Sushi Restaurants in Time: Industry and Business Analysis

Sushi restaurant in Time: Key figures and development

In Time, the sushi restaurant industry is a relatively small but dynamic sector with 3 registered companies. In recent years, the industry has shown both strength and uncertainty: Sales increased by 53.3% from 2022 to 2023, but declined by 50.8% in 2022 compared to 2021. Employee development has been more volatile, with a significant increase from 15 to 36 employees in 2023. None of the companies in the industry have filed for bankruptcy, indicating a relatively stable industry structure. It is particularly interesting that one of the companies (Sabi Sushi Bryne) has an EBITDA margin of 19%, which is higher than the industry average.

Economic trends

Sales development (2016–2025):

• 2016: NOK 5.7 million
• 2021: NOK 10.3 million (peak)
• 2022: NOK 5.1 million (sharp decline)
• 2025: NOK 10.5 million (back on growth)

Employee development (2016–2026):

• 2016: 19 employees
• 2023: 36 employees (highest level)
• 2026: 23 employees

Average key figures (for companies in the industry):

• EBITDA margin: 19%
• Gross margin: 73%
• Sales per employee: NOK 837,400

It is particularly worth noting that one of the companies (Sabi Sushi Bryne) has an EBITDA of NOK 2.1 million and a gross profit of NOK 7.8 million, demonstrating good operational efficiency.

Registered companies in the industry

1. Møllehagen Restaurant AS

• Address: Arne Garborgs veg 1, Bryne
• Founded: 2022
• Employees: 12
• Financials: No operating profit or sales reported

2. Sabi Sushi Bryne AS

• Address: Reevegen 13, Bryne
• Founded: 2013
• Employees: 10
• Financials: NOK 10.6 million sales, NOK 2.1 million EBITDA

3. Oe Sushi Holding AS

• Address: Morenefaret 5, Bryne
• Founded: 2021
• Employees: 0
• Financials: NOK -10,000 operating profit

Company structure: All companies are AS entities. There are no companies in the industry with other company structures.

All 3 companies in the sushi restaurant industry in Time are registered in Bryne. Here are the details:

• Number of companies: 3
• Number of employees: 22
• Operating profit: NOK 10.6 million
• Sales: NOK 10.6 million
• Wage costs: NOK 3.6 million
• EBITDA: NOK 2.1 million
• Gross margin: 73%
• Operating margin: 19%

There are no companies registered in other districts of Time.

Bankruptcies: None of the companies in the sushi restaurant industry in Time have filed for bankruptcy.

Operational efficiency:

• One of the companies (Sabi Sushi Bryne) has an EBITDA margin of 19%, which is higher than the industry average.
• Another company (Oe Sushi Holding AS) has a negative operating profit of NOK -10,000, which may indicate a new company creation or temporary challenge.

Development: Sales experienced a sharp decline of 50.8% in 2022, but recovered with an increase of 53.3% in 2023.

Development for entrepreneurs

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

Opportunities:

• Higher sales in 2023 and 2025 show that the industry may have growth potential.
• An EBITDA margin of 19% for one of the companies shows that it is possible to achieve good operational efficiency.
• Focus on Bryne as the only district with activity may provide opportunities for local market share.

Challenges:

• Large variation in sales and number of employees over time (e.g., 50.8% decline in 2022).
• One of the companies has no operating profit or sales, which may indicate operational challenges.
• Competition from 32 companies in the broader restaurant/café industry may be a challenge.

Industry 2 (restaurant/café):

• Number of companies: 35 (the industry has only 3 companies)
• Sales (2025): NOK 24.7 million (sushi: NOK 10.5 million)
• Employees (2026): 192 employees (sushi: 23 employees)

Peer companies in industry 2 (top 5 by EBITDA):

Conclusion: The broader industry has both more companies and higher sales, but the sushi restaurant industry has a higher EBITDA margin (19%) compared to many of the peer companies.

The sushi restaurant industry in Time has both opportunities and challenges. With 3 companies and an EBITDA margin of 19%, the industry shows potential for good operational efficiency. However, there is significant variation in sales and number of employees over time, which can be a challenge for new companies. At the same time, it is important to note that the industry is relatively small compared to the broader restaurant/café industry, which has 35 companies. SmartGrunder can help entrepreneurs find optimal locations in Time for sushi restaurant operations, based on data and market analysis.