Industry · municipality
Kiosk chain in Larvik
An analysis of the industry, companies, and outlooks
Executive Summary
Overview of the kiosk chain industry in Larvik
The kiosk chain industry in Larvik is a small, specialized sector with only one registered company: Liens Storkiosk As. The only corporate activity is tied to this single company, which has been in operation since 2014. The industry shows strong fluctuations in both sales and number of employees over time, with a dramatic decline in 2020. Although there are no registered bankruptcies in the industry, the data suggests weak development. For entrepreneurs and local decision-makers, it is important to assess both the opportunities and challenges in this special industry.
Economic Overview
Sales and employees in the kiosk chain industry in Larvik (2016–2021):
| Year | Sales (NOK) | Employees | Year-over-year change in sales | Year-over-year change in employees |
|---|---|---|---|---|
| 2016 | 180.0K | 9 | - | - |
| 2017 | 178.0K | 16 | -1.1% | +77.8% |
| 2018 | 144.0K | 11 | -19.1% | -31.2% |
| 2019 | 139.0K | 9 | -3.5% | -18.2% |
| 2020 | 4.0K | 4 | -97.1% | -55.6% |
| 2021 | 5.0K | 5 | +25.0% | +25.0% |
Critical observations:
- Sales have fallen by over 97% from 2019 to 2020, and have not fully resumed growth in 2021.
- The number of employees has shown large fluctuations, with a drastic decline in 2020.
- The industry is highly sensitive to external factors, such as the pandemic in 2020.
Companies in the Industry
Registered companies in the kiosk chain industry in Larvik (2023):
| Company | Legal Form | Share Capital (NOK) | Number of Employees | Bankruptcies | Address | Sales (NOK) | EBITDA (NOK) |
|---|---|---|---|---|---|---|---|
| Liens Storkiosk As | AS | 30.0K | 0 | No bankruptcies | Sanden 28, Larvik | 0 | 0 |
Key points:
- Liens Storkiosk As is the only company in the industry, and has no employees.
- The company has a share capital of 30.0K NOK, but no sales or EBITDA.
- There are no other companies in the industry in Larvik, which shows a very small market share.
Business Geography
Business activity in the kiosk chain industry in Larvik:
There is no detailed data on the distribution of activity in different neighborhoods or districts in Larvik. The only registered company, Liens Storkiosk As, has its headquarters at Sanden 28, Larvik. There is no registered activity in other districts in the municipality. This suggests that the kiosk chain industry in Larvik is highly location-sensitive and has a small market presence.
Business Dynamics
Bankruptcy statistics and business dynamics in the kiosk chain industry in Larvik:
- Liens Storkiosk As is not registered as bankrupt, but has no sales or employees.
- The industry has shown large fluctuations in both sales and number of employees over time, with a drastic decline in 2020.
- There are no other companies in the industry, which shows a very small market share.
- There are no bankruptcy statistics for the industry, but there is a risk that the single company could be affected by external factors, such as the pandemic in 2020.
Outlook
Outlook for Entrepreneurs
Outlook for entrepreneurs in the kiosk chain industry in Larvik:
- The industry is very small and has only one company, Liens Storkiosk As, which has no sales or employees.
- There are no bankruptcy statistics for the industry, but there is a risk that the single company could be affected by external factors, such as the pandemic in 2020.
- There are no other companies in the industry, which shows a very small market share.
- Entrepreneurs should consider the opportunities to develop new companies in the industry, but it is important to be aware of the large fluctuations in sales and number of employees.
- SmartGrunder can help entrepreneurs find suitable addresses in Larvik for this industry, based on natural conditions and local opportunities.
Outlook for the Services Sector
Contrast between kiosk chain and services sector in Larvik:
- The services sector has 100 companies in Larvik, while the kiosk chain industry has only one company.
- Sales in the services sector have grown by 6.9% from 2016 to 2017, and have shown stable development over time, with a peak in 2020 at 2090.5M NOK.
- Number of employees in the services sector has shown small fluctuations, but has on average grown by 6.6% from 2020 to 2021.
- Peer companies in the services sector include large supermarket chains such as Ng Kiwi Vestfold Telemark As Avd 558 Nanset (sales: 296.3M NOK, EBITDA: 15.0M NOK) and Blinken Mathus As (sales: 120.5M NOK, EBITDA: 9.1M NOK).
- The services sector has a much higher degree of diversification and stabilization than the kiosk chain industry, which can be an advantage for entrepreneurs seeking to establish themselves in Larvik.
Other companies in tjenester (not in kiosk chain)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Ng Kiwi Vestfold Telemark As Avd 558 Nanset | supermarket chain | Karen Sundts vei 19, 3269 Larvik | NOK 296.3M | 43 | NOK 15.0M |
| Blinken Mathus As | supermarket chain | Gloppeskogen 20, 3260 Larvik | NOK 120.5M | 69 | NOK 9.1M |
| Cos Dagligvare As | supermarket chain | Olavs gate 30, 3257 Larvik | NOK 85.7M | 36 | NOK 5.5M |
| Kvelde Matsenter As | kiosk | Holmfossveien 22, 3282 Kvelde | NOK 66.9M | 36 | NOK 5.2M |
| Meny Nanset | supermarket chain | Yttersøveien 2, 3274 Larvik | NOK 130.6M | 43 | NOK 3.8M |
| Ng Kiwi Vestfold Telemark As Avd 350 Torstrand | supermarket chain | Alfred Andersens gate 1, 3262 Larvik | NOK 69.3M | 16 | NOK 3.5M |
| Coop Sørøst Sa Avd 1206 Extra Tjølling | supermarket chain | Østbyveien 2A, 3280 Tjodalyng | NOK 74.7M | 22 | NOK 3.5M |
| Hammerkvist Mat As | supermarket chain | Skreppestadveien 34, 3261 Larvik | NOK 79.4M | 15 | NOK 3.5M |
| Coop Sørøst Sa Avd 2513 Extra Holmejordet | supermarket chain | Holmejordetveien 48, 3267 Larvik | NOK 71.3M | 23 | NOK 3.3M |
| Coop Sørøst Sa Avd 1194 Extra Hovland | supermarket chain | Frankendalsveien 99, 3274 Larvik | NOK 54.3M | 17 | NOK 2.5M |
| Farriseidet Dagligvaredrift As | supermarket chain | Brunlanesveien 8, 3268 Larvik | NOK 123.8M | 38 | NOK 2.5M |
| Stavern Dagligvaredrift As | supermarket chain | Larviksveien 13A, 3290 Stavern | NOK 134.7M | 71 | NOK 2.4M |
| Normal Norge As Avd No1061 Larvik Nordbyen Senter | discount store | Yttersøveien 2, 3274 Larvik | NOK 19.2M | 10 | NOK 2.2M |
| Coop Sørøst Sa Avd 2952 Extra Larvik | supermarket chain | Nansetgata 11, 3256 Larvik | NOK 40.8M | 15 | NOK 1.9M |
| Gamle Helgeroa Marina As | supermarket | Brygga, 3295 Helgeroa | NOK 20.0M | 31 | NOK 1.9M |
| Risajevnheim As | supermarket | Holmejordetveien 31, 3267 Larvik | NOK 82.7M | 26 | NOK 1.8M |
| Normal Norge As Avd No 1043 Larvik Amfi Larvik | discount store | Jegersborggata 4, 3256 Larvik | NOK 14.4M | 8 | NOK 1.6M |
| Søndersrød Dagligvaredrift As | supermarket chain | Søndersrød, 3295 Helgeroa | NOK 163.4M | 114 | NOK 1.6M |
| Fredrik & Louisa As Avd Larvik | discount store | Nordbyen|Yttersøveien 2, 3274 Larvik | NOK 23.7M | 8 | NOK 1.0M |
| Holdbart As Avd Larvik | supermarket chain | Elveveien 10, 3262 Larvik | NOK 15.0M | 12 | NOK 848.3K |
| Hans Andreas Eie As | supermarket chain | Gamle Kongevei 47, 3269 Larvik | NOK 67.9M | 14 | NOK 359.0K |
| Coop Sørøst Sa Avd 2501 Obs Bygg Larvik | supermarket chain | Elveveien 135, 3271 Larvik | NOK 6.8M | 0 | NOK 314.9K |
| Risa Retail As | supermarket chain | Ulfsbakveien 2, 3267 Larvik | NOK 60.9M | 21 | NOK 253.0K |
| Oddane Sand Mat As | kiosk | Oddaneveien 73, 3296 Nevlunghavn | NOK 2.2M | 4 | NOK 203.0K |
| Cool Down As | supermarket | Revgata 5, 3263 Larvik | NOK 922.0K | 0 | NOK 172.0K |
| Larvik Minigolf | supermarket | Strandpromenaden 25, 3256 Larvik | NOK 406.0K | 9 | NOK 7.0K |
| Mathuset Meløstranda Grill & Catering As | supermarket | Hedrumveien 840, 3282 Kvelde | NOK 11.0K | 0 | NOK 5.0K |
| Adrar Nouh Mohamed | supermarket chain | Oskars gate 7A, 3256 Larvik | NOK 0 | 0 | NOK 0 |
| Ahlam Mohammad Ahmad | supermarket | Olavs gate 3, 3256 Larvik | NOK 0 | 2 | NOK 0 |
| Aksupps As | food/beverages/tobacco stores | Rakkeveien 99, 3294 Stavern | NOK 0 | 0 | NOK 0 |
| Aksupps As | gourmet food store | Rakkeveien 99, 3294 Stavern | NOK 0 | 0 | NOK 0 |
| Asia Mat 1 Esmail Alali | ethnic grocery store | Lilletorget 1, 3256 Larvik | NOK 0 | 0 | NOK 0 |
| Bergs Handelsvirksomhet Da | supermarket | Sogn, 3275 Svarstad | NOK 0 | 0 | NOK 0 |
| Bernt Harald Johnsen | other non-specialised store | Grenaderveien 4, 3290 Stavern | NOK 0 | 0 | NOK 0 |
| Børge A Krogstad | food/beverages/tobacco stores | Gjøksyreveien 5, 3261 Larvik | NOK 0 | 0 | NOK 0 |
| Camilla Kristiansen Vogt As | supermarket chain | REMA 1000 ØYA|Øya 1, 3262 Larvik | NOK 0 | 16 | NOK 0 |
| City Center Alyaa Aldrees | supermarket | Torget 9, 3256 Larvik | NOK 0 | 0 | NOK 0 |
| Cmt Marketing Gundersen | other non-specialised store | Bisjordlia 27, 3261 Larvik | NOK 0 | 0 | NOK 0 |
| Coop Prix Frankendalsveien | supermarket chain | Frankendalsveien 95, 3274 Larvik | NOK 0 | 13 | NOK 0 |
| Coop Prix Tjølling | supermarket chain | Stasjonsveien 1, 3280 Tjodalyng | NOK 0 | 9 | NOK 0 |
Conclusion
The kiosk chain industry in Larvik is a small, specialized sector with only one company, Liens Storkiosk As. The industry shows strong fluctuations in both sales and number of employees over time, with a dramatic decline in 2020. Although there are no registered bankruptcies in the industry, the data suggests weak development. For entrepreneurs and local decision-makers, it is important to assess both the opportunities and challenges in this special industry. At the same time, the services sector in Larvik shows a more stable and diversified development, which can be an advantage for entrepreneurs seeking to establish themselves in the municipality. SmartGrunder can help entrepreneurs find suitable addresses in Larvik for this industry, based on natural conditions and local opportunities.