The Restaurant Industry in Karlsøy: Current Situation and Future Opportunities

The restaurant industry in Karlsøy is a small but diversified sector with 9 registered companies. Most companies have no employees, and there is no sales data available to indicate economic activity. Nevertheless, the mix of organizational forms (ENK, AS, DA) suggests that the industry includes both small sole proprietorships and larger companies. Future growth prospects are uncertain, but there are opportunities to develop in a municipality with a unique geographic position and a focus on tourism.

Economic data shows that the sales peak for restaurants in Karlsøy has been 0 NOK each year from 2016 to 2026. The number of employees has been volatile, with a peak of 7 employees in 2021 and a decline to 3 employees in 2026. This indicates that the industry has faced challenges in maintaining stable activity, even though there is a small but present workforce. Data on operating results or margins is missing, making it difficult to assess profitability.

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

There are no registered bankruptcies, but Jmh Holding As has negative operating results (operating profit: -497,000 NOK, EBITDA: -407,000 NOK). Most companies have no employees, which may indicate that they are in the start-up phase or operate as sole proprietorships.

The distribution of restaurants in Karlsøy is spread across several neighborhoods:

• Hansnes: 1 company (Jan Johansen Agenturer), 2 employees
• Stakkvik: 2 companies (I Finnkroken As and Jmh Holding As), 1 employee total
• Vannvåg: 6 companies (Kloa Kro Da, Krem Kafé Bye, Lindas Kro Da, Moket Ans, Vannatun Da, and Jmh Holding As)

There is no data on sales or income in these neighborhoods, but Vannvåg has the highest number of companies. This may indicate that the area has a higher level of competition or a more developed tourism industry.

The industry has been relatively stable with no registered bankruptcies. However, data shows that Jmh Holding As has negative operating results, which may be a signal of economic challenges. The number of employees has been volatile, with an increase from 2 to 7 employees between 2020 and 2021, and a decline to 3 employees in 2026. This may indicate that the industry has experienced fluctuations in activity, perhaps due to specific events or market conditions.

For entrepreneurs considering starting a restaurant in Karlsøy, it is important to be aware of the industry's small scale and lack of sales data. However, there are opportunities to develop in a municipality with a unique geographic position and potential tourist flows. It is also possible to leverage existing companies as models, even though most have no employees. SmartGrunder can help find suitable addresses and assess development opportunities in the municipality.

In the broader category of restaurant / café in Karlsøy, there are 11 companies, indicating that the industry is somewhat larger than what is registered under the restaurant category. The two most important companies in the broader category that are not registered under restaurant are:

• Loftskroa Da (café) – address: 0, 9135 Vannvåg
• Thai By Svendsen (Asian restaurant) – address: Idrettsveien 2, 9132 Stakkvik

The broader category has the same sales and employee development as the restaurant industry, but with more companies. This may indicate that there are opportunities to develop in a more diversified sector, even though the data still show low activity.

The restaurant industry in Karlsøy is a small but diversified sector with both small sole proprietorships and larger companies. Although there is a lack of sales data and volatile employee numbers, there are opportunities to develop in a municipality with potential tourist flows. Entrepreneurs should consider using SmartGrunder to find suitable addresses and analyze development opportunities in the municipality.