Health and Wellness Retail in Rana

The health and wellness retail sector in Rana is a small but dynamic sector with one registered company, Life Amfi Mo I Rana, operating in Mo I Rana. Although the sector has experienced significant variations in sales and number of employees over time, data from 2025 shows a marked increase in both sales and number of employees. This may indicate an upswing trend that could be of interest to entrepreneurs considering establishing themselves in this sector. At the same time, the comparison with the broader service sector shows that health and wellness retail stores have a unique position with higher margins, even though they have fewer companies.

During the period 2016–2026, sales in health and wellness retail stores in Rana have shown significant variations. Sales figures had a sharp decline in 2020 (NOK 10.2 million), but then increased by 496% in 2025 to NOK 6.9 million. The number of employees has also been unstable, with a minimum of 0 employees in 2024 and an increase to 7 employees in 2026. The only registered company, Life Amfi, had sales optimization of NOK 7.5 million and 8 employees in 2025, with an EBITDA margin of 8% and an operating margin of 6%. This shows that the company has a relatively stable financial position, even though the sector as a whole has been marked by fluctuations.

There is one company registered in the health and wellness retail sector in Rana: Life Amfi Mo I Rana, registered at Ole Tobias Olsensgate 22 in Mo I Rana. The company is organized as an AS and was founded in 1995. According to data from 2025, the company had sales optimization of NOK 7.5 million, 8 employees, and an EBITDA of NOK 606,400. The company has not been bankrupt, and there are no indications of financial problems. The organizational form AS is the only one registered in the sector, which suggests that it is a standard structure for companies in this industry in Rana.

All activities in the health and wellness retail sector in Rana are concentrated in Mo I Rana. Here, one company, Life Amfi Mo I Rana, is registered and operates in the area. No activities are registered in other districts or municipalities in Rana. This shows that the sector is strongly regionalized, and that Mo I Rana is the only center for health and wellness retail stores in the municipality. This can be an advantage for entrepreneurs seeking to establish themselves in a locality with existing infrastructure and customer bases.

The health and wellness retail sector in Rana has been marked by significant variations in both sales and number of employees over time. No bankruptcies have been registered in the sector, which suggests that the only company, Life Amfi, has been able to survive market fluctuations. The most dramatic change was recorded in 2024, when the number of employees decreased from 2 to 0, followed by an upswing trend in 2025. This may indicate an adjustment in operational strategy or an improvement in market expectations. No new companies have been registered in the sector, which shows that it is a small but stable sector.

Outlook for Entrepreneurs

The outlook for entrepreneurs considering establishing themselves in the health and wellness retail sector in Rana appears both challenging and promising. The only registered company, Life Amfi, has shown a strong upswing trend in 2025, which may indicate increasing demand for health and wellness products in the region. At the same time, data shows that the sector has been marked by fluctuations, which can be a challenge for new players. Entrepreneurs should consider carefully analyzing the market and utilizing existing infrastructure in Mo I Rana, which is the only center for health and wellness retail stores in the municipality. SmartGrunder can help find suitable locations and assess the market's potential.

The broader service sector in Rana has a much larger scope than the health and wellness retail sector, with a total of 45 companies. Sales figures for the service sector have been more stable over time, with a decline of 9.8% in 2025 compared to 2024. The number of employees has also been more stable, with a decline of 2.9% in 2025. Compared to the health and wellness retail sector, which has a single company with higher margins (8% EBITDA), the service sector has a broader variation in company structures and sales figures. This shows that the health and wellness retail sector has a unique position with higher margins, even though it has fewer companies. Entrepreneurs should consider how the health and wellness retail sector can be integrated into the broader service sector in Rana.

The health and wellness retail sector in Rana is a small but dynamic sector with one registered company, Life Amfi Mo I Rana, operating in Mo I Rana. Although the sector has experienced significant variations in sales and number of employees over time, data from 2025 shows a marked increase in both sales and number of employees. This may indicate an upswing trend that could be of interest to entrepreneurs considering establishing themselves in this sector. At the same time, the comparison with the broader service sector shows that health and wellness retail stores have a unique position with higher margins, even though they have fewer companies. Entrepreneurs should consider carefully analyzing the market and utilizing existing infrastructure in Mo I Rana, which is the only center for health and wellness retail stores in the municipality. SmartGrunder can help find suitable locations and assess the market's potential.