Toy Shop Industry in Lindesnes: Current Status and Outlook

Industry Overview

The toy shop industry in Lindesnes Municipality is a small but active sector focused on Mandal. There are a total of 5 companies registered in the municipality, with a mix of AS and ENK organizational forms. In recent years, the industry has been marked by both rising and falling trends, with a significant sales and employment decline from 2021 to 2022. Nevertheless, several new companies have been registered in 2024 and 2025, indicating some level of interest in the sector.

Key Figures

• Number of companies: 5
• Number of employees: 11 (2026)
• Main activity: Mandal
• Organizational forms: 2 AS companies and 3 ENK companies
• Sales: NOK 2.5 million in 2022 (a 66.1% decrease from 2021)
• Employee numbers: Stabilized at 11 employees since 2023

Sales and Employee Development

Sales Development: Sales experienced a sharp decline of 66.1% from 2021 to 2022, the most dramatic change in the data. There has been a gradual decline from 2016 to 2018, with a brief increase in 2020. In 2022, sales were NOK 2.5 million, the lowest level in the period.

Employee Development: The number of employees decreased from 14 in 2016 to 9 in 2022, but has since stabilized at 11 employees from 2023 onward. The most significant decline was from 2021 to 2022 (-30.8%).

The following companies are registered in the toy shop industry in Lindesnes:

1. Lekehuset Sør AS (Skarvøyveien 55, Mandal)

• Organizational form: AS
• Founded: 2024
• Number of employees: 8

1. Lekebutikken I Mandal AS (Hogganvikveien 433, Mandal)

• Organizational form: AS
• Founded: 2022
• Number of employees: 4

1. Nøss Creative (Ronatunet 10, Mandal)

• Organizational form: ENK
• Founded: 2025
• Number of employees: 0

1. Nøss Creative (Ronatunet 10, Mandal)

• Organizational form: ENK
• Founded: 2025
• Number of employees: 0

1. Ovg AS (Øygardsveien 19, Marnardal)

• Organizational form: AS
• Founded: 2022
• Number of employees: 0

Organizational Form Statistics: There are 2 AS companies with a total of 12 employees and 3 ENK companies with 0 employees. The AS organizational form is most represented in the industry.

All activities in the toy shop industry in Lindesnes are concentrated in Mandal. Here, the following are registered:

• 2 companies
• 12 employees
• 0 operating income
• 0 sales revenue
• 0 wages
• 0 operating profit
• 0 EBITDA
• 0 gross profit
• 0 equity
• 0 debt

Mandal is therefore the only city in the municipality with activity in this industry. There is no data about other cities or areas in Lindesnes.

Operational Dynamics and Bankruptcy Statistics

• Bankruptcy Statistics: None of the registered companies in the industry are bankrupt, according to the data.
• Operating Profit: All companies have 0 operating income, sales revenue, wages, operating profit, EBITDA, and gross profit. There is no data on operating profits for the years 2016–2026.
• New Companies: Several new companies have been registered in 2024 and 2025, such as Nøss Creative and Ovg AS, which may indicate some level of interest in the sector.
• Development: Although several new companies have been registered, the industry has been marked by a significant decline in sales and number of employees from 2021 to 2022. There is no data on the causes of this decline.

Outlook for Entrepreneurs

The toy shop industry in Lindesnes has been marked by both rising and falling trends, with a significant decline in sales and number of employees from 2021 to 2022. Nevertheless, several new companies have been registered in 2024 and 2025, which may indicate some level of interest in the sector. This could be a sign that there are opportunities for new players, even though the market has been unstable.

Opportunities: It is possible to see opportunities in establishing oneself in Mandal, which is the only city with activity in the industry. It may also be possible to exploit some level of competitive advantage, especially if it is possible to adapt to local needs or innovate in product selection.

Development: It is important to note that the industry has been marked by a significant decline in sales and number of employees. This could be an indication of challenges related to the market, such as changes in consumer behavior or competitive pressure from other sectors.

SmartGrunder: SmartGrunder can help entrepreneurs explore addresses in Lindesnes for this industry, with a focus on natural development opportunities and possibilities to establish oneself in a stable market niche.

The toy shop industry in Lindesnes Municipality is a small but active sector focused on Mandal. There are 5 companies registered in the municipality, with a mix of AS and ENK organizational forms. In recent years, the industry has been marked by both rising and falling trends, with a significant decline in sales and number of employees from 2021 to 2022. Nevertheless, several new companies have been registered in 2024 and 2025, which may indicate some level of interest in the sector.

It is possible to see opportunities for new players, even though the market has been unstable. It is important to note that the industry has been marked by a significant decline in sales and number of employees, which could be an indication of challenges related to the market. SmartGrunder can help entrepreneurs explore addresses in Lindesnes for this industry, with a focus on natural development opportunities and possibilities to establish oneself in a stable market niche.