Industry · municipality
The Fish Shop Industry in Modum: Current Status and Future Prospects
A detailed analysis of companies, economic data, and development trends
Executive Summary
The fish shop industry in Modum is a niche sector with no registered companies in the specific fish shop category. However, there are potential development opportunities in the municipality, particularly in light of the broader services group that dominates the local economy. This article series analyzes the current status, economic trends, and future prospects for the fish shop industry in Modum, focusing on companies, geographic distributions, and dynamics within the sector.
Economic Overview
Economic trends for the fish shop industry
There is no direct data on sales or employee development for fish shop companies in Modum, as there are no registered companies in this category. However, we can look at the broader services group to gain insight into local economic trends:
- Sales: In the services group, sales in Modum have ranged between NOK 477.7 million and NOK 574.1 million from 2016 to 2020, with an increase of +14.5% in 2020. After that, there was a decline of -6.0% in 2021 and -11.2% in 2023.
- Employees: The number of employees in the services group has ranged between 191 and 211 from 2016 to 2026, with a decline of -5.7% in 2024.
These trends show that the services sector in Modum has been marked by fluctuations, which may be relevant for future fish shop companies competing in a dynamic local economy.
Companies in the Industry
Companies in the fish shop industry
There are no registered companies in the fish shop category in Modum. This underscores that the sector is niche in the municipality. However, there are numerous companies in the broader services group, which includes:
- Supermarket chains (e.g., Ng Kiwi, Spar, Extra)
- Discount stores (e.g., Normal Norge)
- Gourmet food stores and other specialized retail
These companies may represent competitors or potential partners for future fish shop companies in Modum.
Geographic Distribution
Geographic distribution of activity
There is no detailed data on the geographic distribution of fish shop activity in Modum. However, it is known that the services group has companies distributed across several neighborhoods in the municipality, including Vikersund, Åmot, and Geithus. This may be relevant for future fish shop companies considering location and competitive proximity to other stores.
Industry Dynamics
Industry dynamics and bankruptcy statistics
There is no publicly available data on bankruptcy or bankruptcy risk for fish shop companies in Modum. However, the services group shows that companies in the sector have varied EBITDA and sales, which may indicate that some companies have faced economic challenges. For example:
- Ng Kiwi Buskerud As Avd 527 Vikersund: NOK 7.8M EBITDA, NOK 132.5M sales
- Spar Vikersund: NOK 67.4M sales, but NOK 316.9K EBITDA
This shows that while sales can be high, margins may be weak for some companies in the sector.
Outlook
Future prospects for the fish shop industry
For entrepreneurs considering establishing themselves in the fish shop industry in Modum, it is important to consider the following:
- Lack of existing companies: There are no fish shops in the municipality, which could be an opportunity to fill a market gap.
- Competitive sectors: There is a strong presence of supermarket chains and discount stores, which could be both competitors and potential partners.
- Local economic trends: The broader services group has shown fluctuations in sales and employees, which could affect future establishment.
SmartGrunder can help entrepreneurs explore potential addresses in Modum for fish shop companies, focusing on natural distributions and competitiveness.
Outlook for the Services Group
The broader services group in Modum has 30 companies, with a combination of supermarket chains, discount stores, and other specialized retail. Compared to the fish shop industry, which has no companies, the services group shows a strong presence of competitors in adjacent sectors. Key data:
- Sales: In 2025, the services group had NOK 510.3 million in sales, an increase of +1.3% from 2024.
- Employees: In 2026, the services group had 191 employees, a decrease of -3.0% from 2025.
Peer companies in the services group include:
| Name | Address | Sales | EBITDA |
|---|---|---|---|
| Ng Kiwi Buskerud As Avd 527 Vikersund | Vikersundgata 32, 3370 | NOK 132.5M | NOK 7.8M |
| Spar Vikersund | Vikersundgata 6, 3370 | NOK 67.4M | NOK 316.9K |
| Normal Norge As Avd No1197 Åmot | Lilleåsgata 1, 3340 | NOK 14.4M | NOK 1.6M |
These companies may represent both competitors and potential partners for future fish shop companies in Modum.
Other companies in tjenester (not in fish store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Ng Kiwi Buskerud As Avd 527 Vikersund | supermarket chain | Vikersundgata 32, 3370 | NOK 132.5M | 37 | NOK 7.8M |
| Ng Kiwi Buskerud As Avd 571 Åmot Sentrum | supermarket chain | Stålfjæra 1, 3340 Åmot | NOK 103.0M | 27 | NOK 6.1M |
| Ng Kiwi Buskerud As Avd 338 Åmot | supermarket chain | Strandgata 12, 3340 Åmot | NOK 54.0M | 16 | NOK 3.2M |
| Normal Norge As Avd No1197 Åmot | discount store | Lilleåsgata 1, 3340 Åmot | NOK 14.4M | 10 | NOK 1.6M |
| Coop Prix Geithus 1147 | supermarket chain | Folkvangveien 1, 3360 Geithus | NOK 29.3M | 12 | NOK 1.6M |
| Spar Vikersund | supermarket chain | Vikersundgata 6, 3370 | NOK 67.4M | 29 | NOK 316.9K |
| Hansen Varehandel As | food/beverages/tobacco stores | Kjølstadgata 16, 3370 Vikersund | NOK 472.0K | 0 | NOK 83.0K |
| Byggai As | other non-specialised store | Øvre Nedmarken 12, 3370 Vikersund | NOK 0 | 0 | NOK 0 |
| Bø Kjetil Andre | food/beverages/tobacco stores | Rolighetsgata 9, 3360 Geithus | NOK 0 | 0 | NOK 0 |
| Chrzanowski Handel | other non-specialised store | Skredsvikmoen 40, 3360 Geithus | NOK 0 | 0 | NOK 0 |
| Extra Vikersund Avd 4341 | supermarket chain | Vikersundgata 34, 3370 | NOK 0 | 14 | NOK 0 |
| Extra Åmot | supermarket chain | Sporpind, 3340 Åmot | NOK 0 | 12 | NOK 0 |
| Go'biten Kiosk As Konkursbo | supermarket | Lilleåsgata 1, 3340 Åmot | NOK 0 | 0 | NOK 0 |
| Happy Smiles Hernandez | gourmet food store | Nesleveien 2, 3360 Geithus | NOK 0 | 0 | NOK 0 |
| Henriette Overn | food/beverages/tobacco stores | Overnveien 195, 3340 Åmot | NOK 0 | 0 | NOK 0 |
| Kjerringa I Straumen På Ness | other non-specialised store | c/o RICHARD V. JENSEN|Glimmerveien 19, 3340 Åmot | NOK 0 | 0 | NOK 0 |
| Lene I Solbakken | supermarket | Skinnerudveien 6, 3360 Geithus | NOK 0 | 0 | NOK 0 |
| Lene I Solbakken | supermarket chain | Skinnerudveien 6, 3360 Geithus | NOK 0 | 0 | NOK 0 |
| Liss Heidi Djupvik Jahr | other non-specialised store | Jarveien 125, 3340 Åmot | NOK 0 | 0 | NOK 0 |
| M.p Renna As | supermarket chain | REMA 1000 VIKERSUND|Idrettsveien 2, 3370 | NOK 0 | 18 | NOK 0 |
| Marley As | other non-specialised store | Konvallveien 2, 3360 Geithus | NOK 0 | 0 | NOK 0 |
| Martin Hjelmesæth | food/beverages/tobacco stores | Harespranget 2, 3370 Vikersund | NOK 0 | 0 | NOK 0 |
| Mix Åmotsenteret | kiosk | Lilleåsgata 1, 3340 Åmot | NOK 0 | 0 | NOK 0 |
| Pegah Schmidt | other non-specialised store | Henåaveien 77, 3370 Vikersund | NOK 0 | 0 | NOK 0 |
| Silje Overn | food/beverages/tobacco stores | Harespranget 22, 3370 Vikersund | NOK 0 | 0 | NOK 0 |
| Spar Åmot | supermarket chain | Lilleåsgata 1, 3340 Åmot | NOK 0 | 23 | NOK 0 |
| Stijn Adriaanse As | supermarket chain | Lilleåsgata 2A, 3340 Åmot | NOK 0 | 14 | NOK 0 |
| Teda Nilsen | ethnic grocery store | Strandgata 27, 3340 Åmot | NOK 0 | 0 | NOK 0 |
| Vinmonopolet As Butikk Vikersund | alcohol store | Vikersundgata 34, 3370 | NOK 37.4M | 6 | NOK -502.0K |
| Go'biten Kiosk As | supermarket | Lilleåsgata 1, 3340 Åmot | NOK 5.0M | 0 | NOK -508.0K |
Conclusion
The fish shop industry in Modum is a niche sector with no registered companies, but potential opportunities for entrepreneurs wishing to fill a market gap. The broader services group shows a strong presence of competitors in adjacent sectors, which requires a thorough analysis of competitiveness and local economic trends. SmartGrunder can help entrepreneurs explore potential addresses in Modum for fish shop companies, focusing on natural distributions and competitiveness.