Industry · municipality
Cosmetics Retail in Vestby: Current Status and Future Prospects
Analysis of businesses, economic trends, and opportunities for entrepreneurs in Vestby
Brief overview of cosmetics retail in Vestby
Cosmetics retail in Vestby has a complex history with both strong growth and periods of decline. In 2025, the industry achieved revenue of NOK 4.0 million, a significant increase compared to 2021 (NOK 352,000). Meanwhile, the number of employees in the industry has varied greatly, with a peak of 12 employees in 2017 and a decline to zero in several years before a resurgence in 2026 (11 employees). The only company with positive operating results is Rituals Cosmetics Norway As, which reports an operating result of NOK 246,300 and an EBITDA margin of 12%. The industry shows signs of stabilization, but with significant variations between individual companies.
Economic trends and statistics
Economic trends
| Year | Revenue (NOK) | Number of employees |
|---|---|---|
| 2016 | 0 | 10 |
| 2017 | 0 | 12 |
| 2018 | 0 | 11 |
| 2019 | 9,037 | 3 |
| 2020 | 221,391 | 0 |
| 2021 | 352,000 | 0 |
| 2022 | 0 | 0 |
| 2023 | 0 | 0 |
| 2024 | 0 | 0 |
| 2025 | 4,000,000 | 3 |
| 2026 | — | 11 |
Revenue experienced an extreme increase of +2349.8% from 2019 to 2020, but fell back to zero in 2022. The most significant growth occurred in 2025, with an increase of +1111.1% compared to 2021. The number of employees experienced a dramatic decline from 12 in 2017 to zero in 2020, followed by an increase in 2025 and 2026. This indicates uncertainty in the industry, but also potential for future growth.



Companies in the cosmetics retail industry
Registered companies
In Vestby, there are 13 cosmetics retailers, with the following business structures:
- AS (Limited Liability Company): 2 companies (Rituals Cosmetics Norway As, Js Studio As)
- ENK (Sole Proprietorship): 9 companies
- DA (Partnership): 1 company (I Nuet Da)
The most interesting companies are:
- Rituals Cosmetics Norway As (Vestbyveien 155): AS structure, 15 employees, revenue of NOK 3.2 million, operating result of NOK 246,300 and EBITDA of NOK 403,500.
- Js Studio As (Njords vei 19): AS structure, 0 employees, revenue of NOK 352,000 and EBITDA margin of 31%.
- Felya As (Verpetveien 17): AS structure, 0 employees, but with a negative operating result of NOK -24,000.
Most companies have either zero employees or very low revenue, indicating an uncertain industry structure.
Geographic distribution of companies
Geographic distribution
All 13 companies in the industry are registered in Vestby, but they are distributed across different addresses:
- Vestby: 5 companies (including Rituals Cosmetics Norway As)
- Son: 8 companies (including Aloe Vera Lifestyle Merete Sem, Dents Ørjasæter)
The most active addresses are:
- Vestbyveien 155 (Rituals Cosmetics Norway As)
- Gråtrostveien 2 (Aloe Vera Lifestyle Merete Sem)
- Bergstien 5 (Dents Ørjasæter)
There is no clear geographic concentration, but Vestby and Son are the two main areas for cosmetics retail in the municipality.

Operational efficiency and dynamics
Operational efficiency and risk
None of the 13 companies in Vestby are registered in bankruptcy, but there are variations in financial health:
- Rituals Cosmetics Norway As has a high EBITDA margin of 12% and a positive operating result.
- Js Studio As has a very high EBITDA margin of 31%, but with low revenue (NOK 352,000).
- Felya As has a negative operating result of NOK -24,000 and no employees.
There are no clear signs of massive bankruptcy risk, but some companies have very low or negative financial development. This may indicate an industry with both stable and unstable companies.
Outlook for cosmetics retail in Vestby
Future perspectives
Cosmetics retail in Vestby shows signs of an increase in 2025, with revenue of NOK 4.0 million and an increase in the number of employees. This may indicate an improvement in the market, especially with companies like Rituals Cosmetics Norway As and Js Studio As achieving positive results. However, there are significant variations between individual companies, and many have either zero employees or very low revenue. For entrepreneurs, this may mean opportunities to establish themselves in a growing sector, but it is important to be aware of the financial challenges some companies face. SmartGrunder can help entrepreneurs find suitable addresses in Vestby for cosmetics retail, based on market potential and local conditions.
Conclusion
Cosmetics retail in Vestby has a complex history with both strong growth and periods of decline. With revenue of NOK 4.0 million in 2025 and an increase in the number of employees, the industry shows signs of stabilization. Nevertheless, there are significant variations between individual companies, and many have either zero employees or very low revenue. For entrepreneurs, this can be both an opportunity and a challenge. With the right strategy and focus on operational efficiency, it may be possible to establish oneself in a growing sector in Vestby.