Street Food in Tromsø

Street food in Tromsø is a dynamic industry with 15 registered companies and over 100 employees. The industry has shown variable growth over the years, with a peak in 2024 followed by a decline in 2025. EBITDA margins stand at 7% for the entire industry, with variations between locations. AS companies dominate the organizational forms, but ENKs and DAs are also present. The industry has not registered any bankruptcies, but shows variations in profitability and operating results.

Over time, street food in Tromsø has shown a complex development. Sales increased from NOK 12.5 million in 2016 to NOK 31.2 million in 2024, before declining to NOK 27.1 million in 2025. The number of employees peaked at 114 in 2023, but dropped to 86 in 2026. EBITDA margins have varied between 0% and 8%, with an average margin of 7%. The industry has a high average gross margin of 67%, but operating results have been more variable.

The key companies in the industry include:

• Amtmandens As (Tromsø): 27 employees, NOK 14.7 million operating income, NOK 1.3 million EBITDA
• Burgerman Kvaløysletta Da (Kvaløysletta): 20 employees, NOK 3.9 million operating income, NOK 325,000 EBITDA
• Midgard Kroken As (Krokelvdalen): 4 employees, NOK 4.3 million operating income, NOK 72,000 EBITDA
• Asian Healty Foods As (Tromsø): 4 employees, NOK 6.5 million operating income, NOK 408,000 EBITDA

Organizational forms are distributed as 4 ASs, 3 ENKs, and 1 DA. No companies are registered as bankrupt, but some have negative EBITDA values or low margins.

Geographic distribution shows that:

1. Tromsø (4 companies, 50 employees): NOK 21.2 million operating income, NOK 1.7 million EBITDA, 67% gross margin
2. Kvaløysletta (2 companies, 24 employees): NOK 9.2 million operating income, NOK 340,000 EBITDA, 59% gross margin
3. Krokelvdalen (1 company, 4 employees): NOK 4.3 million operating income, NOK 72,000 EBITDA, 51% gross margin
4. Tromsdalen (1 company, 0 employees): No operating result

Tromsø is the most active area with both the highest number of companies and employees.

The industry has not registered any bankruptcies, but shows variations in profitability. Pizzahuset Kvaløya As has negative EBITDA (NOK -15,000) and La Speranza As has an EBITDA margin of -10%. This shows that some companies face challenges, even though the industry is generally stable. There are no bankruptcies, but some companies have low operating results or negative values.

For entrepreneurs in Tromsø, the street food industry is both an opportunity and a challenge. Sales had strong growth until 2024, but dropped 13.2% in 2025. This may indicate increased bankruptcies or a decline in customers. Kvaløysletta and Tromsø are the most active, but competition is fierce. Entrepreneurs should consider unique offerings and strategic positioning. SmartGrunder can help find optimal addresses in Tromsø for this industry.

Compared to the fast food industry in Tromsø (29 companies), street food shows less development. Fast food has higher sales (NOK 105.6 million in 2025) and more employees (270 in 2026). Peer companies include McDonald's (NOK 135.1 million sales) and Burger King (NOK 0 sales). Street food has a lower average EBITDA (7%) compared to fast food (not provided). This shows that fast food is a more stable and larger industry, while street food has more variation.

Street food in Tromsø is an industry with potential, but with challenges in the form of bankruptcy risk and variable profitability. Sales had strong growth until 2024, but declined in 2025. Tromsø and Kvaløysletta are the most active, but competition is fierce. Entrepreneurs should consider unique offerings and strategic positioning. SmartGrunder can help find optimal addresses in Tromsø for this industry.