China/Glassware Store in Alver: An Analysis of Companies, Statistics and Outlooks

This article provides a detailed analysis of the china/glassware store industry in Alver. We examine company structure, economic trends, geographic distribution, industry dynamics, and future perspectives. The data shows that the industry has a stable, but variable development, with two companies operating in the municipality. At the same time, the comparison with the broader conference center group shows that there are large variations in scope and structure between the two industries.

Economic Trends

Sales and employees in the china/glassware store industry in Alver:

• Sales: In 2025, total sales in the industry were NOK 8.6 million, a decrease of 17.4% from 2024. There have been variations over the years, with a peak of NOK 10.7 million in 2023.
• Employees: The number of employees has varied between 6 and 13 over the years, with a stabilization at 8 employees in 2025.

Key Economic Indicators

• EBITDA margin: Ranges from 9-19% for the two companies, indicating relatively good cost efficiency.
• Average sales per employee: NOK 1.2-2.1 million per employee, pointing to high productivity.

Development Over Time

Sales have been uneven, with an increase of +16.1% in 2019, but a decrease of -17.4% in 2025. Employees have been more stable, with a decrease of -53.8% in 2019, but stabilization from 2021 onward.

In Alver, two companies operate within the china/glassware store industry:

1. Hackit Norway As (Lurevegen 148, Seim)

• Founded: 2012
• Number of employees: 4
• Sales: NOK 2.4 million (2025)
• EBITDA: NOK 478,000
• Organisation type: AS
• Status: Not bankrupt

1. Kitchn Knarvik (Kvernhushaugane 10, Isdalstø)

• Founded: 2016
• Number of employees: 4
• Sales: NOK 8.6 million (2025)
• EBITDA: NOK 789,000
• Organisation type: AS
• Status: Not bankrupt

Organisation Type

• AS: 2 companies, total 8 employees.
• Average operating income per employee: NOK 1.3 million.
• Average EBITDA per employee: NOK 148,700.

Distribution of Activity in the Municipality

The industry is distributed across two locations in Alver:

1. Isdalstø (Kvernhushaugane 10)

• Number of companies: 1
• Number of employees: 4
• Operating income: NOK 8.6 million
• Sales: NOK 8.6 million
• Wages: NOK 1.3 million
• EBITDA: NOK 789,000
• Average sales per employee: NOK 2.1 million

1. Seim (Lurevegen 148)

• Number of companies: 1
• Number of employees: 4
• Operating income: NOK 2.4 million
• Sales: NOK 2.4 million
• Wages: NOK 96,000
• EBITDA: NOK 478,000
• Average sales per employee: NOK 550,300

Geographic Variation

• Isdalstø has higher sales and wages per employee compared to Seim.
• Seim has lower operating income and EBITDA, but higher average sales per employee.

Bankruptcies and Dynamics

• No bankruptcies are registered for the china/glassware store industry in Alver in 2025.
• Stability: Both companies are in operation and have positive EBITDA.
• Development over time: Sales have been uneven, but no companies have gone bankrupt.
• Future dynamics: With a stable EBITDA margin and no bankruptcy risk, the industry could be attractive for investments.

Challenges

• Decrease in sales: In 2025, sales were 17.4% lower than in 2024.
• Variable operations: Sales and operating income have varied significantly over the years, which could be a challenge for the companies.

Future Outlook for Entrepreneurs

The china/glassware store industry in Alver has a stable, but variable development. With two companies in operation and no bankruptcies, it may be possible to further develop. The key figures show that the industry has a good EBITDA margin (9-19%), which suggests that it is possible to maintain profitability.

Possible challenges:

• Decrease in sales: In 2025, sales were 17.4% lower than in 2024, which could affect future growth.
• Competitiveness: With two companies in the industry, it may be a challenge to achieve market share.

Opportunities:

• Stable EBITDA: With a stable EBITDA margin, it may be possible to maintain profitability.
• Geographic variation: The distribution on Isdalstø and Seim could provide opportunities to expand to other areas in the municipality.

Conference Center Group Comparison

The conference center group in Alver has 33 companies, showing that it is a much larger industry than china/glassware store. Compared to the china/glassware store industry, the conference center group has:

• Higher sales: In 2025, sales were NOK 221.8 million for conference centers, compared to NOK 8.6 million for china/glassware stores.
• Many more employees: In 2025, the conference center group had 144 employees, compared to 8 employees in china/glassware stores.

Peer Companies in the Conference Center Group

Conclusion

The conference center group has a much larger scope and structure than the china/glassware store industry, but both industries have their unique challenges and opportunities.

China/glassware store industry in Alver has a stable, but variable development. With two companies in operation and no bankruptcies, it may be possible to further develop. The key figures show that the industry has a good EBITDA margin (9-19%), which suggests that it is possible to maintain profitability.

For entrepreneurs: It is possible to find available addresses in Alver for this industry, and SmartGrunder can help find the most profitable locations. With a stable EBITDA margin and no bankruptcy risk, the industry could be attractive for investments.