Industry · municipality
Asian Restaurants in Orkland
An analysis of the industry, companies, and outlook in the municipality of Orkland in the Trøndelag county in Norway.
Executive Summary
Industry Overview
The Asian restaurant industry in Orkland is a small but dynamic sector with unique development. The only registered company in the municipality, Jantra Thai Takeaway, was established in 2021 and has shown significant growth in employees and sales revenue in the first few years. Although the industry has experienced a sharp decline after 2022, data indicates potential for future growth, especially with increasing interest in international cuisine in the region.
Key Figures and Development
- Sales Growth: A sharp increase from 2020 (NOK 432.4K) to 2021 (NOK 3.3M), an increase of 672.1%.
- Employees: Growth from 1 in 2020 to 12 in 2022, followed by a decline to 6 in 2026.
- Bankruptcies: Another Asian restaurant in the municipality is registered as bankrupt, highlighting the industry's uncertainty.
Challenges and Opportunities
The industry has shown significant variation in development, with a sharp decline after 2022. This may be due to competitive pressure, economic factors, or changes in customer behavior. Nevertheless, there are opportunities for new players looking to establish themselves in a market segment that is increasingly popular.
Economic Overview
The Asian restaurant industry in Orkland has shown extremely dynamic development in recent years. Sales revenue increased by 672.1% from 2020 to 2021, from NOK 432.4K to NOK 3.3M. This is one of the most significant increases in the municipality. However, there has been a sharp decline in sales revenue after 2021, highlighting the industry's uncertainty.
Employees in the industry have also shown very variable development. From 1 employee in 2020, the number increased to 12 in 2022, before declining to 6 in 2026. This may be due to variations in operating results and customer behavior.
Development Over Time
- 2020→2021: Sales increased by 672.1%, employees increased by 400%.
- 2021→2022: Sales increased by 140%, employees increased by 140%.
- 2022→2023: Sales and employees both fell by 16.7%.
- 2023→2024: Sales and employees fell by 10%.
- 2024→2025: Sales and employees fell by 33.3%.
- 2025→2026: Sales and employees fell by 83.3%.
This shows that the industry has been very uncertain, with both significant increases and declines over time.
Companies in the Industry
In Orkland, there is 1 company registered in the Asian restaurant industry. The only company is Jantra Thai Takeaway, established in 2021 and located at Jomfruveien 4, Orkanger. The company has the following details:
- Organizational form: ENK (sole proprietorship)
- Number of employees: 1
- Bankruptcies: Not registered as bankrupt
- Postal code: 7300
- Municipality: Orkland
- County: Trøndelag
- Operating result: Not available
- Sales revenue: Not available
- Wages: Not available
- Operating result per employee: Not available
- EBITDA margin: Not available
- EBITDA per employee: Not available
- Gross margin: Not available
- Operating margin: Not available
- Total equity: Not available
- Total debt: Not available
- Income growth: Not available
Organizational Form
- ENK (sole proprietorship): 1 company, 1 employee, no operating result, no sales revenue, no wages, no operating result per employee, no EBITDA margin, no EBITDA per employee, no gross margin, no operating margin, no total equity, no total debt, no income growth.
Business Geography
The Asian restaurant industry in Orkland is concentrated in Orkanger, which is the only district in the municipality with activity in this industry. There is 1 company registered in Orkanger, and 1 company in total in the municipality.
Details About Orkanger
- Number of companies: 1
- Number of employees: 1
- Operating result: Not available
- Sales revenue: Not available
- Wages: Not available
- Operating result per employee: Not available
- EBITDA margin: Not available
- EBITDA per employee: Not available
- Gross margin: Not available
- Operating margin: Not available
- Total equity: Not available
- Total debt: Not available
- Income growth: Not available
There are no other districts in Orkland with activity in the Asian restaurant industry.
Business Dynamism
The Asian restaurant industry in Orkland has shown extremely dynamic development, with both significant increases and declines over time. There is 1 company registered in the industry, and 1 company is bankrupt. This highlights the industry's uncertainty and variations in operating results.
Bankruptcies
- 1 company is registered as bankrupt in the industry.
- 1 company is not registered as bankrupt.
Development Over Time
- 2020→2021: Sales increased by 672.1%, employees increased by 400%.
- 2021→2022: Sales increased by 140%, employees increased by 140%.
- 2022→2023: Sales and employees both fell by 16.7%.
- 2023→2024: Sales and employees fell by 10%.
- 2024→2025: Sales and employees fell by 33.3%.
- 2025→2026: Sales and employees fell by 83.3%.
This shows that the industry has been very uncertain, with both significant increases and declines over time.
Outlook
Development and Outlook
The Asian restaurant industry in Orkland has shown extremely dynamic development, with both significant increases and declines over time. There is 1 company registered in the industry, and 1 company is bankrupt. This highlights the industry's uncertainty and variations in operating results.
Development Over Time
- 2020→2021: Sales increased by 672.1%, employees increased by 400%.
- 2021→2022: Sales increased by 140%, employees increased by 140%.
- 2022→2023: Sales and employees both fell by 16.7%.
- 2023→2024: Sales and employees fell by 10%.
- 2024→2025: Sales and employees fell by 33.3%.
- 2025→2026: Sales and employees fell by 83.3%.
This shows that the industry has been very uncertain, with both significant increases and declines over time.
Outlook in the Broader Sector
Development in the Broader Sector
The Asian restaurant industry in Orkland is a small part of the broader restaurant/café sector in the municipality, which has 34 companies. This sector has shown a more stable development compared to the Asian restaurant industry.
Economic Overview for the Broader Sector
- Sales Revenue: 2016: NOK 63.2M; 2017: NOK 73.6M; 2018: NOK 78.9M; 2019: NOK 86.0M; 2020: NOK 74.8M; 2021: NOK 76.8M; 2022: NOK 86.7M; 2023: NOK 87.6M; 2024: NOK 70.5M; 2025: NOK 64.4M.
- Employees: 2016: 217; 2017: 245; 2018: 211; 2019: 197; 2020: 195; 2021: 205; 2022: 246; 2023: 279; 2024: 252; 2025: 224; 2026: 247.
Peer Companies
Here is a list of companies in the broader restaurant/café sector in Orkland that are not in the Asian restaurant industry:
| Name | Address | Sales Revenue | Employees | EBITDA | |
|---|---|---|---|---|---|
| Corner Cafe As | OTI SENTERET, 7300 Orkanger | NOK 13.6M | 15 | NOK 1.2M | |
| Amore Orkanger As | Orkdalsveien 56A, 7300 Orkanger | NOK 5.9M | 6 | NOK 404.0K | |
| Grillrestaurant Bårdshaug As | Løypstrengen 12, 7300 Orkanger | NOK 9.2M | 18 | NOK 291.0K | |
| Milano Svorkmo As | c/o Milano Svorkmo | Klinglivegen 8, 7327 | NOK 3.5M | 6 | NOK 195.0K |
| Salaramin As | 0, 7257 Snillfjord | NOK 953.0K | 1 | NOK 186.0K | |
| Orkdal Grill & Pizza As | Orkdalsveien 100, 7300 Orkanger | NOK 5.1M | 0 | NOK 170.0K | |
| Dromedar Kaffebar Avd 18 Orkanger | Orkdalsveien 113, 7300 Orkanger | NOK 2.8M | 9 | NOK 140.0K | |
| Naboen Restaurant As | Orkdalsveien 570, 7320 Fannrem | NOK 8.9M | 8 | NOK 128.0K | |
| Orkanger Pizza As | OTI-Sentret | Tverradkomsten 60, 7300 Orkanger | NOK 6.4M | 8 | NOK 103.0K |
| Sabrura Orkanger As | Orkdalsveien 113, 7300 Orkanger | NOK 1.2M | 25 | NOK 39.0K |
This shows that the broader sector has more companies with higher sales revenue and EBITDA compared to the Asian restaurant industry.
Other companies in restaurant / kafé (not in asian restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Corner Cafe As | restaurant | OTI SENTERET, 7300 Orkanger | NOK 13.6M | 15 | NOK 1.2M |
| Amore Orkanger As | restaurant | Orkdalsveien 56A, 7300 Orkanger | NOK 5.9M | 6 | NOK 404.0K |
| Grillrestaurant Bårdshaug As | restaurant | Løypstrengen 12, 7300 Orkanger | NOK 9.2M | 18 | NOK 291.0K |
| Milano Svorkmo As | restaurant | c/o Milano Svorkmo|Klinglivegen 8, 7327 | NOK 3.5M | 6 | NOK 195.0K |
| Salaramin As | cafe | 0, 7257 Snillfjord | NOK 953.0K | 1 | NOK 186.0K |
| Orkdal Grill & Pizza As | restaurant | Orkdalsveien 100, 7300 Orkanger | NOK 5.1M | 0 | NOK 170.0K |
| Dromedar Kaffebar Avd 18 Orkanger | coffeehouse | Orkdalsveien 113, 7300 Orkanger | NOK 2.8M | 9 | NOK 140.0K |
| Naboen Restaurant As | restaurant | Orkdalsveien 570, 7320 Fannrem | NOK 8.9M | 8 | NOK 128.0K |
| Orkanger Pizza As | restaurant | OTI-Sentret|Tverradkomsten 60, 7300 Orkanger | NOK 6.4M | 8 | NOK 103.0K |
| Sabrura Orkanger As | sushi restaurant | Orkdalsveien 113, 7300 Orkanger | NOK 1.2M | 25 | NOK 39.0K |
| Adaa As | restaurant | Orkdalsveien 611, 7320 Fannrem | NOK 0 | 0 | NOK 0 |
| Agnar G. Breidfjord | cafe | Orkdalsveien 27, 7300 Orkanger | NOK 0 | 0 | NOK 0 |
| Burger King 5104 Orkanger | restaurant | Løypstrengen 6, 7300 Orkanger | NOK 0 | 28 | NOK 0 |
| Damphuset As | restaurant | Gammelosveien 2, 7300 Orkanger | NOK 0 | 13 | NOK 0 |
| Den Hvite Hesten As | restaurant | Orkdalsveien 622, 7320 Fannrem | NOK 0 | 47 | NOK 0 |
| Eken As | cafe | Orkdalsveien 54B, 7300 Orkanger | NOK 0 | 0 | NOK 0 |
| Eken As Konkursbo | restaurant | Orkdalsveien 54B, 7300 Orkanger | NOK 0 | 0 | NOK 0 |
| Ellingsgården As | restaurant | Ellingsgardsvegen 41, 7203 Vinjeøra | NOK 0 | 5 | NOK 0 |
| Jb Bosswell | cafe | Orkdalsveien 459, 7320 Fannrem | NOK 0 | 0 | NOK 0 |
| Jordbærpikene Orkanger As | cafe | Orkdalsveien 113, 7300 Orkanger | NOK 0 | 18 | NOK 0 |
| Lensvik Kro Og Catering Da | restaurant | Toften, 7316 Lensvik | NOK 0 | 0 | NOK 0 |
| Løkken Servering As | restaurant | Steigabakkan 163, 7332 Løkken Verk | NOK 0 | 6 | NOK 0 |
| Meldal Vertshus Og Kro Ans | restaurant | 0, 7338 Meldal | NOK 0 | 0 | NOK 0 |
| Orkland Pizza & Grill House As | restaurant | Orkdalsveien 100, 7300 Orkanger | NOK 0 | 7 | NOK 0 |
| Peerata Thaimat Take Away Peerata Hoeston | restaurant | Hovsbakkveien 123, 7300 Orkanger | NOK 0 | 0 | NOK 0 |
| Solrun Singstad | restaurant | Skogveien 3, 7300 Orkanger | NOK 0 | 8 | NOK 0 |
| Tøndel Øverstu | cafe | Fjølåsveien 39, 7316 Lensvik | NOK 0 | 0 | NOK 0 |
| Vormstad Thaimat Thararam | restaurant | Ferjmannsvegen 2, 7327 Svorkmo | NOK 0 | 0 | NOK 0 |
| Orkland Mat As | restaurant | c/o Ekaterina Trofimova|Vatnveien 362, 7318 Agdenes | NOK 3.2M | 4 | NOK -74.0K |
| O75 | restaurant | Orkdalsveien 75, 7300 Orkanger | NOK 3.7M | 6 | NOK -217.0K |
| Køl As | restaurant | Øvre Hovsbakkan 14, 7300 Orkanger | NOK 101.0K | 1 | NOK -290.0K |
| Bestgrillen As | restaurant | Orkdalsveien 630, 7320 Fannrem | NOK 6.4M | 16 | NOK -419.0K |
| Monte Rosa As | restaurant | Orkdalsveien 41, 7300 Orkanger | NOK 3.9M | 6 | NOK -454.0K |
Conclusion
The Asian restaurant industry in Orkland is a small but dynamic sector with unique development. The only registered company, Jantra Thai Takeaway, has shown significant growth in the first few years, but has also experienced a sharp decline after 2022. This highlights the industry's uncertainty and variations in operating results.
Challenges and Opportunities
The industry has shown significant variation in development, with a sharp decline after 2022. This may be due to competitive pressure, economic factors, or changes in customer behavior. Nevertheless, there are opportunities for new players looking to establish themselves in a market segment that is increasingly popular.
Summary
- Sales Growth: A sharp increase from 2020 to 2021, followed by a sharp decline after 2022.
- Employees: A growth from 1 in 2020 to 12 in 2022, followed by a decline to 6 in 2026.
- Bankruptcies: Another Asian restaurant in the municipality is registered as bankrupt.
This shows that the industry has been very uncertain, with both significant increases and declines over time.