Beverages Store in Time: Industry Overview and Outlook

Industry Summary

The beverages store industry in Time municipality is a small but active sector with a single company, Vaaland Spesialbutikken As, operating in Bryne. The company has 9 employees and reports a sales volume of 15.6 million NOK in 2025. The industry shows a slightly variable development over the years, with a decline in the number of employees from 24 in 2016 to 10 in 2023, followed by stabilization in 2024. The industry has not recorded any bankruptcies, indicating a relatively stable industry structure. For entrepreneurs, this may represent an opportunity to establish themselves in a competitive but not overpopulated sector.

The beverages store industry in Time has shown a slightly variable development over the past few years. The sales volume has fluctuated between 15.2 million NOK (2019) and 16.9 million NOK (2017), with a decrease of 10.4% from 2021 to 2022. In 2025, the sales volume is 15.2 million NOK, indicating a slight stabilization after a period of decline. The number of employees has also shown significant variations, with a decline from 24 in 2016 to 10 in 2023, followed by an increase to 11 in 2025. This suggests an industry that has been affected by external factors but has shown gradual adaptation over time.

In Time municipality, one company is registered within the beverages store industry:

The company has a legal form of AS and operates in Bryne. It has not recorded any bankruptcies, indicating stable operations. The company has a 0% EBITDA margin, which may suggest weak profitability in the industry.

Beverages store activity in Time municipality is concentrated in Bryne, where one company is registered. Bryne is an important commercial town in Rogaland and has good infrastructure, which can be an advantage for businesses in the industry. No activity is registered in other parts of the municipality, indicating a concentration of the industry in a single area.

The beverages store industry in Time has not recorded any bankruptcies in recent years, indicating a relatively stable industry structure. The only company in the industry, Vaaland Spesialbutikken As, has not been bankrupt, and no other companies in the industry have been affected by bankruptcy. This may suggest an industry that has been able to adapt to market conditions without losing companies. However, data on the number of employees and sales volume shows that the industry has been affected by variations in operating results over time.

Outlook for Entrepreneurs

For entrepreneurs considering establishing themselves in the beverages store industry in Time municipality, data indicates an industry with potential for stabilization after a period of decline. With one company in the industry and a concentration of activity in Bryne, it may be possible to establish oneself in a competitive but not overpopulated sector. However, it is important to be aware of the variations in sales volume and number of employees that have been characteristic of the industry. Entrepreneurs should also consider potential collaboration opportunities with existing companies in the industry to strengthen their position in the market.

The broader services sector in Time municipality has shown a more stable development compared to the beverages store industry. The sales volume in the services sector has grown from 881.1 million NOK in 2016 to 1.165 billion NOK in 2024, followed by a decline to 970.2 million NOK in 2025. The number of employees in the services sector has also shown a more stable development, with a decline from 497 in 2016 to 385 in 2025. This shows that the services sector has been more resilient over time, which can be an advantage for entrepreneurs considering establishing themselves in this sector. However, the beverages store industry may offer opportunities for specialized businesses that can leverage the existing infrastructure in Bryne.

The beverages store industry in Time municipality is a small but active sector with potential for stabilization after a period of decline. With one company in the industry and a concentration of activity in Bryne, it may be possible to establish oneself in a competitive but not overpopulated sector. Entrepreneurs should consider potential collaboration opportunities with existing companies in the industry and be aware of the variations in sales volume and number of employees that have been characteristic of the industry. SmartGrunder can help entrepreneurs find suitable addresses in Time municipality for businesses in the beverages store industry.