Industry · municipality
Ethnic Food Stores in Larvik: Current Status and Outlooks
Analysis of companies, statistics, and development trends in the industry in Larvik, Vestfold, and Telemark
Executive Summary
Industry Overview
In Larvik, there are 3 companies within the ethnic food stores sector, according to registered data. The industry has proven to be very small compared to the broader service group services, which includes over 100 companies in the municipality. There are no reported sales values or employees in the industry, except for one employee in 2020. This suggests that the industry is in an early development phase or has low activity in the municipality.
Development Trends
Sales data for the industry shows zero sales throughout the period from 2016 to 2026, which may indicate that the companies are either in the start-up phase or have low operational activity. Employees have been very limited, with a maximum of 1 employee in 2020 and 2022–2023. This underscores the need for further analysis of operational strategies and market share in the municipality.
Economic Overview
Economic Data
Sales Development:
| Year | Sales (NOK) |
|---|---|
| 2016 | 0 |
| 2017 | 0 |
| 2018 | 0 |
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
| 2024 | 0 |
| 2025 | 0 |
| 2026 | 0 |
Employee Development:
| Year | Number of Employees |
|---|---|
| 2016 | 0 |
| 2017 | 0 |
| 2018 | 0 |
| 2019 | 0 |
| 2020 | 1 |
| 2021 | 0 |
| 2022 | 1 |
| 2023 | 1 |
There are no reported sales values or operational results for the companies in the industry. This may indicate that they are either in the start-up phase or have low operational activity in the municipality.
Companies in the Industry
The following companies are registered in ethnic food stores in Larvik:
- Asia Mat 1 Esmail Alali – Lilletorget 1, Larvik
- Organizational form: ENK (sole proprietorship)
- Founded: 2020-07-28
- Number of employees: 0
- Sales: 0 NOK
- Den Lille Tefabrikken Van Dijk – Barkevikveien 155, Helgeroa
- Organizational form: ENK
- Founded: 2026-02-19
- Number of employees: 0
- Sales: 0 NOK
- Marketna Babelli – Nansetgata 27, Larvik
- Organizational form: ENK
- Founded: 2020-09-29
- Number of employees: 0
- Sales: 0 NOK
All companies are sole proprietorships, and there are no reported operational results or employees. This may indicate that the industry is in an early development phase in the municipality.
Business Geography
The three companies in the industry are located in the following places in Larvik:
| Location | Number of Companies |
|---|---|
| Larvik (Lilletorget 1, Nansetgata 27) | 2 |
| Helgeroa (Barkevikveien 155) | 1 |
There are no reported sales values or operational results for the companies in the industry. This may indicate that they are either in the start-up phase or have low operational activity in the municipality.
Business Dynamics
Bankruptcies and Operational Activity:
None of the companies in the industry are registered as bankrupt, according to the data. This suggests that they are operational, even though no sales or employees are reported.
Operational Activity:
- Asia Mat 1 Esmail Alali (2020-07-28): Founded in 2020, but no reported employees or sales.
- Den Lille Tefabrikken Van Dijk (2026-02-19): New company, but no operational data.
- Marketna Babelli (2020-09-29): Founded in 2020, but no reported employees or sales.
There are no reported operational results or employees for the companies in the industry. This may indicate that they are either in the start-up phase or have low operational activity in the municipality.
Outlook
Outlook for Entrepreneurs
For entrepreneurs considering starting an ethnic food store in Larvik, it is important to be aware of the following:
- Low operational activity: There are no reported sales values or employees in the industry, which may indicate a small market share or that the companies are in the start-up phase.
- No competition: There are no competing companies in the industry, which may be an advantage for new players.
- Municipal support: It may be possible to receive support from the municipality to develop the industry, especially if there is a need for increased operational activity.
SmartGrunder can help entrepreneurs find suitable addresses in Larvik for an ethnic food store, based on natural business opportunities and operational potential.
Outlook for the Services Sector
Services sector in Larvik has shown a more stable development compared to ethnic food stores:
- Sales Development:
- 2020: NOK 2090.5M (highest sales)
- 2021: NOK 2089.9M (second highest sales)
- 2022: NOK 1962.8M (lowest sales)
- 2023: NOK 1978.0M (increase)
- 2024: NOK 2153.7M (highest sales)
- Employee Development:
- 2020: 830 employees
- 2021: 885 employees
- 2022: 857 employees
- 2023: 877 employees
- 2024: 913 employees
Peer companies in the services sector:
| Company | Address | Sales (NOK) | EBITDA (NOK) | Number of Employees |
|---|---|---|---|---|
| Ng Kiwi Vestfold Telemark As Avd 558 Nanset | Karen Sundts vei 19, 3269 Larvik | 296.3M | 15.0M | 43 |
| Blinken Mathus As | Gloppeskogen 20, 3260 Larvik | 120.5M | 9.1M | 69 |
| Cos Dagligvare As | Olavs gate 30, 3257 Larvik | 85.7M | 5.5M | 36 |
Conclusion: The services sector has higher operational activity and more companies compared to ethnic food stores. This can be an advantage for entrepreneurs seeking to develop the industry in the municipality.
Other companies in tjenester (not in ethnic grocery store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Ng Kiwi Vestfold Telemark As Avd 558 Nanset | supermarket chain | Karen Sundts vei 19, 3269 Larvik | NOK 296.3M | 43 | NOK 15.0M |
| Blinken Mathus As | supermarket chain | Gloppeskogen 20, 3260 Larvik | NOK 120.5M | 69 | NOK 9.1M |
| Cos Dagligvare As | supermarket chain | Olavs gate 30, 3257 Larvik | NOK 85.7M | 36 | NOK 5.5M |
| Kvelde Matsenter As | kiosk | Holmfossveien 22, 3282 Kvelde | NOK 66.9M | 36 | NOK 5.2M |
| Meny Nanset | supermarket chain | Yttersøveien 2, 3274 Larvik | NOK 130.6M | 43 | NOK 3.8M |
| Ng Kiwi Vestfold Telemark As Avd 350 Torstrand | supermarket chain | Alfred Andersens gate 1, 3262 Larvik | NOK 69.3M | 16 | NOK 3.5M |
| Coop Sørøst Sa Avd 1206 Extra Tjølling | supermarket chain | Østbyveien 2A, 3280 Tjodalyng | NOK 74.7M | 22 | NOK 3.5M |
| Hammerkvist Mat As | supermarket chain | Skreppestadveien 34, 3261 Larvik | NOK 79.4M | 15 | NOK 3.5M |
| Coop Sørøst Sa Avd 2513 Extra Holmejordet | supermarket chain | Holmejordetveien 48, 3267 Larvik | NOK 71.3M | 23 | NOK 3.3M |
| Coop Sørøst Sa Avd 1194 Extra Hovland | supermarket chain | Frankendalsveien 99, 3274 Larvik | NOK 54.3M | 17 | NOK 2.5M |
| Farriseidet Dagligvaredrift As | supermarket chain | Brunlanesveien 8, 3268 Larvik | NOK 123.8M | 38 | NOK 2.5M |
| Stavern Dagligvaredrift As | supermarket chain | Larviksveien 13A, 3290 Stavern | NOK 134.7M | 71 | NOK 2.4M |
| Normal Norge As Avd No1061 Larvik Nordbyen Senter | discount store | Yttersøveien 2, 3274 Larvik | NOK 19.2M | 10 | NOK 2.2M |
| Coop Sørøst Sa Avd 2952 Extra Larvik | supermarket chain | Nansetgata 11, 3256 Larvik | NOK 40.8M | 15 | NOK 1.9M |
| Gamle Helgeroa Marina As | supermarket | Brygga, 3295 Helgeroa | NOK 20.0M | 31 | NOK 1.9M |
| Risajevnheim As | supermarket | Holmejordetveien 31, 3267 Larvik | NOK 82.7M | 26 | NOK 1.8M |
| Normal Norge As Avd No 1043 Larvik Amfi Larvik | discount store | Jegersborggata 4, 3256 Larvik | NOK 14.4M | 8 | NOK 1.6M |
| Søndersrød Dagligvaredrift As | supermarket chain | Søndersrød, 3295 Helgeroa | NOK 163.4M | 114 | NOK 1.6M |
| Fredrik & Louisa As Avd Larvik | discount store | Nordbyen|Yttersøveien 2, 3274 Larvik | NOK 23.7M | 8 | NOK 1.0M |
| Holdbart As Avd Larvik | supermarket chain | Elveveien 10, 3262 Larvik | NOK 15.0M | 12 | NOK 848.3K |
| Hans Andreas Eie As | supermarket chain | Gamle Kongevei 47, 3269 Larvik | NOK 67.9M | 14 | NOK 359.0K |
| Coop Sørøst Sa Avd 2501 Obs Bygg Larvik | supermarket chain | Elveveien 135, 3271 Larvik | NOK 6.8M | 0 | NOK 314.9K |
| Risa Retail As | supermarket chain | Ulfsbakveien 2, 3267 Larvik | NOK 60.9M | 21 | NOK 253.0K |
| Oddane Sand Mat As | kiosk | Oddaneveien 73, 3296 Nevlunghavn | NOK 2.2M | 4 | NOK 203.0K |
| Cool Down As | supermarket | Revgata 5, 3263 Larvik | NOK 922.0K | 0 | NOK 172.0K |
| Larvik Minigolf | supermarket | Strandpromenaden 25, 3256 Larvik | NOK 406.0K | 9 | NOK 7.0K |
| Mathuset Meløstranda Grill & Catering As | supermarket | Hedrumveien 840, 3282 Kvelde | NOK 11.0K | 0 | NOK 5.0K |
| Adrar Nouh Mohamed | supermarket chain | Oskars gate 7A, 3256 Larvik | NOK 0 | 0 | NOK 0 |
| Ahlam Mohammad Ahmad | supermarket | Olavs gate 3, 3256 Larvik | NOK 0 | 2 | NOK 0 |
| Aksupps As | food/beverages/tobacco stores | Rakkeveien 99, 3294 Stavern | NOK 0 | 0 | NOK 0 |
| Aksupps As | gourmet food store | Rakkeveien 99, 3294 Stavern | NOK 0 | 0 | NOK 0 |
| Bergs Handelsvirksomhet Da | supermarket | Sogn, 3275 Svarstad | NOK 0 | 0 | NOK 0 |
| Bernt Harald Johnsen | other non-specialised store | Grenaderveien 4, 3290 Stavern | NOK 0 | 0 | NOK 0 |
| Børge A Krogstad | food/beverages/tobacco stores | Gjøksyreveien 5, 3261 Larvik | NOK 0 | 0 | NOK 0 |
| Camilla Kristiansen Vogt As | supermarket chain | REMA 1000 ØYA|Øya 1, 3262 Larvik | NOK 0 | 16 | NOK 0 |
| City Center Alyaa Aldrees | supermarket | Torget 9, 3256 Larvik | NOK 0 | 0 | NOK 0 |
| Cmt Marketing Gundersen | other non-specialised store | Bisjordlia 27, 3261 Larvik | NOK 0 | 0 | NOK 0 |
| Coop Prix Frankendalsveien | supermarket chain | Frankendalsveien 95, 3274 Larvik | NOK 0 | 13 | NOK 0 |
| Coop Prix Tjølling | supermarket chain | Stasjonsveien 1, 3280 Tjodalyng | NOK 0 | 9 | NOK 0 |
| Dagligvare Vbt As | supermarket chain | Søbakken 14, 3295 Helgeroa | NOK 0 | 0 | NOK 0 |
Conclusion
Ethnic food stores in Larvik are a small industry with 3 companies and no reported sales values or employees. This suggests that the industry is in an early development phase or has low operational activity in the municipality. For entrepreneurs, there may be an opportunity to develop the industry, especially if there is a need for increased operational activity. It may also be possible to receive support from the municipality to develop the industry. SmartGrunder can help entrepreneurs find suitable addresses in Larvik for an ethnic food store, based on natural business opportunities and operational potential.