Industry · municipality
Footwear Store Industry in Færder: A Comprehensive Analysis
Companies, Statistics, and Outlook for the Footwear Store Sector in Færder Municipality, Norway (2016–2024) with Peer Comparisons in the Broader Creative Industries Grouping (creative, arts, and entertainment activities).
Executive Summary
Industry Overview
The footwear store industry in Færder is a small but dynamic sector with two registered companies. In recent years, the industry has shown significant variations in sales and number of employees, with an extreme increase in 2023 (NOK 31.2 million in sales) followed by a dramatic decline in 2024. This demonstrates both potential and uncertainty in the market. The companies in the industry are both AS companies, and none are bankrupt. However, there is limited data on their financial health, which could be a challenge for new entrants.
Economic Overview
Economic Trends
Sales:
| Year | Sales (NOK) | Year-over-Year Change |
|---|---|---|
| 2016 | 5.2M | +0.3% |
| 2017 | 5.2M | -5.5% |
| 2018 | 4.9M | -9.4% |
| 2019 | 4.4M | -17.8% |
| 2020 | 3.7M | +10.2% |
| 2021 | 4.0M | +79.5% |
| 2022 | 7.2M | +332.3% |
| 2023 | 31.2M | -85.8% |
| 2024 | 4.4M | -85.8% |
Employees:
| Year | Number of Employees | Year-over-Year Change |
|---|---|---|
| 2016 | 9 | +0.0% |
| 2017 | 9 | -22.2% |
| 2018 | 7 | -14.3% |
| 2019 | 6 | +0.0% |
| 2020 | 6 | +0.0% |
| 2021 | 6 | +16.7% |
| 2022 | 7 | +157.1% |
| 2023 | 18 | -16.7% |
| 2024 | 15 | -16.7% |
The most notable development is the increase in sales from NOK 7.2M in 2022 to NOK 31.2M in 2023, an increase of 332.3%. This may be due to individual large transactions or market changes. However, in 2024, a decline of 85.8% was recorded, which indicates uncertainty in the industry.
Companies in the Industry
The following companies are registered in the footwear store industry in Færder:
- Beppi Holding As (Ulvåsveien 2, Skallestad)
- Organizational form: AS
- Founded: 2005-12-03
- Number of employees: 0
- Sales: 0 NOK
- EBITDA: -47,000 NOK
- Bankruptcy: No
- Teie Sko As (Ørsnesalleen 31, Nøtterøy)
- Organizational form: AS
- Founded: 2024-10-10
- Number of employees: 0
- Sales: 0 NOK
- EBITDA: 0 NOK
- Bankruptcy: No
Both companies are AS companies, and none are bankrupt. However, there is limited data on their financial health, which could be a challenge for new entrants. There are no detailed figures on income or operating profit for these companies.
Business Geography
The two companies in the footwear store industry in Færder are located in the following areas:
- Beppi Holding As: Skallestad (Ulvåsveien 2)
- Teie Sko As: Nøtterøy (Ørsnesalleen 31)
This shows that the industry is spread across different parts of the municipality, but both companies are located in Færder. There is no registered activity in other parts of the municipality. This could be an advantage for new entrants looking to establish themselves in different areas, but it could also indicate a limited market.
Business Dynamism
Bankruptcy Statistics: No companies in the footwear store industry in Færder are registered as bankrupt in the last year. This shows that the industry is relatively stable, even though there have been significant variations in sales and number of employees. However, there is a significant decline in sales from 2023 to 2024, which may be an indication of uncertainty in the market.
Bankruptcy Participants: No companies in the footwear store industry in Færder are registered as bankruptcy participants. This shows that the industry is relatively stable, even though there have been significant variations in sales and number of employees.
Outlook
Outlook for Entrepreneurs
The footwear store industry in Færder shows both potential and uncertainty. The extreme increase in sales from 2022 to 2023 (332.3%) shows that there may be opportunities for growth in the industry. However, there is a significant decline in sales from 2023 to 2024 (85.8%), which may be a challenge for new entrants. This may be due to market changes or economic factors.
For entrepreneurs, it may be advantageous to look at the broader creative, arts, and entertainment activities sector, which has a higher number of companies and higher sales. It may also be advantageous to look at competitors in adjacent sectors, such as clothing stores and knitwear stores, to find opportunities for differentiation.
Outlook for the Creative, Arts, and Entertainment Activities Sector
Economic Trends in the Creative, Arts, and Entertainment Activities Sector:
| Year | Sales (NOK) | Year-over-Year Change |
|---|---|---|
| 2016 | 23.2M | -16.7% |
| 2017 | 19.4M | -1.9% |
| 2018 | 19.0M | -2.6% |
| 2019 | 18.5M | +42.1% |
| 2020 | 26.3M | +4.3% |
| 2021 | 27.4M | +23.7% |
| 2022 | 33.9M | +70.1% |
| 2023 | 57.7M | -45.6% |
| 2024 | 31.4M | -21.4% |
Employees in the Creative, Arts, and Entertainment Activities Sector:
| Year | Number of Employees | Year-over-Year Change |
|---|---|---|
| 2016 | 51 | +3.9% |
| 2017 | 53 | -5.7% |
| 2018 | 50 | -22.0% |
| 2019 | 39 | +0.0% |
| 2020 | 39 | -2.6% |
| 2021 | 38 | +13.2% |
| 2022 | 43 | +41.9% |
| 2023 | 61 | -8.2% |
| 2024 | 56 | -33.9% |
The creative, arts, and entertainment activities sector has a higher number of companies (36) and higher sales (NOK 57.7M in 2023) compared to the footwear store industry. This shows that there may be opportunities for growth in this sector. However, there is a significant decline in sales from 2023 to 2024 (45.6%), which may be a challenge for new entrants.
Other companies in kreative, kunst og underholdningsaktiviteter (not in footwear store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Selma Oline As | clothing store | Ørsnesalleen 31, 3120 Nøtterøy | NOK 4.4M | 6 | NOK 432.0K |
| Norsk Uniform As | clothing store | Ramdalveien 6A, 3128 Nøtterøy | NOK 7.7M | 3 | NOK 196.0K |
| Ioanna Tjøme As | clothing store | Østveien 665, 3145 Tjøme | NOK 3.1M | 5 | NOK 99.0K |
| Portofino Herreklær As | clothing store | Teiegården, 3121 Nøtterøy | NOK 3.0M | 5 | NOK 95.0K |
| Sirocco As | clothing store | Smidsrødveien 7B, 3120 Nøtterøy | NOK 4.9M | 0 | NOK 91.0K |
| Yoga Vital As | clothing store | Stauperveien 47, 3145 Tjøme | NOK 585.0K | 1 | NOK 7.0K |
| Anettes Hobbygleder Sørensen | knit store | Smidsrødveien 10B, 3120 Nøtterøy | NOK 0 | 4 | NOK 0 |
| Belle Enfant As | clothing store | Lundgaardveien 1A, 3120 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Bhm Nilsen Netthandel | clothing store | Sandløkkveien 8, 3135 Torød | NOK 0 | 0 | NOK 0 |
| Bhm Nilsen Netthandel | clothing store | Sandløkkveien 8, 3135 Torød | NOK 0 | 0 | NOK 0 |
| Billy Hans Jan Øhre | second-hand goods store | Lundheimveien 3, 3120 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Garnpiken As | knit store | Korsholmveien 27, 3145 Tjøme | NOK 0 | 3 | NOK 0 |
| Jacobsen | clothing store | Tjærgravveien 12, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Martinsen Fuzzyparts | clothing store | Porfyrveien 26, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Monica Johnsen | second-hand goods store | Holmsbrekkene 25, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Møbler Huset Banys | second-hand goods store | Bjørnebuveien 21A, 3132 Husøysund | NOK 0 | 0 | NOK 0 |
| Mølleloftet Silje Sandberg | knit store | Mølleveien 33, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Nahro Gp | clothing store | Kirkeveien 135, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Nilsen Samle, Salg Og Invest | second-hand goods store | Hårkollveien 22, 3138 Skallestad | NOK 0 | 0 | NOK 0 |
| Noah Grødem | clothing store | Mølleveien 35, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Overhead Iversen | clothing store | Movikveien 70, 3135 Torød | NOK 0 | 0 | NOK 0 |
| Riis Retro Møbelarkivet | second-hand goods store | Øvre Smidsrødvei 71, 3120 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Riis Retro Møbelarkivet | second-hand goods store | Øvre Smidsrødvei 71, 3120 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Rivelsrød | clothing store | Kirkeveien 394, 3143 Kjøpmannskjær | NOK 0 | 0 | NOK 0 |
| Sandi Active As | clothing store | Maries vei 11, 3145 Tjøme | NOK 0 | 0 | NOK 0 |
| Sigrid Jacobsen Vintage Hygge Shop | second-hand goods store | Tenvikveien 51B, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Sirocco As Konkursbo | clothing store | Smidsrødveien 7B, 3120 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Solem Digital | clothing store | Øraveien 19, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Terje Bjerga | second-hand goods store | Jørestrandveien 1, 3148 Hvasser | NOK 0 | 0 | NOK 0 |
| Tom Karlsen | clothing store | Fagerheimgaten 35, 3115 Tønsberg | NOK 0 | 0 | NOK 0 |
| Tom Karlsen | clothing store | Fagerheimgaten 35, 3115 Tønsberg | NOK 0 | 0 | NOK 0 |
| Toppriz Qorbani | clothing store | Ormeletveien 94, 3145 Tjøme | NOK 0 | 0 | NOK 0 |
| Welike.no As | clothing store | Østveien 667, 3145 Tjøme | NOK 0 | 0 | NOK 0 |
| Frøiland As | clothing store | Dukenveien 17, 3133 | NOK 6.1M | 5 | NOK -339.0K |
Conclusion
The footwear store industry in Færder is a small but dynamic sector with potential for growth. The extreme increase in sales from 2022 to 2023 shows that there may be opportunities for growth in the industry. However, there is a significant decline in sales from 2023 to 2024, which may be a challenge for new entrants. This may be due to market changes or economic factors.
For entrepreneurs, it may be advantageous to look at the broader creative, arts, and entertainment activities sector, which has a higher number of companies and higher sales. It may also be advantageous to look at competitors in adjacent sectors, such as clothing stores and knitwear stores, to find opportunities for differentiation.
SmartGrunder can help entrepreneurs find suitable addresses in Færder for the footwear store industry, based on natural conditions and market prospects.