Industry · municipality
Electronics Retail in Kongsberg: Industry Analysis and Development Trends
A detailed overview of the industry, companies, and prospects in the municipality.
Brief Overview of the Industry
Electronics retail in Kongsberg is a small but active industry with two registered companies. The industry has shown both strong growth and variations over time, with a peak in 2021 and stabilization in recent years. The key players are Elkjøp Kongsberg and Power Norge AS, with a focus on business operations and organizational structures as AS. The industry is concentrated in the Kongsberg city center, and there are no registered bankruptcies among the companies. Prospects for new entrants depend on market dynamics and competition from nearby sectors such as agriculture.
Economic Trends and Key Figures
Economic Trends
The industry has shown significant variation in sales and number of employees over time. The sales overview shows strong growth from 2016 to 2021, increasing from NOK 13.3 million to NOK 188.2 million. After 2021, sales have stabilized, fluctuating between NOK 176.3 million and NOK 186.6 million in 2025. The number of employees has also shown variations, with a peak of 42 employees in 2021 and a decline to 39 employees in 2024. This indicates a stable, but not without variations, industry.
Key Figures
- Sales in 2025: NOK 186.6 million
- Number of employees in 2025: 40
- Annual sales growth (2024–2025): +5.9%
Companies and Organizational Structures
Registered Companies
The following companies are registered in the industry in Kongsberg:
| Company | Address | Organizational Form | Employees | Sales (2025) | EBITDA (2025) |
|---|---|---|---|---|---|
| Power Norge AS Avd Kongsberg | Schwabes gate 5 | AS | 25 | NOK 0 | NOK 0 |
| Elkjøp Kongsberg | Sølvparken, Gomsrudveien 1 | AS | 24 | NOK 107.3 million | NOK 1.3 million |
Organizational Forms
- AS (Limited Liability Company): 2 companies, 49 employees in total
- Other forms: No registered companies in other organizational forms
Geographic Distribution of Activity
Geographic Distribution
The industry is concentrated in the Kongsberg city center, with the following distribution:
| Location | Number of Companies | Number of Employees | Sales (2025) |
|---|---|---|---|
| Kongsberg | 2 | 49 | NOK 107.3 million |
No activity registered outside Kongsberg in the industry.
Operational Dynamics and Bankruptcy Statistics
The industry has shown variations in operating results over time, but no registered bankruptcies among the companies. Elkjøp Kongsberg has shown stable operations with positive EBITDA (1%) in 2025, while Power Norge AS has reported zero sales and EBITDA. This indicates that Elkjøp is the dominant player in the industry. Operating results showed a decline in 2019 and an increase in 2020–2021, before stabilizing.
Outlook for New Entrants
The industry has shown growth potential, especially during periods of increased sales (2020–2021). This suggests that there may be opportunities for new entrants wishing to establish themselves in Kongsberg. However, competition from Elkjøp Kongsberg is significant, and it is important to carefully analyze market dynamics. Prospects depend on the ability to adapt business operations and operating results in a competitive manner.
Comparison with Agriculture
Agriculture is a broader industry in Kongsberg with 22 companies, compared to 2 companies in electronics retail. Sales in agriculture have shown more stable growth (2021: NOK 298.3 million) compared to electronics retail (2021: NOK 188.2 million). The number of employees in agriculture has shown minor variations, while electronics retail has shown more dramatic variations. Peer companies in agriculture include opticians and computer stores, which can provide a broader perspective on the industry in Kongsberg.
Other companies in landbruk (not in electronics store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Synsam Kongsberg | optical store | Storgata 8, 3611 Kongsberg | NOK 14.9M | 8 | NOK 2.8M |
| Tnb Kongsberg As | computer store | Storgata 28, 3611 Kongsberg | NOK 19.2M | 6 | NOK 1.3M |
| Aa Optikk As | optical store | Skolegata 2, 3611 Kongsberg | NOK 8.0M | 7 | NOK 1.3M |
| Spiten Synssenter As | optical store | Storgata 20, 3611 Kongsberg | NOK 7.2M | 7 | NOK 789.0K |
| Brilleland Avd 448 Kongsberg | optical store | Karsches gate 3, 3611 Kongsberg | NOK 8.0M | 6 | NOK 582.6K |
| Interoptik Nøkleby Og Øygarden | optical store | Skolegata 7, 3611 Kongsberg | NOK 10.3M | 7 | NOK 431.4K |
| C Optikk Hvittingfoss As | optical store | Sentrumsveien 28, 3647 Hvittingfoss | NOK 4.0M | 5 | NOK 209.0K |
| A & M Vacuum Tubes Hans Christoffer Kise | computer store | Cort Adelers gate 5, 3612 Kongsberg | NOK 0 | 0 | NOK 0 |
| Alliance Optikk Optiker Hogstad As | optical store | Christian IV. des gate 10, 3616 Kongsberg | NOK 0 | 7 | NOK 0 |
| Andreas Barsnes Consulting | audio equipment / musical instruments store | Hornsruds vei 9, 3612 Kongsberg | NOK 0 | 0 | NOK 0 |
| Drammen Papir Engros As Avd Medi Buskerud Kongsberg | optical store | Kirkegata 9, 3616 Kongsberg | NOK 0 | 7 | NOK 0 |
| Hagenmarketing As | computer store | Musikkløkka 12, 3612 Kongsberg | NOK 0 | 0 | NOK 0 |
| Hagenmarketing As | phone store | Musikkløkka 12, 3612 Kongsberg | NOK 0 | 0 | NOK 0 |
| Luca & Luce As | optical store | c/o Jonathan Slettevold Bjørshol|Bussedalen 2F, 3616 Kongsberg | NOK 0 | 0 | NOK 0 |
| Løfi Ans | computer store | Rogstadbakken 10, 3616 Kongsberg | NOK 0 | 0 | NOK 0 |
| Saga Collect As | audio equipment / musical instruments store | Zienersvingen 15, 3610 Kongsberg | NOK 0 | 0 | NOK 0 |
| Synsam Kongsberg Stortorvet | optical store | Karsches gate 3, 3611 Kongsberg | NOK 0 | 1 | NOK 0 |
| Etnisk Musikklubb As | audio equipment / musical instruments store | Masovngata 18, 3616 Kongsberg | NOK 101.0K | 2 | NOK -30.0K |
| Vig As | optical store | Storgata 8, 3611 Kongsberg | NOK 0 | 0 | NOK -54.0K |
| Radio Og Tv Hjørnet As | computer store | Karjolveien 15, 3612 Kongsberg | NOK 0 | 0 | NOK -157.0K |
Conclusion and Future Outlook
Electronics retail in Kongsberg is a small but active industry with growth potential. With two companies and stable operations, new entrants may find opportunities in a competitive market. However, it is important to carefully analyze operating results and competition. SmartGrunder can help entrepreneurs explore potential addresses and business operations in the municipality.