Industry · municipality
Asian Restaurant in Hustadvika
Analysis of the industry, companies, and opportunities for entrepreneurs
Executive Summary
The Asian restaurant industry in Hustadvika is a small, specialized sector with only two registered companies. Although the industry has not reported sales revenue or employees in recent years, data from the broader restaurant / café category in the municipality indicates a more dynamic sector. This opens potential opportunities for entrepreneurs looking to establish themselves in a niche with growth in adjacent sectors.
Economic Overview
Sales and Employee Development
In all years from 2016 to 2026, the Asian restaurant industry in Hustadvika reported 0 employees and 0 sales revenue. This is unique compared to the broader restaurant / café category, which has shown growth in both sales and number of employees since 2021. For example, sales in the broader category increased by +36.5% from 2020 to 2021, and the number of employees increased by +17.3% in the same period.
Contrast with Broader Sector
The lack of data for the Asian restaurant industry creates a contrast with the broader category, which has a clearer economic profile. This may indicate that the Asian restaurant industry is either in an early development phase or faces specific challenges in Hustadvika.
Companies in the Industry
Registered Companies
In Hustadvika, the following companies are registered in the Asian restaurant industry:
| Company | Organizational Form | Founded | Number of Employees | Bankrupt? |
|---|---|---|---|---|
| Thai Garden Take Away As | AS | 2025-02-11 | 0 | No |
| Thai Garden Take Away Smenes | ENK | 2023-10-24 | 0 | No |
Organizational Forms
- AS (Anonyme selskap): 1 company
- ENK (Enkeltmannsforetak): 1 company
Both companies have no employees and no reported sales revenue, which may indicate that they are in an early stage or face specific operational challenges.
Business Geography
Geographic Distribution
All activities in the Asian restaurant industry in Hustadvika are concentrated in Elnesvågen. The two companies have their address at Torget 45, Elnesvågen. This shows a clear geographic focus on the municipality's central area, which can be an advantage for entrepreneurs seeking to establish themselves in an existing hub.
Business Dynamics
- Bankruptcies: No bankruptcies have been registered for the Asian restaurant industry in Hustadvika in recent years.
- Operational Activity: Although there is no data on sales or employees, no companies in the industry have been registered as bankrupt, indicating that they are still operating.
- Challenges: The lack of operational data and employees may indicate that the industry is in an early stage or faces specific challenges in Hustadvika. No new companies in the industry have been registered after 2023.
Outlook
Outlook for Entrepreneurs
The Asian restaurant industry in Hustadvika has potential, especially in light of the broader restaurant / café category, which has shown growth. However, there is a lack of data on concrete operational activity, which can be a challenge for entrepreneurs. It is important to investigate local needs and competitive solutions before establishing a business. SmartGrunder can help find suitable addresses and assess business opportunities in the municipality.
Outlook for the Broader Sector
Broader Sector: Restaurant / Café
The broader restaurant / café category in Hustadvika has shown clear growth in both sales and number of employees since 2021. For example, sales increased by +24.0% from 2021 to 2022, and the number of employees increased by +1.1% in the same period. This contrasts with the Asian restaurant industry, which has not reported any activity.
Peer Companies in the Broader Sector
The following companies in the restaurant / café category have higher sales and EBITDA than the Asian restaurant industry:
| Company | Address | Sales | EBITDA | Number of Employees |
|---|---|---|---|---|
| Bryggjen I Bud As | Vikavegen 143, 6430 Bud | NOK 10.2M | NOK 1.3M | 31 |
| Bud Kiosk Og Spiseri As | Prestgardsvegen 162, 6430 Bud | NOK 10.5M | NOK 564K | 19 |
| Gustoso Restaurant | Torget 6, 6440 Elnesvågen | NOK 3.0M | NOK 113K | 18 |
These companies show that it is possible to achieve economic stability in adjacent sectors, even though the Asian restaurant industry in Hustadvika lacks data.
Other companies in restaurant / kafé (not in asian restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Bryggjen I Bud As | restaurant | Vikavegen 143, 6430 Bud | NOK 10.2M | 31 | NOK 1.3M |
| Bud Kiosk Og Spiseri As | restaurant | Prestgardsvegen 162, 6430 Bud | NOK 10.5M | 19 | NOK 564.0K |
| Gustoso Restaurant | restaurant | Torget 6, 6440 Elnesvågen | NOK 3.0M | 18 | NOK 113.0K |
| Elnesvågen Pizza Og Grill Kücükbaz | restaurant | Elnesvågvegen 8, 6440 Elnesvågen | NOK 0 | 0 | NOK 0 |
| Galleri Maria Kafé Og Galleri, Maria Dyrhaug | restaurant | Dyrhaugvegen 330, 6490 Eide | NOK 0 | 0 | NOK 0 |
| Kai Rune Skreden Aas | restaurant | c/o Kjell Rune Aas|Kolbergvegen 146, 6445 Malmefjorden | NOK 0 | 0 | NOK 0 |
| King Cafèbar Eide | restaurant | Eidetorget 12, 6490 | NOK 0 | 6 | NOK 0 |
| Moen Kiosk & Grill Ans | restaurant | Moen, 6440 Elnesvågen | NOK 0 | 0 | NOK 0 |
| Påfylj As | restaurant | Peplassvegen 9, 6490 Eide | NOK 0 | 0 | NOK 0 |
| Skjæret Ans | restaurant | Skjæret, 6430 Bud | NOK 0 | 0 | NOK 0 |
| Sletta Gardsutsalg Og Catering As | cafe | c/o Kristin Helseth|Kolbergvegen 359, 6445 Malmefjorden | NOK 0 | 8 | NOK 0 |
| Slipen Eiendomsselskap As | restaurant | Vikavegen 67, 6430 Bud | NOK 0 | 0 | NOK 0 |
| Groven Kiosk As | restaurant | Torget 4, 6440 Elnesvågen | NOK 8.9M | 10 | NOK -341.0K |
Conclusion
The Asian restaurant industry in Hustadvika is a small, specialized sector with potential, but with limited data on operational activity. The broader restaurant / café category shows clear growth, which may indicate potential opportunities for entrepreneurs. It is important to conduct further analysis of local needs and competitive solutions before establishing a business. SmartGrunder can help find suitable addresses and assess business opportunities in the municipality.