Lighting Equipment Retail in Elverum

Industry Overview

Lighting equipment retail in Elverum is a small but active sector with two registered companies. The only actively operating business is Elverum Lampeforretning As, which has been in operation since 2006 and employs 3 people. The second company, Slåttsveen Invest As, is registered but has no operations or employees. The industry has been marked by declining sales and revenues, with a negative EBITDA of -5% in 2025. This indicates that the industry faces challenges in profitability and operational stability.

Development Trends

Sales in the industry had a significant increase in 2020 (+44.6%), but have since declined, with a decrease of 19.7% in 2024. Employees also experienced a dramatic decline from 2022 to 2023 (-60%), followed by a mild increase in 2024. This shows an unstable operational economy in the industry, with large variations from year to year.

The industry has had a very unstable economic development. Sales had a significant increase in 2020, but have since declined, with a decline of 19.7% in 2024. Employees also experienced a dramatic decline from 2022 to 2023 (-60%), followed by a mild increase in 2024. This shows an unstable operational economy in the industry, with large variations from year to year.

Elverum Lampeforretning As is the only operational company in the industry. It has been in operation since 2006 and has 3 employees. Slåttsveen Invest As is registered, but has no operations or employees. This shows that the industry is very small and concentrated around one company, which can make it vulnerable to market changes and bankruptcy risk.

The industry is concentrated in Elverum, with one active company in the town. There is no activity in other city districts or municipalities. This shows that the industry is very local and dependent on a single market area. This can be a challenge for future growth, as it limits potential customers and markets.

The industry has not registered any bankruptcies in recent years. However, data shows that Elverum Lampeforretning As has a negative EBITDA of -5%, which indicates that the company has high costs relative to revenue. This can be a sign that the industry has challenges with profitability and operational stability. There is also a significant decline in the number of employees from 2022 to 2023, which may indicate increased operational costs or reductions in operational activity.

Outlook for Entrepreneurs

For entrepreneurs considering starting a lighting equipment retail business in Elverum, data shows that the industry has been marked by unstable economics and a reduction in the number of employees. This can make it challenging to establish oneself in a market area with limited competitiveness. However, there may be opportunities to fill a gap in the market, especially if there is a need for specialized products or services. Entrepreneurs should consider thoroughly analyzing competitors and market needs before deciding to start a business in this sector.

The conference center sector in Elverum has much greater activity than lighting equipment retail, with 34 companies in the sector. Sales in the sector had a significant increase in 2021 (+31.2%), but have since declined, with a decline of 38.6% in 2025. Employees have also declined from 2020 to 2025, but with less variation than in lighting equipment retail. This shows that the conference center sector has a more stable operational economy than lighting equipment retail, which can be an advantage for entrepreneurs considering establishing themselves in this sector.

Peer Companies in the Conference Center Sector

The conference center sector has more companies and higher sales than lighting equipment retail, which can be an advantage for entrepreneurs seeking a more stable market area. This shows that the conference center sector has a better operational economy than lighting equipment retail, which can be an advantage for entrepreneurs considering establishing themselves in this sector.

Lighting equipment retail in Elverum is a small but active sector with two registered companies. The only operational company is Elverum Lampeforretning As, which has been in operation since 2006 and has 3 employees. The industry has been marked by declining sales and revenues, with a negative EBITDA of -5% in 2025. This indicates that the industry faces challenges in profitability and operational stability. Entrepreneurs should consider thoroughly analyzing competitors and market needs before deciding to start a business in this sector. SmartGrunder can help entrepreneurs find suitable addresses in Elverum for this industry, based on natural conditions and market needs.