Industry · municipality
Street Food in Ringerike: Industry Overview and Outlook
Analysis of the current state and future opportunities for the street food sector in Ringerike municipality
Brief overview of street food in Ringerike
Street food in Ringerike is a dynamic sector with 7 registered companies in the municipality. In recent years, the industry has shown stable sales growth, with an annual increase of 9.0% from 2024 to 2025. Employment development has been more variable, with a decline of 24.5% from 2022 to 2023, but an increase of 7.7% from 2024 to 2025. Hønefoss remains the main hub for the industry, with 6 of the 7 companies. The sector has a good mix of organizational forms, including both ASs and ENKs. There are no bankruptcy registrations among companies in the municipality, indicating a stable sector. The parent category of fast food has a broader context, with 12 companies in the municipality, and shows a different dynamic compared to street food.
Economic overview
Sales development
From 2016 to 2025, sales in street food in Ringerike increased from NOK 17.3 million to NOK 28.1 million, with an average annual growth of 6.4%. The most significant increase was from 2024 to 2025, with a growth of 9.0%. This shows strong growth in the most recent period.
Employment development
Employment development has been more variable. There was a decline from 2022 to 2023 (24.5%), but an increase from 2024 to 2025 (7.7%). The total number of employees in 2025 is 42, which is an increase compared to 2024 (39).
Companies in the sector
Registered companies
The following companies are registered in the street food sector in Ringerike:
| Company | Address | Organizational form | Number of employees | Sales (NOK) | EBITDA (NOK) |
|---|---|---|---|---|---|
| Ullerål Kiosk & Gatekjøkken As | Hønengata 80A, Hønefoss | AS | 42 | 25.7M | 2.6M |
| Chicken Corner As | Storgata 8, Hønefoss | AS | 3 | 2.9M | 205.0K |
| Alshaleh Proffi | Glederudveien 53, Hønefoss | ENK | 0 | 0 | 0 |
| Rix Gatukjøkken. | Telegrafalleen 6, Hønefoss | ENK | 0 | 0 | 0 |
| Shahla Shakil Slice N Spice | Hønengata 18F, Hønefoss | ENK | 0 | 0 | 0 |
| Thaimat Take Away Suparat Sila | Ådalsveien 155A, Hallingby | ENK | 0 | 0 | 0 |
| Tony Meier | Osloveien 34B, Hønefoss | ENK | 0 | 0 | 0 |
Organizational forms
The sector has a mix of organizational forms, with 2 ASs and 5 ENKs. ASs have a higher average sales (NOK 28.6M) compared to ENKs (NOK 0).
Business geography
Distribution by city/place
Hønefoss is the main hub for street food in Ringerike, with 6 of the 7 companies. Hallingby has 1 company. The distribution shows that Hønefoss is the most central area for the sector in the municipality.
Business dynamics
Bankruptcies and dynamics
There are no bankruptcies registered among companies in the street food sector in Ringerike. This indicates a stable sector with low risk of bankruptcy. The dynamics of the sector show growth in sales and number of employees in recent years, with a sales increase of 9.0% from 2024 to 2025 and a 7.7% increase in the number of employees from 2024 to 2025.
Outlook for entrepreneurs
Street food in Ringerike shows positive development, with increasing sales and stable number of employees. The most recent sales growth (9.0% from 2024 to 2025) and the increasing number of employees (7.7% from 2024 to 2025) indicate a growing sector. Hønefoss remains the main hub, which can be an advantage for new companies. There are no bankruptcies, indicating a stable sector. Entrepreneurs should consider establishing themselves in Hønefoss, where there is existing infrastructure and a high number of employees in the sector.
Outlook for fast food
Comparison with fast food
The parent category of fast food in Ringerike has 12 companies, which is more than the 7 in street food. Sales in fast food have grown from NOK 36.7M in 2016 to NOK 62.6M in 2025, with an average annual growth of 6.4%. Employment development in fast food has been more variable, with a decline of 29.6% from 2022 to 2023, but an increase of 17.7% from 2024 to 2025. This shows that fast food has a different dynamic compared to street food. Peer companies in fast food include Kinahavet As (NOK 28.0M in sales) and Kanel Kuben Hønefoss (NOK 9.4M in sales).
Other companies in hurtigmat (not in street food)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Kinahavet As | fast food chain | Kong Rings gate 1, 3510 Hønefoss | NOK 28.0M | 25 | NOK 4.1M |
| Kanel Kuben Hønefoss | bakery | Kong Rings gate 1, 3510 Hønefoss | NOK 9.4M | 20 | NOK 441.3K |
| Badedrift V/carl Ivar Balstad | bakery | Owrens gate 32, 3510 Hønefoss | NOK 0 | 0 | NOK 0 |
| Dragen Food As | fast food chain | Kong Rings gate 1, 3510 Hønefoss | NOK 0 | 7 | NOK 0 |
| Mcdonald's Hønefoss Avd 117 | fast food chain | Osloveien 79, 3511 Hønefoss | NOK 0 | 0 | NOK 0 |
Conclusion
Street food in Ringerike shows positive development with increasing sales and a stable number of employees. Hønefoss remains the main hub for the sector, which can be an advantage for new companies. Entrepreneurs should consider establishing themselves in Hønefoss, where there is existing infrastructure and a high number of employees in the sector. SmartGrunder can help entrepreneurs find suitable addresses in Ringerike for this sector.