Fish Storage in Stavanger: Industry Analysis and Development Trends

Industry Profile and Key Trends

The fish storage industry in Stavanger is a small but dynamic industry with 6 registered companies. In recent years, the industry has shown significant fluctuations, with an extreme increase in sales and employees in 2024 (NOK 86.9M in sales and 102 employees), followed by a decline in 2026. There are no bankruptcy registrations among the companies, indicating a stable industry. The two most significant companies are Matboden K8 AS and Fisketorget Stavanger AS, which together account for over 90% of the industry's total sales.

Economic Development Trends

Sales and Employee Development (2016–2025):

The industry had an average annual sales increase of 14.6% from 2016 to 2024, followed by a sharp decline of 13.1% in 2025. Employee numbers had a similar fluctuation, with an extreme increase from 43 in 2023 to 118 in 2025, followed by a decline to 71 in 2026. This fluctuation may be due to a combination of market development and company strategies.

Registered Companies (2025):

1. Matboden K8 AS (Knud Holms gate 8, Stavanger)

• Legal Form: AS
• Employees: 53
• Sales: NOK 49.7M
• EBITDA: NOK 1.9M
• EBITDA Margin: 3.8%

1. Fisketorget Stavanger AS (Strandkaien 37, Stavanger)

• Legal Form: AS
• Employees: 8
• Sales: NOK 42.7M
• EBITDA: NOK 5.6M
• EBITDA Margin: 13.1%

1. Bernt Arild Bertelsen (Håvasteinveien 27, Rennesøy)

• Legal Form: ENK
• Employees: 0
• Sales: NOK 0

1. Rekekongene DA (Vestre Åmøy)

• Legal Form: DA
• Employees: 0
• Sales: NOK 0

1. Sjernarøy Krabbe Emanuelsen (Lundarvågvegen 187, Sjernarøy)

• Legal Form: ENK
• Employees: 0
• Sales: NOK 0

1. Snadderbua Arnt G Møller (Haugåsveien 41, Stavanger)

• Legal Form: ENK
• Employees: 0
• Sales: NOK 0

Legal Form Statistics:

• AS: 2 companies, 61 employees, NOK 92.4M in sales
• ENK: 4 companies, 0 employees, NOK 0 in sales

Geographical Distribution of Activity (2025):

Most companies are located in Stavanger, with particular activity in the city center area. Rennesøy and Sjernarøy have companies, but these have no employees or sales. This may indicate that these companies are newly established or not actively operating.

Industry Dynamics and Bankruptcy Statistics

Bankruptcy Statistics (2025):

• No companies in the industry are registered as bankrupt, indicating a stable industry.

Company Dynamics:

• The two most significant companies (Matboden K8 AS and Fisketorget Stavanger AS) have shown significant variation in EBITDA margins (3.8% vs. 13.1%).
• Companies with 0 employees and sales (such as Bernt Arild Bertelsen and Rekekongene DA) may be newly established or in the startup phase.
• There is a marked increase in the number of employees from 43 in 2023 to 118 in 2025, followed by a decline to 71 in 2026.

Outlook for Entrepreneurs

Short- and Medium-Term Outlook (2026–2027):

• The industry has shown potential for rapid growth, as illustrated by the sales increase of 141.2% from 2023 to 2024. This may indicate growing demand for fish storage products in Stavanger.
• However, there is a risk of fluctuations, as illustrated by the 39.8% decrease in the number of employees from 2025 to 2026. Entrepreneurs should consider establishing themselves in a stable part of the city, such as the Stavanger city center area, where there is the most activity.
• The EBITDA margins for the two most significant companies (3.8% and 13.1%) show that it is possible to achieve good results with the right strategy.

SmartGrunder can help entrepreneurs find optimal addresses in Stavanger for fish storage business, based on market development and competitiveness.

Comparison with the Services Industry

Services Industry in Stavanger (2025):

• 281 companies, 2,743 employees, NOK 54.8M in sales
• Year-over-Year Sales Change: -13.1% (2024→2025)
• Year-over-Year Employee Change: +4.3% (2025→2026)

Comparison with the Fish Storage Industry:

• The services industry has significantly larger volume, but lower EBITDA margins (average 6.2% vs. 8.0% for the fish storage industry).
• The fish storage industry has higher concentration (6 companies vs. 281 companies in the services industry), which may provide better market control.

Peer Companies in the Services Industry (Top 5):

1. Madla Handelslag SA (Supermarket) – NOK 301.4M in sales, 138 employees, NOK 14.4M EBITDA
2. Coop Økonom SA (Supermarket Chain) – NOK 397.6M in sales, 122 employees, NOK 12.9M EBITDA
3. Rogaland Dagligvare AS (Supermarket Chain) – NOK 237.1M in sales, 18 employees, NOK 12.3M EBITDA
4. Internasjonal Matsenter AS (Ethnic Grocery Store) – NOK 137.9M in sales, 24 employees, NOK 10.3M EBITDA
5. Matvareexpressen AS (Online Grocery Store) – NOK 122.9M in sales, 62 employees, NOK 7.0M EBITDA

The fish storage industry in Stavanger has shown potential for rapid growth, but also fluctuations in sales and employee numbers. The two most significant companies (Matboden K8 AS and Fisketorget Stavanger AS) have shown that it is possible to achieve high EBITDA margins (up to 13.1%) with the right strategy. The industry is stable with no bankruptcy registrations, but entrepreneurs should be aware of fluctuations in market development. Compared to the services industry, the fish storage industry has lower volume but higher EBITDA margins. SmartGrunder can help entrepreneurs find optimal addresses in Stavanger for fish storage business, based on market development and competitiveness.