Lighting Equipment Retail in Stavanger: Current Status and Future Outlook

Lighting equipment retail in Stavanger is a small but dynamic industry with 5 registered companies. In recent years, the industry has shown significant sales growth (50.9% from 2023 to 2024) and employee growth (from 11 to 14 in 2024). The key companies are Lampehuset Tvedt and K Eng & Co As Lampehuset Kilden Stavanger, which operate with high revenues and profit margins. The industry is relatively stable with no bankruptcy registrations, but shows variations in activity between companies. Competition from nearby sectors such as conference centers and building materials stores may affect future development.

Sales and employee development (2016–2024):

Key figures for 2024:

• Average sales per employee: NOK 1.3M
• EBITDA margin: 6%
• Gross margin: 2559% (higher than average in many sectors)
• Total debt: NOK 2.4M (for Lampehuset Tvedt)

The industry has had a very positive development after 2022, with a 50.9% increase in sales in 2024. This indicates increased demand for lighting equipment in Stavanger, especially in 2023 and 2024.

Registered companies in lighting equipment retail in Stavanger (2026):

1. Lampehuset Tvedt (Tvedt Storsenter, Lagerveien 1) – AS, 8 employees, sales NOK 8.5M, EBITDA NOK 588.0K
2. Emikos Ellingsen (Stølstunet 38) – ENK, 0 employees, sales NOK 0
3. Emikos Ellingsen (Stølstunet 38) – ENK, 0 employees, sales NOK 0
4. K Eng & Co As Lampehuset Kilden Stavanger (Gartnerveien 15) – AS, 0 employees, sales NOK 11.6M
5. Nelly Led Rød (Kaptein Mejlænders gate 25) – ENK, 0 employees, sales NOK 0

Organizational form:

• AS (Limited Liability Company): 1 company (Lampehuset Tvedt), 8 employees, high revenue and profit margin
• ENK (Sole Proprietorship): 4 companies, of which 3 companies have 0 employees and 0 sales

Observation:

• Lampehuset Tvedt and K Eng & Co As Lampehuset Kilden Stavanger are the most active companies with high revenues and profit margins.
• Most companies are ENK, which may indicate small, individual entrepreneurs or newly established companies.

Geographical distribution of lighting equipment retail in Stavanger (2026):

Details about locations:

• Tvedt Storsenter (Lagerveien 1): Lampehuset Tvedt (8 employees, sales NOK 8.5M)
• Stølstunet 38: Emikos Ellingsen (0 employees, sales NOK 0)
• Kilden shopping center (Gartnerveien 15): K Eng & Co As Lampehuset Kilden Stavanger (0 employees, sales NOK 11.6M)
• Kaptein Mejlænders gate 25: Nelly Led Rød (0 employees, sales NOK 0)

Observation:

• The most active companies are located in Tvedt Storsenter and Kilden shopping center, which are well-known commercial centers in Stavanger.
• Most companies are located in central areas, indicating a focus on accessibility and customer reach.

Bankruptcy statistics and company stability (2026):

• No bankruptcy registrations in lighting equipment retail in Stavanger.
• Four out of five companies have 0 employees and 0 sales, which may indicate newly established companies or companies in the growth phase.
• Lampehuset Tvedt and K Eng & Co As Lampehuset Kilden Stavanger are the only companies with activity and high revenues.

Development trends:

• Stable number of companies (5 companies in 2026), but variation in activity.
• Increase in number of employees from 11 to 14 in 2024, but with very high variations between companies.
• High profit margins (6% EBITDA margin) for the most active companies.

Conclusion: The industry is stable with no bankruptcies, but shows variations in activity between companies. There is potential for growth, especially if the smaller companies can develop to become more active.

Outlook for Entrepreneurs

Growth potential and challenges:

• High sales growth (50.9% from 2023 to 2024) and increasing number of employees (from 11 to 14) show that the industry has potential for further growth in Stavanger.
• Stable markets with no bankruptcy registrations and high profit margins (6% EBITDA margin) for the most active companies.
• Competitive companies such as Lampehuset Tvedt and K Eng & Co As Lampehuset Kilden Stavanger can be good models for new companies.

Challenges:

• Bankruptcy from nearby sectors (such as conference centers and building materials stores) may affect demand for lighting equipment.
• Low activity among several companies (four out of five have 0 employees and 0 sales) may indicate a highly competitive market.
• High revenue per employee (NOK 1.3M) can be a challenge for new companies that must compete on price and quality.

Recommendation: Entrepreneurs should consider establishing themselves in central areas such as Tvedt Storsenter or Kilden shopping center, where there are already established companies. This can provide benefits from existing customer bases and market presence.

Conference center sector in Stavanger (2026):

• Number of companies: 163 (much larger than lighting equipment retail)
• Sales: NOK 1724.8M (2025), with a decline of 15.2% from 2024
• Number of employees: 969 (2026), with a decline of 0.6% from 2025

Competitive companies in the conference center sector (top 5 by EBITDA):

Conclusion: The conference center sector has a much larger market share than lighting equipment retail, but shows a decline in sales and number of employees in 2025. This may affect demand for lighting equipment in Stavanger, especially if the conference center sector continues to lose market share. Entrepreneurs should therefore consider establishing themselves in sectors with higher growth potential, such as lighting equipment retail, if they want to compete in a more stable market.

Lighting equipment retail in Stavanger is a small but dynamic industry with growth potential. The most active companies, such as Lampehuset Tvedt and K Eng & Co As Lampehuset Kilden Stavanger, show high revenues and profit margins. The industry has no bankruptcy registrations, but shows variations in activity between companies. Competitive companies in nearby sectors, such as conference centers and building materials stores, may affect future development. Entrepreneurs should consider establishing themselves in central areas such as Tvedt Storsenter or Kilden shopping center, where there are already established companies. SmartGrunder can help entrepreneurs find suitable addresses in Stavanger for lighting equipment retail, based on market share and development trends.