The Restaurant Industry in Hjartdal: Current Situation and Future Perspectives

The restaurant industry in Hjartdal shows a mix of stability and variation. There are two registered companies in the municipality, but with significant differences in operational results and employees. Sales have grown from 2023 to 2025, but the number of employees has been unstable, with a sharp increase in 2023 followed by a decline in 2026. The industry has no registered bankruptcies, but one of the companies has negative equity, which may indicate economic challenges. Outlooks show potential for growth, but with a need for attention to operational economics and market conditions.

Sales development

Sales for restaurant businesses in Hjartdal have shown a strong increase from 2022 to 2023, with a rise of 57.2%, and have continued to grow by 10.9% from 2024 to 2025. Total sales in 2025 amounted to 1.2 million NOK, which is an improvement compared to the lowest point in 2019 (639,500 NOK). This shows a gradual recovery after a period of decline.

Employee numbers

The number of employees has been unstable, with a sharp increase from 3 in 2022 to 11 in 2023, followed by a decline to 5 in 2024 and 2025, and back to 2 in 2026. This variation may be due to fluctuations in operational activity or changes in company structure.

Registered companies

There are two registered companies in the restaurant industry in Hjartdal:

1. Sac Invest As (Flugonvegen 127, Tuddal)

• Legal form: AS
• Founded: 2012-11-14
• Number of employees: 2
• Sales: 1.2 million NOK
• EBITDA: 624,000 NOK
• EBITDA margin: 51%
• Equity: -934,000 NOK

1. Bøen Grill Og Pizza As (Tuddalsvegen 2130, Tuddal)

• Legal form: AS
• Founded: 2026-05-07
• Number of employees: 0
• Sales: 0 NOK
• EBITDA: 0 NOK

Legal forms

All registered companies have the legal form AS. There are no companies with other legal forms in the industry.

Distribution of activity

All registered restaurant businesses in Hjartdal are located in Tuddal. Here there is:

• 1 company with 2 employees
• 1 company with 0 employees
• Total of 2 companies in the municipality

Tuddal is therefore the only area in Hjartdal with activity in the restaurant industry. There is no registered activity in other districts or areas in the municipality.

Operational economic dynamics

• Bankruptcy statistics: There are no bankruptcies registered in the restaurant industry in Hjartdal.
• Bankrupt companies: No companies in the industry are registered as bankrupt.
• Equity and debt: Sac Invest As has negative equity (-934,000 NOK) and high debt (1.8 million NOK), which may indicate economic challenges. Bøen Grill Og Pizza As has not yet reported financial data, as the company was founded in 2026.

The industry shows no bankruptcies, but financial risk factors are present for at least one company.

Outlook for entrepreneurs

The restaurant industry in Hjartdal shows potential for growth, especially with the increasing sales development from 2023 to 2025. This may be due to increased interest in local restaurants or changes in customer behavior. However, it is important to note the stable variations in employee numbers and the financial challenges shown in Sac Invest As' equity and debt.

For entrepreneurs, this means that:

• There are opportunities to establish in a market segment that has shown growth.
• It is necessary to prioritize operational economics and financing to avoid similar challenges as Sac Invest As.
• Tuddal is the only area with activity, which can provide advantages of local market understanding and customer contact.

SmartGrunder can help entrepreneurs explore address alternatives in Hjartdal for the restaurant industry, with a focus on natural conditions and market prospects.

The restaurant industry in Hjartdal shows a mix of stability and variation. With two registered companies, a growing sales development and no bankruptcies, there is potential for further development. However, it is important to be aware of financial risk factors and operational economic challenges. For entrepreneurs, the municipality can offer opportunities, but it is necessary to analyze market conditions and financing thoroughly. SmartGrunder can support in finding optimal locations and strategies to establish in this industry.