Industry · municipality
Ethnic Grocery Store in Bjørnafjorden
An analytical article about the industry, companies, and outlook in the municipality of Bjørnafjorden for entrepreneurs and local decision-makers in 2025–2026.
Executive Summary
Industry Overview
The ethnic grocery store industry in Bjørnafjorden is represented by one active company, Maimai As, operating in Os. This company has shown stable growth in both sales and number of employees over the past few years, with annual sales growth of up to 21.7% and an increase in the number of employees from 0 to 15 between 2020–2026. There are no registered bankruptcies in the industry, indicating a relatively stable industry structure. Maimai As is an AS with 16 employees and has a high EBITDA margin of 8%, demonstrating good operational efficiency.
Economic Overview
Sales and Employee Development:
- Sales: From NOK 0 in 2016, sales have increased to NOK 10.0M in 2025, with an average annual growth of 13.5%. The most significant increase occurred between 2019 and 2020, with a growth of 610.0%.
- Employees: The number of employees has increased from 0 in 2016 to 15 in 2024, with an average annual growth of 28.6%. However, there are small variations in the number of employees over time, such as from 15 in 2024 to 11 in 2025.
Operational Results: Maimai As has a high gross profit margin of 70% and an operating profit margin of 7%. EBITDA is NOK 848.0K, with an EBITDA margin of 8%, indicating good operational efficiency.
Companies in the Industry
Maimai As is the only registered company in the industry in Bjørnafjorden. This company has the following details:
- Location: Prestegardskogen 2, Os
- Legal Form: AS
- Founded: 2013-03-21
- Number of Employees: 16
- Bankruptcy Status: Not bankrupt
- Sales: NOK 10.2M
- EBITDA: NOK 848.0K
- Debt: NOK 3.2M
- Equity: NOK 1.7M
Legal Form Statistics:
- AS: 1 company, 16 employees, NOK 10.2M in sales, NOK 848.0K in EBITDA.
Business Geography
Os is the only city in Bjørnafjorden with activity in the ethnic grocery store industry. Here we find the following statistics:
- Number of Companies: 1
- Number of Employees: 16
- Operating Income: NOK 10.2M
- Sales: NOK 10.2M
- Wages: NOK 4.3M
- Operating Profit: NOK 751.0K
- EBITDA: NOK 848.0K
- Gross Profit: NOK 7.2M
- Total Equity: NOK 1.7M
- Total Debt: NOK 3.2M
- Sales Growth: 4%
- Operating Income per Employee: NOK 844.8K
- EBITDA Margin: 8%
- EBITDA per Employee: NOK 70.1K
- Gross Margin: 70%
- Operating Margin: 7%
Business Dynamics
Bankruptcy Statistics: There are no registered bankruptcies in the ethnic grocery store industry in Bjørnafjorden, indicating a stable industry structure.
Bankrupt Companies: There are no registered bankrupt companies in the industry.
Operational Efficiency: Maimai As has a high EBITDA margin of 8% and good operational efficiency, indicating that the industry has potential for further growth.
Outlook
Outlook for Entrepreneurs
The ethnic grocery store industry in Bjørnafjorden has shown clear growth in both sales and number of employees over the past few years. With annual sales growth of up to 21.7% and an increase in the number of employees from 0 to 15, there are clear signs that the industry has potential for further development. There are also no bankruptcies in the industry, indicating a stable industry structure. For entrepreneurs, this could be a good starting point to establish themselves in the municipality, especially in Os, which is the only place with activity in the industry.
Outlook for the Services Sector
The Services Sector in Bjørnafjorden has significantly more activity than the ethnic grocery store industry, with 53 companies in the sector compared to one in the industry. Sales in the services sector have grown from NOK 137.5M in 2016 to NOK 1,149.5M in 2024, with an average annual growth of 22.5%. The number of employees has also increased from 100 in 2016 to 535 in 2026, with an average annual growth of 15.5%.
Peer Companies in the Services Sector:
| Name | Address | Sales | Number of Employees | EBITDA |
|---|---|---|---|---|
| Ng Kiwi Vest As Avd 859 Moberg | Storhaugen 2, 5209 Os | NOK 112.7M | 35 | NOK 5.0M |
| Meny Os | Industrivegen 2, 5210 Os | NOK 104.5M | 51 | NOK 5.0M |
| Extra Os | Prestegardskogen 2, 5210 Os | NOK 112.9M | 19 | NOK 4.5M |
| Ng Kiwi Vest As Avd 815 Gudridflaten | Gudridflaten 3, 5210 Os | NOK 87.1M | 23 | NOK 3.9M |
| Ng Kiwi Vest As Avd 885 Haugsneset | Steinneset 2, 5200 Os | NOK 87.1M | 18 | NOK 3.9M |
Contrast Between the Services Sector and the Ethnic Grocery Store Industry:
- Sales: The services sector has significantly higher sales than the ethnic grocery store industry, with an average annual growth of 22.5% compared to 13.5% in the industry.
- Number of Employees: The services sector also has a significantly higher number of employees, with an average annual growth of 15.5% compared to 28.6% in the industry.
- EBITDA: The services sector has a higher EBITDA than the ethnic grocery store industry, with an average annual growth of 10.5% compared to 8% in the industry.
Other companies in tjenester (not in ethnic grocery store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Ng Kiwi Vest As Avd 859 Moberg | supermarket chain | Storhaugen 2, 5209 Os | NOK 112.7M | 35 | NOK 5.0M |
| Meny Os | supermarket chain | Industrivegen 2, 5210 Os | NOK 104.5M | 51 | NOK 5.0M |
| Extra Os | supermarket chain | Prestegardskogen 2, 5210 Os | NOK 112.9M | 19 | NOK 4.5M |
| Ng Kiwi Vest As Avd 815 Gudridflaten | supermarket chain | Gudridflaten 3, 5210 Os | NOK 87.1M | 23 | NOK 3.9M |
| Ng Kiwi Vest As Avd 885 Haugsneset | supermarket chain | Steinneset 2, 5200 Os | NOK 87.1M | 18 | NOK 3.9M |
| Ng Kiwi Vest As Avd 861 Idrettsvegen | supermarket chain | Idrettsvegen 2, 5210 Os | NOK 76.9M | 22 | NOK 3.4M |
| Venjaneset Mat As | supermarket chain | 0, 5641 Fusa | NOK 41.9M | 22 | NOK 3.3M |
| Nore Neset Mat As | supermarket | Ulvenvegen 373, 5217 Hagavik | NOK 70.6M | 33 | NOK 2.2M |
| Normal Norge As Avd No1201 Os | discount store | Prestegardskogen 2A, 5210 Os | NOK 19.2M | 14 | NOK 2.2M |
| Eikeland/rød Eiendom As | supermarket | 0, 5640 Eikelandsosen | NOK 1.9M | 0 | NOK 1.7M |
| Hope Handel As | supermarket chain | Byvegen 85, 5200 Os | NOK 107.9M | 22 | NOK 1.1M |
| Spar Amfi Os | supermarket chain | Prestegardskogen 2, 5210 Os | NOK 43.0M | 20 | NOK 1.0M |
| Eikelandsosen Mat As | supermarket | Fjordn Senter, 5640 Eikelandsosen | NOK 51.1M | 22 | NOK 858.0K |
| Os Lavpris As | other non-specialised store | c/o Flåten|Prestegardskogen 2B, 5210 Os | NOK 52.0M | 20 | NOK 498.0K |
| Nore Fusa As | supermarket | Holsundvegen 79, 5642 Holmefjord | NOK 9.2M | 8 | NOK 489.0K |
| Brødrene Eikeland As | supermarket | 0, 5640 Eikelandsosen | NOK 34.1M | 14 | NOK 324.0K |
| Vedholmen Landhandel As | supermarket | VEDHOLMEN, 5216 Lepsøy | NOK 23.7M | 5 | NOK 311.0K |
| Naturkost Os As | supermarket | Prestegardskogen 2A, 5210 Os | NOK 5.1M | 5 | NOK 284.0K |
| Revnestranden Handel Sa | supermarket | Sundvorvegen 670, 5647 Baldersheim | NOK 9.7M | 4 | NOK 184.0K |
| Extra Irisgården | supermarket chain | Hamnevegen 48, 5200 Os | NOK 4.2M | 15 | NOK 168.1K |
| Revnestrand Næringsbygg As | supermarket | Baldersheim, 5647 | NOK 16.0K | 0 | NOK 92.0K |
| Kiosk1 As | supermarket | Industrivegen 1, 5210 Os | NOK 7.4M | 6 | NOK 31.0K |
| Bakeri Loic As | supermarket chain | Stegen 2B, 5200 Os | NOK 0 | 9 | NOK 0 |
| Bogavik Samyrkjelag Sa | supermarket | Bogavegen 78, 5642 Holmefjord | NOK 0 | 0 | NOK 0 |
| Bolstad Knut | supermarket | Øvre Hålandsdal 797, 5640 Eikelandsosen | NOK 0 | 0 | NOK 0 |
| Clas Ohlson As Avd Os | other non-specialised store | Prestegardskogen 2, 5210 Os | NOK 0 | 13 | NOK 0 |
| Coop Prix Øyane | supermarket chain | Røtingavegen 112, 5216 Lepsøy | NOK 0 | 12 | NOK 0 |
| Eivind Hodneland | gourmet food store | Kuventrævegen 25, 5210 Os | NOK 0 | 0 | NOK 0 |
| Equal Invest As | other non-specialised store | Røtingavegen 107, 5216 Lepsøy | NOK 0 | 0 | NOK 0 |
| Extra Osøyro | supermarket chain | Øyro 59, 5200 Os | NOK 0 | 11 | NOK 0 |
| Hcg Haugland Consulting Group | food/beverages/tobacco stores | Ingjelsbrekko 15, 5208 Os | NOK 0 | 0 | NOK 0 |
| Hordalife Ulf Christian Lunde | meat store | v/Ulf Lunde|Kuvenbakken 41, 5200 Os | NOK 0 | 0 | NOK 0 |
| Kjøpmann Solheim As | supermarket | Langedalen 3, 5212 Søfteland | NOK 0 | 27 | NOK 0 |
| Malina Os As | supermarket | Øyro 31, 5200 Os | NOK 0 | 5 | NOK 0 |
| Monsatufto Bær Og Gårdsprodukter Skotheim | food/beverages/tobacco stores | Søvikvegen 72, 5215 Lysekloster | NOK 0 | 0 | NOK 0 |
| Ng Kiwi Vest As Avd 848 Søvik | supermarket chain | Stokkabakkane 1, 5215 Lysekloster | NOK 0 | 0 | NOK 0 |
| Nyta Maten As | supermarket chain | REMA 1000 MOBERG|Kuvågvegen 5, 5209 Os | NOK 0 | 22 | NOK 0 |
| Os Bygg & Fritid Tor Egil Myksvoll | other non-specialised store | Strønevegen 121, 5217 Hagavik | NOK 0 | 0 | NOK 0 |
| P H Haugen Landhandel Innehaver Trygve Haugen | supermarket | Sævareidvegen 673, 5645 | NOK 0 | 2 | NOK 0 |
| Phillipceline As | supermarket chain | Lyseklostervegen 288, 5215 | NOK 0 | 25 | NOK 0 |
Conclusion
The ethnic grocery store industry in Bjørnafjorden has shown clear growth in both sales and number of employees over the past few years, with average annual growth of 13.5% and 28.6% respectively. There are no bankruptcies in the industry, indicating a stable industry structure. For entrepreneurs, this could be a good starting point to establish themselves in the municipality, especially in Os, which is the only place with activity in the industry. SmartGrunder can help entrepreneurs find suitable addresses in the municipality for this industry.