The Pub Industry in Kinn: Current Status and Future Prospects

The pub industry in Kinn has shown a mix of stability and variation in recent years. There are three registered companies in the municipality, with a focus on Florø and Stavang. In recent years, there has been a gradual decline in the number of employees, but an increase in sales after 2022. The most active part of the municipality is Florø, which has two of the three companies. Stavang has a smaller presence, with one company that does not report activity. Economic trends show that sales have increased by 5.4% from 2024 to 2025, while the number of employees has varied with an increase of 8.0% from 2025 to 2026. This indicates a gradual recovery after a period of decline. The pub industry in Kinn has potential for further development, especially in Florø, where there is a stronger foundation for business.

Economic data for the pub industry in Kinn shows a complex development. Sales have grown from NOK 18.0 million in 2016 to NOK 19.3 million in 2025, with an annual increase of 5.4%. This is a positive development after a period of decline in 2020 and 2021. The number of employees has been more variable, with a decline from 45 in 2016 to 19 in 2023, followed by an increase to 27 in 2026. The most significant increase in sales was from 2021 to 2022, with an increase of 23.7%. This indicates that the businesses have managed to adapt to economic challenges and have achieved a gradual recovery. There is also a clear variation in the business's economic performance, with an EBITDA margin of 14% for Florø Restaurantdrift As compared to 4% for Hjørnevikloftet As.

There are three companies registered in the pub industry in Kinn, all organized as AS. The main companies are:

1. Florø Restaurantdrift As – The main company in the municipality, with 21 employees and annual sales of NOK 14.0 million. The EBITDA margin is 14%, and the company has been in operation since 1999.

1. Hjørnevikloftet As – A newer company established in 2015, with 6 employees and sales of NOK 5.5 million. The EBITDA margin is lower, at 4%.

1. Ludviken As – A company in Stavang with 4 employees, but no activity in 2022. This company has not reported sales or operating results.

All companies are organized as AS, which indicates a certain degree of stability and formal structure in the industry. There are no bankruptcies registered for any of the companies, which shows a relative economic stability.

The pub industry in Kinn is strongly concentrated in Florø, where two of the three companies are located. In Florø, the businesses have a significantly larger presence, with 27 employees and sales of NOK 20.3 million. In Stavang, there is only one company, Ludviken As, which has not reported activity. This shows a clear geographic concentration in Florø, which is an important economic hub in the municipality. It is possible that Florø's population, tourism industry, and infrastructure have contributed to a more stable business in the pub sector compared to Stavang. This could be an important factor for future investments and development in the municipality.

The pub industry in Kinn has shown a relatively stable development with no bankruptcies registered for any of the companies. There are no bankruptcy notices for Florø Restaurantdrift As, Hjørnevikloftet As, or Ludviken As. This indicates that the businesses have managed to handle economic challenges and have maintained operations. However, there has been a significant variation in the number of employees, with a decline from 21 to 6 employees in Hjørnevikloftet As. This may indicate that some companies have been more affected by market conditions or operational challenges. There is also a clear variation in sales and operating results, which may be a consequence of differing competitiveness or market positioning.

For entrepreneurs considering establishing themselves in the pub industry in Kinn, the data show that there is potential for growth, especially in Florø. Sales have increased by 5.4% from 2024 to 2025, and the number of employees has grown by 8.0% from 2025 to 2026. This indicates a gradual recovery after a period of decline. However, it is important to be aware of the variation in the business's economic performance, with an EBITDA margin of 14% for Florø Restaurantdrift As compared to 4% for Hjørnevikloftet As. This may indicate that there is a certain degree of competitiveness and market conditions affecting the business's economic results. Entrepreneurs should also be aware of geographic factors, as Florø is an important hub for business in the municipality.

When comparing the pub industry in Kinn with the broader bar/club category, the data show that the broader category has a larger presence in the municipality, with 8 companies compared to 3 in the pub sector. Sales in the bar/club category have also shown a similar development, with an increase from NOK 20.6 million in 2016 to NOK 19.3 million in 2025. The number of employees in the bar/club category has been more variable, with a decline from 85 in 2016 to 27 in 2022, followed by an increase to 74 in 2026. This shows that the bar/club category has been more affected by variations in the number of employees, while the pub industry has shown a more stable development. There is also some variation in the business's economic performance, with companies such as Alisia As and Jibben Bar Og Scene As in the bar/club category having a higher number of employees compared to the pub sector.

The pub industry in Kinn shows potential for further development, especially in Florø where there is a stronger foundation for business. Economic data show a gradual recovery after a period of decline, and there are no bankruptcies registered for any of the companies. This indicates a relatively stable development in the industry. Entrepreneurs should be aware of the variation in the business's economic performance and geographic factors, as Florø is an important hub for business in the municipality. SmartGrunder can help entrepreneurs explore potential addresses in the municipality for this industry, with a focus on natural conditions and market factors.