Industry · municipality
The Restaurant Industry in Time: Current Status and Future Prospects
A detailed analysis of companies, statistics, and outlooks for entrepreneurs and local decision-makers in Time, Rogaland, Norway.
Executive Summary
The restaurant industry in Time is an important part of the local economy, with 21 registered companies in the municipality. In recent years, the industry has been marked by significant declines in both sales and number of employees, with a sales decline of over 75% from 2024 to 2025. Activity is concentrated in Bryne, where 9 of the 16 registered companies are based, while Kvernaland has minimal activity. The industry has also been marked by bankruptcies, such as in the case of Lavinia As, which was registered in 2020 and went bankrupt in 2026. This shows a certain degree of instability in the sector, but there are also companies with positive development, such as Yummy Time Bryne As, which has an EBITDA margin of 7%.
For entrepreneurs, the industry can offer opportunities, especially in Bryne, where there is an existing customer base. However, it is important to be aware of the economic challenges, such as high debt levels and negative EBITDA margins at some companies.
Economic Overview
Sales and employees in the restaurant industry in Time (2016–2026):
| Year | Sales (NOK) | Change in sales (year-over-year) | Number of employees | Change in employees (year-over-year) |
|---|---|---|---|---|
| 2016 | 64,1M | - | 182 | - |
| 2017 | 51,1M | -20.3% | 205 | +12.6% |
| 2018 | 52.3M | +2.4% | 213 | +3.9% |
| 2019 | 61.4M | +17.3% | 140 | -34.3% |
| 2020 | 61.8M | +0.6% | 152 | +8.6% |
| 2021 | 35.7M | -42.3% | 165 | +8.6% |
| 2022 | 51.8M | +45.2% | 174 | +5.5% |
| 2023 | 37.1M | -28.4% | 153 | -12.1% |
| 2024 | 16.5M | -55.6% | 111 | -27.5% |
| 2025 | 4.0M | -75.6% | 110 | -0.9% |
| 2026 | - | - | 104 | -5.5% |
Sales have been highly volatile, with a sharp decline from 2020 to 2021 and a partial recovery in 2022 before another sharp decline in 2023 and 2024. The number of employees has also been marked by fluctuations, with a decline of over 25% from 2022 to 2024. This shows an industry that has been affected by both economic and operational challenges.
Companies in the Industry
In Time, there are 21 companies registered in the restaurant industry, with the dominant organizational form being AS (8 companies) and ENK (2 companies). Some of the most well-known companies in the industry include:
- Jæren Pizza As (Reevegen 13, Bryne): 18 employees, founded in 2021, EBITDA 0 NOK.
- Singh Restaurant As (Lauritz Bellesens gate 25, Bryne): 17 employees, founded in 2019, EBITDA -87.0K NOK.
- Yummy Time Bryne As (Storgata 6, Bryne): 13 employees, founded in 2014, EBITDA 800.0K NOK.
- Lavinia As (Jupitervegen 2, Bryne): 0 employees, founded in 2020, bankrupt in 2026.
There are also several companies with low activity or no sales, such as Bintang Take Away Raden and Kjøkkenet Bryne As, which have lower revenues and EBITDA margins. This shows an industry with significant variation in financial health and operational challenges.
Business Geography
Activity in the restaurant industry in Time is strongly concentrated in Bryne, where 9 companies are registered and 88 employees are employed. Kvernaland has only one company, Happy Time Kk As, with 4 employees, but no sales or operational revenues. There is a clear geographic concentration in Bryne, which is an important central town in the municipality.
Details about activity in Bryne and Kvernaland:
| Location | Number of companies | Number of employees | Sales (NOK) | EBITDA (NOK) |
|---|---|---|---|---|
| Bryne | 9 | 88 | 23.7M | 849.0K |
| Kvernaland | 1 | 4 | 0 | 0 |
This shows that Bryne is the only area in the municipality with significant activity in the restaurant industry, while Kvernaland has minimal contribution. This can be an important factor for entrepreneurs considering establishing themselves in the municipality.
Business Dynamics
The industry has been marked by bankruptcies and economic challenges. An example is Lavinia As, which was registered in 2020 and went bankrupt in 2026. The company had an EBITDA margin of -22% and a debt of 577.0K NOK. This shows that some companies in the industry have been affected by negative operational results and high debt levels.
Bankruptcy statistics for the restaurant industry in Time:
| Company | Address | Sales (NOK) | EBITDA (NOK) | Number of employees |
|---|---|---|---|---|
| Lavinia As | Jupitervegen 2, Bryne | 1.4M | -313.0K | 0 |
This shows that the industry has been marked by instability, but there are also companies with positive development, such as Yummy Time Bryne As, which has an EBITDA margin of 7% and a positive EBITDA of 800.0K NOK. This can be an indication that it is possible to succeed in the industry with the right strategy and financial management.
Outlook
Outlook for Entrepreneurs
For entrepreneurs in the restaurant industry in Time, it is important to be aware of the economic challenges, such as high debt levels and negative EBITDA margins at some companies. However, there can be opportunities, especially in Bryne, where there is an existing customer base and a concentration of companies. This can provide opportunities for collaboration and market share.
It is also important to be aware of the fluctuating sales and employee numbers, which show an industry with significant variation in financial health. Entrepreneurs should consider establishing themselves in Bryne, where there is a greater concentration of companies, and be prepared for the challenges that can arise in an industry with a high bankruptcy rate and unstable economic conditions.
Outlook for Broader Industry (Restaurant / Café)
The broader restaurant / café industry in Time has 35 companies, showing that there are more companies in this category than in the individual restaurant industry. Sales in this category have also been more stable than in the individual restaurant industry, with a decline of 47.3% from 2024 to 2025, compared to a decline of 75.6% in the restaurant industry.
Peer companies in the restaurant / café industry (not in the restaurant industry):
| Company | Address | Sales (NOK) | EBITDA (NOK) | Number of employees | |
|---|---|---|---|---|---|
| Wong As | Storgata 38, 4340 Bryne | 11.9M | 2.3M | 27 | |
| Sabi Sushi Bryne | Reevegen 13, 4340 Bryne | 10.6M | 2.1M | 10 | |
| Jåtten Hoga Pizza | c/o Camilla Jåtten | Reeholen 88B, 4340 Bryne | 0 | 0 | 0 |
This shows that there are companies in the broader industry with positive financial health, which can be an indication that it is possible to succeed in this industry with the right strategy and financial management.
Other companies in restaurant / kafé (not in restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Wong As | burger restaurant | Storgata 38, 4340 Bryne | NOK 11.9M | 27 | NOK 2.3M |
| Sabi Sushi Bryne | sushi restaurant | Reevegen 13, 4340 Bryne | NOK 10.6M | 10 | NOK 2.1M |
| Jåtten Hoga Pizza | cafe | c/o Camilla Jåtten|Reeholen 88B, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Lille India Bryne As | asian restaurant | Storgata 12, 4340 Bryne | NOK 0 | 6 | NOK 0 |
| Marinos Pizza | pizza restaurant | Storgata 6, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Møllehagen Restaurant As | sushi restaurant | Arne Garborgs veg 1, 4340 Bryne | NOK 0 | 12 | NOK 0 |
| Primo Pizzeria As | pizza restaurant | Rektor Undheims veg 27, 4344 Bryne | NOK 0 | 0 | NOK 0 |
| Smiå Cafè As | cafe | Kvernelandsvegen 580, 4346 Bryne | NOK 0 | 0 | NOK 0 |
| Whh Takeaway As | asian restaurant | Vardmyra 32, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Whh Takeaway As | asian restaurant | Vardmyra 32, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Oe Sushi Holding As | sushi restaurant | Morenefaret 5, 4340 Bryne | NOK 0 | 0 | NOK -10.0K |
| Farsekongen As | cafe | Juvelvegen 28, 4355 Kvernaland | NOK 52.0K | 0 | NOK -24.0K |
| Kvess As | cafe | Jærvegen 152, 4340 Bryne | NOK 2.7M | 5 | NOK -65.0K |
| Jordbærpikene Bryne As | cafe | Jupitervegen 2, 4340 Bryne | NOK 7.8M | 18 | NOK -713.0K |
Conclusion
The restaurant industry in Time is an important part of the local economy, but it has been marked by significant declines in both sales and number of employees in recent years. Activity is concentrated in Bryne, where 9 companies are registered and 88 employees are employed, while Kvernaland has minimal activity. The industry has also been marked by bankruptcies, such as in the case of Lavinia As, which was registered in 2020 and went bankrupt in 2026.
For entrepreneurs, the industry can offer opportunities, especially in Bryne, where there is an existing customer base. However, it is important to be aware of the economic challenges, such as high debt levels and negative EBITDA margins at some companies. This shows that it is important to be prepared for the challenges that can arise in an industry with a high bankruptcy rate and unstable economic conditions.
SmartGrunder can help entrepreneurs find suitable addresses in Time for the restaurant industry, based on data and analysis of the local economy. This can give entrepreneurs an advantage by enabling them to choose addresses with potential customer bases and good financial management.