Industry · municipality
Ethnic Stores in Verdal: Current Status and Outlook
Analysis of economy, companies, and development trends in the industry in Verdal Municipality, Trøndelag County. Data from 2016–2026 and comparison with the services sector in the municipality.
Executive Summary
The only registered company in the industry, Livsstilscoach Bodil Vestvik, has no sales revenue or employees. There is no activity in the industry in Verdal according to data from 2016–2026. At the same time, the services sector in the municipality shows a more dynamic development with variations in sales and number of employees. This may indicate potential for growth in ethnic stores if there is a market for such services.
Economic Overview
Sales and number of employees in the industry have been zero throughout 2016–2026. There are no registered sales revenue or workplaces related to ethnic stores in Verdal according to data from Statistics Norway. This shows that the industry has not been active in the municipality during this period.
Companies in the Industry
One company in the industry is registered in Verdal:
| Name | Address | Legal Form | Employees | Sales (NOK) |
|---|---|---|---|---|
| Livsstilscoach Bodil Vestvik | Landstadvegen 106, Verdal | ENK | 0 | 0 |
The company is not bankrupt but has no sales revenue or employees. There is no data on operating profit or equity for the company.
Business Geography
The only registered company in the industry is located in Verdal. There is no data on the distribution of activity in sub-areas of the municipality. There may be an opportunity to develop ethnic stores in other parts of Verdal, but this is not documented in the data.
Business Dynamism
There are no bankruptcy registrations in the industry in Verdal from 2016–2026. The only registered company is not bankrupt but has no operational activity. This may indicate that the industry has not been operational in the municipality, or that there is a lack of registration of business activity.
Outlook
There is no direct data on future development in the industry, but there is potential for ethnic stores in Verdal if there is a market for such services. It is important to investigate customers in the municipality and see if there is a need for such stores. SmartGrunder can help founders analyze locations in Verdal for this industry.
Outlook for the Parent Sector
The services sector in Verdal has a more dynamic development than the individual industry for ethnic stores. Sales in the services sector have varied between NOK 484.6 million and NOK 581.3 million from 2016–2025, with a decline of 45.3% from 2024–2025. The number of employees has varied between 181 and 241. Peer companies in the services sector include Coop Midt Norge, Meny, and other supermarkets, but these are not directly competitive with ethnic stores.
Other companies in tjenester (not in ethnic grocery store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Coop Midt Norge Sa Avd 109 Extra Verdal | supermarket | Fløytarvegen 21, 7650 Verdal | NOK 149.8M | 31 | NOK 8.1M |
| Coop Midt Norge Sa Avd 066 Coop Mega Verdal | supermarket chain | Nordgata 14, 7650 Verdal | NOK 123.4M | 24 | NOK 6.7M |
| Coop Midt Norge Sa Avd 111 Extra Ørmelen Verdal | supermarket | Gamlevegen 1, 7653 Verdal | NOK 79.3M | 21 | NOK 4.3M |
| Meny Verdal | supermarket chain | Jernbanegata 7, 7650 Verdal | NOK 64.4M | 31 | NOK 3.3M |
| Coop Midt Norge Sa Avd 42 Coop Prix Vuku | supermarket chain | Bredingsberg 4B, 7660 Vuku | NOK 52.9M | 11 | NOK 2.9M |
| Normal Norge As Avd No1138 Verdal Amfi Verdal | discount store | Jernbanegata 11, 7650 Verdal | NOK 14.4M | 9 | NOK 1.6M |
| Bunnpris Verdal As | supermarket | Jernbanegata 9B, 7650 Verdal | NOK 29.9M | 16 | NOK 734.0K |
| Tw Handel As | supermarket chain | Johannes Bruns gate 8, 7650 Verdal | NOK 60.9M | 15 | NOK 474.0K |
| Maren Høgsnes As | supermarket | Jernbanegata 11, 7650 Verdal | NOK 75.7M | 25 | NOK 332.0K |
| Kiosken As | supermarket | Merkurvegen 1, 7652 Verdal | NOK 3.4M | 4 | NOK 11.0K |
| Bård Andre Kulstad | supermarket chain | Garlivegen 59, 7660 Vuku | NOK 0 | 0 | NOK 0 |
| Bård Andre Kulstad | supermarket | Garlivegen 59, 7660 Vuku | NOK 0 | 0 | NOK 0 |
| God Mat Lokalt Norge As | food/beverages/tobacco stores | Russervegen 3, 7652 Verdal | NOK 0 | 0 | NOK 0 |
| Kine Steinkjer As | supermarket chain | REMA 1000 Alti Verdal|Magnus den godes veg 23, 7653 | NOK 0 | 17 | NOK 0 |
| Lyngås Baris | supermarket | Fløytarvegen 7G, 7650 Verdal | NOK 0 | 0 | NOK 0 |
| Nille Verdal Thon Senter | other non-specialised store | Jernbanegata 11, 7650 Verdal | NOK 0 | 6 | NOK 0 |
| Røstad Utstyrsvarer | other non-specialised store | Kassefabrikkvegen 28, 7654 Verdal | NOK 0 | 0 | NOK 0 |
| Slush Haugen | supermarket | Bergshaugen 15, 7657 Verdal | NOK 0 | 0 | NOK 0 |
| Verdal Butikk As | supermarket | Nordgata 8, 7650 Verdal | NOK 0 | 7 | NOK 0 |
| Verdal Catering, Øyvind Dahle | supermarket | Gamle Jamtlandsveg 159, 7660 Vuku | NOK 0 | 0 | NOK 0 |
| Torsheim Invest As | supermarket | Korporal Skavhaugs veg 3, 7653 Verdal | NOK 0 | 0 | NOK -25.0K |
| Vinmonopolet As Butikk Verdal | alcohol store | Jernbanegata 11, 7650 Verdal | NOK 37.4M | 8 | NOK -502.0K |
Conclusion
There is no activity in the industry for ethnic stores in Verdal according to data from 2016–2026. However, there is potential for growth if there is a market for such services. The services sector in the municipality has a more dynamic development, but there is no direct connection between the two sectors. Founders should investigate local needs and opportunities to establish such stores in Verdal.