Industry · municipality
The Butchery Industry in Vestvågøy: Current Situation and Future Prospects
A Detailed Analysis of the Business Landscape in Vestvågøy
Executive Summary
The butchery industry in Vestvågøy has shown clear growth in recent years, with an increase in employment from 3 to 14 employees between 2021 and 2022. This represents a rise of 366.7%, indicating increased activity and possibly the establishment of new players in the municipality. Sales figures have also increased from 0 to 2.0 million NOK in 2021, although data is not available for 2022. The industry has not registered any bankruptcies in the municipality, indicating a stable condition. This is an important observation for entrepreneurs considering establishing themselves in the sector.
Economic Overview
Sales and employees in the butchery industry in Vestvågøy
| Year | Sales (NOK) | Number of employees |
|---|---|---|
| 2016 | 0 | 0 |
| 2017 | 0 | 0 |
| 2018 | 0 | 0 |
| 2019 | 0 | 0 |
| 2020 | 0 | 0 |
| 2021 | 2.0M | 3 |
| 2022 | Not available | 14 |
Sales figures have increased from 0 to 2.0 million NOK in 2021, but there is no data for 2022. The number of employees has increased from 0 to 14 between 2021 and 2022, indicating strong growth in the workforce. This may suggest that the industry has become more active and that new businesses are being established in the municipality.
Companies in the Industry
There are no companies in the butchery industry registered in Vestvågøy according to available data. This may indicate that the industry is in an early stage or that there are few players in the municipality. There are also no organizational forms (such as AS, ENH, etc.) registered for the industry, which may indicate that there are small or single companies in the sector. This is an important observation for entrepreneurs considering establishing themselves in the industry, as there may be opportunities to fill a missing niche.
Business Geography
There is no detailed data on the distribution of butchery activity between districts or locations in Vestvågøy. This may be due to the municipality being relatively small and the activity being concentrated in certain areas. For entrepreneurs, this may be an opportunity to identify areas with high demand or potential market spaces. SmartGrunder can help explore addresses in the municipality for this industry, particularly in areas with high natural demand.
Business Dynamism
There are no bankruptcy registrations for the butchery industry in Vestvågøy, indicating a stable condition in the sector. This is a positive indicator for entrepreneurs considering establishing themselves in the industry. The growth in the number of employees and sales figures suggests that the industry has potential for further development. However, it is important to note that the data is limited, and there may be challenges related to scaling up in a small municipal structure.
Outlook
Outlook for the butchery industry
The butchery industry in Vestvågøy shows clear growth and stability, which may make it an attractive sector for entrepreneurs. The increased workforce and sales figures indicate growing demand and opportunities for further development. However, it is important to consider the competition and local conditions, especially in a small municipal structure. Entrepreneurs should also be aware of potential challenges related to scaling up and adapting to local needs.
Outlook for the Services Sector
The services sector in Vestvågøy has a broader scope than the butchery industry, with 17 companies in the sector. Sales figures have varied over the years, with an increase from 401.0 million NOK in 2016 to 466.9 million NOK in 2025. The number of employees has also varied, with an increase from 238 to 227 between 2016 and 2026. This shows that the services sector has a more stable and developed structure compared to the butchery industry. Peer companies in the sector include shops, supermarkets, and discount stores, which can provide insight into competition and potential collaboration opportunities for the butchery industry.
Other companies in tjenester (not in meat store)
| 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 butchery industry in Vestvågøy shows clear growth and stability, which may make it an attractive sector for entrepreneurs. The increased workforce and sales figures indicate growing demand and opportunities for further development. However, it is important to consider the competition and local conditions, especially in a small municipal structure. SmartGrunder can help entrepreneurs explore addresses in the municipality for this industry, particularly in areas with high natural demand.