The Bar Industry in Narvik: Current Situation and Future Prospects

The bar industry in Narvik shows a mix of stability and dynamism. There are five companies registered in the municipality, with a total of 51 employees and combined sales of 13.8 million NOK in 2025. The EBITDA margin stands at 11%, indicating prudent cost management. The most successful company, Malmen Pub As, reports an operating profit of 1.4 million NOK and an EBITDA of 1.6 million NOK. Meanwhile, data shows that two companies (Trappa Sportsbar As and Tønna Narvik As) have zero sales and employees, which may indicate new or challenging businesses.

Sales and Employee Development

Sales have grown by 15.2% from 2024 to 2025, showing strong growth after a short period of decline in 2023. The number of employees has varied significantly, with a peak of 48 in 2023 and a decline to 34 in 2024 before a new increase in 2026. This may indicate fluctuations in the business or changes in operational strategy.

Registered Companies in the Industry

1. Malmen Pub As (Dronningens gate 60) – AS, founded 1990, 21 employees, operating profit 1.4M NOK, EBITDA 1.6M NOK.
2. Trappa Sportsbar As (Dronningens gate 45) – AS, founded 2022, 21 employees, zero sales and profit.
3. Tønna Narvik As (Malmveien 156) – AS, founded 2025, 9 employees, zero sales and profit.
4. Ballangen Pubdrift As (Sentrumsveien 65) – AS, founded 2026, 0 employees, zero sales and profit.
5. Millejordnes As (Dronningens gate 39) – AS, founded 1990, 0 employees, EBITDA 222,000 NOK.

All companies are organized as AS, indicating a standardized structure in the industry. Millejordnes As has a high EBITDA margin of 63%, despite no reported sales.

Geographic Distribution of the Business

All businesses in the industry are registered in Narvik, with the exception of Ballangen Pubdrift As, which is located in Ballangen. In Narvik, three companies operate with a total of 51 employees and combined sales of 13.8 million NOK. Ballangen has one business, but this has no employees or sales. This shows that Narvik is the main area for the bar industry in the municipality.

Operational Dynamics and Bankruptcy Statistics

None of the registered companies in the industry are bankrupt, indicating relative stability. However, data shows that two companies (Trappa Sportsbar As and Tønna Narvik As) have zero sales and employees, which may indicate operational challenges or new businesses. Millejordnes As has a unique situation with a high EBITDA margin (63%) without sales, which may be due to specific operational conditions or data errors.

Future Prospects for Entrepreneurs

Data shows a generally positive trend in sales and number of employees, with strong growth from 2021 to 2022. The EBITDA margin has remained stable at around 11%, indicating good cost management. For entrepreneurs, this may be a sign of potential opportunities, especially in Narvik where a core business has been established. However, attention should be paid to fluctuations in employee numbers and sales, as well as the challenges shown by Trappa Sportsbar As and Tønna Narvik As. An assessment of location factors and market needs may be crucial for future success.

The bar industry in Narvik shows both opportunities and challenges. With a stable economy and growth in sales, the industry can be attractive for entrepreneurs. At the same time, attention should be paid to fluctuations in operational results and the challenges faced by different businesses. SmartGrunder can help analyze potential locations in the municipality for this industry, with a focus on natural conditions and market prospects.