The Asian Restaurant Industry in Larvik: Current Status and Future Outlook

The Asian restaurant industry in Larvik is a small but growing sector with two registered companies. In recent years, the number of employees has increased from zero to five, indicating a gradual establishment of the industry in the municipality. At the same time, data from broader categories (restaurant/café) show that Larvik has a stable and growing food and beverage industry, which may offer opportunities for new players in the Asian restaurant sector.

In 2026, the Asian restaurant sector in Larvik had two companies with a total of five employees. Sales data for the industry has not been reported in recent years, which may be due to the companies being new or data not being available. Compared to broader categories (restaurant/café), the Asian restaurant sector has a much smaller market share, but shows a positive trend in the number of employees.

Two companies are registered in the Asian restaurant sector in Larvik:

1. Bakersmia Cafe As (Nansetgata 11) – established 2024, 4 employees, AS corporate structure.
2. Kroa Thai Takeaway As (Morkelveien 3) – established 2023, 2 employees, AS corporate structure.

Both companies are in operation and have not reported bankruptcy. The AS corporate structure is dominant in the sector, indicating that the companies were established with equity capital.

Both companies in the Asian restaurant sector are registered in Larvik. There is no data on distribution across sub-areas in the municipality, but both companies have addresses in Larvik's city center areas (Nansetgata and Morkelveien). This suggests that the Asian restaurant sector is established in the city center, where there is high competition and a large customer base.

There are no bankruptcy reports in the Asian restaurant sector in Larvik. Both companies are in operation, and there is no data on sales declines or operating results. This indicates that the sector is stable, even though it is small. However, there is no sales data available for the companies, which may be a limitation in the analysis.

The Asian restaurant sector in Larvik shows a positive trend in the number of employees, with an increase from zero to five over five years. This indicates that the sector is in a growth phase, even though it is still small. For entrepreneurs, this may be a sign that there are opportunities to establish themselves in the municipality, especially if there is demand for Asian cuisine in Larvik's market.

The broader categories (restaurant/café) in Larvik have a much larger market share than the Asian restaurant sector. In 2025, the categories had 703 employees and NOK 236.8 million in sales. Compared to this, the Asian restaurant sector is small, but shows a positive trend in the number of employees. Examples of competitors in the broader category include Skipperstua Restaurant As (NOK 3.2M EBITDA) and Bøkekroa As (NOK 2.1M EBITDA), which have higher operating results than the Asian restaurants in Larvik.

The Asian restaurant sector in Larvik is small but growing. With a positive trend in the number of employees and a stable business geography in the city center, there may be opportunities for new players. At the same time, data from broader categories show that Larvik has a stable and growing food and beverage industry, which may provide support for the Asian restaurant sector. Entrepreneurs should, however, be aware of the competition and demand for Asian cuisine in the municipality.