Cosmetics Industry in Trondheim: Business Analysis and Development Trends

Other Observations

Trondheim has a relatively stable cosmetics industry with 16 registered companies in the municipality, although only 11 of these report activities. There are no registered bankruptcies in the industry, indicating a stable sector. Trondheim and Tiller are the two main areas for the cosmetics industry, with Trondheim as the main hub and Tiller as an important secondary location.

Development Trends

Sales in the industry experienced a sharp decline in 2023, but rebounded with an 116.6% increase in 2024. This may indicate that market conditions have improved, or that there has been a significant adjustment in business models. Employees have shown a more gradual decline since 2022, with a reduction from 158 to 136 in 2026. This may be a result of streamlining or changes in business strategies.

Organizational Structures

Most companies in the industry are organized as AS, with 14 companies in this form. This suggests a dominance of larger, more stable companies in the industry. There are also some sole proprietorships, but they have fewer employees and often no income.

Geographic Distribution

Trondheim is the most important area for the cosmetics industry, with 11 companies and 99 employees. Tiller has 3 companies and 33 employees, but shows higher income growth (8%) and better EBITDA margins (12%) compared to Trondheim. This may indicate that Tiller has a more competitive cosmetics industry, or that there is a more specialized market share in this area.

Sales Development

Sales in the cosmetics industry in Trondheim have shown significant variation over the years. It had a sharp increase from 2016 to 2022, with an increase from NOK 68.4 million to NOK 137.5 million. Then it had a sharp decline in 2023, with a reduction of 42.1%, before rebounding with an 116.6% increase in 2024. This may indicate that there has been a significant adjustment in business models or market conditions in 2023, which has led to a significant revival in 2024.

Employee Development

The number of employees in the industry has shown a more gradual variation over the years. It had an increase from 142 to 167 employees from 2016 to 2018, before having a decline to 125 employees in 2020. Then it had a gradual increase to 158 employees in 2023, before having a decline to 136 employees in 2026. This may indicate that there has been a gradual streamlining or changes in business strategies over the years.

Registered Companies

In Trondheim, there are 16 registered companies in the cosmetics industry, although only 11 of these report activities. The most important companies in the industry are:

• Rituals Cosmetics Norway As with branches in Trondheim and Tiller, with high revenues and EBITDA margins.
• Kicks Norge As with multiple branches in Trondheim and Tiller, but with lower revenues and EBITDA margins.
• Fredrik & Louisa As with a branch in Trondheim, with high revenues and EBITDA margins.
• Parfymeri Østhus As with a branch in Trondheim, with high revenues and EBITDA margins.
• Beauty By Sunni As and London Calling As as new companies in the industry, with lower revenues and EBITDA margins.

Organizational Structures

Most companies in the industry are organized as AS, with 14 companies in this form. This suggests a dominance of larger, more stable companies in the industry. There are also some sole proprietorships, but they have fewer employees and often no income.

Trondheim

Trondheim is the most important area for the cosmetics industry, with 11 companies and 99 employees. It has high revenue (NOK 112.4 million) and high EBITDA margins (7%). It also has a high gross profit (1691%) and high operating profit (4%). This indicates that Trondheim has a more stable and competitive cosmetics industry, with high revenues and high profits.

Tiller

Tiller has 3 companies and 33 employees, but shows higher revenue growth (8%) and better EBITDA margins (12%) compared to Trondheim. It also has a high gross profit (2695%) and high operating profit (7%). This indicates that Tiller has a more competitive cosmetics industry, or that there is a more specialized market share in this area.

Bankruptcy Statistics

There are no registered bankruptcies in the cosmetics industry in Trondheim, indicating a stable industry. This may be a result of a good business strategy, or that there is a high degree of diversification in the industry. There are also no companies in the industry that are in bankruptcy, indicating that there is a high degree of stability in the industry.

Bankruptcy Participants

There are no companies in the industry that are in bankruptcy, indicating that there is a high degree of stability in the industry. This may be a result of a good business strategy, or that there is a high degree of diversification in the industry.

Outlook for Entrepreneurs

Outlooks for entrepreneurs in the cosmetics industry in Trondheim are relatively stable, with a high degree of stability in the industry. There are no registered bankruptcies, indicating that there is a high degree of stability in the industry. There is also a high degree of diversification in the industry, with several companies in different areas. This can be an advantage for entrepreneurs who want to start a new business model in the industry.

Outlook for Existing Companies

Existing companies in the industry have a high degree of stability, with high revenues and high profits. This can be an advantage for existing companies that want to expand their market share or diversify their business model. There are also opportunities for collaboration between existing companies and entrepreneurs to create new business models in the industry.

The cosmetics industry in Trondheim is a relatively stable industry with 16 registered companies and no registered bankruptcies. There is a high degree of diversification in the industry, with several companies in different areas. This can be an advantage for entrepreneurs who want to start a new business model in the industry. There are also opportunities for collaboration between existing companies and entrepreneurs to create new business models in the industry. Outlooks for entrepreneurs in the industry are relatively stable, with a high degree of stability in the industry.