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Street Food in Larvik: Industry Overview and Development

Published 01.10.2026

Analysis of companies, statistics, and the future of street food in Larvik, Vestfold and Telemark

Executive Summary

Other Observations

Larvik is a municipality in Vestfold and Telemark with a rich history and a growing economy. The municipality has good infrastructure and an active business community, making it an attractive place for entrepreneurs.

The street food industry in Larvik is relatively small but growing gradually. There are several players in the industry, and there is a certain degree of variation in organizational forms and scale.

The fast food industry, which is a broader category, has more companies and higher revenue than the street food industry. This may indicate that fast food is a more stable and established industry in the municipality.

The future for street food in Larvik could be positive, but it is important to be aware of the fluctuating revenue and employee numbers. It may be beneficial to analyze the most successful companies in the industry and see what makes them successful.

Economic Overview

Revenue: In 2024, the street food industry in Larvik had revenue of NOK 8.8 million, an increase from 2023 (NOK 8.5 million). This shows stable development in the industry.

Number of employees: The number of employees in the industry has increased from 30 in 2016 to 74 in 2024, but there is a decline in 2025 to 45 employees. This may indicate some uncertainty in the industry, or that some companies have reduced their workforce.

EBITDA margin: The EBITDA margin for the industry is 1% in 2024, lower than in 2023 (1.2%). This may indicate that costs have increased relative to revenue.

Gross margin: The gross margin for the industry is 64% in 2024, higher than in 2023 (63%). This shows that the industry has a good ability to generate income from its products.

Sales over time — street food — Sales over time — street food — Larvik

Number of companies — street food — Number of companies — street food — Larvik

Employees over time — street food — Employees over time — street food — Larvik

Companies in the Industry

Restaurant Vadskjæret As: This company has 28 employees and was established in 2021. It has revenue of NOK 0 and EBITDA of NOK 0. This may indicate that the company is in an early stage or has experienced challenges.

Jappis Kebab & Pizza As: This company has 7 employees and was established in 2021. It has revenue of NOK 0 and EBITDA of NOK 0. This may indicate that the company is in an early stage or has experienced challenges.

Wanna Thai Takeaway As: This company has 7 employees and was established in 2017. It has revenue of NOK 5.1 million and EBITDA of NOK 461,000. This shows that the company has good revenue and a good EBITDA margin.

Smultringbua As: This company has 4 employees and was established in 2019. It has revenue of NOK 1.9 million and EBITDA of NOK 31,000. This shows that the company has good revenue, but a low EBITDA margin.

Kvelde Pizza Da: This company has 2 employees and was established in 2015. It has revenue of NOK 2.5 million and EBITDA of NOK 26,000. This shows that the company has good revenue, but a low EBITDA margin.

Sales by organisation form — street food — Sales by organisation form — street food — Larvik

Employees by organisation form — street food — Employees by organisation form — street food — Larvik

Business Geography

Larvik: In Larvik, the street food industry has 3 companies and 39 employees. Revenue is NOK 1.9 million and EBITDA is NOK 31,000. This shows that the industry has good revenue, but a low EBITDA margin.

Stavern: In Stavern, the street food industry has 1 company and 7 employees. Revenue is NOK 5.1 million and EBITDA is NOK 461,000. This shows that the company has good revenue and a good EBITDA margin.

Kvelde: In Kvelde, the street food industry has 1 company and 2 employees. Revenue is NOK 2.5 million and EBITDA is NOK 26,000. This shows that the company has good revenue, but a low EBITDA margin.

Companies by place — street food — Companies by place — street food — Larvik

Business Dynamics

Bankruptcies: There are no bankruptcies in the street food industry in Larvik. This shows that the industry is relatively stable and that companies have a good ability to survive.

Companies with 0 employees: There are several companies in the industry with 0 employees. This may indicate that the companies are in an early stage or have experienced challenges.

Companies with 0 revenue: There are several companies in the industry with 0 revenue. This may indicate that the companies are in an early stage or have experienced challenges.

Future of Street Food in Larvik

Stable growth: The street food industry in Larvik has shown stable growth in revenue and number of employees. This shows that the industry has a good ability to grow and develop.

Low EBITDA margin: The EBITDA margin for the industry is 1% in 2024, lower than in 2023 (1.2%). This may indicate that costs have increased relative to revenue.

Fast food industry: The fast food industry, which is a broader category, has more companies and higher revenue than the street food industry. This may indicate that fast food is a more stable and established industry in the municipality.

Future: The future for street food in Larvik could be positive, but it is important to be aware of the fluctuating figures in revenue and number of employees. It may be beneficial to analyze the most successful companies in the industry and see what makes them successful.

Future of Fast Food in Larvik

Fast food industry: The fast food industry in Larvik has more companies and higher revenue than the street food industry. This shows that fast food is a more stable and established industry in the municipality.

Revenue: In 2024, the fast food industry in Larvik had revenue of NOK 12.2 million, an increase from 2023 (NOK 11.5 million). This shows stable development in the industry.

Number of employees: The number of employees in the industry has increased from 87 in 2016 to 136 in 2024, but there is a decline in 2025 to 102 employees. This may indicate some uncertainty in the industry, or that some companies have reduced their workforce.

EBITDA margin: The EBITDA margin for the industry is 8.3% in 2024, higher than in 2023 (8.2%). This shows that the industry has a good ability to generate income from its products.

Sales in the parent industry — hurtigmat — Sales in the parent industry — hurtigmat — Larvik

Companies in the parent industry — hurtigmat — Companies in the parent industry — hurtigmat — Larvik

Employees in the parent industry — hurtigmat — Employees in the parent industry — hurtigmat — Larvik

Other companies in hurtigmat (not in street food)

Company	Industry	Address	Sales	Employees	EBITDA
Kebab Og Bakt Potet Service Da	kebab house	Håvardsteinveien 15, 3261 Larvik	NOK 0	0	NOK 0
Mcdonald's Larvik Avd 3	fast food chain	Yttersøveien 2, 3274 Larvik	NOK 0	61	NOK 0

Conclusion

The street food industry in Larvik has shown stable growth in revenue and number of employees. This shows that the industry has a good ability to grow and develop.

The fast food industry, which is a broader category, has more companies and higher revenue than the street food industry. This shows that fast food is a more stable and established industry in the municipality.

Future: The future for street food in Larvik could be positive, but it is important to be aware of the fluctuating figures in revenue and number of employees. It may be beneficial to analyze the most successful companies in the industry and see what makes them successful.

SmartGrunder can help entrepreneurs find addresses in Larvik for the street food industry where it is natural to start a company. We can also help analyze market data and provide advice on how to develop your company.