Margins and profitability in hotels and similar accommodation
447 Norwegian companies in this industry. The median company kept 3.9 % of every krone.
29 % of the companies in this industry posted a negative operating result that year.
The distribution
What companies in the industry earned
One tenth of companies fell below -9.7 %, and one tenth above 14.6 %. That is the real spread in the industry, not an average.
Top against weakest third
Size
Profitability by size
| Revenue | Companies | Median operating margin |
|---|---|---|
| 5 to 20 m | 102 | 1.8 % |
| 20 to 100 m | 260 | 4.6 % |
| over 100 m | 82 | 4.2 % |
Companies are split into revenue bands, with the median margin in each. Bands with fewer than ten companies are omitted, because the median becomes too unstable to show.
Geography
Where the companies are based
- Oslo2
- Farsund1
- Fåberg1
- Flåm1
- Haltdalen1
- Gudvangen1
The six postal towns with the most companies in this industry, by registered business address.
Public contracts
Who in the industry wins public contracts
36 of 447 companies in the industry have won at least one public contract since 2022, that is 8.1 %.
Those that win have median revenue of 40.4 m kr, against 37.5 m kr for those that do not. That is 1.1× as much. Note that this describes who wins, not evidence that contracts make companies large; large companies also find it easier to bid.
The 62 contracts we find come most often from these buyers.
- OFA - Konkurranseportal11
- Vestland fylkeskommune7
- Rogaland fylkeskommune6
- Ringerike Kommune6
- Politiets fellestjenester5
Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.
Questions and answers
Common questions about hotels and similar accommodation
- What is a normal operating margin in hotels and similar accommodation?
- The median company kept 3.9 % of every krone. That means half of the 447 companies in the sample were above it, and half below.
- What separates the best from the weakest in hotels and similar accommodation?
- The top third kept 12.1 % of every krone, against -5.4 % for the weakest third. The spread is 17 percentage points, and that is within the same industry, the same country and the same year.
- How many companies are there in hotels and similar accommodation in Norway?
- We hold filed accounts for 447 Norwegian companies on this industry code with at least one million kroner in revenue. The real number is higher, since dormant and very small companies are excluded.
- How many are loss-making in hotels and similar accommodation?
- 29 % of the companies in the sample posted a negative operating result.
- How large is a typical company in hotels and similar accommodation?
- Median revenue is 37.7 m kr. Half of the companies fall between 21.1 m kr and 72.9 m kr.
- How much do public contracts matter in hotels and similar accommodation?
- 36 of 447 companies, that is 8.1 %, have won at least one public contract since 2022. They have median revenue of 40.4 m kr, against 37.5 m kr for the rest.
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