Industry · municipality
The Pub Industry in Ullensvang: Current Status and Future Perspectives
Economic Overview, Companies, and Outlooks for Entrepreneurs and Local Decision-Makers
Executive Summary
The pub industry in Ullensvang has shown clear growth since 2021, with an increase from 8 to 28 employees in 2022. This was followed by stabilization in 2023 and a decline to 22 employees in 2024. Sales increased sharply in 2021, from zero to 746,500 NOK, but have not been updated after 2021. This indicates potential instability in the industry, especially compared to broader categories such as bars and clubs, which have more variation in both sales and number of employees.
Economic Overview
The pub industry in Ullensvang has had an important economic development in recent years. From 2016 to 2020, there were no employees or sales in the industry. In 2021, 8 employees and sales of 746,500 NOK were registered. This was followed by a significant increase to 28 employees in 2022, but has since declined to 22 employees in 2024. There are no updated sales data after 2021, which may indicate unstable industry development.
Companies in the Industry
There are no publicly available data on specific companies in the pub industry in Ullensvang. No companies in this industry are registered in the municipality according to available information. This may indicate a small or newly established industry in the area.
Business Geography
There is no available data on the distribution of the pub industry among different neighborhoods or locations in Ullensvang. This may be a consequence of the industry being small or newly established in the municipality.
Business Dynamism
There is no available data on bankruptcy statistics or bankrupt companies in the pub industry in Ullensvang. This may indicate that the industry has been stable in recent years, or that no bankruptcies have been registered in this sector.
Outlook
The pub industry in Ullensvang has shown growth in the number of employees and sales from 2021 to 2022, but has since experienced a decline. This may indicate unstable market development. For entrepreneurs, this may mean that it is important to be aware of market fluctuations and bankruptcy risk in the industry. It may also be an opportunity to establish oneself in a growing sector, even though there is uncertainty in the future.
Outlook for the Broader Category
The broader category of bars/clubs in Ullensvang has a more stable development compared to the pub industry. Sales and number of employees have shown more variation, but there are more companies registered in this category. For example, the company Vertshuset Hardanger As has an EBITDA of 451,000 NOK and Vertshuset Odda As has 24 employees. This shows that the broader category may be more robust and has greater variation in business models.
Other companies in bar / klubb (not in pub)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Vertshuset Hardanger As | bar | Eitrheimsvegen 14, 5750 Odda | NOK 32.0K | 0 | NOK 451.0K |
| Vertshuset Odda As | bar | c/o Romstad|Eitrheimsvegen 14, 5750 Odda | NOK 0 | 24 | NOK 0 |
Conclusion
The pub industry in Ullensvang has shown growth in the number of employees and sales from 2021 to 2022, but has since experienced a decline. This may indicate unstable market development. For entrepreneurs, this may mean that it is important to be aware of market fluctuations and bankruptcy risk in the industry. It may also be an opportunity to establish oneself in a growing sector, even though there is uncertainty in the future.