Industry · municipality
Ethnic Stores in Narvik: A Detailed Industry Analysis
Economic Data, Company Landscape, and Opportunities for Entrepreneurs
Companies in the Industry
Other Observations
There are no registered companies in this industry in Narvik after 2023, indicating a significant decline in activity. No business structures are registered for companies in this industry in Narvik.
Geographic Distribution
Detailed geographic distribution data is not available for this industry in Narvik. However, activity is registered in several districts of Narvik, including Narvik city center, Ankenes, and Ballangen, based on data from closely related industries.
Operational Dynamics
The industry has proven to be highly dynamic with significant variations in both sales and number of employees over time. A sharp decline in sales of over 98% from 2022 to 2023 is registered, which may indicate a significant decline in activity or loss of major customers. No publicly available data on bankruptcies in this industry in Narvik is available.
Outlook
Outlook for Entrepreneurs
For entrepreneurs considering establishing themselves in the industry, the significant uncertainty and variations in sales and number of employees should be taken into account. However, there may be market opportunities for specialized offerings or unique customer groups in Narvik. It is recommended to conduct detailed market research before investments in this industry.
Outlook for the Services Sector
The broader services sector in Narvik has proven to be more stable with a gradual increase in sales over time. In 2025, the sector achieved total sales of over 10 billion NOK, demonstrating strong growth in this sector. 36 companies are registered in this sector, including well-known names such as Extra Bolaget 2482 and Spar Finbekken, which have high sales and EBITDA values. This shows that the services sector in Narvik has a more stable and development-oriented market compared to the specific industry for ethnic stores.
Other companies in tjenester (not in ethnic grocery store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Extra Bolaget 2482 | supermarket chain | Bolagsgata 20, 8514 Narvik | NOK 118.7M | 35 | NOK 6.5M |
| Spar Finbekken | supermarket chain | Frydenlundgata 44, 8517 Narvik | NOK 96.6M | 34 | NOK 5.8M |
| Extra Bjerkvik 1859 | supermarket chain | Nordmoveien 2, 8530 Bjerkvik | NOK 85.5M | 19 | NOK 4.7M |
| Extra Frydenlund 2424 | supermarket chain | Frydenlundgata 15, 8517 Narvik | NOK 57.0M | 21 | NOK 3.1M |
| Extra Ankenes 1856 | supermarket chain | Torgveien 2, 8520 Ankenes | NOK 52.2M | 17 | NOK 2.9M |
| Extra Ballangen 1854 | supermarket chain | Sentrumsveien 57, 8540 Ballangen | NOK 47.5M | 18 | NOK 2.6M |
| Harald Anthonsen As | supermarket | Ankenesveien 10, 8520 | NOK 99.0M | 21 | NOK 1.8M |
| Normal Norge As Avd No1116 Narvik Narvik Storsenter | discount store | Kongens gate 66, 8514 Narvik | NOK 14.4M | 9 | NOK 1.6M |
| Prix Kjøpsvik 1858 | supermarket chain | F.L. Smiths vei 2, 8590 Kjøpsvik | NOK 28.5M | 14 | NOK 1.6M |
| Ng Kiwi Nord As Avd 152 Ankenes | supermarket chain | Ankenesveien 2, 8520 | NOK 51.9M | 16 | NOK 1.4M |
| Nøstdahl & Nøstdahl As | supermarket chain | F.L. Smiths vei 8, 8590 Kjøpsvik | NOK 20.3M | 4 | NOK 1.4M |
| Ng Kiwi Nord As Avd 172 Narvikfjellet | supermarket | Skistua 7, 8515 Narvik | NOK 48.5M | 17 | NOK 1.3M |
| Fiskehallen Drift As | fish store | Kongens gate 42, 8514 Narvik | NOK 15.6M | 21 | NOK 1.0M |
| Joker Narvik | supermarket | Kongens gate 36, 8514 Narvik | NOK 13.4M | 7 | NOK 755.0K |
| Ssj Eiendom As | fish store | Torghallen|Kongens gate 42, 8514 Narvik | NOK 0 | 0 | NOK 574.0K |
| Kjeldebotn Butikkdrift As | supermarket | Skårnes, 8543 Kjeldebotn | NOK 9.7M | 5 | NOK 471.0K |
| Helsekost As | food/beverages/tobacco stores | Kongens gate 66, 8514 Narvik | NOK 4.8M | 8 | NOK 72.0K |
| Hege Strøm As | supermarket chain | Frydenlundgata 2, 8516 Narvik | NOK 64.3M | 21 | NOK 56.0K |
| Emilie Kilaas As | supermarket chain | Nordmoveien 9, 8530 Bjerkvik | NOK 59.2M | 19 | NOK 24.0K |
| Andreas Mulstrand Dagligvare As | supermarket chain | c/o Rema 1000 Skistua Narvik|Skistua 4, 8515 | NOK 0 | 13 | NOK 0 |
| Butikkdrift Ingjerd Wollan | supermarket | Bolagsgata 1, 8514 Narvik | NOK 0 | 4 | NOK 0 |
| Butikkdrift R13 3 As | supermarket chain | c/o REMA 1000 Ballangen|Sentrumsveien 65, 8540 | NOK 0 | 16 | NOK 0 |
| Extra Narvik Storsenter | supermarket chain | Kongens gate 66, 8514 Narvik | NOK 0 | 11 | NOK 0 |
| Fredrick Nordstrøm As | supermarket chain | Rombaksveien 45, 8517 Narvik | NOK 0 | 16 | NOK 0 |
| Grønnli Bua | other non-specialised store | Sentrumsveien 53, 8540 Ballangen | NOK 0 | 0 | NOK 0 |
| Izzeldin Modhawi Matvare | supermarket | Fagernesveien 13, 8514 Narvik | NOK 0 | 0 | NOK 0 |
| Mikkelsen Nergård Enk | gourmet food store | Fornes-E6 87, 8540 Ballangen | NOK 0 | 0 | NOK 0 |
| Nettbutikklyshaugen Wenberg Marø | other non-specialised store | Sentrumsveien 17, 8540 Ballangen | NOK 0 | 0 | NOK 0 |
| Ng Kiwi Nord As Avd 178 Taraldsvik | supermarket | Hamsuns vei 2, 8517 Narvik | NOK 0 | 15 | NOK 0 |
| Norsk Butikkdrift As Kontor Narvik | supermarket | Skiskytterveien 5, 8515 Narvik | NOK 0 | 0 | NOK 0 |
| Svensken Kiosk Da | supermarket | Otto Sverdrups vei 6, 8516 Narvik | NOK 0 | 0 | NOK 0 |
| Tinejossi Tine Josefine Normann | food/beverages/tobacco stores | Ankenesveien 419, 8520 | NOK 0 | 0 | NOK 0 |
| Vita 1809 Narvik | discount store | Bolagsgata 1, 8514 Narvik | NOK 0 | 6 | NOK 0 |
| Ssj Holding As | fish store | Ringbakken 17, 8522 Beisfjord | NOK 0 | 0 | NOK -25.0K |
| Vinmonopolet As Butikk Narvik | alcohol store | Kongens gate 66, 8514 Narvik | NOK 74.7M | 12 | NOK -1.0M |
| Narvik Dagligvarer As | supermarket chain | Bolagsgata 1, 8514 Narvik | NOK 14.5M | 17 | NOK -1.6M |
Conclusion
The industry for ethnic stores in Narvik has proven to be highly dynamic with significant variations in sales and number of employees over time. A sharp decline in activity in 2023 is registered, which may indicate a significant decline in activity or loss of major customers. Entrepreneurs should take this uncertainty into account, but there may also be market opportunities for specialized offerings or unique customer groups in Narvik. It is recommended to conduct detailed market research before investments in this industry.
Economic Overview
The industry for ethnic stores in Narvik has shown significant variation in sales over time. An increase in sales from 2016 to 2021, with a peak of over 6.8 million NOK in 2021, is registered. This was followed by a sharp decline in sales of over 98% from 2022 to 2023. The number of employees has also proven to be highly dynamic, with an increase from 2017 to 2020, followed by a decline from 2021 to 2024.
Executive Summary
The industry for ethnic stores in Narvik has proven to be highly dynamic with significant variations in sales and number of employees over time. A sharp decline in activity in 2023 is registered, which may indicate a significant decline in activity or loss of major customers. Entrepreneurs should take this uncertainty into account, but there may also be market opportunities for specialized offerings or unique customer groups in Narvik. It is recommended to conduct detailed market research before investments in this industry.