Electrical Goods Retail in Bodø: Industry Analysis and Development Trends

Electrical goods retail in Bodø is a small but growing industry dominated by a single company, Elektroimportøren Norge As, which controls the market. The industry has shown strong economic growth since 2018, with increases in both sales and number of employees. The EBITDA margin is 2%, and the sector has no bankruptcies registered. Meanwhile, agriculture, as a broader industry, shows a more stable development with a higher number of companies but lower margins. SmartGrunder can help entrepreneurs find suitable locations in Bodø for this industry.

Electrical goods retail in Bodø has shown dynamic development since 2018. Sales increased by 130.2% from 2018 to 2019, reaching a peak of NOK 51.6 million in 2023 before a decline of 5.6% in 2025. The number of employees has increased from 0 in 2016 to 14 in 2026, with a strong increase of 16.7% from 2025 to 2026. The EBITDA margin is 2%, and the industry has a high gross margin of 832%. There are no bankruptcies registered in the industry, indicating stability.

There is one company registration in the industry in Bodø: Elektroimportøren Norge As Avd Bodø, with an address at Plassmyrveien 50. The company is an AS with 14 employees and has a high gross profit of NOK 398.7 million. EBITDA is NOK 1.0 million, and the company is not registered as bankrupt. The organizational form is AS, and the company was founded in 2018.

The industry is concentrated in Bodø, with one company registered in the municipality. The activity is focused on Plassmyrveien 50, and there are no sub-districts or districts within the municipality that have activity in the industry. This indicates that the industry is small and concentrated in a single location within the municipality.

The industry has shown stable growth since 2018, with no bankruptcies registered. The only company, Elektroimportøren Norge As, has been in operation since 2018 and has shown a gradual increase in the number of employees and sales. There are no registered bankruptcies in the industry, which indicates that the single company has been stable and has managed to handle market fluctuations.

For entrepreneurs in the industry in Bodø, there are both opportunities and challenges. The industry has shown strong growth in sales and number of employees since 2018, but there has been a decline in sales of 5.6% from 2024 to 2025. This may indicate that market conditions have changed, and it may be a challenge to maintain growth. At the same time, there is only one company in the industry, which may provide opportunities for competitive development if new companies wish to establish themselves.

Agriculture, as a broader industry, has a more stable development with 37 companies in the municipality. Sales have increased by 7.8% from 2024 to 2025, and the number of employees has varied with a decline of 1.0% from 2025 to 2026. Compared to electrical goods retail, agriculture has a lower EBITDA margin but a higher number of companies. Peer companies in agriculture include Elkjøp Bodø and Power Norge As Avd Bodo, which have higher sales but lower EBITDA margins compared to electrical goods retail.

Electrical goods retail in Bodø is a small but growing industry with potential for further development. The single company, Elektroimportøren Norge As, has shown stable growth and has no bankruptcies registered. At the same time, agriculture, as a broader industry, shows a more stable development with more companies. Entrepreneurs should consider the opportunities in the industry but also be aware of market fluctuations. SmartGrunder can help find suitable locations in Bodø for this industry.