Lighting Equipment Retail in Harstad: Industry Analysis and Development Trends

Overview of Lighting Equipment Retail in Harstad

Lighting equipment retail in Harstad is a small but dynamic industry with a single company: Ness & Lind As. This company has shown stable sales growth in recent years, although the EBITDA margin is negative. The industry is linked to a broader category, conference centers, which has more companies but shows lower sales growth in comparison. SmartGrunder can help entrepreneurs find suitable addresses in Harstad for this industry, based on natural development trends.

Sales and Employees in Lighting Equipment Retail in Harstad:

Sales have grown by 14.4% from 2023 to 2024, but the EBITDA margin is at -4%. The number of employees has varied, with a decline from 12 in 2022 to 7 in 2026. Key economic figures show that the company has a gross margin of 30%, but an operating margin of -4%. This indicates that operating costs exceed revenues.

There is 1 company registered in lighting equipment retail in Harstad:

• Ness & Lind As (Bårnakkveien 1, Harstad)
• Organizational form: AS
• Founded: 1957-11-01
• Number of employees: 7
• Sales: 16.8M NOK
• EBITDA: -809.0K NOK
• Total equity: 29.3M NOK
• Total debt: 2.1M NOK

Organizational form statistics:

• AS: 1 company, 7 employees, EBITDA margin of -4%.

Location of Businesses in Harstad:

All businesses in lighting equipment retail in Harstad are located in Harstad. There is no activity registered in other districts or municipalities.

Bankruptcies and Operational Economics:

• No insolvency registrations reported for lighting equipment retail in Harstad.
• Employee development: A decline from 12 in 2022 to 7 in 2026, with a significant reduction of 36.4% from 2023 to 2024.
• Sales: Highest growth in 2020 (+35.4%) and 2021 (+18.7%), but a decline in 2022 (-16.2%).

This shows uncertainty in operational economics, even though no insolvency has been registered.

Development Trends for Entrepreneurs

Expectations for Lighting Equipment Retail in Harstad:

• Growing sales: Sales have increased by 14.4% from 2023 to 2024, indicating an expanding market.
• Negative EBITDA: An EBITDA margin of -4% may be a challenge for new companies, but it is possible to improve operational efficiency.
• Single company: There is only one company in the industry, which could provide opportunities for competitive positioning.

SmartGrunder can help entrepreneurs find suitable addresses in Harstad for lighting equipment retail, based on natural development trends and local conditions.

Conference centers are a broader industry in Harstad with 27 companies, compared to 1 company in lighting equipment retail. Economic data shows:

• Sales: Conference centers had 250.7M NOK in 2024, while lighting equipment retail had 16.6M NOK.
• Employees: Conference centers had 208 employees in 2024, while lighting equipment retail had 7 employees.
• EBITDA: Conference centers had variable EBITDA, with both positive and negative values, while lighting equipment retail had -809.0K NOK.

Peer companies in conference centers:

The conference center sector has a more stable economy, but lighting equipment retail has growth potential.

Lighting equipment retail in Harstad is a small but growth-potential industry with a single company. Although the EBITDA margin is negative, sales growth indicates opportunities for development. The conference center sector in Harstad has more companies and a more stable economy, but lighting equipment retail can be a competitive alternative. SmartGrunder can help entrepreneurs find suitable addresses in Harstad for this industry, based on natural development trends and local conditions.