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Industry · municipality

The Restaurant Industry in Hareid: Current Situation and Future Prospects

Published 22.09.2026

Analysis of Companies, Economic Trends, and Development in the Restaurant Industry in Hareid Municipality

Executive Summary

Overview of the Restaurant Industry in Hareid

The restaurant industry in Hareid consists of 7 companies with a total of 37 employees. The most central operations are located in Hareid, with a mix of AS and ENK organizational forms. In recent years, the industry has shown variation in sales and operating results, with a sales decline of -10% in 2025 compared to 2024. However, the number of employees has increased significantly, from 7 employees in 2022 to 34 employees in 2026. This indicates growing interest in restaurant operations in the municipality, despite some companies facing economic challenges.

Economic Overview

YearSales (NOK)Number of EmployeesYear-over-Year Change in SalesYear-over-Year Change in Employees
20162.4M8--
20172.5M11+1.6%+37.5%
20182.2M10-10.2%-9.1%
20192.5M8+13.1%-20.0%
20202.5M10-1.4%+25.0%
20212.7M8+10.6%-20.0%
20223.0M7+11.3%-12.5%
20232.9M9-3.9%+28.6%
20242.4M15-18.5%+66.7%
20252.1M26-10.6%+73.3%
2026-34-+30.8%

Sales have been unstable, with a peak in 2022 (NOK 3.0M) and a decline to NOK 2.1M in 2025. The number of employees, however, has shown a significant increase, especially from 2023 onward. This may indicate that businesses are seeking to expand or that there is increased demand for restaurant services in the municipality.

Sales over time — restaurant — Hareid
Sales over time — restaurant
Number of companies — restaurant — Hareid
Number of companies — restaurant
Employees over time — restaurant — Hareid
Employees over time — restaurant

Companies in the Industry

The following companies are registered in the restaurant industry in Hareid:

  1. Millennium Kafé As – Strandgata 91, Hareid (AS, 14 employees)
  2. Napoli Hareid As – Kjøpmannsgata 28, Hareid (AS, 13 employees)
  3. Viking Restaurant As – Kjøpmannsgata 56, Hareid (AS, 7 employees)
  4. Hareid Pizza & Pub As – Strandgata 117, Hareid (AS, 2 employees)
  5. China House Hao Qin Peng – Hareide Sentrum, Hareid (ENK, 1 employee)
  6. Pizza Companiet Arve Rasmussen – Hareid Sentrum, Hareid (ENK, 0 employees)
  7. Sundseth Jenny Xamontys Thaimat – Røysetvegen 35, Hareid (ENK, 0 employees)

The organizational forms are dominated by AS (4 companies) and ENK (1 company). Most companies have not reported sales or operating results, except for Hareid Pizza & Pub As, which has a negative operating result (NOK -93.0K) and EBITDA (NOK -86.0K) in 2025.

Employees by organisation form — restaurant — Hareid
Employees by organisation form — restaurant

Geographic Distribution of Businesses

All businesses in the restaurant industry in Hareid are located in Hareid. There are 5 companies with a total of 37 employees, and a mix of AS and ENK organizational forms. The most detailed figures show that Hareid Pizza & Pub As has a sales volume of NOK 2.1M, but with a negative EBITDA margin of -4% and an operating result per employee of NOK -43.0K. This indicates that some companies are facing economic challenges, even though there are no registered bankruptcies in the industry.

Companies by place — restaurant — Hareid
Companies by place — restaurant

Business Dynamics and Bankruptcy Statistics

There are no registered bankruptcies in the restaurant industry in Hareid. However, the figures show that Hareid Pizza & Pub As has a negative operating result (NOK -93.0K) and EBITDA (NOK -86.0K) in 2025. This may indicate that companies in the industry are facing economic challenges, even though they are not bankrupt. Most companies have not reported sales or operating results, which may indicate that they are new or have a low level of activity.

Future Prospects

The restaurant industry in Hareid shows signs of both potential and challenges. The increase in the number of employees (from 7 in 2022 to 34 in 2026) indicates growing interest in business in the municipality. However, sales have declined in recent years, from NOK 3.0M in 2022 to NOK 2.1M in 2025. This may be a result of economic pressure or competitiveness. For entrepreneurs, there may be an opportunity to establish themselves in a municipality with an increasing number of employees, but it is important to assess local market conditions and competitive solutions. SmartGrunder can help find suitable addresses in Hareid for restaurant operations.

Conclusion

The restaurant industry in Hareid has shown variation in sales and operating results, but there is a clear increase in the number of employees. This indicates growing interest in business in the municipality, even though some companies are facing economic challenges. For entrepreneurs, there may be an opportunity to establish themselves in Hareid, but it is important to assess local market conditions and competitive solutions. SmartGrunder can help find suitable addresses in the municipality for restaurant operations.