The Electronics Retail Industry in Drammen: Companies, Statistics, and Outlooks

The electronics retail stores in Drammen form an important part of the municipality's retail scene. With 13 registered companies in the sector, including well-known names such as Elkjøp and Power Norge, the data show a mix of established businesses and newer companies. The industry has shown variations in sales and employees over time, with a marked increase in sales in 2025. At the same time, the number of employees has shown a slight decline in recent years. This indicates an industry in transition, with both opportunities and challenges for new players.

Sales and employee development

The electronics retail industry in Drammen has shown strong sales growth in recent years, with an increase of 14.8% from 2024 to 2025. This is one of the most significant growth periods in the data. Employee numbers, however, have shown a slight decline, from 201 in 2016 to 193 in 2025. This development may be due to variations in the business structure and operational efficiencies.

Key companies in the sector

The following companies are registered in the electronics retail industry in Drammen:

1. Elkjøp Drammen (Bjørnstjerne Bjørnsons gate 80) – 65 employees, AS (limited liability company) organizational form
2. Power Norge As Avd Drammen (C O Lunds gate 25) – 40 employees, AS (limited liability company) organizational form
3. Elkjøp Buskerud Storsenter (Krokstad Industriomr. 6-8) – 32 employees, AS (limited liability company) organizational form
4. Power Norge As Avd Mjøndalen (Orkidehøgda 14) – 18 employees, AS (limited liability company) organizational form

Organizational forms

Most companies in the sector are organized as AS (limited liability company), with 9 companies in this category. This is the most common organizational form in the industry, indicating a high degree of formal structure and capitalization.

Distribution of business in the municipality

The electronics retail industry is most active in the following areas in Drammen:

Drammen itself is the central area for the industry, with 7 companies and over 147 employees. Krokstadelva and Mjøndalen have less activity, but still show significant sales figures. This indicates that the industry has a broad geographic presence in the municipality, even though the focus is on the Drammen center.

Stability and dynamics in the industry

The electronics retail industry in Drammen has shown itself to be relatively stable over time, with no registered bankruptcies in the data. This is a positive indicator of the industry's health. At the same time, the data show that some companies have experienced challenges, such as Innvi Norge As Detalj Drammen, which had a negative EBITDA of -353.6K in 2023. This shows that not all companies have achieved profitability, even though the industry as a whole has shown positive development.

The electronics retail industry in Drammen shows potential for growth, especially after the marked increase in sales in 2025. This may be due to increased ownership and consumption in the sector. For new players, this can be an opportunity, especially in areas with lower competition such as Mjøndalen. At the same time, new companies should be aware of the weak trends in employee numbers and profitability among some players. It may be profitable to focus on efficiencies and digitalization to improve margins.

Contrast with the agricultural sector

When comparing the electronics retail industry with the broader agricultural sector in Drammen, the data show that agriculture has a more stable development. The agricultural sector has 77 companies, compared to 13 in the electronics retail industry. Sales figures for agriculture have shown strong growth of 11.5% from 2024 to 2025, while the electronics retail industry had a growth of 14.8% in the same period. This shows that both sectors have grown, but agriculture has a more gradual development in employee numbers and sales.

Peer companies in agriculture

The following companies in the agricultural sector have high EBITDA and may be interesting for comparison:

These companies show that there are opportunities for high profitability in retail, even though there are variations between sectors.

The electronics retail industry in Drammen shows potential for growth, with a marked increase in sales in 2025. At the same time, the industry is stable with no bankruptcies. For new players, this can be a good opportunity, especially in areas with low bankruptcy rates such as Mjøndalen. It is, however, important to be aware of the weak trends in employee numbers and profitability among some players. SmartGrunder can help entrepreneurs find suitable addresses in Drammen for this industry, based on data about business geography and development trends.