China/Glassware Store Industry in Gjøvik: A Comprehensive Analysis

Industry Overview

The China/glassware store industry in Gjøvik is a small but active sector with two registered companies. The industry has proven to be dynamic, with both rising and falling trends in sales and number of employees over time. There are no registered bankruptcies in the industry, which indicates a certain level of stability. At the same time, data shows that the industry has a weak positive development in EBITDA margins and operating results, which could be interesting for founders considering establishing themselves here.

Strengths and Challenges

The industry has a good organizational structure, with both companies registered as AS. This may indicate a certain level of professionalization and stability. However, sales data show that the industry has been marked by large variations over time, with a decline from 19 million NOK in 2016 to 8.8 million NOK in 2025. This could be a challenge for new players looking to establish themselves in a market segment that has proven to be sensitive to economic variations.

The sales development has been marked by large variations, with a decline of 48.3% from 2016 to 2017, followed by an increase of 15.6% from 2018 to 2019. The most significant decline was in 2020, with a decline of 9.3%. The number of employees has shown a more stable development, with a decline from 22 to 12 employees from 2016 to 2020, followed by an increase to 15 employees in 2025.

Operating Results and Margins

Data shows that the industry has an EBITDA margin of 1% and an operating result margin of 1%. This indicates that companies in the industry have a certain level of efficiency, although there is room for improvement. Sales revenues have been 8.8 million NOK, with an operating result of 94,000 NOK and an EBITDA of 105,000 NOK.

Registered Companies

The industry has two registered companies in Gjøvik:

1. Tilbords Gjøvik (address: CC Stadion, Jernbanesvingen 6, Gjøvik)

• Legal form: AS
• Founded: 1993-03-01
• Number of employees: 9
• Sales: 0 NOK
• Operating result: 0 NOK
• EBITDA: 0 NOK

1. Kjøkkendrift No 1 Gjøvik As (address: Jernbanesvingen 6, Gjøvik)

• Legal form: AS
• Founded: 2012-06-01
• Number of employees: 8
• Sales: 8.8M NOK
• Operating result: 94,000 NOK
• EBITDA: 105,000 NOK

Legal Forms

All companies in the industry are registered as AS, which indicates a certain level of professionalization and stability in the industry.

The industry is concentrated in Gjøvik, with the following distribution:

• Gjøvik: 2 companies, 17 employees, 8.8M NOK sales, 1.7M NOK wages, 94,000 NOK operating result, 105,000 NOK EBITDA, 4.2M NOK gross profit, 1.3M NOK equity, 2.0M NOK debt, 0% sales growth, 1% EBITDA margin, 48% gross profit margin, 1% operating margin.

There is no activity registered in other parts of the municipality.

The industry has proven to be relatively stable in terms of bankruptcy. There are no registered bankruptcies in the industry, which indicates a certain level of stability. However, data shows that the industry has been marked by variations in sales and number of employees over time. This could be a challenge for new players looking to establish themselves in a market segment that has proven to be sensitive to economic variations.

Operating Results and Margins

Data shows that the industry has an EBITDA margin of 1% and an operating result margin of 1%. This indicates that companies in the industry have a certain level of efficiency, although there is room for improvement.

For founders considering establishing themselves in the China/glassware store industry in Gjøvik, it is important to be aware of the variations that have been characteristic of the industry. Although there are no registered bankruptcies, the industry has proven to be marked by variations in sales and number of employees over time. This could be a challenge, but at the same time, it could also represent opportunities for new players looking to establish themselves in a market segment that has proven to be sensitive to economic variations.

Competitiveness

The industry has a certain level of competitiveness, with two companies operating in the municipality. This could be a challenge for new players, but at the same time, it could also represent opportunities to establish themselves in a market segment that has proven to be sensitive to economic variations.

The conference center sector in Gjøvik has a larger market share than the China/glassware store industry, with 48 companies in the sector. The sales development in the conference center sector has been more stable, with a decline of 11.0% from 2016 to 2017, followed by an increase of 2.9% from 2018 to 2019. The number of employees has shown a more stable development, with a decline from 378 to 182 employees from 2016 to 2024.

Peer Companies

The conference center sector has more peer companies, including:

• Plantasjen Norge As Avd Gjøvik (sales: 23.8M NOK, EBITDA: 13.7M NOK, 15 employees)
• Byggmax Gjøvik (sales: 100.1M NOK, EBITDA: 7.5M NOK, 8 employees)
• Jula Norge As Avd 615 Gjøvik (sales: 77.3M NOK, EBITDA: 3.9M NOK, 20 employees)

These companies could represent opportunities for collaboration or competitiveness for new players in the China/glassware store industry.

The China/glassware store industry in Gjøvik is a small, but active sector with two registered companies. The industry has proven to be dynamic, with both rising and falling trends in sales and number of employees over time. There are no registered bankruptcies in the industry, which indicates a certain level of stability. At the same time, data shows that the industry has a weak positive development in EBITDA margins and operating results, which could be interesting for founders considering establishing themselves here.

Guidance

For founders considering establishing themselves in the China/glassware store industry in Gjøvik, it is recommended to contact SmartGrunder for more detailed information about possible addresses and development trends in the municipality.