Industry · municipality
Lighting Equipment Retail in Holmestrand: Current Situation and Future Outlook
Analysis of the industry, companies, and development trends in Holmestrand, Vestfold and Telemark
Executive Summary
Overview of Lighting Equipment Retail in Holmestrand
Lighting equipment retail in Holmestrand is a small but stable industry with one registered company: Handshake Norway As. This company has been active in the municipality since 2015 and has 4 employees. Although the industry has been quiet in recent years with zero sales and employees in most years, 2026 data shows a slight increase in the number of employees (2 people). This suggests a potential startup or adjustment in operational strategy.
The industry has not registered any bankruptcies or operational issues, but has a small market share compared to nearby sectors such as conference centers. This could be an opportunity for future development if local demand for lighting equipment increases.
Economic Overview
Lighting equipment retail in Holmestrand has shown a unique development in recent years. According to data from branch_sales_yoy and branch_employees_yoy, the industry has had zero sales and employees from 2016 to 2025. In 2026, there are 2 employees registered, which suggests a startup or adjustment in operational strategy.
The only company in the industry, Handshake Norway As, has however reported high financial figures in 2026: sales of NOK 92.6 million, operating income of NOK 1.8 million and EBITDA of NOK 1.8 million. This may indicate that the industry data for 2026 is extremely positive, even though previous years show a quiet development.
Companies in the Industry
There is one registered company in lighting equipment retail in Holmestrand: Handshake Norway As, with an address at Revåveien 35, Sande I Vestfold. The company was founded in 2015 and has the following characteristics:
- Organizational form: AS
- Number of employees: 4
- Bankruptcies: Not registered
- Operating profit: NOK 1.8 million (2026)
- EBITDA: NOK 1.8 million (2026)
- Sales: NOK 92.6 million (2026)
Organizational form statistics show that all companies in the industry are ASs, which suggests a standardized operational structure in the municipality.
Business Geography
The only company in lighting equipment retail in Holmestrand, Handshake Norway As, is located in Sande I Vestfold. Data from branch_cities shows the following for this area:
- Number of companies: 1
- Number of employees: 4
- Operating income: NOK 92.6 million
- Sales: NOK 92.6 million
- Wages: NOK 2.8 million
- EBITDA margin: 1%
- Gross profit: NOK 30.7 million
This shows that Sande I Vestfold is the only area in the municipality with activity in lighting equipment retail, and that the company has a relatively high operating income compared to the number of employees.
Business Dynamism
Lighting equipment retail in Holmestrand has shown a quiet development in recent years. According to branch_bankruptcy_statistics, no bankruptcies have been registered in the industry, which suggests stable operations. Nevertheless, the industry has had zero sales and employees from 2016 to 2025, which may indicate a weak market share or a transitional period.
The only company, Handshake Norway As, has however reported an increase in operating profit in 2026, which may indicate an improvement in operations or a change in accounting practices.
Future Outlook
Future Outlook for Lighting Equipment Retail
For entrepreneurs considering establishing themselves in lighting equipment retail in Holmestrand, it is important to note the following:
- Large growth potential: Although the industry has been quiet in recent years, 2026 data shows an increase in the number of employees and operating profit. This may indicate that it is possible to further develop in the municipality.
- Low competition level: With one company in the industry, it may be possible to establish oneself without major competitors. This can be an advantage for new players.
- Stable operating profit: The only company has shown stable operations, which suggests that it is possible to maintain a profitable operation in the municipality.
Future Outlook for the Conference Center Sector
The conference center sector in Holmestrand has a larger market share compared to lighting equipment retail, with 28 companies in the sector. According to parent_sales_yoy and parent_employees_yoy, the sector has shown a greater dynamism in recent years, with an increase in sales from NOK 67.2 million in 2016 to NOK 168.8 million in 2025.
Competing companies in the conference center sector include:
| Name | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|
| Plantasjen Norge As Avd Holmestrand | Hvittingfossveien 117D, 3085 Holmestrand | NOK 21.8M | 15 | NOK 12.6M |
| Teien Sag Og Høvleri As | Teienveien 42, 3070 Sande I Vestfold | NOK 59.7M | 10 | NOK 4.5M |
| Europris Sande 427 | Revåveien 35, 3070 Sande I Vestfold | NOK 36.2M | 17 | NOK 3.9M |
The conference center sector has a higher growth rate and larger number of employees compared to lighting equipment retail, which can be an advantage for entrepreneurs seeking a more dynamic sector.
Other companies in konferansesenter (not in lighting equipment store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Plantasjen Norge As Avd Holmestrand | garden supplies store | Hvittingfossveien 117D, 3085 Holmestrand | NOK 21.8M | 15 | NOK 12.6M |
| Teien Sag Og Høvleri As | building supplies store | Teienveien 42, 3070 Sande I Vestfold | NOK 59.7M | 10 | NOK 4.5M |
| Europris Sande 427 | mixed home goods store | Revåveien 35, 3070 Sande I Vestfold | NOK 36.2M | 17 | NOK 3.9M |
| As Sande Meieri Handelslag | building supplies store | Revåveien 5, 3070 Sande I Vestfold | NOK 11.2M | 7 | NOK 2.7M |
| Smartkjøp As | mixed home goods store | Kleivbrottet 1, 3084 Holmestrand | NOK 2.0M | 0 | NOK 555.0K |
| Gjerts Marked As | building supplies store | Kleivbrottet 10, 3084 Holmestrand | NOK 10.5M | 8 | NOK 344.0K |
| Buketten Blomster As | garden supplies store | Hvittingfossveien 123, 3085 Holmestrand | NOK 9.5M | 19 | NOK 75.0K |
| Blomsterhuset Blomster Og Mer As | garden supplies store | Thorshaugveien 2, 3090 Hof | NOK 3.4M | 4 | NOK 62.0K |
| Øivinds Marked As | building supplies store | Dunihagen alle 44, 3072 Sande I Vestfold | NOK 1.0M | 2 | NOK 25.0K |
| Sjøsiden Eiendom As | building supplies store | Kleivbrottet 10, 3084 Holmestrand | NOK 0 | 0 | NOK 14.0K |
| Avs Holding As | non-electrical household articles store | Vestsideveien 70, 3077 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Dnr As | mixed home goods store | Bregnestien 8, 3086 Holmestrand | NOK 0 | 0 | NOK 0 |
| Ellen Rosnes Hundeartikler | fireplace shop | Blindevannsveien 175, 3077 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Engen's Cardstock Kim Anders Nesheim Engen | fireplace shop | Willas vei 4, 3085 Holmestrand | NOK 0 | 0 | NOK 0 |
| Europris Holmestrand 632 | mixed home goods store | Bentsrudveien 4, 3083 Holmestrand | NOK 0 | 15 | NOK 0 |
| Holmestrand Glassmagasin Ans | china/glassware store | Sørbyveien 5A, 3083 Holmestrand | NOK 0 | 0 | NOK 0 |
| Holmestrand Velvære Skoglund | mixed home goods store | Øvre Liavei 8, 3089 Holmestrand | NOK 0 | 0 | NOK 0 |
| Import Luntadila | building supplies store | Kleiverudveien 106, 3086 Holmestrand | NOK 0 | 0 | NOK 0 |
| Import Luntadila | building supplies store | Kleiverudveien 106, 3086 Holmestrand | NOK 0 | 0 | NOK 0 |
| Knivskarpt Lindgren | china/glassware store | Hagemannsveien 7, 3080 Holmestrand | NOK 0 | 0 | NOK 0 |
| Landsnes Design | furniture store | Sandebuktveien 377, 3077 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Mestergruppen Byggevare As Avd Holmestrand | building supplies store | Våleveien 25, 3083 Holmestrand | NOK 0 | 10 | NOK 0 |
| Minerom.no As | non-electrical household articles store | Kleivbrottet 3, 3084 Holmestrand | NOK 0 | 0 | NOK 0 |
| Møbelhuset Holmestrand As | furniture store | Kleivbrottet 10, 3084 Holmestrand | NOK 0 | 10 | NOK 0 |
| Nordisk Ventilasjon As | building supplies store | Solberggrenda 3, 3089 Holmestrand | NOK 0 | 0 | NOK 0 |
| Nordisk Ventilasjon As | building supplies store | Solberggrenda 3, 3089 Holmestrand | NOK 0 | 0 | NOK 0 |
| Sande Blomster Og Gaver Karoline Stiansen | garden supplies store | Revåveien 14, 3070 Sande I Vestfold | NOK 0 | 1 | NOK 0 |
Conclusion
Lighting equipment retail in Holmestrand is a small but stable industry with one registered company. Although the industry has been quiet in recent years, 2026 data shows a slight increase in the number of employees and operating profit. This may indicate that it is possible to further develop in the municipality.
For entrepreneurs, it may be advantageous to consider the conference center sector in Holmestrand, which has a larger market share and higher growth compared to lighting equipment retail. Nevertheless, lighting equipment retail can be an opportunity for those seeking a less competitive sector with potential growth.