The Asian Restaurant Industry in Stavanger

The Asian restaurant industry in Stavanger is a dynamic part of the municipality's food and service sector. In 2025, there are 14 companies registered in this industry, with a total of 115 employees and annual revenues of approximately 51.6 million NOK. The activity is most concentrated in Stavanger city center, but there is also a small presence in Hafrsfjord. The industry shows a mix of stable businesses and newly established companies, with some variation in financial results.

Annual revenues for the Asian restaurant industry in Stavanger have grown by 5.4% from 2024 to 2025, following a decline of 6.2% in 2024. The highest revenue was recorded in 2022 at 53.6 million NOK. Number of employees has increased by 13.0% from 2024 to 2025, but shows a more volatile development over time with variations of up to ±24.2% annually.

Key figures in table format

The industry therefore has a weak positive trend over the last two years, with a combination of strong growth in 2022 and a recovery from the decline in 2024.

Registered companies

In Stavanger, the following companies are registered in the Asian restaurant industry:

1. Yips Pedersgata As (32 employees, 24.6M in operating income)
2. Thai Isan Restaurant & Take Away As (18 employees, 5.2M in operating income)
3. Thai Spicy As Avd Tasta (12 employees, 3.0M in operating income)
4. Thai Take Away Stavanger As (11 employees, 2.5M in operating income)
5. Thai Spicy As Avd Stadionparken (7 employees, 3.7M in operating income)
6. Thai Dinner Asia As (6 employees, 4.7M in operating income)
7. Original Thai Food As (5 employees, 2.6M in operating income)
8. Chart Thai Asia Food Take Away Og Catering As (4 employees, 0.85M in operating income)
9. India Tandoori Restaurant As (4 employees, 4.8M in operating income)
10. Lille Thai Takeaway As (2 employees, 1.9M in operating income)
11. Bag Invest (0 employees, 0 in operating income)
12. Mogul India As (0 employees, 0 in operating income)
13. Pølsevev&delikatesse As (0 employees, 0 in operating income)
14. Siam Thai Mat As (0 employees, -5,000 in operating income)

Organizational forms

All companies in the industry are registered as AS (10 companies), with a total of 101 employees and operating income of 53.8 million NOK. There are no registered companies in the forms ENK or KAP in this industry.

Distribution of activity

Stavanger dominates with 9 out of the 10 companies, while Hafrsfjord has one company (Chart Thai Asia Food Take Away Og Catering As) with extraordinary sales growth of 587% from 2024 to 2025. However, there is a significant difference in size and financial stability between the two areas.

None of the registered companies in the Asian restaurant industry in Stavanger are registered as bankrupt, which shows a relative financial stability. However, some companies show negative results:

• Siam Thai Mat As has negative operating income (-5,000 NOK) and negative EBITDA (-5,000 NOK)
• Lille Thai Takeaway As has negative EBITDA (-4,000 NOK)
• India Tandoori Restaurant As has negative EBITDA (-105,000 NOK)

This shows that although the industry is generally stable, there are individual companies facing challenges in operational results.

Development for entrepreneurs

The Asian restaurant industry in Stavanger shows growth potential, especially in the city center. With 130 employees in 2025 and annual revenues of 51.6 million NOK, there is clear growth from 2024. However, it is important to be aware of the variation in financial results, with some companies achieving high EBITDA margins (up to 10%) and others showing negative figures.

Municipal opportunities:

• Stavanger has a large population and tourist flow that can support more restaurants
• It is possible to utilize existing culture and cognitive approach to Asian food
• It is possible to find premises in both Stavanger and Hafrsfjord

Risk factors:

• Competition from both local and international companies
• Variation in operational results and EBITDA margins
• Need to adapt to customers and market changes

Comparison with broader sector

The Restaurant / café sector in Stavanger has 359 companies, showing that the Asian restaurant industry is a relatively small part of this broader sector. However, the Asian restaurant industry shows stronger growth in recent years compared to the broader sector, which has experienced a decline of 6.4% from 2024 to 2025.

Peer companies in broader sector

These companies show that it is possible to achieve high EBITDA margins (up to 22.2M) in the restaurant industry in Stavanger, which can be an important factor for entrepreneurs in the Asian restaurant industry.

The Asian restaurant industry in Stavanger shows growth potential, with stable growth in the number of employees and annual revenues over the past years. However, it is important to be aware of the variation in financial results and competition from both local and international companies. SmartGrunder can help entrepreneurs find suitable premises and assess opportunities in this industry in Stavanger.