Footwear Store Industry in Oslo: Market Analysis and Outlook

The footwear store industry in Oslo is an important part of the city's retail sector. There are 145 registered companies in this industry, with a total of 609 employees and annual revenue of 711.5 million NOK. The industry has been marked by variations in revenue and employment over time, with a decline in both revenue and number of employees since 2019. At the same time, two bankruptcies have been registered in the industry, which shows a certain degree of dynamism and risk. The broader creative, arts, and entertainment activities sector, however, has a larger scale and shows different development trends.

Over time, revenue in the footwear store industry in Oslo has shown variations. The highest revenue was recorded in 2019 at 1.261.9 million NOK, but there has been a significant decline since then, with revenue at 577 million NOK in 2025. The number of employees has also shown a decline, from 1,060 employees in 2016 to 579 employees in 2025. The EBITDA margin has varied between 6% and 10%, while the gross profit has been as high as 902%. This shows that the industry has a high degree of variations in financial results over time.

There are 16 companies registered in the footwear store industry in Oslo, with a mix of different organizational forms. The most common organizational forms are AS, with 62 companies, and employees in the form of 602 employees. Examples of companies in the industry include Grændsens Skotøimagazin As, Euro Sko Storo As Avd Eurosko, and Sapatos As Avd Oslo. These companies have varying financial results, with revenue ranging from 65.2 million NOK to 35.3 million NOK. Some companies also have negative EBITDA values, which shows variations in operating results.

All activities in the footwear store industry in Oslo are concentrated in the city of Oslo itself. There are 65 companies and 609 employees registered in Oslo, with revenue of 711.5 million NOK. This shows that the industry is strongly concentrated in a single city district, which can be an advantage for websites and websites that want to establish themselves in Oslo. There is also a high degree of variations in financial results, with an EBITDA margin of 6% and a gross profit of 902%.

There have been two bankruptcies registered in the footwear store industry in Oslo. These companies have a total revenue of 3.4 million NOK, but no employees and a negative EBITDA of -364,000 NOK. This shows that the industry has a certain degree of risk, but there are also a number of companies with positive financial results. It is important to note that bankruptcies can negatively affect the industry, but there are also opportunities for new companies that want to establish themselves in Oslo.

For entrepreneurs considering establishing themselves in the footwear store industry in Oslo, it is important to be aware of the variations in revenue and employment over time. The industry has shown a decline in both revenue and number of employees since 2019, which can be a challenge. At the same time, there are a number of companies with positive financial results, which shows that there are opportunities for new companies. It is also important to be aware of bankruptcies and variations in financial results, which can negatively affect the industry.

The broader creative, arts, and entertainment activities sector in Oslo has a larger scale than the footwear store industry, with 1,922 companies. Revenue in this sector has shown a decline since 2020, but there has also been a certain degree of variations in employment over time. The sector has a higher revenue than the footwear store industry, but there has also been a higher degree of variations in financial results. This shows that there are opportunities for new companies in this sector, but it is also important to be aware of the variations in revenue and employment over time.

The footwear store industry in Oslo is an important part of the city's retail sector, with a mix of companies with varying financial results. There has been a decline in both revenue and number of employees since 2019, which can be a challenge for new companies. At the same time, there are a number of companies with positive financial results, which shows that there are opportunities for new companies. It is also important to be aware of bankruptcies and variations in financial results, which can negatively affect the industry. SmartGrunder can help entrepreneurs find good addresses in Oslo for this industry.