Industry · municipality
The Clothing Store Industry in Vindafjord: Current Status and Future Perspectives
Analysis of the clothing store industry in Vindafjord municipality, focusing on companies, statistics, and outlooks for entrepreneurs and local decision-makers.
Brief overview of the clothing store industry in Vindafjord
The clothing store industry in Vindafjord has shown a mix of stability and variation in recent years. With four registered companies in the municipality, including two ASs and two ENKs, the industry is relatively small but includes some notable businesses. Sales have increased by 11.9% from 2024 to 2025, indicating a positive trend. However, the number of employees in the industry has decreased from 8 in 2016 to 6 in 2026, which may suggest an increase in automation or a reduction in the number of businesses. Ølen appears to be the hub of the industry, with two of the four companies located there. At the same time, there are no bankruptcy registrations for clothing stores in the municipality, indicating a relatively stable industry.
Economic overview of the clothing store industry
Sales for clothing stores in Vindafjord have shown an up and down movement in recent years. From 2016 to 2025, sales increased from NOK 4.7 million to NOK 7.6 million, with a strong increase of 28.7% from 2022 to 2023. This is a positive development, even though there have been periods of decline, such as from 2019 to 2020 when sales fell by 15.8%. The number of employees has been more variable, with a maximum of 11 in 2019 and a decline to 6 in 2026. This development may be due to both company mergers and an increase in efficiency. The industry has also shown a good EBITDA margin of 19% in 2023, indicating good operational efficiency.
Companies in the clothing store industry
In Vindafjord, there are four registered companies in the clothing store industry. The main companies are:
- Hans & Grete Ølen As (Ølen): AS legal form, established in 2012, 7 employees, sales of NOK 5.3 million in 2024.
- Myhre's Klær As (Ølen): AS legal form, established in 2016, 1 employee, sales of NOK 2.3 million in 2024.
- Lille Du Pedersen (Skjold): ENK legal form, established in 2024, 0 employees, no sales.
- Sawsmile Siczewski (Ølensvåg): ENK legal form, established in 2023, 0 employees, no sales.
The two ASs dominate the industry with 8 employees and higher sales than the two ENKs. Lille Du Pedersen and Sawsmile Siczewski are new companies that have not yet started operations.
Business geography
Ølen is the most important location for the clothing store industry in Vindafjord, with two of the four companies located there. The two companies in Ølen together have 8 employees and generate NOK 7.6 million in sales. The other two companies, Lille Du Pedersen and Sawsmile Siczewski, are located in Skjold and Ølensvåg, but have no employees or sales. This shows that Ølen is the only area in the municipality with an active clothing store industry.
Business dynamics
The clothing store industry in Vindafjord has been relatively stable with no bankruptcy registrations for companies in the industry. However, the number of employees in the industry has decreased from 8 in 2016 to 6 in 2026, which may indicate a reduction in the number of businesses or an increase in efficiency. Sales, however, have shown a positive trend, with an increase of 28.7% from 2022 to 2023. This shows that the industry has good operational efficiency and could be attractive for new investors.
Outlook for entrepreneurs
For entrepreneurs considering starting a clothing store in Vindafjord, the data show a positive sales trend, with an increase of 11.9% from 2024 to 2025. This may indicate growing customer demand and a good market for clothing stores. However, the industry is relatively small with only four companies, which could provide opportunities for competitive businesses. It is also important to note that the number of employees has decreased in recent years, which may indicate an increase in automation or a reduction in the number of businesses. Entrepreneurs should therefore consider focusing on efficiency and customer satisfaction to ensure good operational efficiency.
Outlook for the broader sector
The broader creative, arts, and entertainment activities sector in Vindafjord has 6 companies, showing that the clothing store industry is part of a larger sector. Sales for this sector have shown a similar trend to the clothing store industry, with an increase of 28.7% from 2022 to 2023. The number of employees, however, has fallen more drastically, from 16 in 2016 to 6 in 2023. This shows that the clothing store industry has better operational efficiency than other sectors in the broader creative, arts, and entertainment activities sector. Peer companies in this sector include Brukthjørna As and Ølen Brukthandel Sa, which are registered in the second-hand store industry. These companies, however, have no sales or employees, which may indicate a weak sector.
Other companies in kreative, kunst og underholdningsaktiviteter (not in clothing store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Brukthjørna As | second-hand goods store | Dreganesvegen 34, 5580 Ølen | NOK 0 | 4 | NOK 0 |
| Ølen Brukthandel Sa | second-hand goods store | Sjoargata 59, 5580 Ølen | NOK 0 | 0 | NOK 0 |
Conclusion
The clothing store industry in Vindafjord shows a mix of stability and variation. With a positive sales trend and no bankruptcy registrations, the industry is attractive for new investors. However, the industry is relatively small with only four companies, which could provide opportunities for competitive businesses. Entrepreneurs should consider focusing on efficiency and customer satisfaction to ensure good operational efficiency. SmartGrunder can help entrepreneurs find suitable addresses in Vindafjord for clothing stores, based on natural business opportunities.