Industry · municipality
Optical Store Industry in Holmestrand: A Comprehensive Analysis
Key Insights on Companies, Statistics, and Outlook for Founders and Local Decision-Makers in Holmestrand, Norway
Short Overview of the Optical Industry in Holmestrand
Executive Summary
Holmestrand has a stable and growing optical store industry with three registered companies in the municipality. Two of these are AS companies, while the third is an ENK. Sales have grown significantly since 2016, with an increase of 46.9% from 2016 to 2017, although there have been minor fluctuations in subsequent years. The EBITDA margin stands at 16%, indicating good financial health for the industry. Employment figures have been more variable, peaking at 17 employees in 2022 and 2023 before declining in 2025. There are no registered bankruptcies in the industry, suggesting a stable sector.
Economic Data for the Optical Industry
Economic Overview
Sales Development:
- 2016: NOK 7.7 million
- 2017: NOK 11.2 million (+46.9%)
- 2018: NOK 12.2 million (+8.4%)
- 2019: NOK 10.9 million (-10.2%)
- 2020: NOK 13.2 million (+20.4%)
- 2021: NOK 15.2 million (+15.3%)
- 2022: NOK 15.6 million (+2.9%)
- 2023: NOK 15.4 million (-1.5%)
- 2024: NOK 15.7 million (+2.5%)
- 2025: NOK 16.9 million (+7.2%)
Employment Development:
- 2016: 12 employees
- 2017: 13 employees (+8.3%)
- 2018: 15 employees (+15.4%)
- 2019: 14 employees (-6.7%)
- 2020: 16 employees (+14.3%)
- 2021: 14 employees (-12.5%)
- 2022: 17 employees (+21.4%)
- 2023: 17 employees (0.0%)
- 2024: 17 employees (0.0%)
- 2025: 15 employees (-11.8%)
- 2026: 14 employees (-6.7%)
The EBITDA margin stands at 16%, indicating good economic efficiency. Sales grew most strongly from 2016 to 2017, but have also remained stable in recent years.
Companies in the Optical Industry in Holmestrand
Companies in the Industry
Holmestrand has three registered companies in the optical industry:
- Holmestrand Optikk As (Langgaten 19, Holmestrand)
- Organizational form: AS
- Founded: 2007-02-01
- Number of employees: 8
- Sales: NOK 10.2 million
- EBITDA: NOK 1.7 million
- EBITDA margin: 16%
- Alliance Sande As (Kostegata 2, Sande I Vestfold)
- Organizational form: AS
- Founded: 2006-01-27
- Number of employees: 6
- Sales: NOK 6.7 million
- EBITDA: NOK 1.1 million
- EBITDA margin: 16%
- Andersen Trading (Vestsideveien 54B, Sande I Vestfold)
- Organizational form: ENK
- Founded: 1995-02-20
- Number of employees: 0
- Sales: NOK 0
- EBITDA: NOK 0
Organizational Form Statistics:
- AS: 2 companies, 14 employees, NOK 17 million in operating income
- ENK: 1 company, 0 employees, NOK 0 in operating income
Distribution of the Optical Industry in Holmestrand
Business Geography
The optical industry is distributed across two locations in Holmestrand:
- Holmestrand (1 company):
- Number of employees: 8
- Operating income: NOK 10.2 million
- Sales: NOK 10.2 million
- EBITDA: NOK 1.7 million
- EBITDA margin: 16%
- Sande I Vestfold (2 companies):
- Number of employees: 6
- Operating income: NOK 6.7 million
- Sales: NOK 6.7 million
- EBITDA: NOK 1.1 million
- EBITDA margin: 16%
Holmestrand has a clear advantage in terms of number of employees and operating income compared to Sande I Vestfold.
Dynamics in the Optical Industry
Business Dynamism
There are no registered bankruptcies in the optical industry in Holmestrand, indicating a stable industry. Employment figures have varied, with an increase from 12 to 17 employees between 2016 and 2022 before declining to 14 employees in 2026. Sales grew most strongly from 2016 to 2017, but have also remained stable in recent years. The EBITDA margin has remained at 16%, indicating good economic efficiency.
Outlook for Founders in the Optical Industry
Outlook for Founders
The optical industry in Holmestrand shows a stable and growing trend, particularly in sales and EBITDA margins. With an EBITDA margin of 16% and growth of 7.2% from 2024 to 2025, there may be good opportunities for new companies. However, competition in the industry is relatively high with only three companies, which can make it challenging to establish oneself. SmartGrunder can help founders find suitable addresses in Holmestrand for this industry.
Outlook for Agriculture in Holmestrand
Outlook for Agriculture
Agriculture is a broader industry group in Holmestrand with 11 companies, compared to 3 companies in the optical industry. Sales in agriculture have grown strongly from 2016 to 2021, with an increase of 24.8%, but have also been more variable in subsequent years. Employment development has been similar to the optical industry, with an increase from 12 to 17 employees between 2016 and 2022 before declining to 16 employees in 2026. Peer companies in agriculture include computer stores, electronics stores, and music instrument stores, indicating a more varied industry structure compared to the optical industry.
Other companies in landbruk (not in optical store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Bb Studio & Artistservice Ans | audio equipment / musical instruments store | Dyeg 2, 3070 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Contactcallcenter, Hanssen | computer store | Eidsfossveien 25, 3090 Hof | NOK 0 | 0 | NOK 0 |
| Digitalflow As | computer store | Meieribakken 13, 3074 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Elektrocompagniet As | computer store | Sandesenteret, 3070 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Kh Produkter Kim Petter Haugerud | electric goods store | Øvre Klevjervei 1, 3074 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Nordisk Kapital As | computer store | Meieribakken 13, 3074 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Sintek Elektro As | electronics store | Langgaten 29, 3080 Holmestrand | NOK 0 | 6 | NOK 0 |
| Sundbyfoss Gaver Og Hobby Ans | audio equipment / musical instruments store | 0, 3092 Sundbyfoss | NOK 0 | 0 | NOK 0 |
Conclusion
The optical industry in Holmestrand shows a stable and growing trend, with good financial health and an EBITDA margin of 16%. There are no registered bankruptcies, indicating a stable industry. However, competition in the industry is relatively high with only three companies. Compared to agriculture, which has more companies and a more varied industry structure, the optical industry may be a good opportunity for founders focusing on stability and economic efficiency. SmartGrunder can help founders find suitable addresses in Holmestrand for this industry.