NACE 43.340
Margins and profitability in painting and glazing
985 Norwegian companies in this industry. The median operating margin was 3.9 %, meaning what was left of revenue once every cost had been paid.
31 % of the companies in this industry posted a negative operating result that year.
In kroner
Revenue and operating profit
| Median company | Top third | |
|---|---|---|
| Revenue | NOK 4,845,237 | NOK 5,251,228 |
| Operating profit | NOK 157,646 | NOK 764,718 |
| Revenue per employee | NOK 1,102,665 | NOK 1,209,082 |
Revenue per employee is calculated on the 507 of 985 companies that report an employee count, as the median of the ratio within each company.
Median, not mean. A mean would be pulled up by the largest companies in the industry, and would say little about a typical one.
The distribution
What companies in the industry earned
One tenth of companies fell below -8.2 %, and one tenth above 17.0 %. That is the real spread in the industry, not an average.
Top against weakest third
- Top third
- 13.0 %
- Weakest third
- -4.3 %
- Spread
- 17 percentage points
- Equity ratio
- 32.7 %median of 985
Size
Profitability by size
| Revenue | Companies | Median operating margin |
|---|---|---|
| 1 to 5 m | 500 | 2.9 % |
| 5 to 20 m | 344 | 4.6 % |
| 20 to 100 m | 130 | 4.9 % |
| over 100 m | 11 | 4.0 % |
Companies are split into revenue bands, with the median margin in each. Bands with fewer than ten companies are omitted, because the median becomes too unstable to show.
Geography
Where the companies are based
| Oslo | 131 | |
| Trondheim | 33 | |
| Stavanger | 20 | |
| Skien | 17 | |
| Kristiansand S | 17 | |
| Sandnes | 16 |
The six postal towns with the most companies in this industry, by registered business address.
Public contracts
Who in the industry wins public contracts
65 of 985 companies in the industry have won at least one public contract since 2022, that is 6.6 %.
Those that win have median revenue of NOK 29.7m, against NOK 4.4m for those that do not. That is 6.7× as much. It describes who wins, not evidence that contracts make companies large; large companies also find it easier to bid.
Who puts them out to tender
The 123 contracts we find come most often from these buyers.
| Vestby kommune | 11 | |
| Rælingen kommune | 9 | |
| Moss kommunale Eiendomsselskap KF | 8 | |
| Drammen Eiendom KF | 6 | |
| Lørenskog kommune | 6 |
Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.
Questions and answers
Common questions about painting and glazing
- What is a normal operating margin in painting and glazing?
- The median operating margin was 3.9 %, meaning what was left of revenue once every cost had been paid. Half of the 985 companies in the sample were above it, and half below.
- What separates the best from the weakest in painting and glazing?
- The top third had an operating margin of 13.0 %, against -4.3 % for the weakest. The spread is 17 percentage points, within the same industry, the same country and the same year.
- How many companies are there in painting and glazing in Norway?
- We hold filed accounts for 985 Norwegian companies on this industry code with at least one million kroner in revenue. The real number is higher, since dormant and very small companies are excluded.
- How much revenue does a company in Painting and glazing generate per employee?
- The median company in Painting and glazing turns over NOK 1.1m per employee. The figure is calculated on the 507 of 985 companies that report an employee count.
- How many are loss-making in painting and glazing?
- 31 % of the companies in the sample posted a negative operating result.
- How large is a typical company in painting and glazing?
- Median revenue is NOK 4.8m. Half of the companies fall between NOK 2.2m and NOK 11m.
- How much do public contracts matter in painting and glazing?
- 65 of 985 companies, that is 6.6 %, have won at least one public contract since 2022. They have median revenue of NOK 29.7m, against NOK 4.4m for the rest.
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