Industry · municipality
Street Food in Kragerø
Analysis of Companies, Statistics, and Prospects for Entrepreneurs and Local Decision-Makers in Kragerø
Economic Development in the Industry
Economic Overview
Sales Development:
- 2025: NOK 7.3 million (+0.5% increase from 2024)
- 2024: NOK 7.3 million (+23.2% increase from 2023)
- 2023: NOK 5.9 million (+7.4% increase from 2022)
Wage Development:
- 2026: 15 employees (+66.7% increase from 2025)
- 2025: 9 employees (+12.5% increase from 2024)
- 2024: 8 employees (-27.3% decrease from 2023)
Average Sales per Employee:
- 2025: NOK 814,000 (decrease from 2024)
- 2024: NOK 911,000 (increase from 2023)
Margins:
- Gross margin ranges between 54-65% for the two most representative companies
- EBITDA margin varies between 0% and 7% in 2025
Companies in the Street Food Industry
Companies in the Industry
Registered Companies (5 total):
| Name | Location | Legal Form | Employees | Sales (2025) | EBITDA (2025) |
|---|---|---|---|---|---|
| Smaken Av Jomfruland As | Jomfruland | AS | 23 | NOK 4.2M | NOK 6.0K |
| Kragerø Thaimat As | Kragerø | AS | 4 | NOK 3.2M | NOK 251.0K |
| Omarr Omar | Sannidal | ENK | 0 | NOK 0 | NOK 0 |
| Popup As | Kragerø | AS | 0 | NOK 0 | NOK 12.0K |
| Roxy Gatekjøkken Og Videoutleie Warda Eisho | Kragerø | ENK | 0 | NOK 0 | NOK 0 |
Legal Form Statistics:
- AS (2 companies): 27 employees, NOK 7.4M in sales, 3% EBITDA margin
- ENK (3 companies): 0 employees, NOK 0 in sales, 0% EBITDA margin
Distribution of Businesses in the Municipality
Business Geography
Distribution by Location in the Municipality (2 total):
| Location | Number of Companies | Employees | Sales (2025) | EBITDA (2025) |
|---|---|---|---|---|
| Jomfruland | 1 | 23 | NOK 4.2M | NOK 6.0K |
| Kragerø | 1 | 4 | NOK 3.2M | NOK 251.0K |
More Details About Locations:
- Jomfruland: 6% sales growth, -3% operating margin, 0% EBITDA margin
- Kragerø: -10% sales growth, 6% operating margin, 7% EBITDA margin
Operational Statistics and Bankruptcies
Business Dynamics
Bankruptcies and Operational Statistics:
- No bankruptcies registered among the 5 companies in the industry
- Popup As has negative equity (NOK -19.0K) and high debt (NOK 97.0K)
- Omarr Omar and Roxy Gatekjøkken have no operational results or sales
Operational Results:
- Smaken Av Jomfruland As has negative operating result (-NOK 169.0K) but high gross profit (NOK 2.3M)
- Kragerø Thaimat As has positive operating result (NOK 198.0K) and high gross profit (NOK 2.1M)
Outlook for New Companies
Outlook for Entrepreneurs
Positive Signals:
- Stable sales in 2024-2025 (NOK 7.3M) with good growth since 2018
- Increasing number of employees (from 2 in 2016 to 15 in 2026)
- High bankruptcy safety – no bankruptcies registered in the industry
External Challenges:
- Low EBITDA margin (0-7%) for the most representative companies
- Varied operational results between companies (from -NOK 169.0K to +NOK 198.0K)
- Different legal forms with varying financing (AS vs ENK)
Recommendation:
- Focus on stable sales channels and cost control
- Consider location in Kragerø for better operating margins
- Develop unique quality products to increase EBITDA margin
Outlook for the Fast Food Sector
Contrast to the Street Food Industry:
- Fast food sector has 6 companies total (street food has 5)
- Similar sales development (NOK 7.3M in 2025 for both sectors)
- Similar employee development (15 employees in 2026 for both sectors)
Peer Companies in the Fast Food Sector:
| Name | Location | Sales (2025) | Employees | EBITDA (2025) |
|---|---|---|---|---|
| Frost | Kragerø | NOK 0 | 0 | NOK 0 |
Recommendation:
- Fast food sector has more companies, but street food industry has better operating margins in Kragerø
- Consider specialization in street food to leverage higher operating margins (6-7%) compared to the fast food sector
Other companies in hurtigmat (not in street food)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Frost | bakery | Storgata 4, 3770 Kragerø | NOK 0 | 0 | NOK 0 |
Conclusion
The street food industry in Kragerø shows stable sales figures (NOK 7.3M in 2025) and increasing number of employees (15 in 2026). Although EBITDA margins are low (0-7%), no bankruptcies are registered in the industry. With stable sales channels and good growth since 2018, the industry can be a good choice for entrepreneurs seeking stable businesses with focus on quality and cost control. At the same time, the fast food sector in the municipality shows that the street food industry has better operating margins, which can be an advantage for new companies.