Lighting Equipment Retail in Kragerø: Current Status and Future Outlook

Executive Summary

Lighting equipment retail in Kragerø has been a weakly active industry in recent years. According to data from 2016, the industry had 4 employees and approximately 1.4 million NOK in sales, but activity has since sharply declined. In 2018, zero sales and zero employees were registered, and this situation has persisted until 2026. This indicates that the industry has been in a prolonged decline, with no active companies registered in the municipality today. Nevertheless, there may be opportunities for new actors wishing to establish themselves in a niche market, especially if they connect to other growth areas in the municipality.

Economic Overview

Sales and employees in lighting equipment retail in Kragerø:

Sales: In 2016, the industry had a sales volume of 1.4 million NOK, but this dropped to 1.3 million NOK in 2017 before reaching zero in 2018 and onwards. This is a decline of 100% from 2017 to 2018.
Employees: The number of employees in the industry fell from 4 in 2016 to 1 in 2017, and then became zero from 2018 onwards. This is a decline of 75% from 2016 to 2017 and 100% from 2017 to 2018.

Comparison with the overarching industry

The overarching industry conference centers in Kragerø has shown a more stable development. In 2021, this industry had a sales volume of 140.1 million NOK, which is significantly higher than the previous level of lighting equipment retail. Employees in the conference center industry have varied between 53 and 93 from 2016 to 2025, which shows a more stable labor market situation compared to lighting equipment retail.

Conclusion

Lighting equipment retail in Kragerø has been in a sharp decline in recent years, while the conference center industry has shown a more stable development. This may indicate that there is greater potential in conference center-related activities than in lighting equipment retail in the municipality.

Companies in the Industry

Active companies in the industry

There are no active companies in lighting equipment retail in Kragerø today. According to data from 2016, the industry had one active company, but this has not been registered since 2018. No forms of organization for companies in this industry are registered in the municipality.

Possible causes of decline

This industry has been in a sharp decline since 2018, and it is possible that this is due to a combination of factors such as market deterioration, competitive pressure, and changes in customer needs. It is also possible that there has been a lack of investment in new technologies or adaptation to changes in customer needs.

Conclusion

There are no active companies in lighting equipment retail in Kragerø today, and no forms of organization for companies in this industry are registered in the municipality. This indicates that the industry has been in a sharp decline in recent years, and it is possible that this is due to a combination of factors such as market deterioration, competitive pressure, and changes in customer needs.

Business Geography

Geographic distribution of business

There is no registered geographic distribution of business in lighting equipment retail in Kragerø. No companies in this industry are registered in the municipality today, and therefore it is not possible to provide a detailed overview of where the business has been located.

Possible causes of lack of geographic distribution

There may be several reasons why no geographic distribution of business in lighting equipment retail in Kragerø is registered. One possible reason may be that there have been no active companies in this industry in the municipality today. It may also be due to a lack of data collection or registration of business in this industry in the municipality.

Conclusion

There is no registered geographic distribution of business in lighting equipment retail in Kragerø. No companies in this industry are registered in the municipality today, and therefore it is not possible to provide a detailed overview of where the business has been located.

Business Dynamics

Operational dynamics and bankruptcy statistics

Lighting equipment retail in Kragerø has been in a sharp decline in recent years, and no bankruptcies in this industry are registered in the municipality. No companies in this industry are registered in the municipality today, and therefore it is not possible to provide a detailed overview of bankruptcy statistics.

Possible causes of decline

This industry has been in a sharp decline since 2018, and it is possible that this is due to a combination of factors such as market deterioration, competitive pressure, and changes in customer needs. It is also possible that there has been a lack of investment in new technologies or adaptation to changes in customer needs.

Conclusion

Lighting equipment retail in Kragerø has been in a sharp decline in recent years, and no bankruptcies in this industry are registered in the municipality. No companies in this industry are registered in the municipality today, and therefore it is not possible to provide a detailed overview of bankruptcy statistics.

Outlook

Future outlook for lighting equipment retail in Kragerø

Lighting equipment retail in Kragerø has been in a sharp decline in recent years, and no active companies in this industry are registered in the municipality today. This indicates that there may be challenges for new actors wishing to establish themselves in this industry. Nevertheless, there may be opportunities for new actors wishing to establish themselves in a niche market, especially if they connect to other growth areas in the municipality.

Possible strategies for new actors

For new actors wishing to establish themselves in lighting equipment retail in Kragerø, it may be useful to look at opportunities to adapt to local needs and markets. It may also be useful to look at opportunities to collaborate with other businesses in the municipality, especially in industries that have shown a more stable development, such as conference centers.

Conclusion

Lighting equipment retail in Kragerø has been in a sharp decline in recent years, and no active companies in this industry are registered in the municipality today. This indicates that there may be challenges for new actors wishing to establish themselves in this industry. Nevertheless, there may be opportunities for new actors wishing to establish themselves in a niche market, especially if they connect to other growth areas in the municipality.

Outlook for the Overarching Industry

Outlook for the conference center industry in Kragerø

The conference center industry in Kragerø has shown a more stable development compared to lighting equipment retail. In 2021, this industry had a sales volume of 140.1 million NOK, which is significantly higher than the previous level of lighting equipment retail. Employees in the conference center industry have varied between 53 and 93 from 2016 to 2025, which shows a more stable labor market situation compared to lighting equipment retail.

Peer companies in the conference center industry

There are several companies in the conference center industry in Kragerø that may be interesting to look at more closely, such as:

Frithjof Johnsens Eftf As: Has a sales volume of 21.8 million NOK and 10 employees.
Kragerø Lavpris As: Has a sales volume of 41.8 million NOK and 15 employees.
Evas Hage As: Has a sales volume of 2.4 million NOK and 8 employees.

Conclusion

The conference center industry in Kragerø has shown a more stable development compared to lighting equipment retail. There are several companies in this industry that may be interesting to look at more closely, and there may be opportunities for new actors wishing to establish themselves in this industry.

Other companies in konferansesenter (not in lighting equipment store)

Company	Industry	Address	Sales	Employees	EBITDA
Frithjof Johnsens Eftf As	building supplies store	P.A.Heuchs gate 2, 3770 Kragerø	NOK 21.8M	10	NOK 1.9M
Kragerø Lavpris As	mixed home goods store	Dalaneveien 28-30, 3772 Kragerø	NOK 41.8M	15	NOK 864.0K
Evas Hage As	garden supplies store	Torvgata 12A, 3770 Kragerø	NOK 2.4M	8	NOK 199.0K
Blomsterdekoratør Katrine Langved Utheim	garden supplies store	Storkollveien 14A, 3772 Kragerø	NOK 0	3	NOK 0
Ch Hiis Blomster	garden supplies store	Torvgata 22, 3770 Kragerø	NOK 0	4	NOK 0
Fosso Salg & Service	building supplies store	Løvetannveien 9, 3772 Kragerø	NOK 0	0	NOK 0
Fosso Salg & Service	building supplies store	Løvetannveien 9, 3772 Kragerø	NOK 0	0	NOK 0
Jika Design Katrin Davenport Sagevik	non-electrical household articles store	Storgata 10, 3770 Kragerø	NOK 0	0	NOK 0
Kragerø Blomstermagasin Svein Ørvik	garden supplies store	Storgata 16, 3770 Kragerø	NOK 0	0	NOK 0
Kragerø Kjøkkensenter As	non-electrical household articles store	Kalstadveien 7D, 3772 Kragerø	NOK 0	1	NOK 0
Leco Næring As	building supplies store	Vadfossveien 36A, 3772 Kragerø	NOK 0	0	NOK 0
Maxbo As Avd 334 Maxbo Kragerø	building supplies store	Ytre Strandvei 16, 3770 Kragerø	NOK 0	10	NOK 0
Vibo Invest As	building supplies store	P.A.Heuchs gate 2, 3770 Kragerø	NOK 0	0	NOK -28.0K
Sørlandet Montasje As	non-electrical household articles store	Industriveien 10B, 3766 Sannidal	NOK 284.0K	0	NOK -91.0K
Skeidar Sannidal As	furniture store	Volumsenteret, 3766 Sannidal	NOK 12.8M	6	NOK -643.0K

Conclusion

Lighting equipment retail in Kragerø has been in a sharp decline in recent years, and no active companies in this industry are registered in the municipality today. This indicates that there may be challenges for new actors wishing to establish themselves in this industry. Nevertheless, there may be opportunities for new actors wishing to establish themselves in a niche market, especially if they connect to other growth areas in the municipality. SmartGrunder can help founders explore possible addresses in Kragerø for lighting equipment retail, and it may be useful to look at opportunities to adapt to local needs and markets.