Optical Stores in Time Municipality

The optical store industry in Time municipality is a small but dynamic sector with four registered companies. In recent years, the industry has shown both growth and decline in revenue and number of employees, indicating some uncertainty. Nevertheless, there are several positive signals, such as high EBITDA margins and stable operations in some of the largest companies. The industry is concentrated in Bryne, and there is a mix of AS companies that dominate. For entrepreneurs, there may be opportunities, but it is important to be aware of the fluctuating market conditions.

From 2016 to 2025, revenue in the optical store industry in Time grew from NOK 16.9 million to NOK 26.4 million, followed by a decline in 2025. There is a clear increase from 2016 to 2020, with an increase of over 80%, but a decline of 27.3% in 2025. The number of employees has varied between 14 and 28, with a 100% increase from 2016 to 2020, followed by a 17.9% decline in 2023. There is a clear fluctuation in both revenue and employees, which may be due to market fluctuations or changes in operational strategies by the companies.

There are four companies registered in the optical store industry in Time, all AS companies. The main companies are:

• Optikk Og Syn As (Storgata 40, Bryne): 16 employees, EBITDA NOK 0 (2025), but high operating results previously.
• Brilleland Avd 526 Bryne (Jupitervegen 2, Bryne): 7 employees, EBITDA NOK 349.6K (2025), stable operations.

• O & S Holding As (Storgata 40, Bryne): 0 employees, but high revenue of NOK 17.3 million (2025) and EBITDA of NOK 7.3 million.

Most companies have high EBITDA margins, indicating good cost control. However, there is a large variation in revenue and operating results between the companies.

The industry is concentrated in Bryne, where there are three companies with a total of 30 employees. The main figures for Bryne are:

There are no companies registered in other parts of Time, indicating that Bryne is the only center for optical stores in the municipality.

There are no registered bankruptcies in the optical store industry in Time in the past few years. Nevertheless, data shows some uncertainty in operating results, especially for O & S Holding As, which had a 12% revenue decline in 2025. There is a clear variation in operating results between the companies, which can be a challenge for new entrants. Nevertheless, the industry is stable, with high EBITDA margins for the most successful companies.

For entrepreneurs, there may be opportunities in the optical store industry in Time, especially in Bryne where there is a concentration of companies. The high EBITDA margins of some existing companies indicate good cost control and potential for improvement. However, it is important to be aware of the fluctuating revenue figures, which can affect operating results. It may be beneficial to analyze competitors more closely and look at how they have achieved stable results, especially Synsam Bryne M44 with an EBITDA margin of 18%.

When comparing the optical store industry with the broader agriculture sector in Time, data shows that agriculture has a much larger number of companies (14) compared to optical stores (4). Revenue in agriculture has been more stable, with a decline of 22.4% in 2025, while optical stores had a decline of 27.3%. The number of employees in agriculture has varied more, but there is a clear decline from 2016 to 2019. The main companies in agriculture include, among others, Mineraler Og Krystaller As and Skousen Bryne, which have high revenue but lower EBITDA margins compared to optical stores. This shows that the optical store industry has a better operating result structure, but a smaller market share compared to agriculture.

The optical store industry in Time has both opportunities and challenges. With high EBITDA margins and a concentration of companies in Bryne, it can be an attractive sector for entrepreneurs. However, it is important to be aware of the fluctuating revenue figures and potential market fluctuations. It is recommended to analyze competitors more closely and look at how they have achieved stable results. SmartGrunder can help entrepreneurs find suitable addresses in Time for this industry, with a focus on areas with good market proximity and operational efficiency.