Industry · municipality
Electronics Retail in Holmestrand: Current Situation and Future Outlook
A detailed analysis of the industry, companies, and development in the municipality
Executive Summary
Electronics retail in Holmestrand is a very small industry with only one registered company, Sintek Elektro As, operating from Holmestrand. The industry has been marked by a lack of public data on sales and employees in recent years, except for a single reported sale of NOK 1.3 million in 2021. There are no current competitors in the municipality, which can be both an opportunity and a challenge for new players. At the same time, broader agricultural figures in the municipality show a more stable development, which can provide context for future investments.
Economic Overview
In Holmestrand, the electronics retail industry has been marked by a lack of public data on sales and employees in recent years. The only reported sales figure is NOK 1.3 million in 2021, followed by no data for 2022–2025. Employees have been 0 in all years until 2026, where 2 employees are reported. This shows a very uncertain and fragmented economic development for the industry in the municipality.
Missing data
There is a lack of both sales and employee history for recent years, making it difficult to assess trends. The only active company, Sintek Elektro As, has not reported detailed financial data, which can be a challenge for potential investors or entrepreneurs.
Companies in the Industry
Active companies
Holmestrand has one registered company in the electronics retail industry: Sintek Elektro As, registered at Langgaten 29. The company was founded on February 17, 2025, and has 6 employees. It is an AS, and there are no reported bankruptcy data.
Organizational form
All companies in the industry are ASs. There is no data on other organizational forms, which suggests that it is a small and homogeneous sector in the municipality.
Geographic Distribution
Electronics retail activity in Holmestrand is concentrated in Holmestrand itself. There are no reported activities in other city districts or neighboring municipalities. Sintek Elektro As is the only company, and it operates from Holmestrand. This shows a very small and centrally located industry in the municipality.
Business Dynamics
The industry has been marked by a lack of data on bankruptcy and operating results. The only active company, Sintek Elektro As, is not bankrupt, but there are no reported bankruptcies in the industry. This may indicate a stable sector, but the lack of data makes it difficult to assess the risk of bankruptcy.
Missing operating data
There is no public data on operating results, EBITDA, or wage expenses for companies in the industry. This makes it difficult to assess profitability and operating economics for actors in the municipality.
Outlook
Development for entrepreneurs
For entrepreneurs in Holmestrand, the electronics retail industry can be an opportunity, but it is important to be aware of the missing data. There are no competitors in the municipality, which can provide a unique position, but it is also a challenge to find market data and operating economics to plan the business.
Potential challenges
Entrepreneurs should consider collaborating with local authorities to gain access to more detailed market data. It is also important to assess whether it is possible to utilize existing infrastructure and customers in Holmestrand.
Development in Agriculture
Agricultural comparison
In Holmestrand, the agricultural sector has a more stable development compared to the electronics retail industry. Agriculture has 11 companies, and sales have grown by 7.2% in 2025 compared to 2024. Employees have also been stable, with 16 employees in 2026. This shows that agriculture is a more robust sector in the municipality.
Peer companies
Current peer companies in the agricultural sector include Holmestrand Optikk As (NOK 10.2 million in sales) and Alliance Sande As (NOK 6.7 million in sales). These companies operate in other industries, but they show that it is possible to achieve higher sales in Holmestrand.
Other companies in landbruk (not in electronics store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Holmestrand Optikk As | optical store | Langgaten 19, 3080 Holmestrand | NOK 10.2M | 8 | NOK 1.7M |
| Alliance Sande As | optical store | Kostegata 2, 3070 Sande I Vestfold | NOK 6.7M | 6 | NOK 1.1M |
| Andersen Trading | optical store | Vestsideveien 54B, 3077 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Bb Studio & Artistservice Ans | audio equipment / musical instruments store | Dyeg 2, 3070 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Contactcallcenter, Hanssen | computer store | Eidsfossveien 25, 3090 Hof | NOK 0 | 0 | NOK 0 |
| Digitalflow As | computer store | Meieribakken 13, 3074 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Elektrocompagniet As | computer store | Sandesenteret, 3070 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Kh Produkter Kim Petter Haugerud | electric goods store | Øvre Klevjervei 1, 3074 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Nordisk Kapital As | computer store | Meieribakken 13, 3074 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Sundbyfoss Gaver Og Hobby Ans | audio equipment / musical instruments store | 0, 3092 Sundbyfoss | NOK 0 | 0 | NOK 0 |
Conclusion
The electronics retail industry in Holmestrand is a small, but potentially interesting sector for entrepreneurs. It is important to be aware of the missing data and to collaborate with local authorities to gain access to more detailed market data. At the same time, the agricultural sector shows that it is possible to achieve stable development in the municipality, which can provide context for future investments.