Asian Restaurant in Færder

The Asian restaurant industry in Færder is a small but dynamic sector with a single registered company. The only active business, New Sky As, has shown significant variations in sales and employees over time. The industry falls within the broader category restaurant / café, which has been more stable with 37 registered companies in the municipality. Opportunities for new players should be considered in light of market fluctuations and competition from larger restaurants and cafés.

Sales and employees in the Asian restaurant industry

Sales have shown large fluctuations:

• 2016: NOK 34.0K
• 2017: NOK 0 (total decline of 100 %)
• 2018: NOK 2.0K
• 2019: NOK 907.9K (increase of +45.454,9 %)
• 2020: NOK 807.8K
• 2021: NOK 1.0M (highest level)
• 2022: NOK 1.0M
• 2023: NOK 700.1K
• 2024: NOK 753.9K

Employees have been even more volatile:

• 2016: 2 employees
• 2017: 2 employees
• 2018: 0 employees (decline of 100 %)
• 2019: 1 employee
• 2020: 1 employee
• 2021: 4 employees
• 2022: 4 employees
• 2023: 2 employees

The only company has been in operation since 2018, but has experienced both increases and decreases in employees and sales over time.

Registered companies in the Asian restaurant industry

There is 1 company registered in the Asian restaurant industry in Færder:

The company has been in operation since 2018 and has a negative EBITDA (NOK -88.0K) in 2024. The company has not been registered for bankruptcy, but the operating result has been negative for several years.

Geographic distribution of business

The only registered Asian restaurant in Færder is located in Nøtterøy (Kirkeveien 14C). Færder municipality also includes Tjøme and Vestskogen, but there are no registered Asian restaurants in these areas. This therefore presents a unique opportunity to establish oneself in other parts of the municipality, especially in Tjøme and Vestskogen, where there is less bankruptcy and more potential customers.

Business dynamics and bankruptcy statistics

There are no registered bankruptcies in the Asian restaurant industry in Færder in recent years. The only company, New Sky As, has not been in bankruptcy, but has had negative operating results for several years. This shows that the industry can be risky, even though no bankruptcies have been registered. It is important to carefully consider the operating economy before establishing oneself in this sector.

Outlook for the Asian restaurant industry

Outlook for new players in the Asian restaurant industry in Færder is measured by fluctuations in sales and operating results. Although there is only one company today, it has shown that it is possible to establish oneself in the municipality. However, it is important to be aware of the large variations in sales and operating results. New players should consider establishing themselves in Tjøme or Vestskogen, where there is less bankruptcy and potentially more customers.

Outlook for the broader restaurant/café industry

The broader restaurant / café industry in Færder has been more stable than the Asian restaurant industry. There are 37 companies registered in this category, with a total sales of NOK 58.0M in 2024. The most competitive companies in this category include:

These companies have higher sales and better EBITDA than the Asian restaurant in Færder. This shows that the Asian restaurant is a niche market within the broader restaurant industry, with less economic stability.

The Asian restaurant industry in Færder is a small, but potentially interesting sector for new players. With only one company today, it is possible to establish oneself in the municipality, especially in Tjøme or Vestskogen where there is less bankruptcy. However, it is important to be aware of the large variations in sales and operating results. New players should consider establishing themselves in areas with higher customer access and be prepared for market fluctuations.