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

Overview of the Restaurant Industry in Tvedestrand

Tvedestrand has 14 registered restaurants in the municipality, with a total of 80 employees in 2026. The industry shows a mix of stability and variation: sales reached a peak of NOK 35.7 million in 2020, but have since declined somewhat. Nevertheless, there has been stabilization in 2025 with sales of NOK 30.6 million. The EBITDA margin for the entire industry stands at 7%, with variations between individual businesses. The broader category of restaurant/café in the municipality has 17 companies, showing that cafés and specialized restaurants form an important part of the market.

Sales and Employee Development (2016–2026):

Sales experienced strong growth of +40.5% from 2016 to 2017, but have since shown variations. The most stable period was from 2023 to 2025, with a marginal increase of +0.6%. The number of employees has been more volatile, with a peak of 94 in 2018 and a decline to 66 in 2024, followed by an increase to 80 in 2026. The industry's EBITDA margin stands at 7%, with variations between individual businesses.

In Tvedestrand, AS is the most common organizational form, with 6 companies and 98 employees. The key companies include:

• Vertshuset Tvedestrand As (42 employees, NOK 14.2M in sales)
• Kjøpmann Pedersen As (20 employees, NOK 9.9M in sales)
• Pizza Tvedestrand As (9 employees, NOK 6.5M in sales)

Some companies have zero sales (e.g., Liv På Bryggekanten As and Ny Restaurant Tvedestrand As), which may indicate closure or new ventures. Canillos As has a negative EBITDA of NOK -6,000, but is still in operation. None of the companies in the industry are registered as bankrupt in 2026.

Tvedestrand is the main hub for the restaurant industry, with 3 companies and 62 employees. Lyngør and Gjeving also have activity, but with fewer companies. Vestre Sandøya has 1 company with zero sales and zero employees. There is a clear concentration of activity in Tvedestrand, which is the municipality's central district. Lyngør has a higher EBITDA margin of 3% compared to Tvedestrand (7%), but with fewer employees.

Bankruptcy and Financial Stability:

None of the companies in the industry are registered as bankrupt in 2026. Canillos As has a negative EBITDA of NOK -6,000, but is still in operation. Pauls Matservice As has a significant sales decline of -70% in 2024, but still maintains an EBITDA margin of 14%. This shows that while some companies face challenges, the industry generally has a stable financial situation.

Outlook for the Restaurant Industry

Stability and Opportunities:

The restaurant industry in Tvedestrand shows stable development with an EBITDA margin of 7% and an average sales figure of NOK 30.6 million in 2025. There are opportunities for growth in Tvedestrand, especially in the central area, where there is a concentration of activity. However, there are challenges related to competition and financial variations in some companies. For entrepreneurs, it may be profitable to focus on innovation and quality to stand out in the market.

Outlook for the Broader Category (Restaurant/Café)

Comparison with the Parent Category:

The broader category of restaurant/café in Tvedestrand has 17 companies in 2026, showing that cafés and specialized restaurants form an important part of the market. Sales in this category experienced strong growth of +27.9% from 2019 to 2020, but have since declined somewhat. Seilmakerfruens Kro (café) has a high sales volume of NOK 11.2 million, but a negative EBITDA of NOK -262,000. This shows that cafés can have varying levels of financial stability compared to restaurants.

The restaurant industry in Tvedestrand shows stable development with opportunities for growth in the central area. There is a mix of companies with high and low financial stability, which can provide opportunities for entrepreneurs seeking to establish themselves in the municipality. SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to stand out in the market.