Hunter Shop in Vestvågøy: Industry Overview and Outlook

Industry Overview

Hunter shop in Vestvågøy is a small but growing industry. There is one registered company in this industry in the municipality: Rigg Lofoten As, a recently established company with 15 employees. Although sales data is missing, the annual figures show a significant increase in the number of employees, from 2 in 2024 to 13 in 2026. This indicates growth in activity and possibly increased demand for hunting equipment in the region.

The industry has not registered any bankruptcies in recent years, which suggests stability in the current offering. Nevertheless, it is important to note that data on sales and operating results is missing, which can make it difficult to assess profitability for new entrants.

Economic Development

Sales Development: Sales data for hunter shop in Vestvågøy shows zero income for all years from 2016 to 2026. This may be due to missing reporting from the company or a small market share.

Employee Development: The number of employees has increased significantly in recent years. From 2 employees in 2024 to 13 employees in 2026, representing an increase of +450% from 2024 to 2025 and +18.2% from 2025 to 2026. This shows a clear growth in workforce, even though sales data is missing.

Reasons for Growth: The growth in the number of employees may be due to increased demand for hunting equipment in Vestvågøy, or an expansion of Rigg Lofoten As' operations.

Companies in the Industry

There is one registered company in the hunter shop industry in Vestvågøy:

Organisation Type:

• AS (Limited Liability Company): 1 company, with 15 employees.

Notes:

• No operating results or sales data are available for this company.
• The company is newly established and has not yet reported on revenues or operating results.

Geographic Distribution

Hunter shop activity in Vestvågøy is concentrated in Leknes. Here, one company in the industry is registered:

• Leknes: 1 company, 15 employees.

Notes:

• There are no other districts or places in Vestvågøy that report activity in the hunter shop industry.
• Rigg Lofoten As is located at Storgata 77, Leknes, and is the only company in the industry in the municipality.

Bankruptcy Statistics:

• No bankruptcies have been registered in the hunter shop industry in Vestvågøy in recent years. This suggests that the only company in the industry, Rigg Lofoten As, has been stable in operations.

Operational Dynamics:

• Although no sales or operating results have been reported, the number of employees shows a clear growth. This may indicate that the company has expanded its operations or increased its market share.

Future Development:

• With growth in the number of employees and no bankruptcies, it may be possible that the industry will continue to grow in the future, especially if demand for hunting equipment increases in Vestvågøy.

Outlook for Entrepreneurs

For entrepreneurs considering starting a business in the hunter shop industry in Vestvågøy, there are several important factors to consider:

• Growth in the number of employees: A significant increase in the number of employees has been registered, from 2 in 2024 to 13 in 2026. This may indicate increased demand for hunting equipment in the region.

• Missing sales data: Although there is growing number of employees, data on sales and operating results is missing. This can make it difficult to assess profitability for new entrants.

• Competitiveness: There is only one company in the industry in Vestvågøy, which can provide opportunities for new entrants. However, there may be challenges related to competing with existing companies in nearby areas.

• Market Key: It is important to investigate whether there is demand for hunting equipment in Vestvågøy, especially in Leknes where the only company in the industry is located.

Business Services Industry in Vestvågøy has a more complex structure than the hunter shop industry. This broader industry includes 7 companies, while the hunter shop industry only has one company. This shows that the business services industry has a larger market share and more variation in operations.

Sales Development in the Business Services Industry:

• Sales have varied greatly over the years, with a sharp decline in 2023 (from NOK 33.1M to NOK 16.0M), but an increase in 2025 (to NOK 23.9M). This shows that the industry has been affected by economic fluctuations.

Employee Development in the Business Services Industry:

• The number of employees has varied from 27 in 2016 to 44 in 2026, with an increase of +29.4% from 2025 to 2026. This shows a stable growth in the workforce in the industry.

Peer Companies in the Business Services Industry:

• Current peer companies in the business services industry include:

Conclusion:

• The business services industry has a more stable and varied operations compared to the hunter shop industry. This can provide entrepreneurs with opportunities to develop in a more competitive industry.

The hunter shop industry in Vestvågøy is a small but growing industry with one company, Rigg Lofoten As, which has shown a significant increase in the number of employees. Although data on sales and operating results is missing, the annual figures show a positive development in the workforce. This may indicate increased demand for hunting equipment in the region.

For entrepreneurs, there may be opportunities in the industry, especially if there is demand for hunting equipment in Vestvågøy. However, it is important to consider competition from other industries, such as the business services industry, which has more companies and a more stable development.

SmartGrunder can help entrepreneurs find suitable addresses and locations in Vestvågøy to start a business in the hunter shop industry. This can give businesses an advantage in a market key that is growing.