The Electrical Equipment Trade in Tromsø: An Analysis of Companies, Statistics, and Outlooks

The electrical equipment trade in Tromsø is a small but stable industry with one registered company: Elektroimportøren Norge As Avd Tromsø. This single company has been present since 2016 and has shown a certain degree of organizational stability, with an AS structure. Although the number of employees has varied over time, the company has managed to remain operational without bankruptcy. However, there are clear challenges regarding profit margins and operating results, which should be considered by potential entrepreneurs considering establishing themselves in this industry.

Economic Trends

The electrical equipment trade in Tromsø has experienced a significant increase in sales from 2016 to 2021, with an increase of over 3000% from NOK 1.6 million to NOK 65.8 million. Sales then declined by 14.2% from 2021 to 2022. This pattern shows a clear fluctuation in the industry's economic dynamics.

Workforce Development

The number of employees has grown from 0 in 2016 to 16 in 2021, followed by a decline to 14 in 2026. This development shows a short-term but significant increase in workforce size, followed by stabilization.

Operating Results and Margins

The EBITDA margin stands at 2%, which is very low compared to the industry average. This suggests that operating costs or income levels may be a challenge for the company.

Registered Companies

There is one company registered in the industry in Tromsø: Elektroimportøren Norge As Avd Tromsø, with an address at Alkevegen 9A. This company has the following key figures:

• Organizational Form: AS
• Incorporation Year: 2016
• Number of Employees: 13
• Bankruptcies: Not registered
• Sales: NOK 52.7 million
• EBITDA: NOK 1.1 million
• Average Income per Employee: NOK 3.6 million

Organizational Form

All companies in the industry have an AS structure, which indicates a certain degree of organizational stability and formal requirements for operations.

Geographic Distribution

All activities in the industry are concentrated in Tromsø. There are no registered companies in other city districts or municipalities in the area. This shows that the industry is strongly localized in the municipality's center, with a focus on a single address in Tromsø.

There are no registered bankruptcies in the industry in Tromsø, which shows that the single company has managed to remain operational. This is a positive indicator of the industry's stability. However, there are clear challenges regarding operating results and margins, which could be a challenge for future entrepreneurs.

Development for Entrepreneurs

For entrepreneurs considering establishing themselves in the electrical equipment trade in Tromsø, the following points are important to note:

• Stable Market: There is one company in the industry, which may indicate a small but stable market.
• Low EBITDA Margin: The current company has a low EBITDA margin of 2%, which may be a challenge for future entrepreneurs.
• Competitiveness: There are no competitors in the industry, which may provide opportunities for market share.
• Operational Risk: Although there are no registered bankruptcies, it is important to carefully assess operating results and margins.

SmartGrunder can help entrepreneurs find suitable locations in Tromsø for this industry, with a focus on development opportunities and operational strategies.

Agriculture is a broader industry in Tromsø with 58 registered companies, compared to one in the electrical equipment trade. Economic trends show that agriculture has had more stable growth in sales and number of employees over time, with an increase of over 20% from 2020 to 2021. EBITDA margins in agriculture are also higher, indicating better operating results.

Peer Companies in Agriculture

Current peer companies in agriculture include:

These companies show a broader variation in size and operating results, which can provide entrepreneurs in the electrical equipment trade with a reference for possible strategies.

The electrical equipment trade in Tromsø is a small but stable industry with one company. Although there are challenges regarding operating results and margins, there are opportunities for entrepreneurs wishing to establish themselves in a lightly competitive market. Compared to agriculture, which has a larger number of companies and better operating results, the electrical equipment trade can be a specialized opportunity. SmartGrunder can help entrepreneurs find suitable locations and strategies to develop in this industry.