Industry · municipality
Electrical Goods Retail in Sogndal: Current Situation and Future Outlook
A detailed analysis of the industry, companies, and development in the municipality
Executive Summary
Electrical goods retail in Sogndal is a very small and static industry. Only one company is registered in the municipality, and activity has been minimal in recent years. The industry shows no growth in sales or number of employees, and the only business has negative economic results. This makes the industry unattractive for new investments or development in the near future. However, there may be opportunities for collaboration or specialization within related sectors such as agriculture, which has a more stable development in the municipality.
Economic Overview
Over the past years, sales and number of employees in electrical goods retail in Sogndal have been 0. There is no growth in the industry, and there is no activity in sales or employees throughout the entire period. The only business in the industry, Xs Invest As, has negative economic results, with an EBITDA of -38.0K and no employees. This indicates that the industry has not been operational or has been in a very unstable economic situation.
Companies in the Industry
There is one company registered in the electrical goods retail industry in Sogndal: Xs Invest As, with the address Kongabergvegen 15, Sogndal. The company has the following characteristics:
- Legal Form: AS
- Incorporation Date: 2018-10-10
- Number of Employees: 0
- Bankrupt: Not bankrupt
- Org.nr: NOK 921.6M
- Sales: NOK 0
- EBITDA: NOK -38.0K
- Total Current Assets: NOK 2.0M
- Total Debt: NOK 3.7M
The company has no employees and shows negative economic results, indicating an unstable or inactive business.
Business Geography
The only business in the industry, Xs Invest As, is located at Kongabergvegen 15, Sogndal. There are no other neighborhoods or locations in the municipality reporting activity within electrical goods retail. This indicates that the industry is highly location-bound and has not developed to be present in other parts of the municipality.
Business Dynamism
There is no bankruptcy-reported activity in the electrical goods retail industry in Sogndal. The only business, Xs Invest As, is not bankrupt but shows negative economic results. This indicates that the industry has not been operational or has been in an unstable economic situation. There is no growth in the number of companies or employees, showing that the industry has not been attractive for new investments or development.
Outlook for Entrepreneurs
For entrepreneurs considering starting a business within electrical goods retail in Sogndal, it is important to be aware of the challenges the industry faces. There is no growth in sales or number of employees, and the only business has negative economic results. This makes the industry unattractive for new investments or development in the near future. However, there may be opportunities for collaboration or specialization within related sectors such as agriculture, which has a more stable development in the municipality.
Outlook for Agriculture in Sogndal
When comparing the electrical goods retail industry with the broader agriculture sector in Sogndal, we see a clear difference in development and activity. Agriculture has a more stable development with growth in both sales and number of employees over time. For example, sales in agriculture in Sogndal have increased from NOK 63.5M in 2016 to NOK 93.4M in 2025, despite some declines in certain years. The number of employees in agriculture has also been more stable, with a maximum of 49 employees in 2018. This shows that agriculture is a more attractive sector for investments and development in the municipality compared to electrical goods retail.
Current companies in agriculture that are not in electrical goods retail include:
| Name | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|
| Sogn Synssenter As | Fjellvegen 4, 6856 Sogndal | NOK 9.9M | 4 | NOK 4.4M |
| Sogn Elektromarked As | Hovevegen 6, 6856 Sogndal | NOK 34.4M | 8 | NOK 1.9M |
| Elkjøp Stormarked Sogn As | Kloppavegen 1, 6854 Kaupanger | NOK 43.8M | 11 | NOK 1.8M |
These companies show a more stable economic development compared to electrical goods retail in Sogndal.
Other companies in landbruk (not in electric goods store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Sogn Synssenter As | optical store | Fjellvegen 4, 6856 Sogndal | NOK 9.9M | 4 | NOK 4.4M |
| Sogn Elektromarked As | electronics store | Hovevegen 6, 6856 Sogndal | NOK 34.4M | 8 | NOK 1.9M |
| Elkjøp Stormarked Sogn As | electronics store | Kloppavegen 1, 6854 Kaupanger | NOK 43.8M | 11 | NOK 1.8M |
| Ecom Norge As | computer store | Dalavegen 1, 6856 Sogndal | NOK 6.9M | 3 | NOK 645.0K |
| Optiker Kjell M Talleraas As Sogn | optical store | Fjørevegen 19, 6856 Sogndal | NOK 5.4M | 1 | NOK 355.0K |
| Erling Røysum As | computer store | Lundevegen 21, 6863 Leikanger | NOK 3.2M | 0 | NOK 144.0K |
| Kunstberg Maleri Ans | audio equipment / musical instruments store | 0, 6899 Balestrand | NOK 0 | 0 | NOK 0 |
| Lunden Data | computer store | Dalsvegen 20, 6863 Leikanger | NOK 0 | 0 | NOK 0 |
| Lunden Data | computer store | Dalsvegen 20, 6863 Leikanger | NOK 0 | 0 | NOK 0 |
| Offbeat Hauge | audio equipment / musical instruments store | Fjørevegen 8A, 6856 Sogndal | NOK 0 | 0 | NOK 0 |
| Zelda Holding As | computer store | c/o Ole-Marius Anhanger Solberg|Bryggjegota 12, 6856 Sogndal | NOK 0 | 0 | NOK 0 |
Conclusion
Electrical goods retail in Sogndal is a very small and static industry with no growth in sales or number of employees. The only business in the industry shows negative economic results, making the industry unattractive for new investments or development. However, there may be opportunities for collaboration or specialization within related sectors such as agriculture, which has a more stable development in the municipality. Entrepreneurs should consider exploring opportunities in agriculture or other sectors with more stable development in Sogndal.