Ethnic Grocery Store in Vindafjord: Current Status and Outlook

Overview of the Industry

The ethnic grocery store industry in Vindafjord is a small and static sector with only one registered company. The sole business, Lars Neshim, has no employees and no sales revenue according to the data. The industry shows no activity in the current year, indicating that there is no significant presence of this type of store in the municipality. At the same time, the broader services sector (parent category) shows a more dynamic development with an increasing number of employees and sales value over time, despite a sharp decline in 2025.

The ethnic grocery store industry in Vindafjord has had no sales revenue and no employees throughout the period 2016–2026. There are no registered changes in the number of employees or sales value, indicating that the sector has not been active in the municipality. This contrasts with the broader services sector, which has shown an increase in both the number of employees and sales value up to 2024, despite a sharp decline in 2025. This decline may be due to external factors such as economic crises or changes in the services market in the region.

There is one registered company in the ethnic grocery store industry in Vindafjord: Lars Neshim, with an address at Vikevegen 2372, Bjoa. The company is registered as a sole proprietorship (ENK) and has no employees or sales revenue. There is no registered bankruptcy or financial problems with the company. There are no other companies in this industry in the municipality, indicating that there is no significant presence of this type of store in Vindafjord.

The only registered company in the ethnic grocery store industry, Lars Neshim, is located in Bjoa in Vindafjord. There are no other registered companies in this industry in the municipality. This indicates that there is no widespread presence of this type of store in other parts of Vindafjord. There may be potential for development of such stores in other areas of the municipality, especially if there is a need for specialized goods in these areas.

The ethnic grocery store industry in Vindafjord shows no activity in the current year, with no employees and no sales revenue. There is no registered bankruptcy or financial problems with the sole business. This indicates that the sector is stable but not growing. The broader services sector, however, has shown a more dynamic development, with an increasing number of employees and sales value up to 2024. The sharp decline in 2025 may be due to external factors such as economic crises or changes in the services market in the region.

Outlook for Entrepreneurs

For entrepreneurs considering starting an ethnic grocery store in Vindafjord, it is important to be aware of the current state of the sector. There is only one registered company, and there is no activity in the form of employees or sales revenue. This indicates that there is no significant presence of this type of store in the municipality. Nevertheless, there may be potential for development if there is a need for specialized goods in Vindafjord. Entrepreneurs should also consider analyzing the services market in the municipality, which has shown a more dynamic development, to find possible collaboration opportunities or market segments that can be utilized.

The broader services sector in Vindafjord has shown a more dynamic development compared to the ethnic grocery store industry. The sector has increased the number of employees from 160 in 2016 to 150 in 2022, although a decline was registered in 2025. The sales value has also increased up to 2024, with a peak of NOK 414.7 million, followed by a sharp decline in 2025. This may be due to external factors such as economic crises or changes in the services market in the region. Peer companies in the services sector include, among others, Ng Kiwi Rogaland As, Extra Knapphus Avd 257 and Prix Vikedal Avd 258, which have higher sales value and more employees compared to the ethnic grocery store industry. This shows that the services sector is more developed and has greater growth potential compared to the ethnic grocery store industry.

The ethnic grocery store industry in Vindafjord is a small and static sector with only one registered company. There is no activity in the form of employees or sales revenue, indicating that there is no significant presence of this type of store in the municipality. At the same time, the broader services sector shows a more dynamic development, with an increasing number of employees and sales value. Entrepreneurs considering starting an ethnic grocery store in Vindafjord should consider analyzing the services market in the municipality to find possible collaboration opportunities or market segments that can be utilized. SmartGrunder can help entrepreneurs explore addresses in Vindafjord for this industry, especially if there is a need for specialized goods in the municipality.