Industry · municipality
Optical Shops in Kongsvinger: Industry Analysis and Development Trends
A detailed overview of the industry, companies, and development situation in the municipality.
Brief overview of the optical shop industry in Kongsvinger
Optical shop industry in Kongsvinger shows a stable and growing sector with three registered companies in the municipality. In recent years, the industry has experienced a gradual increase in sales and number of employees, with an average annual growth of 13.4% in sales and stabilization of the number of employees around 24. The industry has a high EBITDA margin of 17%, which indicates good operational efficiency. There are no bankruptcy registrations among the companies, which suggests a stable industry. Outlooks for new entrants appear positive, especially with increasing population and increased ownership in the municipality.
Economic overview of the industry
Sales development
From 2016 to 2025, sales in the optical shop industry in Kongsvinger have increased by 13.4% annually, from NOK 25.7 million to NOK 44.9 million. The most significant increase occurred in 2021 with +18.2%, while a slight decline was recorded in 2020 (-2.1%).
Employee numbers
The number of employees has varied between 18 and 24, with stabilization at 24 employees in 2025. The most significant increase was recorded in 2018 (+16.7%), while a decline was recorded in 2017 (-5.3%).
Operational results
The industry has a high EBITDA margin of 17%, with an average EBITDA per employee of NOK 316,100. The highest EBITDA margin was recorded by Glåmdal Optikk As with 19%, while Kongsvinger Optiske As had the lowest with 8%.
Companies in the industry
Registered companies
The following companies are registered in the optical shop industry in Kongsvinger:
| Company | Address | Incorporation year | Number of employees | EBITDA | EBITDA margin |
|---|---|---|---|---|---|
| Glåmdal Optikk As | Brugata 8 | 1994 | 9 | NOK 5.2M | 19% |
| Kongsvinger Optiske As | Storgata 8 | 2017 | 8 | NOK 448K | 8% |
| Synsam Kongsvinger | Brugata 15 | 1972 | 7 | NOK 2.2M | 18% |
Organizational forms
All companies in the industry are registered as AS (limited liability company), which indicates a standardized organizational structure in the municipality.
Geographic distribution of the industry
Geographic distribution
All three companies in the optical shop industry in Kongsvinger are registered in the municipality's main town, Kongsvinger. No activity is registered in other districts or neighboring municipalities. This indicates that the industry is concentrated in the municipality's center, which can be an advantage for customers but also a potential bankruptcy risk if one of the major players is lost.
Operational efficiency and dynamics in the industry
Operational efficiency and bankruptcy risk
None of the three companies in the industry are registered as bankrupt, which indicates a stable industry. However, data shows that two of the companies (Kongsvinger Optiske As and Synsam Kongsvinger) have lower EBITDA than the industry average. This may indicate that these companies are more vulnerable to operational challenges, especially if the market becomes more competitive. It is also registered that Kongsvinger Optiske As has an EBITDA of only NOK 448K, which is significantly lower than the other companies.
Outlook for new entrants
For new entrants in the optical shop industry in Kongsvinger, the development appears to be positive. Sales have increased by 13.4% annually, and there are no bankruptcy registrations. This indicates that it is possible to establish oneself in the municipality. However, it is important to note that the industry is concentrated in the municipality's center, which can lead to bankruptcy risk if one of the major players is lost. It is also important to be aware that two of the companies have lower EBITDA than the average, which may indicate that there is a competitive market situation.
Comparison with agriculture
The optical shop industry has a smaller number of companies (3) compared to agriculture (17 companies). Sales in agriculture have increased by 12.8% annually, while optical shops have increased by 13.4%, showing that both industries have grown. However, agriculture has a higher number of employees (64 in 2016) compared to optical shops (19 in 2016). It is also registered that agriculture has a higher EBITDA margin (not provided for agriculture) compared to optical shops (17%). This suggests that agriculture may be a more operationally efficient industry in the municipality.
Other companies in landbruk (not in optical store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Power Norge As Avd Kongsvinger | electronics store | Otto Wengs veg 7, 2212 Kongsvinger | NOK 58.3M | 17 | NOK 1.4M |
| Telekiosken Kongsvinger As | computer store | Brugata 15, 2212 Kongsvinger | NOK 17.4M | 0 | NOK 898.0K |
| Telekiosken Kongsvinger As | computer store | Brugata 15, 2212 Kongsvinger | NOK 17.4M | 0 | NOK 898.0K |
| Elkjøp Kongsvinger As | electronics store | Industrivegen 3, 2212 Kongsvinger | NOK 0 | 21 | NOK 0 |
| F.tryland Ecommerce As | electric goods store | Stærvegen 45, 2209 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Galleri Hafthungården Ans | audio equipment / musical instruments store | Tommelstads gate 11, 2212 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Globaltek Hedmark Bjørn Fjeld | phone store | 0, 2210 Granli | NOK 0 | 0 | NOK 0 |
| Ivar Hagen Elektriske Innehaver Rolf Ivar Hagen | electronics store | Eidskogvegen 50B, 2211 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Midtskog Gård Siv Barbro Johanne Jorde Henningstad | audio equipment / musical instruments store | Homsjøvegen 917, 2218 Lundersæter | NOK 0 | 0 | NOK 0 |
| Steffensen Mynt Og Seddel | audio equipment / musical instruments store | Gågata 24, 2211 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Stensbøl Kontorservice | computer store | Vepsvegen 7, 2216 Roverud | NOK 0 | 0 | NOK 0 |
| Vinger Data As | computer store | Liavegen 4, 2208 Kongsvinger | NOK 0 | 0 | NOK 0 |
| Rs Mobil Og It As | computer store | Glommengata 21, 2211 Kongsvinger | NOK 11.8M | 4 | NOK -57.0K |
| Kongsvinger Elektriske As | electronics store | Brugata 28, 2212 Kongsvinger | NOK 6.7M | 4 | NOK -397.0K |
Conclusion
The optical shop industry in Kongsvinger shows a stable and growing development with three companies and a high EBITDA margin of 17%. Outlooks for new entrants appear positive, especially with increasing population and increased ownership in the municipality. However, it is important to be aware that the industry is concentrated in the municipality's center, which can lead to bankruptcy risk if one of the major players is lost. SmartGrunder can help entrepreneurs find suitable locations in the municipality for this industry.