The Coffee Industry in Larvik: Current Status and Outlook

Overview of the Coffee Industry in Larvik

The coffee industry in Larvik is a small but growing sector with a single business: Espresso House Norge As. This business has shown significant growth in both employee numbers and sales revenue over the past few years. With 11 employees and annual revenues of 6.2 million NOK in 2025, the data indicates a stable and growing business. The industry is part of the broader restaurant/cafe sector in Larvik, which has a total of 97 businesses, showing that the coffee industry is a small but important part of this larger sector.

Sales Development:

• 2018: 746,700 NOK
• 2025: 6.5 million NOK (increase of 26.1% from 2024)

Employee Development:

• 2018: 1 employee
• 2026: 11 employees (increase of 22.2% from 2025)

Key Figures for Espresso House Norge As (2025):

• EBITDA: 308,100 NOK
• EBITDA margin: 4%
• Sales growth: 3%
• Gross profit: 387.4 million NOK (high margin of 6289%)

Conclusion: The coffee industry in Larvik has shown strong economic results, with both high sales growth and increasing employee numbers. The business has a high gross profit, but a lower EBITDA margin, which may be due to high operating costs or competitiveness in the sector.

Espresso House Norge As is the only business in the coffee industry in Larvik. It is registered as an AS (Anonym Aksjeselskap) and has the following details:

• Incorporation Year: 2018
• Number of Employees: 11
• Location: Yttersøveien 2, Larvik
• Organization Number: 920.6M
• Bankruptcy Status: Not bankrupt
• Postal Code: 3.3K
• Municipality: Larvik
• County: Vestfold og Telemark
• Industry: Coffee
• Operating Income: 6.2 million NOK
• Sales Revenue: 6.2 million NOK
• Wage Costs: 2.6 million NOK
• Operating Result: 61,900 NOK
• EBITDA: 308,100 NOK
• Gross Profit: 387.4 million NOK
• Equity: 778,900 NOK
• Debt: 1.6 million NOK
• Sales Growth: 3%
• EBITDA Margin: 4%
• Operating Income per Employee: 660,100 NOK
• EBITDA per Employee: 32,800 NOK

Organizational Form Statistics:

• AS: 1 company, 11 employees, 6.2 million NOK operating income, 6.2 million NOK sales revenue, 2.6 million NOK wage costs, 61,900 NOK operating result, 308,100 NOK EBITDA, 387.4 million NOK gross profit, 778,900 NOK equity, 1.6 million NOK debt, 3% sales growth, 4% EBITDA margin, 660,100 NOK operating income per employee, 32,800 NOK EBITDA per employee, 6289% gross margin, 0% operating margin.

Activity in Larvik:

• Larvik: 1 company, 11 employees, operating income of 6.2 million NOK, sales revenue of 6.2 million NOK, wage costs of 2.6 million NOK, operating result of 61,900 NOK, EBITDA of 308,100 NOK, gross profit of 387.4 million NOK, equity of 778,900 NOK, debt of 1.6 million NOK, sales growth of 3%, EBITDA margin of 4%, operating income per employee of 660,100 NOK, EBITDA per employee of 32,800 NOK, gross margin of 6289%, operating margin of 0%.

Location Precision:

• Yttersøveien 2, Larvik: Espresso House Norge As Department 849 Nordbyen.

Bankruptcies in the Industry:

• No bankruptcies registered for the coffee industry in Larvik. Espresso House Norge As is not bankrupt, showing a stable business.

Development Over Time:

• Employees: Increased from 1 in 2018 to 11 in 2026 (increase of 22.2% from 2025).
• Sales Revenue: Increased from 746,700 NOK in 2018 to 6.5 million NOK in 2025 (increase of 26.1% from 2024).

Conclusion: The coffee industry in Larvik has shown stable growth and no bankruptcies, indicating a robust sector with good competitiveness and operational safety.

Outlook for Entrepreneurs

Growth Potential:

• The coffee industry in Larvik has shown strong economic results, with both high sales growth and increasing employee numbers. The business has a high gross profit, showing good competitiveness.

Competitiveness:

• With only one business in the industry, there is potential for new players. However, there may be challenges related to achieving the same level of operational efficiency and market share as Espresso House Norge As.

Recommendation:

• Entrepreneurs should consider establishing themselves in Larvik, but must be prepared for competition from existing businesses and the need to maintain high quality and efficient operations.

Outlook for the Broader Restaurant/Cafe Sector

Larger Sector:

• The broader restaurant/cafe sector in Larvik has 97 businesses, showing that the coffee industry is a small but important part of this larger sector. This sector has shown stable development over the years, with an increase in sales revenue from 216.8 million NOK in 2016 to 236.8 million NOK in 2025 (increase of 17.1% from 2024).

Peer Companies in the Restaurant/Cafe Sector:

• Skipperstua Restaurant As (Skippergaten 8, 3290 Stavern): EBITDA of 3.2 million NOK, 51 employees, sales revenue of 19.0 million NOK.
• Bøkekroa As (Gunnar Thoresens vei 4, 3256 Larvik): EBITDA of 2.1 million NOK, 48 employees, sales revenue of 22.3 million NOK.
• Kulturkafeen Valhall As (Håkons gate 75A, 3258 Larvik): EBITDA of 1.8 million NOK, 0 employees, sales revenue of 0 NOK.
• Odberggården Restaurantdrift As (Torget 2, 3256 Larvik): EBITDA of 1.3 million NOK, 10 employees, sales revenue of 9.3 million NOK.
• Stavern Sushi As (Skippergaten 6C, 3290 Stavern): EBITDA of 919,000 NOK, 4 employees, sales revenue of 3.8 million NOK.

Conclusion: The broader restaurant/cafe sector in Larvik has shown stable growth and a high number of businesses, showing that the sector is robust and has potential for further development. The coffee industry is a small but important part of this sector, with opportunities for growth and development.

The coffee industry in Larvik is a small but growing sector with a single business: Espresso House Norge As. This business has shown significant growth in both employee numbers and sales revenue over the past few years. With 11 employees and annual revenues of 6.2 million NOK in 2025, the data indicates a stable and growing business. The industry is part of the broader restaurant/cafe sector in Larvik, which has a total of 97 businesses, showing that the coffee industry is a small but important part of this larger sector. Entrepreneurs should consider establishing themselves in Larvik, but must be prepared for competition from existing businesses and the need to maintain high quality and efficient operations. SmartGrunder can help entrepreneurs find suitable addresses in Larvik for the coffee industry, based on natural conditions and development trends.