The Restaurant Industry in Hadsel: Current Situation and Future Outlook

The restaurant industry in Hadsel is an important part of the local economy, with 10 registered companies in the municipality. Most of the businesses are concentrated in Stokmarknes, which is the only area with activity in this industry. In recent years, the industry has shown variations in revenue and number of employees, with an increase in 2025 compared to 2024. There are no bankrupt companies in the industry, which indicates relative stability. However, some companies show negative EBITDA values, which may indicate economic challenges for individual businesses.

Economic Trends

Revenue and Employees:

Revenue increased by 10.7% from 2016 to 2017, but fell by 28.6% in 2018. There has been a gradual increase in revenue from 2020 to 2025, with an increase of 8.8% in 2025. The number of employees increased by 30.2% from 2016 to 2017, but fell by 36.8% in 2019. There has been stabilization in the number of employees from 2021 to 2023, followed by a decline of 23.2% in 2024.

Registered Companies

In Hadsel, the following companies are registered in the restaurant industry:

1. Rødbrygga Drift As – Markedsgata 6, Stokmarknes (AS, 27 employees, revenue 14.5M NOK)
2. Mormors As – Richard Withs gate 9, Stokmarknes (AS, 14 employees, revenue 1.8M NOK)
3. Nesset Spiseri As – Markedsgata 10, Stokmarknes (AS, 7 employees, revenue 4.5M NOK)
4. C&k Thaimat Da – Skarveien 2, Stokmarknes (DA, 5 employees, revenue 0 NOK)
5. China Spring As – Markedsgata 7, Stokmarknes (AS, 5 employees, revenue 4.0M NOK)
6. Bjørn P Djupvik – Vikaveien 31, Melbu (ENK, 0 employees, revenue 0 NOK)
7. Den Glade Kokk Yusuf Deniz – Richard Withs gate 7, Stokmarknes (ENK, 0 employees, revenue 0 NOK)
8. Italiensk Napoli Restaurant & Bar Omar Ali – Markedsgata 24, Stokmarknes (ENK, 0 employees, revenue 0 NOK)
9. Klaudia Restaurant Robertsen – Markedsgata 24, Stokmarknes (ENK, 0 employees, revenue 0 NOK)
10. Viva Italia Salvan V/salvan Akram – Markedsgata 24, Stokmarknes (ENK, 0 employees, revenue 0 NOK)

Most companies are organized as AS, with four companies in this form. One business is organized as DA, and six companies are organized as ENK. Mormors As has a negative EBITDA of -66,000 NOK, which may indicate economic challenges.

Geographic Distribution

All 10 companies in the restaurant industry in Hadsel are registered in Stokmarknes. There is no activity in other city districts or areas in the municipality. Stokmarknes has the following key figures:

• Number of companies: 10
• Number of employees: 58
• Revenue: 24.8M NOK
• Wages: 9.7M NOK
• EBITDA: 2.7M NOK
• Gross Profit: 16.0M NOK
• EBITDA Margin: 10%
• Gross Margin: 64%
• Operating Margin: 9%

Stokmarknes is therefore the only area with activity in this industry, and it is important to note that all businesses are concentrated here.

There are no bankrupt companies in the restaurant industry in Hadsel, which indicates relative stability in the industry. However, some companies show negative EBITDA values, which may indicate economic challenges for individual businesses. For example, Mormors As has a negative EBITDA of -66,000 NOK, and C&k Thaimat Da has no revenue or profit. This may indicate that some companies are having difficulty maintaining profitability, even though there is no registered bankruptcy.

Future Outlook

The restaurant industry in Hadsel has shown a gradual increase in revenue from 2020 to 2025, with an increase of 8.8% in 2025. This indicates that the industry has been resilient after the pandemic, and there may be opportunities for further growth. However, it is important to note that all businesses are concentrated in Stokmarknes, which can be both an advantage and a risk. An advantage is that there is a concentrated customer base, but a risk is that a potential decline in Stokmarknes could affect the entire industry.

For entrepreneurs, there may be an opportunity to establish themselves in Hadsel, especially in Stokmarknes, where there is already an established business. It is however important to analyze competitors and ensure that there is room for a new business. SmartGrunder can help entrepreneurs find suitable addresses and assess business challenges in the municipality.

The restaurant industry in Hadsel has shown variations in revenue and number of employees, but has been relatively stable with no bankrupt companies. There are opportunities for growth, especially in Stokmarknes where there is already a concentrated business. Entrepreneurs should consider analyzing competitors and ensuring that there is room for a new business. SmartGrunder can help with finding suitable addresses and assessing business challenges in the municipality.