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Electronics Storage in Lillesand: Current Situation and Future Outlook

Published 29.09.2026

Analysis of the Industry, Businesses, and Economic Development Trends in Lillesand

Brief Overview of the Electronics Storage Industry in Lillesand

The electronics storage industry in Lillesand is a small but economically stable sector with a single business. In 2025, the industry achieved turnover of NOK 44.4 million, indicating a gradual increase over recent years. However, the number of employees in the industry has decreased from 12 in 2016 to 8 in 2025, which may indicate streamlining or changes in the operational model. There are no bankruptcies registered in the industry, highlighting its stability. At the same time, the comparison with the broader agricultural sector shows that the electronics storage industry has a different economic dynamic, focusing on service provision and retail rather than primary production.

Economic Overview of the Industry

In 2025, the electronics storage industry in Lillesand achieved turnover of NOK 44.4 million, representing a 6.3% increase compared to 2024. This is a positive development following a decline in 2022, but there is still a gradual increase over time. However, the number of employees in the industry has decreased from 12 in 2016 to 8 in 2025, showing a clear decline of 25%. This may be due to streamlining, changes in the operational model, or a reduction in the number of businesses. The EBITDA margin stands at 3%, indicating that the industry has a moderate profit margin. The industry also has a good average labor cost of NOK 4.0 million, suggesting that labor costs are controlled relative to turnover.

Sales over time — electronics store — Lillesand
Sales over time — electronics store
Number of companies — electronics store — Lillesand
Number of companies — electronics store
Employees over time — electronics store — Lillesand
Employees over time — electronics store

Companies in the Industry

There is one business registered in the electronics storage industry in Lillesand: Kjøkken Centeret Lillesand As, registered at Senterveien 30. The business was established in 2002 and has an organizational form of AS. It has 10 employees and is not bankrupt. The business has a turnover of NOK 44.5 million, an operating income of NOK 1.6 million, and an EBITDA of NOK 1.8 million. No other businesses are registered in the industry, showing that there is a small but economically stable business in Lillesand.

Business Geography

All businesses in the electronics storage industry in Lillesand are located in Lillesand. There is one business registered in the municipality, located at Senterveien 30. There are no other districts or areas in the municipality with activity in this industry. This indicates that the business is centralized in the municipality, with a focus on specific areas.

Companies by place — electronics store — Lillesand
Companies by place — electronics store

Business Dynamics

The electronics storage industry in Lillesand has been relatively stable over time, with a gradual increase in turnover from 2016 to 2021, followed by a decline in 2022 and a gradual increase again in 2023 and 2024. However, the number of employees has decreased over time, which may indicate streamlining or changes in the operational model. There are no bankruptcies registered in the industry, showing that the business has been stable over time. At the same time, the comparison with the broader agricultural sector shows that the electronics storage industry has a different economic dynamic, focusing on service provision and retail rather than primary production.

Outlook for Entrepreneurs

The electronics storage industry in Lillesand has shown a gradual increase in turnover over recent years, with a 6.3% increase from 2024 to 2025. This indicates a positive development in the industry, even though the number of employees has decreased over time. For entrepreneurs considering establishing themselves in this industry in Lillesand, this may be a sign of a potential market. However, it is important to note that the number of employees has decreased, which may indicate streamlining or changes in the operational model. It is also important to note that there is only one business in the industry, which may provide opportunities for competitive development but also challenges with fewer competitors.

Outlook for the Agricultural Sector

The broader agricultural sector in Lillesand has a different economic dynamic compared to the electronics storage industry. Agriculture has a higher number of businesses (6) compared to the electronics storage industry (1), showing that it is a more diversified industry. Turnover in agriculture has shown a gradual increase over time, with a 5.5% increase from 2024 to 2025. However, the number of employees in agriculture has decreased from 23 in 2016 to 15 in 2025, showing a decline of 34.8%. This may indicate that agriculture has been more affected by a decrease in the number of employees compared to the electronics storage industry. At the same time, agriculture has a higher turnover, showing that it is a more extensive industry in Lillesand.

Sales in the parent industry — landbruk — Lillesand
Sales in the parent industry — landbruk
Companies in the parent industry — landbruk — Lillesand
Companies in the parent industry — landbruk
Employees in the parent industry — landbruk — Lillesand
Employees in the parent industry — landbruk

Other companies in landbruk (not in electronics store)

CompanyIndustryAddressSalesEmployeesEBITDA
Lillesand Optikk Asoptical storeStrandgaten 4, 4790 LillesandNOK 7.3M8NOK 1.3M
Andreas Mülleraudio equipment / musical instruments storeNoan Christian Gauslaasgate 23, 4790 LillesandNOK 00NOK 0
Creds Ascomputer storeNordre Vardåsen 6, 4790 LillesandNOK 00NOK 0
Creds Asphone storeNordre Vardåsen 6, 4790 LillesandNOK 00NOK 0
Reflex Sound System Ascomputer storeBrønningsmyr 1, 4790 LillesandNOK 14.0K0NOK -92.0K

Conclusion

The electronics storage industry in Lillesand is a small but economically stable industry with one business. The industry has shown a gradual increase in turnover over time, but the number of employees has decreased. This may indicate streamlining or changes in the operational model. At the same time, the comparison with the broader agricultural sector shows that the electronics storage industry has a different economic dynamic, focusing on service provision and retail rather than primary production. For entrepreneurs considering establishing themselves in this industry in Lillesand, there may be a potential market opportunity, but it is important to consider the economic challenges. SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to establish themselves in this industry in Lillesand.