Industry · municipality
Toy Shop Industry in Kinn: Key Figures, Outlooks and Opportunities
Analysis of sales, employees, and companies in the toy shop industry in Kinn municipality, with a focus on development and future opportunities for entrepreneurs and investors.
Brief Overview of the Toy Shop Industry in Kinn
Key Figures and Development
The toy shop industry in Kinn has shown a mix of growth and decline in recent years. Sales agreements have increased from 3.4 million NOK in 2016 to 5.2 million NOK in 2021, with an average annual growth of 5.3%. Workforce development has been more volatile, peaking at 9 employees in 2024 before declining to 6 employees in 2026. Five companies are registered in the industry, with one (Barnebutikken As) employing 7 people, while the rest have 0 employees according to the reports.
Organizational Forms
The industry currently consists of one AS (Barnebutikken As) and four ENK- or DA-companies. This indicates a mix of small, single-owner businesses and smaller companies, suggesting a simple structure and potential level of independence.
Outlook
With stable sales growth after 2020 and an increase in the number of employees in 2023, the industry shows potential for growth. However, it is important to note the large variations in workforce development, which may indicate uncertainty in operations or special circumstances in individual companies.
Economic Data and Development
Sales Development
Sales for toy shop companies in Kinn have shown an increase from 2016 to 2021, with an average annual growth of 5.3%. However, there have been variations in the years, with a decline of 7.5% from 2017 to 2018 and an increase of 17.8% from 2019 to 2020.
Workforce Development
Workforce development has been more volatile, with an increase from 5 to 9 employees from 2022 to 2024, followed by a decline to 6 employees in 2026. The most significant change was recorded from 2022 to 2023, where the number of employees doubled.
Comparison of Key Figures
| Year | Sales (NOK) | Workforce |
|---|---|---|
| 2016 | 3.4M | 5 |
| 2017 | 4.6M | 6 |
| 2018 | 4.3M | 6 |
| 2019 | 4.2M | 5 |
| 2020 | 4.9M | 6 |
| 2021 | 5.2M | 6 |
| 2022 | - | 4 |
| 2023 | - | 8 |
| 2024 | - | 9 |
| 2025 | - | 8 |
| 2026 | - | 6 |
Companies in the Industry
Registered Companies
The following companies are registered in the toy shop industry in Kinn:
- Barnebutikken As – Hestenesgata 4, Florø. AS organizational form, founded 2021-09-07, 7 employees.
- Myklebust Hobby & Service – Nikolai Astrupveg 14, Florø. ENK organizational form, founded 1997-09-02, 0 employees.
- Nms Norsk Marine Service Liv Margrethe Våge – Oppedalsvegen 231, Måløy. ENK organizational form, founded 1995-02-19, 0 employees.
- Sunde Bitmynthandel – Sørstrandvegen 6, Florø. ENK organizational form, founded 2012-02-25, 0 employees.
- Tbs Hest & Rytter Da – Brandsøy, Florø. DA organizational form, founded 1989-08-21, 0 employees.
Organizational Form Statistics
The industry currently consists of one AS, four ENK, and one DA company. This indicates a mix of small, single-owner businesses and smaller companies, suggesting a simple structure and potential level of independence.
Geographic Distribution of Activity
Distribution of Activity
Toy shop activity in Kinn is primarily concentrated in Florø, where four companies are registered. Some companies also have activity in Måløy, such as Nms Norsk Marine Service Liv Margrethe Våge. However, only one activity is registered in the municipality in total, indicating a small but dispersed industry.
Distribution by Town/Place
| Town/Place | Number of Companies | Number of Employees |
|---|---|---|
| Florø | 4 | 7 |
| Måløy | 1 | 0 |
Industry Dynamics and Stability
Bankruptcy Safety
None of the registered companies in the toy shop industry in Kinn are registered as bankrupt, indicating a relatively stable industry. However, there are several companies with 0 employees, which may indicate that they are not actively operating or have a very small organizational structure.
Industry Dynamics
The industry has shown a mix of growth and decline in recent years, with an increase in sales after 2020 and an increase in the number of employees in 2023. This may indicate a degree of stabilization in the industry, despite variations in workforce development.
Outlook for Entrepreneurs and Investors
Outlook for Entrepreneurs
The toy shop industry in Kinn shows potential for growth, especially after 2020 when sales increased by 5.3% annually. With an increase in the number of employees in 2023 and a relatively stable industry without bankruptcy, it may be a good time for entrepreneurs to explore opportunities in this industry. However, it is important to be aware of the large variations in workforce development, which may indicate uncertainty in operations or special circumstances in individual companies.
Summary of Outlook
- Stable Sales: Increase in sales after 2020 indicates a positive trend.
- Workforce Variations: Larger variations in the number of employees may be a challenge.
- Bankruptcy-Free Industry: No bankruptcies in the industry indicate a stable structure.
- Growth Opportunities: Increase in the number of employees in 2023 indicates potential for development.
Conclusion and Future Opportunities
The toy shop industry in Kinn shows a mix of stability and variations in recent years. With an increase in sales after 2020 and a relatively stable industry without bankruptcy, it may be a good time for entrepreneurs to explore opportunities in this industry. However, it is important to be aware of the large variations in workforce development, which may indicate uncertainty in operations or special circumstances in individual companies. SmartGrunder can help entrepreneurs find suitable addresses in Kinn for this industry, where it is natural to develop.