Electrical Goods Retail in Namsos: Current Status and Future Prospects

Electrical goods retail in Namsos is a small but well-defined sector with a single business: Husqvarnabutikken Namsos As. This business operates with 7 employees and has an annual revenue of approximately 5 million NOK. Although the sector has been marked by variations in sales and employees over time, data shows there is a stable organizational structure (AS) and no bankrupt business. This analysis provides an overview of economic trends, business geography, and future perspectives for this industry in the municipality.

Economic trends

Sales and employees have been marked by variations over the past few years. Sales experienced a significant decline of -6% in 2025 compared to 2024, while employees have shown a decline from 12 in 2019 to 7 in 2025. There is, however, a slight increase in 2024 compared to 2023. The EBITDA margin is at 3%, which indicates moderate profitability.

Table: Sales and employees over time

Key economic figures

• Average income per employee: 716,700 NOK
• Average EBITDA per employee: 27,000 NOK
• Gross profit: 45% of sales
• Operating profit: 3% of sales

Businesses in the industry

There is 1 registered business in the industry in Namsos: Husqvarnabutikken Namsos As, which is an AS with 7 employees. The business has an organizational structure typical of small and medium-sized companies in Norway. There are no reported bankruptcies in the industry in the municipality.

Table: Businesses in the industry

Geographic distribution

The single business in the industry is located in Namsos. There is no further subdivision of activity in other districts or cities in the municipality.

Table: Geographic distribution

Dynamics and risk

The industry has been relatively stable with no reported bankrupt businesses. However, there is a clear decline in employees and sales over the past five years. At the same time, data shows that adjacent businesses in agriculture (the parent category) have greater variations in EBITDA, with some businesses having negative values. This indicates that the industry has a different risk profile compared to neighboring sectors.

Future perspectives for electrical goods retail

In recent years, the industry has been marked by a decline in both sales and employees, with a significant reduction of -6% in 2025. This may be due to economic pressure from competitors or changes in consumer behavior. Although there was a slight increase in 2024, there is still a decline compared to 2019. For entrepreneurs, this may indicate a niche market with potential for specialization, but also high competitiveness. It is important to consider local conditions and collaborate with existing businesses such as Husqvarnabutikken to utilize existing infrastructure.

Agriculture is a broader category with 16 businesses in Namsos, compared to 1 in electrical goods retail. Sales in agriculture had a strong increase of +11.4% in 2020, but a sharp decline of -36.7% in 2025. Employees have been more stable, with a decline of -12.4% in 2022. Peer businesses in agriculture include computer stores, opticians, and electronics stores, with EBITDA ranging from NOK -13K to NOK 77.8M. This shows that agriculture has a more diversified structure, while electrical goods retail is a small, specialized sector with less variation in scale.

Electrical goods retail in Namsos is a small but well-defined sector with a single business. Although there has been a decline in sales and employees over time, there is a stable organizational structure and no reported bankrupt business. For entrepreneurs, this could be an opportunity to establish themselves in a niche market, but it is important to consider local conditions and collaborate with existing businesses. SmartGrunder can help find suitable addresses and develop strategies to leverage the potential in the municipality.