Industry · municipality
Lighting Equipment Retail in Karmøy: Industry Analysis and Development Trends
A detailed analysis of lighting equipment retail in Karmøy with a focus on businesses, economic trends, and opportunities for entrepreneurs and local decision-makers.
Brief Overview of Lighting Equipment Retail in Karmøy
Lighting equipment retail in Karmøy is a small but stable industry with one registered company: K Eng & Co As Lampehuset Haugesund. The industry has shown variations in sales and number of employees over time, with a significant increase in 2020 and a decline in 2023. Although there are no registered bankruptcies in the industry, data shows a dynamic development with both rising and falling trends. This makes the industry interesting for entrepreneurs seeking a specialized market advantage in a region with limited bankruptcy risk.
Economic Trends and Key Figures
Economic Trends
- Sales: The industry experienced a significant increase in sales from 2019 to 2020 (+137.3%), but a sharp decline in 2023 (-56.1%). The highest sales reached NOK 21.4 million in 2021.
- Employees: The number of employees spiked in 2020 (from 7 to 11), but has since decreased back to 5 in 2024. The highest number of employees was 11 in 2020.
- EBITDA Margin: The only company had an EBITDA margin of 6% in 2023, indicating a relatively stable operating result relative to revenue.
- Gross Margin: An extraordinarily high gross margin of 3047% was reported in 2023, which may be due to specific business models or cost structures.
Registered Companies in Lighting Equipment Retail
Registered Companies
- K Eng & Co As Lampehuset Haugesund (Austbøvegen 16, Karmsund)
- Organizational Form: AS
- Founded: 2006-03-01
- Number of Employees: 7
- Bankruptcies: No bankruptcies
- Sales: NOK 7.2 million in 2023
- EBITDA: NOK 493.9 thousand in 2023
- Debt: NOK 2.0 million
- Equity: NOK 1.3 million
- Operating Result: NOK 400.6 thousand in 2023
Geographic Distribution of Activity
Geographic Distribution
- Karmsund is the only city in Karmøy with activity in lighting equipment retail.
- Number of Companies: 1
- Number of Employees: 7
- Sales: NOK 7.2 million
- Wages: NOK 1.9 million
- Operating Result per Employee: NOK 1.3 million
- EBITDA per Employee: NOK 87.2 thousand
- Gross Margin: 3047%
Operational Dynamics and Bankruptcy Statistics
- Bankruptcy: There are no registered bankruptcies in lighting equipment retail in Karmøy during the analysis period.
- Operational Fluctuations: Although there are no bankruptcies, the company has shown significant variations in sales and number of employees. For example, sales increased by 137.3% from 2019 to 2020, but fell by 56.1% from 2022 to 2023.
- Stability: The only company has shown a relatively stable operating result (EBITDA) of 6% in 2023, even though the number of employees has varied.
Outlook for Entrepreneurs in Lighting Equipment Retail
Development for Entrepreneurs
- Niche Market: Lighting equipment retail is a small but specialized industry in Karmøy. The only company has shown growth potential, but with significant variations in sales and operating results.
- Bankruptcy Risk: There are no bankruptcies in the industry, which provides an advantage for entrepreneurs seeking stability.
- Challenges: The small size of the industry and the single company may be a limitation for development. Entrepreneurs must consider opportunities to expand the market or adapt to local needs.
- SmartGrunder Offerings: SmartGrunder can help entrepreneurs find suitable locations in Karmøy for lighting equipment retail, based on data about operating results and market development.
Conference Center Industry in Comparison
- Size: The conference center industry in Karmøy has 62 companies, compared to one in lighting equipment retail. This shows that conference centers are a much larger and more dynamic industry.
- Sales: The conference center industry had an increase in sales from 2016 to 2021, with a peak of NOK 768.9 million in 2021. There has since been a decline, but sales remain higher than in lighting equipment retail.
- Employees: The number of employees in the conference center industry has grown by 13.4% from 2025 to 2026, compared to a decline in lighting equipment retail.
- Peer Companies: Examples of companies in the conference center industry include Byggmax Karmøy (NOK 100.1 million in sales) and Montér Haugesund (NOK 201.9 million in sales). These companies operate in nearby sectors such as building materials, but not in lighting equipment retail.
Other companies in konferansesenter (not in lighting equipment store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Nygaard Bad As | building supplies store | Vahaugvegen 18, 5542 Karmsund | NOK 45.0M | 9 | NOK 11.4M |
| Åkrehamn Trålbøteri As Avd Butikk | building supplies store | Øyavegen 60, 4270 Åkrehamn | NOK 68.4M | 34 | NOK 9.0M |
| Byggmax Karmøy | building supplies store | Sundvegen 18, 4250 Kopervik | NOK 100.1M | 9 | NOK 7.5M |
| Montér Haugesund | building supplies store | Bjørnåsvegen 10, 5542 Karmsund | NOK 201.9M | 40 | NOK 4.5M |
| Jysk Karmøy Avd 531 | furniture store | Helganesvegen 34, 4262 Avaldsnes | NOK 23.4M | 11 | NOK 2.5M |
| Karmøy Møbler As | furniture store | Bygnes, 4250 Kopervik | NOK 31.3M | 14 | NOK 1.8M |
| Megaflis As Avd Haugesund | building supplies store | Norheimsmarka, 5542 Karmsund | NOK 87.4M | 26 | NOK 1.7M |
| Friestad Kjøkken & Interiør As | furniture store | Vestheimvegen 33, 4250 Kopervik | NOK 21.9M | 7 | NOK 1.1M |
| Karmøy Hagesenter As | garden supplies store | Bygnes|Vestheimvegen 7, 4250 Kopervik | NOK 24.2M | 20 | NOK 928.0K |
| Bolia Norsk Avd Av Utenl Foretak Avd Haugesund | furniture store | Austbøvegen 16, 5542 Karmsund | NOK 15.0M | 0 | NOK 568.7K |
| Kopervik Blomsterdesign As | garden supplies store | Austre Karmøyveg 193, 4250 Kopervik | NOK 5.5M | 9 | NOK 316.0K |
| Kjøkkendrift No 1 Åkrahamn As | china/glassware store | Tungarden 1, 4270 Åkrehamn | NOK 5.7M | 10 | NOK 307.0K |
| Veldes Malerservice As Avd Butikk Veavågen | building supplies store | Austre Veaveg 217, 4276 Veavågen | NOK 7.6M | 8 | NOK 233.0K |
| Karmøy Stormarked As | building supplies store | Bygnes, 4250 Kopervik | NOK 10.5M | 9 | NOK 225.0K |
| Vea Hagesenter As | garden supplies store | Bleikmyrvegen 10, 4276 Veavågen | NOK 7.6M | 14 | NOK 206.0K |
| Karmsund Hagesenteret As | garden supplies store | Austbøvegen 17B, 5542 Karmsund | NOK 13.4M | 17 | NOK 198.0K |
| Tilbords Karmsund | china/glassware store | Austbøvegen 16, 5542 Karmsund | NOK 3.9M | 7 | NOK 149.9K |
| Atelier 88 As | furniture store | Sundvegen 330, 4250 Kopervik | NOK 0 | 0 | NOK 0 |
| Atelier 88 As | furniture store | Sundvegen 330, 4250 Kopervik | NOK 0 | 0 | NOK 0 |
| Baderomsoutlet As | furniture store | c/o Trond Erik Nygaard|Stendervegen 23, 5542 Karmsund | NOK 0 | 0 | NOK 0 |
| Blomsterbinderiet Åkrehamn | garden supplies store | Amfi Senter|Tungarden 1, 4270 Åkrehamn | NOK 0 | 0 | NOK 0 |
| Blåklokken Blomsterforretning Aslaug Johanne Mortensen | garden supplies store | Kirkevegen 11, 4280 Skudeneshavn | NOK 0 | 5 | NOK 0 |
| Byggtorget Sandve Trelast As | building supplies store | Storamyr 2, 4280 Skudeneshavn | NOK 0 | 8 | NOK 0 |
| Bygnes Bygg As | building supplies store | Bygnesvegen 50, 4250 Kopervik | NOK 0 | 13 | NOK 0 |
| Bygnes Bygg Holding As | building supplies store | Bygnesvegen 50, 4250 Kopervik | NOK 0 | 0 | NOK 0 |
| Centrum Møbler Ans | furniture store | Bedehusvegen 10, 4270 Åkrehamn | NOK 0 | 5 | NOK 0 |
| Creolines Interiør A M Sletten | non-electrical household articles store | Hovedgaten 52, 4250 Kopervik | NOK 0 | 0 | NOK 0 |
| Cuisine As | non-electrical household articles store | Spannavegen 309, 5542 Karmsund | NOK 0 | 2 | NOK 0 |
| Ebnes Hageplanter | garden supplies store | Helganesvegen 8, 4262 Avaldsnes | NOK 0 | 0 | NOK 0 |
| F Tools Elias Fredriksen | building supplies store | Austbøvegen 30, 5542 Karmsund | NOK 0 | 0 | NOK 0 |
| F Tools Elias Fredriksen | building supplies store | Austbøvegen 30, 5542 Karmsund | NOK 0 | 0 | NOK 0 |
| Filtoria As | china/glassware store | Austbøvegen 15B, 5542 Karmsund | NOK 0 | 0 | NOK 0 |
| Filtoria As | china/glassware store | Austbøvegen 15B, 5542 Karmsund | NOK 0 | 0 | NOK 0 |
| Flisekompaniet As Avd Haugesund | building supplies store | Bjørnåsvegen 10, 5542 Karmsund | NOK 0 | 0 | NOK 0 |
| Grindhaug Import | china/glassware store | Strandavegen 47, 4270 Åkrehamn | NOK 0 | 0 | NOK 0 |
| Hagen På Austreid | garden supplies store | Nordalvegen 31, 4250 Kopervik | NOK 0 | 0 | NOK 0 |
| Hansen & Kristiansen Bygg & Eiendom Ans | building supplies store | Sentrum, 4262 Avaldsnes | NOK 0 | 0 | NOK 0 |
| Haugaland Blomster As | garden supplies store | Prestanesbakken 47, 4262 Avaldsnes | NOK 0 | 14 | NOK 0 |
| Helse Miljø Produkter Jan Dahl | building supplies store | Nettavegen 5, 4275 Sævelandsvik | NOK 0 | 0 | NOK 0 |
| Hobby Nål Og Tråd Ans | non-electrical household articles store | Kaig, 4280 Skudeneshavn | NOK 0 | 0 | NOK 0 |
Conclusion and Future Outlook
Conclusion
Lighting equipment retail in Karmøy is a small but stable industry with one company. The industry has shown both rising and falling trends in sales and operating results, but there are no bankruptcies. The conference center industry in Karmøy is much larger and more dynamic, with higher sales and number of employees. Entrepreneurs should consider opportunities in lighting equipment retail with regard to the niche market and potential development opportunities, but also be aware of the limitations that come with the industry's small size. SmartGrunder can help find suitable locations and strategies to develop a business in this industry.