Gourmet Food Store Industry in Karmøy: Current Status and Outlook

Karmøy has a very small but dynamic gourmet food store industry, with only two registered companies. The industry shows significant variations in sales over time, with a peak of 397,000 NOK in 2020 and a sharp decline to 91,000 NOK in 2021. Employment statistics show very low activity, with only two employees in 2017 and zero employees since 2018. This indicates an industry in transition, with potential challenges related to stabilization and growth.

The two companies in the industry, Bifrost Vending As and Brekke, are both registered in Karmøy and have not filed for bankruptcy. Their organizational forms (AS and ENK) and lack of detailed financial data (such as operating profit and EBITDA) indicate an industry in an early stage or with limited public reporting.

SmartGrunder can help founders explore potential addresses in Karmøy for this industry, with a focus on natural conditions and market challenges.

Sales Development (2016–2025):

Sales have been highly uncertain, with an extreme increase in 2020 (possibly due to special circumstances during the pandemic) and a sharp decline in 2021. There is no data for 2022–2025, which may indicate an industry in stagnation or with limited activity.

Employment Development (2016–2025):

Only two employees were registered in 2017, and since then there have been zero employees. This indicates an industry with a small employment base and possibly a reliance on individuals or small teams.

There are 2 companies in the gourmet food store industry in Karmøy:

1. Bifrost Vending As (Nonsvardvegen 13, Kopervik)

• Organizational form: AS
• Founded: 2025-08-21
• Number of employees: 0
• Bankruptcies: Not filed
• Postal code: 4250
• Operating profit: 0 NOK
• Sales: 0 NOK
• EBITDA: 0 NOK

1. Brekke (Stemmemyr 97, Karmsund)

• Organizational form: ENK
• Founded: 2023-01-02
• Number of employees: 0
• Bankruptcies: Not filed
• Postal code: 5542
• Operating profit: 0 NOK
• Sales: 0 NOK
• EBITDA: 0 NOK

Organizational form statistics:

• AS: 1 company
• ENK: 1 company

Limitations in data:

• No detailed financial data (such as operating profit, EBITDA, wages, or operating income) is available for these companies.
• No bankruptcies have been filed in the industry since 2016.

The two companies in the gourmet food store industry in Karmøy are located at the following places:

Geographic distribution:

• Kopervik and Karmsund are the two most active areas in Karmøy for this industry.
• There is no data about other areas in the municipality with activity in this industry.

Consequences for founders:

• There is little competition in the industry, but there may be challenges with finding the right market areas and customers in these regions.
• SmartGrunder can help identify potential addresses in Karmøy with natural conditions suitable for this industry.

Bankruptcy Statistics:

• There have been no bankruptcies filed in the gourmet food store industry in Karmøy since 2016. This indicates a relatively stable industry, even though there is little activity.

Bankruptcies in the industry (2016–2025):

• 2016–2025: No bankruptcies filed.

Consequences for founders:

• There are no bankruptcies in the industry, which may indicate an industry with low risk of bankruptcy.
• However, there is little activity in the industry, which may be a challenge for new companies.
• There is no data about bankruptcy causes or processes in the industry.

Short-term challenges:

• Small market base: There are only two companies in the industry, which may make it difficult to find competitors or customers.
• Unstable sales: Sales have been highly uncertain, with large variations over time.
• Low number of employees: Only two employees were registered in 2017, and since then there have been zero employees.

Long-term opportunities:

• Low bankruptcy risk: There have been no bankruptcies filed in the industry since 2016, which may indicate an industry with low risk of bankruptcy.
• Potential growth: It may be possible to find new market areas in Karmøy, especially in Kopervik and Karmsund.
• SmartGrunder can help: Founders can get help identifying potential addresses in Karmøy with natural conditions suitable for this industry.

Broader services sector in Karmøy:

• Number of companies: 76 companies in the services sector, compared to only 2 in the gourmet food store industry.
• Sales (2016–2025): The services sector had total sales of 1,086.7M NOK in 2025, with a decline of 30.7% compared to 2024.
• Employment development (2016–2025): The services sector had 608 employees in 2026, with an increase of 5.6% compared to 2025.

Contrast to the gourmet food store industry:

• The services sector has higher sales and more companies: The services sector has much higher sales (1,086.7M NOK in 2025) and more companies (76) compared to the gourmet food store industry (2 companies and 0 sales in 2025).
• Employment development: The services sector has stable employment development, with an increase of 5.6% in 2026, while the gourmet food store industry has no employees since 2018.

Peer companies in the services sector:

• Ng Kiwi Rogaland As Avd 691 Norheim (Sales: 99.3M NOK, EBITDA: 5.3M NOK, 23 employees)
• Extra Kopervik Avd 283 (Sales: 101.7M NOK, EBITDA: 5.3M NOK, 40 employees)
• Extra Åkrehamn Avd 266 (Sales: 101.7M NOK, EBITDA: 5.3M NOK, 36 employees)
• Ng Kiwi Rogaland As Avd 615 Vormedal (Sales: 62.5M NOK, EBITDA: 3.4M NOK, 17 employees)
• Extra Skudenes Avd 272 (Sales: 62.6M NOK, EBITDA: 3.3M NOK, 18 employees)

Conclusion:

• The services sector has much higher sales and more companies compared to the gourmet food store industry.
• The gourmet food store industry has lower sales and fewer companies, which may be a challenge for founders.

The gourmet food store industry in Karmøy is a small but dynamic industry with potential challenges and opportunities. There are only two companies in the industry, and sales have been highly uncertain over time. However, there have been no bankruptcies filed in the industry since 2016, which may indicate an industry with low risk of bankruptcy.

For founders, there may be challenges with finding the right market areas and customers in Karmøy, but it may be possible to find new opportunities in Kopervik and Karmsund. SmartGrunder can help founders identify potential addresses in Karmøy with natural conditions suitable for this industry.