The Gourmet Food Store Industry in Vestby: A Detailed Analysis

Overview of the gourmet food store industry in Vestby

Vestby holds a unique position within the gourmet food store industry, with one registered company in 2026: Abdul Khalil Nori at Støttumveien 19A. This single company has demonstrated strong economic results, with revenue of NOK 13.5 million and an EBITDA margin of 16%. The industry has experienced a significant increase in the number of employees (from 3 to 5 people) and revenue growth of 74% between 2025–2026, despite a temporary decline in 2020. This indicates a stable, yet not without challenges, development.

Economic trends for gourmet food stores

Revenue and employees:

• Revenue in 2026: NOK 13.5 million (increase from NOK 7.3 million in 2025)
• Number of employees in 2026: 5 (increase from 3 in 2025)
• Year-over-year revenue growth (2025–2026): +74%
• Year-over-year employee growth (2025–2026): +66.7%

Key financial metrics:

• EBITDA: NOK 2.3 million (16% of revenue)
• Gross margin: 54%
• Operating margin: 13%
• Total equity: NOK 5.9 million
• Total debt: NOK 4.7 million

Special trends:

• A significant revenue decline in 2020 (from NOK 342,900 in 2019 to NOK 0), which was later offset by growth in 2025–2026.

Companies in the industry

Registered companies in Vestby (2026):

Legal form statistics:

• AS (Limited company): 1 company, 5 employees, NOK 13.5 million revenue, NOK 2.3 million EBITDA.

Note: There is only one company in the industry, and it is registered as an AS. There are no companies in other legal forms (e.g., sole proprietorships or limited partnerships).

Business geography

Activity distributed across locations in Vestby (2026):

Note: The single company's activity is concentrated in Vestby's city center, particularly at Støttumveien 19A. No activity is registered in other city districts or municipalities. This indicates a concentration of gourmet food store activity in Vestby's city center.

Business dynamics and bankruptcy statistics

Bankruptcy statistics:

• No bankruptcy registrations for gourmet food store companies in Vestby between 2016–2026.

Industry dynamics:

• Stable number of companies: 1 company consistently from 2016 to 2026.
• Greater growth in employees and revenue after 2020: After a temporary decline in 2020, the industry has shown strong growth trends from 2025 onward.
• High EBITDA margin (16%): This indicates good cost control and profitability for the single company.

Note: Although the industry has been stable, it is important to monitor the revenue figures from 2020, which experienced a significant decline. This may indicate vulnerability to external factors such as the pandemic.

Outlook for entrepreneurs in the gourmet food store industry

Positive trends:

• Strong revenue and employee growth (2025–2026): This indicates that the industry has good potential for further development.
• High EBITDA margin (16%): This is a strong argument that the industry can be profitable for new entrepreneurs.
• Concentration of activity in Vestby's city center: This can be advantageous for new companies wishing to position themselves in an already established market.

Development challenges:

• Temporary decline in 2020: This may indicate vulnerability to external disruptions, such as the pandemic.
• Single company structure: With only one company in the industry, it may be challenging to create a competitive market situation.

Recommendations for entrepreneurs:

• Focus on cost control and quality to maintain the high EBITDA margin.
• Consider locating in Vestby's city center to leverage existing customer bases and infrastructure.
• Analyze the 2020 decline to avoid similar challenges in the future.

Outlook for the services sector in Vestby

Comparison between the gourmet food store industry and the services sector:

• Services sector (parent_category): Has 51 companies in Vestby, compared to 1 company in the gourmet food store industry. This shows that the services sector is much more developed and diversified.
• Services sector revenue (2025): NOK 793.4 million, compared to NOK 13.5 million in gourmet food stores.
• Number of employees in the services sector (2026): 342, compared to 5 employees in gourmet food stores.

Peer companies in the services sector (not in the gourmet food store industry):

Note: The services sector has significantly higher revenue and more companies, but the gourmet food store industry has a higher EBITDA margin (16% vs. 5.6–5.5% for supermarket chains). This can give the gourmet food store industry a competitive advantage in Vestby.

Conclusion

The gourmet food store industry in Vestby shows stable and positive trends with a high EBITDA margin and growth in both revenue and employees. The single company in the industry, Abdul Khalil Nori, has demonstrated good economic performance, despite a temporary decline in 2020. This indicates that the industry has potential for further development, especially in Vestby's city center. Entrepreneurs should consider positioning themselves in this market segment, with a focus on quality, cost control, and customer satisfaction. At the same time, they should be aware of external disruptions that can affect revenue figures, as seen in 2020. SmartGrunder can help entrepreneurs find suitable locations in Vestby for this industry.