The Restaurant Industry in Namsskogan: Current Status and Future Prospects

The restaurant industry in Namsskogan is a small but dynamic sector with two registered companies. The two businesses operate in two different areas of the municipality: Brekkvasselv and Skorovatn. The industry has shown both strong growth and challenges over time, with a combination of high margins and variable income. It is particularly interesting to note the large variations in sales and employees over the years, as well as the different financial premises between the two locations.

Economic trends

Sales and employees over time:

Sales have shown large fluctuations, with an extreme growth of +420.3% from 2017 to 2018, followed by a decline of -60.6% the next year. The highest sales reached 16.0M NOK in 2023, but have since declined. The number of employees increased until 2022, before becoming somewhat more stable in 2023 and 2024. There is a clear connection between increased sales and increased number of employees, especially from 2020 onward.

Registered companies

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

1. Breifossen Veikro (Brekkvasselv) – AS, founded 2016-01-01, 12 employees, operating income 9.5M NOK, EBITDA 1.4M NOK.
2. Skorovasmat As (Skorovatn) – AS, founded 2003-07-31, 7 employees, operating income 1.1M NOK, EBITDA 220,000 NOK.

Both companies are organized as AS, and there are no bankruptcy registrations for either of them. There are no companies in other organizational forms in this industry within the municipality.

Geographic distribution

The two businesses are distributed as follows within the municipality:

Notes:

• Brekkvasselv has higher sales, but a lower EBITDA margin compared to Skorovatn.
• Skorovatn has shown extreme sales growth (+258%) from 2023 to 2024, but with fewer employees.
• Brekkvasselv has higher operating income per employee (1.0M NOK) compared to Skorovatn (234,600 NOK).

There are no registered bankruptcies in the restaurant industry in Namsskogan in recent years. Both companies are still in operation, and there are no indications of increased bankruptcy risks. However, the industry has shown large variations in sales and operating results, which may indicate market uncertainty. For example, Breifossen Veikro had a negative income growth of -21% in 2024, while Skorovasmat As had an extreme growth of +258% in the same year.

Future perspectives

For entrepreneurs considering establishing themselves in the restaurant industry in Namsskogan, there are several important observations:

• Skorovatn has shown extreme sales growth (+258%) in 2024, which may indicate increased opportunities in this area.
• Brekkvasselv has higher operating income, but a lower EBITDA margin, which may indicate higher operating costs.
• There is a clear trend to increase the number of employees from 2020 onward, which may be an indication of increased demand for services in the municipality.
• Development after 2023 has been negative for sales, which may be a challenge for new players.

SmartGrunder can help entrepreneurs find suitable locations and assess potential opportunities in the municipality based on these data.

The restaurant industry in Namsskogan is a small but dynamic sector with growth potential, especially in Skorovatn. Although there have been variations in sales and operating results, there are no registered bankruptcies, which indicates a stable industry. For entrepreneurs, it is important to consider the geographic variations and the different financial premises in the two locations. SmartGrunder can help find suitable addresses and assess opportunities in the municipality.