Industry · municipality
The Fish Shop Industry in Midt Telemark: Current Situation and Future Prospects
An Analytical Overview for Entrepreneurs and Local Decision-Makers
Executive Summary
The fish shop industry in Midt Telemark is a niche market, with no registered companies in this specific sector. However, data about the broader service sector in the municipality indicates potential opportunities for innovation and development. This analysis provides an overview of economic trends, company structure, and future perspectives for entrepreneurs and local decision-makers.
Economic Overview
The broader service sector in Midt Telemark has shown significant growth in recent years, especially after 2020. Sales in the sector increased from NOK 95,0M in 2016 to NOK 575,1M in 2023, with an annual growth rate of 5.2%. Workforce development has been more variable, but has now reached 200 employees in 2023. This shows that the service sector has a stable and growth-oriented structure, which can be an advantage for new players in the surrounding area.
Companies in the Industry
There are no registered fish shops in Midt Telemark according to available data. It is therefore not possible to provide a detailed overview of company structure or organizational forms in this sector. This could be an opportunity for new entrepreneurs who wish to establish themselves in the municipality.
Business Geography
There is no registered activity in the fish shop industry in individual towns in Midt Telemark. This is likely due to the absence of companies in the sector. However, data about the service sector may indicate potential market areas for new fish shops.
Business Dynamics
There are no registered bankruptcies in the fish shop industry in Midt Telemark. The broader service sector has however experienced some bankruptcies, but these have not negatively affected the overall dynamics. This suggests that the service sector in the municipality is relatively stable, which can be an advantage for new players.
Outlook
The future prospects for the fish shop industry in Midt Telemark are positive, especially in light of the growth-oriented service sector. It is possible to assume that a new fish shop could find a place in the municipality, especially if it adapts to local needs and burdens. However, it is important to consider the competition from other store types in the area, such as supermarkets and discount stores.
Parent Outlook
The broader service sector in Midt Telemark has shown significant growth, with an annual increase of 5.2% in sales and stable workforce development. This contrasts with the absence of fish shops in the municipality. However, data about peer companies in the service sector may indicate potential market areas for new fish shops. For example, companies such as Ng Kiwi Vestfold Telemark As and Meny Bø have shown high income and established themselves in the area.
Other companies in tjenester (not in fish store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Ng Kiwi Vestfold Telemark As Avd 564 Bø | supermarket | Hellandvegen 15, 3800 Bø I Telemark | NOK 130.8M | 31 | NOK 6.6M |
| Ng Kiwi Vestfold Telemark As Avd 426 Gvarv | supermarket | Gamlegata 56, 3810 Gvarv | NOK 103.9M | 21 | NOK 5.3M |
| Fimex As | other non-specialised store | Hørtevegen 2, 3810 Gvarv | NOK 27.1M | 2 | NOK 3.9M |
| Meny Bø | supermarket chain | Stasjonsvegen 28, 3800 Bø I Telemark | NOK 114.3M | 39 | NOK 3.3M |
| Normal Norge As Avd No1084 Bø I Telemark Bøsenteret | discount store | Stasjonsvegen 28, 3800 Bø I Telemark | NOK 19.2M | 15 | NOK 2.2M |
| Coop Sørøst Sa Avd 1192 Coop Prix Gvarv | supermarket chain | Gvarvgata 41, 3810 | NOK 37.4M | 9 | NOK 1.7M |
| Extra Bø Avd 4285 | supermarket | Folkestadvegen 1, 3800 Bø I Telemark | NOK 52.4M | 24 | NOK 980.0K |
| Nordagutu Butikkdrift As | supermarket | Nordagutuvegen 662, 3820 | NOK 12.9M | 8 | NOK 967.0K |
| Nordagutu Butikkeiendom As | supermarket | Nordagutuvegen 662A, 3820 | NOK 646.0K | 0 | NOK 539.0K |
| Bø Asiamat As | ethnic grocery store | Stasjonsvegen 20, 3800 Bø I Telemark | NOK 5.2M | 0 | NOK 491.0K |
| Bergland Helsekost As | food/beverages/tobacco stores | Stasjonsvegen 28, 3800 Bø I Telemark | NOK 0 | 4 | NOK 0 |
| Birte Hindrum As | supermarket chain | Bøgata 55A, 3800 Bø I Telemark | NOK 0 | 20 | NOK 0 |
| Bø Asiamat As Konkursbo | food/beverages/tobacco stores | Stasjonsvegen 20, 3800 Bø I Telemark | NOK 0 | 0 | NOK 0 |
| Dobe Dagligvare As | supermarket | Midtre Borgvin 16, 3801 Bø I Telemark | NOK 0 | 7 | NOK 0 |
| Lien Gård As | food/beverages/tobacco stores | Liagrendvegen 262, 3812 Akkerhaugen | NOK 0 | 0 | NOK 0 |
| Lien Gård As | food/beverages/tobacco stores | Liagrendvegen 262, 3812 Akkerhaugen | NOK 0 | 0 | NOK 0 |
| Lindheim Torstein | fruit/vegetables stores | Tinghaugvegen 92, 3810 Gvarv | NOK 0 | 0 | NOK 0 |
| Rune Digranes Bøen As | supermarket | Lundevegen 11, 3800 Bø I Telemark | NOK 0 | 20 | NOK 0 |
| Vinmonopolet As Butikk Bø | alcohol store | Stasjonsvegen 28, 3800 Bø I Telemark | NOK 56.0M | 8 | NOK -753.0K |
Conclusion
The fish shop industry in Midt Telemark has potential for development, especially in light of the growth-oriented service sector. Entrepreneurs should consider local needs, competition from other store types, and opportunities for innovation. SmartGrunder can help explore addresses and locations in the municipality that are well-positioned for this industry.