Industry · municipality
The Cosmetics Retail Industry in Kvinnherad: Current Status and Future Opportunities
A detailed analysis of companies, economic trends, and geographic distributions
Executive Summary
The cosmetics retail industry in Kvinnherad is a small, dispersed sector with four registered companies. Over the past few years, the number of employees in the industry has shown a declining trend, from 5 employees in 2020 to 1 employee in 2024. Although all companies are registered as not bankrupt, economic data shows that both sales and operating results are zero for all registered years. This indicates an industry in stagnation or with very limited operational activities.
Economic Overview
Economic Trends
| Year | Number of Employees | Annual Change |
|---|---|---|
| 2016 | 2 | - |
| 2017 | 2 | +0.0% |
| 2018 | 3 | +50.0% |
| 2019 | 4 | +33.3% |
| 2020 | 5 | +25.0% |
| 2021 | 4 | -20.0% |
| 2022 | 3 | -25.0% |
| 2023 | 2 | -33.3% |
| 2024 | 1 | -50.0% |
The sales volume for the industry has been zero in all registered years (2016–2026). This may indicate that the companies either operate without business activity or that data is not available. The number of employees, however, has shown a significant decline since 2020, with a 50% reduction from 2020 to 2024.
Companies in the Industry
Registered Companies
Four companies are registered in the cosmetics retail industry in Kvinnherad:
- Ingrid Sundal (Guddalsvegen 13, Seimsfoss) – ENK, established 2010, 0 employees
- Myrvold Mary Kay Hudpleieprodukter (Ølvesvegen 210, Hatlestrand) – ENK, established 2022, 0 employees
- Myrvold Mary Kay Hudpleieprodukter (Ølvesvegen 210, Hatlestrand) – ENK, established 2021, 0 employees
- Vita 1631 Husnes Senter (Sentrumsvegen 15, Husnes) – AS, established 2014, 0 employees
All companies are registered as not bankrupt. Organizational forms include both sole proprietorships (ENK) and limited liability companies (AS). None of the companies report operating results, sales revenue, or salary costs.
Business Geography
Geographic Distribution
Cosmetics retail activity is spread across three neighborhoods in Kvinnherad:
| Neighborhood | Number of Companies |
|---|---|
| Seimsfoss | 1 (Ingrid Sundal) |
| Hatlestrand | 2 (Myrvold Mary Kay) |
| Husnes | 1 (Vita 1631) |
The highest concentration is found in Hatlestrand, where two companies operate at the same address. This may indicate a local business strategy or a specific market share in the area.
Business Dynamics
Operational Dynamics
The industry shows no bankruptcies among the registered companies, but no operational activity is reported. There is no publicly available data on bankruptcies or operational history for the four companies. The declining trend in the number of employees (from 5 in 2020 to 1 in 2024) may indicate a combination of market developments, economic pressures, or changes in business models.
Outlook
Future Outlook
For entrepreneurs in the cosmetics retail industry in Kvinnherad, the data may indicate a challenging market entry. This industry has shown very little activity over the past few years, with no sales revenue and a declining trend in the number of employees. This may be due to a combination of competing business models, changes in consumer preferences, or lack of market share.
Nevertheless, there may be opportunities for innovation or specialization in a local context. SmartGrunder can help entrepreneurs explore potential addresses in Kvinnherad that could provide natural advantages for a cosmetics retail store, based on demographics, traffic, and competitive landscape.
Conclusion
The cosmetics retail industry in Kvinnherad is a small, dispersed sector with four registered companies. Economic data shows stagnation in sales and a decline in the number of employees over the past few years. Although no companies are bankrupt, the data indicates an industry with limited operational activities. For entrepreneurs, this may be challenging, but SmartGrunder can help identify potential business locations with natural advantages within the municipality.