Industry · municipality
Fast Food Chain in Færder
Analysis of the Industry, Companies, and Prospects in the Municipality of Færder in Vestfold and Telemark
Executive Summary
The fast food chain sector in Færder is a recently started sector with a single registered company. The only actor in the industry, Oriental Food As, was founded in 2023 and has not yet achieved operating results. Although the sector does not have historical sales or employee figures, data from the broader fast food sector in the municipality shows growth in the number of employees and sales over the past few years. This may indicate potential opportunities for future development in the fast food industry in Færder.
Economic Overview
Economic Trends
In the fast food chain sector in Færder, there are no registered sales or employee figures over the past 10 years. There is no registered activity in the form of operating results, wage costs, or EBITDA for the only company in the industry. This indicates that the sector is in an early stage of development.
Comparison with the Fast Food Sector
The broader fast food sector in Færder has shown growth in both the number of employees and sales. From 2016 to 2022, the number of employees increased by 47.1%, and sales increased by 104% during the same period. This shows that there is a degree of activity and growth in the industry, even though the fast food chain sector has not yet contributed to these figures.
Companies in the Industry
Registered Companies
One company is registered in the fast food chain sector in Færder:
| Name | Address | Organizational Form | Founded | Number of Employees | Bankrupt |
|---|---|---|---|---|---|
| Oriental Food As | Smidsrødveien 3A, Nøtterøy | AS | 2023-09-15 | 0 | Not bankrupt |
Organizational Forms
The only company in the industry has chosen the organizational form AS. No other organizational forms are registered in the sector.
Business Geography
Distribution by Sub-District
All activities in the fast food chain sector in Færder are registered in Nøtterøy. The only company, Oriental Food As, has its address at Smidsrødveien 3A in Nøtterøy. There are no registered activities in other sub-districts in the municipality.
Business Dynamics
Operational Dynamics
There are no registered bankruptcies in the fast food chain sector in Færder. The only company, Oriental Food As, is not bankrupt, but has not yet achieved operating results. This may indicate that the sector is in an early stage of development, and that there is potential for future growth.
Development Over Time
All annual figures for the number of employees and sales show 0 for the fast food chain sector in Færder. This indicates that there has been no operational activity in the industry over the past 10 years.
Outlook
Outlook for Entrepreneurs
The fast food chain sector in Færder is in an early stage of development, but there is potential for future growth. The broader fast food sector in the municipality has shown growth in both the number of employees and sales, which may indicate a positive development in the industry as a whole. This can be an advantage for entrepreneurs considering starting a fast food chain in Færder.
Challenges
There are no registered operating results for the only company in the industry, which may indicate that there are challenges in establishing oneself in the sector. Entrepreneurs should therefore consider thoroughly analyzing the market before making decisions to start a business in this sector.
Outlook for the Fast Food Sector
Broader Fast Food Sector
The broader fast food sector in Færder has 8 companies, while the fast food chain sector has only 1 company. This shows that the fast food sector is more developed and has greater activity in the municipality.
Development in the Fast Food Sector
From 2016 to 2022, the number of employees in the fast food sector increased by 47.1%, and sales increased by 104%. This shows that there is a degree of growth and activity in the industry, even though the fast food chain sector has not yet contributed to these figures.
Peer Companies
Below are some of the peer companies in the fast food sector in Færder:
| Name | Address | Industry | Sales | Number of Employees | EBITDA |
|---|---|---|---|---|---|
| Merienda As | Goneveien 73B, 3145 Tjøme | Takeaway | NOK 4.4M | 6 | NOK 1.0M |
| Nøtterø Bakeri & Konditori As Avd Borgheim | Semsveien 1, 3140 Nøtterøy | Bakery | NOK 7.5M | 23 | NOK 252.6K |
| Nøtterø Bakeri & Konditori As Avd Teie | Ørsnesalleen 35, 3120 Nøtterøy | Bakery | NOK 5.2M | 13 | NOK 177.2K |
| Okura Sushi As | Smidsrødveien 46, 3120 Nøtterøy | Takeaway | NOK 4.5M | 8 | NOK 29.0K |
| Nøtterø Bakeri & Konditori As Avd Rødsgata | Rødsgata 8, 3145 Tjøme | Bakery | NOK 0 | 6 | NOK 0 |
| Roar Grimstad | Kirkeveien 364, 3140 Nøtterøy | Bakery | NOK 0 | 0 | NOK 0 |
| Torød Pizza As | Torødveien 45, 3135 | Takeaway | NOK 1.5M | 4 | NOK -18.0K |
Conclusion
The fast food sector in Færder has shown growth in both the number of employees and sales, which may indicate that there is potential for future development in the industry. This can be an advantage for entrepreneurs considering starting a fast food chain in the municipality.
Other companies in hurtigmat (not in fast food chain)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Merienda As | street food | Goneveien 73B, 3145 Tjøme | NOK 4.4M | 6 | NOK 1.0M |
| Nøtterø Bakeri & Konditori As Avd Borgheim | bakery | Semsveien 1, 3140 Nøtterøy | NOK 7.5M | 23 | NOK 252.6K |
| Nøtterø Bakeri & Konditori As Avd Teie | bakery | Ørsnesalleen 35, 3120 Nøtterøy | NOK 5.2M | 13 | NOK 177.2K |
| Okura Sushi As | street food | Smidsrødveien 46, 3120 Nøtterøy | NOK 4.5M | 8 | NOK 29.0K |
| Nøtterø Bakeri & Konditori As Avd Rødsgata | bakery | Rødsgata 8, 3145 Tjøme | NOK 0 | 6 | NOK 0 |
| Roar Grimstad | bakery | Kirkeveien 364, 3140 Nøtterøy | NOK 0 | 0 | NOK 0 |
| Torød Pizza As | street food | Torødveien 45, 3135 | NOK 1.5M | 4 | NOK -18.0K |
Conclusion
The fast food chain sector in Færder is in an early stage of development, but there is potential for future growth. The broader fast food sector in the municipality has shown growth in both the number of employees and sales, which may indicate a positive development in the industry as a whole. Entrepreneurs should consider thoroughly analyzing the market before making decisions to start a business in this sector. SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to establish themselves in Færder.