The Bicycle Store Industry in Oslo: Analysis of Companies, Statistics, and Outlooks

The bicycle store industry in Oslo is a small but dynamic sector with 15 registered companies. The industry has experienced both growth and declines over time, with a peak in 2020 and a decline in 2024. Although some companies have negative EBITDA values, there are several established players that have been in operation since the 1990s. The industry is concentrated in Oslo, with no activity outside the municipality. SmartGrunder can help entrepreneurs find suitable locations in Oslo for this industry.

Economic trends

Sales and employees:

The industry experienced a significant sales increase in 2020, but has since experienced a decline, especially in 2024. The number of employees peaked in 2023, but has since dropped sharply in 2025. This may indicate that some companies have reduced operations or ceased activity.

Key players in the industry

There are 15 companies registered in Oslo within the bicycle store industry. The most significant companies include:

• Sykkelshop Oslo As (Middelthuns gate 13C): 12 employees, EBITDA -102.0K NOK
• Bikeshop Oslo (Karenslyst Allé 36): 11 employees, EBITDA 4.2M NOK
• Oslo Sykkelverksted As (Sannergata 29A): 9 employees, EBITDA 3.2M NOK

Several companies have 0 employees, which may indicate that they are newly established or have ceased operations. Most companies are ASs (limited liability companies), with some ENKs (sole proprietorships).

Geographic distribution

All 15 companies in the bicycle store industry are registered in Oslo. There is no activity outside the municipality. There are 3 companies and 32 employees in Oslo, with an operational income of 91.0M NOK and an EBITDA of 7.2M NOK. This shows that the industry is concentrated in the center of Oslo, which can be advantageous for visibility and customer access.

Industry dynamics

There are no registered bankruptcies in the bicycle store industry in Oslo. However, some companies have negative EBITDA values, which may indicate economic challenges. For example, Sykkelshop Oslo As has a negative EBITDA of -102.0K NOK, while Bikeshop Oslo has a positive EBITDA of 4.2M NOK. This shows that there are both successful and challenged companies in the industry.

Outlook for entrepreneurs

For entrepreneurs considering starting a bicycle store in Oslo, it is important to be aware of the fluctuating trends in the industry. Although there are established players, sales and the number of employees have shown instability over time. It may be beneficial to analyze competitors and their financial health before starting. SmartGrunder can help find suitable locations in Oslo for this industry, based on data and market analyses.

The business supplier sector in Oslo has 322 companies, showing that the bicycle store industry is a small part of this broader category. Sales in the business supplier sector peaked at 4.627M NOK in 2018, but have since fallen to 1.715M NOK in 2025. The bicycle store industry has a lower sales volume, but shows a more stable development in certain years. Examples of companies in the business supplier sector include Louis Vuitton Norge As (luggage store) and Anton Sport Milslukern (sports equipment store).

The bicycle store industry in Oslo is a small but dynamic sector with both successful and challenged companies. The industry is concentrated in Oslo, with no activity outside the municipality. Entrepreneurs should be aware of the fluctuating trends in sales and the number of employees, as well as carefully analyze competitors. SmartGrunder can help find suitable locations and provide further analysis to support entrepreneurs in making decisions.