The Cosmetics Retail Industry in Lindesnes: Current Situation and Future Prospects

The cosmetics retail industry in Lindesnes has shown both strong growth and challenges over time. Sales experienced a dramatic increase of +1407.5% from 2018 to 2019, reaching NOK 2.7 million. This was followed by a decline of -12.3% in 2020, with sales at NOK 2.4 million. In 2023, 6 employees were recorded, increasing to 9 employees in 2024 before being reduced to 6 employees in 2026. This indicates some uncertainty in employee numbers, especially after 2021, when all employees were recorded as 0.

Table: Sales and employees over time

Important note: Sales and employee figures for 2021–2026 are based on reported data, and these figures may not fully reflect the current situation.

There are 7 companies in the cosmetics retail industry registered in Lindesnes. Most are ENK (sole proprietorships), with 1 AS (limited liability company), namely Parfymeri Sør AS. The most relevant companies are:

• Parfymeri Sør AS (Skarvøyveien 55, Mandal): AS-form, 4 employees, established 2022-10-01.
• Aanesen (Kniben 15, Mandal): ENK, 0 employees, established 2024-08-05.
• Birkeland (Klostergården 8, Holum): ENK, 0 employees, established 2024-01-30.
• Drønen Hudpleie Og Makeup (Spangereidveien 1071, Lindesnes): ENK, 0 employees, established 2024-08-13 and 2024-03-01.
• Hildegunn Uglem Flåt (Hangargata 13, Mandal): ENK, 0 employees, established 2014-12-16 (oldest company in the industry).
• Mangelrød Lykkebo (Audnedalsveien 385, Lindesnes): ENK, 0 employees, established 2021-01-25.

Organizational form statistics: There is 1 AS and 6 ENK companies in the industry. The AS form is the only one with employees (4 employees in Parfymeri Sør AS).

Cosmetics retail activity in Lindesnes is primarily concentrated in Mandal, where 1 company location is registered. Although other suburbs such as Holum and Lindesnes also have companies, Mandal is the most important center for the industry. There is 1 company location in Mandal, with 4 employees and 0 sales reported. Other companies are distributed across Holum and Lindesnes, but these have not reported sales or employees.

Mapping of company locations:

The industry has shown greater stability in bankruptcy statistics, with no bankruptcy registrations for companies in the cosmetics retail industry in Lindesnes. This indicates that companies in the industry have been able to survive crises, even though there have been periods of greater uncertainty in sales and employees.

Bankruptcy statistics:

• No bankruptcy registrations for companies in the industry in Lindesnes.
• No bankrupt companies in the industry.

Important note: Although there are no bankruptcies registered, the industry has shown greater variations in sales and employees, especially after 2020. This may be due to external factors such as the pandemic or local market conditions.

The cosmetics retail industry in Lindesnes has shown strength during growth periods, especially in 2019, but also challenges in the form of declining sales and uncertainty in employee numbers. This may indicate that the industry is sensitive to external factors, such as pandemics or local economic conditions.

Potential development paths for entrepreneurs:

• Useful locations for entrepreneurs: It is possible to find locations in Lindesnes where natural development for cosmetics stores is feasible, especially in Mandal, where there is already a company location.
• Support from existing companies: There are 7 companies in the industry, which can provide networking and experience for new entrepreneurs.
• Focus on stability: With no bankruptcy registrations and greater growth in employees in 2024, the industry can be a stable choice for entrepreneurs seeking to establish themselves in Lindesnes.

SmartGrunder can help entrepreneurs find locations in Lindesnes where natural development for cosmetics stores is feasible.

The cosmetics retail industry in Lindesnes has shown both strength and uncertainty over time. With 7 companies and no bankruptcy registrations, the industry is relatively stable. This can provide opportunities for new entrepreneurs seeking to establish themselves in Lindesnes. At the same time, sales and employee figures show that the industry is sensitive to external factors, such as pandemics or local economic conditions.

Important for entrepreneurs: It is possible to find locations in Lindesnes where natural development for cosmetics stores is feasible, especially in Mandal. With support from existing companies and stability in bankruptcy statistics, the industry can be a good choice for entrepreneurs seeking to establish themselves in Lindesnes.

The cosmetics retail industry in Lindesnes has shown strength during growth periods, especially in 2019, but also challenges in the form of declining sales and uncertainty in employee numbers. This may indicate that the industry is sensitive to external factors, such as pandemics or local market conditions. With 7 companies and no bankruptcy registrations, the industry is relatively stable. This can provide opportunities for new entrepreneurs seeking to establish themselves in Lindesnes.