Electrical Goods Retail in Stavanger

Electrical goods retail in Stavanger has shown clear growth in the number of employees and sales revenue in recent years. With two registered companies and an increase from 0 employees in 2020 to 14 employees in 2024, the industry shows potential for further development. Sales revenue has increased from 7.8 million NOK in 2021 to 52.2 million NOK in 2024, despite a slight decline in 2025. The industry also has a high gross profit (426%) and a stable EBITDA margin of 1%.

Economic Trends

• Sales Growth: Sales revenue increased by 56.1% from 2023 to 2024, but had a decline of 0.4% in 2025.
• Employee Growth: The number of employees increased by 55.6% from 2023 to 2024, and has remained stable at 14 employees since 2024.
• EBITDA: The EBITDA margin has been 1%, with an EBITDA of 1.9 million NOK in 2024.
• Gross Profit: The industry has a high gross profit of 426%, which shows efficiency in business operations.

Detailed Economic Data

Registered Companies

1. Elektroimportøren Norge As Avd Stavanger (Auglendsmyrå 13, Stavanger)

• Legal Form: AS
• Founded: 2021-05-01
• Number of Employees: 11
• Sales Revenue: 36.7 million NOK
• EBITDA: 783.4 thousand NOK
• Gross Profit: 398.7 million NOK

1. Thunheim Retail Transport (Langflåtveien 21, Stavanger)

• Legal Form: AS
• Founded: 2023-11-01
• Number of Employees: 4
• Sales Revenue: 69.7 million NOK
• EBITDA: 1.1 million NOK
• Gross Profit: 54.9 million NOK

Legal Form

• AS (Anonyme selskaper): 2 companies, 15 employees, 106.4 million NOK in sales revenue, 1.9 million NOK in EBITDA.

Geographic Distribution

• Stavanger: 1 activity, 2 companies, 15 employees, 106.4 million NOK in sales revenue, 1.9 million NOK in EBITDA.

The industry is concentrated in Stavanger, with no activity registered in other city districts in the municipality.

• Bankruptcies: No bankruptcies are registered for electrical goods retail in Stavanger.
• Sales Growth: A strong growth from 2021 to 2024, with a decline of 0.4% in 2025.
• Employee Growth: Stable growth from 2021 to 2024, with no change in 2025.

The industry has shown robust growth in recent years, but it is important to monitor sales development in 2025 to identify any potential challenges.

Development for Entrepreneurs

Electrical goods retail in Stavanger shows potential for further growth, especially with high gross profit and stable EBITDA margin. The two registered companies have shown good economic development, and it is possible to develop new business models in a market segment that has grown strongly in recent years. Entrepreneurs should consider utilizing the existing infrastructure and the positive economic trends in the industry.

Comparison with Agriculture

• Number of Companies: Agriculture has 73 companies, while electrical goods retail has 2 companies.
• Sales Revenue: Agriculture had 1.185 billion NOK in sales revenue in 2024, while electrical goods retail had 52.2 million NOK.
• Employees: Agriculture had 397 employees in 2024, while electrical goods retail had 14 employees.

Peer Companies in Agriculture

Agriculture has a much larger market share and more companies, but electrical goods retail has a higher gross profit and stable EBITDA margin.

Electrical goods retail in Stavanger shows clear growth in both the number of employees and sales revenue. With two companies and a high gross profit, the industry is attractive for entrepreneurs. It is important to monitor sales development and consider opportunities for expansion. SmartGrunder can help entrepreneurs find suitable locations in Stavanger for this industry.