Industry · municipality
Ethnic Grocery Store in Elverum
An analysis of the industry, companies, and prospects in the municipality of Elverum
Executive Summary
Industry Overview
The ethnic grocery store industry in Elverum is a very small industry with only one registered company. The only active company, Acm V/anne C M Silkoset, has no employees and no reported sales revenue. The industry shows no activity in terms of employees or sales growth over the past few years. This suggests that the industry has not been active in the municipality for a long time, or that the sole company has not reported data correctly.
Comparison with the Overarching Industry
The overarching services industry in Elverum has shown more dynamism, with sales increasing by over 20% from 2019 to 2020 and stable employee growth over the years. This indicates that services have generally been a more active and growth-oriented industry in the municipality compared to ethnic grocery stores.
Economic Overview
Sales and Employee Development
According to data from the municipality, the ethnic grocery store industry in Elverum has had no sales revenue or employees throughout the period 2016–2026. There are no registered sales growth or employee development in the industry, which suggests that it has not been active in the municipality for a long time.
Data from Registered Companies
Only one company is registered in the industry in Elverum, and this company has no reported sales revenue, no employees, and no operating profit. There is no data on growth or operating profit for the company over the years.
Companies in the Industry
Registered Companies in the Industry
Only one company is registered in the ethnic grocery store industry in Elverum:
| Name | Address | Organizational Form | Year of Incorporation | Employees | Sales Revenue | Operating Profit |
|---|---|---|---|---|---|---|
| Acm V/anne C M Silkoset | Grundsetvegen 40, Elverum | ENK | 1995 | 0 | NOK 0 | NOK 0 |
Organizational Forms
Only one company is registered, and this has the organizational form ENK (sole proprietorship). There is no data on company structure or ownership for the company.
Business Geography
Distribution of Activity in the Municipality
Only one company is registered in the industry, and this is located at Grundsetvegen 40, Elverum. There is no data on the distribution of activity between other districts or locations in the municipality. No activity has been registered in other parts of Elverum in this industry.
Business Dynamics
Financial Viability and Bankruptcy Statistics
There are no registered bankruptcies in the ethnic grocery store industry in Elverum in recent years. The only registered company, Acm V/anne C M Silkoset, is not bankrupt, but has no employees and no sales revenue. This suggests that the company has not been active in the municipality for a long time, or that it has not reported data correctly.
Operating Profit and Financing
There is no data on operating profit, equity, or debt for the company. No operating activity has been registered in the industry in the municipality.
Outlook
Outlook for Entrepreneurs
The ethnic grocery store industry in Elverum shows no activity in the form of employees, sales revenue, or operating profit. This suggests that it is not a thriving industry in the municipality, and that no activity has been registered in the industry over the past few years. Entrepreneurs considering establishing themselves in this industry in Elverum must therefore assess whether it is possible to find a market or customer base based on local needs.
Challenges and Opportunities
There is no data on competing companies or market potential in the industry. Entrepreneurs must therefore assess whether it is possible to establish themselves in an industry that has not shown activity in the municipality for a long time. It may be challenging to find customers and establish a business model in an industry without existing activity.
Parent Outlook
Comparison with the Overarching Industry
The overarching services industry in Elverum has shown more dynamism, with sales increasing by over 20% from 2019 to 2020 and stable employee growth over the years. This indicates that services have generally been a more active and growth-oriented industry in the municipality compared to ethnic grocery stores.
Peer Analysis
Below are some of the key companies in the overarching services industry in Elverum:
| Name | Address | Sales Revenue | Employees | EBITDA |
|---|---|---|---|---|
| Kiwi Avd. 072 Ydalir | Olav Sæters veg 2, 2413 Elverum | NOK 144.2M | 35 | NOK 7.7M |
| Kiwi Avd 043 Fjeldset | C.J.Hambros veg 2, 2414 Elverum | NOK 78.7M | 20 | NOK 4.2M |
| Kiwi Avd 084 Grindalsmoen | Jegerstien 24, 2406 Elverum | NOK 72.1M | 20 | NOK 3.9M |
| Kiwi Avd 053 Elverum | Torggata 3, 2408 Elverum | NOK 65.6M | 13 | NOK 3.5M |
| Obs Dagligvare Elverum | Torggata 1, 2408 Elverum | NOK 120.7M | 35 | NOK 2.9M |
Conclusion
The services industry in Elverum has shown more activity and growth compared to ethnic grocery store. Entrepreneurs considering establishing themselves in Elverum should therefore assess whether it is possible to find a market in a more active industry, such as services, instead of ethnic grocery stores.
Other companies in tjenester (not in ethnic grocery store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Kiwi Avd. 072 Ydalir | supermarket chain | Olav Sæters veg 2, 2413 Elverum | NOK 144.2M | 35 | NOK 7.7M |
| Kiwi Avd 043 Fjeldset | supermarket chain | C.J.Hambros veg 2, 2414 Elverum | NOK 78.7M | 20 | NOK 4.2M |
| Kiwi Avd 084 Grindalsmoen | supermarket chain | Jegerstien 24, 2406 Elverum | NOK 72.1M | 20 | NOK 3.9M |
| Kiwi Avd 053 Elverum | supermarket chain | Torggata 3, 2408 Elverum | NOK 65.6M | 13 | NOK 3.5M |
| Obs Dagligvare Elverum | supermarket chain | Torggata 1, 2408 Elverum | NOK 120.7M | 35 | NOK 2.9M |
| Aaseth Dagligvare As | supermarket | Meierigata 2, 2406 Elverum | NOK 49.5M | 0 | NOK 2.8M |
| Normal Norge As Avd No1041 Elverum Amfi Elverum | discount store | Amfi Elverum|Torggata 3, 2408 | NOK 19.2M | 17 | NOK 2.2M |
| Normal Norge As Avd No1159 Elverum, Kremmertorget | discount store | Kirkevegen 4, 2414 Elverum | NOK 19.2M | 10 | NOK 2.2M |
| Europris Elverum 249 | other non-specialised store | Olav Sæters veg 6, 2413 Elverum | NOK 18.1M | 8 | NOK 2.0M |
| Spar Søbakken | supermarket chain | Søbakkvegen 2, 2409 Elverum | NOK 63.3M | 24 | NOK 1.8M |
| Ohlson Clas As Avd Elverum | other non-specialised store | Torggata 3, 2408 Elverum | NOK 28.2M | 13 | NOK 1.4M |
| Extra Grindalsmoen | supermarket chain | Torolf Storsveens veg 26, 2406 Elverum | NOK 49.4M | 18 | NOK 1.2M |
| Lars Bjølseth As | supermarket chain | Søbakkvegen 115, 2409 Elverum | NOK 90.3M | 24 | NOK 1.1M |
| Odd Og Hege's Helsekost As | food/beverages/tobacco stores | Torggata 3, 2408 Elverum | NOK 7.7M | 9 | NOK 817.0K |
| Coop Sørskogbygda | supermarket chain | Slåttsvevegen 5, 2412 Sørskogbygda | NOK 13.7M | 0 | NOK 325.5K |
| Meny | supermarket chain | Kirkevegen 4, 2414 Elverum | NOK 73.4M | 31 | NOK 241.0K |
| Elverum Asia Mat As | food/beverages/tobacco stores | Storgata 23A, 2414 Elverum | NOK 7.3M | 11 | NOK 70.0K |
| Norsk Helse As | food/beverages/tobacco stores | Blåklokkevegen 3, 2409 Elverum | NOK 1.4M | 2 | NOK 8.0K |
| Anita Marie Kristiansen Stasjonsbutikken As | supermarket | Solørvegen 966, 2415 Heradsbygd | NOK 0 | 2 | NOK 0 |
| Aureas | discount store | c/o Vidar Brænden|Damtjernvegen 210, 2413 Elverum | NOK 0 | 0 | NOK 0 |
| Borgheim Kiosk Ans | supermarket | Hamarveien 5, 2408 Elverum | NOK 0 | 0 | NOK 0 |
| Cher's Boutique Butngam | other non-specialised store | Grevlingvegen 1, 2406 Elverum | NOK 0 | 0 | NOK 0 |
| D. Sæter As | supermarket chain | Johan Falkbergets veg 2, 2407 Elverum | NOK 0 | 10 | NOK 0 |
| Dollarstore Avd Elverum | discount store | Torggata 3, 2408 Elverum | NOK 0 | 4 | NOK 0 |
| Elverum Sykehus Butikk 118 Hval Ekeberg Ans | supermarket | Elverum S Sykehus, 2408 | NOK 0 | 0 | NOK 0 |
| Extra Vestad | supermarket chain | Meierigata 2, 2406 Elverum | NOK 0 | 15 | NOK 0 |
| Fredrik & Louisa As Avd Elverum | discount store | Torggata 3, 2408 Elverum | NOK 0 | 10 | NOK 0 |
| Glitre Kolonial As | supermarket | Elvarheimgata 5, 2414 Elverum | NOK 0 | 8 | NOK 0 |
| Glommen Mat As | supermarket | Lundgaardvegen 17, 2408 Elverum | NOK 0 | 5 | NOK 0 |
| Halvorsen | food/beverages/tobacco stores | Røsslyngvegen 3C, 2409 Elverum | NOK 0 | 0 | NOK 0 |
| Halvorsen | gourmet food store | Røsslyngvegen 3C, 2409 Elverum | NOK 0 | 0 | NOK 0 |
| Ilam Mat As | meat store | Mostuvegen 51, 2415 Heradsbygd | NOK 0 | 0 | NOK 0 |
| Ilam Mat As | meat store | Mostuvegen 51, 2415 Heradsbygd | NOK 0 | 0 | NOK 0 |
| Kiwi Avd 085 Hanstad | supermarket chain | Johan Falkbergets veg 4, 2407 Elverum | NOK 0 | 17 | NOK 0 |
| Makra As | other non-specialised store | Gamle Trysilveg 52, 2413 Elverum | NOK 0 | 0 | NOK 0 |
| Marianne Holter Grambo | supermarket | Heggebærvegen 20, 2409 Elverum | NOK 0 | 0 | NOK 0 |
| Narvesen Butikk 118 | kiosk chain | Kirkevegen 31, 2413 Elverum | NOK 0 | 8 | NOK 0 |
| Nordgloss By Lacatus Enk | other non-specialised store | Jernbanegata 5, 2406 Elverum | NOK 0 | 0 | NOK 0 |
| Rema 1000 Terningen | supermarket chain | Jegerstien 2A, 2406 Elverum | NOK 0 | 18 | NOK 0 |
| Rollo Tobak & Frukt Ans | supermarket | Storgata 1, 2408 Elverum | NOK 0 | 0 | NOK 0 |
Conclusion
The ethnic grocery store industry in Elverum shows no activity in the form of employees, sales revenue, or operating profit. There is only one registered company in the industry, and this has no reported data. Entrepreneurs considering establishing themselves in this industry in Elverum must therefore assess whether it is possible to find a market or customer base based on local needs. It may be challenging to establish oneself in an industry without existing activity.
Advice for Entrepreneurs
SmartGrunder can help entrepreneurs find suitable addresses and locations in Elverum to establish themselves in an industry with potential growth, such as services. It is important to assess whether it is possible to find a market in a more active industry in the municipality.