Fishmongering in Lyngdal: Industry Analysis and Prospects

The fishmongering industry in Lyngdal is a small but active sector with three registered companies. The industry has been marked by a significant decline in sales over recent years, with an 85.6% drop from 2024 to 2025. Nevertheless, the number of employees has remained stable at one person since 2016. Two of the companies are new (established in 2025), which may indicate some level of market interest. Arnes Fisk & Skalldyr AS, the oldest company (established in 1991), has negative assets and low operating profit, which may signal economic challenges.

For entrepreneurs, the industry can offer opportunities in a local market situation, but with an important warning: the strong decline in sales and weak financial results for existing companies require careful planning and differentiation.

Sales in the fishmongering industry have been in sharp decline since 2021, with an over 80% drop from 2024 to 2025. The number of employees has remained constant at one person since 2016, suggesting that the companies have been small and dispersed in scale. The strong decline in sales may be due to various factors, including competition from larger supermarkets and changes in consumer preferences.

Lyngdal has three registered companies in the fishmongering industry:

1. Arnes Fisk & Skalldyr AS (Farsundsveien 1) – Established in 1991, AS entity, 0 employees, operating profit of NOK 2.0K, EBITDA of NOK 2.0K, but with negative assets of NOK -270.0K.
2. Rafatkhalaf Alkhalaf (Steinbergveien 24) – Two companies established in 2025, ENK entity, 0 employees, no sales or operating profit.

The two new companies (established in 2025) have no reported sales or operating profit, which may indicate they are in the early stages. Arnes Fisk & Skalldyr AS, the oldest company, has negative assets and a low EBITDA margin (11%), which may signal economic challenges.

All three companies in the fishmongering industry in Lyngdal are located within the municipality, with the following address distribution:

There is no detailed geographic breakdown within the municipality, but all companies are located in central areas of Lyngdal. This may be an advantage for entrepreneurs looking to establish themselves in a locally market-oriented position.

The industry has not reported any bankruptcies in the reported data, but there is a clear decline in sales and operating profit for existing companies. Arnes Fisk & Skalldyr AS has a negative operating profit and low EBITDA margin, which may indicate economic challenges. The two new companies (established in 2025) have no reported sales or operating profit, which may indicate they are in the early stages.

The strong decline in sales over recent years may be a result of competition from larger supermarkets and changes in consumer preferences. Nevertheless, no bankruptcies have been reported, suggesting that the companies have managed to remain operational, albeit with low margins.

For entrepreneurs in the fishmongering industry in Lyngdal, it is important to be aware of the strong declining trends in sales and weak financial results for existing companies. Nevertheless, there may be opportunities in a local market situation, especially with the two new companies (established in 2025) indicating some level of market interest.

A key challenge will be to differentiate from competitors and adapt to consumer preferences. It may be profitable to explore location opportunities in Lyngdal with SmartGrunder, which can provide insight into natural business areas and potential customers.

The broader sector services in Lyngdal has shown growth in sales and number of employees over recent years, with a 7.5% increase from 2024 to 2025. This contrasts with the fishmongering industry, which has been marked by a sharp decline in sales. In the services sector, large companies such as Obs Lyngdal Avd 300 (sales of NOK 250.3M) and Ng Kiwi Agder As Avd 738 Alleen Senter (sales of NOK 108.1M) dominate, showing that the services sector is much more extensive and stable than the fishmongering industry.

For entrepreneurs in the fishmongering industry, it may be a challenge to compete with large companies in the services sector, but there may be opportunities in a local market situation. It is important to be aware of the strong declining trends in the fishmongering industry and adapt to consumer preferences.

The fishmongering industry in Lyngdal is a small but active sector with three registered companies. The industry has been marked by a sharp decline in sales over recent years, with an 85.6% drop from 2024 to 2025. Nevertheless, the number of employees has remained stable at one person since 2016. The two new companies (established in 2025) may indicate some level of market interest, but it is important to be aware of the weak financial results for existing companies.

For entrepreneurs, there may be opportunities in a local market situation, but it is important to be aware of the strong declining trends in sales and weak financial results for existing companies. It may be profitable to explore location opportunities in Lyngdal with SmartGrunder, which can provide insight into natural business areas and potential customers.