Industry · municipality
Electronics Storage in Time: Current Situation and Future Outlook
Analysis of companies, economic trends, and prospects for entrepreneurs in the Time municipality
Brief overview of the electronics storage industry in Time
The electronics storage industry in Time is a small but dynamic sector with both challenges and opportunities. In 2025, there are 3 registered companies in the municipality, but activity is concentrated in a single neighborhood. Sales have been highly variable over time, with a sharp decline in 2019 and a partial recovery since. Employment trends show a dramatic reduction from 2018 to 2019, but a weak rebound in 2022. One of the registered companies is in bankruptcy, while the other two have zero sales. This indicates an industry with high competitiveness and unstable economic conditions.
Economic trends and statistics
Economic trends
| Year | Sales (NOK) | Employment |
|---|---|---|
| 2016 | 66.6M | 19 |
| 2017 | 56.6M | 16 |
| 2018 | 52.0M | 13 |
| 2019 | 4.4M | 2 |
| 2020 | 9.3M | 3 |
| 2021 | 7.5M | 3 |
| 2022 | 7.3M | 4 |
| 2023 | 6.3M | 2 |
| 2024 | 4.9M | 2 |
| 2025 | 5.2M | 2 |
Sales have been marked by a sharp decline of 91.5% from 2018 to 2019, but have since grown by 7.0% from 2024 to 2025. Employment trends show a dramatic reduction of 84.6% from 2018 to 2019, but a weak rebound of 33.3% from 2021 to 2022. This uncertain development indicates an industry strongly influenced by external factors such as economic cycles and fluctuations in consumer offerings.
Companies in the industry
Registered companies
- Skousen Bryne (Reevegen 13, Bryne) – AS (limited liability company), 2 employees, operating income NOK -191.2K, EBITDA NOK -179.7K
- Garpestad 03 (Grønsko 11, Bryne) – ENK (sole proprietorship), 0 employees, zero sales and operating result
- Garpestad 03 (Grønsko 11, Bryne) – ENK (sole proprietorship), 0 employees, zero sales and operating result
Organizational form statistics show that there is only one AS in the industry, while the other two companies are ENK (sole proprietorship) organizations. Skousen Bryne is the only company form with active operations, while the other two companies have no economic activities.
Geographic distribution of activity
Geographic distribution
All activities in the electronics storage industry in Time are concentrated in Bryne. Here, one company activity with 2 employees is registered. Bryne is therefore the only neighborhood in the municipality with activity in this industry. This indicates that there is some concentration of consumer demand and distribution opportunities in this neighborhood.
Operational efficiency and dynamics
Operational efficiency and bankruptcy statistics
- Bankruptcy statistics: One of the registered companies is in bankruptcy, while the other two have zero sales and operating results. This indicates an industry with high competitiveness and unstable economic conditions.
- Operating results: Skousen Bryne has a negative operating result of NOK -191.2K and an EBITDA of NOK -179.7K. This shows that the company operates at a loss, despite having a high gross profit margin of 134%.
- Operational efficiency: The two companies with zero sales and operating results indicate some level of inactivity in the industry, which may be due to bankruptcy or lack of market share.
Future outlook for entrepreneurs
For entrepreneurs in the electronics storage industry in Time, it is important to be aware of the unstable economic conditions in the sector. Sales have been marked by large variations, with a sharp decline in 2019 and a partial recovery since. This indicates that the industry is strongly influenced by external factors such as economic cycles and consumer offerings. Entrepreneurs should consider establishing themselves in Bryne, where there is some concentration of consumer demand and distribution opportunities. At the same time, they should be prepared for a competitive market environment and potential economic challenges.
Comparison with agriculture
Agriculture is a broader industry group in Time with 14 companies, compared to the electronics storage industry, which has 3 companies. Sales in agriculture have been more stable, with a decline of 22.4% from 2024 to 2025, while the electronics storage industry shows an upward trend. Employment trends in agriculture show a more gradual reduction compared to the sharp decline in the electronics storage industry. Peer companies in agriculture include optician shops and computer stores, which have higher sales but also different EBITDA developments.
Other companies in landbruk (not in electronics store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| O & S Holding As | optical store | Storgata 40, 4340 Bryne | NOK 17.3M | 0 | NOK 7.3M |
| Synsam Bryne M44 | optical store | M44|Jupitervegen 2, 4340 Bryne | NOK 8.9M | 7 | NOK 1.7M |
| Brilleland Avd 526 Bryne | optical store | Jupitervegen 2, 4340 Bryne | NOK 4.8M | 7 | NOK 349.6K |
| Mineraler Og Krystaller As | audio equipment / musical instruments store | Hagestien 5, 4355 Kvernaland | NOK 600.0K | 0 | NOK 269.0K |
| Audiovision Torstein T. Obrestad | computer store | Svertingstadvegen 17, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Irene Ueland Contemporary | audio equipment / musical instruments store | Meierigata 9, 4340 Bryne | NOK 0 | 0 | NOK 0 |
| Jæren Hobbydata Da | computer store | Skarsfjell 12, 4347 Lye | NOK 0 | 0 | NOK 0 |
| Optikk Og Syn As | optical store | Storgata 40, 4340 Bryne | NOK 0 | 16 | NOK 0 |
| Tnb Bryne As | computer store | Jupitervegen 2, 4340 Bryne | NOK 0 | 6 | NOK 0 |
| West Technology As | computer store | Lyngbakken 11, 4344 Bryne | NOK 0 | 0 | NOK 0 |
| West Technology As | phone store | Lyngbakken 11, 4344 Bryne | NOK 0 | 0 | NOK 0 |
Conclusion
The electronics storage industry in Time is a small but dynamic sector with both challenges and opportunities. This analysis shows that the industry has been marked by unstable economic conditions and a sharp reduction in employment. At the same time, it shows that there is some concentration of activity in Bryne, which can be an advantage for entrepreneurs. SmartGrunder can help entrepreneurs find suitable addresses in Time for this industry, based on natural conditions and market prospects.