The Clothing Store Industry in Sola: Current Status and Future Outlook

Overview of the Clothing Store Industry in Sola

The clothing store industry in Sola is a mix of established and newer companies with variable economic development. In 2025, there are 21 registered companies in the industry, but only 16 of these have reported activities. The most significant companies are Airport Retail Norway As and So Stavanger As, which together account for over 90% of sales in the industry. There are also several small and newly established companies, such as Birdie & Bloom Rørvik and Conquer Studio Hersi, which have not yet reported revenues. The industry has been marked by large variations in sales and employees over time, with a sharp decline in 2020 and a gradual increase since then. EBITDA margins are at 5% for Sola and 0% for Tananger, showing that there are significant differences between the two areas.

Sales and Employee Development (2016–2025):

Key Figures for Sola and Tananger (2025):

• Sola: 2 companies, 26 employees, sales of 72.5M NOK, EBITDA of 4.2M NOK, EBITDA margin of 5%.
• Tananger: 1 company, 7 employees, sales of 0 NOK, EBITDA of 0 NOK, EBITDA margin of 0%.

The industry has experienced a sharp decline in sales and employees in 2020, but has since shown a gradual increase. EBITDA margins have been stable in Sola, while Tananger has had no activity.

Registered Companies in Sola (2025):

1. Airport Retail Norway As (AS) – 14 employees, sales of 60.9M NOK, EBITDA of 3.9M NOK.
2. So Stavanger As (AS) – 12 employees, sales of 11.6M NOK, EBITDA of 356K NOK.
3. Tananger Outlet As (AS) – 7 employees, sales of 0 NOK, EBITDA of 0 NOK.
4. Birdie & Bloom Rørvik (ENK) – 0 employees, sales of 0 NOK, EBITDA of 0 NOK.
5. Conquer Studio Hersi (ENK) – 0 employees, sales of 0 NOK, EBITDA of 0 NOK.
6. Fiora Studio Rodriguez Taveras (ENK) – 0 employees, sales of 0 NOK, EBITDA of 0 NOK.
7. Habte Mepicdreams (ENK) – 0 employees, sales of 0 NOK, EBITDA of 0 NOK.
8. Ikona As (AS) – 0 employees, sales of 0 NOK, EBITDA of 0 NOK.
9. Inc As (AS) – 0 employees, sales of 403K NOK, EBITDA of -100K NOK.
10. Incwear As (AS) – 0 employees, sales of 0 NOK, EBITDA of -6K NOK.
11. Jeeydee As (AS) – 0 employees, sales of 0 NOK, EBITDA of 0 NOK.
12. Langer Vormedal (ENK) – 0 employees, sales of 0 NOK, EBITDA of 0 NOK.
13. Malene Barneskatter As (KBO) – 0 employees, sales of 0 NOK, EBITDA of 0 NOK.
14. Minilin As (AS) – 0 employees, sales of 146K NOK, EBITDA of 7K NOK.
15. Smile Shop Thongkliang (ENK) – 0 employees, sales of 0 NOK, EBITDA of 0 NOK.

Organizational Forms:

• AS (Corporation): 3 companies, 33 employees, sales of 72.5M NOK, EBITDA of 4.2M NOK.
• ENK (Sole Proprietorship): 13 companies, 0 employees, sales of 0 NOK, EBITDA of 0 NOK.
• KBO (Controlled Publicly Traded Company): 1 company, 0 employees, sales of 0 NOK, EBITDA of 0 NOK.

Business Activity by Location in Sola (2025):

Details for Sola:

• Sola: 2 companies, 26 employees, sales of 72.5M NOK, EBITDA of 4.2M NOK, EBITDA margin of 5%.
• Tananger: 1 company, 7 employees, sales of 0 NOK, EBITDA of 0 NOK, EBITDA margin of 0%.

Sola is the most active area in the industry, with two companies and 26 employees. Tananger has only one company, Tananger Outlet As, which has not reported any sales or EBITDA.

Bankruptcies and Financial Challenges:

• No companies in the industry are registered as bankrupt: There are no bankruptcy-registered companies in the clothing store industry in Sola.
• Financial challenges for certain companies:
• Inc As: Has a negative EBITDA of -100K NOK and a negative operating result of -100K NOK.
• Minilin As: Has a negative sales growth of -54%, but a positive EBITDA of 7K NOK.
• Incwear As: Has a negative operating result of -6K NOK and a negative EBITDA of -6K NOK.

Conclusion: The industry has been stable in terms of bankruptcy, but certain companies have experienced financial challenges. It is important to monitor financial data to identify potential risk companies.

Outlook for Entrepreneurs

The clothing store industry in Sola offers both opportunities and challenges for new entrepreneurs:

• Opportunities:
• Stable market: Although the industry has had variations in sales and employees, it has shown a gradual increase since 2020.
• Established companies: There are established companies such as Airport Retail Norway As and So Stavanger As that can serve as partners or competitors.
• Low bankruptcy risk: There are no bankruptcy-registered companies in the industry, indicating a stable market structure.

• Challenges:
• Bankruptcy risk for certain companies: Companies such as Inc As and Incwear As have experienced financial challenges, which can affect the market.
• Bankruptcy risk for certain companies: Companies such as Inc As and Incwear As have experienced financial challenges, which can affect the market.

Recommendation: Entrepreneurs should consider establishing themselves in Sola, but should be prepared for bankruptcy risk from certain companies and closely monitor financial data.

Creative, Art, and Entertainment Activities in Sola (2025):

• Number of companies: 33 companies.
• Number of employees: 32 employees.
• Sales: 63.1M NOK.
• EBITDA: 0 NOK.

Comparison with the clothing store industry:

• Number of companies: Creative, art, and entertainment activities have 33 companies, while the clothing store industry has 21 companies.
• Number of employees: Creative, art, and entertainment activities have 32 employees, while the clothing store industry has 43 employees.
• Sales: Creative, art, and entertainment activities have 63.1M NOK in sales, while the clothing store industry has 63.1M NOK in sales.
• EBITDA: Creative, art, and entertainment activities have 0 NOK in EBITDA, while the clothing store industry has 4.2M NOK in EBITDA.

Peer companies in creative, art, and entertainment activities:

• Bridalbox As (knitting store) – 0 employees, 0 NOK in sales, 0 NOK in EBITDA.
• Crystallife Digital Otorokpo (knitting store) – 0 employees, 0 NOK in sales, 0 NOK in EBITDA.
• Drip Store As (second-hand store) – 0 employees, 0 NOK in sales, 0 NOK in EBITDA.
• Garnkroken Ans (knitting store) – 0 employees, 0 NOK in sales, 0 NOK in EBITDA.
• Gensieniec Lunavi (knitting store) – 0 employees, 0 NOK in sales, 0 NOK in EBITDA.
• Gottschalksen Holding As (knitting store) – 0 employees, 0 NOK in sales, 0 NOK in EBITDA.
• Hagens Retro (second-hand store) – 0 employees, 0 NOK in sales, 0 NOK in EBITDA.
• Os Antikk Og Brukt (second-hand store) – 0 employees, 0 NOK in sales, 0 NOK in EBITDA.
• Tananger Sko Da (shoe store) – 0 employees, 0 NOK in sales, 0 NOK in EBITDA.
• Verktøybørsen As (second-hand store) – 1 employee, 0 NOK in sales, 0 NOK in EBITDA.
• West Handel As (knitting store) – 0 employees, 0 NOK in sales, 0 NOK in EBITDA.

Conclusion: Creative, art, and entertainment activities have more companies and higher sales volume than the clothing store industry, but EBITDA margins are lower. It is important to monitor financial data to identify potential risk companies.

The clothing store industry in Sola offers both opportunities and challenges for new entrepreneurs. The industry has shown a gradual increase in sales and employees since 2020, but there are certain companies that have experienced financial challenges. There are no bankruptcy-registered companies in the industry, indicating a stable market structure. Entrepreneurs should consider establishing themselves in Sola, but should be prepared for bankruptcy risk from certain companies and closely monitor financial data. SmartGrunder can help entrepreneurs find suitable addresses in Sola for the clothing store industry.