Industry · municipality
The Asian Restaurant Industry in Nittedal: Current Status and Future Outlook
A Detailed Analysis of the Market, Companies, and Development Trends
Executive Summary
The Asian restaurant industry in Nittedal has shown marked variations in development in recent years. From 2016 to 2019, there were no registered employees or sales data for this industry in the municipality. The first year of activity was 2019, with one employee and sales of 1.4 million NOK. A significant increase followed in 2020, with 8 employees and sales of 2.4 million NOK. In 2021, the number of employees was reduced to 7, while sales remained at the same level. The industry is part of the broader category 'restaurant/café', which has been more stable in Nittedal with over 35 companies. This opens opportunities for new players, but also challenges related to competition in a larger sector.
Economic Overview
Sales and Employees
The Asian restaurant industry in Nittedal has had the following development:
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 0 | 0 |
| 2017 | 0 | 0 |
| 2018 | 0 | 0 |
| 2019 | 1.4M | 1 |
| 2020 | 2.4M | 8 |
| 2021 | 2.4M | 7 |
Annual Growth:
- 2019→2020: +72.4% in sales and +700% in employees
- 2020→2021: -12.5% in employees, but sales remained stable
Development Trends
The industry had a strong upswing in 2020, but did not grow further in 2021. There is no data for the years after 2021. This may indicate that the industry had a specific inflated period in 2020, perhaps related to increased demand for Asian food during the pandemic.
Companies in the Industry
There are no registered companies in the category 'asian restaurant' in Nittedal according to available data. However, there are registered companies in the broader category 'restaurant/café', which includes both Asian restaurants and other types of restaurants. The organizational forms of companies in this category are not specified in the dataset.
Business Geography
There is no detailed data on the distribution of Asian restaurants in different neighborhoods or locations in Nittedal. There is no registered activity in this industry in the municipality before 2019, and there is no information about where the registered companies in this industry are located within the municipality.
Business Dynamism
There is no publicly available data on bankruptcy or bankruptcy participation for Asian restaurants in Nittedal. However, it is registered that several companies in the broader category 'restaurant/café' have negative EBITDA, which may indicate economic challenges in the sector. This may be an indication that the industry is vulnerable to pressure from economic crises, high bankruptcy rates, or low margins.
Outlook
The Asian restaurant industry in Nittedal had a strong growth in 2020, but did not grow further in 2021. This may indicate that the industry had a specific inflated period in 2020, perhaps related to increased demand for Asian food during the pandemic. For entrepreneurs, this could be an opportunity to establish themselves in an industry that had a positive development in 2020, but also a warning about potential challenges in maintaining growth. It is also important to be aware that the industry is part of the broader category 'restaurant/café', which has been more stable in Nittedal.
Outlook for the Parent Category
The broader category 'restaurant/café' in Nittedal has been more stable than the Asian restaurant industry. In 2020, this category reached a sales peak of 28.9 million NOK, but has since been declining. The number of employees has also been declining since 2021. This suggests that the broader category has been more vulnerable to pressure from economic crises, high bankruptcy rates, or low margins. However, it is registered that the Asian restaurant industry had a strong growth in 2020, which could be an opportunity for new players in this industry.
Other companies in restaurant / kafé (not in asian restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Kampenhaug Holding As | restaurant | Trondheimsveien 3, 1481 Hagan | NOK 2.7M | 0 | NOK 2.4M |
| Skytta Catering Tran As | sushi restaurant | Industriveien 3, 1481 Hagan | NOK 5.5M | 4 | NOK 1.7M |
| Pizzadrift Hagan As | pizza delivery / takeaway | HAGAN ATRIUM|Likollen 2A, 1481 | NOK 3.0M | 10 | NOK 785.0K |
| Lkt As | sushi restaurant | 0, 1482 Nittedal | NOK 2.2M | 0 | NOK 560.0K |
| Black Pepper Restaurant Og Bar Bernard | restaurant | Brådalsstubben 20, 1481 Hagan | NOK 0 | 27 | NOK 0 |
| Easy Eagle Service As | restaurant | Ramstadveien 180, 1480 Slattum | NOK 0 | 4 | NOK 0 |
| Evoso As | restaurant | c/o Olga Naumova|Bekkelia 10, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Hagan Pizza & Kebab As | restaurant | Hellinga 8A, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Ice Dream As | sushi restaurant | Kvartsveien 6, 1487 Hakadal | NOK 0 | 20 | NOK 0 |
| Ice Dream Jessheim As | restaurant | Kvartsveien 6, 1487 Hakadal | NOK 0 | 0 | NOK 0 |
| Ice Dream Metro As | restaurant | Kvartsveien 6, 1487 Hakadal | NOK 0 | 0 | NOK 0 |
| Iec As | restaurant | Grindbråtan 21E, 1484 Hakadal | NOK 0 | 16 | NOK 0 |
| Kafe Nybrent As | restaurant | Stasjonsveien 41A, 1482 Nittedal | NOK 0 | 4 | NOK 0 |
| Kafforno V/ Sigrid Tangen | restaurant | c/o Sigrid Tangen|Liljeveien 18C, 1487 Hakadal | NOK 0 | 0 | NOK 0 |
| Kawapizza As | restaurant | Rådyrveien 2, 1488 Hakadal | NOK 0 | 12 | NOK 0 |
| Laa Perla As | restaurant | Mattias skytters vei 2, 1482 Nittedal | NOK 0 | 14 | NOK 0 |
| Ladegården Kro As | cafe | Trondheimsveien 3, 1481 Hagan | NOK 0 | 4 | NOK 0 |
| Laxmi As | cafe | Liljeveien 8A, 1487 Hakadal | NOK 0 | 0 | NOK 0 |
| Masala Curry Odda As | restaurant | Stasjonsveien 2, 1482 Nittedal | NOK 0 | 5 | NOK 0 |
| Masalaspice Indisk As | restaurant | Solbakken terrasse 1, 1480 Slattum | NOK 0 | 0 | NOK 0 |
| Ni Hao Nittedal Restaurant As | restaurant | Berget 2, 1482 Nittedal | NOK 0 | 6 | NOK 0 |
| Samosa Chai As | restaurant | Brådalsstubben 20, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Samosa Chai As | restaurant | Brådalsstubben 20, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Sinoberbille As | restaurant | Sinoberveien 26, 1480 Slattum | NOK 0 | 0 | NOK 0 |
| Thai Street Food By Mulligan | restaurant | Ånebyveien 30, 1484 Hakadal | NOK 0 | 0 | NOK 0 |
| Thai Street Food By Mulligan | restaurant | Ånebyveien 30, 1484 Hakadal | NOK 0 | 0 | NOK 0 |
| Torgeir Soot | cafe | Lilloseterveien|Lilloseter Sportsstue, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Velion As | cafe | Harrveien 3, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| W.h.h As | restaurant | Ulvestuveien 3, 1482 Nittedal | NOK 0 | 0 | NOK 0 |
| X Burger & Pizza As | restaurant | Solbakken terrasse 1, 1480 Slattum | NOK 0 | 0 | NOK -5.0K |
| Mo Holding Nittedal As | restaurant | Svartkruttveien 106, 1482 Nittedal | NOK 0 | 0 | NOK -20.0K |
| Cafè Stund As | cafe | Snarefjellet 49, 1481 Hagan | NOK 0 | 0 | NOK -88.0K |
| Mo Matglede As | restaurant | Snarefjellet 49, 1481 Hagan | NOK 1.6M | 0 | NOK -221.0K |
| Maharo As | restaurant | Årosveien 307, 1480 Slattum | NOK 178.0K | 4 | NOK -655.0K |
| Babis Pizza As | restaurant | Mattias skytters vei 3, 1482 Nittedal | NOK 949.0K | 9 | NOK -708.0K |
Conclusion
The Asian restaurant industry in Nittedal has shown marked variations in development in recent years. From 2016 to 2019, there were no registered employees or sales data for this industry in the municipality. The first year of activity was 2019, with one employee and sales of 1.4 million NOK. A significant increase followed in 2020, with 8 employees and sales of 2.4 million NOK. In 2021, the number of employees was reduced to 7, while sales remained at the same level. The industry is part of the broader category 'restaurant/café', which has been more stable in Nittedal with over 35 companies. This opens opportunities for new players, but also challenges related to competition in a larger sector. SmartGrunder can help entrepreneurs find suitable addresses in Nittedal for this industry.