Industry · municipality
The Electronics Retail Industry in Kvinnherad: Current Status and Future Perspectives
Analysis of companies, statistics, and outlooks for entrepreneurs and local decision-makers in Kvinnherad, Vestland, Norway
Executive Summary
The electronics retail industry in Kvinnherad is a small but dynamic sector with 5 registered companies. The industry has been marked by both growth and decline over the years, with a total sales volume of NOK 28.7 million in 2025. One bankruptcy has been recorded in the industry, indicating a certain level of risk. At the same time, there are several active companies in the center of the municipality, particularly in Husnes, which is an important geographic hub for the industry.
Economic Trends and Statistics
Sales and Employees
Over the past few years, the sales volume for electronics retailers in Kvinnherad has varied significantly. The highest sales volume was achieved in 2017 with NOK 53.7 million, while in 2025 it had declined to NOK 28.7 million. Employee numbers have also been unstable, with a peak of 28 employees in 2018 and a decline to 15 employees in 2026. This shows an industry marked by both growth and decline over time.
Economic Trends
The sales decline from 2017 to 2018 (-37.2%) and from 2020 to 2022 (-16.7%) indicates periods of significant loss. At the same time, there has been growth from 2019 to 2020 (+16.1%) and from 2022 to 2023 (+4.7%), suggesting a certain degree of resilience in the industry.
Companies in the Industry
Registered Companies
The following companies are registered in the electronics retail industry in Kvinnherad:
| Name | Address | Organizational Form | Number of Employees | Bankruptcies |
|---|---|---|---|---|
| Husnes Elektro As | Sentrumsvegen 42, Husnes | AS | 9 | No |
| Brødr Jakobsen Handel As Avd Husnes | Sentrumsvegen 42, Husnes | AS | 6 | No |
| Expert Kvinnherad A/s | Vangstunet, Rosendal | AS | 0 | Yes |
| Expert Kvinnherad A/s Konkursbo | Vangstunet, Rosendal | KBO | 0 | No |
| Kjh Holding As | Vangsvegen 13, Rosendal | AS | 0 | No |
Organizational Forms
Most companies in the industry are organized as AS (2 companies), indicating a certain level of stability and formal structure.
Geographic Distribution of Activity
Geographic Distribution
Electronics retail activity in Kvinnherad is most concentrated in Husnes, where 2 companies and 15 employees are registered. In Rosendal, there is also activity, but here one bankruptcy (Expert Kvinnherad A/s) has been registered. This shows that Husnes is an important geographic hub for the industry, while Rosendal has a smaller but no less important role.
Bankruptcies and Industry Dynamics
Bankruptcies and Dynamics
One bankruptcy has been registered in the industry: Expert Kvinnherad A/s in Rosendal. This company had a sales volume of NOK 4.3 million in 2025, but had an operating result of NOK -556,000 and an EBITDA of NOK -556,000. The bankruptcy indicates a certain level of risk in the industry, particularly for companies with a low number of employees and poor financial health.
At the same time, several companies have shown stability, such as Husnes Elektro As, which has a positive EBITDA of NOK 102,000 and a high sales volume of NOK 29.0 million. This shows that it is possible to succeed in the industry, even though there are also challenges.
Outlook for Entrepreneurs
For entrepreneurs considering starting an electronics retail business in Kvinnherad, it is important to be aware of both the opportunities and challenges. The industry has shown itself to be unstable over time, with both growth and decline. This indicates that it is important to have a good business plan and a clear understanding of the market.
At the same time, there are opportunities in Husnes, which is an important geographic hub for the industry. This area has a relatively high purchasing power and good infrastructure, which can be beneficial for new companies. Entrepreneurs should also be aware of the bankruptcy risk, as illustrated by Expert Kvinnherad A/s.
Comparison with Agriculture
Agriculture is a broader industry in Kvinnherad, with 7 companies, showing that it is a larger sector than the electronics retail industry. The sales volume for agriculture has been somewhat higher over time, with a peak of NOK 61.0 million in 2017, while the electronics retail industry had a peak of NOK 53.7 million in the same year.
Peer Companies in Agriculture
The following agriculture companies are not registered in the electronics retail industry:
| Name | Address | Industry | Sales | Number of Employees | |
|---|---|---|---|---|---|
| K. Skaråsen Heimvik | Heiamyro 3B, 5460 Husnes | Audio Equipment / Musical Instrument Store | NOK 0 | 0 | |
| Nye Bedre Syn As | Husnes storsenter | Sentrumsvegen 15, 5460 | Optician Store | NOK 0 | 4 |
This shows that agriculture includes a wide range of companies, while the electronics retail industry is more specialized.
Other companies in landbruk (not in electronics store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| K. Skaråsen Heimvik | audio equipment / musical instruments store | Heiamyro 3B, 5460 Husnes | NOK 0 | 0 | NOK 0 |
| Nye Bedre Syn As | optical store | Husnes storsenter|Sentrumsvegen 15, 5460 | NOK 0 | 4 | NOK 0 |
Conclusion
The electronics retail industry in Kvinnherad is a small but dynamic sector with both opportunities and challenges. The industry has shown itself to be unstable over time, with both growth and decline. This indicates that it is important to be aware of the market and have a good business plan. At the same time, there are opportunities in Husnes, which is an important geographic hub for the industry.
For entrepreneurs considering starting an electronics retail business in Kvinnherad, SmartGrunder can help find suitable addresses and develop a business plan that fits local conditions. It is important to be aware of the bankruptcy risk, as illustrated by Expert Kvinnherad A/s, and at the same time take advantage of opportunities in a stable market such as Husnes.