The Hunter Shop Industry in Time Municipality

The hunter shop industry in Time Municipality is a small but stable sector with a single company, Nubben As, operating in Bryne. The industry has shown gradual growth in sales and employees over time, with a notable increase after 2020. An EBITDA margin of 12% and a high gross profit of 36% indicate good financial health for the sole business. Future growth prospects are positive, especially with increasing interest in hunting equipment and activities in the region.

Economic Trends

• Sales: Sales have grown from NOK 9.1 million in 2016 to NOK 14.6 million in 2025, with an average annual growth of 4.3% after 2020.
• Employees: The number of employees has increased from 6 in 2016 to 8 in 2022, before declining to 6 in 2025. Annual growth was most pronounced between 2020–2022 (+14.3%).
• EBITDA: The margin has remained stable at 12%, with an EBITDA of NOK 1.9 million in 2025.
• Gross Profit: 36%, indicating efficient production or purchasing.

Key Economic Figures for Nubben As (2025):

Registered Companies

• Nubben As (Hålandsv 1, Bryne):
• Organizational Form: AS
• Founded: 1991
• Number of Employees: 8
• Bankrupt: Not bankrupt
• Sales: NOK 14.6 million (2025)
• EBITDA: NOK 1.9 million (2025)
• Total Equity: NOK 11.0 million
• Total Debt: NOK 2.7 million

Organizational Form

• AS (Anonymous Companies): 1 company, 8 employees, 12% EBITDA margin.

Commentary

The industry is dominated by a single company, which limits competitiveness but also offers opportunities for collaboration and a focus on quality.

Distribution of Activities

• Bryne: The only city with activity in the industry.
• Number of Companies: 1
• Number of Employees: 8
• Sales: NOK 14.6 million (2025)
• Operational Income: NOK 14.8 million
• EBITDA: NOK 1.9 million
• Gross Profit: NOK 5.4 million

Geographic Analysis

• Bryne is the sole center for the hunter shop industry in Time Municipality. It is a standalone business but with high economic efficiency.

Bankruptcies and Dynamics

• Bankruptcies: No registered bankruptcies in the industry in Time Municipality.
• Dynamics: The industry has shown variations in sales and employees but has remained stable with no bankruptcies. Growth in sales since 2020 has been a key driver.

Development Over Time

• Sales: Greatest growth between 2019–2020 (+40.3%), but with a decline in 2025 (2.3%).
• Employees: Greatest growth between 2021–2022 (+14.3%), but with a decline in 2025 (25%).

Conclusion

The industry has shown gradual growth, but with variations. Stability and absence of bankruptcies indicate a robust business.

Outlook for Entrepreneurs

• Stability: The industry has shown stable growth in sales and employees, especially after 2020. This is a positive indication of a good market for hunting equipment and services.
• Market Size: With one company, the market is limited, but it offers opportunities for specialization and quality focus.
• Competitiveness: A standalone business offers opportunities to establish oneself as a leading actor in the region.
• Resources: Nubben As has high economic efficiency (12% EBITDA margin), which can serve as a model for new actors.

Recommendation

Entrepreneurs should consider focusing on quality, specialization, and collaboration with existing actors to secure market share and economic stability.

Business Supplier Sector in Time

• Number of Companies: 5 (the industry has 1 company)
• Sales: Highest in 2021 (NOK 158.7 million), with a decline to NOK 41.3 million in 2025.
• Employees: Highest in 2019 (79 employees), with a decline to 48 employees in 2025.

Peer Companies in the Business Supplier Sector

Contrast with the Hunter Shop Industry

• Business Supplier Sector has a higher number of companies and larger sales, but with more variation in financial health.
• Hunter Shop Industry has a higher EBITDA margin (12% vs. variable in the business supplier sector), but smaller market size.

Outlook

• The business supplier sector has shown strong growth previously, but with a sharp decline in 2025. This could be a warning for new actors.
• The hunter shop industry has shown more stable growth, which could be an advantage for entrepreneurs.

The hunter shop industry in Time Municipality is a small but stable sector with a single business, Nubben As, which has shown good financial health. The industry has grown in sales and employees over time, with a notable increase after 2020. Future growth prospects are positive, especially with increasing interest in hunting equipment and activities in the region. At the same time, the business supplier sector in Time shows more variation in financial health, but with a larger market size. Entrepreneurs should consider focusing on quality, specialization, and collaboration with existing actors to secure market share and economic stability. SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to establish themselves in this sector.