Electronics storage in Eigersund: Current situation and future outlook

Electronics storage in Eigersund has shown both challenges and upswings in recent years. The industry has 3 registered companies, with a mix of AS and one ANS. Sales dropped to zero in 2020–2022, but have since been on an upward trajectory, with a 42.1% increase from 2023 to 2024. Employment trends have been similar, with a significant rise from 2023 onward. There are no registered bankruptcies in the industry, indicating some stabilization. The key companies are Elkjøp Egersund and Power Egersund, while Singerbutikken has 0 employees. Future perspectives show potential, especially after the strong upswing post-2022.

Sales in electronics storage in Eigersund have had a dramatic development. From 19.1 million NOK in 2016, it fell to zero in 2020, before resuming with 68.6 million NOK in 2023 and 98.5 million NOK in 2025. Employment trends have been similar: from 9 employees in 2016 to zero in 2020, and up to 27 employees in 2026. The most significant increase in sales and employees was from 2023 to 2024, with respective increases of 42.1% and 35.7%. This shows a clear upswing after a period of stagnation and decline.

In Eigersund, there are 3 companies registered in electronics storage:

1. Elkjøp Egersund (Fabrikkgaten 2) – AS, established 2023, 20 employees, sales of 107.3 million NOK in 2025.
2. Power Egersund (Fossveien 43) – AS, established 2025, 8 employees, sales of 34.8 million NOK in 2025.
3. Singerbutikken Ans (Storgaten 14) – ANS, established 1983, 0 employees, sales of 0 NOK in 2025.

The organizational forms are dominated by AS (2 companies), with one ANS. None of the companies are registered bankrupt, indicating some stabilization in the industry.

All 3 companies in electronics storage in Eigersund are located in Egersund. Here, there are 2 companies and 28 employees. There is no activity in other districts or cities in the municipality. Egersund is therefore the only place in the municipality where electronics storage is present. This shows a concentration of activity in a single district, which can be both an advantage and a challenge for new players.

The industry has been marked by large variations in wages and operating results. In 2020–2022, there was no sales or employees, indicating a serious crisis period. However, from 2023 there has been a strong upswing, with increasing sales and employees. There are no registered bankruptcies in the industry, indicating that the companies have managed to survive the crisis. This may be a sign of some resilience in the industry, but it is also important to note the large variations in the development.

For entrepreneurs in Eigersund, electronics storage can be an interesting industry, especially after the strong upswing post-2022. Sales and number of employees have increased significantly, indicating a growing market. It is however important to be aware of the large variations in the development, such as the decline to zero in 2020–2022. This may indicate some uncertainty in the industry. Entrepreneurs should therefore consider both the potential and the risk before making decisions to establish themselves in Eigersund.

Compared to agriculture, which is the broader industry2-group in Eigersund, electronics storage shows less stable development. Agriculture has 10 companies, while electronics storage has 3. Sales in agriculture have been more stable, with a significant increase from 12.6 million NOK in 2022 to 119.5 million NOK in 2025. Employment development in agriculture has also been more stable, with an increase from 14 employees in 2022 to 42 employees in 2026. Examples of agriculture companies not in electronics storage include Eger Optikk As (11.5 million NOK in sales and 8 employees) and Synsam Egersund (7.4 million NOK in sales and 6 employees). This shows that agriculture has a broader and more stable industry structure compared to electronics storage.

Electronics storage in Eigersund has shown both challenges and opportunities. The strong upswing post-2022 shows potential, but the previous decline to zero in 2020–2022 is a warning of uncertainty. Entrepreneurs should consider both the positive aspects, such as increasing sales and employees, and the negative, such as the large variation in development. SmartGrunder can help entrepreneurs find suitable addresses in Eigersund for electronics storage, with a focus on natural conditions and market potential.