The Restaurant Industry in Tysnes: Current Situation and Future Opportunities

The restaurant industry in Tysnes is a small but dynamic sector with three registered companies. The most significant player is Mandelhuset As, which operates with 24 employees and has an annual revenue of 11.6 million NOK. The industry has experienced variations in sales and number of employees over time, with a peak in 2023 followed by a decline in 2024. Although there are no registered bankruptcies in the sector, data shows that the industry faces challenges with wage costs and operating profit. Tysnes is the only location in the municipality with activity in this industry, which can provide opportunities for local differentiation and development.

Sales and employee development:

Sales grew by 6.3% from 2016 to 2017, but later experienced declines, especially from 2023 to 2025 (-4.5%). The number of employees increased by 50% from 2016 to 2026, but with variations over time. In 2023, the industry had an EBITDA margin of 0% and an operating profit of -1%.

Critical points:

• Low operating profit and EBITDA margin indicate challenges with cost control.
• The sales peak in 2023 was followed by a decline in 2024, which may be due to market conditions or bankruptcy risk.
• Tysnes is the only location in the municipality with activity in this industry, which can provide opportunities for local differentiation.

The following companies are registered in the restaurant industry in Tysnes:

1. Mandelhuset As (Hegglandsvegen 4, Tysnes)

• Legal form: AS
• Employees: 24
• Annual revenue: 11.6M NOK
• EBITDA: 78,000 NOK
• Status: Not in bankruptcy

1. Barreksteren As (Rekstravegen 588, Reksteren)

• Legal form: AS
• Employees: 0
• Annual revenue: 0 NOK
• Status: Not in bankruptcy

1. Barreksteren As Tvangsavviklingsbo (Rekstravegen 588, Reksteren)

• Legal form: KBO
• Employees: 0
• Annual revenue: 0 NOK
• Status: Not in bankruptcy

Legal form:

• AS is the only legal form with activity (1 company), while KBO and AS without activity are registered.
• Mandelhuset As is the only active player with significant revenue and employees.

In Tysnes, activity in the restaurant industry is concentrated in the Tysnes area, with the following data:

Analysis:

• Tysnes is the only location in the municipality with activity in this industry, which can provide opportunities for development in other parts of the municipality.
• There is no data on activity in Reksteren or other areas, which may indicate a concentration of restaurant activity in the Tysnes center.

Bankruptcy and stability:

• There are no registered bankruptcies in the restaurant industry in Tysnes over time.
• Barreksteren As and Barreksteren As Tvangsavviklingsbo have 0 employees and 0 sales, which may indicate inactivity or a previously operating business that no longer operates.

Development trends:

• Sales grew by 6.3% from 2016 to 2017, but later experienced declines, especially from 2023 to 2025 (-4.5%).
• The number of employees increased by 50% from 2016 to 2026, but with variations over time.
• The EBITDA margin was 0% in 2023, indicating challenges with wage costs and operating profit.

Outlook for Entrepreneurs

For entrepreneurs in the restaurant industry in Tysnes, there are both opportunities and challenges:

Opportunities:

• Tysnes is the only location in the municipality with activity in this industry, which can provide opportunities for local differentiation and development.
• There are no bankruptcies in the sector, indicating a stable business.
• Mandelhuset As is a significant player with 24 employees, which can provide opportunities for collaboration or development of complementary services.

Challenges:

• Low operating profit and EBITDA margin indicate challenges with cost control.
• The sales peak in 2023 was followed by a decline in 2024, which may be due to market conditions or bankruptcy risk.
• There is no data on activity in other parts of the municipality, which may indicate a concentration of restaurant activity in the Tysnes center.

Outlook for the Overarching Industry (Restaurant / Café)

Overarching industry:

• The overarching industry restaurant / café has 4 companies in Tysnes, while the restaurant industry has 3 companies.
• Sales and number of employees have similar development trends, but the overarching industry has more companies and potentially greater variation in business.

Peer companies:

• Prasert Thai Mat (Lundahagen 14, 5690 Lundegrend) is a peer company in the overarching industry, with 0 employees and 0 sales. This may indicate a previously operating business or a company form without activity.

Conclusion:

• The overarching industry has more companies and potentially greater variation in business, which can provide opportunities for entrepreneurs seeking to differentiate themselves in Tysnes.

The restaurant industry in Tysnes is a small but dynamic sector with three registered companies. The most significant player is Mandelhuset As, which operates with 24 employees and has an annual revenue of 11.6 million NOK. The industry has experienced variations in sales and number of employees over time, with a peak in 2023 followed by a decline in 2024. Although there are no registered bankruptcies in the sector, data shows that the industry faces challenges with wage costs and operating profit. Tysnes is the only location in the municipality with activity in this industry, which can provide opportunities for local differentiation and development. SmartGrunder can help entrepreneurs find suitable addresses in Tysnes for this industry, with a focus on natural development opportunities.