Industry · municipality
Asian Restaurant Industry in Skien: Current Status and Future Prospects
Analysis of Companies, Statistics, and Opportunities for Entrepreneurs in Skien, Vestfold and Telemark, Norway
Executive Summary
Overview of the Asian Restaurant Industry in Skien
The Asian restaurant industry in Skien is a small but dynamic sector with three registered companies. The industry has shown both strength and instability over time, with total sales volume of NOK 11.7 million in 2024 and 19 employees. The EBITDA margin stands at 2%, indicating moderate profitability. The industry has been marked by significant variations in sales and number of employees, with a sharp decline in 2025. This means that entrepreneurs must consider both potential and risk before seeking to establish themselves here.
Economic Overview
Sales and Employees in the Asian Restaurant Industry in Skien (2016–2025):
| Year | Sales (NOK) | Employees | Year-over-Year Sales Change | Year-over-Year Employee Change |
|---|---|---|---|---|
| 2016 | 3.1M | 16 | - | - |
| 2017 | 4.0M | 9 | +29.2% | -43.8% |
| 2018 | 6.0M | 21 | +49.5% | +133.3% |
| 2019 | 5.2M | 18 | -13.1% | -14.3% |
| 2020 | 4.4M | 10 | -15.2% | -44.4% |
| 2021 | 3.8M | 6 | -13.2% | -40.0% |
| 2022 | 7.4M | 16 | +92.2% | +166.7% |
| 2023 | 10.2M | 21 | +38.5% | +31.2% |
| 2024 | 11.2M | 12 | +9.8% | -42.9% |
| 2025 | 2.2M | 10 | -80.6% | -16.7% |
Key Figures:
- Average sales per employee: NOK 617,000 (2024)
- Average EBITDA per employee: NOK 18,300 (2024)
- Gross margin: 69% (2024)
- Operating margin: 0% (2024)
The industry has shown a sharp increase in sales from 2021 to 2022 (+92.2%), but a dramatic decline in 2025 (-80.6%). This shows significant uncertainty in the market, which entrepreneurs must take into account.



Companies in the Industry
In Skien, there are three companies registered in the Asian restaurant industry:
- New Agra As (Kverndalsgata 3, Skien)
- Founded: 2011-10-01
- Number of employees: 10
- Sales: NOK 9.6M (2024)
- EBITDA: NOK 472,000 (2024)
- Organizational form: AS
- Lietorvet Kafe & Pizza As (Liegata 10, Skien)
- Founded: 2016-11-01
- Number of employees: 7
- Sales: NOK 499,000 (2024)
- EBITDA: NOK -224,000 (2024)
- Organizational form: AS
- Baan Thai Takeaway As (Kverndalsgata 4A, Skien)
- Founded: 2013-01-17
- Number of employees: 2
- Sales: NOK 1.7M (2024)
- EBITDA: NOK 2,000 (2024)
- Organizational form: AS
Organizational form: All companies are registered as AS (limited liability company). There are no bankruptcy registrations in the industry in Skien.
Business Geography
All companies in the Asian restaurant industry in Skien are located in Skien. There is no detailed data on distribution within the municipality, but all companies are registered in central parts of Skien, such as Kverndalsgata and Liegata. This suggests that the industry is concentrated in the city center, which can be an advantage for entrepreneurs seeking to establish themselves in the area.

Business Dynamism
Bankruptcy Statistics: There are no bankruptcy registrations in the Asian restaurant industry in Skien, which shows relative stability in the industry. However, some companies show negative EBITDA values, such as Lietorvet Kafe & Pizza As (NOK -224,000 in 2024). This may indicate economic challenges for certain companies.
Sales Development: Sales have grown sharply from 2021 to 2022 (+92.2%), but have then fallen sharply in 2025 (-80.6%). This shows significant uncertainty in the market, which entrepreneurs must consider.
Number of Employees: The number of employees has fluctuated greatly over time, with a maximum of 21 employees in 2023 and a minimum of 6 employees in 2021. This can be a challenge for companies seeking to maintain stable operations.
Outlook
Outlook for Entrepreneurs
For entrepreneurs in the Asian restaurant industry in Skien, there are both opportunities and challenges. The industry has shown potential for growth, as shown in the sales increase from 2021 to 2022. However, there is also significant uncertainty in the market, as shown in the sharp decline in 2025. Entrepreneurs should therefore be prepared to handle both growth and decline in the market.
Recommendation: Entrepreneurs should consider establishing themselves in central parts of Skien, where there is already a concentration of companies in the industry. This can provide benefits from existing customer bases and infrastructure. At the same time, entrepreneurs should be aware of economic challenges, as shown in some companies' negative EBITDA values.
Outlook for the Broader Industry
Outlook for the Broader Industry (Restaurant/Café)
Broader Industry (Restaurant/Café) in Skien:
- Number of companies: 102
- Total sales in 2025: NOK 263.4 million
- Total number of employees in 2025: 660
- Year-over-Year Sales Growth (2024–2025): +9.9%
- Year-over-Year Employee Growth (2024–2025): +5.8%
Top Companies in the Broader Industry (Sorted by EBITDA):
| Name | Address | Sales (NOK) | Employees | EBITDA (NOK) |
|---|---|---|---|---|
| Gulset Grill Og Pizza As | Nyhusveien 12-14, 3726 Skien | 31.3M | 21 | 4.5M |
| Pizzanet As | Oscars gate 2B, 3725 Skien | 10.2M | 21 | 2.0M |
| Mr. Wok Skien As | Ulefossvegen 32, 3730 Skien | 14.9M | 11 | 1.8M |
Contrast to the Asian Restaurant Industry: The broader industry (restaurant/café) has a much higher sales volume and number of employees compared to the Asian restaurant industry. This shows that the Asian restaurant industry is a smaller but important part of the broader industry. Entrepreneurs should consider establishing themselves in an industry that has shown stable growth, such as the broader restaurant industry, but be aware of the unique challenges in the Asian restaurant industry.



Other companies in restaurant / kafé (not in asian restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Gulset Grill Og Pizza As | restaurant | Nyhusveien 12-14, 3726 Skien | NOK 31.3M | 21 | NOK 4.5M |
| Pizzanet As | pizza restaurant | Oscars gate 2B, 3725 Skien | NOK 10.2M | 21 | NOK 2.0M |
| Mr. Wok Skien As | restaurant | Ulefossvegen 32, 3730 Skien | NOK 14.9M | 11 | NOK 1.8M |
| Kremen Arkaden | restaurant | Bruene 1, 3724 Skien | NOK 7.0M | 12 | NOK 1.7M |
| Cafe Tullis | cafe | Langbryggene 8, 3724 Skien | NOK 13.2M | 29 | NOK 1.5M |
| Herkules Kafe As | restaurant | Ulefossvegen 32, 3730 Skien | NOK 10.7M | 9 | NOK 1.4M |
| Kremen Omdalsvegen | restaurant | Ulefossvegen 32, 3730 Skien | NOK 5.2M | 4 | NOK 1.2M |
| Klosterstua As | restaurant | Ulefossvegen 32, 3730 Skien | NOK 9.6M | 13 | NOK 1.2M |
| Peppes Pizza Avd Skien | pizza restaurant | Ulefossvegen 32, 3730 Skien | NOK 12.8M | 32 | NOK 1.2M |
| Gamle Skien As | restaurant | Langbrygga 6, 3724 Skien | NOK 5.1M | 0 | NOK 1.1M |
| Geiteryggen Cafe As | cafe | Voldsvegen 204, 3739 Skien | NOK 4.9M | 15 | NOK 736.0K |
| Kesar As | restaurant | Kongens gate 5, 3717 Skien | NOK 6.3M | 14 | NOK 666.0K |
| Strøm Mat & Bar As | restaurant | Nedre Hjellegate 11, 3724 Skien | NOK 20.3M | 37 | NOK 499.0K |
| Espresso House Norge As Avd Herkules Skien 873 | coffeehouse | Ulefossvegen 32, 3730 Skien | NOK 8.2M | 16 | NOK 410.8K |
| New Agra Skien As | restaurant | Kverndalsgata 3A, 3717 Skien | NOK 4.3M | 10 | NOK 264.0K |
| Skien Isbar Da | pizza restaurant | Fiskeslepet, 3724 Skien | NOK 2.5M | 5 | NOK 238.0K |
| Fersk Og Ferdig Selskapsmat As | cafe | Nedre Hjellegate 1, 3724 Skien | NOK 1.7M | 20 | NOK 189.0K |
| Herøya Grillen As | restaurant | Svanvikvegen 182, 3739 Skien | NOK 4.9M | 4 | NOK 185.0K |
| Dattebayo Skien As | sushi restaurant | Tømmerkaia 29, 3732 Skien | NOK 9.7M | 28 | NOK 181.0K |
| La Bodega Skien As | pizza restaurant | Nedre Hjellegate 14, 3724 Skien | NOK 4.1M | 14 | NOK 84.0K |
| China Twang As | restaurant | Nedre Hjellegate 8, 3724 Skien | NOK 3.6M | 5 | NOK 78.0K |
| Torpevannet Grill | restaurant | Skistredet 8, 3724 Skien | NOK 626.0K | 1 | NOK 25.0K |
| Bestul Jakthus As | restaurant | Bestulvegen 570, 3721 Skien | NOK 752.0K | 5 | NOK 11.0K |
| A Taste Of France Da | restaurant | Nedre Hjellegate 14, 3724 Skien | NOK 0 | 0 | NOK 0 |
| Bella Pizza Burlacu As | restaurant | Skistredet 8, 3724 Skien | NOK 0 | 5 | NOK 0 |
| Brian Boru Skien As Konkursbo | restaurant | Henrik Ibsens gate 4, 3724 Skien | NOK 0 | 0 | NOK 0 |
| Buffalo Grill Ans | restaurant | Kongensgate 17, 3717 Skien | NOK 0 | 0 | NOK 0 |
| Burgerdrift Lillestrøm As | restaurant | Kongens gate 18, 3717 Skien | NOK 0 | 0 | NOK 0 |
| Bustoria Tomasz Daniel Sekiewicz | restaurant | Gamle Fjæreveg 6, 3731 Skien | NOK 0 | 0 | NOK 0 |
| Bøle Grill Og Kiosk, Islam | restaurant | Bølevegen 150, 3713 Skien | NOK 0 | 0 | NOK 0 |
| Cake O Clock Tassavinan Pongpai | restaurant | Gunnar Knudsens veg 28, 3713 Skien | NOK 0 | 0 | NOK 0 |
| Capricorn Pizza As Tvangsavviklingsbo | pizza restaurant | Århusvegen 40B, 3723 Skien | NOK 0 | 0 | NOK 0 |
| China Twang Feng Zeng Ping | restaurant | Nedre Hjellegate 8A, 3724 Skien | NOK 0 | 0 | NOK 0 |
| City Grill As | restaurant | Torggata 5, 3724 Skien | NOK 0 | 0 | NOK 0 |
| Di Napoli As | restaurant | Lundegata 21, 3717 Skien | NOK 0 | 0 | NOK 0 |
| Follow As | restaurant | Alvestadtunet 27, 3739 Skien | NOK 0 | 37 | NOK 0 |
| Follow Merci As | restaurant | Alvestadtunet 27, 3739 Skien | NOK 0 | 0 | NOK 0 |
| Gamle Skien As Konkursbo | restaurant | Langbrygga 6, 3724 Skien | NOK 0 | 0 | NOK 0 |
| Gimle Pub As | restaurant | Kverndalsgata 4A, 3717 Skien | NOK 0 | 12 | NOK 0 |
| Gimsøy Spiseri As | restaurant | Gimsøy plass 7, 3730 Skien | NOK 0 | 0 | NOK 0 |
Conclusion
The Asian restaurant industry in Skien is a small but dynamic sector with both opportunities and challenges. The industry has shown potential for growth, but also significant uncertainty in the market. Entrepreneurs should consider establishing themselves in central parts of Skien, where there is already a concentration of companies in the industry. At the same time, entrepreneurs should be aware of economic challenges, as shown in some companies' negative EBITDA values. The broader industry (restaurant/café) has shown stable growth, which can be an advantage for entrepreneurs seeking to establish themselves in Skien. SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to establish themselves in this industry.