The Restaurant Industry in Etne: Current Status and Future Prospects

Overview of the Restaurant Industry in Etne

Etne has 10 registered companies in the restaurant industry, distributed across four areas: Markhus, Fjæra, Skånevik, and Etne. In recent years, the number of employees in the industry has varied significantly, with an 80% decrease in 2022, but a gradual increase since then. Sales have been more stable, with an 11.3% decrease from 2016 to 2017, but an increase of 27.4% from 2024 to 2025. The industry is dominated by AS companies (4 companies) and ENK companies (1 company), with a mix of both established and new companies.

Key Figures:

• Number of companies: 10
• Number of employees (2026): 63
• Sales (2025): NOK 7.3 million
• Organizational forms: 4 AS, 1 ENK

Economic Trends in the Restaurant Industry

Sales and Employee Development:

• Sales: In 2022, the industry experienced a dramatic 80% decrease compared to 2021, but there has been a gradual increase since then, with a 27.4% increase from 2024 to 2025. The highest sales were recorded in 2016 at NOK 36.9 million.
• Employees: The number of employees decreased sharply by 53.3% from 2017 to 2018, but has since been on an upward trend, with a 14.5% increase from 2024 to 2025. In 2026, the number of employees has stabilized at 63.

Short-term trends:

• Sales increased by 5.6% from 2018 to 2019, but decreased by 22.8% from 2019 to 2020.
• Employees increased by 50% from 2021 to 2022, but decreased by 41.5% from 2020 to 2021.

Conclusion: The industry has been marked by significant variations in sales and number of employees, with a gradual increase in recent times.

Companies in the Restaurant Industry

In Etne, there are 10 registered companies in the restaurant industry, with the following organizational forms:

• AS (4 companies): Åkrafjordtunet Drift As, House Of Blues As, Mario & Criss Grill As, Etne Mat & Grill As
• ENK (1 company): Eljervik Gard Nina Kaltwasser

Key Companies:

• House Of Blues As (Skånevik): The only company with a positive sales overview (NOK 6.1 million in 2025) and 14 employees.
• Åkrafjordtunet Drift As (Markhus): Has two branches, but no sales or employees in 2025.
• Etne Mat & Grill Aziz (Etne): A new company established in 2025, but no employees or sales.

Additional Information:

• Mario & Criss Grill As (Etne): Established in 2021, but no employees or sales in 2025.
• Volcano Pizza Rajab (Etne): A new company established in 2026, but no employees or sales.
• Wai Pansanthia Varm Mat (Skånevik): Established in 2018, but no employees or sales in 2025.

Business Geography in Etne

Distribution of companies and employees:

• Markhus: 2 companies, 30 employees (2025)
• Fjæra: 1 company, 20 employees (2025)
• Skånevik: 1 company, 14 employees (2025)
• Etne: 1 company, 4 employees (2025)

Sales and Revenue:

• Skånevik: House Of Blues As had sales of NOK 6.1 million in 2025, with an operating profit of NOK -236,000.
• Markhus: Åkrafjordtunet Drift As had no sales or employees in 2025.
• Fjæra: Eljervik Gard Nina Kaltwasser had no sales or employees in 2025.
• Etne: Mario & Criss Grill As had no sales or employees in 2025.

Conclusion: Skånevik is the most active area in the industry, with a single company generating sales, while other areas have lower activity.

Business Dynamics and Bankruptcy Statistics

Bankruptcy Statistics:

• There are no registered bankruptcies in the restaurant industry in Etne in recent years.

Additional Information:

• House Of Blues As (Skånevik): The only company with a negative EBITDA (3%) and an operating profit of NOK -236,000 in 2025.
• Åkrafjordtunet Drift As (Markhus): Has two branches, but no sales or employees in 2025.
• Etne Mat & Grill Aziz (Etne): A new company established in 2025, but no employees or sales.

Conclusion: The industry has been marked by financial challenges for some companies, but there are no registered bankruptcies. There has been a gradual increase in the number of employees and sales in recent times.

Future Prospects for the Restaurant Industry in Etne

Opportunities:

• Increasing number of employees: There has been a gradual increase in the number of employees since 2021, with a 14.5% increase from 2024 to 2025.
• Increasing sales: Sales have increased by 27.4% from 2024 to 2025, indicating a gradual increase in activity.
• Skånevik as an important area: Skånevik is the most active area in the industry, with a single company generating sales.

Additional Information:

• House Of Blues As (Skånevik): The only company with a positive sales overview, but with a negative EBITDA (3%) in 2025.
• Etne Mat & Grill Aziz (Etne): A new company established in 2025, but no employees or sales.
• Volcano Pizza Rajab (Etne): A new company established in 2026, but no employees or sales.

Conclusion: The industry has potential for growth, especially in Skånevik, but there are challenges related to financial difficulties for some companies.

Future Prospects for the Restaurant/Café Industry in Etne

Contrast between restaurant and restaurant/café industries:

• Restaurant industry: Has 10 companies, with 63 employees in 2026 and sales of NOK 7.3 million in 2025.
• Restaurant/café industry: Has 12 companies, with 63 employees in 2026 and sales of NOK 7.3 million in 2025.

Peer companies in the restaurant/café industry:

• Biografen Cafè As Avd Kyrping: No sales or employees in 2025.
• Gralls Utleige Erik Gravelsæter: No sales or employees in 2025.

Conclusion: The restaurant industry and restaurant/café industry have similar trends in sales and number of employees, but the restaurant/café industry has more companies. There has been a gradual increase in the number of employees and sales in recent times for both industries.

The restaurant industry in Etne has shown a gradual increase in the number of employees and sales in recent times, with stronger activity in Skånevik. There are opportunities for growth, especially in Skånevik, but there are challenges related to financial difficulties for some companies. The restaurant/café industry has similar trends, but with more companies. SmartGrunder can help entrepreneurs find suitable addresses in Etne for the restaurant industry, with a focus on development opportunities and natural conditions.