Industry · municipality
The Restaurant Industry in Eidfjord
An analysis of companies, statistics, and opportunities for entrepreneurs and local decision-makers in the municipality of Eidfjord, Vestland, Norway.
Brief Overview of the Restaurant Industry in Eidfjord
The restaurant industry in Eidfjord is a small but dynamic sector with growth potential. In 2021, the industry experienced an extremely significant increase in sales (6380.7%) compared to 2020, indicating a strong recovery after a period of low activity. Although the number of employees has remained stable at 2 in both 2021 and 2022, data shows that the industry has a unique structure with few actors but potential for growth. It is important to note that sales data for 2022 is not available, which may affect the assessment of current development.
Economic Overview
Sales Development
In 2021, the restaurant industry in Eidfjord experienced an extremely significant increase in sales of 6380.7% compared to 2020, when sales were NOK 14,400. In 2021, the industry had sales of NOK 932,635. However, there is no data for 2022, making it difficult to assess current development.
Number of Employees
The number of employees in the industry has remained stable at 2 in both 2021 and 2022. There has been no change in the number of employees from 2021 to 2022, indicating a stable but small operation in the industry.
Companies in the Industry
Registered Companies
There are 3 companies in the restaurant industry registered in Eidfjord. These companies are:
| Company | Legal Form | Address | Number of Employees | Bankrupt? |
|---|---|---|---|---|
| Høel Gard Marita Meling Garen | ENK | Høl 7, Vøringsfoss | 0 | No |
| Ilden Restaurant & Kafé As | AS | Elvavegen 9A, Eidfjord | 0 | No |
| Potato Group As | AS | Hereidsvegen 5, Eidfjord | 0 | No |
Legal Forms
All companies in the industry are registered as either ENK (sole proprietorship) or AS (limited company). There are no companies registered as AN (shareholder company) or KAP (commercial limited company) in the industry.
Business Geography
Distribution of Activity
The three companies in the industry are located in two different areas in Eidfjord:
- Høel Gard Marita Meling Garen is located in Vøringsfoss (Høl 7)
- Ilden Restaurant & Kafé As and Potato Group As are located in Eidfjord (Elvavegen 9A and Hereidsvegen 5)
There is no data on the distribution of activity between other districts or locations in the municipality. Therefore, it is not possible to provide a detailed overview of where the activity is most concentrated.
Business Dynamism
Bankruptcy Security
None of the three companies in the industry are registered as bankrupt in the data. Therefore, there are no direct indications of financial problems or losses in the industry. However, there is no data on potential bankruptcies not registered in public records, which may be a limitation in the analysis.
Outlook for the Industry
Development Trends
The extremely significant increase in sales in 2021 (6380.7%) indicates a strong recovery after a period of low activity. This may be an effect of opening after restrictions related to the pandemic, or an increase in the number of customers or offerings in the industry. However, there is no data for 2022, making it difficult to assess whether this growth has continued.
Opportunities for Entrepreneurs
For entrepreneurs, the industry in Eidfjord can offer opportunities to establish themselves in a small but potentially growth-friendly sector. With only 3 companies in the industry, it may be possible to create a unique offering in the municipality. However, it is important to be aware of the small number of employees and lower sales levels compared to larger cities. SmartGrunder can help entrepreneurs find suitable addresses in Eidfjord for restaurant operations, based on natural conditions and potential market opportunities.
Conclusion
The restaurant industry in Eidfjord is a small but dynamic sector with growth potential. With an extremely significant increase in sales in 2021 and no registered bankruptcies, data shows that the industry has a stable but small operation. For entrepreneurs, it may be possible to establish themselves in a sector with few actors, but it is important to be aware of the small number of employees and lower sales levels compared to larger cities. SmartGrunder can help entrepreneurs find suitable addresses in Eidfjord for restaurant operations, based on natural conditions and potential market opportunities.