Industry · municipality
The Bar Industry in Verdal: Current Status and Future Prospects
An analysis of companies, statistics, and opportunities for entrepreneurs in Verdal municipality in the Trøndelag county.
Executive Summary
The bar industry in Verdal has experienced a highly dynamic development in recent years. From 2016 to 2019, the industry had a brief increase in the number of employees, reaching a peak of 9 employees in 2019. Subsequently, there was a total decline to zero employees from 2020 onward. This indicates an industry in crisis, with no activities today. At the same time, data from the broader category bar / club shows that there is some activity in this part of the industry, with a few companies that have managed to survive, despite negative economic results.
Economic Overview
Economic data for the bar industry in Verdal
| Year | Sales (NOK) | Number of Employees |
|---|---|---|
| 2016 | 0 | 0 |
| 2017 | 0 | 1 |
| 2018 | 0 | 4 |
| 2019 | 0 | 9 |
| 2020–2026 | 0 | 0 |
The data shows that the bar industry had a brief increase in the number of employees from 2017 to 2019, with a rise of +300% from 2017 to 2018 and +125% from 2018 to 2019. Subsequently, there was a total decline to zero employees in 2020 and onward. Sales have been zero throughout, indicating that there have been no activities in the industry after 2019.
Companies in the Industry
Companies in the bar industry in Verdal
There are no registered companies in the bar industry in Verdal after 2019. The only company that has been active in this industry is Circum Bar As, which belongs to the broader category bar / club. This company has the following characteristics:
- Location: Nordgata 3, 7650 Verdal
- Number of employees: 18
- Sales: NOK 0
- EBITDA: NOK -19.0K
Circum Bar As is a pub and has been active in the industry, despite having negative economic results. However, there are no companies in the exact bar industry (NACE code 5112) that are active in Verdal.
Geographic Distribution
Geographic distribution of activity
There are no available data on the distribution of the bar industry across different neighborhoods or locations in Verdal. There is no registered activity in this industry in the municipality, and therefore it is not possible to provide a detailed overview of where the activity has been located.
Dynamics and Bankruptcy Statistics
The bar industry in Verdal has been marked by a total decline in activity from 2020 onward. There are no registered bankruptcies in this industry in the municipality, but there are also no companies that have been active in the industry after 2019. This indicates that the industry has been in crisis, with no companies that have managed to survive. The only company in the broader category bar / club has negative economic results, which may be an indication of weak economic conditions in the industry.
Outlook
Outlook for Entrepreneurs
For entrepreneurs considering starting a bar in Verdal, the data shows a very challenging market. There is no activity in the industry, and there are no companies that have been registered in this industry after 2019. This indicates that there is no stable market for the bar industry in Verdal. However, it may be possible to explore the broader category bar / club, which has some companies that have managed to survive, despite having negative economic results. Entrepreneurs should therefore consider exploring opportunities in this broader category, and consult SmartGrunder to find out which addresses may be most profitable for a new bar in Verdal.
Outlook for the Broader Category
Outlook for the broader category bar / club
The broader category bar / club has a better dynamic than the exact bar industry. In this category, there has been an increase in the number of employees from 2022 to 2026, with an increase of +25% from 2025 to 2026. This shows that there are some companies in this category that have managed to survive, despite having negative economic results. An example of such companies is Circum Bar As, which has 18 employees and an EBITDA of NOK -19.0K. This company is a pub and has been active in the industry, despite having negative economic results. Entrepreneurs should therefore consider exploring opportunities in this category, and consult SmartGrunder to find out which addresses may be most profitable for a new bar in Verdal.
Other companies in bar / klubb (not in bar)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Circum Bar As | pub | Nordgata 3, 7650 Verdal | NOK 0 | 18 | NOK -19.0K |
Conclusion
The bar industry in Verdal has been marked by a highly dynamic development in recent years, with a brief increase in the number of employees from 2017 to 2019, and subsequently a total decline to zero employees from 2020 onward. There are no companies in this industry that are active in Verdal, and there are no registered bankruptcies. This indicates that the industry has been in crisis, and there are no activities in the industry today. However, there are some companies in the broader category bar / club that have managed to survive, despite having negative economic results. Entrepreneurs should therefore consider exploring opportunities in this category, and consult SmartGrunder to find out which addresses may be most profitable for a new bar in Verdal.