Electronics retail in Karmøy: Industry analysis and development trends

Electronics retail in Karmøy has a relatively stable situation with 7 companies registered in the municipality. In recent years, sales have shown an up and down movement, with an increase of 3.8% from 2024 to 2025. The development of the workforce has been more fluctuating, but has stabilized around 80-85 employees. The industry has both large and small companies, with a mix of AS companies and some companies with special circumstances such as Jtj Invest As with 0 employees. There are no registered bankruptcies in the industry, but some companies have negative EBITDA values.

The sales development for electronics retail in Karmøy has been as follows in recent years:

The workforce development has been more fluctuating, with an increase from 69 employees in 2018 to 85 employees in 2022, before being reduced to 81 employees in 2026.

There are 7 companies registered in electronics retail in Karmøy, with the following organizational forms:

The most important companies in the industry are:

• Åkra Elektriske As Avd Installasjon (Åkrehamn) – 35 employees, sales of 66.9M NOK
• Åkra Elektriske As Avd Butikk (Åkrehamn) – 34 employees, sales of 77.2M NOK
• Kjell & Co Norway No021 Oasen Storsenter (Karmsund) – 6 employees, sales of 12.9M NOK
• Karmøy Elektromarked As (Skudeneshavn) – 4 employees, sales of 6.9M NOK
• Kolbeinsen Elektrosenter As (Kopervik) – 4 employees, sales of 2.9M NOK
• Jtj Invest As (Åkrehamn) – 0 employees, sales of 0 NOK
• Skudenes Jernvare As (Skudeneshavn) – 0 employees, sales of 174.0K NOK

Electronics retail in Karmøy is distributed across the following cities:

Åkrehamn has the largest number of companies and employees, while Skudeneshavn has the lowest EBITDA values.

There are no registered bankruptcies in electronics retail in Karmøy. However, data shows that some companies have negative EBITDA values:

• Karmøy Elektromarked As (Skudeneshavn) has an EBITDA of -1.9M NOK
• Kolbeinsen Elektrosenter As (Kopervik) has an EBITDA of -885.0K NOK
• Skudenes Jernvare As (Skudeneshavn) has an EBITDA of 859.0K NOK

This shows that some companies in the industry have challenges with labor costs and operating results, while others have better financial results.

For entrepreneurs considering starting an electronics retail business in Karmøy, the data shows a stable workforce development and an increase in sales in recent years. However, there are challenges in the form of negative EBITDA values at some companies, which may indicate high operating costs or low sales margin. There are also opportunities in cities such as Åkrehamn, which has the largest number of companies and employees. Entrepreneurs should also consider analyzing competitors and looking at how they can differentiate themselves in the market.

In comparison with agriculture, which is the broader industry 2-grouping in Karmøy, the data shows a higher sales volume in agriculture (308.5M NOK in 2025) compared to electronics retail (166.5M NOK in 2025). Agriculture also has more employees (125 in 2026) compared to electronics retail (81 in 2026). Peer companies in agriculture include optician shops and data shops, such as Optiker Hedegaard, Karmsund As and Elkjøp Phonehouse Oasen Haugesund. These companies have higher sales and more employees compared to electronics retail in Karmøy.

Electronics retail in Karmøy has a relatively stable situation with opportunities for growth in sales and number of employees. However, there are challenges in the form of negative EBITDA values at some companies. Entrepreneurs should consider analyzing competitors and looking at how they can differentiate themselves in the market. SmartGrunder can help entrepreneurs find suitable addresses in Karmøy for electronics retail, based on nature and development trends.