Industry · municipality
The Restaurant Industry in Hamarøy
An analysis of companies, statistics, and outlooks for entrepreneurs and local decision-makers
Executive Summary
Overview of the Restaurant Industry in Hamarøy
Hamarøy has an active restaurant industry with 8 registered companies in the municipality. In recent years, the industry has shown both growth and decline in employee numbers and sales revenue. A key feature is that sales revenue increased by 269.2% from 2016 to 2017, but has since shown more stable growth figures. The number of employees has varied significantly, with a peak of 45 employees in 2024. The industry has not registered any bankruptcies in recent years, but shows variations in financial results among companies.
Economic Overview
Sales Development (NOK):
| Year | Sales Revenue (NOK) | Year-over-Year Change |
|---|---|---|
| 2016 | 1.2M | - |
| 2017 | 4.5M | +269.2% |
| 2018 | 3.8M | -16.3% |
| 2019 | 2.9M | -24.1% |
| 2020 | 3.5M | +23.6% |
| 2021 | 3.9M | +10.5% |
| 2022 | 4.7M | +20.6% |
| 2023 | 6.0M | +28.6% |
| 2024 | 6.3M | +4.5% |
| 2025 | 6.4M | +0.7% |
Employee Development:
| Year | Number of Employees | Year-over-Year Change |
|---|---|---|
| 2016 | 18 | - |
| 2017 | 31 | +72.2% |
| 2018 | 20 | -35.5% |
| 2019 | 27 | +35.0% |
| 2020 | 37 | +37.0% |
| 2021 | 16 | -56.8% |
| 2022 | 20 | +25.0% |
| 2023 | 35 | +75.0% |
| 2024 | 45 | +28.6% |
| 2025 | 31 | -31.1% |
| 2026 | 28 | -9.7% |
Sales revenue has shown stable growth since 2022, while the number of employees has been more variable. The highest number of employees is reached in 2024 with 45 people, but has since declined.
Companies in the Industry
In Hamarøy, 8 companies are registered in the restaurant industry. The key companies include:
- Tranøy Fyr AS (Uteid, Hamarøy): AS-form, 34 employees, established 1998-01-02.
- Aroydee Thaimat AS (Dragsarmen 105, Drag): AS-form, established 2021-04-07, 0 employees.
- Bankpaa AS (Nikolai Walsøes vei 2, Tranøy): AS-form, established 2021-07-16, 0 employees.
- Café Paris Amirvaresi (Vestfjordveien 1579, Hamarøy): ENK-form, established 2019-10-10, 0 employees.
Organizational Form Statistics:
- AS: 1 company, 34 employees.
- ENK: 1 company, 0 employees.
- KBO: 2 companies, 0 employees.
None of the companies are registered as bankrupt, but some show negative operating results, such as Aroydee Thaimat AS with an operating profit of -68.0K NOK.
Business Geography
Locations with Activity in the Municipality:
| Location | Number of Companies | Number of Employees | Sales Revenue (NOK) |
|---|---|---|---|
| Hamarøy | 1 | 34 | 0 |
Note: Data from branch_cities shows only one activity in Hamarøy, but branch_companies shows companies in Drag and Storjorda. This may indicate that the data does not fully cover all geographic areas in the municipality. It is recommended to investigate local websites and municipal websites for more detailed geographic coverage.
Business Dynamics
Bankruptcy Statistics:
- None of the registered companies in the restaurant industry in Hamarøy are registered as bankrupt.
Financial Challenges:
- Aroydee Thaimat AS has a negative operating profit of -68.0K NOK and a negative EBITDA of -68.0K NOK.
- Bognes Fjordkro AS and Hamarøy Restaurant & Cafe AS have no reported operating results.
The industry shows no bankruptcies, but shows variations in financial results. This may indicate that some companies have challenges with operating results, while others have stable or unknown financing.
Outlook
Outlook for Entrepreneurs
For entrepreneurs considering starting a restaurant business in Hamarøy, the data shows growth in sales revenue since 2022, with a stable growth of 4.5% from 2023 to 2024. This indicates a positive development in the market. However, the number of employees has shown more variation, with a decline of 31.1% from 2024 to 2025. This may indicate that the market is competitive and that there may be challenges with recruiting and retaining employees.
It is recommended to investigate local websites and municipal websites to find out if there are opportunities to establish oneself in Hamarøy. SmartGrunder can help entrepreneurs find suitable addresses and locations in the municipality for the restaurant industry.
Outlook for the Broader Industry
Outlook for the Broader Industry (Restaurant/Cafe)
Broader Industry (Restaurant/Cafe):
- Number of Companies: 10
- Number of Employees: 33 in 2026
- Sales Revenue: 6.4M NOK in 2025
Peer Companies in the Broader Industry:
| Name | Address | Sales Revenue (NOK) | Number of Employees | EBITDA (NOK) |
|---|---|---|---|---|
| Kroverten Mat Og Grillhus Kjell Klingan | Granittveien 7, 8270 Drag | 1.6M | 5 | 466.0K |
| Bognes Fjordkro AS | Hamarøyveien 7251, 8275 Storjorda I Tysfjorden | 0 | 0 | 0 |
The broader industry (restaurant/cafe) has more companies (10) than the restaurant industry (8), and shows a similar sales development. This indicates that there is potential for growth in the broader industry, but it is important to differentiate from existing companies to ensure competitiveness.
Other companies in restaurant / kafé (not in restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Kroverten Mat Og Grillhus Kjell Klingan | cafe | Granittveien 7, 8270 Drag | NOK 1.6M | 5 | NOK 466.0K |
| Bognes Fjordkro As | cafe | Hamarøyveien 7251, 8275 Storjorda I Tysfjorden | NOK 0 | 0 | NOK 0 |
Conclusion
The restaurant industry in Hamarøy has shown growth in sales revenue since 2022, but has also shown variations in the number of employees. There are no bankruptcy registrations, but shows variations in financial results among companies. For entrepreneurs, it is important to investigate local websites and municipal websites to find out if there are opportunities to establish oneself in Hamarøy. The broader industry (restaurant/cafe) has more companies and shows a similar sales development, which indicates that there is potential for growth in the broader industry. It is recommended to differentiate from existing companies to ensure competitiveness.