Margins and profitability in manufacture of bread; manufacture of fresh pastry goods and cakes

Manufacture of bread; manufacture of fresh pastry goods and cakesNACE 10.710

324 Norwegian companies in this industry. The median company kept 2.8 % of every krone.

28 % 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 -4.8 %, and one tenth above 13.5 %. That is the real spread in the industry, not an average.

Top against weakest third

Top third
9.0 %
Weakest third
-2.1 %
Spread
11 percentage points
Equity ratio
35.3 %median of 55

Size

Profitability by size

Profitability by size
RevenueCompaniesMedian operating margin
1 to 5 m1082.2 %
5 to 20 m1251.5 %
20 to 100 m694.4 %
over 100 m225.6 %

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

  • Oslo52
  • Trondheim7
  • Sandnes6
  • Tromsø5
  • Kristiansand S4
  • Stavanger4

The six postal towns with the most companies in this industry, by registered business address.

Public contracts

Who in the industry wins public contracts

11 of 324 companies in the industry have won at least one public contract since 2022, that is 3.4 %.

Those that win have median revenue of 38.8 m kr, against 8.1 m kr for those that do not. That is 4.8× as much. Note that this describes who wins, not evidence that contracts make companies large; large companies also find it easier to bid.

The 26 contracts we find come most often from these buyers.

  • Tromsø kommune3
  • Trondheim kommune2
  • Haugesund Kommune2
  • Rogaland fylkeskommune2
  • Bergen kommune - Innkjøp konsern1

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 manufacture of bread; manufacture of fresh pastry goods and cakes

What is a normal operating margin in manufacture of bread; manufacture of fresh pastry goods and cakes?
The median company kept 2.8 % of every krone. That means half of the 324 companies in the sample were above it, and half below.
What separates the best from the weakest in manufacture of bread; manufacture of fresh pastry goods and cakes?
The top third kept 9.0 % of every krone, against -2.1 % for the weakest third. The spread is 11 percentage points, and that is within the same industry, the same country and the same year.
How many companies are there in manufacture of bread; manufacture of fresh pastry goods and cakes in Norway?
We hold filed accounts for 324 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 manufacture of bread; manufacture of fresh pastry goods and cakes?
28 % of the companies in the sample posted a negative operating result.
How large is a typical company in manufacture of bread; manufacture of fresh pastry goods and cakes?
Median revenue is 8.4 m kr. Half of the companies fall between 3.8 m kr and 22.8 m kr.
How much do public contracts matter in manufacture of bread; manufacture of fresh pastry goods and cakes?
11 of 324 companies, that is 3.4 %, have won at least one public contract since 2022. They have median revenue of 38.8 m kr, against 8.1 m kr for the rest.

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Related industries

Other industries in the same group

Method. 324 companies registered on industry code 10.710 (Manufacture of bread; manufacture of fresh pastry goods and cakes) with filed accounts and at least one million kroner in revenue. The figures come from the Norwegian Register of Business Enterprises and are public. Operating margin is operating profit divided by operating revenue.

Each company appears with the most recent accounts we hold for it. For the great majority that is the 2024 filing. Around eight per cent had already filed for 2025 when we collected, and for those the 2025 figures apply. We therefore write "latest accounts" rather than naming a single year.

We show one cross-section and no trend line. Our database has broad coverage for the most recent accounting year, but only a small and non-random sample for earlier years. A curve over time would therefore measure who we happened to collect, not what happened in the industry.

Companies with under one million in revenue are excluded, because dormant limited companies would otherwise pull the median down. We do not publish an industry page until we hold at least 30 companies.

This is a description of an industry, not a ranking of companies. We name no individual company here.

Ohmsyn is built by Erik Harry Høydal.