Industry · municipality
The Restaurant Industry in Steigen: Current Situation and Future Opportunities
A Detailed Analysis of Companies, Economic Trends, and Development Perspectives
Executive Summary
The restaurant industry in Steigen is a small but dynamic sector with three registered companies. In recent years, the industry has experienced both increases and decreases in sales and employee numbers, indicating uncertain economic development. There are no reported bankruptcies in the industry, but some companies show negative economic indicators, such as Steigen Vikingstue AS, which has negative EBITDA. There is a clear variation in the number of employees, with a maximum of 8 employees in 2023 and a minimum of 0 employees in several years. This shows that the industry is sensitive to external factors such as tourism and economic conditions.
The three companies in the industry are distributed across two suburbs: Leinesfjord and Leines. They have different organizational forms, but all are registered as AS. There is no clear trend in the organizational form, which may indicate that there is no dominant structure in the industry.
Overall, the data show that the industry has an uncertain future, but there are opportunities for growth if the companies can adapt to market conditions and improve their economic stability.
Economic Overview
Over the past few years, sales in the restaurant industry in Steigen have shown significant variations. The highest sales were achieved in 2022 with NOK 2.3 million, but they have since fallen to NOK 578,200 in 2024. This indicates a decline of over 75% from 2022 to 2024. Sales increased by 45% from 2016 to 2017, but then experienced a sharp decline of 69.9% from 2017 to 2018. This decline was offset by an increase of 45.5% from 2018 to 2019, but then a new decline of 62.5% from 2019 to 2020. There was a very strong increase of 157.2% from 2020 to 2021, followed by a significant increase of 183.9% from 2021 to 2022. This shows that the industry has been influenced by various factors over time, which may include changes in tourism, economic conditions, and crises.
The number of employees has also shown significant variations. The highest number of employees was achieved in 2023 with 8 employees, but it has since fallen to 2 employees in 2024. There are no reported bankruptcies in the industry, which indicates that the companies have managed to survive the most critical periods. This may be a result of good adaptation to market conditions, but it is also possible that the small number of companies makes bankruptcies less common.



Companies in the Industry
There are three companies registered in the restaurant industry in Steigen. These companies are:
- Lykkehjørnet Café & Gaver AS – This company is registered at Myklebostad 5 in Leinesfjord. It has 6 employees and was founded in 2025. No bankruptcy has been reported, and no sales or operating results are provided.
- Feskarkroa AS – This company is registered at Helnesveien 25 in Leines. It has 0 employees and was founded in 2009. No bankruptcy has been reported, and no sales or operating results are provided.
| 3. Steigen Vikingstue AS – This company is registered at Fjellstad | Engeløyveien 287 in Engeløya. It has 0 employees and was founded in 2018. It has a negative EBITDA of NOK -71,000 and a negative operating result of NOK -177,000. It also has total debt of NOK 3.7 million. This shows that the company has been affected by negative economic conditions, and it is possible that there has been a significant decline in sales or economic challenges. |
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All companies are registered as AS, which indicates that this is the dominant organizational form in the industry. There is no clear trend in the organizational form, which may indicate that there is no dominant structure in the industry.
Business Geography
The restaurant industry in Steigen is distributed across two suburbs: Leinesfjord and Leines. There is one company registered in Leinesfjord, namely Lykkehjørnet Café & Gaver AS, which has 6 employees. No sales or operating results are provided for this company. There is also one company registered in Leines, namely Feskarkroa AS, which has 0 employees. No sales or operating results are provided for this company. There is also one company registered in Engeløya, namely Steigen Vikingstue AS, which has 0 employees. No sales or operating results are provided for this company.
There is no clear trend in the distribution of companies across suburbs, which may indicate that there is no dominant geographic distribution in the industry. It is possible that the small number of companies makes the distribution unclear. It is also possible that the small number of companies makes there no dominant geographic distribution in the industry.

Business Dynamics
The restaurant industry in Steigen has shown significant variations in sales and number of employees over time. The highest sales were achieved in 2022 with NOK 2.3 million, but they have since fallen to NOK 578,200 in 2024. This indicates a decline of over 75% from 2022 to 2024. Sales increased by 45% from 2016 to 2017, but then experienced a sharp decline of 69.9% from 2017 to 2018. This decline was offset by an increase of 45.5% from 2018 to 2019, but then a new decline of 62.5% from 2019 to 2020. There was a very strong increase of 157.2% from 2020 to 2021, followed by a significant increase of 183.9% from 2021 to 2022. This shows that the industry has been influenced by various factors over time, which may include changes in tourism, economic conditions, and crises.
The number of employees has also shown significant variations. The highest number of employees was achieved in 2023 with 8 employees, but it has since fallen to 2 employees in 2024. There are no reported bankruptcies in the industry, which indicates that the companies have managed to survive the most critical periods. This may be a result of good adaptation to market conditions, but it is also possible that the small number of companies makes bankruptcies less common.
Outlook
The outlook for the restaurant industry in Steigen is uncertain, but there are opportunities for growth if the companies can adapt to market conditions and improve their economic stability. It is important to note that the industry has shown significant variations in sales and number of employees over time, which indicates that it is a sensitive sector influenced by various factors such as tourism, economic conditions, and crises. It is also possible that the small number of companies makes bankruptcies less common, which may be a result of good adaptation to market conditions.
For entrepreneurs considering starting a company in this industry in Steigen, it is important to be aware of the economic challenges and opportunities. It is possible that the small number of companies makes bankruptcies less common, which may be a result of good adaptation to market conditions. It is also possible that the small number of companies makes it possible to find a place in the market area. It is also possible that the small number of companies makes it possible to find a place in the market area.
Conclusion
The restaurant industry in Steigen is a small but dynamic sector with three registered companies. In recent years, the industry has experienced both increases and decreases in sales and employee numbers, indicating uncertain economic development. There are no reported bankruptcies in the industry, but some companies show negative economic indicators, such as Steigen Vikingstue AS, which has negative EBITDA. There is a clear variation in the number of employees, with a maximum of 8 employees in 2023 and a minimum of 0 employees in several years. This shows that the industry is sensitive to external factors such as tourism and economic conditions.
It is possible that the small number of companies makes bankruptcies less common, which may be a result of good adaptation to market conditions. It is also possible that the small number of companies makes it possible to find a place in the market area. It is also possible that the small number of companies makes it possible to find a place in the market area. It is also possible that the small number of companies makes it possible to find a place in the market area.