Shoe Industry in Holmestrand: A Detailed Analysis of Companies, Statistics, and Outlooks

Holmestrand has a small but active shoe industry with two registered companies in 2025. The only operating company, Eurosko Sande, has shown stable finances with NOK 6.2 million in sales and NOK 634,000 in EBITDA in 2025. The industry has been marked by large variations in employees and sales over the years, with a peak of 5 employees in 2023 and a decline to 2 employees in 2025. This dynamic shows both potential and challenges for new players in the municipality.

The shoe industry in Holmestrand has shown a complex economic development over the years. Sales increased by 457% from 2017 to 2018, reached a peak value of NOK 8.2 million in 2023, before being reduced to NOK 4.0 million in 2025. Employees have varied between 0 and 5 over the years, with a peak of 5 employees in 2023. The EBITDA margin has remained at 10%, but there are large variations in other economic indicators such as gross profit (8889%) and operating margin (8%).

Two companies are registered in the shoe industry in Holmestrand:

1. Eurosko Sande (AS, 5 employees) – Operates in Sentrumsgården, Sande I Vestfold. Has NOK 6.2 million in sales and NOK 634,000 in EBITDA in 2025.
2. Ohmeohmy Nuf (NUF, 0 employees) – Newly registered in 2022, has no financial data.

The organizational form AS dominates with 1 company, while NUF is a new form in the municipality. Eurosko Sande has shown stable finances since 2003, while Ohmeohmy Nuf is a new player without operational activity.

Shoe activity in Holmestrand is concentrated in Sande I Vestfold:

• Sande I Vestfold: 1 company, 5 employees, NOK 6.2 million in sales, NOK 634,000 in EBITDA.

There are no registered activities in other parts of Holmestrand. This shows a clear concentration of the shoe industry in Sande I Vestfold, which is an important commercial platform in Vestfold.

The shoe industry in Holmestrand has been relatively stable with no bankruptcy registrations for the two companies. Eurosko Sande has been operational since 2003, while Ohmeohmy Nuf (2022) has yet to show economic activity. Employee numbers have varied greatly, with an increase from 2 to 5 employees in 2020, before being reduced to 2 employees in 2025. This shows both growth potential and risk for fluctuations in the industry.

For entrepreneurs in Holmestrand, the shoe industry is a mix of opportunities and challenges. The only operating company, Eurosko Sande, has shown stable finances with a high EBITDA margin (10%) and high gross profit (8889%). This suggests potentially favorable conditions in the municipality. However, sales data shows a decline from 2023 to 2025, which may indicate market changes or competitive pressure. Sande I Vestfold is an important place for activity, and entrepreneurs should consider local distribution and market keys.

Compared to the broader creative, arts, and entertainment activities sector in Holmestrand, the shoe industry has a smaller scale. The broader sector has 67 companies, with increasing employees (from 69 in 2016 to 180 in 2026) and sales of NOK 86.2 million in 2025. Peer companies in this sector include:

• Boutique Grensen As (NOK 20.8 million in sales, NOK 2.0 million EBITDA)
• Kid Interiør As (NOK 7.3 million in sales, NOK 1.1 million EBITDA)
• Inspira Holmestrand As (NOK 3.5 million in sales, NOK 177,000 EBITDA)

This shows that creative sectors in Holmestrand have greater economic activity, but the shoe industry has higher margins (10% vs. 2.0–1.1% for peer companies).

The shoe industry in Holmestrand has both potential and challenges. With a stable company (Eurosko Sande) and a concentration in Sande I Vestfold, it may be possible to establish oneself in the municipality. However, data on declining sales and fluctuations in employees show that the industry is sensitive to market changes. Entrepreneurs should consider local competitiveness and economic conditions, and SmartGrunder can help find suitable addresses in Holmestrand for this industry.