Footwear Store in Sandnes: Companies, Statistics, and Outlook

Footwear Store in Sandnes is an active sector with 17 registered companies, but only 11 of these operate actively in the municipality. In 2025, the industry has 69 employees, and sales amount to NOK 158.2 million. Although operating profits are negative for several companies, data shows a high gross profit margin of 1398%, indicating good price control. The industry has been marked by variations in sales and employees over time, with an increase of 18.2% in 2024–2025. SmartGrunder can help entrepreneurs find natural addresses in Sandnes for this industry.

Sales and employees in the industry have shown variations over time. Sales increased by 137.4% from 2017 to 2018, but fell by 31.7% from 2019 to 2020. In 2025, sales are at NOK 158.2 million, with an annual increase of 18.2%. The number of employees was 69 in 2025, with a decline of 1.4% compared to 2024. The EBITDA margin is 0% for most companies, indicating challenges with cost control.

In Sandnes, 11 companies operate within the footwear store sector, with 70 employees and sales of NOK 164.5 million. The key companies include Eurosko Kvadrat, Din Sko Avd 1103, and Magnussen Spesialsko. Most companies are organized as AS (10 companies), while one is NUF. The most notable companies have high sales growth, such as Din Sko Avd 1103 with 5% annual growth, and Euro Sko Bystasjonen with a 10% EBITDA margin.

All 11 companies in the industry are located in Sandnes, with a focus on central addresses such as Gamle Stokkavei 1 and Gravarsveien 7. These addresses have a high concentration of companies, indicating a prosperous commercial environment. Sales and employees in these areas are high, with an average sales of NOK 164.5 million and 70 employees.

The industry has been marked by variations in operating results, but no companies have gone bankrupt. Most companies have negative operating results, such as Braasten Sko As with -694.0K NOK in operating results. However, companies such as Euro Sko Bystasjonen and Magnussen Spesialsko have achieved positive EBITDA values. This shows that some companies have good cost control, while others face challenges with operating results.

For entrepreneurs in Sandnes, the footwear store industry is an opportunity with high gross profit margin, but low EBITDA margin. Sales have increased by 18.2% in 2024–2025, indicating a positive trend. Entrepreneurs should focus on cost control and efficient operations to achieve positive EBITDA values. SmartGrunder can help find natural addresses in Sandnes for this industry.

Compared to the broader creative, arts, and entertainment activities sector, footwear store in Sandnes has lower sales (NOK 158.2M vs. NOK 754.8M in 2025) and fewer employees (69 vs. 835). However, footwear store shows higher sales growth (18.2%) compared to an 18.6% decline in the broader sector. Peer companies in the broader sector include R:elsk Ombrukssenter (secondhand store) and H & M Hennes & Mauritz As, which have higher sales and employees. This shows that footwear store has growth potential, but must compete with larger companies in the broader sector.

Footwear store in Sandnes is an active industry with growth potential, especially with high gross profit margin. Although the EBITDA margin is low, sales and employees show a positive trend. Entrepreneurs should focus on efficient operations and cost control to achieve profitability. SmartGrunder can help find natural addresses in Sandnes for this industry.