Lighting Equipment Retail in Molde: An Analysis of Companies, Statistics, and Outlooks

Executive Summary

Lighting equipment retail in Molde is a small but stable industry with one registered company: K Eng & Co As Lampehuset Molde. This single company has shown gradual sales growth (20.6% in 2024) and has been in operation since 1997. With 6 employees and an EBITDA margin of 6%, data indicates a relatively profitable and stable operation. The industry has been affected by fluctuations in employee numbers but has not experienced bankruptcy in the municipality. Prospects for new entrants are mixed, with potential for growth in a market segment that is relatively niche, but with a competitive advantage in the uniqueness of offerings.

Economic Overview

Sales and Employee Development:

Key Figures for 2024:

• Sales: 7.5M NOK
• EBITDA: 517.4K NOK (6% margin)
• Gross Margin: 2908%
• Operating Margin: 5%
• Total Debt: 2.1M NOK
• EBITDA per Employee: 89.5K NOK

Sales experienced a significant decline in 2023 but recovered with a 20.6% increase in 2024. Employee numbers have been volatile, decreasing from 13 in 2018 to 5 in 2023 before stabilizing in 2024.

Companies in the Industry

K Eng & Co As Lampehuset Molde is the sole company in the industry in Molde. It is an AS with the following details:

• Location: Birger Hatlebakks veg 1, Molde
• Company Form: AS
• Founded: 1997-09-03
• Employees: 6
• Bankruptcies: No bankruptcies
• Postal Code: 6415
• Municipality: Molde
• County: Møre og Romsdal
• Sales: 7.5M NOK
• EBITDA: 517.4K NOK
• Gross Margin: 2908%
• Total Equity: 1.3M NOK
• Total Debt: 2.1M NOK
• Sales Growth: 17%
• EBITDA Margin: 6%
• EBITDA per Employee: 87.2K NOK

The company has shown stability over time, despite fluctuations in employee numbers. It offers a unique product offering in the municipality, which can be both an advantage and a challenge for competing entrants.

Business Geography

Activity in the Municipality:

Details:

• The sole company in the industry is located in Molde.
• There is no activity in other districts or locations within the municipality.
• This indicates a concentration of the industry in the central area of the municipality, which can be an advantage for customer access but also a potential limitation for development in other areas.

Recommendation: For new entrants, it may be worth exploring opportunities to establish themselves in other districts of Molde to avoid overcrowding and expand the market area.

Business Dynamics

Bankruptcies and Operational Economics:

• No bankruptcies in the industry in Molde over the past few years.
• Operational Economics: The sole company has shown relatively stable operations, with an EBITDA margin of 6% and a gross margin of 2908%.
• Employees: Employee numbers have varied significantly, decreasing from 13 in 2018 to 5 in 2023 before stabilizing in 2024.

Outlook for Operational Economics:

• With a sales growth of 17% and a stable EBITDA margin, data indicates a company showing gradual improvement in operational economics.
• However, there is a risk that the outcome of a single company could affect the entire industry in the municipality.

Outlook for Entrepreneurs

Potential Opportunities:

• Niche Market: With one company in the industry, there is an opportunity to establish oneself in a niche market, especially if there is a need for specialized products or services.
• Stable Operational Results: The sole company has shown relatively stable operational economics, which can be an advantage for new entrants seeking to establish themselves in an existing market niche.
• Sales Growth: A growth of 20.6% in 2024 indicates potential for growth in the industry.

Outlook for Competitiveness:

• With one company in the industry, it can be an advantage to establish oneself in the municipality, but it can also be a challenge to compete with an existing company that has shown stability over time.
• It is important to investigate the need for offerings in the municipality and how a new company can differentiate itself from the existing one.

Recommendation: For entrepreneurs, it may be worth exploring opportunities to establish themselves in Molde, especially if there is a need for specialized products or services not currently available.

Outlook for the Conference Center Industry

Conference Center Industry in Molde:

• Number of Companies: 45
• Sales: 552.3M NOK in 2025 (increase of 3.6% from 2024)
• Employees: 278 in 2026 (decrease of 9.6% from 2025)
• EBITDA: 18.3M NOK (highest for Plantasjen Norge As Avd Molde)

Contrast with Lighting Equipment Retail:

• The conference center industry has a much larger scale, with 45 companies compared to one in lighting equipment retail.
• Sales in the conference center industry have shown stable growth over time, with an increase of 3.6% in 2025.
• EBITDA for the conference center industry is higher, with 18.3M NOK for Plantasjen Norge As Avd Molde.

Peer Companies in the Conference Center Industry:

• Coop Nordvest Sa (3482) Obs Bygg Molde: 178.8M NOK in sales, 38 employees, 5.2M NOK in EBITDA.
• Jula Norge As Avd 636 Molde: 60.5M NOK in sales, 24 employees, 3.0M NOK in EBITDA.
• Europris Molde 335: 36.2M NOK in sales, 17 employees, 3.9M NOK in EBITDA.

Recommendation: The conference center industry in Molde shows stable growth and has a much larger scale than lighting equipment retail. This can be an advantage for entrepreneurs seeking to establish themselves in an industry with a larger market scope and potential collaboration opportunities with existing companies in the conference center industry.

Conclusion

Lighting equipment retail in Molde is a small but stable industry with one registered company. The sole company has shown gradual sales growth and has been in operation since 1997. With 6 employees and an EBITDA margin of 6%, data indicates a relatively profitable and stable operation. The industry has been affected by fluctuations in employee numbers but has not experienced bankruptcy in the municipality. Prospects for new entrants are mixed, with potential for growth in a market segment that is relatively niche, but with a competitive advantage in the uniqueness of offerings. The conference center industry in Molde shows stable growth and has a much larger scale than lighting equipment retail, which can be an advantage for entrepreneurs seeking to establish themselves in an industry with a larger market scope and potential collaboration opportunities with existing companies in the conference center industry. SmartGrunder can help entrepreneurs find suitable addresses in Molde for lighting equipment retail, especially if there is a need for specialized products or services not currently available.