Industry · municipality
Gourmet Food Store in Notodden: Current Status and Outlook
A detailed analysis of the industry, companies, and development in the municipality
Executive Summary
Industry Overview
Gourmet food store in Notodden is a very small and dynamic industry with only one registered company, Healthy Nisse As, which is in bankruptcy. The industry has been marked by dramatic sales declines and a lack of employees over the past few years. Although the service sector in the municipality shows a more stable development, the data indicate challenges for gourmet food store businesses in Notodden. SmartGrunder can help entrepreneurs find strategic addresses in the municipality for this industry.
Economic Overview
Sales and employees in the gourmet food store industry in Notodden:
- Sales: A sharp increase from 0 NOK in 2016 to 532,000 NOK in 2017, followed by a gradual decline to 0 NOK in 2020 and onwards.
- Employees: 0 employees in all years from 2016 to 2026.
Reasons for the decline:
- Some years show large percentage declines (e.g., -92.9% from 2017 to 2018 and -100% from 2019 to 2020).
- Lack of permanent websites and economic stability in the industry.
Table: Annual sales and employees
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 0 | 0 |
| 2017 | 532,000 | 0 |
| 2018 | 38,000 | 0 |
| 2019 | 6,615 | 0 |
| 2020 | 0 | 0 |
| 2021 | 0 | 0 |
| 2022 | 0 | 0 |
| 2023 | 0 | 0 |
| 2024 | 0 | 0 |
| 2025 | 0 | 0 |
| 2026 | 0 | 0 |
Companies in the Industry
Registered companies in the gourmet food store industry in Notodden:
- Healthy Nisse As (Årlifossvegen 759, Notodden):
- Company form: AS
- Founded: 2026-04-27
- Number of employees: 0
- Bankruptcies: Yes
- Sales: 0 NOK
- EBITDA: 0 NOK
Company form statistics:
- Only one company registered in the industry, and it is bankrupt.
- Lack of diversity in company forms (only AS).
Conclusion: The industry lacks both the number of companies and economic activity to be attractive for entrepreneurs.
Business Geography
Distribution of activity in Notodden:
- Only one company is registered in the industry, and it is located in Notodden on Årlifossvegen 759.
- Within the municipality, there are no sub-geographic areas with activity in the industry.
Table: Distribution by city/place
| City/Place | Number of companies |
|---|---|
| Notodden | 1 |
Outlook: There are no indications that other districts in the municipality have potential to become centers for gourmet food store activity in the future.
Business Dynamism
Bankruptcies and business activity:
- Healthy Nisse As is bankrupt, which shows the industry's unstable economic foundation.
- No other companies in the industry have reported operating results or employees.
Business activity:
- Sales and operating results have been 0 NOK in most years, with exceptions in 2017 and 2018.
- Lack of data on EBITDA, operating results, and wage costs.
Outlook: The industry lacks both business activity and economic stability to be attractive for entrepreneurs.
Outlook
Outlook for Entrepreneurs
Conclusion for entrepreneurs:
- The gourmet food store industry in Notodden is marked by instability and lack of activity.
- Only one company is registered, and it is bankrupt, showing the industry's weak foundation.
- Lack of data on operating results and employees makes it difficult to assess potential.
Recommendation: Entrepreneurs should consider focusing on niche markets or innovative models to create value in the industry. SmartGrunder can help find strategic addresses in the municipality for this industry.
Outlook for the Service Sector
Contrast between services and gourmet food store:
- Service sector in Notodden has more companies (30) and more stable economic data:
- Sales: Increase from 526.8 million NOK in 2016 to 672.4 million NOK in 2021.
- Employees: Increase from 270 in 2016 to 278 in 2026.
- Gourmet food store has only one company and no business activity.
Peer companies in the service sector:
- Nea Gruppen As (Tinnegrendvegen 91): 30.9 million NOK in sales, 10 employees.
- Ng Kiwi Vestfold Telemark As (Jernverksgata 6): 96.2 million NOK in sales, 19 employees.
- Meny Tuven (Tuvenbøygen 2): 107.7 million NOK in sales, 37 employees.
Conclusion: The service sector has greater potential for entrepreneurs than the gourmet food store industry in Notodden.
Other companies in tjenester (not in gourmet food store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Nea Gruppen As | other non-specialised store | Tinnegrendvegen 91, 3683 Notodden | NOK 30.9M | 10 | NOK 8.8M |
| Ng Kiwi Vestfold Telemark As Avd 394 Notodden | supermarket chain | Jernverksgata 6, 3674 Notodden | NOK 96.2M | 19 | NOK 4.9M |
| Meny Tuven | supermarket chain | Tuvenbøygen 2, 3676 Notodden | NOK 107.7M | 37 | NOK 3.1M |
| Coop Sørøst Sa Avd 1175 Extra Kongsberveien | supermarket chain | Kongsbergveien 49, 3681 Notodden | NOK 47.6M | 11 | NOK 2.2M |
| Normal Norge As Avd No1109 Notodden, Tuven | discount store | Tuvenbøygen 2, 3676 Notodden | NOK 19.2M | 16 | NOK 2.2M |
| Coop Sørøst Sa Avd 2822 Extra Kvantum | supermarket chain | Merdevegen 22, 3676 Notodden | NOK 44.2M | 12 | NOK 2.0M |
| Clas Ohlson As Avd Notodden | other non-specialised store | Tuvenbøygen 2, 3676 Notodden | NOK 32.9M | 14 | NOK 1.7M |
| Tmt Dagligvare As | supermarket chain | Heddalsvegen 49, 3674 Notodden | NOK 29.1M | 14 | NOK 492.0K |
| J O Drift As | supermarket chain | Langkåsveien 15, 3675 Notodden | NOK 11.2M | 9 | NOK 372.0K |
| Olivia Dagligvarer As | supermarket | Storgata 40, 3674 Notodden | NOK 4.9M | 4 | NOK 271.0K |
| Handelscompagniet Peer Gynt As | supermarket | Kongsbergveien 15, 3681 Notodden | NOK 13.1M | 8 | NOK 116.0K |
| Bråtelia Holding As | supermarket | c/o Alexander Bråtelia|Idrettsveien 16, 3678 Notodden | NOK 0 | 0 | NOK 0 |
| Butikk 473 Kvantum Varehus Helge Og June's Kiosk Da | supermarket | Merdevegen 22B, 3676 Notodden | NOK 0 | 0 | NOK 0 |
| Cherry Andersen Asiabutikk | ethnic grocery store | Heddalsvegen 44, 3674 Notodden | NOK 0 | 0 | NOK 0 |
| Coop Sørøst Sa Extra Notodden Avd 4282 | supermarket chain | Storgata 13, 3674 Notodden | NOK 0 | 15 | NOK 0 |
| Gransherad Butikkdrift As | supermarket | Gransheradvegen 1043, 3691 | NOK 0 | 5 | NOK 0 |
| Ha Li Spekemat Hallgeir Lia | meat store | v/ Hallgeir Lia|Nordre Vestsidaveg 21, 3677 Notodden | NOK 0 | 0 | NOK 0 |
| Healthy Nisse As | food/beverages/tobacco stores | Årlifossvegen 759, 3680 Notodden | NOK 0 | 0 | NOK 0 |
| Hjemmebrent Kaffe As | food/beverages/tobacco stores | c/o Eztheory AS|Otto Sverdrups gate 80, 3678 Notodden | NOK 0 | 0 | NOK 0 |
| Ng Kiwi Vestfold Telemark As Avd 967 Tuven | supermarket | Semsvegen 56, 3676 Notodden | NOK 0 | 22 | NOK 0 |
| Ng Spar Vestfold Telemark As Spar Rambergshjørnet | supermarket chain | Storgata 87, 3674 Notodden | NOK 0 | 34 | NOK 0 |
| Stay Positive Tone Elisabeth Moland | food/beverages/tobacco stores | Tinnesgata 65, 3675 Notodden | NOK 0 | 0 | NOK 0 |
| Sviip Bråthen | other non-specialised store | c/o Einar Al-idani Bråthen|Fridtjof Nansens gate 20, 3679 Notodden | NOK 0 | 0 | NOK 0 |
| Synnøve Skogen Håberg | supermarket | Håbergvegen 129, 3677 Notodden | NOK 0 | 0 | NOK 0 |
| Tommy Johansen As | supermarket chain | c/o REMA 1000 NOTODDEN|Birkelands gate 3, 3674 | NOK 0 | 18 | NOK 0 |
| Tommy Johansen Tuven As | supermarket | C/O REMA 1000 Tuven|Semsvegen 40A, 3676 Notodden | NOK 0 | 20 | NOK 0 |
| Xtra Spare Butikk Mousab Yahaya Moustafa | supermarket | Telegata 7, 3674 Notodden | NOK 0 | 2 | NOK 0 |
| Life Livsstilsbutikk Notodden As | food/beverages/tobacco stores | Tuvenbøygen 2, 3676 Notodden | NOK 4.9M | 6 | NOK -216.0K |
| Vinmonopolet As Butikk Notodden | alcohol store | Storgata 13, 3674 Notodden | NOK 56.0M | 7 | NOK -753.0K |
Conclusion
Overall assessment:
- The gourmet food store industry in Notodden is marked by instability, bankruptcy, and lack of business activity.
- The service sector in the municipality shows a more stable development with more companies and higher sales.
- Entrepreneurs should consider focusing on niche markets or innovative models to create value in the industry.
Recommendation: SmartGrunder can help entrepreneurs find strategic addresses in Notodden for this industry, but it is important to be realistic about the challenges in the industry.