The Restaurant Industry in Giske: Current Status and Future Perspectives

The restaurant industry in Giske is a small but dynamic sector with 5 registered companies. In recent years, the industry has shown significant variations in revenue and number of employees, with a marked increase in 2018–2019 and a decline in 2020 due to the pandemic. In 2024, revenue reached over NOK 2.7 million again, but with weaker growth in 2025. The companies are distributed between Godøya and Vigra, with a clear focus on Godøya. The organizational form AS dominates, and none of the companies have gone bankrupt. Future prospects show potential in Vigra and a need for increased diversification of offerings.

Revenue and Employees in the Restaurant Industry in Giske (2016–2025):

Key Figures:

• Largest Growth: +948.7% from 2017 to 2018.
• Largest Decline: -75.6% from 2019 to 2020 (due to the pandemic).
• Largest Annual Growth: +190.2% from 2021 to 2022.
• Number of Employees: Highest in 2019 (16), lowest in 2017 (1).

Registered Companies in the Restaurant Industry in Giske (2025):

Organizational Form Statistics:

• AS: 1 company, 12 employees, EBITDA -42%.
• NUF: 1 company, 0 employees, no revenue.
• ENK: 1 company, 0 employees, no revenue.

Note: Alnes Drift As is the only company with negative EBITDA, while Global Vekst As has positive EBITDA at 14%.

Distribution of Restaurant Operations in Giske (2025):

Analysis:

• Godøya is the main area for restaurant operations, with 3 companies and 12 employees. Alnes Drift As and Global Vekst As are the key players here.
• Vigra has 2 companies (Rørvik Anlegg and West Drift As), but no employees or revenue. This shows potential for development in the area, especially with increased tourism and local population.
• Valderøya has 1 company (Global Vekst As), which is a new player with positive EBITDA.

Bankruptcies and Operational Stability:

• No companies in the industry have gone bankrupt (2025), which shows relative operational stability.
• Alnes Drift As has negative EBITDA (-42%) and total equity of -682.0K, which may indicate economic challenges.
• Global Vekst As has positive EBITDA (14%) and equity of 459.0K, which shows stable operations.

Operational Results:

• Alnes Drift As has negative operating result (-696.0K) and low revenue (1.4M), but high wages (992.0K) relative to employees.
• Global Vekst As has positive operating result (40.0K) and high revenue (946.0K) with 0 employees, which may indicate a specialized operation.

Outlook for the Restaurant Industry in Giske

Trend Analysis:

• Revenue: Highest in 2019 (2.3M), but with a decline in 2020 (552.4K) and an increase in 2022 (2.4M). In 2024, revenue reached 2.7M, but with weaker growth in 2025 (2.4M).
• Number of Employees: Highest in 2019 (16), but with a decline in 2020 (11) and an increase in 2022 (9). In 2024, the number of employees was 16, but with a decline in 2025 (13).

Opportunities for Entrepreneurs:

• Vigra has potential for development, especially with 2 companies without employees or revenue.
• Diversification of offerings can be the key to progress, especially with a focus on local ingredients and unique culinary offerings.
• SmartGrunder can help entrepreneurs find suitable locations in Giske for restaurant operations, with a focus on development in Vigra and Valderøya.

Outlook for the Broader Restaurant/Café Industry in Giske

Comparison with the Parent Category (Restaurant/Café):

• Number of Companies: The parent category has 7 companies, while the restaurant industry has 5 companies.
• Revenue: The parent category had 66.8M in 2025, while the restaurant industry had 2.4M. This shows that the parent category is much larger and more diversified.
• Employees: The parent category had 90 employees in 2026, while the restaurant industry had 13 employees in 2026.

Peer Companies in the Parent Category:

Conclusion: The parent category has much higher revenue and employees, which shows that the restaurant industry in Giske is a small part of a larger, more diversified sector. Entrepreneurs should consider expanding to other parts of the parent category, such as cafes and takeaway, to increase market share and operational stability.

The restaurant industry in Giske has shown both strengths and challenges in recent years. With 5 companies and revenue exceeding NOK 2.7 million in 2024, the industry is relatively stable, despite variations in operating results and number of employees. Future prospects show potential in Vigra and Valderøya, especially with a focus on diversification of offerings and use of local ingredients. SmartGrunder can help entrepreneurs find suitable locations and develop businesses in Giske, with a focus on development in Vigra and Valderøya.