Industry · municipality
Lighting Equipment Retail in Arendal: Current Status and Future Outlook
Analysis of the industry, companies, and opportunities for entrepreneurs and local decision-makers in Arendal
Executive Summary
Overview of Lighting Equipment Retail in Arendal
Lighting equipment retail in Arendal is a small but stable industry with two registered companies. Sales have shown variations in recent years, with peaks in 2019 and 2022, followed by declines. Employment figures have been more stable, with a short increase in 2019. However, the industry has negative EBITDA margins, indicating potential challenges in operating results. It is important to note that the industry is small but has a certain level of activity within the municipality.
Economic Overview
Sales Development (NOK):
| Year | Sales (NOK) | Year-over-Year Change |
|---|---|---|
| 2016 | 7.4M | - |
| 2017 | 6.3M | -14.6% |
| 2018 | 6.3M | -0.2% |
| 2019 | 10.8M | +71.5% |
| 2020 | 10.3M | -5.0% |
| 2021 | 8.4M | -18.4% |
| 2022 | 10.4M | +24.6% |
| 2023 | 9.7M | -7.0% |
| 2024 | 10.0M | +3.5% |
| 2025 | 9.3M | -7.6% |
Employment Development:
| Year | Number of Employees | Year-over-Year Change |
|---|---|---|
| 2016 | 9 | - |
| 2017 | 7 | -22.2% |
| 2018 | 7 | +0.0% |
| 2019 | 12 | +71.4% |
| 2020 | 12 | +0.0% |
| 2021 | 9 | -25.0% |
| 2022 | 9 | +0.0% |
| 2023 | 9 | +0.0% |
| 2024 | 9 | +0.0% |
| 2025 | 9 | -22.2% |
The industry has experienced highly variable sales development, with a significant increase in 2019 and a decline in 2021. Employment figures have been more stable, but with a significant decline in 2017 and an increase in 2019. The EBITDA margin has been negative for several years, indicating potential challenges in operating results.
Companies in the Industry
There are two companies registered in lighting equipment retail in Arendal:
- Lampemagasinet Stoa Vest (Stoavest, Arendal)
- Organizational form: AS
- Founded: 2004-11-01
- Number of employees: 5
- Sales: NOK 4.6M
- EBITDA: NOK -578.4K
| 2. Avenyenlys Arendal (Harebakken Senter | Langsæveien 5, Arendal) |
|---|
- Organizational form: AS
- Founded: 2006-03-08
- Number of employees: 2
- Sales: NOK 3.7M
- EBITDA: NOK 104.9K
Both companies are AS entities, and they have a combination of positive and negative EBITDA margins. Lampemagasinet Stoa Vest has a negative EBITDA, while Avenyenlys Arendal has a positive EBITDA.
Business Geography
Activity in Arendal:
- Number of companies: 2
- Number of employees: 7
- Sales: NOK 8.3M
- EBITDA: NOK -473.5K
The industry is concentrated in Arendal, with two companies and 7 employees. There is no activity in other parts of the municipality. The activity is mainly in Arendal, with a combination of positive and negative EBITDA margins.
Business Dynamism
Bankruptcies and Operating Results:
- Lampemagasinet Stoa Vest: No bankruptcy, but negative EBITDA (NOK -578.4K).
- Avenyenlys Arendal: No bankruptcy, but positive EBITDA (NOK 104.9K).
The industry has not experienced bankruptcies, but there is some variation in operating results. Lampemagasinet Stoa Vest has a negative EBITDA, while Avenyenlys Arendal has a positive EBITDA. This shows that the industry has a mix of companies with different operating results.
Outlook
Outlook for Entrepreneurs
For entrepreneurs in lighting equipment retail in Arendal, it is important to be aware of the industry's small size and variations in sales and operating results. It is possible to find a place in the municipality, but it is important to be competitive and have a good business plan. It is also possible to exploit potential collaboration opportunities with other industries in the municipality, such as conference centers, which can provide access to new customers and markets.
Outlook for the Conference Center Industry
Conference Center Industry in Arendal:
- Number of companies: 70
- Sales: NOK 755.9M in 2016, NOK 772.6M in 2025
- Employment development: 432 employees in 2016, 391 employees in 2025
The conference center industry is much larger than lighting equipment retail in Arendal, with 70 companies and higher sales. The EBITDA margin for the conference center industry is higher than for lighting equipment retail, indicating that the conference center industry has better operating results. There are also more companies in the conference center industry, showing that there are more opportunities for collaboration and development in this industry.
Other companies in konferansesenter (not in lighting equipment store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Plantasjen Norge As Avd Arendal | garden supplies store | Vesterveien 198, 4817 His | NOK 23.8M | 22 | NOK 13.7M |
| Byggmax Arendal | building supplies store | Sørsvannsveien 6, 4848 Arendal | NOK 85.1M | 7 | NOK 6.3M |
| Grundes Byggshop As | building supplies store | Stoaveien 10, 4848 Arendal | NOK 53.7M | 17 | NOK 5.6M |
| Løddesøl Sagbruk & Høvleri As | building supplies store | Vigelandsveien 64, 4821 Rykene | NOK 49.8M | 12 | NOK 5.1M |
| Strai Kjøkken Arendal As | non-electrical household articles store | Bryggeriveien 6B, 4848 Arendal | NOK 50.3M | 6 | NOK 4.4M |
| Europris Krøgenes 327 | mixed home goods store | Kystveien 247, 4841 Arendal | NOK 36.2M | 16 | NOK 3.9M |
| Europris Nedenes 447 | mixed home goods store | Vesterveien 705, 4823 Nedenes | NOK 36.2M | 14 | NOK 3.9M |
| Skeidar Arendal As | furniture store | Stoaveien 6, 4848 Arendal | NOK 50.4M | 17 | NOK 3.8M |
| Jula Norge As Avd 633 Arendal | building supplies store | Sørsvannsveien 4A, 4848 Arendal | NOK 67.2M | 21 | NOK 3.4M |
| Megaflis Agderparken As | building supplies store | Agderparken Stoa|Sørsvannsveien 4D, 4848 Arendal | NOK 74.8M | 23 | NOK 3.3M |
| Europris Stoa 344 | mixed home goods store | Sagvannsveien 16, 4848 Arendal | NOK 27.1M | 14 | NOK 2.9M |
| Jysk Arendal Avd 552 | furniture store | Sagvannsveien 52, 4848 Arendal | NOK 23.4M | 12 | NOK 2.5M |
| Arendals Farvehandel As | building supplies store | Stoaveien 12D, 4848 Arendal | NOK 28.7M | 8 | NOK 2.2M |
| Arendal Varmesenter As | fireplace shop | Stoaveien 5A, 4848 Arendal | NOK 15.7M | 3 | NOK 2.2M |
| Bua 2026 As | furniture store | Nedre Tyholmsvei 13, 4836 Arendal | NOK 12.4M | 4 | NOK 1.9M |
| Clas Ohlson As Avd Arendal | mixed home goods store | c/o Amfi Arena|Vesterveien 4, 4836 Arendal | NOK 37.6M | 19 | NOK 1.9M |
| Z Hos Laila As | furniture store | Havnegaten 1, 4836 Arendal | NOK 11.3M | 7 | NOK 1.2M |
| Albo Møbler Arendal As | furniture store | Stoaveien 6, 4848 Arendal | NOK 21.4M | 8 | NOK 1.2M |
| Tilbords Arendal | china/glassware store | Vesterveien 4, 4836 Arendal | NOK 22.7M | 9 | NOK 882.8K |
| Obs Bygg Arendal Avd 049 | building supplies store | Sagvannsveien 60, 4848 Arendal | NOK 15.6M | 24 | NOK 820.4K |
| Arendal Hagesenter As | garden supplies store | Stoaveien 4, 4848 Arendal | NOK 13.5M | 14 | NOK 716.0K |
| Olav Stormo As | building supplies store | Strømsbusletta 11, 4847 Arendal | NOK 14.9M | 13 | NOK 379.0K |
| Mester Grønn Alti Harebakken | garden supplies store | Langsæveien 5, 4846 Arendal | NOK 7.3M | 8 | NOK 291.6K |
| Mester Grønn Stoa Senter | garden supplies store | Sørsvannsveien 2, 4848 Arendal | NOK 5.5M | 7 | NOK 218.7K |
| Jernia Harebakken | building supplies store | Langsæveien 5, 4846 Arendal | NOK 7.1M | 8 | NOK 109.3K |
| Arendal Solskjerming As | building supplies store | Tangen alle 53A, 4817 His | NOK 427.0K | 0 | NOK 102.0K |
| Arendal Solskjerming As | building supplies store | Tangen alle 53A, 4817 His | NOK 427.0K | 0 | NOK 102.0K |
| Kjøkkendrift No 1 Harebakken As | china/glassware store | Langsæveien 5, 4846 Arendal | NOK 7.1M | 6 | NOK 71.0K |
| Fagerheim & Solberg As | building supplies store | Fagerheim, 4920 Staubø | NOK 357.0K | 0 | NOK 6.0K |
| Akg Trading Arthur Kr. Gundersen | non-electrical household articles store | Kongshavn, 4812 | NOK 0 | 0 | NOK 0 |
| Alliumen As | garden supplies store | Strømsbusletta 9, 4847 Arendal | NOK 0 | 0 | NOK 0 |
| Alliumen As Konkursbo | garden supplies store | Strømsbusletta 9, 4847 Arendal | NOK 0 | 0 | NOK 0 |
| Arendal Kjøkkensenter As | non-electrical household articles store | Strømsbusletta 9, 4847 Arendal | NOK 0 | 4 | NOK 0 |
| Blomsterhjørnet As | garden supplies store | Vestre gate 6, 4836 Arendal | NOK 0 | 9 | NOK 0 |
| Bohus Arendal | furniture store | Strømsbusletta 1, 4847 Arendal | NOK 0 | 24 | NOK 0 |
| Botaniko | building supplies store | Asdal 59C, 4824 Bjorbekk | NOK 0 | 0 | NOK 0 |
| Edvardsen Investering As | non-electrical household articles store | Vikaveien 19, 4817 His | NOK 0 | 0 | NOK 0 |
| Eriksen Pro Care | mixed home goods store | Skareveien 291, 4812 Kongshavn | NOK 0 | 0 | NOK 0 |
| Fathead As | furniture store | Rykeneveien 67, 4824 Bjorbekk | NOK 0 | 0 | NOK 0 |
| Hestesko Magasinet As | building supplies store | Havoddveien 24, 4823 Nedenes | NOK 0 | 0 | NOK 0 |
Conclusion
Lighting equipment retail in Arendal is a small but stable industry with two companies. Sales and operating results have been variable, but it is possible to find a place in the municipality. It is important to be aware of the industry's small size and variations in sales and operating results. It is also possible to exploit potential collaboration opportunities with other industries in the municipality, such as conference centers, which can provide access to new customers and markets. SmartGrunder can help entrepreneurs find a place in the municipality for lighting equipment retail and provide advice on how to develop in this industry.