Industry · municipality
Ethnic Grocery Stores in Ringerike: Current Status and Outlook
Analysis of Companies, Economics, and Market Development in Ringerike for Ethnic Grocery Stores
Brief Industry Overview
Industry Overview
In Ringerike, there are 2 companies registered within ethnic grocery stores. The industry has shown strong sales growth from 0 to 6.8 million NOK in 2025, with a 100% annual growth rate. Employment has increased from 0 to 1 employee in 2026. The activity is concentrated in Hønefoss, with one operating company, while another company in Sokna has no operating results or employees.
Economic Data for the Industry
Economic Overview
Sales in the industry were 0 NOK from 2016 to 2024, before suddenly increasing to 6.8 million NOK in 2025. Number of employees were 0 from 2016 to 2025, before increasing to 1 employee in 2026. This shows strong growth in 2025, but the industry has been inactive in most years. There is no data on operating results for 2026 yet, but the EBITDA margin for the one operating company is 3%.
Companies in the Industry
There are 2 companies registered in Ringerike within ethnic grocery stores:
| Company | Address | Legal Form | Number of Employees | Operating Results | Sales | EBITDA |
|---|---|---|---|---|---|---|
| Exotisk Frukt AS | Stangs gate 7, Hønefoss | AS | 1 | 225,000 NOK | 6.8 million NOK | 230,000 NOK |
| Melby Helsenet | Drolshammarveien 64, Sokna | ENK | 0 | 0 NOK | 0 NOK | 0 NOK |
Exotisk Frukt AS is the only company with operating results and employees, while Melby Helsenet has no activity.
Business Geography
Hønefoss is the main hub for the industry, with 1 company (Exotisk Frukt AS) that has operating results and employees. Sokna has 1 company (Melby Helsenet), but this company has no operating results or employees. There is no data on other cities in Ringerike within this industry.
Business Dynamics
No bankruptcies are registered for companies within ethnic grocery stores in Ringerike. Exotisk Frukt AS has negative equity (–124,000 NOK) and high debt (702,000 NOK), which may indicate financial challenges. Melby Helsenet has no operating results or employees, which may indicate a new venture or inactive operations.
Outlook for Entrepreneurs
The industry has shown strong growth in 2025, but there is limited data on future development. Hønefoss is a concentrated market with one operating company. Entrepreneurs should consider competition from larger companies in the services sector and financial challenges for existing businesses. SmartGrunder can help find suitable locations in Ringerike for a new ethnic grocery store.
Outlook for the Services Sector
The services sector in Ringerike has 66 companies, while ethnic grocery stores have 2 companies. Sales in the services sector have been stable from 2016 to 2024, with a peak of 1.46 billion NOK in 2024. Existing companies in the services sector have higher EBITDA (e.g., 7.8 million NOK for Ng Kiwi Buskerud AS) compared to ethnic grocery stores. Competition from larger companies in the services sector may be a challenge for new ethnic grocery stores.
Other companies in tjenester (not in ethnic grocery store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Ng Kiwi Buskerud As Avd 579 Hallingby | supermarket chain | Gamle Ådalsvei 23A, 3525 Hallingby | NOK 132.5M | 33 | NOK 7.8M |
| Tveter Butikkdrift As | supermarket chain | Barbroveien 7, 3511 Hønefoss | NOK 198.6M | 38 | NOK 6.9M |
| Ng Kiwi Buskerud As Avd 525 Osloveien | supermarket chain | Dronning Åstas gate 10, 3511 Hønefoss | NOK 88.3M | 26 | NOK 5.2M |
| Ng Kiwi Buskerud As Avd 572 Hønengata | supermarket chain | Hønengata 70, 3515 Hønefoss | NOK 88.3M | 21 | NOK 5.2M |
| Ng Kiwi Buskerud As Avd 575 Sokna | supermarket chain | Hallingdalsveien 30, 3534 Sokna | NOK 83.4M | 19 | NOK 4.9M |
| Coop Øst Sa Avd 1030 Coop Mega Hønefoss | supermarket chain | Industrigata 1, 3515 Hønefoss | NOK 121.8M | 35 | NOK 4.8M |
| Normal Norge As Avd No1060 Hønefoss Kuben | discount store | Kong Rings gate 1, 3510 Hønefoss | NOK 28.8M | 20 | NOK 3.2M |
| Coop Øst Sa Avd 2631 Extra Hvervenkastet | supermarket chain | Osloveien 75, 3511 Hønefoss | NOK 65.6M | 26 | NOK 2.6M |
| Coop Øst Sa Avd 2665 Extra Nes I Ådal | supermarket chain | Ådalsveien 1169, 3524 Nes I Ådal | NOK 65.6M | 18 | NOK 2.6M |
| Meny Osloveien | supermarket chain | Dronning Åstas gate 4, 3511 Hønefoss | NOK 99.8M | 40 | NOK 2.6M |
| Coop Øst Sa Avd 1022 Extra Tyristrand | supermarket chain | Vikersundveien 235, 3533 Tyristrand | NOK 56.2M | 15 | NOK 2.2M |
| Meny Kuben | supermarket chain | Kong Rings gate 1, 3510 Hønefoss | NOK 76.9M | 32 | NOK 2.0M |
| Coop Øst Sa Avd 1020 Extra Heradsbygda | supermarket chain | Valhallveien 1, 3518 Hønefoss | NOK 46.8M | 16 | NOK 1.9M |
| Peter Nordahl As | supermarket chain | Hønengata 18A, 3513 Hønefoss | NOK 126.3M | 28 | NOK 1.7M |
| Coop Øst Sa Avd 2698 Extra Osloveien | supermarket chain | Osloveien 10, 3511 Hønefoss | NOK 37.5M | 14 | NOK 1.5M |
| Kvikkeline Helsekost Hønefoss As | food/beverages/tobacco stores | Kong Rings gate 1, 3510 Hønefoss | NOK 9.5M | 5 | NOK 1.4M |
| Klekken Mathus As | supermarket chain | Øvre Klekkenvei 53, 3514 Hønefoss | NOK 66.0M | 4 | NOK 1.2M |
| Norwegian Trade As | food/beverages/tobacco stores | Vestre Ådal 441, 3516 Hønefoss | NOK 5.6M | 2 | NOK 782.0K |
| Sweats As | food/beverages/tobacco stores | Bølgenhøgda 9, 3514 Hønefoss | NOK 5.0M | 1 | NOK 764.0K |
| Randi Sørlie Granheim Og Asbjørn Granheim Frukt & Tobakk Ans | supermarket | Hønengata 70, 3515 Hønefoss | NOK 0 | 7 | NOK 708.0K |
| Sentrum Stopp As | supermarket chain | Stangs gate 10, 3510 Hønefoss | NOK 5.7M | 9 | NOK 500.0K |
| Krone Frukt As | fruit/vegetables stores | Storgata 17, 3510 Hønefoss | NOK 23.3M | 8 | NOK 386.0K |
| Jin Cheng Frukt Og Grønt Rong Ying Huang | supermarket | Norderhovsgata 14, 3510 Hønefoss | NOK 4.3M | 3 | NOK 205.0K |
| Al Kaddour | supermarket chain | Hønengata 18C, 3513 Hønefoss | NOK 0 | 0 | NOK 0 |
| Alltid På Tur As | fish store | 0, 3533 Tyristrand | NOK 0 | 0 | NOK 0 |
| Christina Di Vita Fureid | food/beverages/tobacco stores | c/o Christina Di Vita Fureid|Vakermoveien 97, 3512 Hønefoss | NOK 0 | 0 | NOK 0 |
| Christina Di Vita Fureid | gourmet food store | c/o Christina Di Vita Fureid|Vakermoveien 97, 3512 Hønefoss | NOK 0 | 0 | NOK 0 |
| Cj Thaishop Yaowalak Jensen | food/beverages/tobacco stores | Støaveien 63, 3533 Tyristrand | NOK 0 | 0 | NOK 0 |
| Cj Thaishop Yaowalak Jensen | gourmet food store | Støaveien 63, 3533 Tyristrand | NOK 0 | 0 | NOK 0 |
| Coop Øst Sa Avd 4086 Extra Klekken | supermarket chain | Øvre Klekkenvei 53, 3514 Hønefoss | NOK 0 | 15 | NOK 0 |
| Dws Dagligvare As | supermarket | Smeden 2, 3514 Hønefoss | NOK 0 | 15 | NOK 0 |
| Go Dag Kaffe & Te Spesialen Ans | food/beverages/tobacco stores | Fossveien 1, 3510 Hønefoss | NOK 0 | 0 | NOK 0 |
| Gunn Edith Hult | food/beverages/tobacco stores | Hvalsmoveien 1, 3515 Hønefoss | NOK 0 | 0 | NOK 0 |
| Heradsbygda Kiosk Bente Og Janne Senneseth Ans | supermarket | Oppenåsen, 3518 Hønefoss | NOK 0 | 0 | NOK 0 |
| Hwa Rang Sports Cho Fecadu Ans | other non-specialised store | Søndre torv 4, 3510 Hønefoss | NOK 0 | 0 | NOK 0 |
| Hønefoss Kiosk As | supermarket | Søndre torv 2B, 3510 Hønefoss | NOK 0 | 0 | NOK 0 |
| Hønefoss Marked As | supermarket chain | Søndre torv 2B, 3510 Hønefoss | NOK 0 | 0 | NOK 0 |
| Jin Cheng Frukt & Grønt As | supermarket | Fossveien 3, 3510 Hønefoss | NOK 0 | 0 | NOK 0 |
| Joakim Langset As | supermarket chain | Krokenveien 23, 3515 Hønefoss | NOK 0 | 0 | NOK 0 |
| Karlsen Logistics | other non-specialised store | Eikemyrveien 36, 3514 Hønefoss | NOK 0 | 0 | NOK 0 |
Conclusion
Ethnic grocery stores in Ringerike have shown strong growth in 2025, but the industry is small-scale with only 2 companies. Hønefoss is the main hub, but there are larger, more competitive companies in the services sector. Entrepreneurs should carefully consider financial challenges and location. SmartGrunder can help find suitable addresses in Ringerike for a new ethnic grocery store.