Industry · municipality
Sushi Restaurant in Voss: Economic Analysis and Development Trends
A detailed assessment of the industry, companies, and opportunities for entrepreneurs in Voss Municipality (Vestland).
Executive Summary
Sushi restaurant in Voss: A niche market with growth potential
The sushi restaurant in Voss is a small but growing part of the municipality's food and beverage industry. With two registered companies and annual sales growth of 12.1% in 2024, the industry shows potential for further development. However, the figures indicate that the industry faces challenges, such as the negative EBITDA margin of -15% and a weakly stabilized wage margin of 64%. This underscores the need for careful financial planning for new players.
Economic Overview
Economic Overview: Growth, but with margin challenges
Sales Development:
- 2019–2024: Sales have grown from NOK 7.9 million to NOK 20.2 million (+12.1% in 2024)
- Annual Growth: Stable positive trend since 2019, with highest growth in 2022 (+43.9%)
- 2025: Management of 2025 shows a sharp decline of -71.0% in the parent category, but data for the sushi industry is missing for this year
Wage Development:
- Employees: 37 employees in 2024, but a sharp decline to 4 employees in 2026
- EBITDA: Negative margin of -15% in 2024, with EBITDA per employee of -NOK 82,300
- Gross margin: Stable at 64%, but operating margin negative at -16%
Critical Point: The negative EBITDA margin and large variations in the number of employees indicate the industry's economic instability, despite strong sales growth.
Companies in the Industry
Companies in the Industry: Two players with different structures
Registered Companies:
- Voss Resort Hangurstoppen AS (Evangervegen 3, Voss)
- Organizational form: AS
- Employees: 4
- Sales: NOK 20.8 million
- EBITDA: NOK -3.2 million
- Founded: 2017-04-03
- Malin Restaurant & Express (Vangsgata 8, Voss)
- Organizational form: AS
- Employees: 0
- Sales: NOK 0
- Founded: 2019-11-29
Organizational Structure:
- AS: 1 company with 4 employees
- Zero employees: One company has no activity (Malin Restaurant & Express)
- Bankruptcy security: No companies are registered as bankrupt in the industry
Geographic Distribution
Geographic Distribution: Activity concentrated in Voss
Location-specific data:
- Voss: 1 company with 4 employees and NOK 20.8 million in sales
- Other areas: No detailed data for other areas in the municipality
Conclusion: The sushi industry is concentrated in the central area of Voss, with a single activity on Evangervegen and Vangsgata. No activity is registered in other city districts or populated areas in the municipality.
Operational Dynamics
Operational Dynamics: Stable, but with risk factors
Bankruptcies:
- Sushi industry: No registered bankruptcies in the period 2016–2026
- Parent category: 43 companies in the restaurant/café sector, with some bankruptcies (e.g., Mg Restaurant Pub As Konkursbo)
Operational risk factors:
- EBITDA margin: Negative at -15% for the sushi industry
- Wage development: Large variation in the number of employees (from 0 to 37)
- Sales stability: Sharp decline in the parent category in 2025 (-71.0%), but data for the sushi industry is missing for this year
Conclusion: The sushi industry shows stable operations, but with economic challenges that new players must carefully consider.
Outlook
Development Trends for the Sushi Industry
Expectations for entrepreneurs:
- Growth potential: Sales have grown strongly since 2019, with an annual growth of 12.1% in 2024
- Market share: Sushi is a small part of the larger restaurant/café sector (2 companies vs. 43 in the parent category)
- Competition: Necessary to differentiate from other restaurants in Voss
- Economic risk: Negative EBITDA margin and large variation in the number of employees indicate the need for careful financial planning
Recommendation: Entrepreneurs should consider focusing on quality, unique offerings, and efficient cost management to ensure profitability in a competitive market.
Development in the Parent Category
Development in the Parent Category: Restaurant/Café in Voss
Parent category:
- Number of companies: 43 companies in the restaurant/café sector
- Sales: Highest in 2024 with NOK 138.8 million, but sharp decline in 2025 (-71.0%)
- Employees: Stable at around 250 employees from 2016–2024, with a decline to 246 in 2026
Peer companies:
| Name | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|
| Tre Kokker Voss AS | Vangsgata 32 | NOK 14.2M | 28 | NOK 1.1M |
| Vangen Cafe AS | Hestavangen 3 | NOK 18.0M | 28 | NOK 1.1M |
| Voss Pizza AS | Vangsgata 46 | NOK 12.4M | 16 | NOK 1.0M |
Conclusion: The restaurant/café sector is more stable than the sushi industry, with more companies and higher EBITDA. Sushi can be a niche market, but with lower economic stability.
Other companies in restaurant / kafé (not in sushi restaurant)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Tre Kokker Voss As | cafe | Vangsgata 32, 5700 Voss | NOK 14.2M | 28 | NOK 1.1M |
| Vangen Cafe As | restaurant | Hestavangen 3, 5700 Voss | NOK 18.0M | 28 | NOK 1.1M |
| China House Voss As | restaurant | Hestavangen 7, 5700 Voss | NOK 1.5M | 0 | NOK 1.0M |
| Voss Pizza As | pizza restaurant | Vangsgata 46, 5700 Voss | NOK 12.4M | 16 | NOK 1.0M |
| 2bror Pizza As | pizza restaurant | Ringheimsvegen 47, 5705 Voss | NOK 4.1M | 8 | NOK 585.0K |
| Vossevangen Grill & Steakhouse As | restaurant | Vangsgata 52, 5700 Voss | NOK 7.6M | 20 | NOK 461.0K |
| Mg Restaurant Pub As | restaurant | Holbergsplassen 8, 5700 Voss | NOK 6.4M | 0 | NOK 432.0K |
| Kjappen Voss As | restaurant | Hestavangen 4, 5700 Voss | NOK 2.9M | 2 | NOK 365.0K |
| Alpino Pizzeria As | restaurant | Strandavegen 12, 5705 Voss | NOK 7.3M | 6 | NOK 188.0K |
| Skrot Kafè & Bar As | restaurant | Vangsgata 31, 5700 Voss | NOK 6.0M | 13 | NOK 131.0K |
| Kkc Drift As | restaurant | Raundalsvegen 10, 5706 Voss | NOK 1.0M | 0 | NOK 84.0K |
| Rongahuset Evanger As | restaurant | Knute Nelson-gata 15, 5707 Evanger | NOK 251.0K | 0 | NOK 23.0K |
| Rongahuset Evanger As | restaurant | Knute Nelson-gata 15, 5707 Evanger | NOK 251.0K | 0 | NOK 23.0K |
| Voss Gardsmat As | restaurant | Vikjavegen 356, 5708 Voss | NOK 175.0K | 0 | NOK 5.0K |
| Bill The Greek As | restaurant | Ullestadvegen 24, 5704 Voss | NOK 0 | 7 | NOK 0 |
| Ditt Og Datt As | restaurant | Ringheimsvegen 8, 5704 Voss | NOK 0 | 6 | NOK 0 |
| El Caminito As | restaurant | Voss torg, 5700 | NOK 0 | 5 | NOK 0 |
| Eyye As | cafe | Gurid Almenningens plass 1, 5704 Voss | NOK 0 | 13 | NOK 0 |
| Familyfood As | cafe | Hardangervegen 25, 5705 Voss | NOK 0 | 23 | NOK 0 |
| Holbergsstova As | restaurant | Holbergsplassen 8, 5700 Voss | NOK 0 | 15 | NOK 0 |
| Itachino As | restaurant | Vangsgata 12, 5700 Voss | NOK 0 | 0 | NOK 0 |
| Kro Og Kantineservice Ans | restaurant | Dalsmoen 13-15, 5709 Voss | NOK 0 | 0 | NOK 0 |
| Matr Restaurant & Bar As | restaurant | Vangsgata 31, 5700 Voss | NOK 0 | 9 | NOK 0 |
| Mg Restaurant Pub As Konkursbo | restaurant | Holbergsplassen 8, 5700 Voss | NOK 0 | 0 | NOK 0 |
| Mr Delikatesser As | restaurant | Groadalen 6, 5700 Voss | NOK 0 | 0 | NOK 0 |
| Nye Vossasushi As | restaurant | Uttrågata 29, 5700 Voss | NOK 0 | 0 | NOK 0 |
| Pizzeria Vaksdal As | pizza restaurant | Brekkereino 18, 5704 Voss | NOK 0 | 0 | NOK 0 |
| Taste Of Greece Besf As | restaurant | Finnesvegen 9, 5704 Voss | NOK 0 | 0 | NOK 0 |
| Torget Mat Og Vin As | restaurant | Vangsgata 28, 5700 Voss | NOK 0 | 4 | NOK 0 |
| Tre Brør Drift As | restaurant | Stallgata 15, 5700 Voss | NOK 0 | 0 | NOK 0 |
| Vassvørebua Ans | restaurant | 0, 5707 Evanger | NOK 0 | 0 | NOK 0 |
| Venezia Pizza Voss As | restaurant | Vangsgata 10, 5700 Voss | NOK 0 | 6 | NOK 0 |
| Voss Venture As | restaurant | Brynamoen 8, 5705 Voss | NOK 0 | 0 | NOK 0 |
| Vossago As | restaurant | Uttrågata 29, 5700 Voss | NOK 0 | 0 | NOK 0 |
| Vossasushi As | restaurant | Kleivi 1A, 5705 Voss | NOK 0 | 8 | NOK 0 |
| Yongs Buffè | restaurant | Hestavangen 7, 5700 Voss | NOK 0 | 0 | NOK 0 |
| Carma As | restaurant | Utsikten 7A, 5704 Voss | NOK 0 | 0 | NOK -14.0K |
| Brasell As | restaurant | Giljarhusvegen 36, 5713 Vossestrand | NOK 0 | 0 | NOK -39.0K |
| Voss Resort As | restaurant | Evangervegen 3, 5704 Voss | NOK 12.8M | 8 | NOK -217.0K |
| Al Mangal As | restaurant | Vangsgata 46, 5700 Voss | NOK 2.7M | 4 | NOK -605.0K |
Conclusion
Conclusion: Opportunities and challenges in the sushi industry in Voss
The sushi industry in Voss shows potential for growth, with an annual sales growth of 12.1% in 2024. However, data indicates that the industry faces challenges such as negative EBITDA margin and large variation in the number of employees. Entrepreneurs should consider focusing on quality, efficient cost management, and differentiation from other restaurants in Voss. SmartGrunder can help find suitable locations and assess economic opportunities in the municipality.