Optical Store in Sandnes – Industry Analysis and Outlooks

Overview of the Optical Industry in Sandnes

The optical industry in Sandnes consists of 15 companies with a total of 94 employees. The industry has shown variation in sales and employees over time, with a significant decline in 2026. There has been 1 bankruptcy in the industry, indicating a certain level of dynamism and risk. Key players include companies such as Brilleland Avd 456 Kvadrat, Seland Optikk Sandnes As, and Synsam Sandnes Storgata, which have higher sales and employees than the average.

Key Features:

• Sales: 10.2M NOK in 2026 (a decline of 90.5% from 2025)
• Employees: 90 in 2026 (a decline of 4.3% from 2025)
• Bankruptcy: 1 company (Kvadrat Optikk As) with 0 employees and 16.6M NOK in sales before bankruptcy.

Sales and Employee Development (2016–2026):

Critical Points:

• Sales had a sharp decline of 90.5% in 2026 compared to 2025, which may be attributed to the bankruptcy of Kvadrat Optikk As.
• Employees have decreased continuously since 2023, with a total decline of 11.7% from 2023 to 2026.
• The industry had a sales peak in 2023 (140.6M NOK), but has not managed to maintain this level.

List of Companies in the Optical Industry in Sandnes (2026):

Important Observations:

• Kvadrat Optikk As is the only company bankruptcy in the industry, with 0 employees and 16.6M NOK in sales before bankruptcy.
• Most companies are ASs (11 companies), with an average sales of 10.2M NOK and EBITDA of 1.3M NOK.
• Kvadrat Specsavers As and Kvadrat Optikk As have 0 sales and EBITDA, indicating that they are not actively operating.

Business Activity in Sandnes (2026):

Analysis:

• All companies in the industry are registered in Sandnes, with 11 companies and 94 employees.
• Average sales per company is 11.56M NOK, with an EBITDA margin of 11%.
• Average EBITDA per employee is 192.9K NOK, indicating relatively high efficiency.
• Average sales per employee is 1.6M NOK, suggesting that companies have high productivity.

Bankruptcy Statistics in the Optical Industry (2026):

Analysis:

• Kvadrat Optikk As is the only company bankruptcy in the industry, with 0 employees and 16.6M NOK in sales before bankruptcy.
• Total debt for the company is 3.2M NOK, indicating that it had financial challenges before bankruptcy.
• EBITDA margin for the company was 3%, showing low efficiency compared to the industry average (11%).
• The bankruptcy may have affected sales and employees in the industry, especially in 2026, where sales fell by 90.5% compared to 2025.

Outlook for Entrepreneurs

Expectations for New Companies in the Optical Industry in Sandnes:

• The bankruptcy of Kvadrat Optikk As (2026) shows that the industry can be sensitive to financial challenges, but there are also opportunities to take over existing markets.
• The stable number of companies (15) and high sales figures (10.2M NOK in 2026) indicate that there is potential for growth in the industry.
• High EBITDA margins (11%) and high productivity (1.6M NOK per employee) show that companies can be efficient in operations.
• The low bankruptcy rate (1/15 companies) indicates that the industry is relatively stable, even though there is a certain level of risk.
• SmartGrunder can help entrepreneurs find locations and addresses in Sandnes that are natural for optical stores, based on existing companies and market data.

Outlook for Agriculture (Parent Industry)

Contrast between the Optical Industry and Agriculture in Sandnes:

Analysis:

• Agriculture has more companies (65) and more employees (334) than the optical industry (15 companies and 90 employees), but sales and EBITDA margins are at the same level (10.2M NOK and 11%).
• Peer companies in agriculture include companies in industries such as phone store, electronics store, and computer store, which have higher sales (e.g., Netonnet Ab Nuf Avdeling Sandnes with 221.2M NOK in sales) and higher EBITDA (e.g., Telia Norge As Telia Avd Kvadrat with 22.6M NOK in EBITDA).
• Agriculture has a greater variation in sales and employees than the optical industry, indicating that it is more dynamic as an industry.
• The optical industry has higher productivity per employee (1.6M NOK) compared to agriculture (3.2M NOK per employee in 2026), showing that optical stores can be more efficient in operations.

Summary of the Optical Industry in Sandnes:

• The industry has 15 companies with 94 employees and 10.2M NOK in sales in 2026.
• Kvadrat Optikk As is the only company bankruptcy in the industry, indicating a certain level of risk.
• High EBITDA margins (11%) and high productivity (1.6M NOK per employee) indicate that companies are efficient in operations.
• SmartGrunder can help entrepreneurs find locations and addresses in Sandnes that are natural for optical stores, based on existing companies and market data.
• The contrast with agriculture shows that the optical industry has fewer companies and lower sales, but higher productivity per employee.
• Outlooks for entrepreneurs are positive, but it is important to be aware of bankruptcy risk and financial challenges in the industry.