Industry · municipality
Bicycle Store Industry in Molde: Current Status and Outlook
Analysis of the Bicycle Store Industry in Molde, Norway, Including Companies, Statistics, and Outlook for Founders and Local Decision-Makers
Executive Summary
Other Observations
There is one company in this industry in Molde, Sykkelhuset As, which has been operational since 2002. The company has 4 employees and is registered as AS. There is no bankruptcy registration for this company. There is a single company in this industry in Molde, and there are no bankruptcy registrations for companies in this industry in Molde.
Economic Overview
Sales and Employees
- Sales in 2025: NOK 12.9M (increase of 25.1% from 2024)
- Employees in 2026: 4 (decrease of 33.3% from 2025)
Key Figures
- EBITDA margin: 3% (lower than the average in the business services sector)
- EBITDA per employee: NOK 103.3K
- Gross profit: 34% (higher than the average in the business services sector)
- Operating profit: 3% (lower than the average in the business services sector)
Trend Analysis
- Sales grew by 25.1% in 2025, but have been unstable over time with variations between -1.9% and +33.8% annually.
- The number of employees has varied between 4 and 6 in recent years, with a decrease of 33.3% in 2025.
Table Overview
| Year | Sales (NOK) | Employees | Sales Growth (Year-over-Year) | Employee Change (Year-over-Year) |
|---|---|---|---|---|
| 2016 | 6.5M | 4 | - | - |
| 2017 | 6.3M | 6 | -1.9% | +50.0% |
| 2018 | 6.7M | 4 | +6.7% | -33.3% |
| 2019 | 9.0M | 4 | +33.8% | 0.0% |
| 2020 | 11.1M | 5 | +22.6% | +25.0% |
| 2021 | 10.4M | 6 | -5.9% | +20.0% |
| 2022 | 11.6M | 5 | +11.5% | -16.7% |
| 2023 | 11.9M | 5 | +2.5% | 0.0% |
| 2024 | 10.3M | 6 | -13.6% | +20.0% |
| 2025 | 12.9M | 4 | +25.1% | -33.3% |
| 2026 | - | 4 | - | 0.0% |
Companies in the Industry
There is one company in this industry in Molde: Sykkelhuset As. The company is registered at Fannestrandvegen 53, Molde and has the following details:
- Organizational form: AS
- Incorporation date: 2002-03-04
- Number of employees: 4
- Bankruptcy status: No bankruptcy
- Postal code: 6415
- County: Møre og Romsdal
- Operating income: NOK 13.1M
- Sales income: NOK 12.9M
- Wage cost: NOK 2.6M
- Operating profit: NOK 466.0K
- EBITDA: NOK 468.0K
- Gross profit: NOK 4.4M
- Equity: NOK 322.0K
- Debt: NOK 3.9M
- Sales growth: 26%
- EBITDA margin: 3%
- EBITDA per employee: NOK 103.3K
- Gross profit margin: 34%
- Operating profit margin: 3%
Organizational Form Statistics
- AS: 1 company, 4 employees, NOK 13.1M operating income, NOK 12.9M sales income, NOK 2.6M wage cost, NOK 466.0K operating profit, NOK 468.0K EBITDA, NOK 4.4M gross profit, NOK 322.0K equity, NOK 3.9M debt, 26% sales growth, NOK 2.9M operating income per employee, 3% EBITDA margin, NOK 103.3K EBITDA per employee, 34% gross profit margin, 3% operating profit margin.
Business Geography
Locations in the Municipality with Activity in This Industry
| Location | Number of Companies | Number of Employees | Operating Income (NOK) | Sales Income (NOK) | Wage Cost (NOK) | Operating Profit (NOK) | EBITDA (NOK) | Gross Profit (NOK) | Equity (NOK) | Debt (NOK) | Sales Growth | EBITDA Margin | EBITDA per Employee | Gross Profit Margin | Operating Profit Margin |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Molde | 1 | 4 | 13.1M | 12.9M | 2.6M | 466.0K | 468.0K | 4.4M | 322.0K | 3.9M | 26% | 3% | 103.3K | 34% | 3% |
Business Dynamics
Bankruptcies and Operational Statistics
- Bankruptcies in the industry: No registered bankruptcies for companies in this industry in Molde.
- Operational statistics: There is one company in this industry in Molde, and there are no bankruptcies registered for companies in this industry in Molde.
Operational Statistics for Companies in the Industry
- Sykkelhuset As: No bankruptcy, but with a low EBITDA margin (3%).
- Operating profit: NOK 466.0K (3% of sales income).
- EBITDA: NOK 468.0K (3% of sales income).
- Gross profit: NOK 4.4M (34% of sales income).
Bankruptcies in the Business Services Sector: Some companies in the business services sector have negative EBITDA, but there are no bankruptcies registered for companies in this industry in Molde.
Outlook
Outlook for Founders
Sales Growth and Operational Statistics
- Sales growth in 2025: 25.1% (higher than the average in the business services sector).
- EBITDA margin: 3% (lower than the average in the business services sector).
- Gross profit margin: 34% (higher than the average in the business services sector).
- Operating profit margin: 3% (lower than the average in the business services sector).
Outlook for Founders
- Sales growth: There is a positive trend in sales growth in 2025, with an increase of 25.1%.
- EBITDA margin: The low EBITDA margin (3%) may be a challenge for founders, but it is possible to improve this through efficient operations and cost control.
- Gross profit margin: The high gross profit margin (34%) indicates potential to increase operating profit through efficient operations.
- Operating profit margin: The low operating profit margin (3%) may be a challenge, but it is possible to improve this through efficient operations and cost control.
Recommendation
- Founders should consider establishing themselves in Molde, as there is a positive trend in sales growth in 2025. However, it is important to be aware of the low EBITDA margin and operating profit margin, and to implement effective operational strategies to improve these.
SmartGrunder can help founders find suitable addresses in Molde for this industry, based on natural conditions and operational statistics.
Outlook for the Business Services Sector
Business Services Sector in Molde
- Number of companies: 20
- Sales in 2025: NOK 148.4M (decrease of 22.2% from 2024)
- Employees in 2026: 116 (increase of 3.6% from 2025)
Key Figures for the Business Services Sector
- EBITDA margin: Variable, with some companies having negative EBITDA.
- Gross profit margin: Variable, with some companies having low gross profit margins.
- Operating profit margin: Variable, with some companies having low operating profit margins.
Peer Companies in the Business Services Sector
| Name | Address | Sales (NOK) | Number of Employees | EBITDA (NOK) | Industry | |
|---|---|---|---|---|---|---|
| Maritim Drift As | c/o Tonny Thomassen | Nini Roll Ankers veg 11, 6412 Molde | 13.3M | 0 | Boat Equipment Store | |
| Jakt & Fiskespesialisten As | Lingedalsvegen 9, 6415 Molde | 25.4M | 8 | 773.0K | Hunting Store | |
| I Sport Roseby As | Lingedalsvegen 10, 6415 Molde | 28.0M | 31 | 745.0K | Sports Equipment Store | |
| Sport1 Molde As | Lingedalsvegen 9, 6415 Molde | 18.7M | 14 | 628.0K | Sports Equipment Store | |
| I Sport Molde As | Birger Hatlebakksvei 1-5, 6415 Molde | 19.3M | 23 | 301.0K | Sports Equipment Store | |
| Farvan As Avd Molde | Årøsetervegen 1B, 6422 Molde | 18.4M | 6 | 292.5K | Boat Equipment Store | |
| Brand On Net As | Fannestrandvegen 53, 6415 Molde | 0 | 0 | 0 | Sports Equipment Store | |
| Eilertsen Sykkelverksted | Moldelivegen 94, 6413 | 0 | 0 | 0 | Sports Equipment Store | |
| Frode. Skytterlinken Frode Standal | Gamle Årødalsvegen 2, 6421 Molde | 0 | 0 | 0 | Sports Equipment Store | |
| Henrik Orvik | Fuglsetvegen 15, 6415 Molde | 0 | 0 | 0 | Sports Equipment Store | |
| Molde Våpenservice Rune Østby | Torleifvegen 7E, 6416 Molde | 0 | 0 | 0 | Hunting Store | |
| Sport Outlet Molde | Moldegårdsvegen 3, 6415 | 0 | 26 | 0 | Sports Equipment Store | |
| Stavik Fritid | Mali Furunes veg 3, 6414 Molde | 0 | 0 | 0 | Sports Equipment Store | |
| Utendørs Midsund As | Lyngjavegen 8, 6475 Midsund | 0 | 5 | 0 | Sports Equipment Store | |
| Vikingsupply As | Gjerdesmettvegen 2, 6425 Molde | 0 | 0 | 0 | Sports Equipment Store | |
| Camperbird As | c/o Frode Grødahl | Bekkevollvegen 12B, 6414 Molde | 29.0K | 0 | -26.0K | Sports Equipment Store |
| Muscleup As | Notvollvegen 18, 6456 Skåla | 0 | 0 | -56.0K | Sports Equipment Store | |
| Utegruppen As | c/o Harald Harstad | Peter Solemdals veg 8, 6414 Molde | 96.0K | 0 | -136.0K | Sports Equipment Store |
| Reser As | Fannestrandvegen 78, 6416 Molde | 12.7M | 7 | -450.0K | Sports Equipment Store |
Conclusion
- The business services sector in Molde has a higher number of companies (20) compared to the bicycle store industry (1).
- Sales in the business services sector grew by 25.1% in 2025, but have been unstable over time with variations between -11.5% and +18.5% annually.
- The number of employees in the business services sector has varied between 98 and 139 in recent years, with a decrease of 22.2% in 2025.
- The EBITDA margin in the business services sector is variable, with some companies having negative EBITDA.
- The gross profit margin in the business services sector is variable, with some companies having low gross profit margins.
- The operating profit margin in the business services sector is variable, with some companies having low operating profit margins.
- The bicycle store industry is a small part of the business services sector, but has a higher gross profit margin (34%) compared to the average in the business services sector.
Other companies in forretningsleverandør (not in bicycle store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Maritim Drift As | boat equipment store | c/o Tonny Thomassen|Nini Roll Ankers veg 11, 6412 Molde | NOK 13.3M | 0 | NOK 1.8M |
| Jakt & Fiskespesialisten As | hunter shop | Lingedalsvegen 9, 6415 Molde | NOK 25.4M | 8 | NOK 773.0K |
| I Sport Roseby As | sport equipment store | Lingedalsvegen 10, 6415 Molde | NOK 28.0M | 31 | NOK 745.0K |
| Sport1 Molde As | sport equipment store | Lingedalsvegen 9, 6415 Molde | NOK 18.7M | 14 | NOK 628.0K |
| I Sport Molde As | sport equipment store | Birger Hatlebakksvei 1-5, 6415 Molde | NOK 19.3M | 23 | NOK 301.0K |
| Farvan As Avd Molde | boat equipment store | Årøsetervegen 1B, 6422 Molde | NOK 18.4M | 6 | NOK 292.5K |
| Brand On Net As | sport equipment store | Fannestrandvegen 53, 6415 Molde | NOK 0 | 0 | NOK 0 |
| Eilertsen Sykkelverksted | sport equipment store | Moldelivegen 94, 6413 | NOK 0 | 0 | NOK 0 |
| Frode. Skytterlinken Frode Standal | sport equipment store | Gamle Årødalsvegen 2, 6421 Molde | NOK 0 | 0 | NOK 0 |
| Henrik Orvik | sport equipment store | Fuglsetvegen 15, 6415 Molde | NOK 0 | 0 | NOK 0 |
| Molde Våpenservice Rune Østby | hunter shop | Torleifvegen 7E, 6416 Molde | NOK 0 | 0 | NOK 0 |
| Sport Outlet Molde | sport equipment store | Moldegårdsvegen 3, 6415 | NOK 0 | 26 | NOK 0 |
| Stavik Fritid | sport equipment store | Mali Furunes veg 3, 6414 Molde | NOK 0 | 0 | NOK 0 |
| Utendørs Midsund As | sport equipment store | Lyngjavegen 8, 6475 Midsund | NOK 0 | 5 | NOK 0 |
| Vikingsupply As | sport equipment store | Gjerdesmettvegen 2, 6425 Molde | NOK 0 | 0 | NOK 0 |
| Camperbird As | sport equipment store | c/o Frode Grødahl|Bekkevollvegen 12B, 6414 Molde | NOK 29.0K | 0 | NOK -26.0K |
| Muscleup As | sport equipment store | Notvollvegen 18, 6456 Skåla | NOK 0 | 0 | NOK -56.0K |
| Utegruppen As | sport equipment store | c/o Harald Harstad|Peter Solemdals veg 8, 6414 Molde | NOK 96.0K | 0 | NOK -136.0K |
| Reser As | sport equipment store | Fannestrandvegen 78, 6416 Molde | NOK 12.7M | 7 | NOK -450.0K |
Conclusion
Summary
- There is one company in the bicycle store industry in Molde, Sykkelhuset As, with 4 employees and a sales growth of 25.1% in 2025.
- The EBITDA margin is 3%, which is lower than the average in the business services sector.
- The gross profit margin is 34%, which is higher than the average in the business services sector.
- The operating profit margin is 3%, which is lower than the average in the business services sector.
- The business services sector in Molde has 20 companies, with a sales growth of 25.1% in 2025 and a decrease of 22.2% in 2025.
- The EBITDA margin in the business services sector is variable, with some companies having negative EBITDA.
- The gross profit margin in the business services sector is variable, with some companies having low gross profit margins.
- The operating profit margin in the business services sector is variable, with some companies having low operating profit margins.
Recommendation
- Founders should consider establishing themselves in Molde, as there is a positive trend in sales growth in 2025. However, it is important to be aware of the low EBITDA margin and operating profit margin, and to implement effective operational strategies to improve these.
SmartGrunder can help founders find suitable addresses in Molde for this industry, based on natural conditions and operational statistics.