågøy

Companies in the parent industry — finansielle tjenester — Vestvågøy

Employees in the parent industry — finansielle tjenester — Vestvågøy

Other companies in finansielle tjenester (not in home goods store)

Company	Industry	Address	Sales	Employees	EBITDA
Rødsand Libris Leknes	bookstore	Storgata 8, 8370 Leknes	NOK 6.1M	4	NOK 761.8K
Kunstpausen Keramikk Gry A Strømnes	art gallery	Øyanveien 10, 8340 Stamsund	NOK 0	0	NOK 0
Plategeir Produksjon Johansen	art gallery	Nygårdsbakken 9, 8370 Leknes	NOK 0	0	NOK 0

Conclusion

Summary: Home retail stores in Vestvågøy have shown a more unstable trend after 2023, with a sharp decline in 2025. There are also 10 companies registered in the industry, with a concentration in Leknes.
Outlook: It is possible to start a new store in Vestvågøy, but it is important to be aware of the unstable trends in sales and number of employees after 2023. It is also important to analyze competitors and their financial results.
Recommendation: Entrepreneurs should consider starting a new store in Vestvågøy, but it is important to be aware of the unstable trends in sales and number of employees after 2023. It is also important to analyze competitors and their financial results.