Cosmetics Packaging in Øygarden: Industry Analysis and Development Trends

The cosmetics packaging industry in Øygarden municipality consists of 17 registered companies, with a mix of established and new players. The main areas of activity are located in Straume and Ågotnes, where 2 and 1 companies are registered respectively. Øygarden has experienced stable growth in the number of employees, increasing from 16 in 2016 to 20 in 2026. Although there have been variations in sales revenue over the years, there has been a significant increase from 2023 to 2025, from NOK 10.2 million to NOK 26.1 million. The industry shows a mix of both AS and ENK companies, with AS companies dominating in terms of number of employees and revenue. There are no registered bankruptcies in the industry, indicating a stable industry structure.

Øygarden has experienced dynamic development in the cosmetics packaging industry in recent years. Sales revenues have varied, with a significant increase from 2023 to 2025, from NOK 10.2 million to NOK 26.1 million. This is an increase of over 150% over two years. The number of employees has grown from 16 in 2016 to 20 in 2026, with an average annual increase of approximately 2.5 employees. EBITDA margins are at 6% for AS companies and 7% for ENK companies, indicating relatively good profitability. There are no registered bankruptcies in the industry, indicating a stable industry structure. The main companies are primarily AS companies, with a dominant role in terms of number of employees and revenue.

In Øygarden, there are 17 companies registered in the cosmetics packaging industry, with the following organizational forms:

• AS (Anonymous companies): 3 companies, with a total of 21 employees, NOK 45.3 million operating income, and NOK 45.1 million sales revenue.
• ENK (Sole proprietorships): 14 companies, with 0 employees and 0 sales revenue.
• DA (Diverse companies): 1 company, with 0 employees and 0 sales revenue.

The main companies in the industry are:

1. Rituals Cosmetics Norway As Avd Sartor – 12 employees, NOK 11.2 million operating income, NOK 11.2 million sales revenue.
2. Kicks Norge As Avd 733 Sartor – 7 employees, NOK 33.0 million operating income, NOK 32.8 million sales revenue.
3. Neia Beauty As – 2 employees, NOK 1.1 million operating income, NOK 1.1 million sales revenue.

Most companies are ENKs, but the most active companies are ASs with higher revenue and number of employees.

Cosmetics packaging activity in Øygarden is distributed across two main areas: Straume and Ågotnes. In Straume, there are 2 registered companies with a total of 19 employees, NOK 44.3 million operating income, and NOK 44.1 million sales revenue. In Ågotnes, there is 1 registered company with 2 employees, NOK 1.1 million operating income, and NOK 1.1 million sales revenue. Straume has significantly higher activity than Ågotnes, with higher revenue, more employees, and better economic results. In Straume, the EBITDA margin is 6%, while in Ågotnes it is -7%, showing large differences in profitability between the two areas.

The cosmetics packaging industry in Øygarden has been relatively stable over the years, with no registered bankruptcies. However, there have been variations in economic results between companies. For example, Neia Beauty As in Ågotnes has experienced a negative operating result of NOK -96,000 and an EBITDA of NOK -84,000, indicating challenges for small companies in the area. On the other hand, Rituals Cosmetics Norway As Avd Sartor in Straume has experienced a positive operating result of NOK 862,200 and an EBITDA of NOK 1.4 million, showing that companies with higher revenue and number of employees have better economic results. There are no bankruptcies, but there are challenges for small companies in Ågotnes.

Outlooks for the cosmetics packaging industry in Øygarden look promising, especially with the significant increase in sales revenue from 2023 to 2025. This indicates growing demand for cosmetics products in the municipality. There is also growth in the number of employees, from 16 in 2016 to 20 in 2026, showing that the industry has been able to attract labor over the years. For new entrepreneurs, this can be a good opportunity, especially in Straume where more companies are registered and better economic results are achieved. However, there are challenges for small companies in Ågotnes, and there may be a need for support to ensure their survival. There are also opportunities to develop new companies in the area, especially with the growing demand for cosmetics products.

The cosmetics packaging industry in Øygarden has shown stable development over the past few years, with a significant increase in sales revenue from 2023 to 2025. There are 17 registered companies in the industry, with a mix of AS and ENK companies. The main companies are in Straume, where 2 companies are registered with higher revenue and number of employees. There are no registered bankruptcies, indicating a stable industry structure. For new entrepreneurs, there may be opportunities in Straume, especially with the growing demand for cosmetics products. However, there are challenges for small companies in Ågotnes, and there may be a need for support to ensure their survival. SmartGrunder can help entrepreneurs find suitable addresses in the municipality for this industry.