Sushi Restaurant in Alta: Key Figures, Outlook, and Entrepreneurship Opportunities

Other Observations

• Sushi Point Alta As is the only company form in the industry, and there is one company registered in total in Alta.
• Economic indicators show that the industry had an operating income of NOK 2.7 million in 2024, with 22 employees.
• EBITDA margin stands at 17%, indicating relatively good operational efficiency.
• Parent industry (restaurant/café) has 35 companies in Alta, showing that the sushi restaurant is a niche market compared to the broader category.
• Bankruptcy safety is good in the industry, but the parent industry has more bankruptcies, which should be considered when investing.

Economic Trends

• Sales in the industry peaked at NOK 8.5 million in 2019, but dropped to NOK 1.1 million in 2021 and NOK 4,500 in 2022 before rising to NOK 2.7 million in 2024.
• Yearly development shows a dramatic decline of 84.3% from 2020 to 2021, but an increase of 33.3% from 2023 to 2024.
• Employees decreased from 29 in 2021 to 18 in 2023, but rose back to 22 in 2026.
• EBITDA has been stable at around NOK 477,000 in 2024, with a margin of 17%.
• Gross margin stands at 75%, indicating good cost control in operations.

Companies in the Industry

• Sushi Point Alta As is the only company in the industry, registered at Markedsgata 21, Alta.
• Company form is AS, established on June 29, 2020, with 22 employees.
• Economic data:
• Sales: NOK 2.7 million
• Operating income: NOK 2.7 million
• EBITDA: NOK 477,000
• EBITDA per employee: NOK 259,200
• Gross profit: NOK 2.0 million
• Total equity: NOK 360,000
• Total debt: NOK 1.1 million
• Bankruptcy status: Not bankrupt.
• Postal code: 9510 Alta.

Geographic Distribution

• Alta is the only city in the municipality with activity in the sushi restaurant industry.
• Number of companies: 1
• Number of employees: 22
• Sales: NOK 2.7 million
• Operating income per employee: NOK 1.5 million
• EBITDA margin: 17%
• Gross margin: 75%
• Total equity: NOK 360,000
• Total debt: NOK 1.1 million
• Sales growth: 0% in 2024.

Operational Dynamics and Risk

• Bankruptcies in the industry: No registered bankruptcies for the sushi restaurant in Alta.
• Parent industry risk: In the restaurant/café sector in Alta, there have been several bankruptcies, especially in 2021–2022.
• Sales decline: The sushi restaurant had a decline of 84.3% from 2020 to 2021, but stabilized again in 2024.
• Employees: Decrease from 29 in 2021 to 18 in 2023, but increased to 22 in 2026.
• EBITDA: Remained stable at around NOK 477,000 in 2024, even after a significant decline in 2021.
• Warning: The parent industry has shown unstable trends, but the sushi restaurant has demonstrated resilience.

Outlook for Entrepreneurs

• Market space: The sushi restaurant is a niche market in Alta, with only one company in the industry.
• Stability: The existing company has shown resilience, even after a significant decline in 2021–2022.
• Bankruptcy risk: No bankruptcies in the industry, but the parent industry has more challenges.
• EBITDA margin: 17%, indicating good operational efficiency.
• Employees: 22 employees in 2026, showing stable operations.
• Advice: Entrepreneurs should consider leveraging Alta as a city with potential customers, but be aware of the parent industry's unstable trends.
• SmartGrunder: Can help find an optimal location in Alta for a new sushi restaurant, based on operational data and market space.

• Total number of companies: 35 in Alta (2025).
• Sales: NOK 87.6 million in 2025, with a decline of 6.7% from 2024.
• Employees: 272 in 2026, with a decline of 5.2% from 2025.
• EBITDA: Variable, with companies such as Nordlyspizza As (NOK 1.5 million) and Lille Kjøkken Alta As (NOK 1.4 million) leading the way.
• Bankruptcies: Several companies in the parent industry have gone bankrupt, such as Altapizza As and Aranya As.
• Comparison with sushi: The sushi restaurant has lower sales (NOK 2.7 million) but a higher EBITDA margin (17% vs. variable in the parent industry).
• Advice: Entrepreneurs should consider leveraging the sushi niche market, but be aware of the parent industry's unstable trends.

Conclusion

• The sushi restaurant in Alta is a stable but small industry with one company and 22 employees.
• Economic indicators show good operational efficiency with a 17% EBITDA margin and 75% gross profit.
• Unstable trends in the parent industry should be considered, but the sushi restaurant has shown resilience.
• SmartGrunder can help entrepreneurs find an optimal location in Alta for a new sushi restaurant, based on operational data and market space.
• Future development: Should consider leveraging Alta as a city with potential customers, but be aware of the parent industry's challenges.