Industry · municipality
Street Food in Grimstad: Industry Analysis and Outlook
A detailed analysis of companies, statistics, and opportunities in the street food industry in Grimstad, with a focus on development and challenges in the municipality and the broader quick service food sector.
Economic Overview
Sales and Employees in the Industry
In Grimstad, sales in the street food industry have been NOK 0 each year from 2016 to 2026, according to available data. This may be due to a lack of reporting or a very small market share from local companies. Employee numbers show a more dynamic development: from 2 employees in 2016, with a significant increase to 16 employees in 2023, followed by 12 employees in 2024. The most significant increase occurred between 2021 and 2022, with a 400% rise.
Reasons for Sales Stagnation
It is unclear from the data why sales have been zero consistently. It may be that companies in the industry do not report sales to public websites, or that they operate in a way that is not recorded in these systems. Nevertheless, employee numbers indicate some activity in the industry, especially in 2022 and 2023.
Companies in the Industry
In Grimstad, four companies are registered in the street food industry. They are:
- Happy Roll (Jerpeveien 1B) – AS organizational form, established 2019, 0 employees.
- Happy Roll As (Jerpeveien 1B) – AS organizational form, established 2019, 0 employees.
- Nye Viet Thai Tom Van Doan (Storgaten 36) – ENK organizational form, established 2010, 0 employees.
- Sub 4 As (Odden 1) – AS organizational form, established 2020, 0 employees.
Organizational Forms
The four companies in the industry are divided into two organizational forms: AS (shareholding company) and ENK (sole proprietorship). The AS organizational form is most common, with three companies, while ENK is represented by one company.
Economic Data
Most companies have no reported sales or operating results. Sub 4 As is the only one with negative operating results (NOK -8.0K) and EBITDA (NOK -8.0K). This may indicate economic challenges for the company.
Business Geography
In Grimstad, street food companies are located at the following addresses:
- Jerpeveien 1B – two companies (Happy Roll and Happy Roll As).
- Storgaten 36 – one company (Nye Viet Thai Tom Van Doan).
- Odden 1 – one company (Sub 4 As).
Concentration in the City Center
Most companies are located in Grimstad city center, especially on Jerpeveien and Storgaten. This may indicate a concentration of street food activity in the city's central areas, which can be beneficial for customers and visitors.
Business Dynamics
Bankruptcies and Economic Challenges
None of the four street food companies in Grimstad are registered as bankrupt, according to the data. Nevertheless, Sub 4 As shows negative operating results (NOK -8.0K) and EBITDA (NOK -8.0K), which may indicate economic challenges for the company. It is unclear whether this is due to individual company challenges or a broader trend in the industry.
Stability in Bankruptcies
No bankruptcies are registered in the industry, indicating that companies in Grimstad have been relatively stable in recent years. This may be an advantage for entrepreneurs considering starting a company in the industry.
Outlook for Entrepreneurs
Rise in Number of Employees
Although sales in the industry have been NOK 0 consistently, employee numbers show some growth, especially between 2021 and 2022. This may indicate some activity in the industry, and that there may be opportunities for entrepreneurs considering starting a company in Grimstad.
Development in the Quick Service Food Industry
In the broader quick service food sector (which includes street food), there has been growth in the number of employees, increasing from 109 employees in 2016 to 127 employees in 2024. This may indicate some growth in the quick service food industry in Grimstad, which may be an advantage for street food entrepreneurs.
Outlook for the Quick Service Food Industry
Growth in the Quick Service Food Industry
In the broader quick service food sector (which includes street food), there has been growth in the number of employees, increasing from 109 employees in 2016 to 127 employees in 2024. This indicates some growth in the quick service food industry in Grimstad, which may be an advantage for street food entrepreneurs.
Sales in the Quick Service Food Industry
Sales in the quick service food industry have been more variable, with an increase from NOK 29.8 million in 2016 to NOK 18.8 million in 2025. This shows that there is some variation in sales, but it is unclear whether this is due to a broader trend or specific company challenges.
Peer Companies in the Quick Service Food Industry
In the quick service food industry in Grimstad, we find the following peer companies:
- Bergshaven Bakeri Og Konditori As Avd Kagehuset Oddensenteret – NOK 7.6 million in sales, 18 employees, EBITDA NOK 529.1K.
- Bergshaven Bakeri Og Konditori As Avd Bakeriutsalg – NOK 7.5 million in sales, 23 employees, EBITDA NOK 525.9K.
- Edgars Bakeri As Avd Grimstad – NOK 4.8 million in sales, 4 employees, EBITDA NOK 455.2K.
- Mcdonald's Grimstad Avd 62 – NOK 0 in sales, 79 employees, EBITDA NOK 0.
Conclusion
The quick service food industry in Grimstad has shown some growth in the number of employees, but sales have been more variable. This may indicate opportunities for street food entrepreneurs, but it is important to be aware of the economic challenges in the industry.
Other companies in hurtigmat (not in street food)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Bergshaven Bakeri Og Konditori As Avd Kagehuset Oddensenteret | bakery | Vesterled 5, 4876 Grimstad | NOK 7.6M | 18 | NOK 529.1K |
| Bergshaven Bakeri Og Konditori As Avd Bakeriutsalg | bakery | Bergemoveien 47, 4886 Grimstad | NOK 7.5M | 23 | NOK 525.9K |
| Edgars Bakeri As Avd Grimstad | bakery | Odden 1, 4876 Grimstad | NOK 4.8M | 4 | NOK 455.2K |
| Homborsund Mat Og Drikke As | bakery | Homborsundveien 139, 4888 | NOK 0 | 0 | NOK 0 |
| Mcdonald's Grimstad Avd 62 | fast food chain | Vesterled 104, 4877 Grimstad | NOK 0 | 79 | NOK 0 |
| Sam Berg As Avd Morterud | bakery | Løkkestredet 4, 4876 Grimstad | NOK 0 | 0 | NOK 0 |
Conclusion
Summary of Development
The street food industry in Grimstad has shown some growth in the number of employees, especially between 2021 and 2022, but sales have been NOK 0 consistently. This may indicate some activity in the industry, but it is unclear whether this is due to a broader trend or specific company challenges.
Opportunities and Challenges
For entrepreneurs, there may be opportunities in the street food industry in Grimstad, especially in central areas such as Jerpeveien and Storgaten. Nevertheless, it is important to be aware of the economic challenges in the industry, as shown by Sub 4 As' negative operating results.
SmartGrunder Can Help
SmartGrunder can help entrepreneurs find suitable addresses in Grimstad for street food companies, based on data and development in the industry. This can be an advantage for entrepreneurs looking to start a company in Grimstad.
Executive Summary
Short Overview of the Street Food Industry in Grimstad
In Grimstad, four companies are registered in the street food industry, with some growth in the number of employees, but sales have been NOK 0 consistently. This may indicate some activity in the industry, but it is unclear whether this is due to a broader trend or specific company challenges.
Outlook for Entrepreneurs
For entrepreneurs, there may be opportunities in the street food industry in Grimstad, especially in central areas such as Jerpeveien and Storgaten. Nevertheless, it is important to be aware of the economic challenges in the industry, as shown by Sub 4 As' negative operating results.
SmartGrunder Can Help
SmartGrunder can help entrepreneurs find suitable addresses in Grimstad for street food companies, based on data and development in the industry. This can be an advantage for entrepreneurs looking to start a company in Grimstad.