How EIK&Friends keeps control of 54 venues with Stockifi

"Stockifi has made recipe building so easy. It keeps track of ingredient price changes and keeps my margins updated.”
tom victor gausdal, executive head chef of Eik&Friends

Tom Victor Gausdal

Executive Head Chef

EIK&Friends operates 54 restaurants, bars,nightclubs, and event spaces across Norway. For Executive Head Chef Tom Victor Gausdal, that means managing recipe portfolios across different concepts, each with its own suppliers and menu requirements. Before Stockifi, keeping their food costs under control meant spending hours in spreadsheets and reacting to price changes after they'd already impacted their margins.

Stock counting was the biggest time drain. "We used to spend hours on stock counts in spreadsheets," Tom explains. The whole team would work through manual data entry, double-checking numbers, and reconciling discrepancies. It pulled people away from actual operations and still left a lot of room for errors.

The other challenge was staying ahead of ingredient price changes. When suppliers raised prices or made invoice mistakes, there was no early warning. By the time the numbers showed up in reports, margins had already taken the hit. Adjusting recipes meant playing catch-up instead of managing costs proactively.

Images from www.eikandfriends.no and www.linkedin.com/company/eikandfriendsas

With Stockifi, recipe building became straightforward. Ingredients, portions, and costs are tracked in one place, and price changes update automatically across the entire portfolio. "It keeps track of ingredient price changes and keeps my margins updated, so I clearly can see when something needs to be adjusted," Tom says. That means he can take action before price increases eat into profitability.

Stock counts that used to take hours are now done quickly. The team uses the app to log inventory, and everyone can participate without the usual spreadsheet headaches. "Now the whole team finishes it in no time," Tom notes.

For a restaurant group managing 54 locations, those efficiencies add up fast. Less time on admin work means more focus on operations. Proactive cost management means margins stay protected. And simplified recipe management means the system scales without adding complexity.

Curious which of Oslo's restaurants are part of the EIK&Friends family? You'd be surprised, with over 50 venues across Norway. From fine dining to natural wine bars, gastropubs, and neighborhood bistros, there's likely a spot you've already been to, or one waiting to be discovered. Browse the collection at eikandfriends.no.

Image from www.eikandfriends.no