Industry · municipality
Electronics Storage in Alta: Industry Analysis and Development Trends
A detailed analysis of electronics storage in Alta, with a focus on companies, statistics, and opportunities for entrepreneurs and local decision-makers in the municipality.
Brief overview of electronics storage in Alta
Electronics storage in Alta has shown stable growth in recent years, with increases in both sales and number of employees. In 2025, the industry reported total sales of NOK 149.0 million, an increase of 9.6% compared to 2024. The number of employees has increased from 22 in 2016 to 32 in 2026, although there have been minor fluctuations over time. The key companies in the industry are Power Norge As, Elkjøp Alta As, and Lyd Og Bilde As, which together account for a significant portion of the industry's activity. The industry has also proven to be relatively stable, with no registered bankruptcies.
Economic overview of the industry
The industry has experienced growth in sales from NOK 80.7 million in 2016 to NOK 149.0 million in 2025, with an average annual growth rate of approximately 6.5%. The number of employees has increased from 22 in 2016 to 32 in 2026, although there have been minor fluctuations over time. The most significant increase in employees was from 25 in 2022 to 33 in 2023, an increase of 32%. Sales have also shown a significant increase from 2022 to 2023, with an increase of 23.4%.
Companies in the industry
In Alta, there are 7 companies registered in the electronics storage sector. The key companies are:
- Power Norge As (Markedsgate 21-25): 19 employees, sales of NOK 91.6 million in 2025
- Elkjøp Alta As (Bjørn Wirkolas vei 15): 12 employees, sales of NOK 53.5 million in 2025
- Lyd Og Bilde As (Altaveien 228): 2 employees, sales of NOK 4.7 million in 2025
Most companies are organized as AS, with 3 companies in this form. There are also two companies registered as ENK, which are newer companies (founded in 2026).
Business geography
All 7 companies in the industry are registered in Alta, with a focus on central addresses in the municipality. There is no activity registered outside Alta in this industry. The key addresses are:
- Markedsgate 21-25 (Power Norge As)
- Bjørn Wirkolas vei 15 (Elkjøp Alta As)
- Altaveien 228 (Lyd Og Bilde As)
- Markveien 39 (Alta Elhandel As)
- Måsesvingen 18 (Novak Berg)
There are no significant variations in the distribution of companies across different parts of Alta, with a focus on central areas.
Business dynamics and bankruptcy statistics
There are no registered bankruptcies in the industry in Alta. All companies have been operational over time, although there have been variations in results. For example, Lyd Og Bilde As had a negative EBITDA in 2025, while Power Norge As had a positive EBITDA of 2.2 million. There are no significant variations in bankruptcy risk, and all companies have been in operation without major financial challenges.
Outlook for entrepreneurs
The industry has shown stable growth in sales and number of employees, with an average annual growth rate of approximately 6.5% in sales and an increase in the number of employees of approximately 10% over the period. This indicates that the industry has potential for further growth, especially with high gross profit margins (1135%) and stable operating margins (1%). For entrepreneurs, this is a sign that there are opportunities to establish themselves in the industry, especially with a focus on leveraging the existing market positions in Alta.
Outlook for the industry in relation to agriculture
The agriculture industry in Alta has a larger number of companies (15) compared to electronics storage (7). Sales in agriculture have shown growth from NOK 125.0 million in 2016 to NOK 194.2 million in 2025, with an average annual growth rate of approximately 4.5%. The number of employees in agriculture has increased from 60 in 2016 to 80 in 2026, while electronics storage has increased from 22 to 32. Agriculture has a lower average gross profit margin compared to electronics storage, but higher operating margins. Peer companies in agriculture include, for example, Synsam Alta (optician store) and Puskas Musikk As (computer store), which have higher EBITDA than many companies in the electronics storage industry.
Other companies in landbruk (not in electronics store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Synsam Alta | optical store | Markedsgata 21, 9510 Alta | NOK 11.9M | 9 | NOK 2.2M |
| Puskas Musikk As | computer store | Løkkeveien 47, 9510 Alta | NOK 5.5M | 12 | NOK 1.0M |
| Boots Apotek Alta | optical store | Sorenskriverveien 9, 9513 Alta | NOK 20.0M | 7 | NOK 361.2K |
| Audioland As | audio equipment / musical instruments store | Åslia 22, 9510 Alta | NOK 2.6M | 3 | NOK 59.0K |
| Alta Optikk As | optical store | Løkkeveien 37, 9510 Alta | NOK 0 | 17 | NOK 0 |
| Br Optikk Holding As | optical store | Løkkeveien 37, 9510 Alta | NOK 0 | 0 | NOK 0 |
| Instrumentservice Alta V/sverre Heggeli | audio equipment / musical instruments store | Fogdebakken 17, 9513 Alta | NOK 0 | 0 | NOK 0 |
| Remm Solutions | computer store | Bjørnemyra 113, 9512 Alta | NOK 0 | 0 | NOK 0 |
Conclusion and future opportunities
Electronics storage in Alta has shown stable growth and high gross profit margins, indicating that the industry has potential for further development. With 7 companies and an increase in the number of employees and sales over time, the industry can be an attractive choice for entrepreneurs. There are also opportunities to leverage the existing market positions in Alta, especially with a focus on establishing oneself in central areas. SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to succeed in this industry.