Industry · municipality
Electronics Industry in Gjøvik: Industry Analysis and Development Trends
Analysis of Companies, Statistics, and Opportunities for Entrepreneurs in Gjøvik, Innlandet
Brief Industry Overview
The electronics industry in Gjøvik has a complex development. In 2025, the municipality registered 3 companies in the sector, with a total of 67 employees and annual revenues of 104.5 million NOK. A significant drop in sales (56% from 2024 to 2025) and employees (17% from 2024 to 2025) indicates unstable conditions. At the same time, the EBITDA margin is very low (1%), and two of the three companies report negative EBITDA. This suggests increased competitive pressure and potential challenges for operational stability.
Economic Overview
Sales and Employee Development
| Year | Sales (NOK) | Employees | Annual Sales Change | Annual Employee Change |
|---|---|---|---|---|
| 2016 | 201.3M | 91 | - | - |
| 2017 | 229.2M | 96 | +13.9% | +5.5% |
| 2025 | 103.7M | 77 | -56.0% | -16.9% |
Sales declined sharply by 56% from 2024 to 2025, while the number of employees fell by 17% over the same period. The most stable period was between 2016 and 2021, with a total sales increase of 66%. The EBITDA margin has been very low (1%) since 2021, indicating high operating costs or low revenue security.
Companies in the Industry
Registered Companies in the Industry
- Elkjøp Gjøvik As (Kasper Andresens veg 4, Gjøvik)
- Founded: 2024
- Employees: 35
- EBITDA: 0 NOK
- Sales: 0 NOK
- Status: Not in bankruptcy
- Power Norge As Avd Gjovik (Kallerudlia 4, Gjøvik)
- Founded: 2007
- Employees: 26
- EBITDA: 2.2M NOK
- Sales: 91.6M NOK
- Status: Not in bankruptcy
- Gjøvik Elektriske As (Hunnsvegen 3, Gjøvik)
- Founded: 1988
- Employees: 6
- EBITDA: -177.0K NOK
- Sales: 12.9M NOK
- Status: Not in bankruptcy
All companies are AS entities, but only one (Power Norge) reports positive EBITDA. Elkjøp Gjøvik has no operational results yet, while Gjøvik Elektriske has negative EBITDA.
Geographic Distribution
All 3 companies in the electronics industry are registered in Gjøvik. There is no further subdivision by other districts or locations within the municipality. This shows a concentration of activity in the municipality's main town.
Operational Stability and Dynamics
Operational Stability and Bankruptcy Statistics
None of the 3 companies in the industry are bankrupt, but two of them report negative or zero EBITDA:
- Elkjøp Gjøvik As: 0 NOK EBITDA
- Gjøvik Elektriske As: -177.0K NOK EBITDA
This indicates weak operational stability, especially for older companies. Power Norge has a relatively good EBITDA margin of 2%, but it is still low compared to the average in other industries.
Outlook for Entrepreneurs
Development Trends for Electronics Industry in Gjøvik
The sharp decline in sales (56% from 2024 to 2025) and employees (17%) indicates unstable conditions. This may be due to increased competitive pressure, changes in customer skills or high operating costs. For entrepreneurs, it may be challenging to establish themselves, but existing companies such as Power Norge (with 2.2M NOK EBITDA) show that it is possible to achieve positive operations. SmartGrunder can help find suitable locations in Gjøvik for new companies in the industry.
Comparison with Agriculture
Comparison with Agriculture in Gjøvik
Agriculture is a broader industry (24 companies) compared to electronics (3 companies). Sales in agriculture had a decline of 39.8% from 2024 to 2025, while electronics had a stronger decline of 56%. EBITDA for agriculture is higher (average 1.8M NOK for peer group) compared to electronics (average 0.7M NOK). This shows that agriculture has better operational stability, even though both industries have negative trends in 2025.
Other companies in landbruk (not in electronics store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Telia Norge As Telia Avd Cc Gjøvik | phone store | Jernbanesvingen 6, 2821 Gjøvik | NOK 42.1M | 7 | NOK 16.9M |
| Keli As | electric goods store | Vestre Totenveg 47, 2816 Gjøvik | NOK 23.1M | 14 | NOK 3.7M |
| Gjøvik Optikk As | optical store | Storgata 5, 2815 Gjøvik | NOK 4.4M | 4 | NOK 1.8M |
| Synsenteret As | optical store | Bakkegata 3, 2815 Gjøvik | NOK 7.0M | 4 | NOK 1.0M |
| Elektroimportøren Norge As Avd Gjøvik | electric goods store | Kallerudlia 4, 2816 Gjøvik | NOK 46.3M | 13 | NOK 987.8K |
| Brilleland Avd 445 Gjøvik | optical store | Jernbanesvingen 6, 2821 Gjøvik | NOK 10.4M | 10 | NOK 757.4K |
| Teknikmagasinet Norway As Avd Gjøvik | phone store | Jernbanesvingen 6, 2821 Gjøvik | NOK 2.7M | 0 | NOK 71.0K |
| Eplehuset Gjøvik | computer store | Jernbanesvingen 6, 2821 Gjøvik | NOK 36.8M | 8 | NOK 22.5K |
| Slåtsveen Elektro As | computer store | Raufossvegen 231, 2827 Hunndalen | NOK 872.0K | 0 | NOK 1.0K |
| Bergli Consult | audio equipment / musical instruments store | Snertingdalsvegen 388, 2836 Biri | NOK 0 | 0 | NOK 0 |
| Daniel Walderhaug | computer store | Tømmerstigen 22, 2825 Gjøvik | NOK 0 | 0 | NOK 0 |
| Daniel Walderhaug | phone store | Tømmerstigen 22, 2825 Gjøvik | NOK 0 | 0 | NOK 0 |
| Det Lille Stasjonsgalleriet Da | audio equipment / musical instruments store | c/o Mari Løken Rognerud|Skolegata 10B, 2821 Gjøvik | NOK 0 | 0 | NOK 0 |
| Exedra Infomedia Knut A Hanstad | computer store | Biristrandvegen 641, 2837 | NOK 0 | 0 | NOK 0 |
| Gjøvik F2f V/allan Jaf | computer store | Vardalsvegen 1110, 2822 Bybrua | NOK 0 | 0 | NOK 0 |
| Gjøvik Musikk Stein Ola Bjørnerud | audio equipment / musical instruments store | Hammerstads gate 19, 2815 Gjøvik | NOK 0 | 0 | NOK 0 |
| Lave Priser As | electric goods store | Elfstedtløkka 1, 2816 Gjøvik | NOK 0 | 0 | NOK 0 |
| Pantoglasses As | optical store | Bakkestumpen 3, 2816 Gjøvik | NOK 0 | 0 | NOK 0 |
| Postema Kunstmateriell | audio equipment / musical instruments store | Øvre Torvgate 20A, 2815 Gjøvik | NOK 0 | 0 | NOK 0 |
| Telekiosken Innlandet As Avd Gjøvik | computer store | Jernbanesvingen 16, 2821 Gjøvik | NOK 0 | 0 | NOK 0 |
| Engsat As | computer store | Nedre Ulsrud 7, 2825 Gjøvik | NOK 639.0K | 1 | NOK -247.0K |
Conclusion
The electronics industry in Gjøvik shows unstable development with a sharp decline in sales and employees in 2025. Although no companies are bankrupt, the EBITDA margin is very low. For entrepreneurs, it may be challenging, but existing companies such as Power Norge show that it is possible to achieve positive operations. Compared to agriculture, the electronics industry has lower operational stability, but it is possible to find locations in Gjøvik with potential for improvement.