Industry · municipality
Footwear Store Industry in Hå: Current Status and Outlook
Analysis of the Footwear Store Sector in Hå Municipality, Including Economic Trends, Companies, and Future Prospects
Executive Summary
Industry Overview
The footwear store sector in Hå is represented by one active business: Euro Sko Nærbø, operating in Nærbø. The sector has shown variations in revenue and number of employees over time, with a significant decline in 2023. This underscores the need to analyze both economic trends and local conditions to understand the development.
Key Figures and Development
- Revenue: Increasing from 2016 to 2022, reaching a peak of 5.0 million NOK in 2022, followed by a sharp decline of 40.7% in 2023.
- Number of Employees: Fluctuated between 4 and 5 over time, with a decline from 2021 to 2022 and an increase in 2022.
- Bankruptcies: No bankruptcies registered in the sector, but some businesses have experienced economic challenges.
Development in Relation to the Broader Sector
The sector is part of the broader creative, art, and entertainment activities sector in Hå, which has shown a more stable, but also highly variable development. This comparison provides important context for understanding where the footwear store sector stands in relation to other businesses in the same sector.
Economic Overview
Economic Trends
The footwear store sector in Hå has shown a complex development over the past few years. Revenue increased until 2022, reaching a peak of 5.0 million NOK in 2022, followed by a sharp decline of 40.7% in 2023. This may be due to local market conditions, competition, or changes in consumer behavior.
The number of employees has been relatively stable, with an average of 4-5 employees over the past few years. However, there is no available data on wage expenses, operating profit, or EBITDA margins, which limits the possibility of a deeper economic analysis.
Development in Comparison with the Broader Sector
The sector is part of the broader creative, art, and entertainment activities sector in Hå, which has shown a more stable, but also highly variable development. This comparison provides important context for understanding where the footwear store sector stands in relation to other businesses in the same sector.
Businesses in the Sector
In Hå, the following businesses are registered in the footwear store sector:
| Name | Address | Organizational Form | Number of Employees | Founded | Bankrupt? |
|---|---|---|---|---|---|
| Euro Sko Nærbø | Torggata 14, Nærbø | AS | 5 | 1991-03-01 | No |
Organizational Forms
- AS (Anonymous Societies): 1 business, with 5 employees.
Comment
Euro Sko Nærbø is the only business in the sector and has been in operation since 1991. This underscores the sector's stability, despite variations in revenue and number of employees over time.
Geographic Distribution
The footwear store sector in Hå is concentrated in Nærbø, where the following data is available:
| Location | Number of Businesses | Number of Employees | Revenue (NOK) | Operating Income (NOK) |
|---|---|---|---|---|
| Nærbø | 1 | 5 | 0 | 0 |
Comment
There is no data on other areas in Hå that have businesses in this sector. This may indicate that Nærbø is the only area with activity, but it may also be due to a lack of data. For entrepreneurs, this could be an opportunity to explore other areas in the municipality to find new market areas.
Industry Dynamics
The footwear store sector in Hå has shown variations in both revenue and number of employees over time. There are no bankruptcies registered in the sector, but there are some businesses that have experienced economic challenges.
Development Over Time
- Revenue: Increasing from 2016 to 2022, reaching a peak of 5.0 million NOK in 2022, followed by a sharp decline of 40.7% in 2023.
- Number of Employees: Fluctuated between 4 and 5 over time, with a decline from 2021 to 2022 and an increase in 2022.
Comment
The sector has shown a relatively stable development, despite variations in revenue and number of employees over time. This may be due to local market conditions, competition, or changes in consumer behavior.
Outlook
Outlook for Entrepreneurs
The footwear store sector in Hå has shown a complex development over the past few years. Revenue increased until 2022, reaching a peak of 5.0 million NOK in 2022, followed by a sharp decline of 40.7% in 2023. This may be due to local market conditions, competition, or changes in consumer behavior.
The number of employees has been relatively stable, with an average of 4-5 employees over the past few years. However, there is no available data on wage expenses, operating profit, or EBITDA margins, which limits the possibility of a deeper economic analysis.
Challenges and Opportunities
- Challenges: The sharp decline in 2023 may indicate economic challenges in the sector.
- Opportunities: It may be possible to find new market areas in the municipality, especially in areas without activity in the sector.
Comment
For entrepreneurs, it may be an opportunity to explore new market areas in the municipality, especially in areas without activity in the sector. It may also be beneficial to analyze local market conditions and competition to find opportunities to establish oneself in the sector.
Outlook for the Broader Sector
The broader sector creative, art, and entertainment activities in Hå has shown a more stable, but also highly variable development. Revenue has fallen from 32.3 million NOK in 2016 to 8.5 million NOK in 2025, with an average annual decline of 12.3%. The number of employees has also fallen from 38 in 2016 to 18 in 2026, with an average annual decline of 9.1%.
Comparison with the Footwear Store Sector
The footwear store sector has shown a more stable development than the broader sector, with an increase in revenue until 2022, followed by a sharp decline in 2023. This may be due to the footwear store sector being less dependent on local market conditions and competition.
Peer Businesses
The following businesses are registered in the broader sector, but not in the footwear store sector:
| Name | Address | Industry | Revenue (NOK) | Number of Employees | EBITDA (NOK) | |
|---|---|---|---|---|---|---|
| Liv Klær Og Gaver As | Torgplassen 4B, 4365 Nærbø | Clothing Store | 8.5M | 10 | 319.0K | |
| Diro Design As | c/o Kristina Ivanova | Hauglandsvegen 6, 4362 Vigrestad | National Clothing Store | 180.0K | 0 | 3.0K |
| Demitorro Kupciunas | Gåsevegen 8B, 4365 Nærbø | Clothing Store | 0 | 0 | 0 |
Comment
The broader sector has shown a more stable, but also highly variable development. The footwear store sector has shown a more stable development than the broader sector, with an increase in revenue until 2022, followed by a sharp decline in 2023.
Other companies in kreative, kunst og underholdningsaktiviteter (not in footwear store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Liv Klær Og Gaver As | clothing store | Torgplassen 4B, 4365 Nærbø | NOK 8.5M | 10 | NOK 319.0K |
| Diro Design As | national clothing store | c/o Kristina Ivanova|Hauglandsvegen 6, 4362 Vigrestad | NOK 180.0K | 0 | NOK 3.0K |
| Diro Design As | knit store | c/o Kristina Ivanova|Hauglandsvegen 6, 4362 Vigrestad | NOK 180.0K | 0 | NOK 3.0K |
| Demitorro Kupciunas | clothing store | Gåsevegen 8B, 4365 Nærbø | NOK 0 | 0 | NOK 0 |
| Haugland & Co | clothing store | Hålandsvegen 491, 4360 Varhaug | NOK 0 | 0 | NOK 0 |
| Ikdahl Import Og Marketing | second-hand goods store | Skjerpevegen 112, 4365 Nærbø | NOK 0 | 0 | NOK 0 |
| Johan Skretting Business | clothing store | Brattlandsmarka 64, 4360 Varhaug | NOK 0 | 0 | NOK 0 |
| Linloftet Solveig Hadland | knit store | Hadlandsvegen 315, 4363 Brusand | NOK 0 | 0 | NOK 0 |
| Nice Vibe Jørgensen | clothing store | Asalvegen 7, 4365 Nærbø | NOK 0 | 0 | NOK 0 |
| Siqveland Secondhand As | second-hand goods store | Hålandsvegen 43, 4360 Varhaug | NOK 0 | 9 | NOK 0 |
| Sitthisri Enterprise | clothing store | Torvmyrvegen 6B, 4362 Vigrestad | NOK 0 | 0 | NOK 0 |
| Svela Enk | knit store | Stokkalandsheia 46, 4362 Vigrestad | NOK 0 | 0 | NOK 0 |
| Tiril Essentials As | clothing store | Sollivegen 1, 4365 Nærbø | NOK 0 | 0 | NOK 0 |
| Urbonavicius Utstyr | knit store | Høyland 67, 4365 Nærbø | NOK 0 | 0 | NOK 0 |
| Urbonavicius Utstyr | knit store | Høyland 67, 4365 Nærbø | NOK 0 | 0 | NOK 0 |
| Zavanna Alti Nærbø Avd 616 | clothing store | Torggata 2, 4365 Nærbø | NOK 0 | 0 | NOK 0 |
Conclusion
The footwear store sector in Hå has shown a complex development over the past few years, with an increase in revenue until 2022, followed by a sharp decline in 2023. This may be due to local market conditions, competition, or changes in consumer behavior.
The sector is represented by one business, Euro Sko Nærbø, which has been in operation since 1991. This underscores the sector's stability, despite variations in revenue and number of employees over time.
For entrepreneurs, it may be an opportunity to explore new market areas in the municipality, especially in areas without activity in the sector. It may also be beneficial to analyze local market conditions and competition to find opportunities to establish oneself in the sector.
SmartGrunder
SmartGrunder can help entrepreneurs explore opportunities to establish themselves in the footwear store sector in Hå. We can provide advice on local market conditions, competition, and other factors that may affect success in the sector.