Industry · municipality
Electrical Goods Retail in Lørenskog: Current Status and Future Outlook
Analysis of the industry, companies, statistics, and opportunities for entrepreneurs and local decision-makers in Lørenskog
Executive Summary
Electrical goods retail in Lørenskog has been a dynamic industry up until 2018, with significant growth in both sales and number of employees. However, a sharp decline in 2019 and 2020 has led to a drastic reduction in activity. This means the industry now faces major challenges, but also opportunities for reconstruction and innovation. At the same time, the comparison with the broader agriculture industry shows that Lørenskog has a more stable economic structure in other sectors.
Economic Overview
Sales and Employees
Electrical goods retail in Lørenskog experienced sales growth from 2016 to 2018, increasing from NOK 81.8 million to NOK 234.1 million. This was followed by a sharp decline in 2019 and 2020, where sales dropped to NOK 55.8 million and then to NOK 3.0 million. Similarly, the number of employees increased from 22 in 2016 to 53 in 2018, before being reduced to 3 in 2020. This drastic decline indicates major challenges for the industry in the Lørenskog area.
Companies in the Industry
No active companies in electrical goods retail in Lørenskog are currently registered. Historical data, however, shows that there has been activity in the industry, with companies that have operated in the municipality. This supports the fact that there has previously been a certain level of industrial activity, even though no current companies are registered in this sector.
Geographic Distribution
No data is available on the geographic distribution of electrical goods retail in Lørenskog. This means it is not possible to provide a detailed overview of where the activity has been focused within the municipality. This may be a limitation in understanding where the industry has been most active in the Lørenskog area.
Business Dynamics
No data is available on bankruptcy statistics or bankrupt companies in electrical goods retail in Lørenskog. This means it is not possible to provide a detailed overview of the dynamics of the industry. This may be a limitation in understanding where the industry has been most active in the Lørenskog area.
Outlook
The drastic decline in sales and number of employees in electrical goods retail in Lørenskog from 2018 to 2020 indicates that the industry has been affected by major challenges. This may be due to various factors such as market changes, bankruptcy, or changes in consumer preferences. For entrepreneurs considering starting a business in this industry, it may be important to carefully assess these challenges and look for opportunities for innovation and reconstruction.
Comparison with Agriculture
Agriculture is a broader industry in Lørenskog with 28 companies, showing a more stable industrial structure compared to electrical goods retail. Sales in agriculture have shown more variation, but with a stable trend over time. This can give entrepreneurs a better understanding of how agriculture has been a more stable sector in Lørenskog compared to electrical goods retail.
Other companies in landbruk (not in electric goods store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Telia Norge As Telia Avd Metro | phone store | Bibliotekgata 30, 1473 Lørenskog | NOK 42.1M | 6 | NOK 16.9M |
| Elkjøp Lørenskog | electronics store | Solheimveien 10, 1461 Lørenskog | NOK 643.8M | 100 | NOK 7.6M |
| Power Norge As Avd Lørenskog | electronics store | Solheimveien 6, 1461 Lørenskog | NOK 241.4M | 59 | NOK 5.8M |
| Ccc Nordic Avdeling Norge | electronics store | Solheimsveien 10, 1461 Lørenskog | NOK 442.6M | 93 | NOK 5.2M |
| Bikuben Hobby As | audio equipment / musical instruments store | Fjellhamarveien 46, 1472 | NOK 6.6M | 3 | NOK 1.8M |
| Lørenskog Bandasje As | optical store | Skårersletta 18, 1473 Lørenskog | NOK 27.3M | 9 | NOK 1.8M |
| Metro Skårer Specsavers As | optical store | Bibliotekgata 30, 1473 Lørenskog | NOK 14.7M | 8 | NOK 1.6M |
| Synsam Lørenskog Triaden | optical store | Gamleveien 88, 1461 Lørenskog | NOK 7.4M | 6 | NOK 1.4M |
| C Optikk Skårer As | optical store | Haneborgveien 103, 1463 Fjellhamar | NOK 5.9M | 4 | NOK 946.0K |
| Kjell & Co Norway No005 Triaden Storsenter | electronics store | Gamleveien 188, 1476 Rasta | NOK 15.4M | 6 | NOK 743.4K |
| Brilleland Avd 508 Lørenskog | optical store | Gamleveien 88, 1461 Lørenskog | NOK 8.8M | 7 | NOK 640.9K |
| Interoptik Skårer | optical store | Solheimsveien 83, 1473 Lørenskog | NOK 10.5M | 10 | NOK 440.6K |
| Elkjøp Outlet Operations | electronics store | Solheimveien 3, 1461 Lørenskog | NOK 26.8M | 5 | NOK 315.6K |
| Elkjøp Phonehouse Triaden | phone store | Gamleveien 88, 1461 Lørenskog | NOK 13.4M | 5 | NOK 157.8K |
| First Elektro As | computer store | Hans Nielsen Hauges vei 50, 1463 Fjellhamar | NOK 101.0K | 0 | NOK 5.0K |
| Basit Trade Analyses | computer store | Søster Mathildes gate 6A, 1461 Lørenskog | NOK 0 | 0 | NOK 0 |
| Creative Ideas Alexander Dreyer Johnsen | optical store | Glenneveien 30A, 1476 Rasta | NOK 0 | 0 | NOK 0 |
| Data Expert Alyass | computer store | Guldalsgata 61A, 1467 Strømmen | NOK 0 | 0 | NOK 0 |
| Data Expert Alyass | computer store | Guldalsgata 61A, 1467 Strømmen | NOK 0 | 0 | NOK 0 |
| Hc Netthandel As | electronics store | Skårerlia 18, 1473 Lørenskog | NOK 0 | 0 | NOK 0 |
| Johs Olsen As Avd Lørenskog Medisinsk Materiell | optical store | Solheimveien 2, 1461 Lørenskog | NOK 0 | 0 | NOK 0 |
| Oslo Rugs By Sandtorv | audio equipment / musical instruments store | Søster Mathildes gate 48, 1473 Lørenskog | NOK 0 | 0 | NOK 0 |
| Power Norge As Avd Netthandel | electronics store | Solheimveien 6, 1461 Lørenskog | NOK 0 | 0 | NOK 0 |
| Power Services As | electronics store | Solheimveien 6, 1461 Lørenskog | NOK 0 | 0 | NOK 0 |
| Tacmed Norge Erik Bjørnstad | optical store | c/o Erik Bjørnstad|Gamleveien 91, 1475 Finstadjordet | NOK 0 | 0 | NOK 0 |
| Telia Norge As Avd Telia Triaden | phone store | Gamleveien 88, 1461 Lørenskog | NOK 0 | 6 | NOK 0 |
| Nordic Popcorn As | electronics store | c/o Kjell Inge Jegerud|Lerkeveien 15, 1476 Rasta | NOK 0 | 0 | NOK -2.0K |
| Telekiosken Metro As | computer store | Bibliotekgata 30, 1473 Lørenskog | NOK 11.5M | 0 | NOK -376.0K |
Conclusion
Electrical goods retail in Lørenskog has been an industry with significant growth up until 2018, but has since been affected by major declines. This means the industry now faces challenges, but also opportunities for reconstruction and innovation. At the same time, the comparison with agriculture shows that Lørenskog has a more stable economic structure in other sectors. SmartGrunder can help entrepreneurs explore addresses in Lørenskog for this industry where it is natural.