Industry · municipality
The Electronic Storage Industry in Ålesund: Companies, Statistics, and Outlook
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%.



Companies in the industry
The following companies operate in the electronic storage industry in Ålesund:
| Company | Employees | Sales (NOK) | EBITDA (NOK) |
|---|---|---|---|
| Hg Handel AS | 34 | 0 | 0 |
| Power Norge AS (Moa) | 30 | 99.9M | 2.4M |
| Power Norge AS (Ålesund) | 23 | 116.5M | 2.8M |
| Alfa Miljø AS | 14 | 0 | 0 |
| Kjell & Co Norway | 6 | 12.4M | 598.9K |
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.

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.



Other companies in landbruk (not in electronics store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Telia Norge As Telia Avd Amfi Moa Øst | phone store | Langelandsvegen 51, 6010 Ålesund | NOK 42.1M | 6 | NOK 16.9M |
| Optiker Nelvik Moa As | optical store | Stormoa Butikksenter 2.etasje, 6022 Ålesund | NOK 25.7M | 19 | NOK 3.4M |
| Synsam Ålesund Sentrum | optical store | Kongens gate 4, 6002 Ålesund | NOK 8.9M | 7 | NOK 1.7M |
| Brattvåg Synssenter As | optical store | Strandgata 7, 6270 Brattvåg | NOK 7.2M | 4 | NOK 1.6M |
| Brilleglede As | optical store | Åsetorget|Øvre Geilegrend 1, 6017 Ålesund | NOK 9.4M | 7 | NOK 1.6M |
| Optiker Nelvik Ålesund As | optical store | Keiser Wilhelms gate 22, 6003 Ålesund | NOK 10.6M | 4 | NOK 996.0K |
| Elektroimportøren Norge As Avd Ålesund | electric goods store | Smibakken 10, 6018 Ålesund | NOK 38.3M | 10 | NOK 817.5K |
| Tk Moa As | phone store | Moavegen 1, 6018 Ålesund | NOK 16.1M | 6 | NOK 779.0K |
| Hifi Klubben As Avd Ålesund | phone store | Kongens gate 21, 6002 Ålesund | NOK 15.8M | 5 | NOK 703.0K |
| Brilleland Avd 481 Ålesund Storsenter | optical store | Rasmus Rønnebergs gate 21, 6002 Ålesund | NOK 9.6M | 7 | NOK 699.2K |
| Brilleland Avd 469 Moa Ålesund | optical store | Langelandsvegen 51, 6010 Ålesund | NOK 5.6M | 7 | NOK 407.8K |
| Dankert Schlyder As | optical store | Kongens gate 7A, 6002 Ålesund | NOK 4.2M | 4 | NOK 299.0K |
| Teknikmagasinet Norway As Avd Ålesund | phone store | Langelandsvegen 25, 6010 Ålesund | NOK 3.3M | 0 | NOK 84.2K |
| Eplehuset Moa | computer store | Langelandsvegen 25, 6010 Ålesund | NOK 40.9M | 9 | NOK 25.0K |
| Andre Eidskrem | audio equipment / musical instruments store | Nordigårdsgate 9B, 6002 Ålesund | NOK 0 | 0 | NOK 0 |
| Art By Anita Øren | audio equipment / musical instruments store | c/o Anita Øren|Dyftavegen 13, 6012 Ålesund | NOK 0 | 0 | NOK 0 |
| Bakke Hareide Consulting | audio equipment / musical instruments store | Nedre Strandgate 45, 6005 Ålesund | NOK 0 | 0 | NOK 0 |
| Bakke Hareide Consulting | audio equipment / musical instruments store | Nedre Strandgate 45, 6005 Ålesund | NOK 0 | 0 | NOK 0 |
| Digerneset Elektro & Kjøkken As | computer store | Grimmergata 1, 6002 Ålesund | NOK 0 | 6 | NOK 0 |
| E Portal Frank Vedeld | computer store | Lars Pettervegen 12, 6260 Skodje | NOK 0 | 0 | NOK 0 |
| Frantz Von Lowensprung | optical store | Fjellgata 17, 6003 Ålesund | NOK 0 | 0 | NOK 0 |
| Handelium As | audio equipment / musical instruments store | Hovstien 4, 6057 Ellingsøy | NOK 0 | 0 | NOK 0 |
| Highrise As | computer store | Grimmergata 1, 6002 Ålesund | NOK 0 | 4 | NOK 0 |
| Ice Retail As Avd Moa | phone store | Langelandsvegen 25, 6010 Ålesund | NOK 0 | 6 | NOK 0 |
| Interoptik Moa Optikk | optical store | Moavegen 3, 6018 Ålesund | NOK 0 | 10 | NOK 0 |
| Mass Da | audio equipment / musical instruments store | Kongens gate 28B, 6002 Ålesund | NOK 0 | 0 | NOK 0 |
| Musikk Impuls Ronnie Mansfield | audio equipment / musical instruments store | Inste Holen 43B, 6011 Ålesund | NOK 0 | 0 | NOK 0 |
| Oen Ecommerce | audio equipment / musical instruments store | Kolvikbakken 27, 6008 Ålesund | NOK 0 | 0 | NOK 0 |
| Ålesund Kunstforening | audio equipment / musical instruments store | Keiser Wilhelms gate 36, 6003 Ålesund | NOK 0 | 6 | NOK 0 |
| Ålesund Spillsenter Da | audio equipment / musical instruments store | Parkgata 2A, 6003 Ålesund | NOK 0 | 0 | NOK 0 |
| Game Over Da | audio equipment / musical instruments store | Kirkegata 49, 6005 Ålesund | NOK 0 | 0 | NOK -4.0K |
| Musikktorget As | audio equipment / musical instruments store | Langelandsvegen 1, 6010 Ålesund | NOK 13.3M | 7 | NOK -27.0K |
| Ndx As | computer store | Øvstebygda, 6265 Vatne | NOK 15.0K | 0 | NOK -61.0K |
| Eidsnes Elektro Holding As | computer store | Langrabben 56, 6013 Ålesund | NOK 0 | 0 | NOK -82.0K |
| Jothosi Holding As | optical store | Kipervikgata 10, 6003 Ålesund | NOK 0 | 0 | NOK -90.0K |
| Peer Gynt Galleriet As | audio equipment / musical instruments store | Korsegata 8, 6002 Ålesund | NOK 0 | 0 | NOK -92.0K |
| Dybdal Invest As | optical store | Borgundfjordvegen 103, 6017 Ålesund | NOK 0 | 0 | NOK -186.0K |
| Ciratech As | computer store | Øvre Åsevegen 16, 6017 Ålesund | NOK 1.0M | 1 | NOK -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.