Industry · municipality
Street Food in Lyngdal: Industry Overview and Outlook
Analysis of companies, sales, employees, and opportunities for entrepreneurs in Lyngdal, Agder, Norway
Economic Overview
Sales Development:
- 2023: NOK 5.2 million (highest level)
- 2024: NOK 395.8K (decrease of 92.4 %)
- 2017→2023: Increase from NOK 3.5 million to NOK 5.2 million
Employees:
- 2023: 6 employees (highest level)
- 2024: 3 employees (decrease of 50.0 %)
- 2017→2023: Increase from 4 to 6 employees
Table: Annual Development
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 634.4K | 0 |
| 2017 | 3.5M | 4 |
| 2018 | 3.3M | 5 |
| 2019 | 4.0M | 3 |
| 2020 | 3.8M | 4 |
| 2021 | 4.6M | 3 |
| 2022 | 5.0M | 4 |
| 2023 | 5.2M | 6 |
| 2024 | 395.8K | 3 |
Critical Points:
- Largest sales decline in 2024 (92.4 %) compared to 2023
- Employees have decreased by 50.0 % from 2023 to 2024
- Largest sales increase in 2017 (451.6 %) from 2016
Companies in the Industry
Registered Companies (3 total):
- Dragonvogn Manjan (Stasjonsgata 12, Lyngdal)
- Organisational form: ENK
- Founded: 2024-02-19
- Employees: 0
- Sales: NOK 0
- EBITDA: NOK 0
- Original Thai Nichanan Sudland (Alleen, Lyngdal)
- Organisational form: ENK
- Founded: 2017-05-01
- Employees: 0
- Sales: NOK 0
- EBITDA: NOK 0
- Piri Piri Lyngbygg As (Stasjonsgata 12, Lyngdal)
- Organisational form: AS
- Founded: 2018-12-04
- Employees: 0
- Sales: NOK 0
- EBITDA: NOK -18.0K
Organisational Forms:
- ENK (Sole Proprietorship): 2 companies
- AS (Limited Company): 1 company
Critical Points:
- Piri Piri Lyngbygg As has negative EBITDA (NOK -18.0K)
- No companies have positive sales in 2024
Business Geography
Distribution by Location in Lyngdal:
- Stasjonsgata 12: 2 companies (Dragonvogn Manjan, Piri Piri Lyngbygg As)
- Alleen: 1 company (Original Thai Nichanan Sudland)
Critical Points:
- Concentration of companies on Stasjonsgata 12
- No data on other locations in the municipality
Business Dynamics
Bankruptcies and Financial Challenges:
- No bankruptcies registered among companies in the industry
- Piri Piri Lyngbygg As has negative operating income (NOK -118.0K) and EBITDA (NOK -18.0K)
- Original Thai Nichanan Sudland and Dragonvogn Manjan have no operating income or EBITDA
Critical Points:
- One company's EBITDA is negative
- No companies have positive sales in 2024
Outlook
Outlook for Entrepreneurs
Short-term Challenges:
- Large sales decline in 2024 (92.4 %) compared to 2023
- Fewer employees in 2024 (3) compared to 2023 (6)
- No companies have positive sales in 2024
Long-term Opportunities:
- Higher sales in 2023 (NOK 5.2 million) indicate potential
- More employees in 2023 (6) indicate growth
- The fast food sector in the municipality is growing (see parent_outlook)
Recommendation:
- Establish companies with greater capacity to handle crises
- Focus on innovation and cost management
- Develop stable income streams
Outlook for the Fast Food Sector
Contrast between fast food and street food:
- Fast food sector has 6 companies in the municipality (street food has 3 companies)
- Sales in the fast food sector have grown from NOK 10.7 million in 2016 to NOK 33.8 million in 2025
- Employees in the fast food sector have grown from 30 in 2016 to 72 in 2026
Peer companies in the fast food sector:
| Name | Address | Sales (NOK) | Employees | EBITDA (NOK) |
|---|---|---|---|---|
| Knøtten Kro As | Skolegata 7, 4580 Lyngdal | 23.1M | 55 | 3.0M |
| Edgars Bakeri As Avd Handelsparken Lyngdal | Fiboveien 1, 4580 Lyngdal | 7.5M | 17 | 719.8K |
| Edgars Bakeri As Avd Lyngdal Sentrum | Grøndokka 1, 4580 Lyngdal | 4.8M | 11 | 455.2K |
Critical Points:
- Fast food sector is growing by 12.9 % in 2025 compared to 2024
- Peer companies in the fast food sector have higher sales and EBITDA than street food companies
Other companies in hurtigmat (not in street food)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Knøtten Kro As | bakery | Skolegata 7, 4580 Lyngdal | NOK 23.1M | 55 | NOK 3.0M |
| Edgars Bakeri As Avd Handelsparken Lyngdal | bakery | Fiboveien 1, 4580 Lyngdal | NOK 7.5M | 17 | NOK 719.8K |
| Edgars Bakeri As Avd Lyngdal Sentrum | bakery | Grøndokka 1, 4580 Lyngdal | NOK 4.8M | 11 | NOK 455.2K |
Conclusion
Summary:
- Street food industry in Lyngdal has grown from 0 employees in 2016 to 6 employees in 2023
- Highest sales in 2023 (NOK 5.2 million), but largest decline in 2024 (92.4 %)
- Fast food sector in the municipality is growing by 12.9 % in 2025
Opportunities and Challenges:
- Opportunities: Growth in fast food sector, potential for innovation
- Challenges: Large sales decline in 2024, fewer employees
Recommendation:
- Establish companies with greater capacity to handle crises
- Focus on innovation and cost management
- Develop stable income streams
SmartGrunder can help:
- Analysis of locations in Lyngdal for the street food industry
- Follow-up on outlooks and opportunities in the municipality
Executive Summary
Short-term Challenges:
- Large sales decline in 2024 (92.4 %) compared to 2023
- Fewer employees in 2024 (3) compared to 2023 (6)
- No companies have positive sales in 2024
Long-term Opportunities:
- Higher sales in 2023 (NOK 5.2 million) indicate potential
- More employees in 2023 (6) indicate growth
- Fast food sector in the municipality is growing (see parent_outlook)
Recommendation:
- Establish companies with greater capacity to handle crises
- Focus on innovation and cost management
- Develop stable income streams