Health Foods Store in Larvik: An Analysis of Companies, Statistics, and Outlooks

Other Observations

Larvik has one registered business within the health foods store industry: Life Nordbyen at Yttersøveien 2. This is an AS with 6 employees, and the company is not registered in bankruptcy. The industry has a very small presence in the municipality, but there is a gradual increase in the number of employees over time, even though sales data is incomplete.

Parent industry (services) has a much larger presence in Larvik, with 100 businesses and an increasing trend in the number of employees (from 929 in 2016 to 991 in 2026). This shows that services generally have a stable and growing sector in the municipality, even though the health foods store industry is a small part of this.

Sales data for health foods store in Larvik is zero for all years from 2016 to 2026, which may indicate missing reporting or a small business. Number of employees has however shown variations, with an increase from 2 to 6 employees over the period. The most significant increase was recorded from 2022 to 2023 (+66.7%), followed by a decline in 2024 and a gradual increase again in 2026.

This shows that the industry has a dynamic, but uncertain labor market situation, with potential challenges in connection with economic stability and sales operations.

There is one registered business in Larvik within the health foods store:

The company is an AS with 6 employees and is not registered in bankruptcy. There are no other companies in the industry in the municipality, which shows a very small market share for this sector in Larvik.

Health foods store industry is currently only present in the Larvik area, with one business registered in the municipality. There is no data on distribution by sub-areas or neighborhoods in Larvik, which may indicate a lack of business spread in the municipality. This may be a potential development area for future companies in the industry.

Bankruptcy statistics for the industry show that no bankruptcies have been registered in Larvik for health foods store businesses. This indicates a relatively stable operation for the one business in the industry. However, there is a lack of sales data, which may be a challenge for future investors or entrepreneurs.

Number of employees has shown variations over time, with an increase from 2 to 6 employees, but without a clear trend. This may indicate an uncertain operational economy or a small business that does not have a stable income generation.

For entrepreneurs considering starting a health foods store business in Larvik, it is important to be aware of the following:

• Limited competition: There is only one business in the industry in the municipality, which may provide opportunities for market share.
• Stable labor market: The number of employees has shown a gradual increase over time, even though there are variations.
• Missing sales data: There are no reported sales for the industry, which may be a challenge for economic planning.

SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to ensure economic stability in an industry with limited data.

Services industry in Larvik has shown stable growth in the number of employees (from 929 in 2016 to 991 in 2026) and an increase in sales (from NOK 1486.4 million in 2016 to NOK 2153.7 million in 2024). This shows that services generally have a strong economic development in the municipality.

Peer companies in the services industry include large supermarket chains such as Ng Kiwi, Blinken Mathus, and Cos Dagligvare, with high sales (up to NOK 296.3 million) and EBITDA (up to NOK 15 million). This shows that the services sector has a much higher economic activity than the health foods store industry, which is a small part of this.

The health foods store industry however has potential to develop in a services sector with growing sales and employees, even though there are challenges in connection with missing sales data and a small market share.

Health foods store industry in Larvik has a very small presence, with one business and no reported sales. However, the number of employees shows a gradual increase over time, which may indicate potential opportunities for future companies in the industry. This is part of a larger services industry with stable growth and high sales, which may provide opportunities for development.

For entrepreneurs, it is important to be aware of the challenges in connection with missing sales data and a small market share, but there are also opportunities in a services sector with growing sales and employees. SmartGrunder can help with finding suitable addresses and developing strategies to ensure economic stability in an industry with limited data.