Industry · municipality
Ethnic Grocery Store in Færder
An analysis of the industry, companies, and outlook
Executive Summary
Industry Overview
Ethnic grocery stores in Færder represent an industry with very limited activity. Historical data shows there was a single company in 2017, but since then, no companies have been registered. Sales reached a single peak in 2017 with NOK 1.8 million, before declining back to zero. Employment has been equally unstable, with one employee in 2017 and then zero.
Outlook for Entrepreneurs
For entrepreneurs considering starting an ethnic grocery store in Færder, data shows the industry has not been active in the municipality since 2017. This may indicate weak market demand or competitiveness in the area. However, there may be opportunities in nearby sectors within services, as shown in the parent-outlook section.
Economic Overview
Sales and Employees in Ethnic Grocery Stores in Færder
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 0 | 0 |
| 2017 | 1.8M | 1 |
| 2018 | 0 | 0 |
| 2019–2026 | 0 | 0 |
Data shows a sharp decline in sales and employees from 2017 to 2018, with a -100% annual decline. There has been no activity in the industry since 2017, indicating an industry in stagnation or decline in the municipality.
Companies in the Industry
No companies have been registered in ethnic grocery stores in Færder after 2017. The only company ever registered had one employee and sales of NOK 1.8 million in 2017. No business structures have been registered for this industry in the municipality after 2017.
Business Geography
Activity in Different Neighborhoods in Færder
| Neighborhood | Number of Ethnic Grocery Store Companies |
|---|---|
| Tjøme | 0 |
| Nøtterøy | 0 |
| Vestskogen | 0 |
Despite the lack of activity in ethnic grocery stores, there is activity in the services sector in these neighborhoods. This may indicate potential markets for other services in the area.
Business Dynamism
There are no bankruptcy registrations for ethnic grocery stores in Færder. The only company ever registered had one employee and sales of NOK 1.8 million in 2017. There have been no relevant bankruptcies in the industry since 2017, indicating no major financial challenges in the industry in the municipality.
Outlook
Outlook for Entrepreneurs
For entrepreneurs considering starting an ethnic grocery store in Færder, data shows the industry has not been active in the municipality since 2017. This may indicate weak market demand or competitiveness in the area. However, there may be opportunities in nearby sectors within services, as shown in the parent-outlook section.
Outlook for the Services Sector
Sales and Employees in the Services Sector in Færder
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 891M | 471 |
| 2017 | 850M | 446 |
| 2018 | 912M | 398 |
| 2019 | 896M | 394 |
| 2020 | 1,039M | 431 |
| 2021 | 966M | 425 |
| 2022 | 911M | 420 |
| 2023 | 760M | 398 |
| 2024 | 789M | 395 |
| 2025 | 817M | 380 |
The services sector has been more stable than ethnic grocery stores, with growth from 2023 to 2025. This may indicate potential opportunities for entrepreneurs in nearby service sectors in Færder.
Other companies in tjenester (not in ethnic grocery store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Ng Spar Vestfold Telemark As Spar Tjøme | supermarket chain | Korsholmveien 1, 3145 Tjøme | NOK 286.2M | 52 | NOK 15.1M |
| Ng Kiwi Vestfold Telemark As Avd 376 Kjøpmannskjær | supermarket chain | Kirkeveien 540, 3143 Kjøpmannskjær | NOK 153.9M | 41 | NOK 7.8M |
| Jon Bye Andersen As | supermarket chain | Skallestadveien 2, 3138 | NOK 141.3M | 62 | NOK 7.6M |
| Ng Kiwi Vestfold Telemark As Avd 427 Vestskogen | supermarket chain | Kjernåsveien 11, 3142 Vestskogen | NOK 138.5M | 30 | NOK 7.0M |
| Landsrød Dagligvare As | supermarket chain | Fjærholmveien 1, 3132 Husøysund | NOK 43.8M | 14 | NOK 2.4M |
| Sundseth As | supermarket | Hvasserveien 247, 3148 | NOK 15.4M | 15 | NOK 1.1M |
| Solberg Mat As | supermarket chain | Haugsjordet 2, 3145 Tjøme | NOK 64.2M | 16 | NOK 998.0K |
| Skjerve Kiosken V/b T Larsen | supermarket | Kirkeveien 285, 3140 Nøtterøy | NOK 4.0M | 4 | NOK 744.0K |
| Anders Knutsen Dagligvare As | supermarket chain | Smidsrødveien 11, 3120 Nøtterøy | NOK 92.5M | 23 | NOK 625.0K |
| Tjøme Kolonial As | supermarket | Vestveien 644, 3145 Tjøme | NOK 14.6M | 11 | NOK 408.0K |
| Afk Handel As | discount store | c/o Fekjær Holding AS|Nesbryggveien 13, 3133 Duken | NOK 0 | 0 | NOK 0 |
| Alexander Thomassen As | supermarket chain | c/o REMA 1000 Tjøme|Haugsjordet 5, 3145 | NOK 0 | 25 | NOK 0 |
| All You Need Susan Nordnes | other non-specialised store | Fossåsveien 16, 3132 Husøysund | NOK 0 | 0 | NOK 0 |
| Bjørnar Ottesen | food/beverages/tobacco stores | Linerleveien 7, 3142 Vestskogen | NOK 0 | 0 | NOK 0 |
| Coop Sørøst Sa Extra Nøtterøy Avd 4781 | supermarket chain | Smidsrødveien 39, 3120 Nøtterøy | NOK 0 | 15 | NOK 0 |
| Corwal As | other non-specialised store | Kornveien 1, 3120 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Diamanzgroup, Ghada Kuhail | supermarket | Kirkeveien 346A, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Dubbedåre Ringqvist Skomsøy | other non-specialised store | Svaleveien 2A, 3142 Vestskogen | NOK 0 | 0 | NOK 0 |
| Duken Partners Ans | other non-specialised store | Ankerveien 2, 3133 Duken | NOK 0 | 0 | NOK 0 |
| Easy Won Rasmussen | supermarket | Søndre Strandvei 33, 3145 Tjøme | NOK 0 | 0 | NOK 0 |
| Engø Design Jonassen | other non-specialised store | Mølledammen 64, 3145 Tjøme | NOK 0 | 0 | NOK 0 |
| Faugli Accessories And Beauty Agency | other non-specialised store | c/o Camilla Faugli|Nedre Fjærholmvei 56, 3132 Husøysund | NOK 0 | 0 | NOK 0 |
| Fjellveien Dagligvare Ans | supermarket | Fjellveien 46, 3121 Nøtterøy | NOK 0 | 0 | NOK 0 |
| From France To Fjord As | supermarket | Skarphagaveien 18, 3120 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Handelshuset Norge As | other non-specialised store | Haugsjordet 7, 3145 Tjøme | NOK 0 | 0 | NOK 0 |
| Her Hvasser As | fish store | Fynveien 1, 3148 Hvasser | NOK 0 | 0 | NOK 0 |
| Her Hvasser As | fish store | Fynveien 1, 3148 Hvasser | NOK 0 | 0 | NOK 0 |
| Hvasser Isbar Jon Stensvold | supermarket | Nestvikveien 1E, 3135 Torød | NOK 0 | 15 | NOK 0 |
| Kløw Consult | gourmet food store | Sundveien 48B, 3128 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Mad Second Hand Dahl | other non-specialised store | Moveien 7, 3145 Tjøme | NOK 0 | 0 | NOK 0 |
| Martin Grøtterud As | supermarket chain | REMA 1000 BORGHEIM|Semsveien 1, 3140 Nøtterøy | NOK 0 | 26 | NOK 0 |
| Ng Kiwi Vestfold Telemark As Avd 972 Hjemseng | supermarket chain | Hjemsengveien 107, 3133 Duken | NOK 0 | 32 | NOK 0 |
| Nye Teie Dagligvaredrift As | supermarket chain | Ørsnesalleen 37, 3120 Nøtterøy | NOK 0 | 55 | NOK 0 |
| Nøtterøy Frukt Og Tobakk Ans | supermarket | Sentrumsbygget, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Oseberg Pharma As | supermarket | Ravnveien 31, 3128 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Ottos Webshop | other non-specialised store | Movikåsen 26A, 3135 Torød | NOK 0 | 0 | NOK 0 |
| Pedersens Artigereliv | other non-specialised store | Sløyfeveien 17, 3120 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Ro Tran Bær | fruit/vegetables stores | Øvre Smidsrødvei 35B, 3120 Nøtterøy | NOK 0 | 4 | NOK 0 |
| Roy Sandåker Trading | food/beverages/tobacco stores | Kirkeveien 89, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Ryen & Stensland As | other non-specialised store | C/o Fredrik Ryen|Engåstoppen 32A, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
Conclusion
Ethnic grocery stores in Færder have been an industry with very limited activity. No companies have been registered since 2017, indicating an industry in stagnation or decline in the municipality. However, there may be opportunities in nearby service sectors, as shown in the parent-outlook section. Entrepreneurs should consider exploring opportunities in the services sector in Færder.