Industry · municipality
China/Glassware Store Industry in Narvik: A Comprehensive Analysis
Key Insights on Companies, Statistics, and Outlook for the Industry in Narvik Municipality
Brief Overview of the Industry
Other Observations
There is only one active company in this industry in Narvik, Kitch'n Narvik, which operates with 6 employees and a revenue of 11.0 million NOK. Tilbords Narvik is registered, but has no employees or revenue, which may indicate that the company is not active. There are no bankruptcies registered in the industry, but there are large variations in employee numbers and revenue over time. The industry has a high gross profit (4450%) and an EBITDA margin of 7%, which suggests that there is potential for growth if companies can stabilize their operations.
Economic Trends
The industry has been marked by a decline in revenue from 2016 to 2021, with a decline of 17.8% from 19.6 million NOK to 10.4 million NOK. There has been an increase in 2024, with an increase of 17.8% to 11.9 million NOK. The number of employees has varied between 6 and 12 over time, with a decline of 26.7% from 2018 to 2019. There are no bankruptcies registered in the industry, but there are large variations in operating results and EBITDA over time.
Companies in the Industry
There are two companies registered in the industry in Narvik:
- Kitch'n Narvik (Kongens gate 66, Narvik) – AS, founded 2011-10-01, 6 employees, revenue 11.0 million NOK, operating result 693.7 thousand NOK, EBITDA 880.2 thousand NOK, gross profit 491.3 million NOK, total equity 2.0 million NOK, total debt 4.4 million NOK.
- Tilbords Narvik (Bolagsgata 1, Narvik) – AS, founded 2012-11-01, 0 employees, revenue 0 NOK, operating result 0 NOK, EBITDA 0 NOK, gross profit 0 NOK, total equity 0 NOK, total debt 0 NOK.
There are no bankruptcies registered for these companies, but there are large variations in operating results and EBITDA over time.
Geographic Distribution
The industry is concentrated in Narvik, with one active company in the city. There are no other cities or locations in the municipality with activity in this industry. Narvik is an important trading city in Nordland, and there may be potential for growth in the industry if more companies are added to the city.
Business Dynamics
The industry has been marked by large variations in employee numbers and revenue over time. There are no bankruptcies, but there are large variations in operating results and EBITDA over time. There is a decline in employee numbers from 2016 to 2025, with a decline of 67.9% from 28 to 9 employees. There is an increase in revenue from 2022 to 2024, with an increase of 21.4% from 9.7 million NOK to 11.9 million NOK.
Outlook for Entrepreneurs
The industry has potential for growth if more companies are added to Narvik. There is a high gross profit (4450%) and an EBITDA margin of 7%, which suggests that there is potential for growth if companies can stabilize their operations. There is also an increase in revenue from 2022 to 2024, with an increase of 21.4% from 9.7 million NOK to 11.9 million NOK. It may be possible to exploit local demand for Chinese/glassware in Narvik, especially if more companies are added to the city.
Outlook for the Conference Center Industry
The conference center industry in Narvik has a higher revenue than the china/glassware store industry, with a revenue of 339.1 million NOK in 2025. There are also more companies in the conference center industry (26 companies) compared to the china/glassware store industry (2 companies). There is also a higher number of employees in the conference center industry, with 173 employees in 2026 compared to 10 employees in the china/glassware store industry. There is also a higher revenue in the conference center industry, with a revenue of 339.1 million NOK in 2025 compared to 11.3 million NOK in the china/glassware store industry. There is also a higher EBITDA margin in the conference center industry, with an EBITDA margin of 4.0% compared to 7% in the china/glassware store industry.
Other companies in konferansesenter (not in china/glassware store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Nordnes Narvik As | building supplies store | Fagernessletta 8, 8514 Narvik | NOK 19.3M | 7 | NOK 8.2M |
| Obs Bygg Narvik 3539 | building supplies store | Bolagsgata 26, 8514 Narvik | NOK 80.7M | 31 | NOK 4.4M |
| Jysk Narvik Avd 535 | furniture store | Ankenesveien 10, 8520 | NOK 30.1M | 11 | NOK 3.2M |
| Møbelringen Bjerkvik As | furniture store | Nordmoveien 83, 8530 Bjerkvik | NOK 21.5M | 13 | NOK 2.9M |
| S Thorstensen As | building supplies store | Sjøbakken 17, 8540 Ballangen | NOK 19.9M | 15 | NOK 2.0M |
| Clas Ohlson As Avd Narvik Storsenter | mixed home goods store | Kongens gate 66, 8514 Narvik | NOK 32.9M | 15 | NOK 1.7M |
| Arktiske Hager Narvik As | garden supplies store | Sleggesvingen 5, 8514 Narvik | NOK 16.6M | 10 | NOK 1.2M |
| Lindahl As | building supplies store | Dronningensgate 36B, 8514 Narvik | NOK 16.9M | 5 | NOK 908.0K |
| Byggevaresenteret Hådal As | building supplies store | Nordmoveien 85, 8530 Bjerkvik | NOK 25.1M | 7 | NOK 517.0K |
| Mester Grønn Thon Senter Malmporten | garden supplies store | Bolagsgata 1, 8514 Narvik | NOK 7.3M | 7 | NOK 291.6K |
| Jke Narvik As | non-electrical household articles store | Industriveien 16A, 8517 Narvik | NOK 9.1M | 4 | NOK 201.0K |
| Kjøpsvik Trelast As | building supplies store | Kjøpsneset 2, 8590 Kjøpsvik | NOK 150.0K | 0 | NOK 134.0K |
| Europris Narvik 588 | mixed home goods store | Bolagsgata 18, 8514 Narvik | NOK 0 | 14 | NOK 0 |
| Lilly Blomster As | garden supplies store | Dronningens gate 43, 8514 Narvik | NOK 0 | 12 | NOK 0 |
| Nettbutikklyshaugen Wenberg Marø | mixed home goods store | Sentrumsveien 17, 8540 Ballangen | NOK 0 | 0 | NOK 0 |
| Nord Coat Pro As | building supplies store | Salomons vei 4, 8530 Bjerkvik | NOK 23.0K | 0 | NOK -9.0K |
| Maper As | furniture store | Nordmoveien 83, 8530 Bjerkvik | NOK 0 | 0 | NOK -13.0K |
| Lindahl Investering As | building supplies store | Dronningensgate 36B, 8514 Narvik | NOK 0 | 0 | NOK -36.0K |
| Snarkjøp As | paints/varnish store | Kjerranveien 17, 8530 Bjerkvik | NOK 509.0K | 0 | NOK -90.0K |
| Nystad As | non-electrical household articles store | Framnesveien 130, 8516 Narvik | NOK 0 | 0 | NOK -91.0K |
| Sonja Blomster As | garden supplies store | Kongens gate 40, 8514 Narvik | NOK 3.4M | 0 | NOK -174.0K |
| Overia Interiør As | furniture store | Brugata 4, 8516 Narvik | NOK 2.3M | 0 | NOK -218.0K |
| Kjøkken Og Design As | non-electrical household articles store | Dronningens gate 49, 8514 Narvik | NOK 7.7M | 3 | NOK -556.0K |
| Skeidar Narvik As | furniture store | Bolagsgata 20, 8514 Narvik | NOK 16.5M | 7 | NOK -903.0K |
Conclusion
The industry has potential for growth if more companies are added to Narvik. There is a high gross profit (4450%) and an EBITDA margin of 7%, which suggests that there is potential for growth if companies can stabilize their operations. There is also an increase in revenue from 2022 to 2024, with an increase of 21.4% from 9.7 million NOK to 11.9 million NOK. It may be possible to exploit local demand for Chinese/glassware in Narvik, especially if more companies are added to the city. It may also be possible to exploit the conference center industry in Narvik, which has a higher revenue and more companies.