Electronics Storage in Rana: Industry Analysis and Development Trends

Electronics storage in Rana is a small but dynamic industry with three registered companies. The three companies have a combined total of 34 employees and achieved a total sales of NOK 100.3 million in 2024. The industry has been marked by large variations over time, with a significant sales decline from 2021 to 2023, followed by a modest increase in 2024. It is especially worth noting that Elkjøp Helgeland As is the largest company in the industry, with sales of NOK 87.0 million and 33 employees. The industry has also shown itself to be relatively stable in terms of bankruptcy, with no registered bankruptcies among the companies.

Sales and employees over time

Sales in the industry reached its peak in 2021 with NOK 183.4 million, followed by a 48.9% decline in 2023. There has since been a modest increase in 2024, but a sharp decline in 2025. The number of employees has also been unstable, with a significant decline from 2022 to 2023 (34.0%) and an increase in 2026 (9.7%).

Registered companies in the industry

1. Elkjøp Helgeland As Avd Mo I Rana (Verkstedveien 5, Mo I Rana)

• Organizational form: AS
• Founded: 1995-02-23
• Employees: 33
• Sales: NOK 87.0M
• EBITDA: NOK 3.0M

1. Nord Varmepumpeservice As (Vikaveien 38A, Mo I Rana)

• Organizational form: AS
• Founded: 2018-01-02
• Employees: 1
• Sales: NOK 527.0K
• EBITDA: NOK 144.0K

1. Byporten Elektromarked As (Terminalveien 5, Mo I Rana)

• Organizational form: AS
• Founded: 2009-10-01
• Employees: 0
• Sales: NOK 7.1M
• EBITDA: NOK -1.8M

Two of the companies are AS entities, while Byporten Elektromarked As has no employees. Elkjøp Helgeland As is the most stable company with higher sales and EBITDA compared to the others.

Industry geography

All three companies in electronics storage in Rana are registered in Mo I Rana. There is no activity in other districts or cities in the municipality. This indicates that the industry is concentrated in a central part of the municipality, which can be an advantage for new players looking to establish themselves in the area.

None of the three companies in the industry have been registered in bankruptcy. However, the figures show that Byporten Elektromarked As had a negative EBITDA of NOK -1.8 million in 2023, which may indicate economic challenges. However, there are no bankruptcy cases registered for the company. This shows that the industry in Rana has been relatively stable in terms of bankruptcy, even though some companies have had economic challenges.

Development trends for entrepreneurs

For entrepreneurs considering establishing themselves in electronics storage in Rana, it is important to be aware of the large variations in sales and employees over time. The industry has shown itself to be unstable, with a significant decline in sales from 2021 to 2023. However, there are opportunities in Mo I Rana, where all companies are located, and where it may be possible to utilize existing infrastructure and customer bases. Entrepreneurs should also be aware that companies such as Elkjøp Helgeland As have shown themselves to be stable and profitable, which can be an indication of potential partnership strategies.

Agriculture is the broader industry system (industry2) in Rana, and has 18 companies compared to the 3 in electronics storage. Sales in agriculture reached its peak in 2021 with NOK 240.1 million, while electronics storage had its peak in the same year with NOK 183.4 million. The EBITDA margin in electronics storage (3%) is higher than in agriculture (not directly stated, but agriculture has lower EBITDA in the stated peer companies). This suggests that electronics storage may be more profitable than agriculture in Rana, even though agriculture has more companies. Peer companies in agriculture include, among others, Rana Øyeoptikk As (sales NOK 16.2M, EBITDA NOK 2.5M) and Synsam Mo I Rana (sales NOK 7.4M, EBITDA NOK 1.4M).

Electronics storage in Rana is a small, but potentially profitable industry with opportunities to utilize existing infrastructure in Mo I Rana. Although the industry has been marked by variations in sales and employees over time, it shows that companies such as Elkjøp Helgeland As have shown themselves to be stable. Entrepreneurs should be aware of the economic challenges, but also of the opportunities in a concentrated industry. SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to establish themselves in Rana.