Lighting Equipment Retail in Grimstad: Current Status and Outlook

Lighting equipment retail in Grimstad is a small but dynamic industry with four registered companies. The only operational player is Anderssons Elektriske As, which has 2 employees and reports sales volume of NOK 2.8 million. The industry has experienced significant fluctuations in recent years, with a sales decline of -9% in 2024 compared to 2023, but an increase of +12.7% in 2025. Meanwhile, the number of employees in the industry has fluctuated between 1 and 2 people since 2022. The conference center industry, which is a broader category in Grimstad, has 42 companies and a more stable development, which could provide a basis for collaboration or complementary opportunities for new players in the lighting equipment industry.

Sales and Employees in Lighting Equipment Retail in Grimstad (2016–2025):

Key Figures for Anderssons Elektriske As (2024):

• EBITDA margin: 2%
• Sales growth: -9%
• Gross margin: 121%
• EBITDA per employee: NOK 39.5K

The industry has a highly unstable economic development, with significant declines from 2018–2022, but an increase in 2024–2025. The EBITDA margin is low (2%), indicating high operating costs or low pricing.

The following companies are registered in the lighting equipment industry in Grimstad:

1. Anderssons Elektriske As (c/o Inger Hauge apartment 309, Odden 1, Grimstad)

• Founded: 1989-10-09
• Organizational form: AS
• Employees: 2
• Sales: NOK 2.8M
• EBITDA: NOK 78.9K
• Status: Not bankrupt

1. Bjerglund Holding As (Jerpeveien 21, Grimstad)

• Founded: 2024-07-06
• Organizational form: AS
• Employees: 0
• Sales: NOK 0
• Status: Not bankrupt

1. Fevik Holding As (Salverødheia 36, Fevik)

• Founded: 2023-02-16
• Organizational form: AS
• Employees: 0
• Sales: NOK 0
• Status: Not bankrupt

1. Soma Red Light As (Jerpeveien 21, Grimstad)

• Founded: 2024-07-30
• Organizational form: AS
• Employees: 0
• Sales: NOK 0
• Status: Not bankrupt

Organizational form distribution in the industry:

• AS: 1 company (Anderssons Elektriske As)
• 0 companies in other organizational forms (e.g. sole proprietorships, ASA, etc.)

All four companies in the lighting equipment industry in Grimstad are registered in Grimstad. There is no activity in other districts or municipalities in Agder. The only operational player, Anderssons Elektriske As, has its headquarters in Odden 1, Grimstad. The other companies (Bjerglund Holding As, Fevik Holding As, Soma Red Light As) have registered addresses in Grimstad, but no activity is reported for these companies.

Bankruptcies and Operational Status:

• No companies in the lighting equipment industry in Grimstad are registered as bankrupt in 2024.
• Bjerglund Holding As, Fevik Holding As, and Soma Red Light As have no operational activity (sales = NOK 0, employees = 0).
• Anderssons Elektriske As is the only operational player, with a weak financial position (EBITDA = NOK 78.9K, total debt = NOK 488.2K).

Operational fluctuations:

• The number of employees has fluctuated between 1 and 2 people since 2022, with a significant decline from 4 to 1 employee in 2021–2022.
• Sales have fluctuated between NOK 1.6M and NOK 3.2M in 2023–2025, with a significant increase of +76.3% in 2024.

Outlook for Entrepreneurs

For entrepreneurs considering establishing themselves in the lighting equipment industry in Grimstad, the following points are important:

1. Small market size: The industry has only four companies, and the only operational player has a weak financial position (EBITDA margin of 2%).
2. Competitiveness: There is little bankruptcy in the industry, but there is also little operational activity, which may indicate a weak market key.
3. Potential opportunities: The sales increase of +76.3% in 2024 and +12.7% in 2025 may indicate the start of a new market key or increased demand for lighting equipment in Grimstad.
4. Municipal support: Grimstad has good infrastructure and a good transport network, which can be an advantage for new companies in the industry.

Recommendation: Entrepreneurs should consider establishing themselves in Grimstad, but must be prepared for an uncertain economic development and compete with a small market key. It may be profitable to collaborate with local players or utilize the conference center industry as a broader category in the municipality.

The conference center industry in Grimstad is a broader category with 42 companies, compared to the lighting equipment industry which has only four companies. The conference center industry has a more stable economic development, with a sales volume of NOK 280.8M in 2021 and NOK 291.3M in 2022. In 2025, the sales volume had fallen to NOK 181.9M, but it is still higher than in the lighting equipment industry.

Peer companies in the conference center industry (top 5 by EBITDA):

Conclusion: The conference center industry has a more stable economic development and a higher market key than the lighting equipment industry. Entrepreneurs in the lighting equipment industry should consider collaborating with players in the conference center industry to utilize the existing market keys and infrastructure in Grimstad.

The lighting equipment industry in Grimstad is a small but dynamic industry with potential opportunities for entrepreneurs. The only operational player, Anderssons Elektriske As, has a weak financial position, but it may be possible to utilize the sales increase in 2024–2025. The conference center industry in Grimstad has a more stable economic development and a higher market key, which can provide a basis for collaboration or complementary opportunities for new players in the lighting equipment industry. Entrepreneurs should consider establishing themselves in Grimstad, but must be prepared for an uncertain economic development and compete with a small market key. SmartGrunder can help entrepreneurs find suitable addresses in Grimstad for the lighting equipment industry, based on data and market analyses.