Pubs in Ringerike: Current Situation and Future Opportunities

The pub industry in Ringerike is a small but active sector with a single registered company: Lloyds Pub Hønefoss As. This company is an AS with 15 employees and was founded in 1998. Although the industry has been marked by weak economic data for many years, a significant increase in sales was recorded in 2024 (NOK 736.8K). This indicates growth potential, even though the data remains limited. The industry is also part of the broader bar/club sector, which has more companies and higher economic activity in the municipality.

Economic Trends

• Sales: Sales for pub businesses in Ringerike were zero in all years from 2016 to 2023, but increased dramatically to NOK 736.8K in 2024. This is a unique development not documented previously.
• Employees: The number of employees has varied between 0 and 17 over time, with a peak of 17 employees in 2022. There is no data on sales growth or operating results before 2024.
• Missing data: There are no available figures for operating results, gross profit, or other economic indicators for the pub industry in Ringerike before 2024.

Registered Companies

• Lloyds Pub Hønefoss As: Single company in the industry, registered at Arnemannsveien 5, Hønefoss. Organized as an AS, with 15 employees and founded in 1998. The company is not registered as bankrupt, but there is no available economic data to show operating results or sales growth.

Organizational Forms

• AS: Single company in the industry, with 15 employees. There is no data on other organizational forms (e.g., sole proprietorships or limited partnerships) in the pub industry in Ringerike.

Geographic Distribution

• Hønefoss: The only municipality area in Ringerike with activity in the pub industry. Here, 1 company with 15 employees is registered. There is no data on sales, operating results, or other economic indicators for this single business.
• Other areas: There are no registered pubs in other areas of Ringerike, such as Hallingby or other parts of the municipality.

• Bankruptcies: There are no registered bankruptcies in the pub industry in Ringerike. Lloyds Pub Hønefoss As is not registered as bankrupt, although there is no available economic data to assess the company's financial health.
• Employees: The number of employees has varied significantly over time, with a decline from 17 employees in 2022 to 13 employees in 2026. This may indicate unstable operating conditions or a reduction in activity in the industry.
• Missing data: There is no available data on operating results, gross profit, or other economic indicators to assess the industry's stability or growth potential.

Outlook for Entrepreneurs

For entrepreneurs considering starting a pub in Ringerike, the data on Lloyds Pub Hønefoss As shows that there is a single but active business in the municipality. This business has been in operation since 1998 and has 15 employees. There is also a unique increase in sales in 2024 (NOK 736.8K), which may indicate growing interest in pubs in the area. This could be an opportunity for entrepreneurs looking to develop in a small but active industry. However, it is important to note that the data remains limited, and there are no available economic indicators to assess the industry's stability or growth potential.

Comparison with the Bar/Club Sector

• Size: The bar/club sector in Ringerike has 8 companies, while the pub industry has only 1 company. This shows that the bar/club sector is much larger and more diversified.
• Economic Trends: Sales in the bar/club sector have grown from NOK 2.2M in 2016 to NOK 18.0M in 2024, with an average annual growth of about 25%. This is a significantly higher growth rate than that recorded in the pub industry.
• Employees: The number of employees in the bar/club sector has varied between 36 and 111 over time, with an average annual growth of about 10%. This shows that the sector has a more stable and growth-oriented operation than the pub industry.
• Peer Companies: Current peer companies in the bar/club sector include Gledeshuset Drift As (NOK 16.2M in sales, 52 employees) and Humbar As (11 employees). These companies have higher sales and more employees than Lloyds Pub Hønefoss As.

The pub industry in Ringerike is a small but active sector with a single registered company: Lloyds Pub Hønefoss As. This company has been in operation since 1998 and has 15 employees. There is also a unique increase in sales in 2024 (NOK 736.8K), which may indicate growing interest in pubs in the area. This could be an opportunity for entrepreneurs looking to develop in a small but active industry. However, it is important to note that the data remains limited, and there are no available economic indicators to assess the industry's stability or growth potential. For entrepreneurs considering starting a pub in Ringerike, SmartGrunder can help find suitable addresses and develop strategies to succeed in this sector.