Footwear Store Industry in Harstad: A Comprehensive Analysis

Industry Overview

The footwear store industry in Harstad is a small but dynamic sector with 6 registered companies in the municipality. In recent years, the industry has shown both challenges and opportunities, with a mix of established companies and new players. In 2026, the industry had 26 employees and an annual revenue of 27.9 million NOK. The average EBITDA margin stands at 8%, indicating a relatively good operational efficiency for the relevant companies.

Key Figures in Focus

• Number of companies: 6
• Number of employees: 26
• Annual revenue: 27.9 million NOK
• EBITDA: 2.3 million NOK
• Average EBITDA per employee: 96,600 NOK
• Gross margin: 2151% (high margin due to low cost of goods)
• Operational efficiency: 7% operating margin

The industry has shown strong growth in 2024, with an annual revenue increase of 54.2% compared to 2023. This is a significant improvement following a decline in 2022 and 2023.

Economic Trends

The footwear store industry in Harstad has shown a complex development over the past few years. Annual revenue has varied between 15.7 million NOK (2020) and 25.9 million NOK (2025), with a strong growth of 5.3% in 2025. There are particularly notable trends in 2024, where revenue increased by 54.2% compared to 2023, indicating an improved market situation.

Employee Numbers and Operational Efficiency

The number of employees has shown a more stable development, increasing from 17 employees in 2023 to 26 employees in 2026. Operational efficiency has been relatively stable, with an average operating margin of 7%, although there have been variations from year to year. The EBITDA margin has varied between -1% and 12%, showing that some companies have faced challenges with operating results, while others have achieved good results.

In Harstad, the following companies are registered in the footwear store industry:

Most companies are AS entities, and there is a mix of established companies and new players. Skohuset Harstad As has been in operation since 1987, while Magnussen Spesialsko Harstad and Moto Invest As are relatively new companies.

Organizational Forms

All companies in the industry are registered as AS entities, indicating a relatively high degree of organizational stability. There are no companies registered as ANS or ENKELTPERSONSFORETAK in the industry.

Geographic Distribution

The footwear store industry in Harstad is primarily concentrated in the Harstad city center. There are 4 companies registered in Harstad, and all companies have addresses in Harstad. There are no companies registered in other city districts or municipalities in Troms and Finnmark.

Key Locations

The most central locations for companies in the industry are:

• Skilleveien 5 (Kanebogen Sko As, Skoringen Harstad Kanebogen)
• Rikard Kaarbøs gate 11 (Skohuset Harstad As)
• Mercurveien 39 (Magnussen Spesialsko Harstad)
• Vinsjveien 4 (Moto Invest As)
• Strandgata 4 (Sko Dilla As)

Most companies have addresses in the Harstad city center, indicating that they have good access to customers in the city.

Operational Dynamics

The footwear store industry in Harstad has shown a relatively stable development over the past few years, with some companies achieving good operational results and others facing challenges. There are no companies in the industry that are registered as bankrupt, indicating that the industry has a relatively high degree of stability.

Operational Results

The most notable operational results in the industry are:

• Kanebogen Sko As: 1.3 million NOK operating result in 2026
• Skohuset Harstad As: -71,000 NOK operating result in 2026
• Skoringen Harstad Kanebogen: 472,000 NOK operating result in 2026
• Magnussen Spesialsko Harstad: 373,800 NOK operating result in 2026
• Moto Invest As: 0 operating result in 2026
• Sko Dilla As: 0 operating result in 2026

It is clear that some companies have faced challenges with the operating result, while others have achieved good results. This can be due to variations in sales, costs, and operational efficiency.

Opportunities for Entrepreneurs

The footwear store industry in Harstad shows potential for growth and development, especially after the strong growth in 2024. There are several companies that have shown good operational efficiency, and there are opportunities for new players to establish themselves in the industry. There are also opportunities to develop new products and services that can meet the needs of customers in Harstad and the surrounding area.

Challenges and Opportunities

• Opportunities: Higher sales volume in 2024, good operational efficiency at some companies, opportunities to establish new companies
• Challenges: Variation in operating results, some companies have faced challenges with operational efficiency, competition in the industry can be strong

For entrepreneurs, it may be a good idea to explore opportunities to establish themselves in the industry, especially considering the strong growth in 2024 and the good operating results at some companies.

Outlook for Creative, Art, and Entertainment Activities

Creative, art, and entertainment activities are a broader industry that includes the footwear store industry. This industry has shown a more stable development over the past few years, with an annual revenue of 141.1 million NOK in 2025 and 215.0 million NOK in 2024. There are 57 companies registered in this industry in Harstad, showing that it is a relatively large sector in the municipality.

Peer Companies

The following companies are registered in the creative, art, and entertainment activities industry, but not in the footwear store industry:

These companies have a higher annual revenue and EBITDA than most companies in the footwear store industry, indicating that they have a better operational efficiency. There are also more companies in this industry, showing that it is a relatively large sector in the municipality.

The footwear store industry in Harstad is a small but dynamic sector with potential for growth and development. There are several companies that have shown good operational efficiency, and there are opportunities for new players to establish themselves in the industry. There are also opportunities to develop new products and services that can meet the needs of customers in Harstad and the surrounding area.

Summary

• Number of companies: 6
• Number of employees: 26
• Annual revenue: 27.9 million NOK
• EBITDA: 2.3 million NOK
• Average EBITDA per employee: 96,600 NOK
• Gross margin: 2151%
• Operational efficiency: 7% operating margin

The industry has shown strong growth in 2024, with an annual revenue increase of 54.2% compared to 2023. This is a significant improvement following a decline in 2022 and 2023. There are also opportunities for new players to establish themselves in the industry, especially considering the strong growth in 2024 and the good operating results at some companies.