Overnatting og servering
FollowDownload sector report (PDF)0 companies ranked against comparable companies in four Morning company classes. Fiscal year 2020. Source: Brønnøysund Register Centre. Methodology
Ranking · 2020
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 · 2020
The five largest companies account for 89% of the sector's revenue.
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.
Positions in the sector · 2020
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.
Summary · fiscal year 2020
3 of 7 companies have negative equity.
All figures are for fiscal year 2020. 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 · 2020
4 companies show at least one warning sign. Showing the 4 most important.
- criticalGeko Tapperiet ASNegative equity · Current ratio below 1 (0.40) · Loss before tax
- criticalParthenons ASNegative equity · Current ratio below 1 (0.92) · Loss before tax
- criticalAmore Mat og Vinhus ASNegative equity · Current ratio below 1 (0.10)
- watchL'ardoise ASCurrent ratio below 1 (0.85)
Sector map · 2020
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 year | Median operating margin | Median equity ratio |
|---|---|---|
| 2017 | – | – |
| 2019 | – | – |
| 2020 | – | – |
| 2021 | – | – |
| 2022 · weakest year | 2.2% | 12.7% |
| 2023 | 2.8% | 19.4% |
| 2024 | 3.3% | 18.8% |
| 2025 | 3.8% | 21.3% |
| 2026 | 11.3% | 34.6% |
In 2022, 18 ranked companies did better than the sector, 4 about the same and 22 weaker.
Held up best in 2022
- 1Mattis Mat ASequity ratio 80.2%40.8%
- 2Sandvika Sushi ASequity ratio 61.5%34.0%
- 3Asian Wok ASequity ratio 70.4%30.5%
- 4GREEK & Grill ASequity ratio 11.9%27.4%
- 5Vågå Hotel ASequity ratio 22.9%21.4%
- 6Mai Sushi ASequity ratio 8.1%18.8%
- 7Makalaus ASequity ratio 61.2%10.6%
- 8Cesar Bar og Cafe ASequity ratio 71.6%10.0%
- 9Burger'n ASequity ratio 62.7%8.8%
- 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))
Consumer price index rose 3.0% in 2025; the sector's median operating margin rose 0.5 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (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)
EUR/NOK rose 0.8% in 2025; the sector's median operating margin rose 0.5 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| EUR/NOK, annual average | 10.16 | 10.10 | 11.42 | 11.62 | 11.72 | 11.04 (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)
Policy rate fell 0.20 percentage points in 2025; the sector's median operating margin rose 0.5 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.14 (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.
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
- Arctic Tide AS 936039758 Voluntary liquidation · 31 October 2026
- Aroy Thai TO AS 926599992 Voluntary liquidation · 31 October 2026
- Chicken House AS 927520680 Forced dissolution · 31 October 2026
- Fanky Oysters and Champagne Restauration AS 935234115 Voluntary liquidation · 31 October 2026
- Fjellhjerte AS 938537038 Voluntary liquidation · 31 October 2026
- Kronajordet AS 896897462 Voluntary liquidation · 31 October 2026
- Levanger Sentrum AS 928026167 Voluntary liquidation · 31 October 2026
- Mirchi Lillestrøm AS 937415354 Voluntary liquidation · 31 October 2026
Industry codes (NACE)
| Code | Description |
|---|---|
| 55* | Hele hovedgruppe 55 |
| 55.100 | Drift av hoteller |
| 55.200 | Drift av vandrerhjem og ferieleiligheter |
| 55.300 | Drift av campingplasser |
| 55.400 | Formidlingstjenester tilknyttet overnattingsvirksomhet |
| 55.900 | Annen overnattingsvirksomhet |
| 56* | Hele hovedgruppe 56 |
| 56.110 | Drift av restauranter |
| 56.120 | Drift av mobile serveringssteder |
| 56.210 | Catering for arrangementer |
| 56.220 | Kantinedrift og annen cateringvirksomhet |
| 56.300 | Drift av barer |
| 56.400 | Formidlingstjenester tilknyttet serveringsvirksomhet |