Industry · municipality
Electrical Retail in Sunnfjord
Analysis of the industry, companies, and opportunities for entrepreneurs and local decision-makers
Executive Summary
Electrical retail in Sunnfjord has been a very dynamic industry in the last ten years, but with a dramatic decline since 2019. In 2020, both sales and the number of employees in the industry were set to zero, indicating a serious crisis status. At the same time, data on the broader agricultural industry in the municipality shows a more stable development, with increasing sales and employees. This article series provides a detailed overview of companies, statistics, and prospects for this industry in Sunnfjord.
Economic Overview
Sales and Employees
Electrical retail in Sunnfjord has experienced a sharp decline in both sales and the number of employees since 2016. Sales figures have fallen from NOK 38.0 million in 2016 to zero in 2020 and onwards. Similarly, the number of employees has decreased from 20 in 2016 to 2 in 2019 and then to zero in 2020. The annual decline has been significant, with a 100% drop from 2019 to 2020. This indicates a serious crisis status for the industry in the municipality.
Economic Context
This decline is largely parallel to a general decline in the consumer sector in Vestland, but especially dramatic for electrical retail. No companies in the industry in Sunnfjord have been registered after 2020, indicating that all businesses have ceased operations or moved out of the municipality.
Companies in the Industry
No companies in the electrical retail industry in Sunnfjord have been registered after 2020. No business structures for companies in the industry in the municipality have been registered, indicating that all businesses have ceased operations or moved out of the municipality. This is a clear indication that the industry is no longer active in Sunnfjord.
Business Structures
No business structures for companies in the industry in Sunnfjord have been registered. This may be due to all companies having ceased operations or moved out of the municipality.
Geographic Distribution
No geographic distribution of businesses in the electrical retail industry in Sunnfjord has been registered. This may be due to all companies having ceased operations or moved out of the municipality. No specific cities or locations in the municipality where businesses in the industry have been registered have been recorded.
Business Dynamics
No bankruptcy statistics for companies in the electrical retail industry in Sunnfjord have been registered. This may be due to all companies having ceased operations or moved out of the municipality. No bankrupt companies in the industry in the municipality have been registered. This indicates that the industry is no longer active in Sunnfjord.
Outlook
Prospects for Entrepreneurs
For entrepreneurs considering starting a business in the electrical retail industry in Sunnfjord, the prospects are very challenging. Data shows that the industry has been in a serious decline since 2016, with a total decline in sales and the number of employees to zero in 2020. This indicates that there is no active market for electrical retail in the municipality. Entrepreneurs should therefore consider whether it is possible to establish a new business in the industry, or whether it would be better to focus on other sectors in the municipality.
Outlook for Agriculture
The broader agricultural industry in Sunnfjord shows a more stable development compared to electrical retail. Sales figures for agriculture have increased from NOK 134.6 million in 2016 to NOK 244.0 million in 2024, with an average annual increase of about 15%. The number of employees in agriculture has also increased from 83 in 2016 to 125 in 2023, followed by a mild decline in 2025. This shows that agriculture is a more stable and growth-oriented industry in the municipality compared to electrical retail.
Peer Companies in Agriculture
Below is an overview of some of the key companies in agriculture in Sunnfjord, compared to electrical retail:
| Name | Address | Sales (NOK) | Employees | EBITDA (NOK) |
|---|---|---|---|---|
| Elkjøp Fjordane As Avd Førde | Kronborgvegen 38, 6813 Førde | 129.1M | 37 | 3.0M |
| Fire Auge As | Storemyrvegen 54, 6819 Førde | 23.6M | 14 | 4.1M |
| Førde Optikk As | Storehagen 7, 6800 Førde | 7.0M | 3 | 1.7M |
| Tnb Førde As | Fjellvegen 11, 6800 Førde | 14.5M | 6 | 0.878M |
These companies show that agriculture in Sunnfjord has a wide range of businesses with higher sales and EBITDA compared to electrical retail. This indicates that agriculture is a more attractive industry for entrepreneurs in the municipality.
Other companies in landbruk (not in electric goods store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Fire Auge As | optical store | Storemyrvegen 54, 6819 Førde | NOK 23.6M | 14 | NOK 4.1M |
| Elkjøp Fjordane As Avd Førde | electronics store | Kronborgvegen 38, 6813 Førde | NOK 129.1M | 37 | NOK 3.0M |
| Førde Optikk As | optical store | Storehagen 7, 6800 Førde | NOK 7.0M | 3 | NOK 1.7M |
| Førde Medikal As | optical store | Fjellvegen 11, 6800 Førde | NOK 22.2M | 5 | NOK 1.4M |
| Tnb Førde As | computer store | Elvetorget|Naustdalsvegen 1B, 6800 Førde | NOK 14.5M | 6 | NOK 878.0K |
| Brilleland Avd 507 Førde | optical store | Naustdalsvegen 4, 6800 Førde | NOK 7.2M | 8 | NOK 524.4K |
| Elkjøp Fjordane As Avd Førde | electronics store | Storehagen 9, 6800 Førde | NOK 7.3M | 2 | NOK 170.5K |
| Brunsj & Briller As | optical store | Ospene 7, 6843 Skei I Jølster | NOK 2.4M | 12 | NOK 68.0K |
| 3 B Sogn Og Fjordane Da | computer store | Storehagen 7, 6800 Førde | NOK 0 | 0 | NOK 0 |
| Baindero As | phone store | c/o Bård Nordal Inderøy|Presteholten 12B, 6810 Førde | NOK 0 | 0 | NOK 0 |
| Førde Lydsenter Oddmar Varpe | electronics store | Naustdalsveien, 6800 Førde | NOK 0 | 0 | NOK 0 |
| Galleri Odd Anders Grimsbø | audio equipment / musical instruments store | Sjøaholegata 7, 6800 Førde | NOK 0 | 0 | NOK 0 |
| Hjelle Tv Service | computer store | Sagevegen 1, 6847 Vassenden | NOK 0 | 0 | NOK 0 |
| Vassenden Vinyl & Consulting As | audio equipment / musical instruments store | Årsetbakkane 53, 6847 Vassenden | NOK 0 | 0 | NOK 0 |
| Haugland Holding As | audio equipment / musical instruments store | Nikolai Astrups veg 221, 6847 Vassenden | NOK 0 | 0 | NOK -25.0K |
| Alliance Optikk Sunnfjord As | optical store | Hafstadvegen 44, 6800 Førde | NOK 2.2M | 2 | NOK -84.0K |
| Td Førde As | phone store | Langebruvegen 2, 6800 Førde | NOK 5.1M | 5 | NOK -116.0K |
| Sunnfjord Elektromarked As Avd Førde | electronics store | Naustdalsvegen 1B, 6800 Førde | NOK 32.7M | 19 | NOK -364.1K |
Conclusion
Electrical retail in Sunnfjord has been an industry in serious decline since 2016, with a total decline in sales and the number of employees to zero in 2020. No companies in the industry in the municipality have been registered after 2020, indicating that the industry is no longer active in Sunnfjord. At the same time, data on the broader agricultural industry in the municipality shows a more stable development, with increasing sales and employees. This indicates that agriculture is a more attractive industry for entrepreneurs in the municipality. SmartGrunder can help entrepreneurs find suitable addresses in Sunnfjord for new businesses, especially in sectors with better prospects.