Footwear Stores in Molde: Analysis of Companies, Statistics, and Outlooks

Industry Overview

The footwear store industry in Molde is a small but active sector with 6 registered companies. In recent years, the industry has shown both strengths and challenges, with a marked increase in sales in 2025, but at the same time a decline in the number of employees. There are no registered bankruptcies in the industry, which indicates relative stability. The companies operate mainly in the Molde city center, with a focus on Lingedalsvegen and Storgata. For entrepreneurs, the industry can offer opportunities, but it is important to be aware of the competition and economic variations between companies.

Economic Trends

Sales and Employees:

• Sales: In 2025, the industry saw a marked increase of +38.6% compared to 2024, bringing total sales to NOK 51.4 million. This is the highest level in over five years, although there was a sharp decline of -29.8% in 2020 due to the pandemic.
• Employees: The number of employees has shown a decline over time, from 52 in 2016 to 28 in 2026. The most significant decline was recorded in 2025 (-20.0%), which may indicate an economic adjustment in the sector.

Margins and Profitability:

• The industry's EBITDA margin stands at 11%, which is relatively high compared to other sectors. The highest EBITDA margin was reported by Endre Røsok As Avd Molde Storgata (11%), while Larssen Sko As Avd Mani Molde had a negative EBITDA margin of -2%.
• The gross margin is at 158%, which shows that companies have good control over costs relative to sales.

Companies in the Industry

The industry in Molde consists of the following companies, all of which are organized as AS (Limited Liability Companies):

Observations:

• Endre Røsok As Avd Molde Storgata is the most profitable company with an EBITDA of 5.0M and a sales optimization of 403% in 2021.
• Larssen Sko As Avd Mani Molde has a negative EBITDA, but a high sales optimization of 0%, which may indicate special circumstances or a temporary situation.

Business Geography

All companies in the footwear store industry in Molde are located in the Molde city center, with a focus on the following addresses:

• Lingedalsvegen 10, 6415 Molde (Endre Røsok As Avd Molde Lingedalsvegen, Snos Molde As, Larssen Sko As Avd Mani Molde)
• Storgata 21, 6413 Molde (Endre Røsok As Avd Molde Storgata, Røsok Holding As)
• Storgata 51B, 6413 Molde (B Røthe As Avd Skoringen Molde)

Conclusion: The industry is strongly concentrated in the Molde city center, which can provide advantages with high traffic and customer accessibility. This can be an advantage for new companies looking to establish themselves in the area.

Bankruptcy Statistics: None of the 6 companies in the industry have registered bankruptcy, which indicates relative stability in the sector. This is a positive indicator for entrepreneurs considering establishing themselves in Molde.

Economic Challenges:

• Larssen Sko As Avd Mani Molde has a negative EBITDA of -163.0K, which may indicate economic challenges or special circumstances.
• Endre Røsok As Avd Molde Lingedalsvegen has no sales or EBITDA, which may indicate a temporary closure or special circumstances.

Conclusion: The industry has a relatively stable structure, but it is important to be aware of individual company challenges, especially regarding economic profitability.

Positive Aspects:

• Increase in sales in 2025: The industry had a marked increase of +38.6% in sales compared to 2024, which may indicate growing demand for shoes in Molde.
• Stable number of companies: There are 6 companies in the industry, which shows a relatively stable market structure.

Challenges:

• Decrease in the number of employees: The number of employees has decreased from 52 in 2016 to 28 in 2026, which may indicate an economic adjustment in the sector.
• Variable profitability: The EBITDA margin varies greatly between companies, from -2% (Larssen Sko) to 16% (Røsok Holding As).

Recommendation: Entrepreneurs should consider establishing themselves in the Molde city center, where there is high traffic and customer accessibility. It is also important to be aware of the competition and ensure efficient operations to achieve profitability.

Broader industry2-sector: The creative, arts, and entertainment activities sector in Molde has 52 companies, which shows that this is a larger and more diversified sector compared to the footwear store industry. Sales in the sector had a marked decline of -38.1% in 2025, which may be a challenge for entrepreneurs in this sector.

Peer companies in the creative, arts, and entertainment activities sector: The following companies in the creative, arts, and entertainment activities sector may be competitors or complementary companies for the footwear store industry:

Conclusion: The creative, arts, and entertainment activities sector has a larger market share and more companies, but it has also shown a decline in sales in 2025. The footwear store industry has a higher EBITDA margin compared to many companies in this sector, which may give an advantage to entrepreneurs in the footwear store industry.

The footwear store industry in Molde is a small but active sector with potential for entrepreneurs. The industry has shown a marked increase in sales in 2025, which may indicate growing demand for shoes in Molde. At the same time, it is important to be aware of the competition and economic variations between companies. It is also important to consider establishing oneself in the Molde city center, where there is high traffic and customer accessibility. SmartGrunder can help entrepreneurs find suitable addresses in Molde for this industry.