Footwear Store in Halden: An Analysis of Companies, Statistics, and Outlooks

Footwear stores in Halden constitute a small but exciting part of the municipality's industrial structure. With 8 registered companies in the sector, data shows a dynamic but uneven development over the past few years. In recent years, the sector has been marked by both rising and falling trends, with a significant sales and employee decline in 2020, followed by a gradual increase in 2025. This shows that the sector has both challenges and opportunities for future development. SmartGrunder can help entrepreneurs find suitable addresses in Halden for this sector.

Sales and employees in the sector (2016–2026):

Sales experienced a sharp decline of 51.9% in 2020, but have since gradually improved, with a rise of 25.5% in 2025. The number of employees has been declining since 2019, with a decline of 26.1% from 2021 to 2022. This shows that the sector has been marked by unstable economic conditions, especially during the pandemic.

Registered companies in the sector

In Halden, the following companies are registered in the footwear store sector:

1. Eurosko Tista – AS, Walkers gate 4, Halden (9 employees)
2. Halden Drift As – AS, Walkers gate 4, Halden (7 employees)
3. Sn Os Holding As – AS, Høstbakken 11, Tistedal (1 employee)
4. Gsg Torget As – AS, Torget 2, Halden (0 employees)
5. Janic Holding As – AS, Høstbakken 11, Tistedal (0 employees)
6. Morris Administrasjon 0022 – AS, Høstbakken 11, Tistedal (0 employees)
7. Morris Nettbutikk As – AS, Høstbakken 11, Tistedal (0 employees)
8. Sajaco Nordic Holding As – AS, Høstbakken 11, Tistedal (0 employees)

Company structure:

• AS (Limited Company): 3 companies, 17 employees, operating income NOK 4.6M, sales NOK 4.4M, wages NOK 2.1M, operating profit NOK -351.0K, EBITDA NOK -262.0K, gross profit NOK 3.0M, equity NOK 1.8M, debt NOK 30.5M, sales growth 2%, operating income per employee NOK 580.6K, EBITDA margin -5%, EBITDA per employee NOK -33.1K, gross margin 66%, operating margin -7%.

Many companies have 0 employees or 0 sales, which may indicate that they are inactive or in the start-up phase.

Distribution of activity in the municipality

Halden:

• Number of companies: 2
• Number of employees: 16
• Operating income: NOK 3.4M
• Sales: NOK 3.3M
• Wages: NOK 1.2M
• Operating profit: NOK -96.0K
• EBITDA: NOK -77.0K
• Gross profit: NOK 1.9M
• Equity: NOK 504.0K
• Debt: NOK 452.0K
• Sales growth: -4%
• EBITDA margin: -2%
• EBITDA per employee: NOK -11.1K
• Gross margin: 56%
• Operating margin: -2%

Tistedal:

• Number of companies: 1
• Number of employees: 1
• Operating income: NOK 1.2M
• Sales: NOK 1.1M
• Wages: NOK 920.0K
• Operating profit: NOK -255.0K
• EBITDA: NOK -185.0K
• Gross profit: NOK 1.1M
• Equity: NOK 1.3M
• Debt: NOK 30.1M
• Sales growth: 27%
• EBITDA margin: -15%
• EBITDA per employee: NOK -185.0K
• Gross margin: 100%
• Operating margin: -21%

Halden has a more developed industrial structure with more companies and higher sales than Tistedal, although both areas have negative EBITDA values.

Operational efficiency and bankruptcy statistics

Within the footwear store sector in Halden, there are no registered bankruptcies. This is a positive indicator for the sector's stability. However, data shows that several companies have negative operating profits and EBITDA values, which may indicate economic challenges. For example:

• Halden Drift As has an operating profit of NOK -96.0K and EBITDA of NOK -77.0K.
• Sn Os Holding As has an operating profit of NOK -255.0K and EBITDA of NOK -185.0K.

This shows that even though the sector has no bankruptcies, several companies are operating at a loss, which could be a challenge for future growth.

For entrepreneurs considering starting a footwear store in Halden, data shows an industry with both opportunities and challenges. Sales experienced a sharp decline in 2020, but have since improved with a rise of 25.5% in 2025. This suggests that there may be opportunities for growth in the future, especially if companies can improve their operational efficiency and increase their market share.

However, it is important to note that many companies in the sector have negative EBITDA values and a low number of employees, which may indicate a competitive market environment. Entrepreneurs should therefore consider focusing on efficient operations, customer satisfaction, and differentiation to ensure profitability.

Creative, arts, and entertainment activities are a broader industry group in Halden that includes the footwear store sector. This group has 70 companies, showing that it is much larger than the footwear store sector. Data shows that sales in this group experienced a sharp decline of 42.4% from 2022 to 2023, but have since stabilized with a decline of 1.6% in 2024.

Peer companies in the group (examples):

This shows that companies in creative, arts, and entertainment activities have higher sales and EBITDA than footwear store companies, which could be a benchmark for future development.

Footwear stores in Halden are an industry with both opportunities and challenges. With 8 companies and a dynamic development over the past few years, data shows that the sector has potential for growth, especially if companies can improve their operational efficiency and increase their market share. However, it is important to note that many companies have negative EBITDA values and a low number of employees, which may indicate a competitive market environment.

SmartGrunder can help entrepreneurs find suitable addresses in Halden for this sector, and provide advice on how to ensure profitability and growth in the future.