Industry · municipality
Health Food Store in Vestby: An Analysis of Companies, Statistics, and Outlooks
A detailed overview of the health food store industry in Vestby, focusing on businesses, economics, and market outlooks for entrepreneurs and local decision-makers.
Top of the Industry
The health food store sector in Vestby is a small but dynamic industry with a single company: Sunkost Butikk As. This company has shown significant growth in sales and operating profit over the past few years, despite unstable employment numbers. The industry has a unique position in Vestby, with a combination of high margins and some challenges related to operational economics and employees. SmartGrunder can help entrepreneurs find suitable locations in Vestby for this industry, based on data and market outlooks.
Economic Overview
Sales and employees in the health food store industry in Vestby:
- Sales: From NOK 0 in 2016 to NOK 6.7 million in 2025, with a growth of +65.8% from 2023 to 2024. The most significant increase occurred in 2019 (+1863.6%) after starting at NOK 154,900 in 2018.
- Employees: The number of employees has varied between 5 and 8 over the years, with an increase from 5 in 2019 to 8 in 2022, followed by a decline in 2023.
This shows that the company has experienced strong sales growth, but with less stable development in the number of employees. The operating profit has been positive, with an EBITDA of NOK 475,000 in 2024 and an EBITDA margin of 4%.
Companies in the Industry
There is 1 company in the health food store industry in Vestby:
- Sunkost Butikk As (Sunkost Vestby Storsenter)
- Address: Senterveien 6, Vestby
- Legal form: AS
- Incorporation year: 2018
- Number of employees: 6
- Sales: NOK 10.1 million in 2024
- Operating profit: NOK 371,300 in 2024
- EBITDA: NOK 475,000 in 2024
- Debt: NOK 1.3 million
- Equity: NOK 1.6 million
The company has a high debt-to-equity ratio (NOK 1.3M debt compared to NOK 1.6M equity), but shows stable operational economics with positive EBITDA and high margins.
Legal form: 100% AS in the industry.
Business Geography
Advantages of businesses in Vestby:
- Vestby: 1 company, 6 employees, NOK 10.1M sales, NOK 475,000 EBITDA, NOK 1.6M equity, NOK 1.3M debt.
All businesses in the industry are located in Vestby, with a focus on Vestby Storsenter (Senterveien 6). This shows that the industry has a clear concentration in a single district, which can be an advantage for collaboration and marketing, but also a risk in case of local disruptions.
Business Dynamics
Bankruptcies and operational economics:
- Bankruptcies: No registered bankruptcies in the industry in Vestby over the past few years.
- Operational economics: Sunkost Butikk As has shown stable operational economics with positive EBITDA (NOK 475,000 in 2024) and high margins (1492% gross margin, 3% operating margin).
This indicates that the industry in Vestby is relatively stable, with a company that has managed to handle both economic challenges and growth. However, there is no reserve capacity in the form of additional companies, which could be a challenge in case of major market changes.
Outlook for Entrepreneurs
Outlook for the health food store industry in Vestby:
- Growth potential: Sales have grown from NOK 0 in 2016 to NOK 6.7M in 2025, with strong growth in 2019 (+1863.6%). This shows that there is potential for further growth, especially if it succeeds in expanding market share or offering new products.
- Operational economics: High margins (1492% gross margin) and positive EBITDA (NOK 475,000 in 2024) indicate that the industry can be profitable for entrepreneurs with the right strategy.
- Outlook for employees: The number of employees has been unstable, with a maximum of 8 in 2022 and down to 5 in 2023. This can be a challenge for entrepreneurs looking to build a stable team.
SmartGrunder can help entrepreneurs find suitable locations in Vestby for this industry, based on data and market outlooks.
Outlook for the Services Sector
Contrast between health food stores and the services sector in Vestby:
- Services sector has 51 companies in Vestby, compared to 1 company in the health food store industry. This shows that the services sector is much larger and more diversified.
- Sales: The services sector had NOK 940.6M in sales in 2024, compared to NOK 6.7M for the health food store industry. This shows that the services sector is much larger, but the health food store industry has higher margins.
- Employees: The services sector had 309 employees in 2024, compared to 6 employees in the health food store industry. This shows that the services sector is more labor-intensive, while the health food store industry has higher productivity per employee.
Peer companies in the services sector:
| Name | Address | EBITDA | Sales | Number of employees |
|---|---|---|---|---|
| Brygga Mat As | Havnegata 4, 1555 Son | NOK 5.6M | NOK 84.7M | 38 |
| Sletta Drift As | Sletta Næringspark, 1555 Son | NOK 5.5M | NOK 82.3M | 28 |
| Holdbart As Avd Vestby | Høgdaveien 1, 1543 Vestby | NOK 5.2M | NOK 91.9M | 41 |
| Ng Kiwi Øst As Avd 599 Vestby | Vestbyveien 31, 1543 | NOK 4.6M | NOK 101.8M | 21 |
| Coop Øst Sa Avd 1012 Extra Vestby | Garderveien 16, 1540 Vestby | NOK 2.6M | NOK 65.6M | 18 |
These companies show that the services sector in Vestby has a wide range of businesses with high EBITDA and sales, but also a higher number of employees compared to the health food store industry.
Other companies in tjenester (not in health foods store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Brygga Mat As | supermarket chain | Havnegata 4, 1555 Son | NOK 84.7M | 38 | NOK 5.6M |
| Sletta Drift As | supermarket chain | Sletta Næringspark, 1555 Son | NOK 82.3M | 28 | NOK 5.5M |
| Holdbart As Avd Vestby | supermarket chain | Høgdaveien 1, 1543 Vestby | NOK 91.9M | 41 | NOK 5.2M |
| Ng Kiwi Øst As Avd 599 Vestby | supermarket chain | Vestbyveien 31, 1543 | NOK 101.8M | 21 | NOK 4.6M |
| Coop Øst Sa Avd 1012 Extra Vestby | supermarket chain | Garderveien 15, 1540 Vestby | NOK 65.6M | 18 | NOK 2.6M |
| Sletta Drift Eiendom As | supermarket | Hollandveien 16, 1555 Son | NOK 0 | 0 | NOK 2.4M |
| Abdul Khalil Nori | gourmet food store | Støttumveien 19A, 1543 Vestby | NOK 13.5M | 5 | NOK 2.3M |
| Son Næring As | supermarket | Kollen Næringspark|Gamle Hobølvei 11, 1550 Hølen | NOK 0 | 0 | NOK 2.2M |
| Normal Norge As Avd No1120 Vestby Vestby Storsenter | discount store | Senterveien 6, 1543 Vestby | NOK 14.4M | 9 | NOK 1.6M |
| Zinzino As | food/beverages/tobacco stores | c/o Faun Pharma AS|Støttumveien 9A, 1543 Vestby | NOK 107.1M | 1 | NOK 1.5M |
| Rehabpartner As | other non-specialised store | Verpetveien 56, 1543 Vestby | NOK 4.9M | 5 | NOK 999.0K |
| Tom Remi Hansen Stenqvist As | supermarket | Gartnerveien 3, 1555 Son | NOK 87.8M | 23 | NOK 858.0K |
| Coop Øst Sa Avd 2861 Extra Vestby Senter | supermarket chain | Senterveien 6, 1543 Vestby | NOK 18.7M | 17 | NOK 744.9K |
| Kiosk & Spill As | kiosk chain | Sagaveien 8, 1555 Son | NOK 6.1M | 19 | NOK 349.0K |
| Loccitane Norge As Avd Vestby | discount store | Vestbyveien 155, 1543 | NOK 5.6M | 1 | NOK 329.8K |
| Nykan As | fish store | Storgata 23, 1555 Son | NOK 20.7M | 12 | NOK 247.0K |
| Bli God As | food/beverages/tobacco stores | Seljebuveien 9, 1555 Son | NOK 3.6M | 1 | NOK 217.0K |
| Baku As | supermarket chain | Mølleveien 3, 1540 Vestby | NOK 0 | 0 | NOK 9.0K |
| African Bazar Mary Oghogho Sokol | supermarket chain | Høgdaveien 17, 1543 Vestby | NOK 0 | 0 | NOK 0 |
| Campbells Pureblyss | food/beverages/tobacco stores | Tors vei 42, 1540 Vestby | NOK 0 | 0 | NOK 0 |
| Daniel Fosso Enk | food/beverages/tobacco stores | Galbyveien 165, 1542 Vestby | NOK 0 | 0 | NOK 0 |
| Daniel Thømt Drift As | supermarket | Moderens vei 4, 1542 Vestby | NOK 0 | 13 | NOK 0 |
| Dents Ørjasæter | discount store | Bergstien 5, 1555 Son | NOK 0 | 0 | NOK 0 |
| Elin Merethe Myhrhaug | supermarket | Senterveien 6, 1543 Vestby | NOK 0 | 4 | NOK 0 |
| Feel It Pink Care By Elisabeth Vegel | discount store | c/o Elisabeth Vegel|Feierbakken 9B, 1555 Son | NOK 0 | 0 | NOK 0 |
| Fokus Vestby Ans Rummelhoff & Laabak | supermarket chain | Sentrumsv 15, 1540 Vestby | NOK 0 | 0 | NOK 0 |
| Gudmundsdottir | supermarket | Anna Cathrines vei 1, 1542 Vestby | NOK 0 | 0 | NOK 0 |
| Hassan Sgarena | food/beverages/tobacco stores | Idrettsveien 36B, 1540 Vestby | NOK 0 | 0 | NOK 0 |
| I Nuet Da | discount store | c/o Mia Levén-Jensen|Krusebyveien 55, 1542 Vestby | NOK 0 | 0 | NOK 0 |
| Kheio Group | supermarket | Nummestadveien 6, 1544 Vestby | NOK 0 | 0 | NOK 0 |
| Krokstrand Badeplass Jens Hillbom | supermarket | Rødsveien 122, 1542 Vestby | NOK 0 | 0 | NOK 0 |
| Nille Son | other non-specialised store | Havnegata 2, 1555 Son | NOK 0 | 7 | NOK 0 |
| Sentire Holding As | other non-specialised store | Tømmersvendens vei 14, 1542 Vestby | NOK 0 | 0 | NOK 0 |
| Stasjon Kiosk Xuan Thi Nguyen | supermarket | Vestby stasjon, 1540 | NOK 0 | 0 | NOK 0 |
| Storybox As | other non-specialised store | Åsveien 3A, 1543 Vestby | NOK 0 | 0 | NOK 0 |
| Unni Pedersen | food/beverages/tobacco stores | Kullebunnveien 2, 1555 Son | NOK 0 | 0 | NOK 0 |
| Vestby Dagligvare Mohamad Ali | supermarket chain | Mølleveien 3, 1540 Vestby | NOK 0 | 0 | NOK 0 |
| Vestby Dagligvarer As | supermarket chain | Mølleveien 3, 1540 Vestby | NOK 0 | 0 | NOK 0 |
| Vestby Kolonial As | supermarket chain | Rådhusparken 24, 1540 Vestby | NOK 0 | 22 | NOK 0 |
| Wampee Ans | supermarket chain | Sentrumsveien 45, 1540 Vestby | NOK 0 | 0 | NOK 0 |
Conclusion
The health food store industry in Vestby is a small but dynamic sector with a single company: Sunkost Butikk As. This company has shown significant growth in sales and operating profit over the past few years, despite unstable employment numbers. The industry has a unique position in Vestby, with a combination of high margins and some challenges related to operational economics and employees. SmartGrunder can help entrepreneurs find suitable locations in Vestby for this industry, based on data and market outlooks.