China/Glassware Store in Sandefjord: Analysis of Companies, Statistics, and Outlook

Industry Overview

The China/glassware store industry in Sandefjord is a small but active sector with 3 registered companies and 17 employees. The industry has shown both strength and instability over time, with a sales peak in 2018 (NOK 52.1M) and a dramatic decline in 2023 (NOK 12.0M). The EBITDA margin has remained stable at around 7%, but the number of companies and employees has significantly decreased since 2022. This indicates an industry in transition, with potential challenges for new entrants.

Sales and Employees Over Time:

Key Figures in 2026:

• Sales: NOK 15.0M
• Employees: 15
• EBITDA margin: 7%
• EBITDA per employee: NOK 101.1K
• Gross profit margin: 3298%

The industry has shown highly volatile development, with a sharp decline in 2023 followed by a weak increase in 2024. This may be due to market conditions or specific company challenges.

Registered Companies in Sandefjord:

1. Kitch'n Hvaltorvet (Torget 7, Sandefjord)

• Organizational form: AS
• Founded: 2008-01-01
• Employees: 8
• Sales: NOK 11.0M
• EBITDA: NOK 880.2K
• Gross profit: NOK 491.3M

1. Tilbords Hvaltorvet (Torget 7, Sandefjord)

• Organizational form: AS
• Founded: 2013-06-02
• Employees: 5
• Sales: NOK 0
• EBITDA: NOK 0

1. Sofies Hus As (Kongens gate 14, Sandefjord)

• Organizational form: AS
• Founded: 2011-09-06
• Employees: 4
• Sales: NOK 3.9M
• EBITDA: NOK 206.0K

Organizational Form:

• All companies are AS (Limited Liability Company)
• No companies are in bankruptcy
• Average number of employees per company: 5.7

Activity Distributed Across Locations in the Municipality:

Details:

• All companies are located in Sandefjord, particularly in the area around Torget 7 and Kongens gate 14.
• No activity reported outside the municipality.
• Focus on central locations with high traffic and customer accessibility.

Bankruptcies and Stability:

• No companies in the industry are in bankruptcy (all are marked as 'not bankrupt')
• Stable number of companies: 3 companies over time, even though the number of employees has varied.

Development in EBITDA and Sales:

• EBITDA has remained stable at around 7%, even though sales have varied significantly.
• Largest sales decline: -71.7% from 2022 to 2023.
• Largest increase in employees: +7.1% from 2021 to 2022.

Conclusion: The industry has shown itself to be relatively stable in terms of bankruptcy, but with significant variations in sales and number of employees. This may be due to market conditions or specific company challenges.

Market Challenges:

• The industry has shown highly volatile development, with a sharp sales decline in 2023 (NOK 12.0M) and a weak increase in 2024 (NOK 12.6M).
• The number of companies and employees has significantly decreased since 2022, which may indicate a highly competitive market environment.

Opportunities:

• The EBITDA margin has remained stable at around 7%, which may indicate potential improvement opportunities through efficiencies.
• It may be possible to find available locations in Sandefjord, particularly in central areas.

Recommendation: Entrepreneurs should consider focusing on differentiation and customer customization to stand out in a market environment with few actors and significant sales variations.

Conference Center Sector in Sandefjord:

• Number of companies: 102 (the industry is much larger than china/glassware store)
• Sales in 2025: NOK 765.3M
• Employees in 2025: 439
• Year-over-Year Sales Change (2024→2025): -16.5%
• Year-over-Year Employee Change (2024→2025): -2.4%

Peer Companies in the Conference Center Sector:

Conclusion: The conference center sector has a much higher volume and number of companies, but the china/glassware store industry has a higher EBITDA margin (7% vs. average in the conference center sector). This may indicate that the china/glassware store industry has potential efficiency improvement opportunities.

The china/glassware store industry in Sandefjord is a small but active sector with potential challenges and opportunities. The industry has shown itself to be relatively stable in terms of bankruptcy, but with significant variations in sales and number of employees. Entrepreneurs should consider focusing on differentiation and customer customization to stand out in a market environment with few actors. SmartGrunder can help entrepreneurs find available locations and develop strategies to succeed in this industry.