The Restaurant Industry in Stranda: Companies, Statistics, and Outlook

Overview of the Restaurant Industry in Stranda

The restaurant industry in Stranda municipality has shown an interesting development in recent years. With 12 registered companies in the municipality, 3 of which are AS companies and the rest distributed among DA, ENK, and ANS, the industry shows a mix of organizational forms. The development in the number of employees has been positive, increasing from 22 employees in 2016 to 58 employees in 2026. Although sales figures have been weak after 2016, the number of employees has increased significantly, especially from 2022 onwards. This indicates growth in the number of businesses, even though detailed financial data for individual companies is missing.

Sales and Employee Development:

• Sales: In 2016, the restaurant industry in Stranda had total sales of NOK 2.7 million. From 2017 onwards, sales figures have been zero, indicating a significant decline of over 100% compared to 2016.
• Employees: The number of employees has increased significantly, from 22 in 2016 to 58 in 2026. The most notable increase occurred between 2021 and 2022, where the number increased by 105.9%.

Reasons for the Development:

• The dramatic decline in sales after 2016 may be due to a combination of economic challenges, changes in the customer profile, or an increase in the number of companies without a corresponding increase in sales.
• The increase in the number of employees indicates that more companies have been established, even though detailed financial data for individual companies is missing.

In Stranda municipality, there are 12 companies registered in the restaurant industry. These companies are distributed among different organizational forms, with AS being the most common form with 3 companies. Below is an overview of some of the key companies:

Notes:

• Most companies have no employees, which may indicate that they are in the start-up phase or have another organizational structure.
• There are no registered bankruptcies in the industry, which shows a certain level of stability.

The restaurant industry in Stranda municipality is distributed across several neighborhoods and locations. Below is an overview of where the activity is located:

Analysis:

• Geiranger has the most companies (2) compared to Stranda (1), but also has more employees (40 vs. 29).
• Sales figures are zero for both locations, which may indicate that individual companies have not reported sales or that there is a general challenge in the industry.

Bankruptcy Statistics:

• There are no registered bankruptcies in the restaurant industry in Stranda municipality, which shows a certain level of stability in the industry.

Development Over Time:

• The number of employees has increased significantly, especially from 2022 onwards, which indicates that more companies have been established.
• Sales figures have been weak after 2016, which may be due to a combination of economic challenges and an increase in the number of companies without a corresponding increase in sales.

Conclusion:

• The industry has shown positive development in the number of employees, but there is a need for increased sales to ensure economic stability.

Outlook for Entrepreneurs

For entrepreneurs considering establishing themselves in the restaurant industry in Stranda municipality, the data shows both opportunities and challenges:

Opportunities:

• The increase in the number of employees indicates a growing market for restaurant businesses.
• There are no registered bankruptcies, which shows a certain level of stability in the industry.

Challenges:

• Sales figures have been weak after 2016, which may indicate a general challenge in the industry.
• There is a need for increased sales to ensure economic stability.

Recommendation:

• Entrepreneurs should consider focusing on increasing sales and streamlining operations to ensure economic stability.
• It may be beneficial to collaborate with local companies to utilize existing infrastructure and market.

Outlook for Broader Industry (Restaurant/Café)

Comparison with Broader Industry:

• The broader industry (restaurant/café) has 14 companies in Stranda municipality, which shows that there are more companies in this category compared to the restaurant industry.
• Sales figures for the broader industry have been more stable, with an increase from NOK 7.1 million in 2016 to NOK 944,200 in 2025.
• The number of employees has also increased significantly, from 26 in 2016 to 70 in 2026.

Peer Companies:

• Below is an overview of some of the key peer companies in the broader industry:

Conclusion:

• The broader industry (restaurant/café) has shown a more stable development compared to the restaurant industry.
• Entrepreneurs should consider establishing themselves in this broader category to take advantage of better sales figures and the increase in the number of employees.

The restaurant industry in Stranda municipality has shown positive development in the number of employees, but there is a need for increased sales to ensure economic stability. The broader industry (restaurant/café) has shown a more stable development, which can be an advantage for entrepreneurs. There are also opportunities to collaborate with local companies to utilize existing infrastructure and market. SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to ensure economic stability in the industry.