Local Company
Storage24 operates a Norwegian network of self-storage parks offering standardised 28m² to 140m² units with 24/7 access and video surveillance, serving both private individuals seeking personal or vehicle storage and small-to-medium businesses needing inventory or combined office-storage space.
- Company typePrivate
- Founded2015
- HeadquartersCrewe, United Kingdom
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Local Company does
Storage24 operates a network of self-storage facilities across Norway, with four storage parks located in Drammen (48 units), Fredrikstad (58 units), Skien (35 units), and Tønsberg/Barkåker (19 units), aggregating roughly 160 units. The core offering consists of standardised storage units ranging from 28m² to 56m², equipped with garage-style vertical-opening doors, electrical outlets, and LED lighting, plus combination units of 140m² that pair 102m² of ground-level storage with a 37m² office and toilet on the upper floor. All units provide 24/7/365 access and are covered by video surveillance infrastructure across the storage parks.
The business model is recurring monthly rental income from both private individuals and small-to-medium businesses, with a deposit required upfront and an 8-week notice period for termination. The customer base is split across two segments: individuals seeking personal storage for belongings, vehicles (campers, caravans), or hobby workshops, and SMBs needing inventory storage, logistics support, or combined office-and-storage space. The 140m² combination unit is positioned as a differentiated offering for newly established businesses with logistical needs.
Distribution is direct-to-consumer, combining a self-serve website with online contract signing and same-day move-in, phone sales (Monday-Friday 08:00-16:00), and email inquiries. Marketing is built on local SEO pages per Norwegian city, a blog with lifestyle and storage-tips content, and Google reviews for social proof. The website exposes a multi-country selector covering Norway, Denmark, Germany, France, and Austria, indicating European ambitions beyond the current Norwegian operational footprint, though physical parks outside Norway are not confirmed in the source material.
Local Company firmographics
Firmographics- Name
- Local Company
- Legal name
- Storage24
- Website
- https://localcompany.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Storage24 operates a Norwegian network of self-storage parks offering standardised 28m² to 140m² units with 24/7 access and video surveillance, serving both private individuals seeking personal or vehicle storage and small-to-medium businesses needing inventory or combined office-storage space.
- Ownership category
- akta.pro rank
Local Company industry classification
Industry- Product category
- Self-Storage Services
- NAICS
- Lessors of Miniwarehouses and Self-Storage Units (531130), General Warehousing and Storage (49311)
- SIC
- Public Warehousing & Storage (4220)
- akta.pro primary industry
- Standard/Non-Climate Self-Storage (HSAKAGAB)
- akta.pro secondary industries
- Vehicle & Equipment Storage Yards (Laydown/RoRo/Parking) (TLALAAAJ), Renovation & Staging Full-Service Storage (HSAKAHAI)
Keywords
Where Local Company is headquartered
LocationHeadquarters
- HQ city
- Crewe
- HQ country
- United Kingdom
- HQ region
- Europe
Offices4 records
Markets served
Local Company business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Storage Unit Rental: Monthly rental of storage units and garages to both private individuals and businesses. Units range from 28m² to 140m². Rental agreements have an 8-week notice period. Customers pay a deposit which is refunded after vacating.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Small storage units starting at 28m² |
| Unit Pricing | Monthly | Medium storage units (33m², 42m², 56m²) |
| Unit Pricing | Monthly | Combined storage with office (140m²) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Local Company product offering
Product offeringCore offering
Storage24 rents standardized storage units (28m² to 56m²) equipped with garage-style doors, electrical outlets, and LED lighting, as well as 140m² combination units integrating 102m² of ground-floor storage with a 37m² office and toilet on the upper floor. Units are available 24/7, monitored by video surveillance, and rented on a recurring monthly basis to both private individuals and small/medium businesses through a self-serve website and phone/email sales.
Product overview
Storage24 is a storage rental company operating a network of storage parks across Norway, offering flexible storage solutions for both personal and business needs. The core offering consists of storage/garage units available in standardized sizes (28m², 33m², 42m², 56m²) and larger combination units with integrated office space (140m²). The company operates locations in Drammen, Fredrikstad, Skien, and Tønsberg, providing 24/7 access, video surveillance, and electrical connectivity across all units.
Differentiator
Problem solved
Functional benefit
Products and services
- Lager / Garasje (Storage / Garage) Flexible storage units and garages available in standardized sizes from 28m² up to 56m², equipped with garage-style doors, electrical outlets, and LED lighting. Units offer direct vehicle access and are rented monthly for personal storage, hobby workshops, vehicle storage, and business inventory or equipment.
- Lager med kontor (Storage with Office) Combination unit of 140m² that integrates 102m² of ground-floor storage space with 37m² of office space and a toilet on the upper floor, designed for newly established businesses with logistical needs that need both a professional address and inventory/workshop space.
Quantifiable outcome
- 48 units in Drammen location, 58 units in Fredrikstad, 35 units in Skien, 19 units in Tønsberg
Companies that use Local Company
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Local Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Local Company partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights4 records
Local Company competitors and assessment
Company assessmentBroad incumbents
- Big Yellow Group: UK-listed self-storage REIT focused on prime urban locations. Comparable business model and premium positioning, with industry-leading disclosures of occupancy, pricing, and unit economics that anchor valuation benchmarks for the broader European sector.
- Shurgard Self-Storage: Pan-European self-storage REIT with hundreds of parks across multiple countries including Norway and Denmark. Comparable product offering and customer base, but operates at much larger scale and serves as the dominant European incumbent Storage24 positions against.
- Extra Space Storage: One of the largest US self-storage REITs; broadly comparable in operating model (monthly rentals, standardized units, 24/7 access) but operates at a much larger scale than Storage24. Useful for sector valuation benchmarks and unit-economics best practice.
- Self Storage Group ASA: Nordic self-storage operator (formerly Storage United) running brands across Norway, Sweden, and Denmark. Directly comparable business model and Scandinavian footprint, with broader geographic reach than Storage24's current park base.
- SafeStore ASA: UK-listed self-storage REIT operating across the UK and Paris. Broad incumbent comparable in business model (monthly recurring rentals, standardized units) though not currently operating in Norway; useful comp for capital and operating benchmarks.
Direct peers
- Pelican Self Storage: Nordic-focused self-storage brand with parks in Norway and neighboring countries. Direct competitor targeting both individuals and SMBs, offering comparable unit sizes and 24/7 access features.
- Green Storage: Norwegian self-storage operator with a network of parks across major Norwegian cities. Direct competitor in the same product category and customer base (individuals and SMBs), with comparable 24/7 access and standardized units.
- Lager & Garasje (Lagerhouse): Norwegian self-storage and garage rental brand competing in overlapping urban-industrial markets. Closely comparable in unit sizing, customer segments, and rental model to Storage24's Norwegian parks.
- City Self-Storage: Norwegian self-storage operator focused on urban and suburban locations. Competes for the same private and SMB customers as Storage24, with comparable monthly rental model and standardized units.
Emerging players
- Lokalen Lager: Smaller Norwegian self-storage operator with a more limited park count. Emerging competitor targeting similar private and SMB customers in Norwegian micro-markets, useful as a comparison point for sub-scale local operators Storage24 could roll up.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Local Company social profiles
Digital presenceLocal Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Local Company leadership team
Management profileNumber of profiles
Local Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Local Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Local Company
What does Local Company do?
Storage24 rents standardized storage units (28m² to 56m²) equipped with garage-style doors, electrical outlets, and LED lighting, as well as 140m² combination units integrating 102m² of ground-floor storage with a 37m² office and toilet on the upper floor. Units are available 24/7, monitored by video surveillance, and rented on a recurring monthly basis to both private individuals and small/medium businesses through a self-serve website and phone/email sales.
Is Local Company a public or private company?
Local Company is a private company. It is classified as unknown and is currently operating.
When was Local Company founded?
Local Company was founded in 2015. It employs 51 to 100 people.
Where is Local Company based?
Local Company is headquartered in Crewe, United Kingdom, in the Europe region.
How does Local Company make money?
One revenue line is on record: storage Unit Rental.
Who are Local Company's main competitors?
Broad incumbents on record are Big Yellow Group, Shurgard Self-Storage, Extra Space Storage, Self Storage Group ASA and SafeStore ASA. Direct peers are Pelican Self Storage, Green Storage, Lager & Garasje (Lagerhouse) and City Self-Storage. Lokalen Lager is listed as an emerging player.
Does Local Company have an API?
No public API is recorded for Local Company.
What industry is Local Company in?
Local Company's product category is Self-Storage Services. Its primary akta.pro industry code is HSAKAGAB, Standard/Non-Climate Self-Storage, with a secondary code of TLALAAAJ, Vehicle & Equipment Storage Yards (Laydown/RoRo/Parking). Its NAICS code is 531130 and its SIC code is 4220.