The Restaurant Industry in Nord Aurdal: Current Status and Future Perspectives

The restaurant industry in Nord Aurdal has shown a mix of stability and variation in recent years. With 16 registered companies in the municipality (totaling 22 companies), the industry is an important part of the local economy. Sales have grown from 42.3 million NOK in 2025 to 42.3 million NOK in 2025, showing a weak positive trend. Employment has increased by 8.1% from 2025 to 2026, reaching 120 employees. A single bankruptcy case (Munkekroen As) shows that the industry is not without challenges, but overall there is a positive development.

Sales in the restaurant industry in Nord Aurdal have grown by 0.2% from 2024 to 2025, reaching 42.3 million NOK. Employment has increased by 8.1% from 2025 to 2026, reaching 120 employees. In recent years, there have been variations, with a decline of 31.3% from 2016 to 2017, but strong growth of 32.3% from 2020 to 2021. This shows that the industry has been affected by external factors, but has shown resilience in recent years.

In Nord Aurdal, there are 16 registered companies in the restaurant industry, with a total of 22 companies. The main forms of organization are AS (8 companies) and ENK (1 company). Key companies include Bon Tera As (28 employees, 21.4 million NOK in sales), Lunsjbaren As (16 employees, 11.0 million NOK in sales), and Fagernes Kinarestaurant Shan Shao Rong (3 employees, 1.8 million NOK in sales). One bankruptcy case has been registered: Munkekroen As (0 employees, 2.8 million NOK in sales).

Fagernes is the most active area with 4 companies and 58 employees, with sales of 34.2 million NOK. Leira I Valdres has 3 companies, but no activity (0 sales and 0 employees). Aurdal has 2 companies and 14 employees, with sales of 8.7 million NOK. This shows that Fagernes is the most central area for the restaurant industry in the municipality.

The industry has been affected by a single bankruptcy case: Munkekroen As in Fagernes, with an EBITDA of -248,000 NOK and 0 employees. This shows that even though the industry has grown, there are challenges. However, no other bankruptcies have been registered, and most companies have positive EBITDA and stable sales. This indicates that the industry is generally stable, even though some companies face challenges.

For entrepreneurs considering starting a restaurant in Nord Aurdal, the data show there is potential, especially in Fagernes, which has the highest activity. Sales have grown in recent years, and there is an increase in the number of employees. However, it is important to be aware of competition and potential risk factors such as bankruptcies. A solid financial plan and location in Fagernes can be advantageous.

In the broader category 'restaurant / café' in Nord Aurdal, there are 24 companies, showing that the industry is somewhat larger than the individual restaurant category. Sales in this category have grown from 42.3 million NOK in 2025 to 42.3 million NOK in 2025, with a weak positive trend. Peer companies in the café sector include Fjordkafeen As and Stallen 2 As, which have 0 sales and 0 employees. This shows that the café industry has a different dynamic than the restaurant industry, with less activity in some companies.

The restaurant industry in Nord Aurdal shows a mix of growth and stability. With increasing sales and employees, as well as an important role in Fagernes, there is potential for new companies. However, it is important to be aware of competition and risk factors such as bankruptcies. SmartGrunder can help entrepreneurs find suitable locations and analyze development trends in the municipality.