Fishing Industry in Tromsø: Industry Analysis and Development Trends

The fishing industry in Tromsø shows a mix of stability and variations over the years. In 2025, the single company in the sector, A Dragøy As, had a sales volume of NOK 12.4 million and 14 employees. Sales have been uneven, with a significant decline of -48.2% in 2021, but a gradual increase since then. The EBITDA margin stands at 1%, indicating a weakly profitable operation, while gross margins are 39% – a strong indicator of cost control in the business.

Employee numbers have also been variable, with a low point of 10 employees in 2022 and stabilization at 14 employees in 2025. This suggests a gradual adaptation to market conditions and a focus on maintaining a stable workforce.

The fishing industry in Tromsø is dominated by one company: A Dragøy As, registered at Huldervegen 18 in Tromsø. The company was founded in 2000 and has an organizational form of AS. It has 14 employees and reports operating income of NOK 12.4 million. The company is not registered as bankrupt, indicating a relatively stable operation.

The table below provides a detailed overview of the company:

This company is the only actor in the sector, giving it a unique position in the market.

The fishing industry in Tromsø is concentrated in the Tromsø area. There is 1 company registered in the municipality, and all activities take place in Tromsø. There are no registered companies in other districts or municipalities in the area. This indicates a concentration of fishing industry activities in the capital, which may be due to logistics, customer base, or local accessibility to fish resources.

The fishing industry in Tromsø has been relatively stable over the years, with no registered bankruptcies during the period. This is a positive indicator of the sector's resilience. However, sales and employee numbers have shown variations, especially in 2020–2021, when sales fell by -48.2%. This may be due to external factors such as the pandemic or changes in customer behavior.

The single company in the sector has shown a gradual adaptation, with an increase in the number of employees from 10 in 2022 to 14 in 2025. This suggests a strategic focus on maintaining a stable operation and adapting to market conditions.

For entrepreneurs considering establishing themselves in the fishing industry in Tromsø, it is important to be aware of both the opportunities and challenges. The industry is a niche market, with a single actor in the municipality, which can provide a unique position. However, it is important to be aware of the fluctuations in sales and operating results, which were affected by external factors such as the pandemic.

A possible strategy could be to focus on local customers, especially in Tromsø, and utilize existing infrastructure. At the same time, it may be profitable to explore cooperation with local suppliers or specialize in unique fish products to stand out in the market. SmartGrunder can help entrepreneurs find suitable locations and strategies to establish themselves in this industry.

The fishing industry is part of the broader services sector in Tromsø, which has a much larger business base. In 2025, the services sector had 147 companies and 1,846 employees, with a total sales volume of NOK 3.74 billion. This shows that the services sector is much more diversified and volumetrically stronger than the fishing industry.

When comparing the fishing industry to the services sector, it is clear that fishing is a niche market industry with lower volume and fewer actors. However, there may be opportunities for specialization and local connections that can provide a competitive advantage. The table below shows some of the most relevant companies in the services sector, which can provide insight into competition and potential collaboration opportunities:

These companies have a much higher sales volume and EBITDA than the fishing industry, showing that the services sector has a broader market and greater economic capacity.

The fishing industry in Tromsø is a niche market industry with a single actor, A Dragøy As, which has shown a gradual stabilization over the years. Although sales and operating results have been uneven, there are no bankruptcy registrations, indicating a relative resilience. For entrepreneurs, this can be an opportunity to establish themselves in a niche market with potential advantages in local accessibility and specialization.

At the same time, it is important to be aware of the fluctuations in sales and operating results, which can be influenced by external factors. SmartGrunder can help entrepreneurs find suitable locations and strategies to establish themselves in this industry, with a focus on local customers and specialization.

The fishing industry in Tromsø is dominated by one company, A Dragøy As, with 14 employees and a sales volume of NOK 12.4 million in 2025. The industry has shown variations in sales and operating results, but no bankruptcy registrations. It is part of the broader services sector, which has a much larger business base and higher sales volume. For entrepreneurs, this can be an opportunity to establish themselves in a niche market with potential advantages in local accessibility and specialization.