NACE 43.210
Margins and profitability in electrical installation
1,904 Norwegian companies in this industry. The median operating margin was 5.5 %, meaning what was left of revenue once every cost had been paid.
22 % of the companies in this industry posted a negative operating result that year.
In kroner
Revenue and operating profit
| Median company | Top third | |
|---|---|---|
| Revenue | NOK 12,153,102 | NOK 10,906,620 |
| Operating profit | NOK 571,393 | NOK 1,732,456 |
| Revenue per employee | NOK 1,502,570 | NOK 1,728,172 |
Revenue per employee is calculated on the 1,295 of 1,904 companies that report an employee count, as the median of the ratio within each company.
Median, not mean. A mean would be pulled up by the largest companies in the industry, and would say little about a typical one.
The distribution
What companies in the industry earned
One tenth of companies fell below -5.5 %, and one tenth above 18.0 %. That is the real spread in the industry, not an average.
Top against weakest third
- Top third
- 14.2 %
- Weakest third
- -1.6 %
- Spread
- 16 percentage points
- Equity ratio
- 35.2 %median of 1,904
Size
Profitability by size
| Revenue | Companies | Median operating margin |
|---|---|---|
| 1 to 5 m | 495 | 4.1 % |
| 5 to 20 m | 701 | 5.7 % |
| 20 to 100 m | 592 | 5.5 % |
| over 100 m | 116 | 5.4 % |
Companies are split into revenue bands, with the median margin in each. Bands with fewer than ten companies are omitted, because the median becomes too unstable to show.
Geography
Where the companies are based
| Oslo | 221 | |
| Trondheim | 34 | |
| Kristiansand S | 27 | |
| Stavanger | 25 | |
| Tromsø | 25 | |
| Sandnes | 25 |
The six postal towns with the most companies in this industry, by registered business address.
Public contracts
Who in the industry wins public contracts
210 of 1,904 companies in the industry have won at least one public contract since 2022, that is 11.0 %.
Those that win have median revenue of NOK 52.9m, against NOK 10.2m for those that do not. That is 5.2× as much. It describes who wins, not evidence that contracts make companies large; large companies also find it easier to bid.
Who puts them out to tender
The 708 contracts we find come most often from these buyers.
| Vestby kommune | 32 | |
| Forsvarsbygg | 25 | |
| Rogaland fylkeskommune | 25 | |
| Asker kommune | 22 | |
| Statsbygg | 21 |
Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.
Questions and answers
Common questions about electrical installation
- What is a normal operating margin in electrical installation?
- The median operating margin was 5.5 %, meaning what was left of revenue once every cost had been paid. Half of the 1,904 companies in the sample were above it, and half below.
- What separates the best from the weakest in electrical installation?
- The top third had an operating margin of 14.2 %, against -1.6 % for the weakest. The spread is 16 percentage points, within the same industry, the same country and the same year.
- How many companies are there in electrical installation in Norway?
- We hold filed accounts for 1,904 Norwegian companies on this industry code with at least one million kroner in revenue. The real number is higher, since dormant and very small companies are excluded.
- How much revenue does a company in Electrical installation generate per employee?
- The median company in Electrical installation turns over NOK 1.5m per employee. The figure is calculated on the 1,295 of 1,904 companies that report an employee count.
- How many are loss-making in electrical installation?
- 22 % of the companies in the sample posted a negative operating result.
- How large is a typical company in electrical installation?
- Median revenue is NOK 12.2m. Half of the companies fall between NOK 4.8m and NOK 30.5m.
- How much do public contracts matter in electrical installation?
- 210 of 1,904 companies, that is 11.0 %, have won at least one public contract since 2022. They have median revenue of NOK 52.9m, against NOK 10.2m for the rest.
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