The Pet Shop Industry in Karmøy: An Analysis of Companies, Economy, and Prospects

The pet shop industry in Karmøy is a small but economically variable sector with 10 registered companies. Two of these have active operations with employees, while the rest have either zero employees or are recently started. Sales have shown uneven development, with an increase from 2022 to 2024, but a decline in 2025. Employment has been declining since 2016, with a brief increase in 2023. The industry has no bankruptcy registrations, but shows signs of instability in some of the largest companies.

Sales and Employee Development

Sales have increased by 63% from 2016 to 2023, but had a decline of 4.7% in 2025. Employment has fallen by 71% over the same period. The most significant sales increase occurred in 2022 (32.3% annual growth), while employment has been stable from 2020 to 2023 before a decline in 2026.

Registered Companies in the Industry

1. Musti Karmøy (Veavågen) – AS, 5 employees, sales 8.9M NOK, operating profit 268.0K NOK
2. Dyrisk As (Åkrehamn) – AS, 4 employees, sales 3.7M NOK, operating loss 84.0K NOK
3. Damverket Bårdsen (Avaldsnes) – ENK, 0 employees
4. Lervik Zoo As (Karmsund) – AS, 0 employees, operating loss 321.0K NOK
5. Litersyken As (Skudeneshavn) – AS, 0 employees
6. Morten Gudmundsen (Kopervik) – ENK, 0 employees
7. Pawtalk As (Veavågen) – AS, 0 employees
8. Vaage Det Meste As (Kvalavåg) – AS, 0 employees

Organizational form: 2 AS companies (20% of the total) and 8 ENK companies (80% of the total). AS companies have a total of 9 employees and 12.7M NOK in sales.

Geographic Distribution of Activity

Veavågen dominates with two companies and 5 employees, while Åkrehamn has one company with 4 employees. Companies in Veavågen have higher operating profit (268.0K NOK) compared to the loss in Åkrehamn of -84.0K NOK.

Operational Efficiency and Bankruptcies

• Bankruptcies: No companies in the industry are registered in bankruptcy.
• Operational Efficiency:
• Musti Karmøy has a high margin (5%) and positive EBITDA (486.2K NOK).
• Dyrisk As has negative EBITDA (-82.0K NOK) and low operating margin (-2%).
• Lervik Zoo As has negative EBITDA (-291.0K NOK) and a 36% sales decline in 2025.
• Instability: Two of the largest companies have shown negative development in 2025, while the rest have zero operational activity.

Outlook for Entrepreneurs

The pet shop industry in Karmøy shows patterns that may be interesting for entrepreneurs:

• Stable sales figures: Sales have increased by 63% from 2016 to 2023, although there was a decline in 2025.
• Low bankruptcy risk: No companies are registered in bankruptcy, indicating a relatively stable sector.
• Notable margins: Musti Karmøy has a high EBITDA margin (5%) and positive operations, while other companies have negative results.
• Lack of development: The number of companies has not increased since 2016, which may indicate a lack of new players.

Potential opportunities:

• Development of existing companies with high margins (such as Musti Karmøy).
• New companies in areas without active operations (such as Kvalavåg, Skudeneshavn).
• Focus on operational improvements for companies with negative results (such as Dyrisk As and Lervik Zoo As).

Attention: The high operating margins of some companies may indicate potential areas for improvement in the industry.

The pet shop industry in Karmøy is a small but economically variable sector with potential for development. Although there are few companies, data on stable sales figures and low bankruptcy risk indicate that the industry can be attractive for new players. SmartGrunder can help entrepreneurs find suitable addresses in Karmøy for this industry, based on data on operational efficiency and market conditions.