Footwear Store in Kristiansund: Industry Overview and Outlook

Industry Overview

Footwear store in Kristiansund is a small but active sector with 5 companies and 29 employees. The industry has shown variation in sales and operating results over the years, with a significant decline of 49.3% in 2025 compared to 2024. Despite the challenges, some companies such as Skoringen Kristiansund and Shoeart As demonstrate stability and profitability with EBITDA margins of 6% and 8%, respectively. This indicates that opportunities exist for companies that can adapt to market changes and focus on quality and customer satisfaction.

The industry has experienced variations in sales and employees over the years. Sales declined by 49.3% in 2025, from NOK 27.7M to NOK 14.1M. The number of employees has been relatively stable, with a slight decrease from 29 to 28 in 2026. The industry's EBITDA margin stands at 7%, indicating relatively good profitability. However, there is significant variation between companies, with some achieving high EBITDA margins (e.g., Shoeart As with 8%) and others having zero sales and EBITDA (e.g., A. Næsje As).

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

1. Endre Røsok As Avd Kristiansund Industriveien – 8 employees, established 1993-03-01, EBITDA 0.
2. A. Næsje As – 6 employees, established 2025-05-28, EBITDA 0.
3. Endre Røsok As Avd Kristiansund Storgata – 6 employees, established 2006-01-01, EBITDA 0.
4. Skoringen Kristiansund – 5 employees, established 2024-05-16, EBITDA NOK 543,4K.
5. Shoeart As – 4 employees, established 2012-02-13, EBITDA NOK 473,0K.

Most companies have high operating results, but some have no sales or EBITDA, which may indicate challenges or newly established companies.

All 5 companies in the footwear store industry in Kristiansund are registered in Kristiansund city center. There is no dispersion to other city districts or municipalities. This indicates that activity is concentrated in the city center, which can be an advantage for companies wishing to utilize a central location and high traffic.

The industry has been relatively stable regarding bankruptcies, with no companies in bankruptcy. However, several companies have experienced a decline in sales and EBITDA, especially in 2025. This may indicate challenges related to market changes or competition. It is important for companies in the industry to improve their operations and seek to increase their market share through innovation and customer satisfaction.

For entrepreneurs considering starting a business activity in footwear store in Kristiansund, it is important to be aware of the recent years of decline in sales and EBITDA. However, companies such as Skoringen Kristiansund and Shoeart As show that there are opportunities for profitability and stability. Entrepreneurs should consider focusing on quality, unique products, and good customer satisfaction to stand out in the market. It may also be advantageous to collaborate with local companies and utilize the central location in Kristiansund.

The broader industry creative, arts, and entertainment activities in Kristiansund has 44 companies and 185 employees in 2026. Sales declined by 40.2% in 2025, from NOK 192.1M to NOK 114.8M. This shows that the broader industry has also been affected by market changes. Nevertheless, there are opportunities for companies that can adapt and focus on creative and unique products. Examples of companies in this industry include Kappahl As Avd 344 Futura (NOK 18.5M in sales, NOK 2.1M in EBITDA) and Vidi Mote As (NOK 13.2M in sales, NOK 1.7M in EBITDA). This shows that there are opportunities for companies that can adapt to the market and focus on creative solutions.

Footwear store in Kristiansund is a small but active sector with opportunities for companies that can adapt to market changes and focus on quality and customer satisfaction. Although there have been challenges with declining sales and EBITDA, some companies show that there are opportunities for profitability. Entrepreneurs should consider utilizing the central location and collaborating with local companies to stand out in the market. It is also important to be aware of the recent years of decline and seek to improve operations and market share.