Street Food in Færder: Industry Overview and Outlook

Industry Overview

The street food industry in Færder is a small but dynamic sector with three registered companies. The three companies operate in three different neighborhoods: Nøtterøy, Tjøme, and Torød. Over the past few years, the industry has shown strong economic growth, with sales increasing from 715,100 NOK in 2016 to 10.3 million NOK in 2025. Employees have also increased, from 7 in 2016 to 22 in 2025, although there have been variations from year to year. The industry has a mix of positive and negative EBITDA margins, showing variations in operating results between companies.

The street food industry in Færder has shown a significant increase in sales over the past few years. From 715,100 NOK in 2016, sales have increased to 10.3 million NOK in 2025, with an average annual growth of 20.5%. Employees have also increased from 7 in 2016 to 22 in 2025, although there have been variations from year to year. The highest sales growth was recorded between 2016 and 2017, with an increase of 193.5%. The EBITDA margin has varied between companies, with the highest margin at 23% for Merienda As in Tjøme and a negative margin of -1% for Torød Pizza As in Torød.

In Færder, there are three companies registered in the street food industry:

1. Okura Sushi As – Operates in Nøtterøy, with 8 employees. The company had sales of 4.5 million NOK in 2023 and an EBITDA of 29,000 NOK.
2. Merienda As – Operates in Tjøme, with 6 employees. The company had sales of 4.4 million NOK in 2023 and an EBITDA of 1 million NOK.
3. Torød Pizza As – Operates in Torød, with 4 employees. The company had sales of 1.5 million NOK in 2023 and an EBITDA of -18,000 NOK.

All companies are organized as AS, showing a standardized organizational form in the industry.

The street food industry in Færder is distributed across three neighborhoods: Nøtterøy, Tjøme, and Torød. Here is a comparison of the three neighborhoods:

Tjøme shows the best economic performance with a high EBITDA margin of 23%, while Torød has a negative EBITDA margin of -1%.

The street food industry in Færder has shown relatively stable development over the past few years, with no bankruptcies registered among the three companies. However, there have been variations in operating results. Torød Pizza As had a negative EBITDA of -18,000 NOK in 2023, showing a weak financial position. Merienda As in Tjøme, on the other hand, has a strong financial position with an EBITDA of 1 million NOK and an EBITDA margin of 23%.

Outlook for the Industry

The street food industry in Færder shows potential for further growth, especially with the high sales growth over the past few years. However, it is important to note the variations in operating results between companies. For entrepreneurs considering starting a company in this industry, it may be beneficial to focus on efficient operations and quality to ensure a positive EBITDA margin. It is also important to consider the competition in the different neighborhoods, especially in Tjøme where Merienda As has a strong market position.

The fast food sector in Færder is a broader category that includes street food and other fast food companies. Over the past few years, sales in the fast food sector have shown stable growth, from 11 million NOK in 2016 to 22.7 million NOK in 2025. Employees have also increased from 36 in 2016 to 52 in 2026. Compared to the street food industry, the fast food sector has more companies and higher sales volume. For example, Nøtterø Bakeri & Konditori As Avd Borgheim has sales of 7.5 million NOK and 23 employees, while Oriental Food As has sales of 0 NOK and 0 employees.

The street food industry in Færder shows potential for further growth, but it is important to be aware of the variations in operating results between companies. For entrepreneurs considering starting a company in this industry, it may be beneficial to focus on efficient operations and quality to ensure a positive EBITDA margin. SmartGrunder can help entrepreneurs find suitable addresses in Færder for this industry, based on natural conditions and market opportunities.