Industry · municipality
Ethnic Grocery Stores in Østre Toten: Current Status and Future Perspectives
A detailed analysis of the industry, companies, and development in the municipality
Brief overview of ethnic grocery stores in Østre Toten
Østre Toten has a very limited presence of the ethnic grocery store industry, with only one registered company in the municipality. The sole business, Kårsmia As, shows negative economic results and is registered as bankrupt. The industry has no employees and no sales revenue for several years, indicating a very weak or non-existent market in the municipality. This is a unique situation compared to the broader service industry in Østre Toten, which shows more dynamism and growth. SmartGrunder can help entrepreneurs considering establishing themselves in this industry to identify development opportunities in the municipality.
Economic data for the industry
Economic data for ethnic grocery stores in Østre Toten
Sales development (branch_sales_yoy):
| Year | Sales Revenue (NOK) |
|---|---|
| 2016 | 0 |
| 2017 | 0 |
| 2018 | 0 |
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
| 2024 | 0 |
| 2025 | 0 |
| 2026 | 0 |
Employees (branch_employees_yoy):
| Year | Number of Employees |
|---|---|
| 2016 | 0 |
| 2017 | 0 |
| 2018 | 0 |
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
| 2024 | 0 |
| 2025 | 0 |
| 2026 | 0 |
The data show no registered activity in the industry for several years. The only business, Kårsmia As, has no sales revenue and no employees, and shows negative economic results.
Companies in the industry
Registered companies in the ethnic grocery store industry in Østre Toten
There is 1 company registered in the industry in the municipality:
| Company | Legal Form | Incorporation Year | Number of Employees | Bankruptcy Status | Sales Revenue (NOK) | EBITDA (NOK) |
|---|---|---|---|---|---|---|
| Kårsmia As | AS | 1998 | 0 | Yes | 0 | -66.0K |
Legal Forms (branch_org_form_statistics):
- AS: 1 company
Kårsmia As is the only business in the industry, and it shows negative economic results and bankruptcy status. No other companies are registered in the industry in the municipality.
Geographic distribution
Geographic distribution of the business
All businesses in the ethnic grocery store industry in Østre Toten are located in Lena. There are no registered businesses in other districts or villages in the municipality. This indicates a very small market in the municipality, with a focus on a single district.
Dynamics and bankruptcies
Dynamics and bankruptcies in the industry
Bankruptcies (branch_bankruptcy_statistics):
- Kårsmia As is registered as bankrupt, indicating a very unstable economic situation for the only business in the industry.
Business dynamics:
- There are no registered new companies in the industry in recent years.
- There are no registered company closures in the industry.
- There is no activity in the industry in the form of growth or development.
The industry shows no dynamics, and the only business has negative economic results. There are no indications that the industry has been active in the municipality in recent years.
Prospects for entrepreneurs
Prospects for entrepreneurs in the ethnic grocery store industry in Østre Toten
The data show no registered activity in the industry for several years. The only business, Kårsmia As, shows negative economic results and is registered as bankrupt. This indicates that there is no market in the municipality, and that it is not possible to establish oneself in the industry without significant challenges. Entrepreneurs should consider whether it is possible to find development opportunities in the municipality, and SmartGrunder can help to find development opportunities in the municipality.
Prospects for the service industry
Prospects for the service industry in Østre Toten
Services (parent_category):
- There are 25 companies registered in the service industry in the municipality, showing a more dynamic and growth-oriented industry compared to ethnic grocery stores.
Sales development (parent_sales_yoy):
| Year | Sales Revenue (NOK) |
|---|---|
| 2016 | 400.8M |
| 2017 | 410.9M |
| 2018 | 420.8M |
| 2019 | 403.7M |
| 2020 | 483.0M |
| 2021 | 495.5M |
| 2022 | 459.8M |
| 2023 | 451.8M |
| 2024 | 484.2M |
| 2025 | 407.3M |
Employees (parent_employees_yoy):
| Year | Number of Employees |
|---|---|
| 2016 | 168 |
| 2017 | 176 |
| 2018 | 164 |
| 2019 | 164 |
| 2020 | 163 |
| 2021 | 174 |
| 2022 | 169 |
| 2023 | 177 |
| 2024 | 170 |
| 2025 | 158 |
| 2026 | 170 |
Peer companies in the service industry (parent_peer_companies):
| Company | Industry | Sales Revenue (NOK) | EBITDA (NOK) | Number of Employees |
|---|---|---|---|---|
| Løkken Kjøtt Og Dagligvare As | supermarket chain | 87.7M | 3.9M | 32 |
| Kapp Matsenter As | supermarket chain | 83.2M | 3.3M | 18 |
| Torill Lundvollen As | supermarket | 98.5M | 2.2M | 21 |
| Extra Lena | supermarket chain | 60.3M | 1.4M | 17 |
| Spar Lena | supermarket chain | 40.4M | 1.1M | 16 |
The service industry in Østre Toten shows a more stable and growth-oriented development compared to ethnic grocery stores. There are more companies in the service industry, and they show better economic results. Entrepreneurs should consider opportunities in the service industry in the municipality, which has a more dynamic development compared to ethnic grocery stores.
Other companies in tjenester (not in ethnic grocery store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Løkken Kjøtt Og Dagligvare As | supermarket chain | Hauggata 6, 2850 Lena | NOK 87.7M | 32 | NOK 3.9M |
| Kapp Matsenter As | supermarket chain | 0, 2849 Kapp | NOK 83.2M | 18 | NOK 3.3M |
| Torill Lundvollen As | supermarket | Rådhusgata 27, 2850 Lena | NOK 98.5M | 21 | NOK 2.2M |
| Extra Lena | supermarket chain | Hovdesvingen 1, 2850 Lena | NOK 60.3M | 17 | NOK 1.4M |
| Spar Lena | supermarket chain | Lenagata 88, 2850 | NOK 40.4M | 16 | NOK 1.1M |
| Coop Prix Kolbu | supermarket chain | Brustadvegen 2, 2847 Kolbu | NOK 27.4M | 9 | NOK 651.1K |
| Kiwi 204 Skreia | supermarket chain | Rossgutua 4, 2848 Skreia | NOK 62.5M | 17 | NOK 272.0K |
| Gledesgaver As | other non-specialised store | Kjølsetvegen 37, 2848 Skreia | NOK 1.8M | 0 | NOK 195.0K |
| Lailas Hjørne As | kiosk chain | Vallegården, 2850 Lena | NOK 1.4M | 4 | NOK 10.0K |
| Berbeha | other non-specialised store | Hagegata 8, 2850 Lena | NOK 0 | 0 | NOK 0 |
| Extra Skreia | supermarket chain | Jerikovegen 4, 2848 Skreia | NOK 0 | 13 | NOK 0 |
| Grønn Mat As | fruit/vegetables stores | Totenvegen 1530, 2848 Skreia | NOK 0 | 0 | NOK 0 |
| Helse & Velvære Hendy Skoglund | supermarket | Nylinna 99, 2849 Kapp | NOK 0 | 0 | NOK 0 |
| Jiss As | fruit/vegetables stores | Totenvegen 1530, 2848 Skreia | NOK 0 | 0 | NOK 0 |
| Kamilas Corner As | supermarket | Kolbulinna 1007, 2847 | NOK 0 | 1 | NOK 0 |
| Lena Toten Dabbas | supermarket | Lenagata 47, 2850 | NOK 0 | 0 | NOK 0 |
| Lena Toten Dabbas | supermarket | Lenagata 47, 2850 | NOK 0 | 0 | NOK 0 |
| Mengen Kolonial As | supermarket | Jerikovegen 5, 2848 Skreia | NOK 0 | 23 | NOK 0 |
| Stenbergs Landhandleri As | supermarket | Kollbakken 26, 2850 Lena | NOK 0 | 0 | NOK 0 |
| Stenbergs Landhandleri As | supermarket | Kollbakken 26, 2850 Lena | NOK 0 | 0 | NOK 0 |
| Toten Matbutikk As | supermarket | Lenagata 32, 2850 | NOK 0 | 0 | NOK 0 |
| Vt Service Tamuleviciene | supermarket | Bilittvegen 5, 2848 Skreia | NOK 0 | 0 | NOK 0 |
| Branok As | other non-specialised store | Kjølsetvegen 37, 2848 Skreia | NOK 7.0K | 0 | NOK -21.0K |
| Vinmonopolet As Butikk Lena | alcohol store | Rådhusgata 27, 2850 Lena | NOK 37.4M | 6 | NOK -502.0K |
Conclusion
Ethnic grocery stores in Østre Toten show no activity for several years, with only one registered business showing negative economic results and bankruptcy status. There are no employees or sales revenue in the industry, indicating a very weak or non-existent market in the municipality. This contrasts with the service industry in the municipality, which shows a more stable and growth-oriented development. Entrepreneurs should consider opportunities in the service industry in the municipality, which has a more dynamic development compared to ethnic grocery stores. SmartGrunder can help entrepreneurs to find development opportunities in the municipality.