The Cosmetics Retail Industry in Rana: Current Status and Future Prospects

The cosmetics retail industry in Rana shows a mix of stability and variation. Over the past years, sales have grown from NOK 12.2 million in 2016 to NOK 19.3 million in 2025, with an annual growth of 13% from 2024 to 2025. This indicates a positive trend, even though there have been periods of decline, such as between 2019 and 2020 when sales fell by 7.4%.

Regarding employees, the industry has been more volatile. The number of employees reached a maximum of 32 in 2021, but dropped to 19 in 2025 before rising to 24 in 2026. This shows fluctuations in workforce size, which may be due to variations in operations and business models.

The average EBITDA margin for the industry stands at 1%, indicating that many companies operate with margins in line with the industry average. However, some companies, such as Folk I Farta As, show negative EBITDA values, which may indicate economic challenges.

The table below provides a comparison of key figures for sales and employees over time:

This shows a clear increase in sales, but more volatility in the number of employees, which may be a challenge for future planning and development in the industry.

In total, there are 10 companies in the cosmetics retail industry in Rana, with a mix of organizational forms. Most companies are registered as AS (limited liability company), indicating that they are relatively large and well-organized. There are also some companies registered as ENK (sole proprietorship) and ANS (limited liability company), which often represent smaller or newly established companies.

The key companies in the industry include:

• Rituals Cosmetics Norway As Avd Amfi Mo I Rana – with 9 employees and an EBITDA of NOK 403.5 thousand.
• Parfymeriet Folk As – with 6 employees and an EBITDA of NOK 130 thousand.
• Clinique 82 Mo As – with 5 employees and an EBITDA of NOK 107 thousand.
• Folk I Farta As – with 4 employees and a negative EBITDA of NOK -291 thousand.
• Linda Elisabeth Hansen As – with 1 employee and an EBITDA of NOK 4 thousand.

There are also several other companies registered, but with no employees or income, such as E & T Karlsen Distribusjon Ans, Glowallyear Season Spirit By Storvoll, and Helene Budalbakk Enk. This may indicate that they are newly established or in an early stage of development.

The table below shows an overview of organizational forms and the number of companies:

This shows that most companies are registered as AS, indicating that they are relatively stable and well-organized companies.

The cosmetics retail industry in Rana is most concentrated in Mo I Rana, where there are 4 companies and 24 employees. This is the most active area in the municipality for this industry. In Storforsheia, there is only one company, Linda Elisabeth Hansen As, with 1 employee. This shows a clear concentration of activity in Mo I Rana, which is the most populated and economically central area in the municipality.

The table below shows a comparison of activity in the two areas:

This shows that Mo I Rana is the most important area for the industry, with both a higher number of companies, employees, and sales. Storforsheia has a very small presence, which may indicate lower market share or less competition in this area.

The industry in Rana shows a mix of stability and variation. There are no registered bankruptcies among the 10 companies in the industry, indicating that most companies have managed to survive over the past years. However, some companies show negative EBITDA values, which may indicate economic challenges.

Folk I Farta As has a negative EBITDA of NOK -291 thousand and a sales decline of 10% from 2024 to 2025. This may indicate that the company has been affected by economic challenges or competitive pressure. However, other companies, such as Rituals Cosmetics Norway As Avd Amfi Mo I Rana, have shown positive development with an 8% increase in sales and an EBITDA margin of 12%.

There are also several companies registered, but with no employees or income, such as E & T Karlsen Distribusjon Ans, Glowallyear Season Spirit By Storvoll, and Helene Budalbakk Enk. This may indicate that they are newly established or in an early stage of development. It is also possible that some of these companies are in a startup phase or have been affected by economic challenges.

The table below shows a comparison of EBITDA and sales for the key companies:

This shows that most companies have positive EBITDA values, but there are also some companies with negative values, which may indicate economic challenges.

For entrepreneurs considering starting a cosmetics retail store in Rana, the data show both opportunities and challenges. The industry has shown positive development in sales, with an increase of 13% from 2024 to 2025. This indicates a growing market, especially in Mo I Rana, where there is a high concentration of companies and employees.

However, the data also show variations in EBITDA and sales, which may indicate a mix of stable and unstable companies. This can be a challenge for new entrepreneurs, who must be aware of competition and economic conditions.

It is also possible to see that there are several companies registered, but with no employees or income, which may indicate opportunities for new companies in the industry. However, entrepreneurs must be aware that there may be competitive pressure in Mo I Rana, where there is a high concentration of companies.

It is also possible to see that there is a mix of older and newer companies, which may indicate opportunities for both establishment and development in the industry. This can be an advantage for entrepreneurs seeking to establish themselves in Rana, but it is also important to be aware of the economic challenges some companies have faced.

The cosmetics retail industry in Rana shows a mix of stability and variation. There is growing sales volume, with an increase of 13% from 2024 to 2025, indicating a growing market. However, the data also show variations in EBITDA and sales, which may indicate a mix of stable and unstable companies.

It is also possible to see that there are several companies registered, but with no employees or income, which may indicate opportunities for new companies in the industry. However, entrepreneurs must be aware that there may be competitive pressure in Mo I Rana, where there is a high concentration of companies.

It is also possible to see that there is a mix of older and newer companies, which may indicate opportunities for both establishment and development in the industry. This can be an advantage for entrepreneurs seeking to establish themselves in Rana, but it is also important to be aware of the economic challenges some companies have faced.

SmartGrunder can help entrepreneurs find suitable addresses in Rana for the cosmetics retail industry, based on data and market analyses. This can be an advantage for entrepreneurs seeking to establish themselves in the municipality.

The cosmetics retail industry in Rana shows a mix of stability and variation. There is growing sales volume, with an increase of 13% from 2024 to 2025, indicating a growing market. However, the data also show variations in EBITDA and sales, which may indicate a mix of stable and unstable companies.

It is also possible to see that there are several companies registered, but with no employees or income, which may indicate opportunities for new companies in the industry. However, entrepreneurs must be aware that there may be competitive pressure in Mo I Rana, where there is a high concentration of companies.

It is also possible to see that there is a mix of older and newer companies, which may indicate opportunities for both establishment and development in the industry. This can be an advantage for entrepreneurs seeking to establish themselves in Rana, but it is also important to be aware of the economic challenges some companies have faced.

SmartGrunder can help entrepreneurs find suitable addresses in Rana for the cosmetics retail industry, based on data and market analyses. This can be an advantage for entrepreneurs seeking to establish themselves in the municipality.