Industry · municipality
China/glassware Store Industry in Modum: A Comprehensive Analysis
Economic Overview, Companies, and Outlook for the china/glassware Store Industry in Modum Municipality
Executive Summary
Other Observations
There is only one company in this industry in Modum: Modum Blaafarveværk Avd Salg. This company has been active since 1991 and has 22 employees. It has a high EBITDA margin of 6% and a gross margin of 645%, indicating strong operating results. There are no bankruptcy registrations for this company, and it has total equity of NOK 3.9 million. However, there is some uncertainty in sales, with a decline of 4.8% from 2024 to 2025. This could be a challenge for future growth in the industry.
Economic Overview
Sales for china/glassware store companies in Modum have been volatile in recent years. The highest sales were achieved in 2018 with NOK 3.2 million, but it dropped to NOK 1.5 million in 2020 before stabilizing at NOK 2.5 million in 2024. There is a clear decline of 4.8% from 2024 to 2025. Employees have also been unstable, with a decline from 21 in 2018 to 6 in 2022 before increasing back to 7 in 2023 and 2024. There is some uncertainty in the industry, but there are no bankruptcy registrations for the single company in Modum.
Companies in the Industry
There is only one company in this industry in Modum: Modum Blaafarveværk Avd Salg. This company has the following characteristics:
- Organizational form: STI
- Founded: 1991-01-01
- Number of employees: 22
- Bankruptcy status: Not bankrupt
- Postal code: 3370
- Municipality: Modum
- County: Viken
- Operating income: NOK 4.9 million
- Sales revenue: NOK 2.5 million
- Wages: NOK 2.3 million
- Operating result: NOK 277,200
- EBITDA: NOK 305,600
- Gross margin: 645%
- Operating margin: 5%
- EBITDA margin: 6%
- EBITDA per employee: NOK 37,700
- Operating income per employee: NOK 608,100
There are no other companies in this industry in Modum, indicating a very small market share for this industry in the municipality.
Business Geography
The single company in this industry in Modum is located in Åmot. Here are the detailed figures for this company:
- Number of companies: 1
- Number of employees: 22
- Operating income: NOK 4.9 million
- Sales revenue: NOK 2.5 million
- Wages: NOK 2.3 million
- Operating result: NOK 277,200
- EBITDA: NOK 305,600
- Gross margin: 645%
- Operating margin: 5%
- EBITDA margin: 6%
- EBITDA per employee: NOK 37,700
- Operating income per employee: NOK 608,100
There are no other neighborhoods or locations in Modum that have activity in this industry.
Business Dynamics
There are no bankruptcy registrations for companies in this industry in Modum. The single company, Modum Blaafarveværk Avd Salg, has been active since 1991 and has operated without bankruptcy. However, there is some uncertainty in sales and number of employees, with a decline of 4.8% from 2024 to 2025. This could be a challenge for future growth in the industry. There is also some variation in the operating result, with a decline from 2018 to 2020 before stabilizing.
Outlook
For entrepreneurs considering starting a business in this industry in Modum, it is important to be aware of the uncertainty in sales and number of employees in recent years. The single company in Modum, however, has a high EBITDA margin of 6% and a gross margin of 645%, indicating strong operating results. There are also opportunities to leverage Modum's infrastructure and potential partners in the municipality. SmartGrunder can help entrepreneurs find suitable addresses in Modum for this industry, especially in Åmot where the single company is located.
Outlook for the Conference Center Industry
The conference center industry in Modum has a larger market share than the china/glassware store industry. There are 17 companies in this broader industry, compared to just one company in the china/glassware store industry. Sales for the conference center industry have been more stable, with an increase from NOK 116.9 million in 2016 to NOK 155.0 million in 2021 before declining to NOK 74.4 million in 2025. Employees have also been more stable, with a decline from 100 in 2016 to 70 in 2025. However, there is some uncertainty in the industry, with a decline of 43.7% from 2024 to 2025. There is also some variation in EBITDA for companies in this industry, with a decline from NOK 2.9 million for Europris Vikersund 226 to NOK 0 for Classic Interiør Romkes.
Other companies in konferansesenter (not in china/glassware store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Europris Vikersund 226 | mixed home goods store | Vikersundgata 34, 3370 | NOK 27.1M | 11 | NOK 2.9M |
| Modum Bygg As | building supplies store | Vikersundgata 38, 3370 | NOK 19.2M | 16 | NOK 1.0M |
| Eggedal Sag As Avd Xl Bygg Vikersund | building supplies store | Sagveien, 3370 Vikersund | NOK 21.7M | 7 | NOK 590.0K |
| Mester Grønn Nærsenteret I Vikersund | garden supplies store | Vikersundgata 34, 3370 | NOK 9.2M | 9 | NOK 364.5K |
| Hansen Salg Og Montering As | building supplies store | Telesletta 1, 3340 Åmot | NOK 370.0K | 0 | NOK 132.0K |
| Solfang.no As | building supplies store | c/o Jeanette Grønli|Øst-Modumveien 753, 3370 Vikersund | NOK 1.2M | 1 | NOK 81.0K |
| Bonnet Norge Ripe Agentur | building supplies store | Heggenveien 8, 3370 Vikersund | NOK 0 | 0 | NOK 0 |
| Classic Interiør Romkes | lighting equipment store | Vikersundgata 16, 3370 | NOK 0 | 0 | NOK 0 |
| Enkel Varme As | building supplies store | Beinveien 8, 3340 Åmot | NOK 0 | 0 | NOK 0 |
| Gausdal Landhandleri As Avd Vikersund | building supplies store | Vikersund Næringspark|Krøderveien 180, 3370 | NOK 0 | 15 | NOK 0 |
| Henåa Gartneri As | garden supplies store | Henåaveien 74, 3370 Vikersund | NOK 0 | 19 | NOK 0 |
| Terje Presterud | building supplies store | Askimveien 30, 3370 Vikersund | NOK 0 | 0 | NOK 0 |
| Wam Juwa Blomsterdesign | garden supplies store | c/o June Iren Wam|Revefaret 7, 3370 Vikersund | NOK 0 | 0 | NOK 0 |
| Wam Juwa Blomsterdesign | garden supplies store | c/o June Iren Wam|Revefaret 7, 3370 Vikersund | NOK 0 | 0 | NOK 0 |
| Åmot Maling Da | building supplies store | Ekengården, 3340 Åmot | NOK 0 | 0 | NOK 0 |
| Åmot Blomster As | garden supplies store | Bergkrystallen 1, 3340 Åmot | NOK 3.8M | 4 | NOK -53.0K |
Conclusion
The china/glassware store industry in Modum is very small, with only one company in the municipality. This company, however, has strong operating results, with a high EBITDA margin of 6% and a gross margin of 645%. However, there is some uncertainty in sales and number of employees, with a decline of 4.8% from 2024 to 2025. There are also opportunities to leverage Modum's infrastructure and potential partners in the municipality. For entrepreneurs considering starting a business in this industry, it is important to be aware of the uncertainty in sales and number of employees in recent years. SmartGrunder can help entrepreneurs find suitable addresses in Modum for this industry, especially in Åmot where the single company is located.