Electric goods retail in Rana: Current status and future outlook

Electric goods retail in Rana holds a unique position as a relatively new and specialized sector in the municipality. With one registered company in 2026, Power Norge As, operating from Mo I Rana, the industry shows potential for growth. This single company has achieved significant employee growth (from 0 to 10 within two years) and a substantial sales increase (from 0 to 19 million NOK in 2025). This indicates positive development, although data is limited due to the industry's early stage. At the same time, the comparison with the broader agricultural sector suggests that electric goods retail may have a different dynamic in Rana, a factor that should be considered in future investment decisions.

Economic trends

Electric goods retail in Rana has shown a dramatic increase in sales and employees in recent years. According to 2025 data, sales have increased from 0 to 19 million NOK, representing a 100% increase (assumed based on zero values in earlier years). The number of employees has increased by 150% from 2025 to 2026, from 4 to 10 employees. This demonstrates strong growth in the industry, although data from earlier years is limited. No bankruptcies have been registered in the industry, indicating a stable situation for the single company in the municipality.

Registered companies

There is one company registered in the industry in Rana: Power Norge As, operating from Terminalveien 5 in Mo I Rana. The company is organized as an AS (limited liability company) and has the following key figures:

• Number of employees: 11
• Sales: 16.6 million NOK
• EBITDA: 398,200 NOK
• Profit margin: 10,176% (higher than the average for many sectors)
• Bankruptcy status: Not bankrupt

The company also has a high revenue per employee (4.2 million NOK) and an operating profit margin of 1%, indicating efficient operations.

Geographic distribution

Electric goods retail in Rana is concentrated in Mo I Rana, where one company is registered. This single company has the following key figures:

• Number of employees: 11
• Operating revenue: 16.7 million NOK
• Sales: 16.6 million NOK
• Operating profit: 320,700 NOK
• EBITDA: 398,200 NOK
• Profit margin: 10,176%

Mo I Rana is therefore an important geographic hub for the industry in the municipality, and it may be beneficial to consider the area's infrastructure and population size in future investment decisions.

There are no registered bankruptcies in the industry in Rana, indicating a stable situation for the single company. This is, however, a limited dataset, and it may be necessary to consider future risk factors, such as economic downturns or competition from other sectors. No changes in the number of companies in the industry over time have been registered, which may indicate a stable, but not growth-oriented, sector.

Future outlook

Electric goods retail in Rana shows potential for growth, especially with the strong increase in sales and employees in recent years. With one company in the municipality and a high profit margin (10,176%), the industry could be an attractive sector for investments. Rana has a population of over 20,000, and it may be possible to develop more stores in the future, especially with increasing focus on electronics and energy. SmartGrunder can help entrepreneurs find suitable locations and assess potential development opportunities in the municipality.

The broader agricultural sector in Rana has a completely different dynamic compared to electric goods retail. While agriculture has 18 companies in the municipality, electric goods retail has only one. Sales in agriculture have shown a decline of 90.8% from 2025 to 2026, while electric goods retail has increased from 0 to 19 million NOK in the same period. The number of employees in agriculture has also shown a decline of 23.2% in the same period, while electric goods retail has increased by 150%. This shows that agriculture is a more unstable sector, while electric goods retail has shown positive development in recent years.

Electric goods retail in Rana shows potential for growth, especially with the strong increase in sales and employees in recent years. With one company in the municipality and a high profit margin, the industry could be an attractive sector for investments. Rana has a population of over 20,000, and it may be possible to develop more stores in the future, especially with increasing focus on electronics and energy. SmartGrunder can help entrepreneurs find suitable locations and assess potential development opportunities in the municipality.