Sector

Overnatting og servering

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0 companies ranked against comparable companies in four Morning company classes. Fiscal year 2017. Source: Brønnøysund Register Centre. Methodology

Ranking · 2017

No ranked companies in this class this year.

The rank is the rank in the class. A class with fewer than ten companies is compared with the whole sector. Full ranking · Press mode

Biggest moves

Climbers and fallers need at least two fiscal years with a score. Coming when next year's figures are fetched.

Top lists in the sector · 2017

Highest revenue

No company meets the requirement this year.

Operating revenue.

Highest operating margin

No company meets the requirement this year.

Operating result divided by operating revenue.

Largest profit

No company meets the requirement this year.

Profit before tax.

Largest loss

No company meets the requirement this year.

Profit before tax, the largest negative.

Most solid

No company meets the requirement this year.

Equity ratio: equity divided by total assets.

Fastest growth

No company meets the requirement this year.

Revenue growth from the year before, only from at least NOK 10 million in revenue.

Largest revenue decline

No company meets the requirement this year.

Revenue decline from the year before, only from at least NOK 10 million in revenue.

Biggest climbers

Requires an index for two financial years.

Change in index points from the year before.

Biggest fallers

Requires an index for two financial years.

Change in index points from the year before.

Most employees

No company meets the requirement this year.

Employees according to the Central Coordinating Register.

Highest revenue per employee

No company meets the requirement this year.

Only companies with at least 5 employees.

The lists cover ranked companies in the class: operating companies with at least NOK 1m in revenue, without holding companies and excluded ones. Size lists (revenue, profit, employees) count each group once. Source: Brønnøysund Register Centre. Amounts in other currencies are converted at Norges Bank's rates.

Quadrant analysis

Positions in the sector · 2017

Each company is placed by profitability and solidity, measured as a place from 0 to 100 against the others in the same sector and Morning company class. The bubble shows revenue. Hover over or tap a bubble for the figures, filter by profile or search for a company.

Too few ranked companies to draw the map.

The sector in numbers

Summary · fiscal year 2017

1 of 1 companies have negative equity.

Companies with accounts1
Total revenue3 MNOK
Median operating margin–
Median equity ratio–
Share with a loss100%
Share with negative equity100%

All figures are for fiscal year 2017. Ranked: 0 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index

  • Growth is not included in the index: it needs the previous year's accounts.
  • Consistency is not included in the index: it needs accounts for several years.

Climbers and fallers

Climbers need at least two fiscal years. They appear once next year's accounts are fetched or history is imported.

Needs attention · 2017

1 companies show at least one warning sign. Showing the 1 most important.

Sector map · 2017

Too few ranked companies to draw the map.

Scenario analysis: the sector's weakest year

The sector's weakest year was 2022, with a median operating margin of 2.2%.

Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported.

Fiscal yearMedian operating marginMedian equity ratio
2017––
2019––
2020––
2021––
2022 · weakest year2.2%12.7%
20232.8%19.4%
20243.3%18.8%
20253.8%21.3%
202611.3%34.6%

In 2022, 18 ranked companies did better than the sector, 4 about the same and 22 weaker.

Held up best in 2022

  1. 1Mattis Mat ASequity ratio 80.2%40.8%
  2. 2Sandvika Sushi ASequity ratio 61.5%34.0%
  3. 3Asian Wok ASequity ratio 70.4%30.5%
  4. 4GREEK & Grill ASequity ratio 11.9%27.4%
  5. 5Vågå Hotel ASequity ratio 22.9%21.4%
  6. 6Mai Sushi ASequity ratio 8.1%18.8%
  7. 7Makalaus ASequity ratio 61.2%10.6%
  8. 8Cesar Bar og Cafe ASequity ratio 71.6%10.0%
  9. 9Burger'n ASequity ratio 62.7%8.8%
  10. 10Kocu Eiendom ASequity ratio 18.3%8.3%

Better than the sector: operating margin at or above the sector median and no loss or negative equity. Weaker: operating margin below the median and a loss or negative equity. Otherwise about the same as the sector. Methodology

Drivers in the sector

Interest rates, prices and exchange rates that shape the sector's year, next to the sector's median operating margin. The drivers are context and are not part of the index.

Consumer price index (indeks (2025 = 100))

Latest value: 104.0 (2026M09)

Consumer price index rose 3.0% in 2025; the sector's median operating margin rose 0.5 percentage points.

Consumer price index per year and the sector's median operating margin
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0102.9 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+2.9%
Sector's median operating margin–2.2%2.8%3.3%3.8%11.3%

Source: SSB (14710, CC BY 4.0). Source · fetched 1 November 2026

EUR/NOK (kr)

Latest value: 10.59 (2026-10)

EUR/NOK rose 0.8% in 2025; the sector's median operating margin rose 0.5 percentage points.

EUR/NOK per year and the sector's median operating margin
Measure202120222023202420252026
EUR/NOK, annual average10.1610.1011.4211.6211.7211.04 (so far)
Change from the year before−5.2%−0.6%+13.1%+1.8%+0.8%−5.8%
Sector's median operating margin–2.2%2.8%3.3%3.8%11.3%

Source: Norges Bank (EXR, NLOD 2.0). Source · fetched 1 November 2026

Policy rate (prosent)

Latest value: 4.30 (2026-09)

Policy rate fell 0.20 percentage points in 2025; the sector's median operating margin rose 0.5 percentage points.

Policy rate per year and the sector's median operating margin
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.14 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.16 percentage points
Sector's median operating margin–2.2%2.8%3.3%3.8%11.3%

Source: Norges Bank (IR, NLOD 2.0). Source · fetched 1 November 2026

When policy rate fell in 2025, 1,023 of 2,002 ranked companies kept their operating margin at or above the year before. Among the largest: Scandic Hotels AS (6.6% → 8.4%), Radisson Hotels Norway AS (2.5% → 2.5%), Select Service Partner AS (0.3% → 3.8%), Strawberry Services AS (3.2% → 17.4%), 4Service Landanlegg AS (13.7% → 16.5%).

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

The sector in Norway (SSB)

The whole industry as Statistics Norway counts it: every enterprise, not only the limited companies we rank. Use these figures as background for the ranking above.

Enterprises, employment and turnover · 2024

Enterprises
13,724
+1.2% from 2023
Persons employed
118,290
+0.6% from 2023
Turnover
NOK 131.9 bn
+6.1% from 2023
Gross operating margin
7.1%
Gross operating surplus divided by turnover

All enterprises, sole proprietorships included.

Bankruptcies in the industry

399 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change −5.0% against the four quarters before (420). That is about 29.1 per 1,000 enterprises.

1092024K41202025K1982025K2932025K3872025K41142026K11112026K2872026K3

Foreign-controlled enterprises · 2024

Share of enterprises
1.7%
Share of persons employed
13.9%
Share of turnover
18.2%

SSB publishes this for groups of industries only. The figures are for the group “Overnattings- og serveringsvirksomhet”.

Source: Statistics Norway (SSB), table 12910, table 10790, table 08085. CC BY 4.0. Our industry codes (SN2025) are linked to SSB’s (SN2007) with SSB’s correspondence table in Klass.

Latest bankruptcies and liquidations

All bankruptcies and liquidations in the sector

Industry codes (NACE)

CodeDescription
55*Hele hovedgruppe 55
55.100Drift av hoteller
55.200Drift av vandrerhjem og ferieleiligheter
55.300Drift av campingplasser
55.400Formidlingstjenester tilknyttet overnattingsvirksomhet
55.900Annen overnattingsvirksomhet
56*Hele hovedgruppe 56
56.110Drift av restauranter
56.120Drift av mobile serveringssteder
56.210Catering for arrangementer
56.220Kantinedrift og annen cateringvirksomhet
56.300Drift av barer
56.400Formidlingstjenester tilknyttet serveringsvirksomhet