Restaurants in Rana

The restaurant industry in Rana is an important part of the local economy, with 35 registered companies in the municipality. In recent years, the industry has experienced both increases and decreases in revenue and number of employees, with a significant increase in 2023 (53.1%) followed by a decline in 2024. Mo I Rana is the most active area, with 16 companies and 241 employees. The industry has also been marked by bankruptcies, such as Vr Grill & Bar As. For entrepreneurs, Rana offers both opportunities and challenges, with a mix of established companies and potential market areas in regions such as Utskarpen and Storforsheia.

In Rana, the restaurant industry has experienced variations in revenue and number of employees over time. Revenue had a significant increase of 53.1% in 2023, from NOK 95.2 million to NOK 145.8 million, but then fell to NOK 107.5 million in 2024. The number of employees followed a similar trend, increasing from 261 in 2022 to 300 in 2023, before declining to 286 in 2024. This shows a fluctuating dynamism in the industry, with potential challenges related to economic variations and bankruptcy risk.

In Rana, there are 35 registered companies in the restaurant industry, with 16 companies in Mo I Rana, one in Utskarpen and one in Storforsheia. The most represented organizational forms are AS (17 companies) and NUF (1 company). Examples of companies include Bimbo Veikro As, Tanja's Kjøkken As and Eilertsen Restaurantdrift As. There is also one bankruptcy registered in the industry, namely Vr Grill & Bar As, which had a negative EBITDA of NOK -1.4 million.

The most active companies in the restaurant industry in Rana are located in Mo I Rana, with 16 companies and 241 employees. Utskarpen and Storforsheia have fewer companies, but still show activity. For example, Utskarpen has one company with 30 employees, while Storforsheia has one company with 11 employees. This shows that Mo I Rana is the primary center for the restaurant industry in the municipality.

The restaurant industry in Rana has been marked by bankruptcies and economic variations. There is one bankruptcy registered in the industry, namely Vr Grill & Bar As, which had a negative EBITDA of NOK -1.4 million. This shows that the industry can be vulnerable to economic challenges, even though there are many companies in the municipality. There is also a variation in the financial health of companies, with both positive and negative EBITDA values.

Outlook for Entrepreneurs

For entrepreneurs in the restaurant industry in Rana, there can be both opportunities and challenges. The industry has shown a significant increase in revenue in 2023, but a decline in 2024. There has also been a bankruptcy registered, which may indicate economic risks. Nevertheless, there may be opportunities in areas such as Mo I Rana, where there are many companies and high activity. Entrepreneurs should also consider the competition and economic conditions before starting a company.

The broader restaurant/café industry in Rana has 44 companies, showing that the industry is more extensive than just restaurants. Revenue for this industry had a significant increase in 2023, from NOK 129.8 million to NOK 167.1 million, but then fell to NOK 128.4 million in 2024. There is also a variation in the number of employees, with an increase from 346 in 2022 to 360 in 2023, before a decline to 335 in 2024. This shows that the industry has a dynamism that can be both positive and challenging for entrepreneurs.

The restaurant industry in Rana is an important part of the local economy, with both opportunities and challenges for entrepreneurs. The industry has shown variations in revenue and number of employees, with a significant increase in 2023 and a decline in 2024. There has also been a bankruptcy registered, which may indicate economic risks. Nevertheless, there may be opportunities in areas such as Mo I Rana, where there are many companies and high activity. Entrepreneurs should consider the competition and economic conditions before starting a company.