Ranking of cosmetics companies in Norway 2020, by turnover

As of April 2020, Vita AS was the leading company in the Norwegian cosmetics, perfume and hairdressing industry, based on its revenue of approximately 1.2 billion Norwegian kroner. Vita is a Norwegian beauty and wellness chain, offering products for face, hair, and body, make-up, scents, as well as healthy and natural organic products. Additionally, the company sells accessories and gift sets. In recent years from 2016 to 2018, the profit generated by the drugstore chain decreased from 82 million Norwegian kroner to roughly 40 million Norwegian kroner.

 Operating profit 

From 2008 to 2016, Vita AS’ operating profit increased constantly. Within this period, the company’s operating profit peaked in 2016 at 112 million Norwegian kroner. However, in the following three years, it decreased strongly as the annual profit did, and amounted to 54 million Norwegian kroner in 2018.  

 L’Oreal Norway 

In the revenue ranking of cosmetics companies in Norway, L’Oreal Norge AS came in second place. As of April 2020, the company generated a little over 1.1 billion Norwegian kroner. L'Oreal Norge AS belongs to the French company L'Oreal S.A. and offers perfume, make-up, shampoo, hygiene, personal care, and other toiletry products. Regarding the company’s annual profit, it fluctuated from 2008 to 2018. By the end of that period the profit was around 87 million Norwegian kroner.

Ranking of companies in the cosmetics, perfume and hairdressing industry in Norway as of April 2020, by turnover

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Source

Release date

2020

Region

Norway

Survey time period

as of March 2020

Special properties

Excl. subsidiaries; net sales; turnover always based on the latest available financial statement

Supplementary notes

Figures have been rounded.

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Statistics on "Cosmetics and personal care industry in Norway"

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