Industry · municipality
The Asian Restaurant Industry in Tønsberg: Current Status and Future Perspectives
A detailed analysis of companies, economic trends, and development opportunities
Executive Summary
The Asian restaurant industry in Tønsberg is a small but dynamic sector with three registered companies. In recent years, the industry has been marked by significant variations in sales and number of employees, with a marked decline in 2023 and 2024. At the same time, data shows there is potential for growth in certain parts of the municipality, particularly in Ramnes. The industry is part of the larger restaurant and café sector in Tønsberg, which has shown more stable development over time.
Economic Overview
Economic Trends
Over the past few years, the Asian restaurant industry in Tønsberg has experienced both growth and decline. Sales figures rose until 2022, followed by a sharp decline of 67.5% from 2023 to 2024. The number of employees has also been unstable, with a peak of 48 in 2023 and a decline to 23 in 2025. This indicates some level of uncertainty in the sector, but there are no registered bankruptcies among the three companies in the industry.



Companies in the Industry
Registered Companies
The following companies are registered in the Asian restaurant industry in Tønsberg:
| Name | Address | Legal Form | Employees | Founded |
|---|---|---|---|---|
| Mrs Volcano As | Rambergveien 14B | AS | 11 | 2019-12-01 |
| Totem Invest As | Brands vei 19 | AS | 10 | 2024-01-11 |
| Yako Restaurantdrift As | Olgar Dahls vei 2 | AS | 4 | 2017-11-23 |
Yako Restaurantdrift As has reported financial data, including a negative EBITDA of -32.0K NOK in 2024. The other companies have not reported detailed financial figures. All companies are still in operation and not bankrupt.
Business Geography
Geographic Distribution
The industry is most active in Tønsberg and Ramnes:
- Tønsberg: 2 companies, 21 employees, no sales data reported.
- Ramnes: 1 company (Yako Restaurantdrift As), 4 employees, sales of 3.8M NOK in 2024.
Ramnes shows potential for further development, especially with Yako Restaurantdrift As as an active player in the area. Tønsberg has a more spread-out distribution, but most companies lack detailed financial data.

Business Dynamism
The industry has been marked by significant variations in financial results. Yako Restaurantdrift As had a negative EBITDA in 2024, but there are no registered bankruptcies. The other companies have not reported detailed financial figures. This shows that the industry has some level of uncertainty, but the registered companies have remained stable in operation.
Outlook
Development Opportunities
For entrepreneurs in the Asian restaurant industry in Tønsberg, it is important to be aware of the recent decline in sales and number of employees. At the same time, data shows there is potential for growth in Ramnes, where Yako Restaurantdrift As has a presence in the area. It is also possible to leverage the broader restaurant and café sector in Tønsberg, which has shown more stable development over time.
Development in the Broader Sector
The broader restaurant and café sector in Tønsberg has shown more stable development compared to the Asian restaurant industry. In 2022, the sector reached a sales peak of 466.0M NOK, and the number of employees increased by 27.7% compared to 2021. Now, it is possible to compare with peer companies such as Havariet As (sales: 55.2M NOK, EBITDA: 7.8M NOK) and Foyngården Drift As (sales: 58.3M NOK, EBITDA: 4.6M NOK). This shows that there are growth opportunities in the broader sector, even though the Asian restaurant industry faces its challenges.



Other companies in restaurant / kafé (not in asian restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Havariet As | restaurant | Nedre Langgate 30E, 3126 Tønsberg | NOK 55.2M | 59 | NOK 7.8M |
| Foyngården Drift As | restaurant | Nedre Langgate 18C, 3126 Tønsberg | NOK 58.3M | 163 | NOK 4.6M |
| Steak As | restaurant | Nedre Langgate 20, 3126 Tønsberg | NOK 32.2M | 54 | NOK 3.2M |
| Pizzavera As | restaurant | Gauterødveien 57B, 3154 Tolvsrød | NOK 11.2M | 8 | NOK 3.2M |
| Paparazzi As | restaurant | Nedre Langgate 20, 3126 Tønsberg | NOK 32.5M | 39 | NOK 2.2M |
| Jafs Sem As | restaurant | Semsbyveien 94, 3170 | NOK 10.8M | 5 | NOK 2.2M |
| Big Ben As | restaurant | Torvet 1, 3126 Tønsberg | NOK 8.0M | 8 | NOK 1.9M |
| Kverneriet As | restaurant | Rambergveien 15, 3115 Tønsberg | NOK 26.6M | 26 | NOK 1.5M |
| Schism As | restaurant | Rambergveien 31, 3115 Tønsberg | NOK 13.0K | 0 | NOK 1.4M |
| Ninas Sushi As | sushi restaurant | Semsbyveien 81, 3170 | NOK 10.6M | 13 | NOK 988.0K |
| Jordbærpikene Tønsberg As | cafe | Farmandstredet|Jernbanegaten 1D, 3110 Tønsberg | NOK 10.3M | 19 | NOK 928.0K |
| Peking As | restaurant | Grev Wedels gate 4B, 3111 Tønsberg | NOK 6.0M | 5 | NOK 855.0K |
| Eik Pizza Og Restaurant As | restaurant | Eikveien 58, 3122 Tønsberg | NOK 4.8M | 6 | NOK 796.0K |
| Sub Kilden As | restaurant | Kilden 1, 3118 Tønsberg | NOK 7.5M | 17 | NOK 622.0K |
| Craftsmanship Holding As | restaurant | Rambergveien 15, 3115 Tønsberg | NOK 10.3M | 5 | NOK 615.0K |
| Espresso House Norge As Avd 850 Farmandstredet | coffeehouse | Jernbanegaten 1D, 3110 Tønsberg | NOK 10.8M | 15 | NOK 539.1K |
| Flykafeen Drift As | restaurant | Åshaugveien 155, 3157 Barkåker | NOK 7.9M | 8 | NOK 424.0K |
| Kaffetid As | restaurant | Kåpeveien 5, 3174 Revetal | NOK 3.6M | 12 | NOK 353.0K |
| Semsgrillen As | restaurant | Ysteriveien 4, 3170 Sem | NOK 4.5M | 4 | NOK 262.0K |
| Groovy Diner | restaurant | 1. etasje|Kilden 1, 3118 Tønsberg | NOK 6.5M | 10 | NOK 260.7K |
| La Pergola Tønsberg As | restaurant | Torvet 1, 3126 Tønsberg | NOK 18.0M | 39 | NOK 236.0K |
| With As Avd Bydelshuset | restaurant | Tollbodgaten 19, 3111 Tønsberg | NOK 3.2M | 6 | NOK 206.2K |
| Bare Barista Kaffebar As | restaurant | Øvre Langgate 44, 3110 Tønsberg | NOK 4.1M | 10 | NOK 192.0K |
| Mytteriet As | restaurant | Nedre Langgate 26A, 3126 Tønsberg | NOK 7.4M | 13 | NOK 189.0K |
| Kaldnes Pizza As | restaurant | Solveien 5B, 3115 Tønsberg | NOK 2.1M | 4 | NOK 163.0K |
| Kapadokya Restaurant Tønsberg As | restaurant | Nedre Langgate 28B, 3126 Tønsberg | NOK 3.5M | 11 | NOK 155.0K |
| Isbaren Avd Tønsberg Torv | restaurant | Storgaten 39, 3126 Tønsberg | NOK 921.6K | 8 | NOK 150.1K |
| Cafe M Tønsberg 18 As | restaurant | St Olavs gate 22, 3112 Tønsberg | NOK 5.8M | 12 | NOK 140.0K |
| With As Avd With Bok & Kafe | restaurant | Storgaten 16, 3126 Tønsberg | NOK 2.0M | 3 | NOK 127.2K |
| Pandas Wok & Sushi Bar As | sushi restaurant | Møllegaten 3, 3126 Tønsberg | NOK 6.0M | 13 | NOK 112.0K |
| Yanagi Sushi As Avd Tønsberg | sushi restaurant | Gauterødveien 3, 3154 Tolvsrød | NOK 2.4M | 5 | NOK 102.0K |
| Byblos Oriental Gril As | restaurant | Farmannsveien 8, 3111 Tønsberg | NOK 3.1M | 4 | NOK 101.0K |
| With As Avd Storgaten 29 | restaurant | Storgaten 29A, 3126 Tønsberg | NOK 1.3M | 2 | NOK 84.1K |
| Thai Middag As | restaurant | Eikveien 107, 3123 Tønsberg | NOK 6.1M | 11 | NOK 74.0K |
| Kaffe & No As | restaurant | Valløveien 56B, 3152 Tolvsrød | NOK 2.7M | 9 | NOK 64.0K |
| Nye Bamboo Garden As | sushi restaurant | Øvre Langgate 49, 3110 Tønsberg | NOK 2.2M | 2 | NOK 56.0K |
| Kld As | restaurant | Torvet 1, 3126 Tønsberg | NOK 50.0K | 0 | NOK 50.0K |
| Libe As Avd Tønsberg | restaurant | Jernbanegaten 1D, 3110 Tønsberg | NOK 4.2M | 0 | NOK 36.7K |
| Namm As | restaurant | Nyveien 19, 3157 Barkåker | NOK 242.0K | 0 | NOK 2.0K |
| 2 Friends As | restaurant | Conradis gate 7, 3126 Tønsberg | NOK 0 | 0 | NOK 0 |
Conclusion
The Asian restaurant industry in Tønsberg has both challenges and opportunities. In recent years, the industry has been marked by uncertainty, but there is potential for growth in certain parts of the municipality. Entrepreneurs should consider leveraging the broader restaurant and café sector in Tønsberg, which has shown more stable development. SmartGrunder can help find optimal addresses and business models in Tønsberg for this industry.