Industry · municipality
Footwear Store in Stord
An analysis of the industry, companies, and outlook in Stord municipality
Executive Summary
The footwear store industry in Stord municipality consists of two companies with a total of 12 employees. The industry has experienced variations in sales and employees over time, with a significant decline in 2025. Although no bankruptcies have been registered in the industry, data shows a dynamic and unpredictable development. The broader creative, art, and entertainment activities sector in Stord has a more stable development with more companies and higher sales figures. This can provide a basis for comparison and strategic planning for new players in the footwear store industry.
Economic Overview
The footwear store industry in Stord has experienced a complex development over the past few years. Sales figures have varied between NOK 17.8 million in 2016 and NOK 3.2 million in 2025, with a 69.8% decrease from 2024 to 2025. The number of employees has also shown variations, with a decrease from 25 in 2016 to 7 in 2025. The most significant decline in sales and employees occurred in 2025, which may indicate specific challenges during this period. It is important to note that these figures do not include data from bankrupt companies, which are not registered in the industry.
Companies in the Industry
The following companies are registered in the footwear store industry in Stord:
- Euro Sko Stord (Hamnegata 11, Stord)
- Organizational form: AS
- Founded: 1965-12-31
- Number of employees: 6
- Sales: NOK 4.0 million
- EBITDA: NOK 222.1 thousand
- Larssen Sko As Mani Stord (Ringvegen 44, Stord)
- Organizational form: AS
- Founded: 2008-05-08
- Number of employees: 6
- Sales: NOK 6.3 million
- EBITDA: NOK -149.4 thousand
Both companies are AS entities, and there are no registered bankruptcies in the industry. However, there is a clear difference in financial performance between the two companies, with Euro Sko Stord having a positive EBITDA and Larssen Sko As Mani Stord having a negative EBITDA.
Business Geography
The footwear store industry in Stord is concentrated in a single city district:
- Stord: 2 companies, 12 employees, sales of NOK 10.4 million
There is no data on the distribution of activity in other city districts or municipalities. The only registered area is Stord, and there are no indications that the industry has spread to other geographical areas within the municipality.
Business Dynamism
The footwear store industry in Stord has shown a dynamic development over time, with both rising and falling trends. There are no registered bankruptcies in the industry, which suggests a certain level of stability. Nevertheless, data shows a significant decline in sales and employees in 2025, which may indicate specific challenges during this period. It is important to note that these figures do not include data from bankrupt companies, which are not registered in the industry.
Outlook
For entrepreneurs considering starting a business activity in the footwear store industry in Stord, data shows a challenging, but not impossible, market. The significant decline in sales and employees in 2025 may indicate specific challenges, but there are also opportunities in an industry with two existing companies and a certain level of stability. It is important to analyze the underlying causes of the decline in 2025 and how these can be avoided or managed in the future. It may also be worth looking at how the two existing companies have managed financially, with particular focus on Euro Sko Stord, which has a positive EBITDA.
Outlook for the Broader Sector
The broader creative, art, and entertainment activities sector in Stord has a more stable development compared to the footwear store industry. The sector has 41 companies, which shows a greater degree of diversification and opportunities for collaboration. Sales figures for the sector have varied between NOK 128.5 million in 2016 and NOK 49.3 million in 2025, with a 54.9% decrease from 2024 to 2025. This shows that the broader sector has also experienced challenges, but with more companies and higher sales figures compared to the footwear store industry. There are also opportunities to leverage collaboration and partnerships within the sector to strengthen the position of new players in the footwear store industry.
Other companies in kreative, kunst og underholdningsaktiviteter (not in footwear store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Decades Stord Avd 463 | clothing store | Hamnegata 11, 5411 Stord | NOK 6.6M | 5 | NOK 1.5M |
| Dressmann Thon Senter Stord Avd 185 | clothing store | Hamnegata 11, 5411 Stord | NOK 8.5M | 6 | NOK 1.4M |
| Kappahl As Avd 391 Stord | clothing store | Hamnegata 11, 5411 Stord | NOK 11.7M | 9 | NOK 1.4M |
| H & M Hennes & Mauritz As Avd 865 Amfi Stord | clothing store | Hamnegata 1, 5411 Stord | NOK 28.6M | 15 | NOK 1.3M |
| Jack & Jones/vero Moda Stord 306792 | clothing store | Hamnegata 11 Stord Senter, 5411 | NOK 5.3M | 5 | NOK 392.8K |
| Lindex As Avd Stord Senter | clothing store | Hamnegata 11, 5411 Stord | NOK 8.8M | 9 | NOK 323.4K |
| Nobel Mote As | clothing store | Osen 2, 5411 Stord | NOK 4.8M | 0 | NOK 194.0K |
| Snor Fashion As | clothing store | Torgbakken 2, 5411 Stord | NOK 10.7M | 7 | NOK 175.0K |
| Sybutikken As | knit store | Torgbakken 2, 5411 Stord | NOK 1.2M | 0 | NOK 162.0K |
| Brudesalongen Da | clothing store | Kjøtteinsv 45, 5411 Stord | NOK 0 | 0 | NOK 0 |
| Christine Paulsen | clothing store | Midthaugen 3, 5411 Stord | NOK 0 | 0 | NOK 0 |
| Collectible As | knit store | Torget 8, 5417 Stord | NOK 0 | 17 | NOK 0 |
| Cubus Thon Senter Stord Avd 87b | clothing store | Amfisenteret|Hamnegata 11, 5411 Stord | NOK 0 | 5 | NOK 0 |
| Flawlessfit As | clothing store | Syljesmoget 5, 5410 Sagvåg | NOK 0 | 0 | NOK 0 |
| Gita Design Ans | clothing store | Heiane, 5412 Stord | NOK 0 | 0 | NOK 0 |
| Livs Synytt As | knit store | Torget 8, 5417 Stord | NOK 0 | 4 | NOK 0 |
| Long Storage As | second-hand goods store | c/o Collectible AS|Torget 8, 5417 Stord | NOK 0 | 0 | NOK 0 |
| Long Storage As | second-hand goods store | c/o Collectible AS|Torget 8, 5417 Stord | NOK 0 | 0 | NOK 0 |
| Lukas & Linnea As | clothing store | c/o Sylvia Linn Jonsson|Knappane 32, 5414 Stord | NOK 0 | 0 | NOK 0 |
| Lune Opplegg As | knit store | Kjøtteinsvegen 68, 5411 Stord | NOK 0 | 0 | NOK 0 |
| Match Heiane Avd 306 | clothing store | Ringvegen 44, 5412 Stord | NOK 0 | 6 | NOK 0 |
| Match Stord Avd 305 | clothing store | Hamnegata 11, 5411 Stord | NOK 0 | 8 | NOK 0 |
| Monica Fylling Wathne | clothing store | Neshadlene 71, 5410 Sagvåg | NOK 0 | 0 | NOK 0 |
| Moss Accessories | knit store | Jensanesvegen 103, 5410 Sagvåg | NOK 0 | 0 | NOK 0 |
| Nobel Mote As Konkursbo | clothing store | Osen 2, 5411 Stord | NOK 0 | 0 | NOK 0 |
| Nye Garnbua Ans | knit store | Postboks 122, 5401 Stord | NOK 0 | 0 | NOK 0 |
| Omløp As | second-hand goods store | Sæ 21, 5417 Stord | NOK 0 | 0 | NOK 0 |
| Records Toft | second-hand goods store | Gullskar 1, 5411 Stord | NOK 0 | 0 | NOK 0 |
| Records Toft | second-hand goods store | Gullskar 1, 5411 Stord | NOK 0 | 0 | NOK 0 |
| Sentrum Kler Vørøs & Co Ans | clothing store | 0, 5410 Sagvåg | NOK 0 | 0 | NOK 0 |
| Stord Trykk Nordbustad | clothing store | Tysemarkjo 65, 5414 Stord | NOK 0 | 0 | NOK 0 |
| Strikkebutikken Hilde Alfarnes | knit store | Sagvågsbrekko 2, 5410 | NOK 0 | 0 | NOK 0 |
| Søm & Interiør | clothing store | Midthaugen 3, 5411 Stord | NOK 0 | 0 | NOK 0 |
| To Ellis As | clothing store | Sjoarbakken 6C, 5411 Stord | NOK 0 | 0 | NOK 0 |
| Vesle Vikjo As | clothing store | Osen 2, 5411 Stord | NOK 0 | 5 | NOK 0 |
| Nål & Tråd As | knit store | Sæ 14, 5417 Stord | NOK 1.8M | 3 | NOK -73.0K |
| Zavanna Heiane Storsenter Avd 837 | clothing store | Heiane Storsenter|Ringvegen 44, 5412 Stord | NOK 3.0M | 5 | NOK -350.3K |
| Bik Bok Thon Senter Stord Avd J14 | clothing store | Hamnegata 11, 5411 Stord | NOK 6.7M | 5 | NOK -358.2K |
| Zavanna Amfi Stord Avd 697 | clothing store | Hamnegata 11, 5411 Stord | NOK 4.0M | 0 | NOK -467.0K |
Conclusion
The footwear store industry in Stord municipality has a complex and dynamic development with both opportunities and challenges. There are two existing companies with a certain level of stability, but there is also a significant decline in sales and employees in 2025. The broader creative, art, and entertainment activities sector in Stord has a more stable development with more companies and higher sales figures. This can provide a basis for comparison and strategic planning for new players in the footwear store industry. SmartGrunder can help entrepreneurs explore addresses in Stord for this industry, with particular focus on areas with natural development and potential opportunities.