Fish Processing in Vestby

The fish processing industry in Vestby constitutes a small but dynamic sector with a single company, Nykan As, registered in the municipality. In 2024, this company had 12 employees and achieved a sales volume of NOK 20.7 million. Although the number of employees has varied over time, there was a significant increase from 2022 to 2023 (from 9 to 14 employees), indicating a strengthening of capacity in the sector.

Sales have shown a positive trend, with an increase of +2.3% in 2024 compared to 2023. The most significant increase was recorded in 2020, when sales rose by +68% from 2019 to 2020. This may be due to increased demand for fish and fish-related products during the pandemic.

However, there is some uncertainty in the sector, as indicated by the fluctuating figures over time. For example, sales fell from 2021 to 2022 by -11.1%, and the number of employees decreased by -33.3% from 2017 to 2018. This shows that the sector is sensitive to external factors such as market conditions and economic cycles.

Sales and Employees in the Fish Processing Industry in Vestby:

Key Points:

• Sales experienced a sharp increase in 2020 but declined again in 2022. This may be due to variations in demand for fish and fish-related products.
• The number of employees increased significantly from 2022 to 2023 but decreased again in 2024. This may indicate a temporary strengthening of capacity.
• The EBITDA margin is low (1%) compared to other sectors, which may indicate high operating costs or low pricing.

There is 1 company in the fish processing industry in Vestby, namely Nykan As, registered at Storgata 23, Son. The company is organized as an AS and was founded in 2012. It has 12 employees and is not bankrupt.

Financial Data for Nykan As:

• Sales: NOK 20.7 million
• Operating Income: NOK 20.7 million
• Wages: NOK 4.5 million
• Operating Profit: NOK 37,000
• EBITDA: NOK 247,000
• Gross Margin: 33%
• EBITDA Margin: 1%
• EBITDA per Employee: NOK 18,300
• Operating Income per Employee: NOK 1.5 million
• Shareholders' Equity: NOK -536,000
• Debt: NOK 2.3 million
• Sales Growth: 10%
• Operating Income per Employee: NOK 1.5 million

Conclusion: Nykan As is a stable company with good sales growth, but with a low EBITDA margin. This may indicate high operating costs or low pricing.

The fish processing industry in Vestby is concentrated in Son, where there is 1 company. There are 12 employees and NOK 20.7 million in sales in this part of the municipality.

Details about Son:

• Number of companies: 1
• Number of employees: 12
• Sales: NOK 20.7 million
• Operating Income: NOK 20.7 million
• Wages: NOK 4.5 million
• Operating Profit: NOK 37,000
• EBITDA: NOK 247,000
• Gross Margin: 33%
• EBITDA Margin: 1%
• EBITDA per Employee: NOK 18,300
• Operating Income per Employee: NOK 1.5 million
• Shareholders' Equity: NOK -536,000
• Debt: NOK 2.3 million
• Sales Growth: 10%
• Operating Income per Employee: NOK 1.5 million

Conclusion: Son is an important hub for the fish processing industry in Vestby, with a single but stable company.

Bankruptcies and Operating Economics in the Fish Processing Industry in Vestby:

There are no bankruptcies registered in the fish processing industry in Vestby. This indicates that the sector is stable and has good operating economics.

Operating Economic Data:

• EBITDA Margin: 1% (low compared to other sectors)
• Gross Margin: 33% (high)
• Operating Profit: NOK 37,000 (low)
• Shareholders' Equity: NOK -536,000 (negative)
• Debt: NOK 2.3 million (high)

Conclusion: The fish processing industry in Vestby has a good gross margin, but a low EBITDA margin and negative shareholders' equity. This may indicate high operating costs or low pricing.

The fish processing industry in Vestby is a small but dynamic sector with a single company, Nykan As, which is stable and has good sales growth. This could be a good opportunity for entrepreneurs looking to establish themselves in the municipality.

Opportunities:

• Stable Market: Nykan As has been stable over time, with good sales growth.
• Low Competition: There is only one company in the sector, which could give entrepreneurs a good opportunity to establish themselves.
• Good Gross Margin: Nykan As has a gross margin of 33%, indicating that it is possible to achieve good results.

Challenges: This is a small sector, and there may be challenges in finding sufficient demand for fish and fish-related products. This could be a challenge for entrepreneurs looking to establish themselves in the municipality.

Service Sector in Vestby:

The service sector in Vestby is a large sector with 51 companies. There are 342 employees in 2026, and sales increased by +10.2% in 2024 compared to 2023. This shows that the service sector is an important part of Vestby's economy.

Contrast with the Fish Processing Industry:

• Number of Companies: The service sector has 51 companies, while the fish processing industry has 1 company.
• Number of Employees: The service sector has 342 employees in 2026, while the fish processing industry has 13 employees in 2024.
• Sales: The service sector has NOK 940.6 million in sales in 2024, while the fish processing industry has NOK 18.9 million in sales in 2024.

Conclusion: The service sector is a much larger and more dynamic sector than the fish processing industry in Vestby. This could be an important factor for entrepreneurs looking to establish themselves in the municipality.

The fish processing industry in Vestby is a small but dynamic sector with a single company, Nykan As, which is stable and has good sales growth. This could be a good opportunity for entrepreneurs looking to establish themselves in the municipality. The service sector in Vestby is a large sector with 51 companies, and there are 342 employees in 2026. This shows that the service sector is an important part of Vestby's economy.

SmartGrunder can help entrepreneurs find good addresses in Vestby for the fish processing industry, and we can also help analyze market conditions and competitiveness. We want to help entrepreneurs establish themselves in Vestby, and we are here to provide advice and support.