Optical Store Industry in Lillestrøm: A Comprehensive Analysis

The optical store industry in Lillestrøm is a stable but dynamic sector with 15 registered companies and over 100 employees. The industry shows fluctuations in sales and operating results over the years, but has a high average gross profit margin (3573%) and a solid EBITDA margin (13%). It is particularly interesting to note that companies such as Synsam and Brilleland have higher operating results compared to new players like Lillestrøm Optikk As. SmartGrunder can help entrepreneurs find suitable locations in the municipality for this industry.

Sales and Employees Over Time

Sales experienced strong growth from 2016 to 2021, but fell by 25.2% in 2022 before stabilizing again in 2023. The number of employees has been relatively stable, with an increase of 8.2% in 2022 and a decline of 5.7% in 2023.

Lillestrøm has 15 registered companies in the optical industry, mainly AS companies. The key companies include:

• Synsam Skedsmokorset (13 employees, 12.0M in operating income)
• Brilleland Avd 457 Strømmen (11 employees, 13.0M in operating income)
• Krogh Optikk Strømmen (11 employees, 17.6M in operating income)
• Storgata Optikk As (9 employees, 18.2M in operating income)
• Nordfonn Optikk As (6 employees, 11.3M in operating income)

Most companies have high operating income and good EBITDA margins, but there are also companies such as Lillestrøm Optikk As and Interoptik Kjølberg that have lower or no operating income.

Distribution of Activity in the Municipality

Lillestrøm is the most active area with 6 companies and 42 employees, while Sørumsand has the lowest activity with 2 companies and 7 employees.

The industry has a relatively low bankruptcy frequency, but there are some companies with declining results. For example:

• Lillestrøm Optikk As has no operating income and no sales.
• Interoptik Kjølberg has no operating income and no sales.
• Marcus Ottestad As has no sales, but a positive EBITDA of 17.0K.

There are also companies such as Lavista As Avd Lillestrøm with a negative sales growth (minus 19%) and Smartlook Optikk As with a negative sales growth of minus 1%.

The optical industry in Lillestrøm shows both opportunities and challenges. With a high average gross profit margin (3573%) and a stable EBITDA margin (13%), it is possible to achieve good results. However, there are also companies with declining results, which can be a warning for new entrepreneurs. It is important to carefully analyze the market and find a good position in the municipality.

Comparison with Agriculture

Agriculture is a broader industry in Lillestrøm with 54 companies, compared to 15 companies in the optical industry. Sales in agriculture have been more stable over the years, with a decline of 1.0% in 2017 and an increase of 3.8% in 2024. The number of employees in agriculture has been lower than in the optical industry, with a decline of 7.3% in 2017 and an increase of 5.2% in 2026. There is also a significant variation in EBITDA between agriculture companies, which can be a challenge for new entrepreneurs.

The optical industry in Lillestrøm is a stable but dynamic sector with opportunities for growth and development. With a high average gross profit margin and a stable EBITDA margin, it is possible to achieve good results. However, there are also challenges, such as declining results for some companies. SmartGrunder can help entrepreneurs find suitable locations in the municipality for this industry.