China/Glassware Store Industry in Lillestrøm: Current Status and Outlook

Industry Overview

In Lillestrøm, there are 5 companies registered in the china/glassware store industry. Most of these companies are located in Strømmen, where there are 3 companies with 25 employees and a combined sales figure of NOK 7,0M. There is also one company in Lillestrøm, but it has reported no sales or employees. The industry has been marked by rising operating deficits and declining sales over the past few years, indicating some instability in the sector.

Development Trends

Sales and the number of employees have shown greater variations over time. From 2016 to 2025, sales have fallen by 34.9%, and the number of employees has decreased by 58.8%. This suggests weak economic development in the industry, especially in Lillestrøm where one company has no activity. Strømmen, on the other hand, has higher activity, but also negative EBITDA margins and rising debt for some of the companies.

Organizational Forms

Most companies in the industry are organized as AS, and there are 4 companies of this type. This indicates a greater degree of formal company structures in the industry, which can be an advantage for stability, but also a challenge in terms of flexibility.

Sales and Employees Over Time

The industry has experienced greater decline in sales and employees over the past few years. Here is an overview of the development:

Economic Challenges

The industry has been marked by negative EBITDA margins and rising debt for several companies. For example, Christiania Glasmagasin Avd Strømmen has an EBITDA margin of -10% and a debt of NOK 3.5M. This indicates that the industry has been economically unstable over time, with greater challenges in terms of maintaining profitability.

Here is a list of the 5 companies in the china/glassware store industry in Lillestrøm:

1. Christiania Glasmagasin Avd Strømmen – Strømmen Storsenter, Strømmen

• Number of employees: 10
• Sales: NOK 7.0M
• EBITDA: NOK -749.6K
• Debt: NOK 3.5M

1. Kitch'n Strømmen – Støperiveien 5, Strømmen

• Number of employees: 9
• Sales: NOK 0
• EBITDA: NOK 0
• Debt: NOK 0

1. Kitch'n Lillestrøm – Teatergata 14, Lillestrøm

• Number of employees: 6
• Sales: NOK 0
• EBITDA: NOK 0
• Debt: NOK 0

1. Tilbords Strømmen – Støperiveien 5, Strømmen

• Number of employees: 6
• Sales: NOK 0
• EBITDA: NOK 0
• Debt: NOK 0

1. Joh. Jørg. Backe Strømmen As – Strømmen Storsenter, Strømmen

• Number of employees: 0
• Sales: NOK 1.2M
• EBITDA: NOK -402.0K
• Debt: NOK 1.1M

Organizational Forms

Most companies are organized as AS, and there are 4 companies of this type. This indicates a greater degree of formal company structures in the industry, which can be an advantage for stability, but also a challenge in terms of flexibility.

Distribution of Activity in the Municipality

The 5 companies in the industry are distributed across two main locations in Lillestrøm:

1. Strømmen – 3 companies, 25 employees, NOK 7.0M sales

• Christiania Glasmagasin Avd Strømmen – Strømmen Storsenter
• Kitch'n Strømmen – Støperiveien 5
• Tilbords Strømmen – Støperiveien 5

1. Lillestrøm – 1 company, 6 employees, NOK 0 sales

• Kitch'n Lillestrøm – Teatergata 14

Activity in Strømmen

Strømmen is dominant in the industry with 3 companies and 25 employees. This indicates that Strømmen is an important hub for china/glassware store activity in the municipality. There is also greater sales in Strømmen compared to Lillestrøm, where the one company has no activity.

Operational Economic Challenges

The industry has been marked by rising debt and negative EBITDA margins for several companies. For example, Christiania Glasmagasin Avd Strømmen has a debt of NOK 3.5M and an EBITDA margin of -10%. This indicates that the industry has been economically unstable over time, with greater challenges in terms of maintaining profitability.

Bankruptcies and Bankruptcy

There are no reported bankruptcies in the industry in Lillestrøm. This indicates that the industry has been relatively stable in terms of bankruptcy, even though there are greater economic challenges for some companies.

Development for Entrepreneurs

For entrepreneurs considering starting a china/glassware store in Lillestrøm, it is important to be aware of greater economic challenges in the industry. This includes rising debt, negative EBITDA margins, and declining sales over time. This indicates that the industry has been economically unstable over time, and it may be a challenge to maintain profitability.

Opportunities in Strømmen

Strømmen is an important hub for china/glassware store activity in the municipality, with 3 companies and 25 employees. This indicates that Strømmen is a larger marketplace for the industry, and it may be an advantage to focus on this part of the municipality. There is also greater sales in Strømmen compared to Lillestrøm, where the one company has no activity.

Conference Center Industry Comparison

The conference center industry in Lillestrøm has 110 companies, which is much larger than the china/glassware store industry with 5 companies. This indicates that the conference center industry is more developed and larger in the municipality. This can be an advantage for entrepreneurs seeking larger marketplaces and more stable economics.

Peer Companies in the Conference Center Industry

Here is a list of peer companies in the conference center industry in Lillestrøm, sorted by EBITDA:

Economic Challenges in the Conference Center Industry

The conference center industry has also been marked by greater economic challenges, with declining sales and employees over time. This indicates that the industry has been economically unstable over time, with greater challenges in terms of maintaining profitability.

The china/glassware store industry in Lillestrøm has been marked by greater economic challenges, with rising debt, negative EBITDA margins, and declining sales over time. This indicates that the industry has been economically unstable over time, and it may be a challenge to maintain profitability. Strømmen is an important hub for the industry, with 3 companies and 25 employees, and it may be an advantage to focus on this part of the municipality.

Guidance from SmartGrunder

SmartGrunder can help entrepreneurs find suitable addresses in Lillestrøm for the china/glassware store industry, with a focus on larger marketplaces and greater economic stability. We can also provide advice on greater economic challenges and opportunities in the industry.