Industry · municipality
Electronics Storage in Lindesnes: Industry Analysis and Development Trends
Analysis of Electronics Storage in Lindesnes Municipality with a Focus on Companies, Economics, and Prospects for Entrepreneurs and Local Decision-Makers
Executive Summary
Electronics storage in Lindesnes has shown stable growth in recent years, with increases in both sales and number of employees. In 2025, the industry had 23 employees, an increase of 43.8% compared to 2024. Sales have increased from NOK 22.2 million in 2016 to NOK 45.0 million in 2025, a growth of 103%. Mandal is the main area for the industry, with 9 companies and a significant share of the industry's economic activity.
Economic Overview
The industry has shown a gradual increase in sales over time, with an average annual growth of 6.9% from 2016 to 2025. The number of employees has been more variable, with a significant increase in 2025. The EBITDA margin for companies in the industry is 4%, and the average gross margin is 20%. This indicates a relatively stable financial position for the most active companies.
Companies in the Industry
In Lindesnes, 9 companies are registered in electronics storage. The key companies include:
- Mandal Elektromarked AS (Store Elvegate 106, Mandal): AS structure, 10 employees, NOK 42.6 million in sales, EBITDA of NOK 2.2 million
- Powerdamp AS (Skarvøyveien 16, Mandal): AS structure, 9 employees, NOK 2.6 million in sales, EBITDA of NOK -235,000
- Cape Cod AS (Skarvøyveien 49, Mandal): AS structure, 0 employees, no sales
- Crypto AS (Store Elvegate 106, Mandal): AS structure, 0 employees, no sales
- Digre Prosjekt DA (Skogsvingen 11, Mandal): DA structure, 0 employees, no sales
Most companies are AS entities, and there is a mix of older companies (founded in 1996) and newer companies (founded in 2024 and 2026).
Industry Geography
Mandal is the most important area for electronics storage in Lindesnes, with 2 companies and 19 employees. The economic activity in Mandal shows an operational income of NOK 45.2 million and sales of NOK 45.2 million. This accounts for over 80% of the industry's total sales in the municipality. No activity is registered in other parts of the municipality.
Industry Dynamics
None of the registered companies in the industry have gone bankrupt, indicating a relatively stable industry. However, some companies, such as Powerdamp AS, show negative EBITDA values in 2025, which may indicate economic challenges. There are also several companies with 0 employees and 0 sales, which may indicate potential risks for future activity.
Outlook
Electronics storage in Lindesnes shows positive development with stable sales growth and an increase in the number of employees. This suggests that the industry has potential for further growth. However, basic companies should be aware of the economic challenges faced by some companies. SmartGrunder can help entrepreneurs find suitable locations in Mandal for new companies in the industry.
Outlook for Agriculture
Compared to agriculture, which is the broader industry system in Lindesnes, electronics storage shows a more stable development. Agriculture had a sales growth of 6.2% from 2023 to 2024, but a sharp decline of 85.5% in 2026. Peer companies in agriculture include optical stores and musical instrument stores, which have a different economic structure compared to electronics storage. Electronics storage has a higher average EBITDA margin compared to agriculture.
Other companies in landbruk (not in electronics store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Synsam Mandal | optical store | Skarvøyveien 55, 4517 Mandal | NOK 7.4M | 11 | NOK 1.4M |
| Mandal Specsavers As | optical store | Bryggegata 22, 4514 Mandal | NOK 10.9M | 9 | NOK 873.0K |
| Larsen Optikk As | optical store | Apotekerbrotet 9, 4517 Mandal | NOK 8.1M | 5 | NOK 567.0K |
| Tonica Musikk As | audio equipment / musical instruments store | Apotekerbrotet 7, 4517 Mandal | NOK 7.2M | 4 | NOK 194.0K |
| Mlk Eiendom As | optical store | Molkebakken 25, 4517 Mandal | NOK 0 | 0 | NOK 173.0K |
| Helsoteket As | optical store | Store Elvegate 11, 4514 Mandal | NOK 1.4M | 1 | NOK 125.0K |
| Scrappegarasjen As | audio equipment / musical instruments store | Daleveien 226, 4517 Mandal | NOK 1.9M | 1 | NOK 91.0K |
| Atelier Båly Linda Haug | audio equipment / musical instruments store | Båly, 4521 Lindesnes | NOK 0 | 0 | NOK 0 |
| Brilleland Avd 519 Mandal | optical store | Skarvøyveien 55, 4517 Mandal | NOK 0 | 9 | NOK 0 |
| Gjerdal Harddisk Data Da | computer store | Amaldus Nielsens gate 7A, 4514 Mandal | NOK 0 | 0 | NOK 0 |
| Ursulas Photoart Ursula Schutz | audio equipment / musical instruments store | c/o Ursula Schutz|Lillehavnsveien 79, 4521 Lindesnes | NOK 0 | 0 | NOK 0 |
| Liguno As | computer store | c/o Espen Gumpen|Gjervoldstadveien 217, 4517 Mandal | NOK 488.0K | 0 | NOK -97.0K |
| Berges Elektro A/s | electric goods store | Skarvøyveien 49, 4517 Mandal | NOK 4.3M | 7 | NOK -978.0K |
Conclusion
Electronics storage in Lindesnes shows positive development with stable sales growth and increasing number of employees. Mandal is the main area for the industry, and there are several companies with a good financial position. However, entrepreneurs should be aware of the economic challenges faced by some companies. SmartGrunder can help find suitable locations in the municipality for new companies in the industry.