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

Industry Overview

The China/Glassware Store sector in Karmøy is a small but active industry with 7 registered companies. Most companies are organized as AS, and there is a clear geographical distribution between Karmsund and Åkrehamn. The industry has experienced both growth and decline in recent years, with a significant drop in 2020 due to the pandemic, but a gradual recovery since 2021. There are no registered bankruptcies among companies in the industry, indicating a certain level of stability. For entrepreneurs, this could be an interesting market opportunity, but with a warning about the uncertain economic dynamics.

Sales and Employees at China/Glassware Store in Karmøy

Sales experienced a sharp decline in 2020 but have since recovered with a 30.5% increase in 2025. The number of employees has been more unstable, with a 40% decrease in 2020 and a recovery in 2025. This shows that the industry has been affected by external factors but has clear growth potential.

In Karmøy, there are 7 registered companies within the China/Glassware Store sector. The key companies are:

1. Kjøkkendrift No 1 Åkrahamn As (Åkrehamn) – 10 employees, sales of 5.7M NOK, EBITDA of 307.0K NOK.
2. Tilbords Karmsund (Karmsund) – 7 employees, sales of 3.9M NOK, EBITDA of 149.9K NOK.
3. Kitch'n Oasen (Karmsund) – 4 employees, but no sales or EBITDA.
4. Filtoria As (Karmsund) – 0 employees, no sales or EBITDA.
5. Grindhaug Import (Åkrehamn) – 0 employees, no sales or EBITDA.
6. Sigurd Svendsen Anne Tove Svendsen Inngår I Dødsbo (Skudeneshavn) – 0 employees, no sales or EBITDA.

Most companies are organized as AS, with 3 companies in this form. This indicates a certain level of formal structure and responsibility allocation within the industry.

The industry is divided into two main areas in Karmøy:

1. Karmsund:

• 2 companies
• 17 employees
• Sales of 7.8M NOK
• EBITDA of 456.9K NOK
• Higher average EBITDA margin (4%) compared to Åkrehamn.

1. Åkrehamn:

• 1 company
• 10 employees
• Sales of 5.7M NOK
• EBITDA of 307.0K NOK
• Lower average EBITDA margin (5%) but higher sales per employee.

Karmsund has a more stable economic structure, while Åkrehamn has higher productivity per employee.

Bankruptcy Statistics:

• There are no registered bankruptcies among companies in the industry, indicating a certain level of stability.

Unstable Companies:

• Three companies (Kitch'n Oasen, Filtoria As, Grindhaug Import) have no sales, no employees, and no EBITDA. This may indicate that they are inactive companies or in an early stage of operation.

Conclusion: The industry has proven to be relatively stable, but there is some uncertainty related to smaller companies. Entrepreneurs should be aware of potential risks associated with small companies with low activity.

The industry has proven to be resilient, with a recovery after the pandemic. There are growth opportunities, especially in Karmsund where there is a higher average EBITDA margin. This may indicate potential for efficient operations in the area. However, there is some uncertainty related to smaller companies, and entrepreneurs should consider focusing on areas with higher activity and stable economics. It is also possible to leverage existing infrastructure and market in Karmøy to establish new companies.

Conference Center Sector in Karmøy has a much larger market value (NOK 534M in 2025) compared to China/Glassware Store (NOK 15.8M in 2025). There are also more employees (321 in 2025) in the conference center sector. This shows that the conference center sector is a much larger and more stable industry in Karmøy.

Peer Companies in the Conference Center Sector:

• Nygaard Bad As (building materials store) – 9 employees, sales of 45M NOK, EBITDA of 11.4M NOK.
• Åkrehamn Trålbøteri As Avd Butikk (building materials store) – 34 employees, sales of 68.4M NOK, EBITDA of 9.0M NOK.
• Byggmax Karmøy (building materials store) – 9 employees, sales of 100.1M NOK, EBITDA of 7.5M NOK.

The conference center sector has higher sales, more employees, and better EBITDA margins compared to China/Glassware Store. This can be an important factor for entrepreneurs considering establishing themselves in Karmøy, as the conference center sector offers greater potential for growth and stability.

China/Glassware Store in Karmøy is a small but active industry with growth opportunities, especially in Karmsund. It is important to be aware of unstable companies and potential risks associated with them. The conference center sector in Karmøy is a much larger and more stable industry, which can be an important factor for entrepreneurs. SmartGrunder can help entrepreneurs find suitable addresses and locations in Karmøy for this industry, based on data and market analyses.