Industry · municipality
Street Food in Notodden
An analysis of the industry, companies, and outlooks
Executive Summary
Street food in Notodden is a small but dynamic industry with 5 registered companies and 17 employees in 2026. The industry shows both strengths and challenges, with an EBITDA margin of 1% and an average sales volume of 2.1 million NOK for operating companies. At the same time, data on company structure and operating results show that the industry is spread across different organizational forms and has a mix of active and inactive companies. The broader quick-service sector in the municipality has a more stable development, which could provide a basis for future growth in street food.
Economic Overview
Economic Trends
- Sales: Sales in the street food sector rose sharply in 2020 (1.3 million NOK), but have since stagnated or declined. In 2026, no sales are reported from most companies.
- Employees: The number of employees has grown from 1 in 2016 to 17 in 2026, with a 60% increase from 2024 to 2025.
- EBITDA: The only company group reporting EBITDA is Gatebar As, with a margin of 1% and an EBITDA of 35,000 NOK.
- Average figures: Average sales per employee is 125,000 NOK, while average EBITDA per employee is 8,400 NOK.



Companies in the Industry
Registered Companies
- Herligheten Isbar As (Semsvegen 77): AS entity, 9 employees, not in bankruptcy, but with 0 sales and 0 operating result.
- Gatebar As (Storgata 24): AS entity, 7 employees, reports 2.1 million NOK in sales and 35,000 NOK in EBITDA.
- B&d Kiran (Storgata 24): ENK entity, 0 employees, no sales or operating result.
- Fast On Eva As (Storgata 74): AS entity, 0 employees, no sales.
- Stolar Frantisek (Hitterdalsvegen 28B): ENK entity, 0 employees, no sales.
Organizational Forms
- AS: 2 companies, 16 employees, 2.1 million NOK in sales.
- ENK: 3 companies, 0 employees, 0 sales.
Business Geography
Geographic Distribution
- Notodden: The only area with activity in the street food industry. Here there are 2 companies and 16 employees. Sales and operating results are mainly linked to Gatebar As, while other companies have 0 sales.
- No details about other areas: No activity has been reported in other districts or places in the municipality.

Business Dynamics
- Bankruptcies: Only one company (Herligheten Isbar As) is in bankruptcy, but it has no sales or operating result.
- Operating Results: Most companies have 0 sales and 0 operating result. Gatebar As is the only one with positive operations.
- Employees: The number of employees has been unstable, with a sharp increase from 12 in 2022 to 13 in 2023, followed by a decline to 10 in 2024 before rising to 17 in 2026.
- Sales: Sales rose sharply in 2020, but have not been as stable since.
Outlook
Outlook for Entrepreneurs
- Strengths: The street food industry in Notodden has potential in the form of a growing quick-service sector and an increasing population in the municipality. Gatebar As shows that it is possible to achieve operating results in the industry.
- Challenges: Most companies have 0 sales or are in bankruptcy, which shows a high risk for new starters. There is also a large variation in operating results and number of employees.
- Recommendation: Entrepreneurs should consider focusing on stable markets and cooperating with existing companies to reduce risk. SmartGrunder can help find suitable locations in Notodden for this industry.
Outlook for the Quick-Service Sector
Quick-Service Sector in Notodden
- Larger Sector: The quick-service sector has 11 companies and 80 employees in 2026, compared to 5 companies and 17 employees in street food.
- Sales: The quick-service sector had 15.3 million NOK in sales in 2025, while street food had 0 sales from most companies.
- Peer Companies: Examples of companies in the quick-service sector that are not in street food:
- Bk Notodden As (Nesøya 2): 4 employees, 15.6 million NOK in sales, 1.3 million NOK in EBITDA.
- McDonalds' Tuven (Tuvenbøygen 2): 27 employees, 0 sales, 0 EBITDA.
- Conclusion: The quick-service sector has a more stable development, which could provide a basis for future growth in street food.



Other companies in hurtigmat (not in street food)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Bk Notodden As | fast food chain | Nesøya 2, 3674 Notodden | NOK 15.6M | 4 | NOK 1.3M |
| Aasmundsens Bakeri Telemarksbakern Efft As Avd Tuven | bakery | Tuvensenteret|Tuvenbøygen 2, 3676 Notodden | NOK 7.0M | 14 | NOK 480.6K |
| Aasmundsens Bakeri Telemarksbakern Efft As Avd Notodden | bakery | Storgata 42, 3674 Notodden | NOK 3.8M | 1 | NOK 259.4K |
| Topp Kebab As | kebab house | Storgata 36, 3674 Notodden | NOK 1.2M | 10 | NOK 41.0K |
| Mcdonalds' Tuven | fast food chain | Tuvenbøygen 2, 3676 Notodden | NOK 0 | 27 | NOK 0 |
| Ole Henning Skogen | bakery | Torrudmoen 21, 3691 Gransherad | NOK 0 | 0 | NOK 0 |
Conclusion
Street food in Notodden is an industry with both opportunities and challenges. With 5 companies and 17 employees in 2026, the industry shows potential, but there is also a high degree of uncertainty in the form of bankruptcies and unstable operating results. The broader quick-service sector in the municipality has a more stable development, which could provide a basis for future growth. Entrepreneurs should consider focusing on stable markets and cooperating with existing companies to reduce risk. SmartGrunder can help find suitable locations in Notodden for this industry.