Industry · municipality
Electrical Goods Retail in Kongsberg: Industry Analysis and Outlooks
A detailed overview of the industry, companies, and development in the municipality.
Executive Summary
Electrical goods retail in Kongsberg has been a weak-performing industry in recent years, with declines in sales value and number of employees. The industry activity has been marked by a sharp decline in 2020, due to the pandemic, but there are no registered bankruptcies in the industry. This indicates that the businesses have been able to survive, even though they have been affected by external factors. The industry sector is relatively small, with only one registered business in 2020, and there has been a clear decline in the number of employees and sales over time. This can be a challenge for new players, but it can also create opportunities for innovation and marketing in a competitive manner.
Economic Overview
Sales Development
Sales for electrical goods retail in Kongsberg have shown a decline over time, with a sharp reduction of 33.8% in 2020 compared to 2019. The highest sales value was recorded in 2016 with NOK 64.7 million, and there has been a gradual decline since then, with a short increase in 2019 before the pandemic.
Number of Employees
The number of employees has also shown a decline, with a sharp reduction of 39.1% in 2020 compared to 2019. The highest number of employees was recorded in 2016 with 29 employees, and there has been a gradual decline since then, with a short increase in 2017 before the decline continued.
Overall Overview
The industry sector has been marked by a sharp decline in both sales and number of employees, especially in 2020. This can be a consequence of the pandemic and the economic challenges it has brought. However, there are no registered bankruptcies in the industry, which indicates that the businesses have been able to survive.
Companies in the Industry
Registered Companies
There is only one registered business in the industry in Kongsberg, namely Elkjøp Kongsberg. This indicates that the industry is relatively small and concentrated in a single business.
Organizational Forms
No organizational forms for the businesses in the industry are registered, which may indicate that there is a single business operating as a sole proprietor or a small company.
Conclusion
The industry sector is relatively small, with only one registered business. This can be a challenge for new players, but it can also create opportunities for innovation and marketing in a competitive manner.
Business Geography
Geographic Distribution
No detailed geographic distribution of the businesses in the industry in Kongsberg is registered. However, it is registered that Elkjøp Kongsberg is based in Kongsberg, which indicates that the business operates within the municipality.
Conclusion
The industry sector is relatively small, and no detailed geographic distribution of the businesses is registered. This can be a challenge for new players, but it can also create opportunities for innovation and marketing in a competitive manner.
Business Dynamics
Bankruptcy Statistics
No bankruptcies in the industry in Kongsberg are registered, which indicates that the businesses have been able to survive, even though they have been affected by external factors.
Industry Dynamics
The industry sector has been marked by a sharp decline in both sales and number of employees, especially in 2020. This can be a consequence of the pandemic and the economic challenges it has brought. However, there are no registered bankruptcies in the industry, which indicates that the businesses have been able to survive.
Conclusion
The industry sector has been marked by a sharp decline in both sales and number of employees, especially in 2020. This can be a consequence of the pandemic and the economic challenges it has brought. However, there are no registered bankruptcies in the industry, which indicates that the businesses have been able to survive.
Outlooks
Outlooks for New Entrants
For new entrants in the industry in Kongsberg, there can be challenges, especially in light of the sharp decline in both sales and number of employees in recent years. However, there are no registered bankruptcies in the industry, which indicates that the businesses have been able to survive, even though they have been affected by external factors.
Opportunities
The industry sector is relatively small, with only one registered business. This can be an opportunity for new entrants who wish to establish themselves in a competitive manner. There can also be opportunities for innovation and marketing in a competitive manner.
Conclusion
For new entrants in the industry in Kongsberg, there can be challenges, especially in light of the sharp decline in both sales and number of employees in recent years. However, there are no registered bankruptcies in the industry, which indicates that the businesses have been able to survive, even though they have been affected by external factors.
Outlooks for Agriculture
Comparison with Agriculture
The industry sector agriculture in Kongsberg has a much larger business activity than electrical goods retail, with 22 companies in agriculture compared to 0 companies in electrical goods retail. This indicates that agriculture is a much larger and more stable industry in the municipality.
Sales Development
Sales for agriculture in Kongsberg have shown a more stable development, with a sharp increase in 2017 and 2018, followed by a decline in 2019 and 2020. However, there is a gradual increase in sales after 2020, which indicates that agriculture has been able to survive and adapt to the economic challenges.
Number of Employees
The number of employees in agriculture has been more stable than in electrical goods retail, with a gradual decline over time, but no sharp declines as in electrical goods retail.
Conclusion
The industry sector agriculture in Kongsberg has a much larger business activity than electrical goods retail, with a more stable development in both sales and number of employees. This indicates that agriculture is a much more stable industry in the municipality, compared to electrical goods retail.
Other companies in landbruk (not in electric goods store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Synsam Kongsberg | optical store | Storgata 8, 3611 Kongsberg | NOK 14.9M | 8 | NOK 2.8M |
| Tnb Kongsberg As | computer store | Storgata 28, 3611 Kongsberg | NOK 19.2M | 6 | NOK 1.3M |
| Aa Optikk As | optical store | Skolegata 2, 3611 Kongsberg | NOK 8.0M | 7 | NOK 1.3M |
| Elkjøp Kongsberg | electronics store | Sølvparken|Gomsrudveien 1, 3612 Kongsberg | NOK 107.3M | 24 | NOK 1.3M |
| Spiten Synssenter As | optical store | Storgata 20, 3611 Kongsberg | NOK 7.2M | 7 | NOK 789.0K |
| Brilleland Avd 448 Kongsberg | optical store | Karsches gate 3, 3611 Kongsberg | NOK 8.0M | 6 | NOK 582.6K |
| Interoptik Nøkleby Og Øygarden | optical store | Skolegata 7, 3611 Kongsberg | NOK 10.3M | 7 | NOK 431.4K |
| C Optikk Hvittingfoss As | optical store | Sentrumsveien 28, 3647 Hvittingfoss | NOK 4.0M | 5 | NOK 209.0K |
| A & M Vacuum Tubes Hans Christoffer Kise | computer store | Cort Adelers gate 5, 3612 Kongsberg | NOK 0 | 0 | NOK 0 |
| Alliance Optikk Optiker Hogstad As | optical store | Christian IV. des gate 10, 3616 Kongsberg | NOK 0 | 7 | NOK 0 |
| Andreas Barsnes Consulting | audio equipment / musical instruments store | Hornsruds vei 9, 3612 Kongsberg | NOK 0 | 0 | NOK 0 |
| Drammen Papir Engros As Avd Medi Buskerud Kongsberg | optical store | Kirkegata 9, 3616 Kongsberg | NOK 0 | 7 | NOK 0 |
| Hagenmarketing As | computer store | Musikkløkka 12, 3612 Kongsberg | NOK 0 | 0 | NOK 0 |
| Hagenmarketing As | phone store | Musikkløkka 12, 3612 Kongsberg | NOK 0 | 0 | NOK 0 |
| Luca & Luce As | optical store | c/o Jonathan Slettevold Bjørshol|Bussedalen 2F, 3616 Kongsberg | NOK 0 | 0 | NOK 0 |
| Løfi Ans | computer store | Rogstadbakken 10, 3616 Kongsberg | NOK 0 | 0 | NOK 0 |
| Power Norge As Avd Kongsberg | electronics store | Schwabes gate 5, 3611 Kongsberg | NOK 0 | 25 | NOK 0 |
| Saga Collect As | audio equipment / musical instruments store | Zienersvingen 15, 3610 Kongsberg | NOK 0 | 0 | NOK 0 |
| Synsam Kongsberg Stortorvet | optical store | Karsches gate 3, 3611 Kongsberg | NOK 0 | 1 | NOK 0 |
| Etnisk Musikklubb As | audio equipment / musical instruments store | Masovngata 18, 3616 Kongsberg | NOK 101.0K | 2 | NOK -30.0K |
| Vig As | optical store | Storgata 8, 3611 Kongsberg | NOK 0 | 0 | NOK -54.0K |
| Radio Og Tv Hjørnet As | computer store | Karjolveien 15, 3612 Kongsberg | NOK 0 | 0 | NOK -157.0K |
Conclusion
Electrical goods retail in Kongsberg has been a weak-performing industry in recent years, with declines in sales value and number of employees. The industry activity has been marked by a sharp decline in 2020, due to the pandemic, but there are no registered bankruptcies in the industry. This indicates that the businesses have been able to survive, even though they have been affected by external factors. The industry sector is relatively small, with only one registered business in 2020, and there has been a clear decline in the number of employees and sales over time. This can be a challenge for new players, but it can also create opportunities for innovation and marketing in a competitive manner. SmartGrunder can help entrepreneurs explore addresses in Kongsberg for this industry where it is natural (especially outlook).