The Bar Industry in Elverum: Current Situation and Future Prospects

The bar industry in Elverum is a small but dynamic sector with three registered companies. The most significant player is Brødr Stensby's Eftf As, which operates from Storgata 4 and has 13 employees. The other two companies, Punktet Elverum As and Rocks Larsson, have not yet reported operating results, which may indicate that they are in the startup phase or have a different business model. In total, there are 24 employees in the industry in Elverum, with annual variations in the number of employees and sales revenue. This sector shows both stability and potential development opportunities, especially after a strong increase in sales and number of employees in 2022–2023.

Economic Trends

Sales Development (2016–2025):

Employees (2016–2025):

Sales revenue experienced a sharp decline in 2020, but has since been on an upward trajectory, reaching a peak of 6.4M in 2023. The number of employees has been more volatile, with a significant increase in 2022 following a decline in 2020–2021. This may indicate that the industry has been affected by external factors such as the pandemic, but has since proven to be resilient.

Registered Companies in the Industry

The following companies are registered in the bar industry in Elverum:

1. Brødr Stensby's Eftf As (Storgata 4) – AS entity, established 1996, 13 employees, operating profit 108,000 NOK, EBITDA 170,000 NOK, operating revenue 6.3M NOK.
2. Punktet Elverum As (Storgata 1) – AS entity, established 2022, 7 employees, but reports zero operating profit and sales.
3. Rocks Larsson (Lundgaardsveien) – ENK entity, established 2004, 0 employees, and no operating profit reported.

Entity Type Statistics:

• AS entity: 2 companies, 20 employees, operating revenue 6.3M NOK, EBITDA margin 2%.
• ENK entity: 1 company, 0 employees, no operating profit.

Brødr Stensby's dominates the industry with higher operating profits and employees, while the other two companies have lower activity or are in the startup phase.

Geographic Distribution of Business

All three companies in the bar industry in Elverum are registered in the Elverum area. There is no sub-division of activity in sub-areas, which indicates that the business is concentrated in the center or central parts of the municipality. This can be an advantage for entrepreneurs seeking to establish themselves in an already established industrial core, but may also indicate limitations in the development of new locations.

Operational Dynamics and Bankruptcy Statistics

None of the three companies in the bar industry in Elverum are registered as bankrupt, which shows relative stability in the sector. Brødr Stensby's Eftf As has a positive operating profit and EBITDA, while Punktet Elverum As and Rocks Larsson have not yet reported operating profits. This may indicate that they are in the startup phase or have a different business model. There are no bankruptcies reported in the industry, which is a positive indicator for entrepreneurs considering establishing themselves in Elverum.

Future Prospects

The bar industry in Elverum shows signs of stabilization after a sharp decline in 2020. Sales and number of employees have increased since 2022 and have now reached levels higher than in 2016. This indicates that the sector has been affected by external factors such as the pandemic, but has since proven to be resilient. For entrepreneurs, this can be a positive development, especially considering that Brødr Stensby's Eftf As has established itself as a stable actor in the municipality. However, it is important to be aware of the variation in operating profits and number of employees, which can be an indicator of uncertainty in the sector. Entrepreneurs should also consider potential collaboration opportunities with existing companies, which can provide access to established customers and market positioning.

The bar industry in Elverum is a small but dynamic sector with potential for further development. With stabilization of sales and number of employees after 2020, as well as absence of bankruptcies, the sector has proven to be resilient. Entrepreneurs should consider opportunities in an already established industrial core, but must also be aware of the variation in operating profits and number of employees. SmartGrunder can help entrepreneurs find suitable locations and develop strategies that build on existing business in the municipality.