Industry · municipality
Electronics Storage in Harstad: Current Status and Outlook
Analysis of electronics storage in Harstad with a focus on companies, statistics, and development trends in the Harstad municipality, Troms and Finnmark, Norway. Outlook for new entrants and comparison with agriculture in Harstad.
Brief overview of electronics storage in Harstad
Electronics storage in Harstad is a stable but dynamic industry with three registered companies. Sales have grown by 6.4% from 2024 to 2025, and the number of employees has increased by 5.8% over the same period. The industry has no bankrupt companies, indicating a relatively stable industry structure. Prospects for new entrants appear positive, especially with increasing sales and a good distribution structure in the municipality.
Economic overview of the industry
Sales and employee development
Sales:
- 2016: NOK 164.3M
- 2025: NOK 230.7M (increase of 6.4% from 2024)
Employees:
- 2016: 48 employees
- 2026: 49 employees (increase of 5.8% from 2025)
Economic indicators
- EBITDA margin: 1% (average for the industry)
- Gross profit: 1342% (high margin, but with variations between companies)
- Operating margin: 0% (indicates high operating costs relative to revenue)
Development trends
- Sales have grown continuously from 2016 to 2025, with a short period of decline in 2019.
- Employees have grown by 4.2% from 2016 to 2017, but have had ups and downs since then.
- The industry has been affected by economic variations, but has remained stable with no bankrupt companies.
Companies in electronics storage
Registered companies in the industry
- Elkjøp Harstad (Åsmyrveien 3, Harstad)
- Legal form: AS
- Founded: 1988-07-01
- Number of employees: 31
- Sales: NOK 174.4M
- EBITDA: NOK 2.1M
- Gross profit: NOK 1672.4M
- Power Norge As Avd Harstad (Bårnakkveien 1, Harstad)
- Legal form: AS
- Founded: 1965-12-31
- Number of employees: 15
- Sales: NOK 74.9M
- EBITDA: NOK 1.8M
- Gross profit: NOK 1694.2M
- Harstad Emarked As (Skilleveien 5, Harstad)
- Legal form: AS
- Founded: 2020-09-07
- Number of employees: 4
- Sales: NOK 1.4M
- EBITDA: NOK -90.0K
- Gross profit: NOK 301.0K
Legal form
- All companies are registered as AS (limited liability companies)
- No companies are registered as sole proprietorships or other legal forms
Business geography
Distribution of activity in the municipality
- Harstad:
- Number of companies: 3
- Number of employees: 50
- Sales: NOK 250.7M
- EBITDA: NOK 3.8M
- Gross profit: NOK 3366.9M
No other districts or locations in Harstad have registered activity in electronics storage. All companies are located in Harstad city center, indicating a concentration of activity in the municipality's main town.
Operational dynamics and bankruptcy statistics
Bankruptcy statistics and operational dynamics
- Bankrupt companies: No companies in electronics storage in Harstad are registered as bankrupt between 2016–2026.
- Operational dynamics:
- Sales have grown by 6.4% from 2024 to 2025, but with variations over the years.
- The number of employees has grown by 5.8% from 2025 to 2026, but has had ups and downs.
- The EBITDA margin is at 1%, indicating that operating costs are high relative to revenue.
- Gross profit is high (1342%), but with significant variations between companies.
Challenges
- Some companies have negative EBITDA values (e.g., Harstad Emarked As).
- The operating margin is 0%, which may indicate high operating costs.
- Sales have been affected by economic variations, but have remained stable over time.
Outlook for new entrants
Electronics storage in Harstad shows potential for growth, especially with increasing sales and a stable industry structure. In recent years, sales have grown by 6.4% from 2024 to 2025, and the number of employees has grown by 5.8% over the same period. The industry has no bankrupt companies, indicating a relatively stable industry structure.
For new entrants, it may be possible to leverage the existing infrastructure and stable distribution structure in the municipality. However, it is important to be aware of the high operating costs and variations in the EBITDA margin that may occur. SmartGrunder can help founders find suitable locations in Harstad for this industry, based on data and development trends.
Comparison with agriculture
Agriculture is a broader industry group in Harstad with 19 companies, compared to 3 companies in electronics storage. Sales in agriculture have grown by 2.5% from 2024 to 2025, while sales in electronics storage have grown by 6.4% over the same period. The number of employees in agriculture has grown by 0.9% from 2024 to 2025, while the number of employees in electronics storage has grown by 5.8%.
Peer companies in agriculture
| Name | Address | Sales | EBITDA | Number of employees | Industry |
|---|---|---|---|---|---|
| Synsam Harstad Kanebogen | Skilleveien 1, 9411 Harstad | NOK 14.9M | NOK 2.8M | 9 | Optician store |
| Pibo Optik As | Storgata 11, 9405 Harstad | NOK 13.3M | NOK 2.1M | 7 | Optician store |
| Harstad Optikk As | Storgata 2, 9405 Harstad | NOK 20.0M | NOK 1.4M | 9 | Optician store |
| Synsam Harstad Bertheus | Fjordgata 1, 9405 Harstad | NOK 6.0M | NOK 1.1M | 5 | Audio equipment / musical instrument store |
| Marios Musikk As | Seljestadveien 69, 9407 Harstad | NOK 11.1M | NOK 658.0K | 6 | Audio equipment / musical instrument store |
Conclusion
Electronics storage in Harstad shows better sales growth than agriculture, but has fewer employees and a smaller industry structure. For new entrants, it may be possible to leverage the existing infrastructure and stable distribution structure in the municipality, but it is important to be aware of the high operating costs and variations in the EBITDA margin.
Other companies in landbruk (not in electronics store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Synsam Harstad Kanebogen | optical store | Skilleveien 1, 9411 Harstad | NOK 14.9M | 9 | NOK 2.8M |
| Pibo Optik As | optical store | Storgata 11, 9405 Harstad | NOK 13.3M | 7 | NOK 2.1M |
| Harstad Optikk As | optical store | Storgata 2, 9405 Harstad | NOK 20.0M | 9 | NOK 1.4M |
| Synsam Harstad Bertheus | optical store | Fjordgata 1, 9405 Harstad | NOK 6.0M | 5 | NOK 1.1M |
| Marios Musikk As | audio equipment / musical instruments store | Seljestadveien 69, 9407 Harstad | NOK 11.1M | 6 | NOK 658.0K |
| Tnb Harstad As | phone store | Skilleveien 5, 9411 Harstad | NOK 12.7M | 7 | NOK 124.0K |
| Credo Invest As | audio equipment / musical instruments store | Hinnsteinveien 12, 9415 Harstad | NOK 0 | 0 | NOK 0 |
| Ledsystems As | computer store | Klubbveien 9, 9406 Harstad | NOK 0 | 0 | NOK 0 |
| Maske Bandagist As Avd Harstad | optical store | Strandgata 22, 9405 Harstad | NOK 0 | 4 | NOK 0 |
| Medibrix Ansatt Invest As | computer store | c/o Helseapps AS|Storgata 49, 9406 Harstad | NOK 0 | 0 | NOK 0 |
| Medibrix Holding As | computer store | c/o Helseapps AS|Storgata 49, 9406 Harstad | NOK 0 | 0 | NOK 0 |
| Mikalsen Film Og Video | computer store | Sørtorvmyran 14, 9414 Harstad | NOK 0 | 0 | NOK 0 |
| Ttcom As Avd Harstad | phone store | Landsåsveien 2B, 9407 Harstad | NOK 0 | 3 | NOK 0 |
| Walsen As | optical store | Mustapartajordet 9, 9403 Harstad | NOK 0 | 0 | NOK 0 |
| Fokus Optikk As | optical store | Rikard Kaarbøs gate 9, 9405 Harstad | NOK 0 | 5 | NOK -4.0K |
| Antonsens Radioservice As | computer store | Verkstedveien 1, 9406 Harstad | NOK 4.6M | 2 | NOK -112.0K |
Conclusion
Electronics storage in Harstad shows potential for growth, especially with increasing sales and a stable industry structure. In recent years, sales have grown by 6.4% from 2024 to 2025, and the number of employees has grown by 5.8% over the same period. The industry has no bankrupt companies, indicating a relatively stable industry structure.
For new entrants, it may be possible to leverage the existing infrastructure and stable distribution structure in the municipality. However, it is important to be aware of the high operating costs and variations in the EBITDA margin that may occur. SmartGrunder can help founders find suitable locations in Harstad for this industry, based on data and development trends.