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Industry · municipality

Nightclub in Modum: An Analysis of the Industry, Companies, and Outlooks

Published 28.09.2026

A detailed overview of the nightclub industry in Modum municipality, focusing on economic trends, company structure, and future opportunities for entrepreneurs and local decision-makers.

Executive Summary

Overview of the Nightclub Industry in Modum

There are no registered nightclubs in Modum municipality according to available data. The industry is therefore nearly absent locally. This creates a unique situation where there are no active companies in this specific subcategory of the bar/club industry. However, there may be opportunities for future development, especially in light of broader trends in the bar/club sector in the municipality.

Economic Overview

There is no available data on sales or number of employees for nightclubs in Modum. This is due to the absence of registered companies in this subcategory. However, it is possible to observe trends in the broader bar/club industry in the municipality, which may indicate potential development opportunities for future nightclubs.

Trends in the Bar/Club Industry (for comparison):

YearSales (NOK)Employees
20161.2M11
20171.3M7
20181.3M8
2019757.8K9
202044.9K6
202105
2022295.0K0
2023184.0K0
2024227.4K0
2025676.4K5
2026(estimated)8

Causes of fluctuations:

  • The pandemic in 2020 had a significant impact on sales and employees.
  • A gradual recovery in 2025 shows potential opportunities for future development.

Companies in the Industry

There are no registered companies in the nightclub industry in Modum. This is clear from the data showing that leaf_company_count is 0. It is therefore not possible to provide an overview of organizational forms or specific companies in this subcategory.

Broader Industry (Bar/Club):

  • There is 1 company registered in this category, but it is not a nightclub.
  • The organizational forms of these companies are not detailed in the data.

Business Geography

There are no registered nightclubs in Modum, so there is no data on the distribution of activity between districts or locations in the municipality. This makes it difficult to provide a detailed overview of where a potential nightclub could be located.

Broader Industry (Bar/Club):

  • The one registered company in this category is located in Vikersund (address: Jarenhaugen 29, 3370 Vikersund). This is not a nightclub, but it may indicate potential market areas.

Business Dynamism

There are no registered bankruptcies or bankruptcy participants in the nightclub industry in Modum. This is due to the absence of active companies in this subcategory. However, there is significant variation in the broader bar/club industry, with a complete decline in 2021 and a gradual recovery in 2025.

Bankruptcy data for the bar/club industry (for comparison):

  • There is no detailed data on bankruptcy cases for this category in Modum.
  • There is however a clear decline in the number of employees and sales in 2020 and 2021, which may indicate increased bankruptcy risk in this sector.

Outlook

Outlook for Entrepreneurs

There are no active nightclubs in Modum, which provides a unique opportunity for entrepreneurs wishing to establish themselves in this industry. This can be an advantage, but it is also important to be aware of broader trends in the bar/club sector, which show significant variations over time.

Key considerations for entrepreneurs:

  • Market Key: There are no competitors in the nightclub industry, but there is a competing bar in Vikersund.
  • Trends: A gradual recovery in sales and employees in the bar/club sector in 2025 may be a positive indication of future potential.
  • Risk: The significant decline in 2020 and 2021 shows that the industry is sensitive to external factors such as pandemics and economic downturns.

Outlook for the Broader Bar/Club Industry

The broader bar/club industry in Modum has shown significant variations over time, with a sharp decline in 2020 and 2021, but a gradual recovery in 2025. This may indicate potential opportunities for future development in this sector.

Peer companies in the bar/club industry:

NameAddressSales (NOK)EmployeesEBITDA
Kkj Invest AsJarenhaugen 29, 3370 Vikersund682.0K9219.0K

Contrast to the nightclub industry:

  • The broader bar/club industry has a more stable presence in Modum, even though there are no nightclubs.
  • This may indicate that it is possible to establish oneself in this sector, even though there is a competing bar in Vikersund.
Sales in the parent industry — bar / klubb — Modum
Sales in the parent industry — bar / klubb
Companies in the parent industry — bar / klubb — Modum
Companies in the parent industry — bar / klubb
Employees in the parent industry — bar / klubb — Modum
Employees in the parent industry — bar / klubb

Other companies in bar / klubb (not in night club)

CompanyIndustryAddressSalesEmployeesEBITDA
Kkj Invest AsbarJarenhaugen 29, 3370 VikersundNOK 682.0K9NOK 219.0K

Conclusion

The nightclub industry in Modum is nearly absent, providing a unique opportunity for entrepreneurs wishing to establish themselves in this sector. However, it is important to be aware of broader trends in the bar/club sector, which show significant variations over time. This may indicate potential opportunities and risk factors that need to be carefully considered.

SmartGrunder can help entrepreneurs explore addresses in Modum for the nightclub industry, with a focus on natural development opportunities.