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Industry · municipality

Electrical Goods Stores in Kristiansand

Published 23.09.2026

An analysis of the companies, statistics, and outlooks for entrepreneurs and local decision-makers in Kristiansand, Agder County, Norway.

Executive Summary

Electrical goods stores in Kristiansand form a small but dynamic sector with four registered companies. In 2023, the sector had a revenue of 59.3 million NOK and 15 employees. There is a clear variation in the development, with an increase of 73.7% from 2017 to 2018, but a decline of 33.3% from 2024 to 2025. The sector has a high gross profit (998%) and a low operating profit (1%). There are no bankruptcy registrations among the companies in the sector, which indicates a stable industry structure. SmartGrunder can help entrepreneurs find suitable locations in Kristiansand for this industry.

Economic Overview

Revenue and Employees:

YearRevenue (NOK)Employees
201621.0M11
201726.9M13
201846.7M14
201939.1M11
202055.7M14
202162.0M15
202260.1M18
202359.3M21
202459.2M17
202539.5M11

Key Figures:

  • Gross Profit: 998% (2023)
  • Operating Profit: 1% (2023)
  • EBITDA Margin: 2% (2023)
  • EBITDA per Employee: 75.6K NOK (2023)

Trend Analysis:

  • Revenue reached its highest level in 2021 (62.0M NOK), but has since fallen by 33.3% from 2024 to 2025.
  • The number of employees increased from 15 in 2021 to 21 in 2023, but fell back to 11 in 2025.
Sales over time — electric goods store — Kristiansand
Sales over time — electric goods store
Number of companies — electric goods store — Kristiansand
Number of companies — electric goods store
Employees over time — electric goods store — Kristiansand
Employees over time — electric goods store

Companies in the Industry

Registered Companies in Kristiansand:

CompanyAddressOrganizational FormEmployeesRevenue (NOK)EBITDA (NOK)
Elektroimportøren Norge As Avd KristiansandAvenyen 23AS1039.9M851.5K
Skousen KristiansandAvenyen 10AS500
Finne HandelKlipperveien 110AENK000
R W Holding AsØvre fergested 1AS00-60.0K

Organizational Form:

  • AS (Anonymous Limited Company): 2 companies, 15 employees, 39.9M NOK revenue, 851.5K NOK EBITDA.
  • ENK (Sole Proprietorship): 1 company, 0 employees, 0 NOK revenue, 0 NOK EBITDA.

Business Geography

Locations in Kristiansand with Activity in the Industry:

LocationNumber of CompaniesNumber of EmployeesRevenue (NOK)Sales (NOK)Wages (NOK)Operating Profit (NOK)EBITDA (NOK)Gross Margin (%)Operating Margin (%)
Kristiansand21539.9M39.9M4.3M465.2K851.5K9981

Geographic Focus:

  • All companies in the industry are registered in Kristiansand, with a focus on Avenyen and the surrounding area.
  • There is no spread to other districts or municipalities in the county of Agder.
Companies by place — electric goods store — Kristiansand
Companies by place — electric goods store

Business Dynamics

Bankruptcies and Financial Health:

  • No bankruptcy registrations among companies in the industry in Kristiansand.
  • Elektroimportøren Norge As has a high financial health with 851.5K NOK EBITDA and 39.9M NOK revenue.
  • Skousen Kristiansand and Finne Handel have no financial results, which suggests that they are either newly started or in a declining phase.
  • R W Holding As has a negative EBITDA of -60.0K NOK, which may indicate losses or low financial health.

Financial Key Figures:

  • Average EBITDA Margin: 2% (2023)
  • Average Operating Margin: 1% (2023)
  • Average Gross Margin: 998% (2023)

Outlook

Outlook for Entrepreneurs

Trend Analysis and Opportunities:

  • Revenue Increase: From 21.0M NOK in 2016 to 62.0M NOK in 2021, but a decline to 39.5M NOK in 2025.
  • Stable Number of Employees: 11-21 employees over time, with a decline in 2025.
  • High Gross Profit: 998% (2023), which suggests that the companies have high value on the products they sell.
  • Low Operating Profit: 1% (2023), which may indicate high operating costs or low efficiency.

Competitiveness:

  • Elektroimportøren Norge As is a dominant player with 39.9M NOK revenue and 851.5K NOK EBITDA.
  • Skousen Kristiansand and Finne Handel have no financial results, which may provide opportunities for new players.
  • R W Holding As has a negative EBITDA, which may be a challenge for competitors.

Recommendations for Entrepreneurs:

  • Focus on high-value products and efficient operations to achieve higher operating profit.
  • Develop unique offers or specialize in specific product categories to stand out from competitors.
  • Consider locating in areas with high customer traffic, such as Avenyen in Kristiansand.

Outlook for Agriculture

Contrast Between Agriculture and Electrical Goods Stores:

Agriculture:

  • Number of Companies: 97 (2026)
  • Revenue: 35.3M NOK (2026), a decline of 96.0% from 2025.
  • Number of Employees: 388 (2026), a decline of 1.0% from 2025.
  • Trend: Stable number of employees, but a significant decline in revenue in 2026.

Electrical Goods Stores:

  • Number of Companies: 4
  • Revenue: 39.5M NOK (2025), a decline of 33.3% from 2024.
  • Number of Employees: 11 (2025), a decline of 35.3% from 2024.
  • Trend: Greater variation in revenue and number of employees compared to agriculture.

Peer Companies in Agriculture:

CompanyAddressIndustryRevenue (NOK)EmployeesEBITDA (NOK)
Power Norge As Avd KristiansandBarstølveien 29Electronics Store166.5M374.0M
Elkjøp KristiansandAvenyen 14Electronics Store281.7M433.3M
Lauvland Øyeoptikk AsHenrik Wergelands gate 10Optician Store19.0M163.2M

Conclusion:

  • Agriculture has a much larger number of companies and higher revenue compared to electrical goods stores.
  • Electrical goods stores have a higher financial health, but fewer companies.
  • Entrepreneurs in electrical goods stores should consider developing unique offers to compete with the large companies in agriculture.
Sales in the parent industry — landbruk — Kristiansand
Sales in the parent industry — landbruk
Companies in the parent industry — landbruk — Kristiansand
Companies in the parent industry — landbruk
Employees in the parent industry — landbruk — Kristiansand
Employees in the parent industry — landbruk

Other companies in landbruk (not in electric goods store)

CompanyIndustryAddressSalesEmployeesEBITDA
Telia Norge As Telia Avd Sandnescomputer storeTollbodgata 14, 4611 KristiansandNOK 42.1M0NOK 16.9M
Power Norge As Avd Kristiansandelectronics storeBarstølveien 29, 4636 KristiansandNOK 166.5M37NOK 4.0M
Elkjøp Kristiansandelectronics storeAvenyen 14, 4636 KristiansandNOK 281.7M43NOK 3.3M
Lauvland Øyeoptikk Asoptical storeHenrik Wergelands gate 10, 4612 KristiansandNOK 19.0M16NOK 3.2M
Kristiansand Specsavers Asoptical storeMarkens gate 35, 4612 KristiansandNOK 20.3M13NOK 2.7M
Synsam Kristiansand Sørlandssenteretoptical storeBarstølveien 31, 4636 KristiansandNOK 10.4M11NOK 1.9M
Svend Tvedt Asoptical storeTollbodgata 8, 4611 KristiansandNOK 13.7M13NOK 1.7M
Synsam Kristiansandoptical storeGyldenløves gate 1A, 4611 KristiansandNOK 8.9M7NOK 1.7M
Erøy Optikk Asoptical storeRona 8, 4638 KristiansandNOK 5.2M4NOK 1.1M
Brilleland Avd 504 Sandens Kristiansandoptical storeTollbodgata 14, 4611 KristiansandNOK 13.7M11NOK 990.5K
Brilleland Avd 466 Sørlandssenteretoptical storeBarstølveien 35, 4636 KristiansandNOK 11.2M10NOK 815.7K
Alliance Optikk Borning Asoptical storeMarkens gate 48, 4612 KristiansandNOK 5.8M4NOK 813.0K
Søgne Detalj Aselectronics storeGamle Høgskolevei 18, 4640 SøgneNOK 28.7M11NOK 803.0K
Hifi Kristiansand Ascomputer storec/o Hallvard S. Nilsen|Huldertun 32, 4638 KristiansandNOK 8.5M0NOK 788.0K
Boots Apotek Kristiansandoptical storeTollbodgata 12, 4611 KristiansandNOK 40.0M17NOK 722.4K
Kjell & Co Norway No007 Sørlandssenteretelectronics storeBarstølveien 31, 4636 KristiansandNOK 14.6M6NOK 702.1K
Fundamentum Ascomputer storec/o Bitpro AS|Østre Strandgate 80, 4608 KristiansandNOK 1.5M6NOK 642.0K
Kjell & Co Norway No017 Sandenselectronics storeMarkens gate 10, 4611 KristiansandNOK 12.9M6NOK 619.5K
Hi Fi Klubben As Avd Kristiansandcomputer storeKirkegata 9, 4611 KristiansandNOK 12.7M9NOK 566.6K
Pm Audio Ascomputer storePrestbakken 26, 4645 NodelandNOK 2.9M1NOK 492.0K
Radio Tv Senteret Asphone storeLumberveien 29H, 4621 KristiansandNOK 2.0M1NOK 453.0K
Sørlandssenteret Specsavers Asoptical storeSørlandssenteret|Barstølveien 31-35, 4636 KristiansandNOK 15.3M11NOK 411.0K
Elkjøp Phonehouse Sørlandssenteretphone storeBarstølveien 31, 4636 KristiansandNOK 26.8M0NOK 315.6K
Tnb Vågsbygd Ascomputer storeKirsten Flagstads vei 32, 4621 KristiansandNOK 15.0M4NOK 285.0K
Id Musikk Asaudio equipment / musical instruments storeØsterveien 11, 4631 KristiansandNOK 9.1M5NOK 144.0K
Samtech Sør Asphone storec/oTelenorbutikken Sørlandssenteret|Barstølveien 31, 4636 KristiansandNOK 24.8M8NOK 141.0K
Teknikmagasinet Norway As Avd Sandens Kjøpesenterphone storeMarkens gate 10, 4611 KristiansandNOK 3.1M0NOK 78.9K
Hegne Asoptical storeTorvgada 8, 4640 SøgneNOK 117.0K0NOK 11.0K
Synsopplevelser Søgne Asoptical storeTorvgada 5, 4640 SøgneNOK 8.5M6NOK 9.0K
Resonans Lyd & Bilde Ascomputer storeYtre Åros 82, 4640 SøgneNOK 13.0K0NOK 1.0K
Artofy Asaudio equipment / musical instruments storeKremlestien 9B, 4635 KristiansandNOK 00NOK 0
Bettersleep Asoptical storeGyldenløves gate 32, 4614 KristiansandNOK 00NOK 0
Bettersleep Asoptical storeGyldenløves gate 32, 4614 KristiansandNOK 00NOK 0
Bormic Norway Borgelectronics storeHavreveien 94, 4635 KristiansandNOK 00NOK 0
Brillefin Asoptical storeTorvgada 18, 4640 SøgneNOK 02NOK 0
Briller Og Iris Asoptical storeTobienborgveien 13, 4631 KristiansandNOK 06NOK 0
Config System Ø Iversencomputer storeStrømmeveien 96, 4638 KristiansandNOK 00NOK 0
Doxa Sound Ascomputer storec/o Trond Seland|Bispegra 24, 4632 KristiansandNOK 00NOK 0
Duma Arvid Ruben Gabrielsenaudio equipment / musical instruments storeAsperøyveien 5, 4625 FlekkerøyNOK 00NOK 0
Edvardsen Kursaudio equipment / musical instruments storec/o Harald Edvardsen|Svarttjønnheia 180B, 4645 NodelandNOK 00NOK 0

Conclusion

Electrical goods stores in Kristiansand form a small but dynamic sector with four registered companies. The sector has a high gross profit, but a low operating profit. There are no bankruptcy registrations among the companies, which indicates a stable industry structure. Entrepreneurs should focus on high-value products and efficient operations to achieve higher operating profit. SmartGrunder can help entrepreneurs find suitable locations in Kristiansand for this industry.