Industry · municipality
The Pub Industry in Narvik: Current Status and Future Perspectives
Economic Overview, Companies, and Outlook for Entrepreneurs and Local Decision-Makers in Narvik
Executive Summary
Overview of the Pub Industry in Narvik
The pub industry in Narvik has experienced significant fluctuations in recent years. Although the industry saw strong growth in 2017, with a 77.3% increase in sales compared to 2016, there has been a dramatic decline since 2018. Sales dropped to zero in 2019 and have remained at the same level through 2026. Workforce development also shows considerable variations, with a peak of 37 employees in 2018, but a sharp decline to just 3 employees in 2021. This indicates that the industry has been affected by external factors, such as crises or changes in consumer behavior.
Compared to the broader bar/club category, which includes multiple businesses in Narvik, the pub industry shows a more unstable development. The broader category has demonstrated a more gradual development in both sales and number of employees, which may suggest that bars and clubs have been more resilient to market changes.
Economic Overview
The table below shows sales and number of employees in the pub industry in Narvik over time:
| Year | Sales (NOK) | Number of Employees |
|---|---|---|
| 2016 | 2.4M | 8 |
| 2017 | 4.2M | 24 |
| 2018 | 3.5M | 37 |
| 2019 | 0 | 22 |
| 2020 | 0 | 24 |
| 2021 | 0 | 3 |
Sales experienced a significant increase from 2016 to 2017, but then declined by 17.8% in 2018. The most dramatic decline occurred in 2018→2019, where sales fell by 100% to zero. Workforce development shows a similar trend, with a sharp decline from 2018 to 2021. This may indicate that several pubs have closed or reduced operations during these years.
Companies in the Industry
There are no registered companies in the pub industry in Narvik according to available data. This may indicate that the industry has been very small or that companies have been registered under other categories. There is no registered organizational form for companies in this industry in Narvik.
Business Geography
All businesses in the pub industry in Narvik are registered in the municipality of Narvik. There is no available detailed data on the distribution of businesses between different districts or locations within the municipality. This may make it difficult to identify specific geographic areas with high activity in the industry.
Business Dynamics
The industry has been marked by a significant decline in sales and number of employees from 2018 onward. Sales dropped to zero in 2019 and have remained at the same level through 2026. This may indicate that several businesses have closed or reduced operations during these years. There is no available data on bankruptcy statistics for the industry, but the dramatic decline in sales and employees may indicate that several businesses have been affected by economic challenges.
Outlook
Outlook for the Industry
For entrepreneurs considering starting a business in the pub industry in Narvik, it is important to be aware of the significant fluctuations in the industry in recent years. The dramatic decline in sales and number of employees from 2018 onward indicates that the industry has been affected by external factors, such as crises or changes in consumer behavior. This may make it challenging to establish oneself in the industry without clear differentiation or a strong market strategy. Nevertheless, there may be opportunities for new businesses that can adapt to current market conditions and offer unique offerings to customers.
Outlook for the Broader Bar/Club Category
The broader bar/club category in Narvik has shown a more stable development compared to the pub industry. Sales increased by 25.1% from 2016 to 2017 and have shown a gradual increase up to 2025. The number of employees has also shown a more gradual development, with an increase from 40 to 46 employees from 2016 to 2026. This suggests that bars and clubs have been more resilient to market changes.
The table below shows some of the key companies in the broader bar/club category in Narvik:
| Name | Address | Sales (NOK) | Number of Employees | EBITDA (NOK) |
|---|---|---|---|---|
| Malmen Pub As | Dronningens gate 60, 8514 Narvik | 13.8M | 21 | 1.6M |
| Millejordnes As | Dronningens gate 39, 8514 Narvik | 0 | 0 | 222.0K |
| Ballangen Pubdrift As | Sentrumsveien 65, 8540 Ballangen | 0 | 0 | 0 |
| Trappa Sportsbar As | Dronningens gate 45, 8514 Narvik | 0 | 21 | 0 |
| Tønna Narvik As | Malmveien 156, 8516 Narvik | 0 | 9 | 0 |
These companies show a wide variation in sales and number of employees, which may indicate that bars and clubs have been more diversified compared to the pub industry.
Other companies in bar / klubb (not in pub)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Malmen Pub As | bar | Dronningens gate 60, 8514 Narvik | NOK 13.8M | 21 | NOK 1.6M |
| Millejordnes As | bar | Dronningens gate 39, 8514 Narvik | NOK 0 | 0 | NOK 222.0K |
| Ballangen Pubdrift As | bar | Sentrumsveien 65, 8540 Ballangen | NOK 0 | 0 | NOK 0 |
| Trappa Sportsbar As | bar | Dronningens gate 45, 8514 Narvik | NOK 0 | 21 | NOK 0 |
| Tønna Narvik As | bar | Malmveien 156, 8516 Narvik | NOK 0 | 9 | NOK 0 |
Conclusion
The pub industry in Narvik has been marked by significant fluctuations in recent years, with a dramatic decline in sales and number of employees from 2018 onward. This may make it challenging to establish oneself in the industry without clear differentiation or a strong market strategy. Nevertheless, there may be opportunities for new businesses that can adapt to current market conditions and offer unique offerings to customers. For entrepreneurs considering starting a business in the industry, it may be useful to contact SmartGrunder to explore possible addresses and market conditions in the municipality.