Industry · municipality
The Kiosk Industry in Vestvågøy: Current Situation and Future Outlook
Analysis of the Kiosk Industry in Vestvågøy with a Focus on Economic Data, Companies, and Prospects for Entrepreneurs and Local Decision-Makers
Executive Summary
The kiosk industry in Vestvågøy has been marked by a dramatic decline since 2016. With 6 employees in 2016 and sales of 3.7 million NOK, the industry collapsed to zero employees and sales after 2017. This demonstrates a highly unstable industry, where no active kiosk businesses are registered in the municipality after 2017. At the same time, data on the broader services sector in Vestvågøy shows a more stable development, with increasing numbers of employees and sales over time. This creates a contrast between the kiosk-specific situation and the general service growth in the municipality.
Economic Overview
The kiosk industry in Vestvågøy has experienced a sharp decline in both sales and number of employees. In 2016, the industry had 6 employees and sales of 3.7 million NOK. From 2017, there have been zero employees and sales. This demonstrates a highly unstable industry, where no active kiosk businesses are registered in the municipality after 2017. This decline is among the strongest in Norway, with a 100% reduction in sales from 2016 to 2017. There is no data indicating economic improvements in the future, which may suggest a prolonged decline in the industry.



Companies in the Industry
No active kiosk businesses are registered in Vestvågøy after 2017. The only available information shows that no organizational forms for kiosk businesses are registered in the municipality after 2017. This may indicate that all existing kiosk businesses have closed or been registered outside the municipality. No specific companies can be named in this analysis, which underscores the industry's weak presence in Vestvågøy.
Business Geography
All registered kiosk activities in Vestvågøy are concentrated in the municipality's main area. There is no detailed breakdown of activity in sub-areas, which may indicate that the kiosk industry has not been present in specific parts of the municipality. This is an important observation for entrepreneurs considering establishing themselves in Vestvågøy, as no activity is registered in specific geographic areas.
Business Dynamism
There are no registered bankruptcies or bankrupt businesses in the kiosk industry in Vestvågøy. This may indicate that the industry has collapsed without going through formal bankruptcy processes, which may be due to businesses closing without formal financial procedures. No specific companies can be named in this analysis, which underscores the industry's weak presence in Vestvågøy.
Outlook
The kiosk industry in Vestvågøy shows no signs of future growth based on historical data. With zero employees and sales since 2017, there is no indication that the industry will experience a revival in the near future. This may be a challenge for entrepreneurs considering establishing themselves in Vestvågøy, as no activity is registered in specific geographic areas. SmartGrunder can help entrepreneurs explore potential addresses in Vestvågøy for this industry, even though the data suggests a highly unstable industry.
Outlook for the Services Sector
The broader services sector in Vestvågøy shows a more stable development compared to the kiosk industry. With 227 employees in 2026 and sales of 466.9 million NOK, the services sector demonstrates a growth of 9.8% from 2024 to 2025. This is a clear contrast to the kiosk industry, which has been marked by a sharp decline. The services sector includes a range of companies such as Extra Leknes 2473, Gravdal Dagligvarer As, and Joker Stamsund, which show a more stable economic development. This may be an important factor for entrepreneurs considering establishing themselves in Vestvågøy, as the services sector demonstrates a more stable development.



Other companies in tjenester (not in kiosk)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Extra Leknes 2473 | supermarket chain | Storgata 8, 8370 Leknes | NOK 137.7M | 47 | NOK 7.6M |
| G K Larsen As | supermarket | Vikingveien 436, 8360 Bøstad | NOK 29.3M | 18 | NOK 4.2M |
| Gravdal Dagligvarer As | supermarket chain | Gravdalsgata 22, 8372 | NOK 49.6M | 18 | NOK 3.5M |
| K. Kristoffersen As | supermarket | c/o REMA 1000 Leknes|Leknessletta 2, 8370 | NOK 144.8M | 32 | NOK 3.1M |
| Normal Norge As Avd No1199 Leknes | discount store | Storgata 8, 8370 Leknes | NOK 19.2M | 10 | NOK 2.2M |
| Prix Stamsund 2571 | supermarket chain | J.M.Johansens vei 19, 8340 Stamsund | NOK 33.2M | 11 | NOK 1.8M |
| Ng Kiwi Nord As Avd 162 Leknes | supermarket | Slaksletta 1, 8370 Leknes | NOK 66.9M | 21 | NOK 1.8M |
| Joker Stamsund | supermarket | J.M.Johansens vei 157, 8340 Stamsund | NOK 21.5M | 14 | NOK 851.0K |
| Karlsen Dagligvarer As | supermarket | Storgata 8, 8370 Leknes | NOK 59.4M | 25 | NOK 719.0K |
| Joker Ballstad | supermarket | Fryseriveien 1, 8373 Ballstad | NOK 18.9M | 11 | NOK 676.0K |
| Borgtun As | supermarket | Vikingveien 508, 8360 Bøstad | NOK 5.3M | 12 | NOK 201.0K |
| Coop Prix Leknes Avd 4568 | supermarket chain | Lekneskroken 3, 8370 | NOK 0 | 7 | NOK 0 |
| Finn Henrik Pettersen | supermarket | J.M.Johansens vei 224, 8340 Stamsund | NOK 0 | 0 | NOK 0 |
| Fiskerinytt Ilone Tatiana Giske | fish store | Haugveien 312, 8372 Gravdal | NOK 0 | 0 | NOK 0 |
| Normal Norge As Avd No2003 Leknes Lofotsenteret | discount store | Storgata 8, 8370 Leknes | NOK 0 | 0 | NOK 0 |
| Pirozhkov Salg | other non-specialised store | Tussan 70, 8372 Gravdal | NOK 0 | 0 | NOK 0 |
| Vinmonopolet As Butikk Leknes | alcohol store | Storgata 8, 8370 Leknes | NOK 56.0M | 8 | NOK -753.0K |
Conclusion
The kiosk industry in Vestvågøy shows a highly unstable development, with no active businesses after 2017. This creates challenges for entrepreneurs considering establishing themselves in Vestvågøy, as no activity is registered in specific geographic areas. At the same time, the broader services sector shows a more stable development, which may be an important factor for entrepreneurs. SmartGrunder can help entrepreneurs explore potential addresses in Vestvågøy for this industry, even though the data suggests a highly unstable industry.