Industry · municipality
Sushi Restaurants in Kongsvinger: Industry Overview and Outlook
Analysis of companies, statistics, and opportunities for entrepreneurs and local decision-makers in Kongsvinger.
Executive Summary
Other Observations
- Number of companies: 4 companies are registered in the sushi restaurant industry in Kongsvinger.
- Sales development: Sales have grown from 2016 to 2024, with a decline of 1.6% in 2025.
- Employees: The number of employees has grown from 7 in 2016 to 23 in 2023, with a decline of 4.8% in 2025.
- Organizational forms: Most companies are AS, with one ENK.
- Bankruptcy safety: None of the registered companies are bankrupt, but some have negative EBITDA values.
Economic Overview
Sales Development (2016–2025):
| Year | Sales (NOK) | Year-over-Year Change |
|---|---|---|
| 2016 | 4.3M | - |
| 2017 | 5.0M | +15.9% |
| 2018 | 5.0M | +0.6% |
| 2019 | 5.3M | +4.4% |
| 2020 | 5.8M | +10.8% |
| 2021 | 7.8M | +33.5% |
| 2022 | 8.4M | +7.8% |
| 2023 | 8.7M | +3.5% |
| 2024 | 9.8M | +12.8% |
| 2025 | 9.6M | -1.6% |
Employee Development (2016–2025):
| Year | Number of Employees | Year-over-Year Change |
|---|---|---|
| 2016 | 7 | - |
| 2017 | 5 | -28.6% |
| 2018 | 6 | +20.0% |
| 2019 | 11 | +83.3% |
| 2020 | 8 | -27.3% |
| 2021 | 10 | +25.0% |
| 2022 | 22 | +120.0% |
| 2023 | 23 | +4.5% |
| 2024 | 21 | -8.7% |
| 2025 | 20 | -4.8% |
Conclusion: Sales have grown over time, with a short-term decline in 2025. Employee numbers have increased significantly, but with a decline in 2024 and 2025.
Companies in the Industry
Registered Companies in Kongsvinger:
- Cuvy As – Brugata 4, Kongsvinger
- Organizational form: AS
- Founded: 2017-11-02
- Number of employees: 14
- EBITDA: 1.0M NOK
- Sales: 9.7M NOK
- Chang Ching As – Brugata 13, Kongsvinger
- Organizational form: AS
- Founded: 2021-04-20
- Number of employees: 9
- EBITDA: -150,000 NOK
- Sales: 1.3M NOK
- Wanwan Sushi Zhou – Digerudvegen 1, Kongsvinger
- Organizational form: ENK
- Founded: 2024-10-16
- Number of employees: 0
- EBITDA: 0 NOK
- Sales: 0 NOK
- Wanwan Sushi Zhou – Digerudvegen 1, Kongsvinger
- Organizational form: ENK
- Founded: 2024-10-04
- Number of employees: 0
- EBITDA: 0 NOK
- Sales: 0 NOK
Organizational Form Statistics: 2 companies are AS, 1 company is ENK. AS companies have higher employee numbers and better financial results compared to ENK companies.
Business Geography
Locations in the Municipality:
- Kongsvinger: 2 companies, 23 employees, operating income 11.1M NOK, sales 11.1M NOK, wages 5.2M NOK, operating profit 450,000 NOK, EBITDA 874,000 NOK, gross profit 7.4M NOK, total equity 1.4M NOK, total debt 3.1M NOK, sales growth -1%, operating income per employee 851,300 NOK, EBITDA margin 7%, EBITDA per employee 67,000 NOK, gross margin 66%, operating margin 4%.
Conclusion: Activity is concentrated in Kongsvinger, with a relatively stable financial situation for the registered companies.
Business Dynamics
Bankruptcies and Economic Stability:
- Bankruptcies: None of the registered companies are bankrupt.
- Economic Stability: Cuvy As has a positive EBITDA (1.0M NOK) and high sales (9.7M NOK). Chang Ching As has a negative EBITDA (-150,000 NOK) and lower sales (1.3M NOK). Wanwan Sushi Zhou has no sales or EBITDA.
Conclusion: The industry has a mix of companies with both positive and negative financial results. There are no bankruptcies, but some companies face economic challenges.
Outlook
Outlook for Entrepreneurs
Sales Development: Sales have grown over time, with a decline of 1.6% in 2025. This may indicate a short-term challenge, but there is a positive trend over time.
Employee Development: The number of employees has grown from 7 in 2016 to 23 in 2023, with a decline of 4.8% in 2025. This may indicate increasing demand for labor, but also a possible decline in activity.
Conclusion: For entrepreneurs, there may be a good opportunity in Kongsvinger, but it is important to be aware of competition and economic challenges in the industry. SmartGrunder can help entrepreneurs find suitable addresses in the municipality for this industry.
Outlook for the Overall Industry
Overall Industry (Restaurant/Café):
- Number of companies: 19 companies in the overall industry, 4 companies in the sushi restaurant industry.
- Sales Development: Sales have grown from 2016 to 2021, with a decline from 2022 to 2025.
- Employee Development: The number of employees has grown from 154 in 2016 to 192 in 2022, with a decline to 127 in 2026.
Peer Companies in the Overall Industry:
| Name | Address | Sales (NOK) | Number of Employees | EBITDA (NOK) |
|---|---|---|---|---|
| Manis As | Rådhusplassen 9, 2212 Kongsvinger | 17.9M | 23 | 1.2M |
| Cafè Venner & Kos As | Brugata 15, 2212 Kongsvinger | 6.6M | 8 | 712,000 |
| Etcetera Norway As | Glommengata 69, 2211 Kongsvinger | 0 | 0 | 0 |
| Food4you As | Glommengata 19, 2211 Kongsvinger | 0 | 15 | 0 |
Conclusion: The overall industry has a larger number of companies and higher sales compared to the sushi restaurant industry. There is a mix of companies with both positive and negative financial results.
Other companies in restaurant / kafé (not in sushi restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Manis As | restaurant | Rådhusplassen 9, 2212 Kongsvinger | NOK 17.9M | 23 | NOK 1.2M |
| Cafè Venner & Kos As | restaurant | Brugata 15, 2212 Kongsvinger | NOK 6.6M | 8 | NOK 712.0K |
| Etcetera Norway As | restaurant | Glommengata 69, 2211 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Etcetera Norway As Konkursbo | restaurant | Lensmann Jahnsens veg 6B, 2211 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Food4you As | restaurant | Glommengata 19, 2211 Kongsvinger | NOK 0 | 15 | NOK 0 |
| Maistro As | restaurant | Storgata 30, 2212 Kongsvinger | NOK 0 | 13 | NOK 0 |
| Mgd As | restaurant | Glommengata 29, 2211 Kongsvinger | NOK 0 | 11 | NOK 0 |
| Moens Mat Og Drikke As Konkursbo | restaurant | c/o Roy-Arne Moen|Odins veg 27, 2214 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Orada Johnsen Thaimat | restaurant | Digerudvegen 2, 2208 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Pizzaria Palermo As Konkursbo | restaurant | Brugata 15, 2212 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Smak Av Thailand Ans | asian restaurant | Dagny Juels veg 4, 2211 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Vingeriet As | cafe | Storgata 13, 2212 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Fru Balchens Inspirasjon As | restaurant | Lensmann Jahnsens veg 7, 2211 Kongsvinger | NOK 62.0K | 0 | NOK -5.0K |
| Kafé Bohem Baanerudgården As | restaurant | Løkkegata 11, 2213 Kongsvinger | NOK 7.8M | 25 | NOK -180.0K |
| Arne Hansen Musikksenter As | restaurant | Glommengata 63, 2211 Kongsvinger | NOK 7.3M | 4 | NOK -440.0K |
Conclusion
The sushi restaurant industry in Kongsvinger has shown positive sales growth over time, with a decline in 2025. The number of employees has increased significantly, but with a decline in 2024 and 2025. There are 4 companies registered in the industry, with a mix of companies having both positive and negative financial results. The overall industry (restaurant/café) has a larger number of companies and higher sales, but also a more variable financial situation. For entrepreneurs, there may be a good opportunity in Kongsvinger, but it is important to be aware of competition and economic challenges in the industry. SmartGrunder can help entrepreneurs find suitable addresses in the municipality for this industry.