Industry · municipality
Footwear Store in Eigersund: Industry Analysis and Outlook
A Data-Driven Overview of the Footwear Store Industry in Eigersund Municipality
Executive Summary
Industry Overview
In Eigersund, there are 3 companies registered within the footwear store industry. The industry has shown a sales increase from 2016 to 2023, peaking at NOK 23.9 million in 2023, followed by a decline to NOK 21.5 million in 2024. Employment figures have been more variable, with a peak of 27 employees in 2023 and a decline to 19 employees in 2026. The industry has an EBITDA margin of 1% and a gross profit of 43%, indicating a relatively stable operational structure.
Economic Overview
Sales Development (2016–2025):
- 2016: NOK 16.4 million
- 2023: NOK 23.9 million (+34.6% increase)
- 2024: NOK 21.5 million (-9.9% decrease)
- 2025: NOK 23.3 million (+8.5% increase)
Employment Development (2016–2026):
- 2016: 25 employees
- 2023: 27 employees (+35.0% increase)
- 2026: 19 employees (-5.0% decrease)
Key Figures:
- EBITDA margin: 1% (2023)
- Gross profit: 43% (2023)
- Average income per employee: NOK 1.1 million (2023)
Companies in the Industry
Registered Companies in Eigersund (2025):
| Name | Address | Organisational Form | Employees | Sales (NOK) | EBITDA (NOK) |
|---|---|---|---|---|---|
| Eger Sko AS | Fabrikkgaten 2, Egersund | AS | 12 | 17.3 million | 193,000 |
| Mocca Sko AS | Storgaten 29, Egersund | AS | 7 | 6.2 million | 57,000 |
| Gullfisken Kjetil Dag Hansen | Børildsbakken 2, Egersund | ENK | 0 | 0 | 0 |
Organisational Forms:
- AS: 2 companies, 19 employees, NOK 23.6 million in sales
- ENK: 1 company, 0 employees, NOK 0 in sales
Business Geography
Activity Distributed Across Locations in the Municipality (2025):
| Location | Number of Companies | Number of Employees | Sales (NOK) | EBITDA (NOK) |
|---|---|---|---|---|
| Egersund | 3 | 19 | 23.6 million | 250,000 |
Analysis:
- Egersund is the only location with activity in the industry, with 3 companies and 19 employees.
- Concentration in Egersund may be an advantage for entrepreneurs seeking to establish themselves in an existing business cluster.
- Missing data for other locations in the municipality makes it difficult to assess potential alternative locations.
Business Dynamics
Bankruptcies and Operational Status (2025):
- No bankruptcies registered among the 3 companies in the industry.
- Eger Sko AS and Mocca Sko AS are operational, while Gullfisken Kjetil Dag Hansen has 0 employees and 0 sales.
Operational Development:
- Eger Sko AS has stable operations with NOK 17.3 million in sales and NOK 193,000 in EBITDA.
- Mocca Sko AS has lower sales (NOK 6.2 million) and an EBITDA of NOK 57,000.
- Gullfisken Kjetil Dag Hansen has no operational activity.
Conclusion: The industry shows stability in operations, but with greater variations between companies. There are no bankruptcies, indicating a relatively stable industry.
Outlook
Outlook for Entrepreneurs
Sales Development:
- The industry had a +34.6% increase from 2022 to 2023, but a -9.9% decrease in 2024. This may indicate a temporary disruption in the market.
- 2025 shows a +8.5% increase, suggesting a return to growth.
Employment Development:
- Employment development has been more variable, with a peak of 27 employees in 2023 and a decline to 19 employees in 2026.
Conclusion for Entrepreneurs:
- Potential opportunities exist in an industry with stable sales figures and no bankruptcies.
- Outlook has improved after 2024, but entrepreneurs should be prepared for variations in operational results.
- Location in Egersund can be an advantage due to an existing business cluster.
Outlook for the Parent Industry
Parent Industry (Creative, Art, and Entertainment Activities):
- Number of companies: 27 (2025)
- Sales (2025): NOK 104.8 million
- Employment Development (2016–2026): Decline from 123 to 91 employees.
Comparison with Footwear Store Industry:
- Footwear store has a higher EBITDA margin (1% vs. 0% in the parent industry).
- Parent industry has higher sales (NOK 104.8 million vs. NOK 23.3 million in footwear stores).
- Footwear store has fewer companies (3 vs. 27 in the parent industry).
Peer Companies in the Parent Industry:
- Kappahl AS Avd 379 Egersund (sales: NOK 15.1 million, EBITDA: NOK 1.7 million)
- Dressmann As Avd 242 Eigersund Lindøyveien (sales: NOK 10.2 million, EBITDA: NOK 1.6 million)
- Endre As (sales: NOK 12.5 million, EBITDA: NOK 1.5 million)
Conclusion:
- Parent industry has larger volume and more companies, but lower EBITDA margin.
- Footwear store has higher operational efficiency, but smaller market share.
- Entrepreneurs should consider larger companies in the parent industry for larger market share, but lower EBITDA margin.
Other companies in kreative, kunst og underholdningsaktiviteter (not in footwear store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Kappahl As Avd 379 Egersund | clothing store | Coop Eikunda|Fabrikkgaten 2, 4370 Egersund | NOK 15.1M | 10 | NOK 1.7M |
| Dressmann As Avd 242 Eigersund Lindøyveien | clothing store | Lindøyveien 8, 4373 Egersund | NOK 10.2M | 5 | NOK 1.6M |
| Endre As | clothing store | Storgaten 31, 4370 Egersund | NOK 12.5M | 9 | NOK 1.5M |
| Cubus Egersund Avd 855 | clothing store | Nytorget 6, 4370 Egersund | NOK 15.2M | 10 | NOK 1.4M |
| Dressmagasinet As | clothing store | Elvegaten 5, 4370 Egersund | NOK 9.4M | 5 | NOK 1.3M |
| Under Tøyet As | clothing store | Storgaten 42, 4370 Egersund | NOK 8.0M | 11 | NOK 124.0K |
| Adunia Da | national clothing store | Nyeveien 72, 4370 Egersund | NOK 0 | 0 | NOK 0 |
| Cheera Naik | clothing store | Kirkegaten 10, 4370 Egersund | NOK 0 | 0 | NOK 0 |
| Eikundarsund As | clothing store | c/o Lupn Egersund|Sandakergaten 5, 4370 | NOK 0 | 4 | NOK 0 |
| Et Grønt As | clothing store | Lindøyveien 8, 4373 Egersund | NOK 0 | 0 | NOK 0 |
| Haugen Fotballdrakter | second-hand goods store | Mortensknutveien 16A, 4372 Egersund | NOK 0 | 0 | NOK 0 |
| Hovland Rsch | clothing store | Svartamyrveien 11, 4374 Egersund | NOK 0 | 0 | NOK 0 |
| Knerten Tone Stokkeland Wenche Jorunn Landmark | clothing store | Storgaten 11, 4370 Egersund | NOK 0 | 0 | NOK 0 |
| Mia's Da | clothing store | Nytorget 2B, 4370 Egersund | NOK 0 | 0 | NOK 0 |
| Myhres Imperfection Brukt, Nytt Og Redesign | clothing store | Lerviksbakken 2C, 4370 Egersund | NOK 0 | 0 | NOK 0 |
| Nabogarn Vanja Madland | knit store | Bowitzbakken 7, 4370 Egersund | NOK 0 | 0 | NOK 0 |
| Plug4uss As | clothing store | Gåsungeveien 13, 4371 Egersund | NOK 0 | 0 | NOK 0 |
| Systuå As | knit store | Nytorget 2B, 4370 Egersund | NOK 0 | 0 | NOK 0 |
| Zavanna Alti Eikunda Avd 631 | clothing store | Fabrikkgaten 2, 4370 Egersund | NOK 0 | 0 | NOK 0 |
| Sisu As | clothing store | Elvegaten 7, 4370 Egersund | NOK 8.7M | 5 | NOK -8.0K |
| Mmg Egersund As | clothing store | Sandakergaten 4, 4370 Egersund | NOK 0 | 0 | NOK -63.0K |
| Dalane Lin As | national clothing store | Storgaten 17, 4370 Egersund | NOK 0 | 0 | NOK -104.0K |
| Toves Garn & Brukskunst As | knit store | Storgaten 19B, 4370 Egersund | NOK 3.0M | 4 | NOK -161.0K |
| Bik Bok Egersund Avd J17 | clothing store | Fabrikkgaten 2, 4370 Egersund | NOK 7.3M | 8 | NOK -388.0K |
Conclusion
Summary:
- The footwear store industry in Eigersund has stable sales figures and no bankruptcies, indicating a relatively stable industry.
- Egersund is the only location with activity, which can be an advantage for entrepreneurs seeking to establish themselves in an existing business cluster.
- Outlook has improved after 2024, but entrepreneurs should be prepared for variations in operational results.
- The parent industry (creative, art, and entertainment activities) has larger volume and more companies, but lower EBITDA margin.
Recommendation:
- Entrepreneurs should consider location in Egersund and stable companies such as Eger Sko AS and Mocca Sko AS to leverage existing business clusters.
- SmartGrunder can help entrepreneurs find suitable addresses in Eigersund for this industry.