The Restaurant Industry in Ulvik: Current Situation and Future Outlook

The restaurant industry in Ulvik is a small but dynamic sector with 7 registered companies in the municipality. In recent years, the number of employees has grown from 10 in 2024 to 22 in 2026, and sales have increased from NOK 2.9 million in 2016 to NOK 3.8 million in 2023. Several of the companies are new, established in 2024 and 2025, and there is a mix of AS and ENK entities. Although there have been no registered bankruptcies in the industry, the data shows significant variations in employee numbers and sales over time, which may indicate uncertainty in the sector.

Sales and Employee Development:

Sales increased by 23.5% from 2017 to 2018, but fell by 43.5% in 2019. There has been a gradual increase since 2020, with a rise of 26% from 2022 to 2023. Employee numbers have been more volatile, with an increase of 100% from 2023 to 2024 and 70% from 2024 to 2025. There is still no data on operating results or wage costs for the most recent years.

There are 7 companies registered in the restaurant industry in Ulvik, with the following details:

1. Ulvik Mat & Drykk As (Promenaden 7) – AS, 19 employees, established 2024-03-13

1. Asian Food On Wheels Basilio (Prestagarden 19) – ENK, 0 employees, established 2024-06-17
2. Sarap! As (Prestagarden 19) – AS, 0 employees, established 2025-09-25
3. Sentrum Cafe Og Catering As (Maritastykket 2) – AS, 0 employees, established 2024-09-03 and 2024-08-17
4. Vårrulltunet Judie (Prestagarden 43) – ENK, 0 employees, established 2025-08-24

There is a mix of AS and ENK entities, but most companies have either 0 employees or were recently established. There are no registered bankruptcies in the industry, but data on operating results and wage costs is missing for all companies.

All 7 companies in the restaurant industry in Ulvik are registered in Ulvik itself. The most represented addresses are:

• Prestagarden 19 (3 companies)
• Promenaden 7 (1 company)

• Maritastykket 2 (2 companies)

There is no data on the distribution of activity between different districts or areas in the municipality. It is possible that the companies are concentrated in central or tourist-friendly areas, but this cannot be concluded from the data.

Bankruptcy Statistics:

• There are no registered bankruptcies in the restaurant industry in Ulvik during the documented period.

Operational Variations:

• Employee numbers have varied significantly, with a decline of 54.5% from 2022 to 2023 and an increase of 100% from 2023 to 2024.
• Sales fell by 43.5% in 2019, but have since grown by 26% from 2022 to 2023.

New Companies:

• 4 of the 7 companies were established after 2024, indicating growth in the sector. This may be a response to increased tourism or local initiatives to develop the food and catering industry in the municipality.

Positive Development:

• There is a clear increase in the number of employees (from 10 in 2024 to 22 in 2026) and sales (from NOK 3.0M in 2022 to NOK 3.8M in 2023). This indicates increased activity in the sector.
• New companies established after 2024 may contribute to increased competitiveness and innovation.

Development Challenges:

• The lack of data on operating results and wage costs makes it difficult to assess profitability.
• Large variations in employee numbers and sales over time may indicate uncertainty in the sector, possibly due to dependence on tourism or local economic factors.

For Founders:

• It may be possible to find locations in Ulvik with potential for new restaurants, especially in areas with existing companies. SmartGrunder can help explore addresses and locations in the municipality that are natural for the restaurant industry.

The restaurant industry in Ulvik is a small but growing sector with 7 companies and 22 employees in 2026. There is a clear increase in the number of employees and sales in recent years, but data on wage costs and operating results is missing. New companies established after 2024 may contribute to increased activity, but it is important to be aware of the uncertainty in the sector. For founders, it may be possible to find locations in Ulvik with potential for new restaurants, especially in areas with existing companies. SmartGrunder can help explore addresses and locations in the municipality that are natural for the restaurant industry.