Industry · municipality
The Fish Shop Industry in Oslo: Companies, Statistics, and Outlooks
A detailed analysis of the fish shop industry in Oslo for entrepreneurs and local decision-makers
Brief overview of the fish shop industry in Oslo
The fish shop industry in Oslo is a stable but dynamic sector with 29 registered companies in the municipality. In recent years, the industry has shown variations in revenue and number of employees, with a peak in 2019 and a decline since 2023. Although some companies have faced challenges, such as negative EBITDA or low revenue, there are several established players that have demonstrated strong financial performance. The industry is primarily composed of AS companies, and activity is concentrated in Oslo's city center. This analysis provides a detailed overview of companies, economic trends, and opportunities for entrepreneurs.
Economic trends in the fish shop industry
Economic trends
Revenue and employees:
- Revenue: The industry reached a peak in 2019 with NOK 110.2 million, but has since experienced a decline to NOK 92.8 million in 2025. The most recent annual growth was +9.0% in 2023.
- Number of employees: There have been fluctuations, with a peak of 131 employees in 2018 and a decline to 98 employees in 2024. There is a growth of +18.2% from 2025 to 2026.
Economic indicators:
- EBITDA margin: Average of 9%, with variations between 0% and 13%.
- Average revenue per employee: NOK 1.2 million in 2025.
Trend analysis: The industry has shown a weak negative trend in revenue over the last two years, but there is an expected growth in the number of employees from 2025 to 2026. This may indicate an improvement in operating results or an increase in activity in the sector.



Key companies in the fish shop industry
Key companies in the industry
The following companies are registered in the fish shop industry in Oslo:
| Company | Address | Number of employees | EBITDA (NOK) | Revenue (NOK) |
|---|---|---|---|---|
| Andersen Nilsen As | Youngstorget 2 | 61 | 5.3M | 39.6M |
| O Fjelberg As | Bygdøy Alle 56 | 11 | 3.4M | 28.7M |
| Vinderen Sjømat Og Delikatesse As | Hellerudsvingen 23 | 10 | 53.0K | 18.9M |
| Mathisens Fisk As | Lindebergåsen 16B | 5 | 1.2M | 12.7M |
| Fisketorget I Oslo As | c/o Malling & Co Forvaltning AS | 0 | -1.4M | 11.0K |
Organizational forms:
- AS: 9 companies, 131 employees, NOK 107.6M operating income, NOK 106.9M revenue, NOK 29.0M wages, NOK 8.5M operating result, NOK 9.9M EBITDA, NOK 53.9M gross profit, NOK 13.9M equity, NOK 20.3M debt, 4% revenue growth, 9% EBITDA margin, 50% gross profit margin, 7% operating margin.
Note: There are 29 companies in the industry, but only 16 are reported in the data. There are several companies that have not reported financial data.
Distribution of activity in Oslo
The fish shop industry in Oslo is concentrated in the city center of the municipality. There are 9 companies and 131 employees in Oslo. There is no activity in other districts or municipalities. The distribution is as follows:
| District | Number of companies | Number of employees | Revenue (NOK) | Operating income (NOK) |
|---|---|---|---|---|
| Oslo | 9 | 131 | 106.9M | 107.6M |
Note: There is no activity in other districts or municipalities. There are 29 companies in the industry, but only 9 are reported in the data.

Business dynamics and bankruptcy statistics
Bankruptcy statistics:
- There are no bankruptcy reports in the fish shop industry in Oslo. All companies are reported as not bankrupt.
Operating results:
- Vippetangen Fisk & Kolonial As: Has a negative EBITDA of NOK -210.0K and a negative operating result of NOK -294.0K.
- Dobbel A Holding As: Has a negative EBITDA of NOK -6.0K and a negative operating result of NOK -6.0K.
- Fisketorget I Oslo As: Has a negative EBITDA of NOK -1.4M and a negative operating result of NOK -2.8M.
Note: Although some companies have challenges, there are no bankruptcy reports in the industry. There is stable operations in most companies.
Outlook for entrepreneurs
The fish shop industry in Oslo has shown a weak negative trend in revenue over the last two years, but there is an expected growth in the number of employees from 2025 to 2026. This may indicate an improvement in operating results or an increase in activity in the sector. There are also opportunities to establish oneself in a sector with established players that have demonstrated strong financial performance. Entrepreneurs should consider analyzing competitors and exploring opportunities to establish themselves in a sector with established players that have demonstrated strong financial performance.
Outlook for the services sector
Services sector has much higher revenue and more companies than the fish shop industry. There are 1817 companies in the services sector, while there are 29 companies in the fish shop industry. Revenue in the services sector has shown a growth of +20.9% from 2019 to 2020, but a decline of -10.4% from 2024 to 2025. The number of employees has shown a growth of +3.7% from 2025 to 2026.
Peer companies in the services sector:
- Eqology.no As: NOK 1613.8M revenue, NOK 356.0M EBITDA, 14 employees.
- Cc Vest Mat As: NOK 527.0M revenue, NOK 58.6M EBITDA, 214 employees.
- Cheffelo Norway As: NOK 662.9M revenue, NOK 51.4M EBITDA, 198 employees.
Note: The services sector has much higher revenue and more companies than the fish shop industry. There are opportunities to establish oneself in a sector with established players that have demonstrated strong financial performance.



Other companies in tjenester (not in fish store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Eqology.no As | food/beverages/tobacco stores | Mustads vei 1A, 0283 Oslo | NOK 1613.8M | 14 | NOK 356.0M |
| Scandinavian Design Center Nuf | other non-specialised store | c/o Business Sweden|Arbins gate 2, 0253 Oslo | NOK 2238.7M | 0 | NOK 72.1M |
| Cc Vest Mat As | supermarket chain | Lilleakerveien 16, 0283 Oslo | NOK 527.0M | 214 | NOK 58.6M |
| Cheffelo Norway As | online grocery store | Tordenskiolds gate 8, 0160 Oslo | NOK 662.9M | 198 | NOK 51.4M |
| Nutraq Norway As | food/beverages/tobacco stores | Sjølyst plass 3, 0278 Oslo | NOK 201.4M | 0 | NOK 49.3M |
| Norgesgruppen Konsernanskaffelser As | supermarket | Karenslyst allé 12, 0278 Oslo | NOK 0 | 10 | NOK 37.3M |
| Ng Kiwi Oslo Akershus As Avd 391 Bogstad | supermarket chain | Ankerveien 117, 0766 Oslo | NOK 271.4M | 56 | NOK 13.6M |
| Vitamail As | food/beverages/tobacco stores | Vestliveien 28C, 0750 Oslo | NOK 31.3M | 13 | NOK 13.0M |
| Norgesgruppen Data As Avd Karenslyst Alle | supermarket | Karenslyst Alle 12-14, 0278 Oslo | NOK 2.4M | 16 | NOK 12.6M |
| Kokkeløren As | online grocery store | Alf Bjerckes vei 14, 0582 Oslo | NOK 118.9M | 46 | NOK 11.0M |
| Meny Røa | supermarket chain | Vækerøveien 205, 0751 Oslo | NOK 249.9M | 119 | NOK 10.2M |
| Ng Kiwi Oslo Akershus As Avd 307 Kringsjå | supermarket chain | Olav M. Troviks vei 72, 0864 Oslo | NOK 203.5M | 49 | NOK 10.2M |
| Butikkdrift Sandakerveien 24 As | supermarket chain | Sandakerveien 24, 0473 Oslo | NOK 188.0M | 40 | NOK 10.2M |
| Meny Bryn | supermarket chain | Østensjøveien 79, 0667 Oslo | NOK 281.3M | 150 | NOK 9.5M |
| Ng Kiwi Oslo Akershus As Avd 588 Mortensrud | supermarket chain | Helga Vaneksvei 1, 1281 Oslo | NOK 180.9M | 36 | NOK 9.1M |
| Gladengen Drift As | supermarket chain | Gladengveien 2, 0661 Oslo | NOK 0 | 22 | NOK 8.5M |
| Jacobs På Holtet | supermarket chain | Ekebergveien 145, 1178 Oslo | NOK 241.4M | 105 | NOK 8.2M |
| Meny Tveita | supermarket chain | Tvetenveien 150, 0671 Oslo | NOK 195.1M | 86 | NOK 8.0M |
| Ng Kiwi Oslo Akershus As Avd 273 Cecilie Thoresens Vei | supermarket chain | Cecilie Thoresens vei 11, 1153 Oslo | NOK 158.3M | 37 | NOK 7.9M |
| Ng Kiwi Oslo Akershus As Avd 402 Tonsenhagen | supermarket chain | RØDBERGVEIEN 16, 0591 Oslo | NOK 158.3M | 36 | NOK 7.9M |
| Ng Kiwi Oslo Akershus As Avd 417 Hegdehaugsveien | supermarket chain | Hegdehaugveien 31, 0352 Oslo | NOK 158.3M | 38 | NOK 7.9M |
| Meny Frogner | supermarket chain | Frognerveien 8, 0257 Oslo | NOK 189.0M | 74 | NOK 7.7M |
| Meny Ringnes Park | supermarket chain | Sannergata 6C, 0557 Oslo | NOK 189.0M | 95 | NOK 7.7M |
| Tirthes Mat As | supermarket chain | Biskop Gunnerus' gate 14, 0185 Oslo | NOK 178.0M | 4 | NOK 7.7M |
| Maschmanns As | supermarket chain | Karenslyst allé 2, 0278 Oslo | NOK 92.8M | 66 | NOK 7.6M |
| Normal Norge As No 1152 Oslo Karl Johan | discount store | Karl Johans gate 6, 0154 Oslo | NOK 67.1M | 39 | NOK 7.5M |
| Coop Øst Sa Avd 2582 Obs Haugenstua | supermarket chain | Østre Aker vei 264, 0977 Oslo | NOK 187.4M | 54 | NOK 7.4M |
| Ng Kiwi Oslo Akershus As Avd 326 Sandakerveien | supermarket chain | Sandakerveien 76C, 0484 Oslo | NOK 147.0M | 27 | NOK 7.4M |
| Ng Kiwi Oslo Akershus As Avd 373 Solli Plass | supermarket chain | Henrik Ibsens gate 90, 0255 Oslo | NOK 147.0M | 33 | NOK 7.4M |
| Ng Kiwi Oslo Akershus As Avd 385 Adamstuen | supermarket chain | Ullevålsveien 68, 0454 Oslo | NOK 147.0M | 36 | NOK 7.4M |
| Normal Norge As Avd No1085 Oslo Oslo City | discount store | Stenersgata 1, 0050 Oslo | NOK 62.3M | 32 | NOK 7.0M |
| Ng Kiwi Oslo Akershus As Avd 419 Storo | supermarket chain | Vitaminveien 3, 0485 Oslo | NOK 135.7M | 29 | NOK 6.8M |
| Meny Colosseum | supermarket chain | Sørkedalsveien 10, 0369 Oslo | NOK 164.6M | 70 | NOK 6.7M |
| Good For Me As | food/beverages/tobacco stores | Øvre Slottsgate 4, 0157 Oslo | NOK 106.3M | 39 | NOK 6.4M |
| Ng Kiwi Oslo Akershus As Avd 351 Grønland Basar | supermarket chain | Tøyengata 2, 0190 Oslo | NOK 124.4M | 30 | NOK 6.2M |
| Ng Kiwi Oslo Akershus As Avd 381 Sorgenfrigata | supermarket chain | Sorgenfrigata 11, 0367 Oslo | NOK 124.4M | 28 | NOK 6.2M |
| Irra Mardal Butikkdrift As | supermarket chain | v/REMA 1000 Tøyen|Tøyen Torg|Hagegata 23, 0653 Oslo | NOK 162.4M | 29 | NOK 6.1M |
| Nasjonalen Mat As | supermarket | Haakon VIIs gate 1, 0161 Oslo | NOK 34.5M | 15 | NOK 6.1M |
| Meny Lambertseter | supermarket chain | Cecilie Thoresens vei 21, 1153 Oslo | NOK 146.3M | 66 | NOK 6.0M |
| Meny Nordstrand | supermarket chain | Nordstrandveien 42, 1163 Oslo | NOK 146.3M | 72 | NOK 6.0M |
Conclusion
The fish shop industry in Oslo is a stable, but dynamic sector with 29 registered companies in the municipality. In recent years, the industry has shown variations in revenue and number of employees, with a peak in 2019 and a decline since 2023. Although some companies have faced challenges, there are several established players that have demonstrated strong financial performance. The industry is primarily composed of AS companies, and activity is concentrated in Oslo's city center. There are opportunities to establish oneself in a sector with established players that have demonstrated strong financial performance. SmartGrunder can help entrepreneurs find addresses in Oslo for the fish shop industry where it is natural to establish themselves.