Industry · municipality
The Clothing Store Industry in Lindesnes: Current Status and Outlook
Analysis of the Clothing Store Industry in Lindesnes Municipality, Focusing on Companies, Statistics, and Opportunities for New Entrants.
Brief Overview of the Clothing Store Industry in Lindesnes
The clothing store industry in Lindesnes is an important part of the local business structure, with 16 registered companies in the municipality (total of 25 companies in the area). The industry has shown variations in sales development and number of employees over time, with a significant decline in 2025. Although there are no registered bankruptcies in the sector, some companies show negative EBITDA values, which may indicate increased challenges. Prospects for new entrants are mixed, with opportunities in Mandal and potential risks related to market development.
Economic Overview of the Clothing Store Industry
Sales Development
Sales for clothing stores in Lindesnes increased from 2016 to 2024, reaching a peak of NOK 116 million in 2024. This was followed by a sharp decline of 35.7% in 2025, down to NOK 74.5 million. This is a significant decline that may affect competition and operational security for many companies.
Number of Employees
The number of employees has shown a decline over time, from 133 in 2016 to 99 in 2026. This development has been gradual, with some years of minor increases, but an overall downward trend.
Table: Sales and Employees Over Time
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 108.9M | 133 |
| 2024 | 116.0M | 112 |
| 2025 | 74.5M | 107 |
Conclusion
The industry has shown both growth and decline over time, with a significant decline in 2025. This may affect future investment and operational security for existing companies.
Companies in the Clothing Store Industry
Registered Companies
The following companies are registered in the clothing store industry in Lindesnes:
- H & M Hennes & Mauritz As Avd 876 Mandal – 24 employees, sales of NOK 38.2M, EBITDA of NOK 1.7M.
- Check Point As – 9 employees, sales of NOK 4.4M, EBITDA of NOK 14.0K.
- Icon Mandal – 9 employees, sales of NOK 0, EBITDA of NOK 0.
- Dressmann As Avd 245 Mandal – 7 employees, sales of NOK 11.9M, EBITDA of NOK 1.9M.
- Cubus Mandal Avd 88d – 6 employees, sales of NOK 12.7M, EBITDA of NOK 1.2M.
Organizational Forms
All companies in the industry are registered as AS (Limited Company), which indicates a standardized organizational structure in the municipality.
Business Geography of the Clothing Store Industry
Distribution by City/Location
Clothing stores in Lindesnes are primarily located in Mandal, which has 15 companies and 99 employees. Mandal is therefore the most important city for this industry in the municipality. There are no registered companies in other cities in Lindesnes.
Table: Distribution by City/Location
| City/Location | Number of Companies | Number of Employees |
|---|---|---|
| Mandal | 15 | 99 |
| Other Cities | 0 | 0 |
Conclusion
Mandal is the only location in Lindesnes with clothing stores, which underscores the importance of this city for the industry.
Business Dynamics and Bankruptcies
Bankruptcy Statistics
There are no registered bankruptcies in the clothing store industry in Lindesnes over time. This is a positive indicator for operational security in the sector.
Companies with Negative EBITDA
Some companies have negative EBITDA values, which may indicate increased operational challenges:
- Zavanna Alti Mandal Avd 519 – EBITDA of NOK -467.0K.
- Image Mandal As – EBITDA of NOK -706.0K.
- Kleopatra Mote As – EBITDA of NOK -34.0K.
Conclusion
Although there are no bankruptcies, some companies show negative EBITDA values, which may be a warning for new entrants.
Prospects for New Entrants in the Clothing Store Industry
Prospects for New Entrants
Prospects for new entrants in the clothing store industry in Lindesnes are mixed. The large sales decline in 2025 (35.7%) is a significant challenge, but there are also opportunities in Mandal, which is the only location with companies in the industry. This may indicate a market concentration, which could benefit new entrants who can adapt to local needs.
Recommendation
It is important to analyze local market needs and competitive solutions before investing. SmartGrunder can help find optimal addresses in Lindesnes for this industry.
Outlook for Creative, Arts, and Entertainment Activities
Comparison with Broader Sector
The clothing store industry is part of the broader sector Creative, Arts, and Entertainment Activities, which has 42 companies in Lindesnes. This sector has a slightly better sales development than the clothing store industry, with a decline of 33.2% in 2025, compared to 35.7% for clothing stores.
Table: Sector Comparison
| Sector | Number of Companies | Sales in 2025 (NOK) | Employees in 2026 |
|---|---|---|---|
| Clothing Store | 25 | 74.5M | 107 |
| Creative, Arts, and Entertainment | 42 | 81.1M | 127 |
Peer Companies in Broader Sector
The following companies in the broader sector are not registered in the clothing store industry:
- Tønnesen 1937 As Avd Nett – Shoe store, sales of NOK 9.0M, EBITDA of NOK 684.8K.
- Euro Sko Øvrebyen Mandal – Shoe store, sales of NOK 0, EBITDA of NOK 0.
- Lille Danske As – Second-hand store, sales of NOK 0, EBITDA of NOK 0.
Conclusion
The broader sector has more companies and slightly better sales development, which may offer opportunities for actors looking to expand into related sectors.
Other companies in kreative, kunst og underholdningsaktiviteter (not in clothing store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Tønnesen 1937 As Avd Nett | footwear store | Store Elvegate 18, 4514 Mandal | NOK 9.0M | 4 | NOK 684.8K |
| Brukt Og Antikk Johansen | second-hand goods store | Sølvbergveien 22J, 4520 Lindesnes | NOK 0 | 0 | NOK 0 |
| Butikk Brukte Ting Alexander Choruzyk | second-hand goods store | Kyllinggata 32, 4521 Lindesnes | NOK 0 | 0 | NOK 0 |
| Dodalun Lunde | second-hand goods store | Gamleveien 8B, 4520 Lindesnes | NOK 0 | 0 | NOK 0 |
| Euro Sko Øvrebyen Mandal | footwear store | Skarvøyveien 55, 4517 Mandal | NOK 0 | 6 | NOK 0 |
| Foreningen Kirkesenterets Venner | second-hand goods store | c/o Aud Laila Klungland Lund|Rennesveien 112, 4513 Mandal | NOK 0 | 0 | NOK 0 |
| Grain&groove By Mol | second-hand goods store | Skjernøyveien 438, 4516 Mandal | NOK 0 | 0 | NOK 0 |
| Isblikk Design As | knit store | Almeveien 1, 4515 Mandal | NOK 0 | 0 | NOK 0 |
| Joffen Terje Hoffmoen | knit store | Brodersens gate 1A, 4515 Mandal | NOK 0 | 0 | NOK 0 |
| Lille Danske As | second-hand goods store | Keiser Nicolaus gate 6, 4515 Mandal | NOK 0 | 0 | NOK 0 |
| Retroteket, Kristensen | second-hand goods store | Holbæk Eriksens gate 9A, 4517 Mandal | NOK 0 | 0 | NOK 0 |
| Solskjerming Sør Da | knit store | Ousland, 4516 Mandal | NOK 0 | 0 | NOK 0 |
| Sørens Eftf. Janet Sauvik Valand | second-hand goods store | Gustav Vigelands vei 1B, 4514 Mandal | NOK 0 | 0 | NOK 0 |
| Tønnesen 1937 As Avd Mandal | footwear store | Store Elvegate 18, 4514 Mandal | NOK 0 | 18 | NOK 0 |
| Vibb Vintage Songe | second-hand goods store | Systadveien 20, 4516 Mandal | NOK 0 | 0 | NOK 0 |
| Vivian Hommen Retro/antikk Online | second-hand goods store | c/o Vivian Hommen|Halshaug terrasse 3, 4514 Mandal | NOK 0 | 0 | NOK 0 |
| Cecilie H As | knit store | Poppelveien 20, 4515 Mandal | NOK 0 | 0 | NOK -1.0K |
Conclusion
The clothing store industry in Lindesnes has both opportunities and challenges. With Mandal as the main hub for the industry, it is possible to leverage local concentration, but the significant sales decline in 2025 is a serious warning. The broader sector Creative, Arts, and Entertainment Activities has better sales development and more companies, which may be an important reference for new entrants. SmartGrunder can help find optimal addresses in Lindesnes for this industry.