Industry · municipality
Lighting Equipment Retail in Midt Telemark: Industry Analysis and Development Trends
A detailed assessment of the market, companies, and future opportunities
Executive Summary
In Midt Telemark, there are no registered companies within lighting equipment retail according to available data. The industry group conference centers (which includes lighting equipment retail) shows a dynamic development with increasing sales from 2020 to 2021 (+19.5%), followed by a sharp decline in 2022 (-52.8%) and a gradual increase since. Employee numbers for conference centers have remained stable at around 60-70 employees since 2020. This indicates that the industry has growth potential, even though there are significant annual fluctuations. For the base industry lighting equipment retail, there is no data on sales, employees, or bankruptcy statistics, which indicates a standstill in the municipality.
Economic Overview
There is no available data for sales or employees in lighting equipment retail in Midt Telemark. However, the industry group conference centers (which includes lighting equipment retail) shows the following development:
- Sales: Increasing from 2020 (NOK 117.2 million) to 2021 (NOK 140.0 million), followed by a sharp decline in 2022 (NOK 66.0 million) and a gradual increase to NOK 75.8 million in 2025.
- Employee numbers: Increasing from 0 in 2016 to 69 in 2020, with stabilization at around 65-73 employees from 2020 to 2026.
This shows that the conference centers industry has been affected by external factors such as the pandemic and subsequent adjustments, but has shown a gradual recovery.
Companies in the Industry
There are no registered companies within lighting equipment retail in Midt Telemark according to available data. There is also no organizational form statistics available for this industry. This suggests that the industry is not active in the municipality, even though the broader industry conference centers has a significant presence with 13 companies.
Industry Geography
There is no data available on how the activity is geographically distributed within the municipality for lighting equipment retail. There is also no information about specific neighborhoods or locations in Midt Telemark that are active within this industry.
Industry Dynamics
There is no data available on bankruptcies or bankrupt companies within lighting equipment retail in Midt Telemark. This may indicate that the industry has not been affected by bankruptcies in the municipality. For the broader industry conference centers, data shows that there have been significant annual fluctuations, especially between 2021 and 2022, but no bankruptcy statistics have been reported.
Outlook for Base Industry
For lighting equipment retail in Midt Telemark, there are no current companies or data on sales, employees, or bankruptcies. This indicates that the industry is not active in the municipality. For the base industry, it may be possible to establish oneself, but it is important to consider how the broader industry conference centers can provide opportunities for collaboration or access to markets. It is also important to be aware of the significant annual fluctuations in the conference centers industry, which can affect economic expectations.
Outlook for Conference Centers Industry
The broader industry conference centers in Midt Telemark has shown a dynamic development with the following trends:
- Sales: Increasing from 2020 to 2021 (+19.5%), followed by a sharp decline in 2022 (-52.8%) and a gradual recovery to 2025.
- Employee numbers: Stabilization at around 65-73 employees from 2020 to 2026.
Peer companies in the conference centers industry (but not in lighting equipment retail) include, among others:
| Name | Address | Sales | Employee Numbers | EBITDA |
|---|---|---|---|---|
| Europris Bø 439 | Valenvegen 5, 3802 Bø I Telemark | NOK 45.2M | 16 | NOK 4.9M |
| Blomsterstemning As | Bøgata 32, 3800 Bø I Telemark | NOK 7.8M | 8 | NOK 1.5M |
| Møbelhuset Bø As | Gvarvvegen 9, 3801 Bø I Telemark | NOK 15.4M | 9 | NOK 663K |
These companies show that the conference centers industry has a wide variation in size and financial health, which can provide opportunities for collaboration or access to markets for the base industry.
Other companies in konferansesenter (not in lighting equipment store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Europris Bø 439 | mixed home goods store | Valenvegen 5, 3802 Bø I Telemark | NOK 45.2M | 16 | NOK 4.9M |
| Blomsterstemning As | garden supplies store | Bøgata 32, 3800 Bø I Telemark | NOK 7.8M | 8 | NOK 1.5M |
| Møbelhuset Bø As | furniture store | Gvarvvegen 9, 3801 Bø I Telemark | NOK 15.4M | 9 | NOK 663.0K |
| Steintøy Og Parfymeri As | china/glassware store | Bøgata 40, 3800 Bø I Telemark | NOK 6.6M | 10 | NOK 496.0K |
| Byggmakker Handel As Avd Bø I Telemark | building supplies store | Grivisvingen 2, 3802 Bø I Telemark | NOK 0 | 14 | NOK 0 |
| Christian Dalen | fireplace shop | Nordbøbergja 82, 3803 Bø I Telemark | NOK 0 | 0 | NOK 0 |
| Jysk Bø Avd 610 | furniture store | Bøgata 36, 3800 Bø I Telemark | NOK 0 | 8 | NOK 0 |
| Kitch'n Bø | china/glassware store | Stasjonsvegen 28, 3800 Bø I Telemark | NOK 0 | 5 | NOK 0 |
| Rønningen Og Eek As | building supplies store | Vreimsida 166, 3803 Bø I Telemark | NOK 0 | 0 | NOK 0 |
| Wassvik Enk. | china/glassware store | Øygardsvegen 44, 3804 Bø I Telemark | NOK 0 | 0 | NOK 0 |
| Grivi As | china/glassware store | Bøgata 40H, 3800 Bø I Telemark | NOK 0 | 0 | NOK -10.0K |
| Hegna Drift As | furniture store | Gvarvvegen 9, 3801 Bø I Telemark | NOK 0 | 0 | NOK -12.0K |
| B2 Holding As | furniture store | Gvarvvegen 9, 3801 Bø I Telemark | NOK 0 | 0 | NOK -15.0K |
Conclusion
Lighting equipment retail in Midt Telemark is an industry without registered companies or activity according to available data. The broader industry conference centers however shows potential for growth and stability, even though there have been significant annual fluctuations. For the base industry, it may be possible to establish oneself, but it is important to consider how the broader industry can provide opportunities for collaboration or access to markets. SmartGrunder can help founders explore addresses in Midt Telemark for this industry, especially in relation to the development of the conference centers industry.