Optical Store Industry in Bodø: A Comprehensive Analysis

The optical store sector in Bodø is a stable and growing sector with four registered companies and 49 employees. The industry has shown positive development in sales and operating profit over the past years, even though there have been minor variations in the number of employees. With an EBITDA margin of 7% and a high gross profit of 294%, the industry demonstrates good financial health. There are no bankrupt registered companies in the industry, which indicates a stable industry. SmartGrunder can help entrepreneurs find suitable locations in Bodø to start an optical store or optical store business.

Over the past years, sales in the optical store sector in Bodø have grown by 5%, from NOK 45.9 million in 2016 to NOK 59.5 million in 2023. The number of employees has varied between 44 and 54, with an average annual growth of 0.5%. The EBITDA margin has remained around 7%, and the gross profit has been over 290%. This shows that the industry has a good financial structure and high efficiency.

The following companies are registered in the optical store sector in Bodø:

• Specsavers Bodø (City Nord Stormyra, Bodø): 22 employees, EBITDA NOK 1.4 million
• K. Hansen Optik As (Tollbugata 10, Bodø): 12 employees, EBITDA NOK 2.2 million
• Brilleservice As (Dronningens gate 11C, Bodø): 8 employees, EBITDA NOK 887,000
• Interoptik City Nord (Stormyrveien 20, Bodø): 7 employees, EBITDA NOK 559,900
• Skarp Invest As (Storgata 16, Bodø): 0 employees, EBITDA NOK -58,000

All companies are organized as AS, which indicates a standardized structure in the industry.

All activities in the optical store sector in Bodø are concentrated in the city of Bodø itself. There are four companies and 49 employees in total. Operating income is NOK 70.1 million, sales income NOK 65.0 million, wages NOK 24.2 million, operating profit NOK 2.8 million, EBITDA NOK 5.0 million, gross profit NOK 191.3 million, equity NOK 10.7 million, and debt NOK 17.3 million. Sales growth has been 5%, and operating income per employee is NOK 1.5 million.

There are no bankrupt registered companies in the optical store sector in Bodø, which indicates a stable industry. However, some companies show negative operating profits, such as Skarp Invest As and Synlig As, which have EBITDA of NOK -58,000 and NOK -17,000 respectively. This may indicate challenges for certain companies, but there are no bankruptcies in the industry.

For entrepreneurs in the optical store sector in Bodø, there are positive development trends to observe. The industry has shown stable growth in sales and operating profit, and there are no bankrupt registered companies. This indicates a robust industry with good financial health. With four existing companies and an average EBITDA margin of 7%, it may be possible to find a place in the market. SmartGrunder can help find suitable locations in Bodø to start an optical store or optical store business.

Compared to agriculture, which is the broader sector in Bodø, the optical store sector shows a higher EBITDA margin (7% vs. 4% in agriculture) and higher sales growth (5% vs. 7.8% in agriculture). Agriculture, however, has more companies (37 vs. 6) and higher total sales (NOK 640.3 million vs. NOK 59.5 million). Peer companies in agriculture include Elkjøp Bodø (NOK 348.7 million in sales, NOK 4.1 million in EBITDA) and Power Norge As Avd Bodo (NOK 133.2 million in sales, NOK 3.2 million in EBITDA). This shows that agriculture has larger volumes, but the optical store sector has better margins.

The optical store sector in Bodø shows a stable and growing trend with good financial health. With four companies and 49 employees, as well as no bankrupt registered companies, it is a robust industry. The outlook for new companies is positive, but it is important to be aware of the competition and the financial health of existing companies. SmartGrunder can help entrepreneurs find suitable locations in Bodø to start an optical store or optical store business.