Industry · municipality
The Restaurant Industry in Alta: Companies, Statistics, and Outlook
A detailed analysis of the restaurant industry in Alta, Troms and Finnmark, based on market data and company information for 2016–2026.
Executive Summary
Overview of the Restaurant Industry in Alta
The restaurant industry in Alta is an important part of the local economy, with 29 registered companies in the municipality (although only 16 are detailed in the data). The industry has shown both strength and instability over the years, with a combination of strong growth periods and challenges such as bankruptcy. Alta is an important town in Troms and Finnmark, and the restaurant industry plays a role in both tourism and the local consumer market. A bankruptcy in 2026 (Altapizza As) shows that the industry is not without risk, but there are also many active and profitable companies operating in the municipality.
Economic Overview
Sales and Employees in the Restaurant Industry in Alta (2016–2025):
| Year | Sales (NOK) | Annual Growth | Number of Employees | Annual Growth |
|---|---|---|---|---|
| 2016 | 31.7M | - | 134 | - |
| 2017 | 34.5M | +8.6% | 139 | +3.7% |
| 2018 | 45.4M | +31.8% | 161 | +15.8% |
| 2019 | 55.5M | +22.1% | 154 | -4.3% |
| 2020 | 48.0M | -13.4% | 151 | -1.9% |
| 2021 | 53.2M | +10.8% | 170 | +12.6% |
| 2022 | 60.5M | +13.7% | 182 | +7.1% |
| 2023 | 48.6M | -19.7% | 210 | +15.4% |
| 2024 | 53.6M | +10.3% | 248 | +18.1% |
| 2025 | 47.5M | -11.4% | 216 | -12.9% |
Key Figures:
- Sales reached a maximum of 60.5M NOK in 2022, but fell to 47.5M NOK in 2025.
- The number of employees increased from 134 in 2016 to 248 in 2024, before a decline in 2025.
- The industry has shown significant variation in sales and employees, with both strong growth periods and losses in certain years.
Companies in the Industry
Registered Companies in Alta (2026):
| Company | Address | Number of Employees | EBITDA (NOK) | Organizational Form | |
|---|---|---|---|---|---|
| F&b Alta As | Markedsgata 18 | 35 | -61.0K | AS | |
| Uno Cafe As | Markedsgata 21 | 31 | 0 | AS | |
| Mikkeli As | Markedsgata 17 | 29 | 872.0K | AS | |
| Terma Fmb As | Sentrumsparken 4 | 28 | 0 | AS | |
| Hob Alta As | Bjørn Wirkolas vei 15 | 24 | 0 | AS | |
| På Bohr'et As | Sagastien 25 | 19 | 0 | AS | |
| Vanvittig Grill As | Skoleveien 1 | 16 | 45.0K | AS | |
| Wing Wah House Alta As | Markedsgata 4 | 12 | 785.0K | AS | |
| Kaffe Frida As | Sentrumsparken 4 | 10 | 0 | AS | |
| Lille Kjøkken Alta As | Altaveien 256 | 9 | 1.4M | AS | |
| Mio Restaurant As | Amfi Alta | Markedsgata 2 | 8 | 352.0K | AS |
| Stjernegrillen Alta As | Altaveien 212 | 4 | -25.0K | AS | |
| Alattio Pizza E Pasta | Markedsgata 14 | 0 | 0 | AS | |
| Alta Burger Restaurant As | Aronnesveien 2 | 0 | 0 | AS | |
| Altapizza As | Løkkeveien 45 | 0 | -263.0K | AS (bankrupt) | |
| Altapizza As Konkursbo | Løkkeveien 45 | 0 | 0 | KBO |
Organizational Forms:
- 12 companies are AS (limited liability companies), with a total of 225 employees.
- Some companies have been bankrupt (e.g., Altapizza As), which shows the industry's uncertainty.
Business Geography
Activity Distributed Across Locations in Alta:
| Location | Number of Companies | Number of Employees | Sales (NOK) | EBITDA (NOK) |
|---|---|---|---|---|
| Alta | 12 | 225 | 65.4M | 3.4M |
Analysis:
- Activity in the restaurant industry is concentrated in Alta, with 12 companies and 225 employees.
- Sales in Alta reached 65.4M NOK, with an EBITDA of 3.4M NOK.
- There is no detailed data on other areas in the municipality, but it is likely that there is little activity outside Alta.
Business Dynamism
Bankruptcy and Financial Challenges:
| Company | Address | Sales (NOK) | EBITDA (NOK) | Number of Employees |
|---|---|---|---|---|
| Altapizza As | Løkkeveien 45 | 5.4M | -263.0K | 0 |
Analysis:
- Only one company (Altapizza As) is registered as bankrupt in 2026, with a negative EBITDA of -263.0K NOK and no employees.
- This shows that the industry can be vulnerable to financial challenges, especially for companies with low margins or high operating costs.
- There are no other bankruptcy notices in the data, which suggests that most companies in the industry are profitable or have good financing.
Outlook
Outlook for Entrepreneurs
Opportunities and Challenges:
- Growth Potential: The restaurant industry in Alta has shown growth in certain years, especially between 2018–2022, with high sales and employee numbers.
- Bankruptcy Risk: There is a bankruptcy in 2026 (Altapizza As), which shows that the industry can be vulnerable to financial challenges.
- Margins: Most companies have positive EBITDA, but there are variations. For example, Mikkeli As had an EBITDA of 872.0K NOK, while Stjernegrillen Alta As had a negative EBITDA of -25.0K NOK.
- Competitiveness: There are many companies in the industry, which can make it difficult to establish oneself, but there are also opportunities for specialization (e.g., sushi, pizzerias, cafes).
Recommendation: Entrepreneurs should consider focusing on unique offerings, efficient operations, and good financing to avoid bankruptcy risk.
Outlook for Broader Industry
Outlook for Broader Industry (Restaurant / Cafe)
Comparison with Broader Industry:
- Number of Companies: Broader industry (restaurant / cafe) has 35 companies, while the restaurant industry has 29 companies.
- Sales: Broader industry had 82.8M NOK in 2016, while the restaurant industry had 31.7M NOK. In 2025, broader industry had 87.6M NOK, while the restaurant industry had 47.5M NOK.
- Number of Employees: Broader industry had 284 employees in 2016, while the restaurant industry had 134 employees. In 2025, broader industry had 272 employees, while the restaurant industry had 216 employees.
Peer Companies in Broader Industry (Not in Restaurant Industry):
- Nordlyspizza As (pizzeria): 15.6M NOK in sales, 25 employees, EBITDA 1.5M NOK.
- Select Service Partner As Avd Alta Lufthavn (airport restaurant / cafe): 8.6M NOK in sales, 11 employees, EBITDA 763.3K NOK.
- Midt City Cafe As (cafe): 8.8M NOK in sales, 10 employees, EBITDA 596.0K NOK.
- Sushi Point Alta As (sushi restaurant): 2.7M NOK in sales, 22 employees, EBITDA 477.0K NOK.
- Gakori Pizzeria As (pizzeria): 7.2M NOK in sales, 7 employees, EBITDA 391.0K NOK.
- Baan Thai As Tvangsavviklingsbo (Asian restaurant): 0 NOK in sales, 0 employees, EBITDA 0 NOK.
Analysis: Broader industry (restaurant / cafe) has higher sales and more companies, but the restaurant industry has higher EBITDA in some cases. Entrepreneurs should consider establishing themselves in the broader industry if they seek a larger market share, but the restaurant industry also has opportunities for specialization.
Other companies in restaurant / kafé (not in restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Nordlyspizza As | pizza restaurant | Alta Storsenter, 9515 | NOK 15.6M | 25 | NOK 1.5M |
| Select Service Partner As Avd Alta Lufthavn | airport restaurant / cafe | Alta Lufthavn, 9515 | NOK 8.6M | 11 | NOK 763.3K |
| Midt City Cafe As | cafe | Markedsgata 21, 9510 Alta | NOK 8.8M | 10 | NOK 596.0K |
| Sushi Point Alta As | sushi restaurant | Markedsgata 21, 9510 Alta | NOK 2.7M | 22 | NOK 477.0K |
| Gakori Pizzeria As | pizza restaurant | Svaneveien 1, 9512 Alta | NOK 7.2M | 7 | NOK 391.0K |
| Baan Thai As Tvangsavviklingsbo | asian restaurant | Løkkeveien 9, 9510 Alta | NOK 0 | 0 | NOK 0 |
Conclusion
The restaurant industry in Alta has shown both growth and challenges over the years. With 29 companies and a combination of strong and weak companies, the industry is both competitive and vulnerable to risk. Entrepreneurs should consider establishing themselves in Alta if they seek to leverage the tourist market and local consumers, but they must be prepared for financial challenges and competitiveness. SmartGrunder can help entrepreneurs find suitable addresses and analyze market outlooks in Alta for the restaurant industry.