Industry · municipality
The Asian Restaurant Industry in Ullensvang: Current Status and Future Prospects
Analysis of businesses, economic trends, and development patterns in the Asian restaurant industry in Ullensvang, Vestland.
Brief overview of the Asian restaurant industry in Ullensvang
The Asian restaurant industry in Ullensvang is a small but dynamic sector with a single business in focus. The only registered business, Thai Take Away Odda As, has shown a gradual increase in sales and employees over time, although the operating result (EBITDA) has been negative. The industry falls within a broader category (restaurant/café) with 30 businesses, providing a basis for comparison in terms of development trends and market conditions.
Economic trends and key figures
Sales and employee development
- Sales: From 0 NOK in 2016, sales have increased to 5.8 million NOK in 2025, with an average annual growth of 15.7% after 2018.
- Employees: The number of employees has varied between 3 and 14, with an increase from 9 to 11 employees between 2024 and 2026.
Key economic figures
- EBITDA margin: -2% in 2025, indicating that the operating result is negative.
- Wage costs: 3.7 million NOK in 2025, which accounts for 76% of sales.
- Debt: 1.4 million NOK in 2025, while equity stands at 592,000 NOK.
Businesses and organizational forms
Registered businesses
- Thai Take Away Odda As (Bakkegata 4A, Odda):
- Organizational form: AS
- Founded: 2017-12-01
- Number of employees: 13
- Bankrupt: Not bankrupt
- Sales: 5.8 million NOK in 2025
- Operating result: -147,000 NOK in 2025
- EBITDA: -130,000 NOK in 2025
Organizational form
- AS: 1 business, with 13 employees and 5.8 million NOK in sales in 2025.
Geographic distribution of businesses
Distribution of businesses
- Odda: Single location with activity in the industry.
- Number of businesses: 1
- Number of employees: 13
- Operating income: 5.9 million NOK
- Sales: 5.9 million NOK
- Wages: 3.7 million NOK
- Operating result: -147,000 NOK
- EBITDA: -130,000 NOK
- Gross margin: 72%
- Operating margin: -2%
Operational efficiency and business dynamics
Operational efficiency and bankruptcies
- Bankruptcies: No bankruptcies registered in the industry in Ullensvang.
- Operating result: EBITDA has been negative in 2025 (-130,000 NOK), but sales have increased continuously since 2018.
- Employee development: The number of employees has varied between 3 and 14, with a decline from 14 to 9 employees between 2022 and 2023.
Development trends and expectations
Development trends for the Asian restaurant industry
- Sales growth: Sales have increased to 5.8 million NOK in 2025, with an average annual growth of 15.7% after 2018.
- Negative EBITDA: The operating result has been negative in 2025, which could be a challenge for future development.
- Employee development: The number of employees has varied, but there is a slight increase from 9 to 11 employees between 2024 and 2026.
For entrepreneurs: There is potential for sales growth, but it is necessary to focus on cost control and operating results to ensure sustainability.
Challenges and opportunities in the broader category
Comparison with the broader category (restaurant/café)
- Number of businesses: 30 businesses in the restaurant/café category, compared to 1 in the Asian restaurant industry.
- Sales: Total sales in the category were 22.3 million NOK in 2025, compared to 5.8 million NOK for the Asian restaurant industry.
- Employees: 212 employees in the category in 2026, compared to 11 employees in the Asian restaurant industry.
Peer businesses in the restaurant/café category
| Name | Address | Sales | EBITDA | Number of employees |
|---|---|---|---|---|
| Asian Wok As | Røldalsvegen 29, 5750 Odda | 7.7M NOK | 2.5M NOK | 4 |
| Iris Scene As | Smelteverket 121, 5750 Odda | 3.0M NOK | 469,000 NOK | 34 |
| Ekspedisjonen Lofthus As | 0, 5781 Lofthus | 5.3M NOK | 254,000 NOK | 41 |
| Røldalsterassen As | Røldal Alpingrend, 5760 | 2.9M NOK | 741,000 NOK | 4 |
| Jondal Matkanten & Catering As | Belsnesvegen 4, 5627 Jondal | 1.9M NOK | -17,000 NOK | 2 |
Development trends in the category
- Sales: Highest sales in 2022 (61.9 million NOK), but fell to 22.3 million NOK in 2025.
- Employees: Highest number of employees in 2023 (267), but fell to 212 in 2026.
- EBITDA: Variable development, with some businesses having high positive figures and others with negative values.
Other companies in restaurant / kafé (not in asian restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Asian Wok As | restaurant | Røldalsvegen 29, 5750 Odda | NOK 7.7M | 4 | NOK 2.5M |
| Røldalsterassen As | restaurant | Røldal Alpingrend, 5760 | NOK 2.9M | 4 | NOK 741.0K |
| Røldal Servicebygg As | restaurant | Røldal Alpingrend, 5760 | NOK 0 | 0 | NOK 613.0K |
| Iris Scene As | restaurant | Smelteverket 121, 5750 Odda | NOK 3.0M | 34 | NOK 469.0K |
| Ekspedisjonen Lofthus As | pizza restaurant | 0, 5781 Lofthus | NOK 5.3M | 41 | NOK 254.0K |
| Glacier As | cafe | Eitrheimsvegen 9, 5750 Odda | NOK 1.2M | 1 | NOK 107.0K |
| Ans Merkur Cafe | restaurant | Røldalsvegen 29, 5750 Odda | NOK 0 | 0 | NOK 0 |
| Cafe Rose As | cafe | Røldalsvegen 18, 5750 Odda | NOK 0 | 11 | NOK 0 |
| Cafe Smelteverket As | cafe | Smelteverket 8, 5750 Odda | NOK 0 | 6 | NOK 0 |
| Cinderella Tavern Da Fast Food Restaurant & Kiosk | restaurant | Bleie, 5776 Nå | NOK 0 | 0 | NOK 0 |
| Ferskvaren As | restaurant | c/o Renate Røsten|Øvre Kalvanesvegen 21, 5750 Odda | NOK 0 | 25 | NOK 0 |
| Fjord & Flame As | restaurant | Eitrheimsvegen 61, 5750 Odda | NOK 0 | 0 | NOK 0 |
| Forest Restaurant As | restaurant | Bakkegata 2, 5750 Odda | NOK 0 | 5 | NOK 0 |
| Ishtar Abbud | restaurant | Sjursledvegen 9B, 5780 Kinsarvik | NOK 0 | 0 | NOK 0 |
| Langhuset As | restaurant | Øvre Kalvanesvegen 10, 5750 Odda | NOK 0 | 44 | NOK 0 |
| Mamma Rosa Hassan Remezan Ibrahim | restaurant | Eitrheimsvegen 9, 5750 Odda | NOK 0 | 0 | NOK 0 |
| Pergola Odda As | restaurant | Bakkegata 18, 5750 Odda | NOK 0 | 5 | NOK 0 |
| Pizzakjellaren Da | restaurant | Bakkegata 3, 5750 Odda | NOK 0 | 0 | NOK 0 |
| Siderhuset Naa As | restaurant | Fjordavegen 1981, 5776 Nå | NOK 0 | 0 | NOK 0 |
| Smeltehuset Restaurant As | restaurant | Almerket 23, 5750 Odda | NOK 0 | 25 | NOK 0 |
| Thamtalung Thaimat | restaurant | Kleivavegen 17, 5750 Odda | NOK 0 | 0 | NOK 0 |
| Trolltunga Kiosk V/linda Hanevik | restaurant | Fureflotvegen 7, 5750 Odda | NOK 0 | 0 | NOK 0 |
| Velure Kro Og Kiosk Maria Johanna Graafland Velure. | restaurant | Velure|Gamlevegen 32, 5777 Grimo | NOK 0 | 0 | NOK 0 |
| Kvikk Cafe As | cafe | Røldalsvegen 29, 5750 Odda | NOK 0 | 0 | NOK -1.0K |
| Jondal Matkanten & Catering As | restaurant | Belsnesvegen 4, 5627 Jondal | NOK 1.9M | 2 | NOK -17.0K |
| Glåmøgd As | restaurant | Gløyp, 5780 Kinsarvik | NOK 2.1M | 15 | NOK -53.0K |
| Smeltehuset As | restaurant | Almerket 23, 5750 Odda | NOK 600.0K | 0 | NOK -138.0K |
| Kramsjø As | restaurant | Herandsvegen 314, 5628 | NOK 2.2M | 12 | NOK -167.0K |
| Fjoren As | restaurant | Røldalsvegen 29, 5750 Odda | NOK 0 | 0 | NOK -509.0K |
Conclusion and future perspectives
The Asian restaurant industry in Ullensvang shows potential for sales growth, but must address challenges related to operating results and cost control. With a single business in focus, it is important to analyze market conditions and competitors in the broader category (restaurant/café) to ensure sustainability. SmartGrunder can help entrepreneurs find suitable locations and develop strategies tailored to local conditions.