Industry · municipality
The Hunter Shop Industry in Kongsvinger: An Analysis of Companies, Statistics, and Outlooks
Economic Overview, Industry Dynamics, and Opportunities for Entrepreneurs in Kongsvinger Municipality
Executive Summary
The hunter shop industry in Kongsvinger is a small but stable sector with one registered company: Kongsvinger Sport & Fritid As. The industry shows a slightly increasing sales development over the past years, with a peak in 2025 at NOK 8.9 million. Employment development has been more variable, with a peak of 5 employees in 2019 and a decline to 3 employees in 2026. The industry has no registered bankruptcies, indicating good economic stability. Outlooks for new players appear moderate, with a focus on leveraging the existing market situation and local conditions.
Economic Overview
Sales Development:
- 2016: NOK 5.2 million
- 2025: NOK 8.9 million (increase of +71.2 %)
Annual Sales Growth:
- Average growth of +5.4 % over the period 2016–2025.
- Largest increase: +22.0 % from 2018 to 2019.
- Largest decline: -7.3 % from 2017 to 2018.
Employment Development:
- 2016: 3 employees
- 2019: 5 employees (peak)
- 2026: 3 employees (decline of -40.0 % from 2019)
Key Economic Indicators (2025):
- EBITDA margin: 2 %
- Gross margin: 25 %
- Sales growth: +4.2 % from 2024 to 2025.
Companies in the Industry
Registered Companies (2025):
| Company | Legal Form | Incorporation Year | Number of Employees | Sales (2025) | EBITDA (2025) |
|---|---|---|---|---|---|
| Kongsvinger Sport & Fritid As | AS | 2002 | 3 | NOK 8.9M | NOK 221.0K |
Legal Form Statistics:
- AS: 1 company, 3 employees, NOK 8.9M in sales, NOK 221.0K in EBITDA.
- No other legal forms are registered in the industry.
Business Geography
Activity Distributed Across Districts in Kongsvinger (2025):
| District | Number of Companies | Number of Employees | Sales (2025) |
|---|---|---|---|
| Kongsvinger | 1 | 3 | NOK 8.9M |
Important Addresses:
- Kongsvinger Sport & Fritid As: Bankparken 1, Kongsvinger.
Conclusion:
All activities in the industry are concentrated in the central area of Kongsvinger. This indicates that market conditions and infrastructure in the city center are important for the industry.
Business Dynamics
Bankruptcy Statistics:
- No registered bankruptcies in the industry in Kongsvinger over the period 2016–2025.
Employment Fluctuations:
- Largest increase: +33.3 % from 2017 to 2018.
- Largest decline: -25.0 % from 2025 to 2026.
Sales Fluctuations:
- Largest decline: -5.2 % from 2021 to 2022.
- Largest increase: +22.0 % from 2018 to 2019.
Conclusion:
The industry has proven to be relatively stable, with no bankruptcies and general sales growth over time. Fluctuations in employment and sales indicate vulnerability to external factors such as economic cycles and competitive pressure.
Outlook
Outlook for Entrepreneurs
Positive Aspects:
- Stable market with no bankruptcies over the past 10 years.
- Increasing sales (NOK 8.9M in 2025) and good economic margin (EBITDA 2 %).
- Existing company (Kongsvinger Sport & Fritid As) has good economic stability.
Development Challenges:
- Employment decline of -40.0 % from 2019 to 2026.
- Economic growth has been weak in some periods (e.g., -5.2 % from 2021 to 2022).
Recommendation:
For new players, it may be profitable to focus on leveraging the existing market situation and local conditions. It may be necessary to analyze the causes of the employment decline and ensure that new companies have sufficient capacity to handle fluctuations in sales and operating results.
Outlook for the Business Supplier Sector
Comparison with the Business Supplier Sector:
- Number of companies: 4 in the business supplier sector vs. 1 in the hunter shop industry.
- Sales (2025): NOK 26.1M in the business supplier sector vs. NOK 8.9M in the hunter shop industry.
- Employees (2025): 26 in the business supplier sector vs. 3 in the hunter shop industry.
Peer Companies in the Business Supplier Sector (not in the hunter shop industry):
| Company | Industry | Sales (2025) | EBITDA (2025) | Number of Employees |
|---|---|---|---|---|
| Friskus Sport As | Sports Equipment Store | NOK 9.1M | NOK -48.0K | 18 |
| Xxl Sport & Villmark As Avd Langåsen | Sports Equipment Store | NOK 3.6M | NOK -905.8K | 3 |
| Nye Sporten As | Sports Equipment Store | NOK 8.4M | NOK -1.3M | 5 |
Conclusion:
The business supplier sector has a much larger scale and economic activity than the hunter shop industry. This indicates that there may be opportunities to expand into more closely related industry segments (e.g., sports equipment stores) to increase market share and economic stability.
Other companies in forretningsleverandør (not in hunter shop)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Friskus Sport As | sport equipment store | Storgata 40, 2212 Kongsvinger | NOK 9.1M | 18 | NOK -48.0K |
| Xxl Sport & Villmark As Avd Langåsen | sport equipment store | Langåsen, 2218 Lundersæter | NOK 3.6M | 3 | NOK -905.8K |
| Nye Sporten As | sport equipment store | Brugata 15, 2212 Kongsvinger | NOK 8.4M | 5 | NOK -1.3M |
Conclusion
The hunter shop industry in Kongsvinger is a small but stable sector with one company that has shown good economic development over time. Sales have increased by +71.2 % from 2016 to 2025, and there are no registered bankruptcies. Outlooks for new players are moderate, with a focus on leveraging the existing market situation and local conditions. At the same time, the comparison with the business supplier sector indicates that there may be opportunities to expand into more closely related industry segments to increase market share and economic stability. SmartGrunder can help entrepreneurs find suitable addresses and conditions in Kongsvinger for this industry.