Industry · municipality
Lighting Equipment Retail in Strand: Industry Analysis and Development Trends
A detailed overview of the industry, companies, and future perspectives
Brief Industry Overview
Industry Analysis in Brief
Lighting equipment retail in Strand is an industry with no registered companies today. However, data from the broader category conference centers shows there is a stable industry in the municipality with 14 companies. This provides an interesting comparison for entrepreneurs considering establishing themselves in the lighting equipment sector, as the conference center's infrastructure and market can provide a foundation for future development.
Key figures from the conference center sector:
- Sales: Stabilized around NOK 123 million in 2024–2025
- Employees: Reduced from 131 in 2016 to 81 in 2026
- Annual variation: Larger fluctuations in sales (e.g., +49.6% from 2019 to 2020) but stabilization after 2021
Economic Development
There are no registered companies in lighting equipment retail in Strand. However, the broader category conference centers shows an interesting dynamic:
Sales development:
- Largest decline: -37.8% from 2018 to 2019 (NOK 123.7M → NOK 77.0M)
- Largest increase: +49.6% from 2019 to 2020 (NOK 77.0M → NOK 115.2M)
- Stabilization from 2021: NOK 134.5M (2021) → NOK 123.7M (2024)
Employee development:
- Reduction from 131 in 2016 to 81 in 2026
- Largest decline: -15.6% from 2018 to 2019 (109 → 92 employees)
- Largest increase: +16.5% from 2020 to 2021 (103 → 120 employees)
Companies in the Industry
There are no registered companies in lighting equipment retail in Strand. However, the broader category conference centers has 14 companies, showing a different industrial structure. Examples of companies in the broader category:
| Name | Industry | Sales (NOK) | Employees | EBITDA |
|---|---|---|---|---|
| Europris Tau | Mixed household goods store | 27.1M | 16 | 2.9M |
| Jysk Tau Avd 601 | Furniture store | 23.4M | 7 | 2.5M |
| Møbler As | Furniture store | 17.7M | 7 | 0.71M |
Organizational forms: Data is missing for lighting equipment retail, but conference center companies have been reported as AS, AS, and some with EBITDA below zero.
Industry Geography
There is no detailed city data for lighting equipment retail in Strand. The broader category conference centers has companies distributed as follows:
- Tau: Europris Tau, Jysk Tau Avd 601
- Jørpeland: Møbler As, Hjertenes Jernvare As
- Other areas: Byggmakker Handel As Avd Strand, Europris Jørpeland 642
Observation: Conference center companies are spread across several city districts, which may be relevant for entrepreneurs considering location.
Industry Dynamics
Bankruptcies and financial challenges:
- 3 companies in the conference center category have negative EBITDA (Holta As: -585.0K, Erine As: -934.0K, Eikvoll Holding As: -13.0K)
- 4 companies have zero sales (e.g., Blomsterbuå Til Camilla Iversen, Iversen Blomsterbuå)
- Ongoing losses: Kasj Holding As (furniture store) has -20.0K in EBITDA
Conclusion: Although there are financial challenges, no direct bankruptcies have been reported in the conference center category. This suggests that companies in the industry have a certain level of stability.
Outlook for Entrepreneurs
Development Trends for Entrepreneurs
Opportunities:
- Stable market: The conference center category has stabilized around NOK 123 million in sales after 2021
- Infrastructure: Existing conference centers can provide a foundation for lighting equipment retail
- Low bankruptcy risk: No bankruptcies reported in the conference center category
Challenges:
- Lack of local companies: No existing lighting equipment retail in Strand
- Competitive sectors: The conference center category has 14 companies, which can create bankruptcy pressure for new players
- Establishment costs: Missing data on rent prices or construction costs in the industry
Development in the Conference Center Sector
The conference center category has 14 companies and shows a different industrial structure than lighting equipment retail:
Sales:
- 2025: NOK 123.8M (stabilized after 2021)
- 2016–2025: Largest decline: -37.8% (2018→2019), largest increase: +49.6% (2019→2020)
Employees:
- 2026: 81 employees (decrease from 131 in 2016)
- 2020–2021: +16.5% (103 → 120 employees)
Peer companies:
- Europris Tau (NOK 27.1M in sales, 16 employees, NOK 2.9M EBITDA)
- Jysk Tau Avd 601 (NOK 23.4M in sales, 7 employees, NOK 2.5M EBITDA)
- Møbler As (NOK 17.7M in sales, 7 employees, NOK 0.71M EBITDA)
Conclusion: The conference center sector has a stable sales market, but with a reduction in the number of employees. This can provide a basis for a new player in lighting equipment retail, but with competitive pressure from existing companies.
Other companies in konferansesenter (not in lighting equipment store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Europris Tau | mixed home goods store | etg 01|Torgvegen 2, 4120 Tau | NOK 27.1M | 16 | NOK 2.9M |
| Jysk Tau Avd 601 | furniture store | Bergtunvegen 1, 4120 Tau | NOK 23.4M | 7 | NOK 2.5M |
| Møbler As | furniture store | Stålverksvegen 63, 4100 Jørpeland | NOK 17.7M | 7 | NOK 710.0K |
| Hjertenes Jernvare As | building supplies store | Direktør Sæthersgate 34, 4100 Jørpeland | NOK 11.6M | 9 | NOK 484.0K |
| Barkved Trevare As | building supplies store | Spøtahaugen 31, 4100 Jørpeland | NOK 2.5M | 2 | NOK 295.0K |
| Blomsterbuå Til Camilla Iversen | garden supplies store | Fiskåvegen 928B, 4121 Tau | NOK 0 | 0 | NOK 0 |
| Byggmakker Handel As Avd Strand | building supplies store | Jøssangvegen 5, 4100 Jørpeland | NOK 0 | 20 | NOK 0 |
| Europris Jørpeland 642 | mixed home goods store | Rådhusgaten 22, 4100 Jørpeland | NOK 0 | 4 | NOK 0 |
| Iversen Blomsterbuå | garden supplies store | Fiskåvegen 928B, 4121 Tau | NOK 0 | 0 | NOK 0 |
| Sija B Invest As | china/glassware store | Fjellsvegen 23A, 4103 Jørpeland | NOK 0 | 0 | NOK 0 |
| Eikvoll Holding As | building supplies store | c/o Hjertenes Jernvare AS|Vågen, 4100 Jørpeland | NOK 0 | 0 | NOK -13.0K |
| Kasj Holding As | furniture store | v/Andres Jøssang|Selemorkvegen 42, 4105 Jørpeland | NOK 0 | 0 | NOK -20.0K |
| Holta As | furniture store | Torgvegen 1, 4120 Tau | NOK 9.4M | 7 | NOK -585.0K |
| Erine As | china/glassware store | Rådhusgaten 17, 4100 Jørpeland | NOK 8.7M | 9 | NOK -934.0K |
Conclusion
Lighting equipment retail in Strand is an industry without registered companies, but there is a stable conference center sector with 14 companies. This provides both opportunities and challenges for entrepreneurs:
- Opportunities: Stable market, existing infrastructure, low bankruptcy risk
- Challenges: Lack of local companies, competitive sectors, unknown establishment costs
SmartGrunder can help entrepreneurs find suitable addresses and strategies to establish themselves in lighting equipment retail in Strand, based on data from the conference center sector and local market trends.