Industry · municipality
The Health Food Store Industry in Time: Current Status and Future Outlook
A Detailed Analysis of Companies, Economic Data, and Development Trends
Key Points and Overview
Key Points
- Single Company: Only one company, Life Bryne, is registered in the health food store industry in Time.
- Fluctuation in sales and employees: Sales and number of employees have been unstable over time, with an increase in 2024, but a decline in 2025.
- High gross profit: High gross profit (7449%) indicates market potential, but low operating profit (6%) suggests cost management challenges.
- Stable legal form: All companies are AS entities, which may indicate a certain level of stability in organizational structure.
- No bankruptcies: No companies in the industry have gone bankrupt, which is a positive indicator of industry stability.
Economic Data and Development
Economic Data
| Year | Sales (NOK) | Number of Employees |
|---|---|---|
| 2016 | 0 | 15 |
| 2017 | 0 | 1 |
| 2018 | 0 | 0 |
| 2019 | 0 | 0 |
| 2020 | 4.1M | 1 |
| 2021 | 3.6M | 2 |
| 2022 | 2.9M | 2 |
| 2023 | 3.0M | 3 |
| 2024 | 4.6M | 4 |
| 2025 | 2.3M | 1 |
| 2026 | 0 | 6 |
Sales Development: Sales increased from 2020 to 2024 (+53.6%), but fell sharply in 2025 (-50.5%). Employee Development: The number of employees increased from 2020 to 2024 (+33.3%), but fell in 2025 (-75.0%) before a sharp increase in 2026 (+500.0%).
Companies in the Health Food Store Industry
Companies in the Industry
| Company | Address | Legal Form | Incorporation Date | Number of Employees | Bankruptcies |
|---|---|---|---|---|---|
| Life Bryne | Jupitervegen 2, Bryne | AS | 1985-03-19 | 7 | No bankruptcy |
Details about Life Bryne:
- Sales: 2.5M NOK
- Equity: 325.2K NOK
- Debt: 402.8K NOK
- EBITDA: 202.1K NOK
- Gross Profit: 186.7M NOK
- Operating Profit: 165.0K NOK
Business Geography in the Municipality
Business Geography
| Location | Number of Companies | Number of Employees | Sales (NOK) |
|---|---|---|---|
| Bryne | 1 | 7 | 2.5M |
Bryne is the only location in the municipality with activity in the health food store industry. One company is registered there, with 7 employees and sales of 2.5M NOK.
Business Dynamics and Stability
Business Dynamics
- No bankruptcies: No companies in the health food store industry have gone bankrupt, which indicates a certain level of stability in the industry.
- Fluctuation in sales and employees: Sales and number of employees have been unstable over time, with an increase in 2024, but a decline in 2025.
- Bankruptcies in adjacent industries: In the services sector (parent category), bankruptcies have been registered for some companies, which may be a warning for new entrants.
- High gross profit: High gross profit (7449%) indicates market potential, but low operating profit (6%) suggests cost management challenges.
Future Outlook for Entrepreneurs
- Market Key: The health food store industry has potential in Time, especially with high gross profit (7449%) and no bankruptcies in the industry.
- Development Trends: Sales increased from 2020 to 2024 (+53.6%), but fell sharply in 2025 (-50.5%). This may indicate vulnerability to market fluctuations.
- Competitiveness: With only one company in the industry, it may be possible to establish oneself, but it is important to be aware of competition from adjacent industries such as supermarkets and other retail.
- Stable legal form: All companies are AS entities, which may indicate a certain level of stability in organizational structure.
- Advice for entrepreneurs: Entrepreneurs should consider establishing themselves in Bryne, where one company is registered with 7 employees and sales of 2.5M NOK. It is also important to be aware of the economic challenges, such as low operating profit (6%).
Parent Category: Services
- Number of companies: 44 companies in the services sector in Time, compared to 1 company in the health food store industry.
- Sales: The services sector had an increase in sales from 2020 to 2024 (+5.4%), but fell in 2025 (-16.8%).
- Number of employees: The number of employees increased from 2020 to 2021 (+9.7%), but fell in 2025 (-0.5%).
- Peer companies: Examples of companies in the services sector include supermarkets, other non-specialized stores, and supermarket chains. These companies have higher sales and number of employees compared to the health food store industry.
- Competitiveness: The services sector has a higher level of competitiveness compared to the health food store industry, which may be a challenge for new entrants in the health food store industry.
Other companies in tjenester (not in health foods store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Obs Bryne Avd 150 | supermarket | Jupitervegen 2, 4340 Bryne | NOK 289.4M | 89 | NOK 15.2M |
| Europris Bryne 345 | other non-specialised store | Reevegen 13, 4340 Bryne | NOK 36.2M | 20 | NOK 3.9M |
| Ng Kiwi Rogaland As Avd 647 Bryne Torg | supermarket chain | Jernbanegata 13, 4340 Bryne | NOK 69.9M | 17 | NOK 3.8M |
| Extra Bryne Avd 133 | supermarket | Morenefaret 1, 4340 Bryne | NOK 70.4M | 23 | NOK 3.7M |
| Spar Bryne | supermarket | Arne Garborgs veg 15-17, 4344 Bryne | NOK 105.4M | 41 | NOK 3.5M |
| Extra Lye Avd 142 | supermarket | Prestegardsmarka 2, 4347 Lye | NOK 62.6M | 18 | NOK 3.3M |
| Ng Kiwi Rogaland As Avd 617 Rosseland | supermarket chain | Kong Haakons veg 1, 4345 Bryne | NOK 58.8M | 20 | NOK 3.2M |
| Ng Kiwi Rogaland As Avd 693 Kvernaland | supermarket chain | Theodor Dahls veg 2, 4355 Kvernaland | NOK 55.2M | 14 | NOK 3.0M |
| Extra Kvernaland Avd 160 | supermarket chain | Leirfenvegen 2, 4355 Kvernaland | NOK 54.7M | 21 | NOK 2.9M |
| Undheim Handelslag Sa Avd Detaljhandel | supermarket | Kjelvevegen 1, 4342 Undheim | NOK 100.5M | 17 | NOK 1.7M |
| Normal Norge As Avd No1105 Bryne M44 | discount store | Jupitervegen 2, 4340 Bryne | NOK 14.4M | 11 | NOK 1.6M |
| Håvard Bore As | supermarket chain | REMA 1000 Bryne|Reevegen 13, 4340 | NOK 75.5M | 18 | NOK 1.3M |
| Granberg Butikkdrift As | supermarket chain | Hognestadvegen 90, 4344 Bryne | NOK 89.2M | 28 | NOK 1.2M |
| Designbutikken As | other non-specialised store | (M44)|Jupitervegen 2, 4340 Bryne | NOK 5.2M | 7 | NOK 137.0K |
| Vaaland Spesialbutikken As | beverages store | Hetlandsgata 32, 4344 Bryne | NOK 15.6M | 9 | NOK 78.0K |
| Brustadbua Bryne As | supermarket | Reevegen 13, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Brustadbua Bryne As Konkursbo | supermarket | Reevegen 13, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Butikkdrift Atle Kloster | kiosk chain | Nedremarka 1, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Butikkdrift Icunnoamlac Tesemma | kiosk chain | Jernbanegata 8, 4340 Bryne | NOK 0 | 7 | NOK 0 |
| Eko Market As Avd Bryne | supermarket | Storgata 20, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Elisabeth Fosse | discount store | Undheimsvegen 57, 4342 | NOK 0 | 0 | NOK 0 |
| Extra Bryne Stadion Avd 169 | supermarket | Trallfavegen 3, 4344 Bryne | NOK 0 | 6 | NOK 0 |
| Green Coffee Norge, Gabrielsen | food/beverages/tobacco stores | Steinaldervegen 32, 4345 Bryne | NOK 0 | 0 | NOK 0 |
| Health & Lifestyle Quality V/åke Bø | other non-specialised store | Morenefaret 78B, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Herikstad Jerseymeieriet As | food/beverages/tobacco stores | Herigstadvegen 110, 4346 Bryne | NOK 0 | 24 | NOK 0 |
| Internasjonal Mat Bryne As | supermarket | Reevegen 13, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Jæren Kaffi Glede As | food/beverages/tobacco stores | Knappholen 24, 4345 Bryne | NOK 0 | 0 | NOK 0 |
| Jæren Kaffi Glede As | gourmet food store | Knappholen 24, 4345 Bryne | NOK 0 | 0 | NOK 0 |
| Kari Hana | supermarket | Theodor Dahls veg 4B, 4355 Kvernaland | NOK 0 | 0 | NOK 0 |
| Lekre Sneller Og Stive Stenger Ans | other non-specialised store | Marikåpevegen 1, 4347 Lye | NOK 0 | 0 | NOK 0 |
| Malmin Og Orre Da | meat store | Torget 1, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Nordify As | other non-specialised store | Kong Haakons veg 45, 4345 Bryne | NOK 0 | 0 | NOK 0 |
| Norunn Haavardsholm Lende | other non-specialised store | Lende, 4347 Lye | NOK 0 | 0 | NOK 0 |
| Schiek Europa Da | other non-specialised store | Storgata 3, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Sentervollen Velvære Jan Herigstad | supermarket | Sentervollen 11, 4347 Lye | NOK 0 | 0 | NOK 0 |
| Sonja Herikstad Skårland | food/beverages/tobacco stores | Herigstadvegen 110, 4346 Bryne | NOK 0 | 4 | NOK 0 |
| Tongkor As | supermarket chain | c/o Monrudee Tongkor|Tytebærholen 7B, 4345 Bryne | NOK 0 | 0 | NOK 0 |
| Tongkor Dagligvare | supermarket chain | Tytebærholen 7B, 4345 Bryne | NOK 0 | 0 | NOK 0 |
| Vendgers As | kiosk chain | Langholvegen 24, 4345 Bryne | NOK 0 | 0 | NOK 0 |
| Tor Jan Granberg As | supermarket | Hognestadvegen 90, 4344 Bryne | NOK 0 | 0 | NOK -73.0K |
Conclusion and Future Opportunities
Conclusion
The health food store industry in Time has potential, but it is important to be aware of the economic challenges, such as low operating profit (6%) and fluctuations in sales and number of employees. With only one company in the industry, it may be possible to establish oneself, but it is important to be aware of the competition from adjacent industries such as supermarkets and other retail. Entrepreneurs should consider establishing themselves in Bryne, where one company is registered with 7 employees and sales of 2.5M NOK. It is also important to be aware of the economic challenges, such as low operating profit (6%).
SmartGrunder can help entrepreneurs find suitable addresses in Time for the health food store industry, based on the market key and development trends in the municipality.