The Electronics Retail Industry in Levanger: Current Status and Future Prospects

The electronics retail industry in Levanger is a small but dynamic sector with two registered companies. In recent years, the industry has shown both growth and decline in revenue, with a sharp decline in 2025 followed by an increase in 2026. Employment trends have been more stable, with a slight increase in 2026. The industry has a high average gross profit margin (1,438%), but a low EBITDA margin (2%), indicating high operating costs or low operational efficiency. There are no registered bankruptcies in the sector, which shows a certain level of stability.

The industry has experienced a complex development in recent years. Revenue increased sharply from 2016 to 2020, rising by 42.6% from NOK 78.7 million to NOK 112.1 million. This was followed by a decline in 2021 and 2022, before a strong increase in 2024 (29.8%) and a dramatic decline in 2025 (49.1%). In 2026, a rise of 15.6% was recorded, indicating a gradual recovery after the significant decline. Employment trends have been more gradual, with a decline from 40 to 32 employees between 2016 and 2025, followed by an increase to 37 employees in 2026.

Two companies are registered in the industry in Levanger:

1. Odd Ingebrigtsen As Avd Levanger (Moafjæra 7C, Levanger)

• Organizational form: AS
• Number of employees: 27
• Revenue: NOK 62.4 million
• EBITDA: NOK 1.9 million
• EBITDA margin: 2%
• Gross profit: NOK 41.8 million
• Revenue growth: 73%

1. Power Norge As Avd Levanger (Moafjæra 7B, Levanger)

• Organizational form: AS
• Number of employees: 15
• Revenue: NOK 58.3 million
• EBITDA: NOK 1.4 million
• EBITDA margin: 2%
• Gross profit: NOK 1,694.2 million
• Revenue growth: 14%

Both companies are AS entities and have not been bankrupt. They have high gross profit margins but low EBITDA margins, indicating high operating costs or low efficiency.

All companies in the industry are registered in Levanger. There is no spread to other parts of the municipality. This indicates that the industry is concentrated in a central part of the municipality, which can be beneficial for collaboration and logistics, but may also lead to competition between companies.

There are no registered bankruptcies in the industry in Levanger. This is a positive indicator of the industry's stability. However, revenue data from 2025 shows a sharp decline of 49.1%, which may indicate increased competitive pressure or changes in customer behavior. The upward trend in 2026 (15.6%) however shows that the industry has the ability to adapt and achieve growth after challenges.

For entrepreneurs considering starting an electronics retail store in Levanger, the data show an industry with both opportunities and challenges. The high gross profit margin (1,438%) indicates potential for high income, but the low EBITDA margin (2%) shows that operating costs and efficiency are critical factors. The sharp decline in 2025 (49.1%) is a warning that market conditions can be unstable, but the upward trend in 2026 shows that the industry can adapt. Entrepreneurs should consider focusing on cost efficiency and differentiation to compete in a market area with two existing companies.

When comparing the electronics retail industry with the broader agriculture sector in Levanger, the data show a market area with completely different dynamics. Agriculture has 11 companies, indicating a larger market sector than the electronics retail industry. Revenue in agriculture had a sharp decline in 2025 (36.4%), but a strong increase in 2026 (8.5%), showing a more stable development compared to the electronics retail industry. Peer companies in agriculture include computer stores, opticians, and musical instrument stores, with variable EBITDA (from NOK -520,000 to NOK 1.8 million). This shows that the agriculture sector has a more diversified structure, while the electronics retail industry is more specialized.

The electronics retail industry in Levanger shows a complex, but not without opportunities, development. With two companies, a high gross profit margin, and a gradual increase in revenue after a sharp decline in 2025, it is possible to identify an industry with potential for growth. Entrepreneurs should consider focusing on efficiency, differentiation, and adapting to market conditions that can be unstable. SmartGrunder can help entrepreneurs find suitable addresses in Levanger for this industry, with a focus on natural advantageous conditions.