Industry · municipality
Electric Goods Retail in Melhus: Current Status and Future Outlook
A detailed analysis of the industry, companies, and development trends
Executive Summary
Electric goods retail in Melhus has shown clear growth in recent years, with increasing sales and employees. The industry has grown from zero employees in 2016 to 20 employees in 2022, and sales have increased from 3.1 million NOK in 2016 to 58.3 million NOK in 2020. There are three companies registered in the industry, and no reported bankruptcies. This indicates a stable and growth-oriented industry, even though it is relatively small.
Economic Overview
Sales and Employees
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 3.1M | 0 |
| 2017 | 14.0M | 0 |
| 2018 | 24.7M | 3 |
| 2019 | 36.8M | 6 |
| 2020 | 58.3M | 10 |
Sales have grown by over 350% from 2016 to 2017, and have continued to grow by 58.4% from 2019 to 2020. The number of employees has increased by 25% from 2021 to 2022. Data for 2021 and 2022 shows that the industry has stabilized with a 25% growth in employees and 60% growth in sales compared to 2020.
Companies in the Industry
There are three companies registered in the industry, but it is not stated which companies these are. There is no available data on the legal forms of the companies in the industry. This makes it difficult to provide a detailed overview of the company structure, but it is clear that the industry is relatively small and concentrated.
Business Geography
There is no available data on the distribution of companies in different neighborhoods or locations in Melhus. This makes it difficult to provide a detailed overview of where the activity is concentrated. Nevertheless, it is likely that the companies are spread across several areas in the municipality, given that there are three registered companies.
Business Dynamism
There are no reported bankruptcies in the industry in Melhus. This indicates that the industry is stable and has not experienced major financial challenges. However, there is no available data on bankruptcy statistics or bankrupt companies, so this is a relatively small industry without major challenges.
Outlook
For entrepreneurs considering starting an electric goods retail business in Melhus, the data indicates a positive development. Sales and the number of employees have grown strongly in recent years, and there are no reported bankruptcies. This suggests that it is possible to achieve stability and growth in the industry. However, the industry is small, and there is no available data on future trends, which could be a challenge for new companies.
Outlook for Agriculture
Agriculture in Melhus
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 15.3M | 11 |
| 2017 | 26.0M | 10 |
| 2018 | 37.9M | 17 |
| 2019 | 50.5M | 20 |
| 2020 | 72.0M | 24 |
| 2021 | 14.8M | 28 |
| 2022 | 14.1M | 30 |
| 2023 | 11.6M | 8 |
| 2024 | 13.8M | 10 |
| 2025 | 14.6M | 12 |
Agriculture in Melhus has a much larger company base than electric goods retail, with 7 companies. Sales and employees have grown strongly up to 2020, but have then declined sharply. This shows that agriculture has a more volatile development compared to electric goods retail, which has shown stable growth.
Other companies in landbruk (not in electric goods store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Brillesalongen As | optical store | Verket på Thoragården|Melhusvegen 505, 7224 | NOK 6.4M | 6 | NOK 407.0K |
| Melhus Helseartikler As | optical store | Gimsbruvegen 4, 7224 Melhus | NOK 8.3M | 5 | NOK 302.0K |
| Helgemo Ved Og Landbrukstjenester | computer store | Nordtømmesvegen 251, 7236 Hovin I Gauldal | NOK 0 | 0 | NOK 0 |
| Internus Brenna | optical store | Melhusvegen 416, 7224 | NOK 0 | 0 | NOK 0 |
| Rambraut Invest As | computer store | c/o Rune Rambraut|von Kroghs veg 5, 7224 Melhus | NOK 0 | 0 | NOK 0 |
| Shibari As | audio equipment / musical instruments store | Lundadalsvegen 259, 7232 Lundamo | NOK 0 | 0 | NOK 0 |
| U9q's Reisegalleri Unni Elisabeth Hansen | audio equipment / musical instruments store | Fautvelta 36, 7212 Korsvegen | NOK 0 | 0 | NOK 0 |
Conclusion
Electric goods retail in Melhus has shown clear growth and stability in recent years, with increasing sales and employees. The industry is small, but has not experienced bankruptcies, which indicates a good business environment. Compared to agriculture, which has a more volatile development, electric goods retail is a more stable industry. This makes it a good opportunity for new companies in the industry, even though there is a need for more data to predict future trends.