Footwear Store Industry in Bodø: A Comprehensive Analysis

Industry Overview

Bodø has an active footwear industry with 10 registered companies in 2025. In total, there are 76 employees in the industry, and the annual revenue is NOK 70.5 million. The industry has shown variation in its development, with a strong increase in 2025 (17.4% sales growth) following a period of decline in previous years. The EBITDA margin is 2%, indicating that the industry has moderate profitability. The most successful companies have higher EBITDA margins, such as Skoringen Bodø and Skoringen City Nord, which had 7% and 7% respectively.

Sales: Sales in the industry have shown variation over the years, increasing from NOK 61.9 million in 2016 to NOK 80.2 million in 2025. The most significant increase was recorded in 2025, with a 17.4% increase compared to 2024. This shows a strong sales increase after a period of decline.

Employees: The number of employees has varied over the years, decreasing from 92 in 2016 to 69 in 2023, before increasing to 71 in 2024 and 83 in 2025. The most significant increase was recorded in 2025, with a 16.9% increase compared to 2024.

EBITDA: EBITDA for the industry has shown a marginal increase over the years, with a margin of 2% in 2025. This shows that the industry has moderate profitability, although some companies have higher EBITDA margins.

The following companies are registered in the footwear industry in Bodø:

1. K Nilsen Nygaard – Sjøgata 8, Bodø – 13 employees – EBITDA: -14.4 K – Sales: NOK 8.9 million
2. Euro Sko City Nord – Stormyrveien, Bodø – 12 employees – EBITDA: -14.4 K – Sales: NOK 8.1 million
3. Skoringen Bodø – Storgata 3B, Bodø – 10 employees – EBITDA: 99.5 K – Sales: NOK 12.4 million
4. Dna Bodø – Storg 5, Bodø – 9 employees – EBITDA: -14.4 K – Sales: NOK 7.9 million
5. Skoringen City Nord – Stormyrveien 20, Bodø – 9 employees – EBITDA: 99.5 K – Sales: NOK 11.5 million
6. Morris Storgaten Bodø Avd 7112 – Storgata 5, Bodø – 6 employees – EBITDA: -7.7 K – Sales: NOK 4.9 million
7. Royal Sko As – Torvgata 4, Bodø – 6 employees – EBITDA: 22.0 K – Sales: NOK 8.1 million
8. Bagorama City Nord – Stormyra, Bodø – 5 employees – EBITDA: 0 – Sales: NOK 0
9. Dna City Nord – Stormyrveien 20, Bodø – 4 employees – EBITDA: -14.4 K – Sales: NOK 4.6 million
10. Magnussen Spesialsko Bodø – Gidsken Jakobsens vei 22, Bodø – 2 employees – EBITDA: 135.7 K – Sales: NOK 4.1 million

The most successful companies in the industry are Skoringen Bodø and Skoringen City Nord, which have higher EBITDA margins compared to the other companies.

All companies in the footwear industry in Bodø are registered in the city of Bodø. There are no companies registered in other cities or places in the municipality. There is no data on the distribution of companies in other cities or places in the municipality.

None of the companies in the footwear industry in Bodø are registered as bankrupt. This shows that the industry is stable and has not experienced major financial challenges. However, some companies have negative EBITDA values, indicating that they have higher costs than revenues. This may be a sign that they have more difficulty achieving profitability compared to the other companies in the industry.

For entrepreneurs considering starting a business in the footwear industry in Bodø, the data show that the industry has shown a strong increase in sales in 2025, with a 17.4% increase compared to 2024. This shows that there is potential for growth in the industry. However, it is important to be aware of the competition, as there are several companies in the industry. Entrepreneurs should also be aware of the most successful companies in the industry, such as Skoringen Bodø and Skoringen City Nord, and look at how they have achieved higher EBITDA margins. It may be beneficial to analyze their strategies and see how they have achieved profitability. SmartGrunder can help entrepreneurs find suitable addresses in Bodø for this industry, based on development and potential.

Creative, arts, and entertainment activities are a broader industry in Bodø, which includes more companies than the footwear industry. In 2025, this industry had a sales volume of NOK 393.1 million, showing a 22.2% decline compared to 2024. This shows that the industry has had a very poor development in 2025. However, the footwear industry has shown a strong increase in sales during the same period, showing that it is more resilient compared to the other companies in the broader industry.

The most successful companies in the broader industry include H&M, Lindex, and Cubus, which have higher EBITDA margins compared to the footwear industry. This shows that these companies have better profitability. However, the footwear industry has shown stronger development in 2025, which could be an advantage for entrepreneurs considering starting a business in this industry.

The footwear industry in Bodø has shown a strong increase in sales in 2025, with a 17.4% increase compared to 2024. This shows that the industry has growth potential. However, it is important to be aware of the competition, as there are several companies in the industry. Entrepreneurs should also be aware of the most successful companies in the industry, such as Skoringen Bodø and Skoringen City Nord, and look at how they have achieved higher EBITDA margins. It may be beneficial to analyze their strategies and see how they have achieved profitability. SmartGrunder can help entrepreneurs find suitable addresses in Bodø for this industry, based on development and potential.