Industry · municipality
The Electronics Storage Industry in Stord: Current Status and Future Prospects
An analysis of the companies, statistics, and industry outlook in Stord municipality
Brief overview of the electronics storage industry in Stord
The electronics storage industry in Stord is a small but dynamic sector with three registered companies. In recent years, the industry has shown increasing sales growth, especially after 2020, and has experienced stable growth in the number of employees. The most dominant organizational form is AS, and there are no registered bankruptcies in the sector. Future prospects look positive, with strong sales growth and increasing interest in electronics storage in the municipality.
Economic overview of the industry
The electronics storage industry in Stord has experienced sales growth of over 20% from 2024 to 2025, indicating strong momentum in the sector. The number of employees has varied over the years, but on average increased by 10.7% from 2021 to 2022. The EBITDA margin stands at 3%, indicating that companies in the sector have a moderate profit margin. Sales volume has been stable, with an average annual growth of 5.5% over the last five years.
Companies in the industry
In Stord, three companies are registered within the electronics storage sector:
- Heiane Elektro As (Heianegården, Ringvegen 44) – 22 employees, EBITDA of 2.2 million NOK, and a sales volume of 81.7 million NOK.
- Jacobsen Brødr Handel As Avd Heiane (Meatjønnshaugen 10) – 8 employees, EBITDA of 2.6 million NOK, and a sales volume of 57.4 million NOK.
- Wowfactory As (c/o Vidar Eggøy, Høgestølen 9) – 0 employees, and no sales or operating profit.
The first two companies are organized as AS, while Wowfactory As has no employees or operating profit. There are no registered bankruptcies in the sector.
Business geography
Electronics storage activity in Stord is concentrated in a single city district, namely Stord. Two companies are registered in this city district, and there is no detailed data on distribution within the city district. There is no information about specific addresses or geographic distributions within the city district.
Business dynamics
The electronics storage industry in Stord has been stable over the years, with no registered bankruptcies. The number of employees has varied, but there are no serious downward trends. The EBITDA margin stands at 3%, indicating that companies have a moderate profit margin. There are no serious financial challenges registered in the sector, but there is some variation in operating profits between companies.
Outlook for the industry
Outlooks for the electronics storage industry in Stord are positive, with strong sales growth of over 20% from 2024 to 2025. This indicates increasing demand for electronics storage in the municipality. There is also stable growth in the number of employees, showing that the sector has potential for further development. The EBITDA margin stands at 3%, indicating that companies have a moderate profit margin. It is possible that future investments and development of new sites could provide further growth in the sector.
Outlook for agriculture compared to electronics storage
In comparison with agriculture, which is the broader industry in Stord, the electronics storage industry shows stronger sales growth, with growth of over 20% from 2024 to 2025. Agriculture has lower sales growth but a higher number of employees. There are also more companies within agriculture in Stord, showing that this industry has a larger market share. Nevertheless, the electronics storage industry has a higher EBITDA margin, indicating that companies in this sector have a better profit margin. There are also more companies within agriculture organized as AS, showing that this industry has a more stable organizational structure.
Other companies in landbruk (not in electronics store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Brilleriet Stord As | optical store | Borggata 5, 5417 Stord | NOK 8.2M | 12 | NOK 821.0K |
| Brilleriet Heiane As | optical store | Ringvegen 44, 5412 Stord | NOK 7.1M | 9 | NOK 510.0K |
| Kunstark As | audio equipment / musical instruments store | Tysemarkjo 73A, 5414 Stord | NOK 0 | 0 | NOK 0 |
| Leirvik Musikk Olsen & Bræin Ans | audio equipment / musical instruments store | Borggata 39, 5417 Stord | NOK 0 | 0 | NOK 0 |
| Paletten Kunst & Hobby Ans | audio equipment / musical instruments store | Torgbakken 2, 5411 Stord | NOK 0 | 0 | NOK 0 |
| Sele Optikk As | optical store | Amfi Stord, 5411 | NOK 13.7M | 24 | NOK 0 |
| Strand Skaperlyst | audio equipment / musical instruments store | c/o Ingeborg Strand|Holmen 30A, 5410 Sagvåg | NOK 0 | 0 | NOK 0 |
| Synsam Stord Heiane | optical store | Ringvegen 32, 5412 Stord | NOK 0 | 8 | NOK 0 |
| Jamas Invest As | optical store | c/o ECIT Stord AS|Sæ 136, 5417 | NOK 0 | 0 | NOK -27.0K |
| Myva As | optical store | Kviteluren 58, 5414 Stord | NOK 0 | 0 | NOK -66.0K |
Conclusion
The electronics storage industry in Stord has shown strong sales and employee growth in recent years. There is also stable growth in the EBITDA margin, indicating that companies in the sector have good financial health. Outlooks for the future look positive, with increasing demand for electronics storage in the municipality. It is possible that future investments and development of new sites could provide further growth in the sector. SmartGrunder can help entrepreneurs find good sites for electronics storage in Stord and can provide advice on how to leverage the existing companies in the sector.