Street Food in Narvik: Industry Overview and Outlook

Street food in Narvik is a small but dynamic industry with three registered companies and 16 employees in 2026. The industry has shown strong growth in the number of employees since 2023, with an increase of 133.3% from 2023 to 2024. Although sales in 2020 fell by 87.8% compared to 2019, there has been a gradual increase in the number of employees and stabilization in recent years. This suggests a potential growth path for future entrepreneurs, especially considering the broader fast-food sector in the municipality, which shows stronger sales growth.

Sales for street food companies in Narvik experienced a sharp decline of 87.8% from 2019 to 2020, from NOK 3.0 million to NOK 369,349. This can be attributed to external factors such as the pandemic in 2020. The number of employees, however, has shown a more stable development, increasing from 6 employees in 2019 to 16 employees in 2026. The most significant increase occurred from 2023 to 2024, with +133.3%, indicating a growing interest in the industry within the municipality.

In Narvik, there are three registered companies within the street food sector:

The organizational forms are distributed as two AS companies and one ENK. None of the companies are registered in bankruptcy. There are no details about operating results or EBITDA for these companies in the data.

All street food businesses in Narvik are located in the municipality's main city, Narvik. There are no underlying geographical areas or districts that have activity in this industry. This suggests that the industry is centrally located in the municipality's center, which can be an advantage for accessibility and market share.

There are no registered bankruptcies for street food companies in Narvik in the data range. This is a positive indicator for the industry's stability. Although sales fell sharply in 2020, the number of employees has shown a gradual increase since 2023, indicating that the companies have managed to adapt to market conditions.

For entrepreneurs considering starting a street food activity in Narvik, the data suggest a potential growth path. The strong increase in the number of employees since 2023 and the stable presence of companies in the industry can indicate a growing market. However, it is important to be aware of the sharp sales decline in 2020, which can be linked to external factors. Entrepreneurs should also consider the broader fast-food sector in the municipality, which shows stronger sales growth and a larger number of companies.

The broader fast-food sector in Narvik has shown stronger sales growth compared to street food. Sales for fast-food companies in the municipality increased by 80.2% from 2024 to 2025, from NOK 23.0 million to NOK 41.4 million. This is a significant increase compared to street food sales, which had a decline of 87.8% in 2020. In the fast-food sector, seven companies are registered, three of which are within street food. The other four companies in the fast-food sector include chain-structured businesses and bakeries, such as McDonald's Narvik and Steinovnsbakeriet. These companies have higher sales and EBITDA compared to street food companies, indicating that the fast-food sector has greater economic capacity and variety in business models.

Street food in Narvik is a small but growing industry with potential for further development. With an increase in the number of employees and a stable presence of companies, as well as a positive development in the broader fast-food sector, the municipality can be an attractive place for entrepreneurs. However, it is important to be aware of external challenges that can affect sales, as seen in 2020. SmartGrunder can help entrepreneurs find suitable addresses and locations in Narvik for this industry, based on local conditions and market prospects.