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Industry · municipality

The Electronic Storage Industry in Ålesund: Companies, Statistics, and Outlook

Published 23.09.2026

Analysis of the industry in Ålesund with a focus on companies, economic data, and development trends for entrepreneurs and local decision-makers.

Brief overview of the electronic storage industry in Ålesund

The electronic storage industry in Ålesund is a dynamic sector with 5 registered companies and 107 employees in 2026. The industry has shown stable sales growth over the past years, with an annual growth rate of 6.4% in 2025. The high gross profit margin of 1568% indicates potential areas for profit, but lower EBITDA margins (2%) suggest a need for increased efficiency. SmartGrunder can help entrepreneurs find optimal addresses in Ålesund for this industry.

Economic overview of the industry

Sales for the electronic storage industry in Ålesund have grown from NOK 241.7 million in 2016 to NOK 452.4 million in 2025, with an average annual growth rate of 7.2%. Employees have varied between 95 and 122 during the period, with a decline of 18% in 2021. The EBITDA margin has remained around 2%, while the gross profit margin has been extremely high at 1568%.

Sales over time — electronics store — Ålesund
Sales over time — electronics store
Number of companies — electronics store — Ålesund
Number of companies — electronics store
Employees over time — electronics store — Ålesund
Employees over time — electronics store

Companies in the industry

The following companies operate in the electronic storage industry in Ålesund:

CompanyEmployeesSales (NOK)EBITDA (NOK)
Hg Handel AS3400
Power Norge AS (Moa)3099.9M2.4M
Power Norge AS (Ålesund)23116.5M2.8M
Alfa Miljø AS1400
Kjell & Co Norway612.4M598.9K

All companies are organized as AS (limited liability companies). More than half of the companies reported 0 sales in 2026, which may indicate potential challenges.

Business geography

The electronic storage industry is concentrated in the Ålesund area with 5 companies and 107 employees. The only registered city is Ålesund itself, with operating revenues of NOK 229.5 million and sales of NOK 228.9 million. No activity is registered in other cities within the municipality.

Companies by place — electronics store — Ålesund
Companies by place — electronics store

Business dynamics and bankruptcy statistics

No companies in the electronic storage industry have gone bankrupt in Ålesund. However, two companies (Hg Handel AS and Alfa Miljø AS) reported 0 sales and 0 employees in 2026, which may indicate temporary closure or newly established companies. There are no registered bankruptcies in the industry during the period 2016-2026.

Outlook for entrepreneurs

The electronic storage industry has shown stable sales growth (6.4% in 2025) and employee growth (13.7% in 2024). The high gross profit margin (1568%) indicates potential profit areas, but lower EBITDA margins (2%) suggest a need for increased efficiency. Entrepreneurs should consider competition from 5 established companies and potential challenges with companies reporting 0 sales.

Outlook for the agricultural sector

The agricultural sector in Ålesund has 43 companies and shows lower sales growth (9.1% in 2025) compared to the electronic storage industry. While the electronic storage industry has higher EBITDA margins (2% vs. agriculture's 2.7%), agriculture has more employees (240 in 2026). Peer companies in agriculture include optician shops and phone shops, which can provide insights into adjacent markets.

Sales in the parent industry — landbruk — Ålesund
Sales in the parent industry — landbruk
Companies in the parent industry — landbruk — Ålesund
Companies in the parent industry — landbruk
Employees in the parent industry — landbruk — Ålesund
Employees in the parent industry — landbruk

Other companies in landbruk (not in electronics store)

CompanyIndustryAddressSalesEmployeesEBITDA
Telia Norge As Telia Avd Amfi Moa Østphone storeLangelandsvegen 51, 6010 ÅlesundNOK 42.1M6NOK 16.9M
Optiker Nelvik Moa Asoptical storeStormoa Butikksenter 2.etasje, 6022 ÅlesundNOK 25.7M19NOK 3.4M
Synsam Ålesund Sentrumoptical storeKongens gate 4, 6002 ÅlesundNOK 8.9M7NOK 1.7M
Brattvåg Synssenter Asoptical storeStrandgata 7, 6270 BrattvågNOK 7.2M4NOK 1.6M
Brilleglede Asoptical storeÅsetorget|Øvre Geilegrend 1, 6017 ÅlesundNOK 9.4M7NOK 1.6M
Optiker Nelvik Ålesund Asoptical storeKeiser Wilhelms gate 22, 6003 ÅlesundNOK 10.6M4NOK 996.0K
Elektroimportøren Norge As Avd Ålesundelectric goods storeSmibakken 10, 6018 ÅlesundNOK 38.3M10NOK 817.5K
Tk Moa Asphone storeMoavegen 1, 6018 ÅlesundNOK 16.1M6NOK 779.0K
Hifi Klubben As Avd Ålesundphone storeKongens gate 21, 6002 ÅlesundNOK 15.8M5NOK 703.0K
Brilleland Avd 481 Ålesund Storsenteroptical storeRasmus Rønnebergs gate 21, 6002 ÅlesundNOK 9.6M7NOK 699.2K
Brilleland Avd 469 Moa Ålesundoptical storeLangelandsvegen 51, 6010 ÅlesundNOK 5.6M7NOK 407.8K
Dankert Schlyder Asoptical storeKongens gate 7A, 6002 ÅlesundNOK 4.2M4NOK 299.0K
Teknikmagasinet Norway As Avd Ålesundphone storeLangelandsvegen 25, 6010 ÅlesundNOK 3.3M0NOK 84.2K
Eplehuset Moacomputer storeLangelandsvegen 25, 6010 ÅlesundNOK 40.9M9NOK 25.0K
Andre Eidskremaudio equipment / musical instruments storeNordigårdsgate 9B, 6002 ÅlesundNOK 00NOK 0
Art By Anita Ørenaudio equipment / musical instruments storec/o Anita Øren|Dyftavegen 13, 6012 ÅlesundNOK 00NOK 0
Bakke Hareide Consultingaudio equipment / musical instruments storeNedre Strandgate 45, 6005 ÅlesundNOK 00NOK 0
Bakke Hareide Consultingaudio equipment / musical instruments storeNedre Strandgate 45, 6005 ÅlesundNOK 00NOK 0
Digerneset Elektro & Kjøkken Ascomputer storeGrimmergata 1, 6002 ÅlesundNOK 06NOK 0
E Portal Frank Vedeldcomputer storeLars Pettervegen 12, 6260 SkodjeNOK 00NOK 0
Frantz Von Lowensprungoptical storeFjellgata 17, 6003 ÅlesundNOK 00NOK 0
Handelium Asaudio equipment / musical instruments storeHovstien 4, 6057 EllingsøyNOK 00NOK 0
Highrise Ascomputer storeGrimmergata 1, 6002 ÅlesundNOK 04NOK 0
Ice Retail As Avd Moaphone storeLangelandsvegen 25, 6010 ÅlesundNOK 06NOK 0
Interoptik Moa Optikkoptical storeMoavegen 3, 6018 ÅlesundNOK 010NOK 0
Mass Daaudio equipment / musical instruments storeKongens gate 28B, 6002 ÅlesundNOK 00NOK 0
Musikk Impuls Ronnie Mansfieldaudio equipment / musical instruments storeInste Holen 43B, 6011 ÅlesundNOK 00NOK 0
Oen Ecommerceaudio equipment / musical instruments storeKolvikbakken 27, 6008 ÅlesundNOK 00NOK 0
Ålesund Kunstforeningaudio equipment / musical instruments storeKeiser Wilhelms gate 36, 6003 ÅlesundNOK 06NOK 0
Ålesund Spillsenter Daaudio equipment / musical instruments storeParkgata 2A, 6003 ÅlesundNOK 00NOK 0
Game Over Daaudio equipment / musical instruments storeKirkegata 49, 6005 ÅlesundNOK 00NOK -4.0K
Musikktorget Asaudio equipment / musical instruments storeLangelandsvegen 1, 6010 ÅlesundNOK 13.3M7NOK -27.0K
Ndx Ascomputer storeØvstebygda, 6265 VatneNOK 15.0K0NOK -61.0K
Eidsnes Elektro Holding Ascomputer storeLangrabben 56, 6013 ÅlesundNOK 00NOK -82.0K
Jothosi Holding Asoptical storeKipervikgata 10, 6003 ÅlesundNOK 00NOK -90.0K
Peer Gynt Galleriet Asaudio equipment / musical instruments storeKorsegata 8, 6002 ÅlesundNOK 00NOK -92.0K
Dybdal Invest Asoptical storeBorgundfjordvegen 103, 6017 ÅlesundNOK 00NOK -186.0K
Ciratech Ascomputer storeØvre Åsevegen 16, 6017 ÅlesundNOK 1.0M1NOK -218.0K

Conclusion

The electronic storage industry in Ålesund shows potential profit areas with high gross profits, but must balance with lower EBITDA margins. A stable growth pattern and established companies provide opportunities for entrepreneurs, but competition is strong. SmartGrunder can help find optimal addresses in the municipality for this industry.