Industry · municipality
Pizza Restaurants in Vågan: Analysis of Companies, Statistics, and Opportunities
A detailed overview of the industry in the municipality of Vågan in Nordland, focusing on economic trends, companies, and development opportunities for entrepreneurs and local decision-makers.
Executive Summary
Industry Overview
Pizza restaurants in Vågan is a very small industry with only one registered company, Æ Elske Pizza As. The industry has been marked by large variations in sales and number of employees over time, with a peak in 2019 and a dramatic decline in 2021. Although there have been no bankruptcies in the industry, the financial statements of the single company show negative operating results and high debt levels. This underscores the need for a thorough economic analysis before entering the industry.
Economic Trends
Sales and Employees in Pizza Restaurants in Vågan
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 0 | 0 |
| 2017 | 0 | 0 |
| 2018 | 175.0K | 0 |
| 2019 | 742.0K | 1 |
| 2020 | 732.9K | 2 |
| 2021 | 133.8K | 1 |
| 2022 | 0 | 0 |
| 2023 | 39.9K | 0 |
| 2024 | 0 | 0 |
| 2025 | 4.0K | 0 |
Sales increased extremely by +324% from 2018 to 2019, but have since declined. The largest decline was from 2020 to 2021 (-81.8%). The number of employees had a brief increase in 2020, but has since been zero. This shows an unstable industry with large variations in operating results and staffing needs.
Companies in the Industry
Æ Elske Pizza As is the only registered company in the industry. It is registered at Kaiveien 2 in Kabelvåg and has the following financing:
- Legal Form: AS
- Founded: 2018-06-01
- Number of Employees: 0
- Bankruptcies: No bankruptcies
- Operating Income: NOK 4.0K
- Sales: NOK 4.0K
- Operating Result: NOK -7.0K
- EBITDA: NOK -7.0K
- Debt: NOK 597.0K
- Equity: NOK -531.0K
There are no other companies in the industry, which shows a very small market share for pizza restaurants in Vågan.
Business Geography
Kabelvåg is the only place in Vågan where pizza restaurants are registered. Æ Elske Pizza As has its only address at Kaiveien 2 in Kabelvåg. This shows that the industry is highly location-dependent, and there are no other districts or areas in the municipality with activity in pizza restaurants.
Business Dynamics
Bankruptcies and Financial Challenges
- No bankruptcies in the pizza restaurant industry in Vågan over time.
- The single company, Æ Elske Pizza As, has negative operating results and high debt levels.
- EBITDA is negative (NOK -7.0K), which shows that the company does not cover its operating costs.
- Operating Result is also negative (NOK -7.0K), which could be a signal of financial challenges.
This shows that the industry has a very uncertain financial position, even though there have been no bankruptcies. It is important to consider these challenges before entering the industry.
Outlook for Entrepreneurs
The pizza restaurant industry in Vågan shows a very uncertain development. With only one company and large variations in sales and operating results, it may be challenging to start a new business in the industry. Entrepreneurs should consider the following:
- Market Size: Very small market share in the municipality.
- Competitiveness: A single company may offer opportunities for market share, but it is important to analyze the competitor's strengths and weaknesses.
- Financial Challenges: It is important to ensure good financial planning and operating results.
- Geographic Location: Kabelvåg is the only area with activity, which can be both an advantage and a challenge.
SmartGrunder can help entrepreneurs find suitable locations and analyze market challenges in Vågan for pizza restaurants.
Outlook for the Overall Industry
Outlook for the Overall Industry (Restaurant/Café)
Contrast between pizza restaurants and restaurant/café
- Number of Companies: Restaurant/café has 31 companies, while pizza restaurant has 1 company.
- Sales: Restaurant/café had NOK 110.0M in 2025, while pizza restaurant had NOK 4.0K.
- Number of Employees: Restaurant/café had 272 employees in 2026, while pizza restaurant had 0 employees.
Peer companies in restaurant/café:
| Name | Address | Sales (NOK) | Employees | EBITDA (NOK) |
|---|---|---|---|---|
| Svinøya Rorbuer As Avd Restaurant | Gunnar Bergs vei 2, 8300 Svolvær | 44.0M | 45 | 8.9M |
| Bacalao Drift As | Havnepromenaden 2, 8300 Svolvær | 36.6M | 63 | 3.5M |
| Nihao As | Johan E. Paulsens gate 12B, 8300 Svolvær | 15.3M | 17 | 2.4M |
| Jordbærpikene Svolvær As | Lofotgata 33, 8300 Svolvær | 7.5M | 19 | 392.0K |
| Balloonburger As | Lofotgata 33, 8300 Svolvær | 3.7M | 12 | 442.0K |
This shows that the restaurant/café industry in Vågan is much larger and more stable than the pizza restaurant industry. Entrepreneurs should consider analyzing both the industry and competitors in restaurant/café to find possible strategies.
Other companies in restaurant / kafé (not in pizza restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Svinøya Rorbuer As Avd Restaurant | restaurant | Gunnar Bergs vei 2, 8300 Svolvær | NOK 44.0M | 45 | NOK 8.9M |
| Mathuset Lofoten As | restaurant | Store Hakammen, 8312 Henningsvær | NOK 68.0K | 0 | NOK 3.7M |
| Bacalao Drift As | restaurant | Havnepromenaden 2, 8300 Svolvær | NOK 36.6M | 63 | NOK 3.5M |
| Nihao As | restaurant | Johan E. Paulsens gate 12B, 8300 Svolvær | NOK 15.3M | 17 | NOK 2.4M |
| Balloonburger As | restaurant | Lofotgata 33, 8300 Svolvær | NOK 3.7M | 12 | NOK 442.0K |
| Jordbærpikene Svolvær As | cafe | Lofotgata 33, 8300 Svolvær | NOK 7.5M | 19 | NOK 392.0K |
| Livland As | restaurant | Midnattsolveien 914, 8315 Laukvik | NOK 1.8M | 3 | NOK 233.0K |
| Henningsvær Turistheim As | restaurant | Hellandsgata 75, 8312 Henningsvær | NOK 753.0K | 0 | NOK 166.0K |
| Blue Sky Lofoten | restaurant | Torget, 8300 Svolvær | NOK 0 | 0 | NOK 0 |
| Comida De Mar As | restaurant | Dreyers gate 118, 8312 Henningsvær | NOK 0 | 0 | NOK 0 |
| Digermul Kroa | restaurant | 0, 8324 Digermulen | NOK 0 | 0 | NOK 0 |
| Déjà Brew As | cafe | Sivert Nilsens gate 26, 8300 Svolvær | NOK 0 | 5 | NOK 0 |
| Fellini Lofoten As | restaurant | Vestfjordgata 8, 8300 Svolvær | NOK 0 | 18 | NOK 0 |
| Fiskekrogen As | restaurant | Dreyers gate 29, 8312 Henningsvær | NOK 0 | 41 | NOK 0 |
| Hjørnet Kafé As | restaurant | Torggata 11, 8310 Kabelvåg | NOK 0 | 7 | NOK 0 |
| Klatrekafeen As | restaurant | Misværveien 8, 8312 Henningsvær | NOK 0 | 17 | NOK 0 |
| Kos Lofoten As | restaurant | Vesterøyveien 19, 8300 Svolvær | NOK 0 | 0 | NOK 0 |
| Laura's Cafe Bar As | restaurant | Sivert Nilsens gate 26, 8300 Svolvær | NOK 0 | 4 | NOK 0 |
| Maya Victoria Westeng Kafé | restaurant | Brennaveien 233, 8313 Kleppstad | NOK 0 | 0 | NOK 0 |
| Mnm Norge As | restaurant | Været 6, 8320 Skrova | NOK 0 | 8 | NOK 0 |
| Nordis Restaurant Svolvær | restaurant | Torget 15, 8300 Svolvær | NOK 0 | 36 | NOK 0 |
| Pattareeya,s Thai Food Truck As | restaurant | Sommerskaret 14, 8310 Kabelvåg | NOK 0 | 0 | NOK 0 |
| På Kaikanten Bistro & Pub As | restaurant | Laukvikveien 3A, 8315 | NOK 0 | 8 | NOK 0 |
| Skrei Restaurantdrift As | sushi restaurant | Storvåganveien 20, 8310 Kabelvåg | NOK 0 | 7 | NOK 0 |
| Skårungen Restaurant As | restaurant | Ørsvågveien 40, 8310 Kabelvåg | NOK 0 | 29 | NOK 0 |
| Vidar Naber Lysvold | restaurant | Hjellskjæret, 8312 Henningsvær | NOK 0 | 0 | NOK 0 |
| Viva Italia Akram Ans | restaurant | Torget, 8300 Svolvær | NOK 0 | 0 | NOK 0 |
| Vågakallen As | restaurant | Dreyers gate 6, 8312 Henningsvær | NOK 0 | 0 | NOK 0 |
| Svolvær Restaurant As | restaurant | Vestfjordgata 1, 8300 Svolvær | NOK 3.3M | 7 | NOK -12.0K |
| Lucrum Lofoten As | restaurant | Meyerbakken 11, 8300 Svolvær | NOK 0 | 0 | NOK -39.0K |
Conclusion
The pizza restaurant industry in Vågan is a very small and unstable industry with only one company. The single company has negative operating results and high debt levels, which shows significant financial challenges. Although there have been no bankruptcies, it is important to consider these challenges before entering the industry. The overall restaurant/café industry in Vågan is much larger and more stable, which can give entrepreneurs opportunities to analyze both the industry and competitors. SmartGrunder can help entrepreneurs find suitable locations and analyze market challenges in Vågan for pizza restaurants.