Industry · municipality
The Cosmetics Industry in Notodden: Key Figures, Companies, and Outlooks
An analytical overview of the industry in Notodden municipality based on market data and company information (2016–2026).
Top of the list: Key figures and development
The cosmetics industry in Notodden has a small but dynamic structure. There are a total of four companies registered in the municipality, with 16 employees in 2026. The workforce has been unstable over time, with a significant increase from 2024 to 2026 (+60%). Sales experienced an extreme increase from 2016 to 2017 (+9917%), but fell to zero in 2020 before a mild recovery in 2021. This shows a large variation in the industry's economic development.
Company Structure and Organizational Forms
The four companies in Notodden are divided into two AS companies and two ENK companies. The AS companies dominate with 16 employees, while the ENK companies have no employees. This suggests that the larger companies are more stable, while the newer ENK companies (founded in 2024 and 2025) have not yet established themselves economically.
Economic Overview
Sales and Employees: Large variation over time
Sales (NOK):
| Year | Sales (NOK) |
|---|---|
| 2016 | 103.0K |
| 2017 | 10.3M |
| 2018 | 19.5M |
| 2019 | 20.9M |
| 2020 | 0 |
| 2021 | 144.4K |
Employees:
| Year | Number of employees |
|---|---|
| 2016 | 6 |
| 2017 | 5 |
| 2018 | 1 |
| 2019 | 0 |
| 2020 | 5 |
| 2021 | 6 |
| 2022 | 5 |
| 2023 | 6 |
| 2024 | 11 |
| 2025 | 10 |
| 2026 | 16 |
The extreme increase in sales from 2016 to 2017 was followed by a gradual increase until 2019, before a total decline in 2020. The workforce had a similar but less extreme variation, with a significant increase from 2023 to 2024.
Companies in the Industry
The following companies are registered in Notodden:
- St Notodden As (Tuvenbøygen 2) – AS, 11 employees
- Vita 1424 Tuven Senter (Tuven senteret) – AS, 5 employees
- Kaste Lille Skatt (Tinnegrendvegen 39) – ENK, 0 employees
- Parfymebiblioteket Tatiana Stankiewicz (Landstads gate 3) – ENK, 0 employees
The organizational forms are divided into 2 AS companies and 2 ENK companies. None of the companies are registered in bankruptcy, according to the data.
Geographic Distribution
All four companies in the industry are located in Notodden. There is no sub-counting of activity in sub-areas. There are 2 companies and 16 employees registered in the municipality in total.
Operational Dynamics and Bankruptcy Statistics
None of the four companies in the industry are registered in bankruptcy. This indicates that the industry has been relatively stable over time, even though sales and employees have been unstable. The most extreme variation in sales and employees occurred between 2016 and 2020, with a total decline in sales in 2020.
Outlook for Entrepreneurs
The industry shows both opportunities and challenges for new entrepreneurs in Notodden:
- Opportunities:
- Increase in employees from 2023 to 2026 (+60%) shows growing interest in the sector.
- Focus on AS as a stable organizational form.
- Bankruptcy-free industry.
- Challenges:
- Unstable sales with extreme variation over time.
- Lack of details about sales after 2021.
- Small number of companies (4) in the municipality.
SmartGrunder can help entrepreneurs find suitable locations in Notodden for the cosmetics industry, based on data and local conditions.
Conclusion
The cosmetics industry in Notodden has a small but dynamic structure with four companies and 16 employees. Although sales and employees have been unstable, the industry is bankruptcy-free. The growing interest in the sector (especially since 2023) and focus on AS as an organizational form can be positive signals for new entrepreneurs. However, it is important to be aware of the industry's historical variations in sales and employees.