Industry · municipality
The Hunter Shop Industry in Narvik: An Analysis of Companies, Statistics, and Outlooks
A detailed assessment of the **hunter shop**-industry in Narvik with a focus on economic trends, company structure, and future opportunities in light of the broader **business supplier**-group.
Executive Summary
There are no companies registered in the hunter shop-industry in Narvik according to available data. However, the broader business supplier-group (which includes sports equipment stores and other services) shows dynamic development with an increasing number of employees since 2022. This may indicate growing demand for equipment and services related to recreational activities in the region, which could represent an opportunity for new players in the hunter shop-industry.
Economic Overview
There is no available data for branch_sales_yoy or branch_employees_yoy for the hunter shop-industry in Narvik. The broader business supplier-group, however, shows a growing trend in the number of employees since 2022, with 67 employees in 2024. Sales in this group have been more unstable, with a decline of 13.9% from 2016 to 2017, but an increase of 37.9% from 2019 to 2020. This may be due to fluctuations in demand for services and equipment related to the recreational sector in the region.
Companies in the Industry
There are no companies registered in the hunter shop-industry in Narvik according to available data. The broader business supplier-group, however, includes companies such as Sportcentret As and Sakshaug Sport Narvik As, which operate in sports equipment and similar services. These companies had combined sales of over NOK 40 million and employed over 24 people in 2023.
Industry Geography
There is no available data for branch_cities in the hunter shop-industry in Narvik. The broader business supplier-group, however, has companies distributed across several neighborhoods in Narvik, including Kongens gate and Bolagsgata. This suggests there is some geographic accessibility for services and equipment related to the recreational sector in the municipality.
Industry Dynamics
There is no available data for branch_bankruptcy_statistics or branch_bankrupt_companies in the hunter shop-industry in Narvik. The broader business supplier-group, however, has experienced variations in operating results, with companies such as Kristiansen Multiservice and Sport 1 Narvik As reporting zero or negative EBITDA in 2023. This may indicate that some companies in this group have faced economic challenges, which should be considered when establishing a business in the hunter shop-industry.
Outlook
The hunter shop-industry in Narvik has growth potential, especially in light of the broader business supplier-group's increasing demand for equipment and services related to recreational activities. There are, however, no existing companies in this industry, which could provide a unique opportunity for new players. Fundamental prerequisites such as market analysis and business model development should be prioritized to ensure competitiveness in a competitive market.
Outlook for the Business Supplier Group
The business supplier-group in Narvik has shown growth in the number of employees since 2022, with 67 employees in 2024. Sales have been more unstable, with a decline of 13.9% from 2016 to 2017, but an increase of 37.9% from 2019 to 2020. Peer companies in this group include Sportcentret As (NOK 29.5M in sales, 24 employees) and Sakshaug Sport Narvik As (NOK 11.1M in sales, 14 employees). These companies can provide a reference system for new players in the hunter shop-industry.



Other companies in forretningsleverandør (not in hunter shop)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Sportcentret As | sport equipment store | Kongens gate 52, 8514 Narvik | NOK 29.5M | 24 | NOK 1.8M |
| Sakshaug Sport Narvik As | sport equipment store | Bolagsgata 1, 8514 Narvik | NOK 11.1M | 14 | NOK 784.0K |
| Kristiansen Multiservice | sport equipment store | Jørg Berges vei 3, 8517 Narvik | NOK 0 | 0 | NOK 0 |
| Sport Outlet Narvik | sport equipment store | Bolagsgata 1, 8514 Narvik | NOK 0 | 8 | NOK 0 |
| Sport 1 Narvik As | sport equipment store | Kongens gate 66, 8514 Narvik | NOK 0 | 13 | NOK -4.0K |
Conclusion
The hunter shop-industry in Narvik has growth potential, but there are no existing companies in this industry. The broader business supplier-group shows dynamic development with increasing demand for services and equipment related to the recreational sector. This could provide a unique opportunity for new players, but it is important to consider market analysis and business model development to ensure competitiveness in a competitive market. SmartGrunder can help entrepreneurs explore potential addresses in Narvik for this industry.