Industry · municipality
china/glassware store in Midt Telemark
An analytical overview of the industry, companies, and development
Executive Summary
Other Observations
- Stability in the number of companies: Although the number of employees has decreased from 21 in 2020 to 14 in 2026, there have been four companies in the industry throughout. This indicates a certain level of stabilization in the market.
- Fluctuations in sales: Sales reached a peak of 13.7 million NOK in 2021, but fell to 12.3 million NOK in 2022 before stabilizing again in 2023 and 2024.
- Concentration in Bø I Telemark: All four companies are registered in Bø I Telemark, showing that the town is an important node for this industry in the municipality.
- Missing data for some companies: Kitch'n Bø and Grivi As have no reported sales or operating profits, which may indicate challenges or newly established companies.
Economic Overview
Sales and employee development:
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2020 | 12.5M | 21 |
| 2021 | 13.7M | 21 |
| 2022 | 12.3M | 21 |
| 2023 | 13.4M | 19 |
| 2024 | 12.7M | 17 |
| 2025 | 12.8M | 14 |
Key figures for Steintøy Og Parfymeri As:
- Sales: 6.6M NOK
- Operating profit: 292,000 NOK
- EBITDA: 496,000 NOK
- Gross margin: 45%
- Operating margin: 4%
Development trends:
- Sales increased by 9.9% from 2020 to 2021, but fell by 10.5% in 2022 before stabilizing.
- The number of employees has decreased by 17.6% from 2024 to 2025, which may indicate streamlining or challenges in the market.
Companies in the Industry
Registered companies in Midt Telemark:
| Company | Address | Legal form | Employees | Sales (NOK) | Operating profit (NOK) | EBITDA (NOK) |
|---|---|---|---|---|---|---|
| Steintøy Og Parfymeri As | Bøgata 40 | AS | 10 | 6.6M | 292,000 | 496,000 |
| Kitch'n Bø | Stasjonsvegen 28 | AS | 5 | 0 | 0 | 0 |
| Grivi As | Bøgata 40H | AS | 0 | 0 | -10,000 | -10,000 |
| Wassvik Enk. | Øygardsvegen 44 | ENK | 0 | 0 | 0 | 0 |
Legal form:
- AS (limited company): 2 companies with a total of 15 employees.
- ENK (sole proprietorship): 1 company with 0 employees.
Observations:
- Steintøy Og Parfymeri As is the most stable company with positive operating profits and EBITDA.
- Kitch'n Bø and Grivi As have no reported sales or negative operating profits, which may indicate challenges or newly established companies.
Business Geography
Activity distributed across towns in the municipality:
| Town/place | Number of companies | Number of employees | Sales (NOK) | Operating profit (NOK) | EBITDA (NOK) |
|---|---|---|---|---|---|
| Bø I Telemark | 4 | 15 | 6.6M | 292,000 | 496,000 |
Observations:
- Bø I Telemark is the only town with activity in this industry in the municipality.
- There are four companies registered in Bø I Telemark, with a total of 15 employees.
- Sales in Bø I Telemark amount to 6.6 million NOK, with an operating profit of 292,000 NOK and EBITDA of 496,000 NOK.
- There is no data for other towns in the municipality in this industry.
Business Dynamics
Bankruptcies and operating profits:
- No bankruptcies: No bankruptcies have been reported for companies in this industry in Midt Telemark.
- Operating profits: Steintøy Og Parfymeri As has a positive operating profit of 292,000 NOK, while Kitch'n Bø and Grivi As have no sales or negative operating profits.
- EBITDA: Steintøy Og Parfymeri As has an EBITDA of 496,000 NOK, while Kitch'n Bø and Grivi As have no EBITDA.
- Challenges: Grivi As has a negative operating profit of -10,000 NOK, which may indicate challenges in operations.
Conclusion: The industry shows a certain level of stabilization, but there are challenges for some companies, especially Kitch'n Bø and Grivi As.
Outlook
Development for entrepreneurs
Outlook for new companies:
- Stable market position: The industry has shown a certain level of stabilization, with four companies in the municipality and no bankruptcies.
- Competitive market: There are two established companies (Steintøy Og Parfymeri As and Kitch'n Bø) with positive operations, which may make it challenging to establish oneself.
- Missing data for some companies: Kitch'n Bø and Grivi As have no reported sales or negative operating profits, which may indicate challenges or newly established companies.
- Opportunities: There are opportunities to establish oneself in Bø I Telemark, especially if it is possible to create a unique offering or improve efficiency.
Recommendation: Entrepreneurs should consider establishing themselves in Bø I Telemark, but must be aware of the competition and challenges in the market.
Development in the Conference Center Sector
Conference center sector in Midt Telemark:
- Number of companies: 13 companies in the conference center sector, compared to 4 companies in the china/glassware store industry.
- Sales: The conference center sector reached a peak of 140.0 million NOK in 2021, but fell to 66.0 million NOK in 2022 before stabilizing again in 2023 and 2024.
- Number of employees: The conference center sector had 69 employees in 2020, but fell to 63 employees in 2025.
Peer companies in the conference center sector:
| Company | Address | Sales (NOK) | EBITDA (NOK) | Employees |
|---|---|---|---|---|
| Europris Bø 439 | Valenvegen 5 | 45.2M | 4.9M | 16 |
| Blomsterstemning As | Bøgata 32 | 7.8M | 1.5M | 8 |
| Møbelhuset Bø As | Gvarvvegen 9 | 15.4M | 663,000 | 9 |
Conclusion: The conference center sector has a larger market share and higher sales than the china/glassware store industry, which may indicate greater potential for growth and development.
Other companies in konferansesenter (not in china/glassware store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Europris Bø 439 | mixed home goods store | Valenvegen 5, 3802 Bø I Telemark | NOK 45.2M | 16 | NOK 4.9M |
| Blomsterstemning As | garden supplies store | Bøgata 32, 3800 Bø I Telemark | NOK 7.8M | 8 | NOK 1.5M |
| Møbelhuset Bø As | furniture store | Gvarvvegen 9, 3801 Bø I Telemark | NOK 15.4M | 9 | NOK 663.0K |
| Byggmakker Handel As Avd Bø I Telemark | building supplies store | Grivisvingen 2, 3802 Bø I Telemark | NOK 0 | 14 | NOK 0 |
| Christian Dalen | fireplace shop | Nordbøbergja 82, 3803 Bø I Telemark | NOK 0 | 0 | NOK 0 |
| Jysk Bø Avd 610 | furniture store | Bøgata 36, 3800 Bø I Telemark | NOK 0 | 8 | NOK 0 |
| Rønningen Og Eek As | building supplies store | Vreimsida 166, 3803 Bø I Telemark | NOK 0 | 0 | NOK 0 |
| Hegna Drift As | furniture store | Gvarvvegen 9, 3801 Bø I Telemark | NOK 0 | 0 | NOK -12.0K |
| B2 Holding As | furniture store | Gvarvvegen 9, 3801 Bø I Telemark | NOK 0 | 0 | NOK -15.0K |
Conclusion
Summary of the analysis:
- Stable industry: The china/glassware store industry in Midt Telemark has shown a certain level of stabilization, with four companies and no bankruptcies.
- Competitive market: There are two established companies (Steintøy Og Parfymeri As and Kitch'n Bø) with positive operations, which may make it challenging to establish oneself.
- Challenges: Kitch'n Bø and Grivi As have no reported sales or negative operating profits, which may indicate challenges or newly established companies.
- Opportunities: There are opportunities to establish oneself in Bø I Telemark, especially if it is possible to create a unique offering or improve efficiency.
Recommendation: Entrepreneurs should consider establishing themselves in Bø I Telemark, but must be aware of the competition and challenges in the market. SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to establish themselves in this industry.