Industry · municipality
Electric Goods Stores in Bamble
An analysis of the companies, statistics, and outlook for the industry in the municipality of Bamble in Vestfold and Telemark.
Executive Summary
Electric goods stores in Bamble show a significant increase in sales over the past few years, even though the number of employees has been very low. From 2016 to 2018, there were no employees in the industry, but in 2019 and 2020, the industry had 1 employee. Sales growth has been substantial, with an increase from 1.2 million NOK in 2018 to 11.7 million NOK in 2020. This indicates rapid growth in the industry, despite the limited number of businesses.
Economic Overview
Sales and Employees
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 0 | 0 |
| 2017 | 0 | 0 |
| 2018 | 1.2M | 0 |
| 2019 | 7.2M | 1 |
| 2020 | 11.7M | 1 |
Sales have increased by 482.2% from 2018 to 2019 and by 62.3% from 2019 to 2020. This shows strong growth in the industry. The number of employees has been very low, with only 1 employee in 2019 and 2020. This may indicate that the businesses are small or that they use technology to reduce the need for employees.
Companies in the Industry
There are no registered companies in the electric goods stores industry in Bamble according to available data. This may indicate that the industry is new or that the businesses are not registered in the municipality. There is no information about the organizational forms of companies in the industry, but it is registered that there are no companies in the industry.
Business Geography
There is no available data on the distribution of businesses in different neighborhoods or locations in Bamble. This may be a limitation in the analysis, as it is not possible to see where the activity in the industry is most concentrated.
Business Dynamics
There is no available data on bankruptcy statistics or bankrupt companies in the electric goods stores industry in Bamble. This means that there is no registered bankruptcy in the industry over the past few years. It is therefore not possible to assess the dynamics of the industry based on bankruptcy data.
Outlook
The electric goods stores industry in Bamble shows strong growth in sales, but there are very few employees. This may indicate that the industry is in an early stage or that the businesses are small. For entrepreneurs, this may be an opportunity to establish themselves in the municipality, especially since there is no registered bankruptcy in the industry. It is, however, important to be aware that there are very few businesses in the industry, which may indicate a small market size.
Outlook for Agriculture
Comparison with Agriculture
| Year | Agriculture (Sales, NOK) | Electric Goods Stores (Sales, NOK) |
|---|---|---|
| 2016 | 31.0M | 0 |
| 2017 | 31.3M | 0 |
| 2018 | 52.9M | 1.2M |
| 2019 | 49.9M | 7.2M |
| 2020 | 52.9M | 11.7M |
Agriculture has a much larger market size than electric goods stores in Bamble. Sales in agriculture have been more stable over time, with a significant increase in 2018 and 2023. Electric goods stores have experienced more dramatic growth, especially from 2018 to 2019. This shows that agriculture is a more established industry in the municipality, while electric goods stores are in an early stage of development.
Other companies in landbruk (not in electric goods store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Elkjøp Bamble | electronics store | Langrønningen 8, 3967 Stathelle | NOK 120.7M | 21 | NOK 1.4M |
| Brilleland Avd 511 Stathelle | optical store | Gangveien 5, 3960 Stathelle | NOK 8.8M | 7 | NOK 640.9K |
| Interoptik Stathelle | optical store | Krabberødveien 8, 3960 Stathelle | NOK 8.7M | 7 | NOK 367.2K |
| Power Brotorvet | electronics store | Gangveien 5, 3960 Stathelle | NOK 0 | 13 | NOK 0 |
| Johnsen Elektro As | electronics store | c/o Rolf Egil Johnsen|Hans Petters vei 11, 3962 Stathelle | NOK 0 | 0 | NOK -16.0K |
| Skagerak It As | computer store | Krabberødkollen 3, 3960 Stathelle | NOK 5.8M | 3 | NOK -63.0K |
Conclusion
Electric goods stores in Bamble show strong sales growth, but there are very few businesses in the industry. This may be an opportunity for entrepreneurs who want to establish themselves in the municipality, especially since there is no registered bankruptcy in the industry. It is, however, important to be aware that there are very few businesses in the industry, which may indicate a small market size. SmartGrunder can help entrepreneurs find suitable addresses in the municipality for this industry.