The Electrical Goods Sector in Trondheim: Current Status, Development, and Future

The electrical goods sector in Trondheim has proven to be a stable and growth-oriented industry over the past few years. With four registered companies in the municipality, including two ASs and two ENKs, the industry is represented by both established businesses and new players. The most significant companies are Elektroimportøren Norge As, which has branches in both Tiller and Trondheim, as well as Blackmeno As and Mahmoud Beka, which are newer companies with limited operational results. The industry has experienced significant growth in sales and number of employees from 2016 to 2021, although there was a short period of decline in 2022–2023. This dynamic shows a certain degree of vulnerability, but also potential for future growth.

Sales and Employees:

• Sales: The industry has experienced extreme growth from 2016 (NOK 3.3 million) to 2017 (NOK 36.7 million), with an annual growth rate of 1003.9%. This growth has continued, although there was a decline of 7.7% in 2021–2022. In 2025, the industry had a sales volume of NOK 159.4 million.
• Employees: The number of employees has varied between 0 and 44 over the years, with a peak of 44 employees in 2023. There was a decline of 15.9% from 2023 to 2024, but an increase of 16.2% from 2024 to 2025.

Key Figures:

• Average EBITDA margin: The industry has an average EBITDA margin of 2%, indicating a moderate profit margin.
• Average sales per employee: In 2025, this was approximately NOK 3.6 million per employee, indicating high productivity.

Conclusion: The industry has proven to be resilient with high growth in sales and employees over the past few years, despite a short period of decline. This indicates a stable market position, but also a need to address vulnerabilities in the future.

The following companies are registered in the electrical goods industry in Trondheim:

1. Elektroimportøren Norge As Avd Tiller (Ivar Lykkes veg 4, Tiller)

• Organizational form: AS
• Founded: 2019-08-01
• Number of employees: 21
• Sales: NOK 95.8 million
• EBITDA: NOK 2.0 million

1. Elektroimportøren Norge As Avd Lade (Haakon VII's gate 8A, Trondheim)

• Organizational form: AS
• Founded: 2016-01-01
• Number of employees: 19
• Sales: NOK 65.5 million
• EBITDA: NOK 1.4 million

1. Blackmeno As (Rudolf Ræders veg 8, Trondheim)

• Organizational form: AS
• Founded: 2024-05-10
• Number of employees: 0
• Sales: NOK 0
• EBITDA: NOK 0

1. Mahmoud Beka (Klæbuveien 185, Trondheim)

• Organizational form: ENK
• Founded: 2024-03-04
• Number of employees: 0
• Sales: NOK 0
• EBITDA: NOK 0

Organizational form:

• AS: 2 companies, 40 employees, NOK 161.3 million in sales
• ENK: 2 companies, 0 employees, NOK 0 in sales

Conclusion: The industry is dominated by ASs, which have higher operational results and more employees compared to ENKs. The newer companies (Blackmeno As and Mahmoud Beka) have not yet achieved operational results, which may indicate an early stage in their development.

The electrical goods industry is distributed across two main areas in Trondheim:

1. Tiller:

• Number of companies: 1
• Number of employees: 21
• Sales: NOK 95.8 million
• EBITDA: NOK 2.0 million
• Average sales per employee: NOK 3.6 million
• Average EBITDA per employee: NOK 77.1 thousand
• Gross margin: 416%

1. Trondheim:

• Number of companies: 1
• Number of employees: 19
• Sales: NOK 65.5 million
• EBITDA: NOK 1.4 million
• Average sales per employee: NOK 3.6 million
• Average EBITDA per employee: NOK 76.9 thousand
• Gross margin: 608%

Conclusion: Tiller has higher sales and employees compared to Trondheim, but Trondheim has a higher gross margin. This may indicate that Trondheim has a more efficient operation, while Tiller has a larger market share.

Bankruptcies and Vulnerability:

• No bankruptcies have been registered in the electrical goods industry in Trondheim in recent years. This indicates a stable industry with low vulnerability to bankruptcy.

Growth and Decline:

• The industry has experienced significant growth in sales and employees from 2016 to 2021, but a decline in 2022–2023. This may indicate vulnerability to external factors such as economic downturns or competitive pressure.

Conclusion: The industry has proven to be stable with high growth in sales and employees over the past few years, despite a short period of decline. This indicates a stable market position, but also a need to address vulnerabilities in the future.

Outlook for Entrepreneurs

For entrepreneurs considering starting a business in the electrical goods industry in Trondheim, the data show a growth-oriented and stable industry. With high growth in sales and employees over the past few years, as well as low vulnerability to bankruptcy, the industry can be an attractive choice for new companies. Trondheim also has good infrastructure and a high level of education, which can support growth in the industry. This makes Trondheim a good place for entrepreneurs who want to start a business in the industry. SmartGrunder can help entrepreneurs find suitable addresses in Trondheim for this industry, where it is natural to start a business.

Overall Industry (Agriculture):

• Number of companies: 122
• Sales: NOK 1874.8 million in 2025
• Employees: 680 in 2026
• EBITDA: NOK 28.2 million (highest among peer companies)

Conclusion: The overall agriculture industry has a higher number of companies and sales compared to the electrical goods industry, but a lower EBITDA margin. This indicates that agriculture has a more stable, but less profitable, operation compared to electrical goods. This can be an important factor for entrepreneurs considering starting a business in Trondheim, as agriculture can be a more stable, but less profitable, industry compared to electrical goods.

The electrical goods industry in Trondheim has proven to be a stable and growth-oriented industry over the past few years. With four registered companies, high growth in sales and employees, as well as low vulnerability to bankruptcy, the industry can be an attractive choice for new companies. Trondheim also has good infrastructure and a high level of education, which can support growth in the industry. This makes Trondheim a good place for entrepreneurs who want to start a business in the industry. SmartGrunder can help entrepreneurs find suitable addresses in Trondheim for this industry, where it is natural to start a business.