Lighting Equipment Retail in Lillehammer: Current Status and Outlook

Lighting equipment retail in Lillehammer is a small but stable industry with one registered company: K Eng & Co As Lampehuset. This company has been operational since 2010 and has 6 employees. Although the number of employees has varied over time, average sales have increased by 21.6% from 2023 to 2024. The industry shows growth potential, especially with high gross profit margin (3367%) and a stable operating profit margin of 6%.

Sales and employees in lighting equipment retail in Lillehammer:

Key figures:

• Gross profit margin: 3367%
• Operating profit margin: 5%
• EBITDA margin: 6%
• EBITDA per employee: 89,400 NOK
• Sales growth 2023–2024: +21.6%

The industry has high gross profit margins, but a lower operating profit margin compared to other sectors. This stability may be due to high operating costs or low competition in the municipality.

K Eng & Co As Lampehuset is the only registered company in lighting equipment retail in Lillehammer. Key figures:

• Incorporation year: 2010
• Legal form: AS
• Number of employees: 6
• Sales: 6.5M NOK
• Operating income: 6.5M NOK
• Wages: 1.7M NOK
• Operating profit: 362,400 NOK
• EBITDA: 446,800 NOK
• Gross profit: 218.2M NOK
• Equity: 1.1M NOK
• Debt: 1.9M NOK
• Sales growth: 17%

The company has high gross profit, but low equity compared to debt. This may indicate high risk of bankruptcy, even though it is not registered as a bankrupt company.

Activity in lighting equipment retail in Lillehammer:

All activity in the industry is concentrated in Lillehammer. There are no registered companies in other city districts or municipalities in Innlandet. This indicates a small but focused market share in the municipality.

Bankruptcy statistics and operating economics:

• Number of bankrupt companies in the industry: 0
• Bankruptcy risk: Low (the company is not registered as bankrupt)
• Operating profit margin: 5%
• EBITDA margin: 6%
• Gross profit: 3367%

The industry shows high gross profit, but lower operating profit margin. This may be due to high operating costs or low competition. There is no bankruptcy statistics in the industry, which indicates stable operations.

Outlook for Entrepreneurs

Outlook for new companies in lighting equipment retail in Lillehammer:

• Market size: Small but stable (one company)
• Competition: Low (no competitors in the municipality)
• Operating profit margin: 5% (stable)
• Sales growth: +21.6% from 2023 to 2024
• Gross profit: 3367% (high)

For entrepreneurs, the industry can be attractive due to high gross profit and low competition. However, the market size is small, which may limit growth opportunities. It is important to assess operating costs and bankruptcy risk before investing.

Conference center industry in Lillehammer:

• Number of companies: 44
• Number of employees: 293 (2024)
• Sales: 662.9M NOK (2024)
• Sales growth: -17.9% from 2024 to 2025
• Operating profit margin: Not specified

Peer companies in the conference center industry:

The conference center industry has higher sales and more companies compared to lighting equipment retail. This indicates a larger market share and potential for growth, but also higher competition. Lighting equipment retail can therefore be a less competitive but stable industry.

Lighting equipment retail in Lillehammer is a small but stable industry with one company. It shows high gross profit and stable operating profit margin, but low market size and low competition. The conference center industry in the municipality is larger and more dynamic, with higher sales and more companies. Entrepreneurs should consider both opportunities in lighting equipment retail and potential competition in the conference center industry. SmartGrunder can help find suitable locations and assess operating economic conditions for new companies in Lillehammer.