The Asian Restaurant Industry in Holmestrand

The Asian restaurant industry in Holmestrand is a small, scattered sector with three registered companies. Although no sales revenue or employees are registered in the industry, data from 2023–2025 shows a weakly increasing but unstable development in the number of employees. The industry is part of the broader restaurant and café sector, which has shown more stable growth and higher turnover. This indicates that there is potential for development, but with a need for strategic planning to compete in a competitive market environment.

In Holmestrand, there are 3 companies registered in the Asian restaurant industry, but all have reported zero sales revenue and zero employees in all years from 2016 to 2026. The only concrete data shows a weakly increasing trend in the number of employees: from 0 in 2016–2022, to 4 in 2023, 5 in 2024, and 1 in 2025. This shows an unstable development, even though no bankruptcies or bankruptcies have been registered in the industry.

There are 3 companies registered in the Asian restaurant industry in Holmestrand, all with the legal form AS and established after 2020. They are:

All companies have reported zero sales revenue and zero employees, even though they have organization numbers and registration in the municipality.

The three companies in the Asian restaurant industry are distributed across two districts:

• Holmestrand: Casablanca Pizzabar As (Langgaten 46) and Milmil Invest As (Havnegaten 9B)
• Sande i Vestfold: Sawasdee Thai Street Food As (Prestegårdsalleen 71)

This shows a geographic spread, but no clear concentration in certain areas of the municipality.

The industry has not registered any bankruptcies or bankruptcies in the period 2016–2026. Nevertheless, the number of employees shows an unstable development: from 0 in 2016–2022, to 4 in 2023, 5 in 2024, and 1 in 2025. This may indicate a weakly increasing but unstable business activity. There is no data on operating results or EBITDA for companies in the industry.

For founders in the Asian restaurant industry in Holmestrand, the data indicates a small, unstable market plus. With 3 companies and zero sales revenue, there is a clear need for strategic planning to establish themselves. Nevertheless, the broader restaurant and café sector in the municipality shows a more stable growth, which can provide opportunities for cooperation or differentiation. It is important to assess competitiveness and customer access in a market environment with fewer players.

The broader restaurant and café sector in Holmestrand has 62 companies and shows a more stable development. Turnover has varied between NOK 26.3M and 49.9M in the period 2016–2025, with an increase of +39.4% from 2024 to 2025. This contrasts with the Asian restaurant industry, which has zero sales revenue. Key players in the broader sector include:

• Paletten Restaurant As (NOK 7.0M turnover, NOK 1.3M EBITDA)
• Gamle Eidsfos Kro (NOK 9.1M turnover, NOK 994.0K EBITDA)

These companies show that there are opportunities for profitability in the sector, even though the Asian restaurant industry is a small, specialized part of the market.

The Asian restaurant industry in Holmestrand is a small, scattered sector with potential for development, but with a need for strategic planning. The broader restaurant and café sector shows a more stable growth, which can provide opportunities for cooperation or differentiation. Founders should consider competitiveness, customer access, and operational efficiency in a market environment with fewer players. SmartGrunder can help analyze location opportunities and market prospects for new companies in the municipality.