China/glassware Store Industry in Elverum: A Comprehensive Analysis

This article provides a detailed analysis of the china/glassware store industry in Elverum. The industry has a small but active presence, with two companies and 12 employees. Although the industry has shown variations in sales and operating results over time, there is a clear decline in sales in recent years, especially in 2025. The article covers companies, economic trends, geographic distribution, operational dynamics, and outlooks for founders. A comparison with the broader conference center group also provides insight into how the china/glassware store industry positions itself within Elverum's industrial structure.

Economic Trends

Sales: Sales for china/glassware store companies in Elverum have declined since 2020, with a sharp drop of -42.4% in 2024→2025. The highest sales were recorded in 2016 at NOK 17.1M, while sales now stand at NOK 7.6M in 2025.

Employees: The number of employees has varied between 10 and 20 over the years, with a current value of 12 employees in 2026. There was a decline of -16.7% in 2023→2024, but an increase of +9.1% in 2025→2026.

Operating Results: The industry has had negative operating results over time, with an EBITDA margin of -10% in 2023. The highest operating result was achieved in 2018 at NOK -916.4K.

Gross Margin: The industry has an extremely high gross margin of 2115%, which may indicate that product costs are very low relative to sales. This could be an advantage for future founders, but must be considered in conjunction with operating costs.

In Elverum, 2 companies are registered in the china/glassware store industry:

1. Kitch'n Kremmertorget (Kirkevegen 4, Elverum)

• Organizational form: AS
• Founded: 2011-12-01
• Number of employees: 7
• Sales: NOK 0 (2025)
• EBITDA: NOK 0
• Bankrupt: No

1. As Christiania Glasmagasin Avd Elverum (Kirkevegen 4, Elverum)

• Organizational form: AS
• Founded: 2011-11-01
• Number of employees: 5
• Sales: NOK 7.0M (2023)
• EBITDA: NOK -749.6K
• Bankrupt: No

Organizational Form: Both companies are AS, which indicates that they are limited liability companies with limited liability for owners.

All 2 companies in the china/glassware store industry in Elverum are registered in Elverum. There are 12 employees and NOK 7.0M in sales in the municipality. There is no activity in other districts or locations within the municipality for this industry.

Operational Dynamics and Bankruptcy Statistics

Bankruptcy: None of the two companies in the industry are bankrupt, but there is a sharp decline in sales of -42.4% in 2024→2025, which may be a signal of increased operational challenges.

Operating Results: The industry has had negative operating results over time, with an EBITDA margin of -10% in 2023. This may indicate high operating costs or low sales margin relative to costs.

Employees: The number of employees has varied between 10 and 20 over the years, with a current value of 12 employees in 2026. There was a decline of -16.7% in 2023→2024, but an increase of +9.1% in 2025→2026.

Outlook for Founders

For founders considering starting a china/glassware store in Elverum, it is important to consider the following:

• Market Challenges: Sales have fallen sharply in recent years, especially in 2025. This may indicate low purchasing power or bankruptcy in the sector.
• High Gross Margin: The industry has an extremely high gross margin of 2115%, which could be an advantage for future companies if operating costs can be controlled.
• Bankruptcy Risk: Although no companies in the industry are bankrupt, the clear decline in sales could affect the operations of future companies.
• Competitive Sectors: The broader conference center group in Elverum has higher sales and more companies, which could be a competitive sector for founders.

Conference Center Sector Comparison

The conference center sector in Elverum has 34 companies, which shows that it is much larger than the china/glassware store industry. Sales for the conference center sector have been more stable, with a rise of +31.2% in 2020→2021, although there has been a decline of -38.6% in 2024→2025.

Peer Companies: Examples of companies in the conference center sector in Elverum include:

• Plantasjen Norge As Avd Elverum (garden supplies store)
• Jysk Elverum Avd 530 (furniture store)
• Innlandet Maskin As (building materials store)

Conclusion: The conference center sector has higher sales and more companies, which could be an advantage for founders seeking to establish themselves in Elverum. The china/glassware store industry, however, has a high gross margin that could be an advantage if operating costs can be controlled.

China/glassware store industry in Elverum is small but active. With 2 companies and 12 employees, the industry is in a challenging phase with declining sales and negative operating results. Nevertheless, the industry has an extremely high gross margin of 2115%, which could be an advantage for future founders. The broader conference center sector in Elverum has higher sales and more companies, which could be a competitive sector for founders. SmartGrunder can help founders find suitable addresses in Elverum for this industry, with a focus on development opportunities and operational challenges.