Industry · municipality
china/glassware store in Alta
An analytical overview of the industry, companies, and development
Executive Summary
The china/glassware store industry in Alta is a small but dynamic sector with two registered companies. In recent years, the industry has shown both strong growth and challenges, with a significant increase in sales in 2025. It is particularly interesting that Alta has a unique combination of high margins and a relatively stable organizational form (AS) among operating companies. This could be an advantage for new players seeking to establish themselves in the municipality.
Economic Overview
Economic Trends
- Sales: Sales for the industry have varied significantly, but showed strong growth of +46.4% from 2024 to 2025, reaching NOK 22.1 million.
- Wage expenses: Wage expenses have been relatively stable, with an average wage per employee of NOK 414,300.
- EBITDA margin: The industry has a high EBITDA margin of 7%, indicating good cost control.
- Employees: The number of employees has been volatile, with a decline of -59.3% from 2020 to 2021, but an increase of +33.3% from 2024 to 2025.
Average Data
- Average sales per company: NOK 11.05 million.
- Average number of employees per company: 7.5.
- Average EBITDA per company: NOK 650,000.
Companies in the Industry
Registered Companies
- Kitch'n Alta (Markedsgata 21, Alta)
- Organizational form: AS
- Founded: 2012-06-01
- Number of employees: 7
- Sales: NOK 15.9 million
- EBITDA: NOK 1.3 million
- Average income per employee: NOK 2.27 million
- Tilbords Alta (Markedsgata 21-25, Alta)
- Organizational form: AS
- Founded: 2014-09-29
- Number of employees: 0
- Sales: NOK 0
- EBITDA: NOK 0
Organizational Form
- AS: 1 company, 7 employees, NOK 15.9 million in sales, NOK 1.3 million in EBITDA.
Business Geography
Distribution of Activity
- Alta: 1 company, 7 employees, NOK 16.2 million in operating income, NOK 15.9 million in sales, NOK 2.9 million in wage expenses, NOK 1.0 million in operating profit, NOK 1.3 million in EBITDA, NOK 491.3 million in gross profit, NOK 3.0 million in equity, NOK 6.3 million in debt, +11% sales growth, 6% operating margin, 7% EBITDA margin, 3081% gross profit margin.
Geographic Focus
- Activity is concentrated in Alta, particularly in Markedsgata 21 and Markedsgata 21-25.
Business Dynamics
Bankruptcy Safety
- Kitch'n Alta: No bankruptcy.
- Tilbords Alta: No bankruptcy.
Industry Dynamics
- Sales development: Highest growth in 2025 (+46.4%), but also a decline of -38.0% from 2020 to 2021.
- Employee development: Largest decline in 2021 (-59.3%), but an increase of +33.3% from 2024 to 2025.
- EBITDA: Highest growth in 2025 (+46.4%), but also a decline of -31.2% from 2025 to 2026.
Conclusion
The industry has shown both strong growth and challenges, but no bankruptcies so far. This indicates a relatively stable sector with potential for further development.
Outlook
Development for Entrepreneurs
The china/glassware store industry in Alta shows potential for entrepreneurs, especially with the +46.4% sales growth in 2025. This indicates increasing demand for products in this category. However, the industry is small, with only two companies, which can provide opportunities for competitive positioning.
Challenges
- Small market size: With only two companies, it may be challenging to create a critical mass.
- Unstable employee numbers: Greater variations in the number of employees over time can affect operational stability.
- Competitiveness: With high margins (7% EBITDA), this can be an advantage for new players, but also a challenge to maintain.
Recommendation
Entrepreneurs should consider establishing themselves in Alta, but should also be aware of the potential challenges related to market size and operational stability.
Outlook for the Conference Center Sector
Conference Center Sector in Alta
- Number of companies: 37
- Sales: NOK 418.4 million in 2025
- Employees: 239 in 2025
- EBITDA: Highest for Coop Finnmark Sa Avd Obs Bygg Alta (NOK 7.9 million)
Contrast to china/glassware store
- Larger market size: The conference center sector has 37 companies, while china/glassware store has 2 companies.
- Higher sales: The conference center sector had NOK 418.4 million in sales in 2025, compared to NOK 22.1 million for china/glassware store.
- Larger number of employees: The conference center sector had 239 employees in 2025, compared to 12 employees for china/glassware store.
Peer Companies
- Coop Finnmark Sa Avd Obs Bygg Alta: NOK 99.8 million in sales, NOK 7.9 million in EBITDA, 26 employees.
- Fagverktøy As: NOK 51.9 million in sales, NOK 7.5 million in EBITDA, 18 employees.
- Rønqvist Holding As: NOK 15.7 million in sales, NOK 4.6 million in EBITDA, 0 employees.
Conclusion
The conference center sector in Alta is much larger and more stable than the china/glassware store sector. This can be an advantage for entrepreneurs seeking to establish themselves in the municipality, but also a challenge for the china/glassware store sector.
Other companies in konferansesenter (not in china/glassware store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Coop Finnmark Sa Avd Obs Bygg Alta | building supplies store | Altahøyden 1, 9513 | NOK 99.8M | 26 | NOK 7.9M |
| Fagverktøy As | building supplies store | Humleveien 3, 9514 Alta | NOK 51.9M | 18 | NOK 7.5M |
| Rønqvist Holding As | furniture store | Markveien 51, 9510 Alta | NOK 15.7M | 0 | NOK 4.6M |
| Jysk Alta Avd 547 | furniture store | Bjørn Wirkolas vei 17, 9510 Alta | NOK 30.1M | 12 | NOK 3.2M |
| Jula Norge As Avd 639 Alta | building supplies store | Bjørn Wirkolas vei 17, 9510 Alta | NOK 40.3M | 16 | NOK 2.0M |
| Clas Ohlson As Avd Alta | mixed home goods store | Markedsgata 21-25, 9510 Alta | NOK 32.9M | 15 | NOK 1.7M |
| Finnmark Byggservice As | building supplies store | Industrihøyden 8, 9513 Alta | NOK 19.4M | 11 | NOK 1.2M |
| Elvebakken Blomster As | garden supplies store | Altaveien 423, 9517 | NOK 7.2M | 10 | NOK 1.1M |
| Alta Fargehandel As Avd Butikk | building supplies store | Nordre Ringvei 25, 9511 Alta | NOK 10.6M | 10 | NOK 804.8K |
| Østlyngen Bygg As | building supplies store | Buktaveien 16, 9515 Alta | NOK 71.0M | 17 | NOK 280.0K |
| Mester Grønn Thon Senter Alta | garden supplies store | Markedsgata 21, 9510 Alta | NOK 5.5M | 7 | NOK 218.7K |
| Alta Blomster Og Dekor As | garden supplies store | Sentrumsparken 4, 9510 Alta | NOK 2.1M | 5 | NOK 172.0K |
| Østlyngen Møbler As | furniture store | Nordre Ringvei 21, 9511 Alta | NOK 17.3M | 10 | NOK 20.0K |
| Alt'a Solskjerming As | building supplies store | Krøkebærveien 3, 9514 Alta | NOK 767.0K | 5 | NOK 13.0K |
| Alta Sol Holding As | building supplies store | Krøkebærveien 3, 9514 Alta | NOK 0 | 0 | NOK 0 |
| Aurora Florealis As | garden supplies store | Smibakken 8, 9515 Alta | NOK 0 | 0 | NOK 0 |
| Bohus Alta | furniture store | Bjørn Wirkolas vei 17, 9510 Alta | NOK 0 | 9 | NOK 0 |
| Brødrene Ek As Avd Fargehandel | building supplies store | Altaveien 197, 9515 | NOK 0 | 9 | NOK 0 |
| Brødrene Mathisens Sagbruk Og Trelasthandel As | building supplies store | Kjosveien 4, 9515 Alta | NOK 0 | 20 | NOK 0 |
| Chiang Chinese Art | non-electrical household articles store | Ekornsvingen 9, 9510 Alta | NOK 0 | 0 | NOK 0 |
| Gunnvald Nilsen | building supplies store | Gakoriveien 12, 9512 Alta | NOK 0 | 0 | NOK 0 |
| Holten Finnmark Naturopplevelser | building supplies store | Gargiaveien 25A, 9518 Alta | NOK 0 | 0 | NOK 0 |
| Kjøkkendesign Alta As | non-electrical household articles store | Altaveien 198, 9515 | NOK 0 | 10 | NOK 0 |
| Lensmannsveien As | non-electrical household articles store | Lensmannsveien 3, 9515 Alta | NOK 0 | 0 | NOK 0 |
| Line M Kristensen | mixed home goods store | Geitramsveien 13, 9514 Alta | NOK 0 | 0 | NOK 0 |
| Roald Og Marianne Alseth Ans | fireplace shop | Lathari, 9517 Alta | NOK 0 | 0 | NOK 0 |
| Sakori S. H. Hykkerud | mixed home goods store | Lampemyra 35, 9518 Alta | NOK 0 | 0 | NOK 0 |
| Trebakk As | building supplies store | Tors vei 3B, 9511 Alta | NOK 0 | 0 | NOK 0 |
| Vicolive Brygfjell | mixed home goods store | Granshagen 5, 9511 Alta | NOK 0 | 0 | NOK 0 |
| Weo Lås & Sikkerhet As | building supplies store | Vepsveien 2, 9514 Alta | NOK 0 | 11 | NOK 0 |
| Xl Bygg Mathisen & Co As Avd Salg Privat | building supplies store | Rurveien 7, 9515 Alta | NOK 0 | 0 | NOK 0 |
| Solsletten Nord As | furniture store | Sagaflaten 2, 9517 Alta | NOK 0 | 0 | NOK -21.0K |
| Aslaksen As | non-electrical household articles store | Skippertorget 2, 9515 Alta | NOK 0 | 0 | NOK -43.0K |
| Birgitt S Johansen Limited Nuf | non-electrical household articles store | Baddoveien 16A, 9515 Alta | NOK 77.0K | 0 | NOK -44.0K |
| Brødrene Ek Holding As | building supplies store | Altaveien 195-197, 9515 | NOK 0 | 0 | NOK -100.0K |
Conclusion
The china/glassware store industry in Alta shows potential for entrepreneurs, especially with the +46.4% sales growth in 2025. This indicates increasing demand for products in this category. However, the industry is small, with only two companies, which can provide opportunities for competitive positioning.
SmartGrunder can help entrepreneurs find suitable addresses in Alta for this industry, based on natural business development trends and local conditions. We recommend contacting us to explore opportunities in the municipality.