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Norwegian figures: closed businesses are removed from Enhetsregisteret, so closures are only counted from 3 October 2026, when we started collecting. Until then, growth over time looks higher than it really is.

Building contractor in 8540 Ballangen

Postcode · 1,996 residents
Postcode onlyWithin 3 kmWithin 10 kmWithin 25 kmWithin 30 km
9of 100

Opportunity score

Crowded

Medium confidence

More competition than similar areas, or a weak trend.

See the five reasons

Why this score (9/100)

Room in the market0weak
Population growth10weak
Momentum–left out
Survival–left out
Financial trend36weak

The line marks 50, the average. The score compares this area with others of the same type; the gap to peers compares it with areas of similar size. Parts marked – can't be calculated here and are left out; the others count more. How the score is calculated

Active now
21
– vs 12 months ago
Per 10,000 residents
105.2
similar areas 50.2 · Norway 72.8
Opened and closed, 3 years
7 opened – closed
last 12 months: 2 opened, – closed
Population
1,996
-5.2% in 5 years

Loading map…

Each dot is a place of business at its registered address. Click a dot to see the company.

There are 21 active businesses in the category “Building contractor” in 8540 Ballangen - 105.2 per 10,000 residents.

That is more than similar-sized areas (median 50.2 per 10,000). With the typical density you would expect about 10.

In the last 3 years 7 opened. Not available yet: closures are only known from 3 October 2026.

The population is 1,996 and has shrunk 5.2% over 5 years.

Compared with Norway

Building contractor in 8540 Ballangen against all of Norway. Annual-report figures are for 2025 (Narvik kommune), from 105 companies. Survival can't be calculated for Norway yet: closed businesses are removed from Enhetsregisteret, so we only know closures from the day we started collecting.

BallangenNorwayBallangen NorwayVerdict
Made a loss 38% 45% Fewer here
Companies with negative equity 13% 20% Fewer here
Losses two years in a row 23% 28% Fewer here
Median equity ratio 37% 31% Stronger
Run by chains (3+ places) 0% 1% About the same

Trend

Active businesses over time

8540 Ballangen

This line starts on 3 October 2026, when closures start being known, and grows as we collect.

Openings and closures per year

0246Opened 2017: 12017Opened 2018: 02018Opened 2019: 12019Opened 2020: 22020Opened 2021: 22021Opened 2022: 12022Opened 2023: 12023Opened 2024: 02024Opened 2025: 52025Opened 2026 (so far): 1Closed 2026 (so far): 02026*
OpenedClosed* 2026 so far

Closures are counted from 3 October 2026; years before show openings only.

Money

Financials – Narvik kommune

Median revenue
NOK 4.1m
105 companies filed
Profitable
62%
revenue trend 0.0%
05.0m10m15m20m20172019202120232025Narvik kommuneNorway
Narvik kommuneNorway

Only limited companies (AS/ASA) file accounts – sole proprietorships (ENK) don't. Figures for Norway are operating revenue.

Deeper numbers

Survival, trouble signs, competition and people for building contractor in 8540 Ballangen.

Trouble signs

Closed through bankruptcy (last 12 months)0
Forcibly dissolved (last 12 months)0

Competition

Share of the 3 largest operators14% · 21 owners

No company runs more than one place of business here, an independent market.

New and established

Openings per 10,000 residents (12 months)10.02 · Norway: 6.51
Average age of active businesses11.3 yrs · Norway: 11.5
Younger than 2 years29% · Norway: 17%
Older than 10 years33% · Norway: 41%

A young market: many recent start-ups, dynamic, but less proven.

Moving in and out

Moved here (3 years)0 · 12 months: 0
Moved away (3 years)0 · 12 months: 0
Net0

A move is a place of business closing and the same company opening one in another area within 90 days. Chains are left out. A business that moves and keeps its place-of-business number isn't counted here yet, so the real number of moves is higher.

Distance to the nearest one

Residents more than 5 km from one0 · 0%
More than 10 km0
Farthest parish (5,000+ residents)0.4 km · Narvik sogn (Narvik)

Measured from each parish centre in the municipality.

Existing businesses

21 in all, newest first.

NameAddressSince
· Enkeltpersonforetak Furuhågen 4, 8540 Ballangen 2026
· Enkeltpersonforetak Eideveien 44, 8540 Ballangen 2025
· Konkursbo Bjørkåsveien 93, 8540 Ballangen 2025
· Enkeltpersonforetak Bjørkåsveien 93, 8540 Ballangen 2025
· Enkeltpersonforetak Aspheim 5, 8540 Ballangen 2025
· Aksjeselskap Bjørkåsveien 93, 8540 Ballangen 2025
· Aksjeselskap Storfjellveien 298, 8540 Ballangen 2023
· Aksjeselskap Bjørkåsveien 20B, 8540 Ballangen 2022
· Aksjeselskap Bjørkåsveien 104, 8540 Ballangen 2021
· Aksjeselskap Vassli-E6 329, 8540 Ballangen 2021
· Aksjeselskap Sletta-FV819 18, 8540 Ballangen 2020
· Aksjeselskap Stor-Ballangen-E6 160, 8540 Ballangen 2020
· Aksjeselskap Stor-Ballangen-E6 15, 8540 Ballangen 2019
· Aksjeselskap Bøstrand, 8540 Ballangen 2017
· Aksjeselskap Husvannvegen 12, 8540 Ballangen 2015
· Aksjeselskap Ballangen, 8540 Ballangen 2011
· Enkeltpersonforetak Bjørkåshøgda 12, 8540 Ballangen 2011
· Enkeltpersonforetak Forsaveien 276, 8540 Ballangen 2008
· Aksjeselskap Bjørkåsveien 18C, 8540 Ballangen 1996
· Aksjeselskap 1991
· Aksjeselskap Arnes-E6 115, 8540 Ballangen 1973

Recently opened


Furuhågen 4, 8540 Ballangen
Mar 2026

Eideveien 44, 8540 Ballangen
Nov 2025

Bjørkåsveien 93, 8540 Ballangen
Oct 2025

Bjørkåsveien 93, 8540 Ballangen
Sep 2025

Aspheim 5, 8540 Ballangen
Jun 2025

Bjørkåsveien 93, 8540 Ballangen
Jan 2025

Recently closed

None in the last 2 years.

Comparable areas

Same type of area, similar population.

AreaResidentsActivePer 10kScore
3209 Sandefjord1,9951155.147
3404 Lier1,995840.156
0286 Oslo1,9941995.319
1664 Rolvsøy1,99322110.433
1746 Skjeberg2,00020100.034
5005 Bergen1,992525.159

Other areas nearby

Ranked by opportunity score for building contractor.

AreaActivePer 10kScore
8515 Narvik Postcode832.861
8520 Ankenes Postcode930.254
8516 Narvik Postcode1342.852
8517 Narvik Postcode1350.846
8530 Bjerkvik Postcode957.241
8521 Ankenes Postcode989.629
8514 Narvik Postcode35108.021

Population of Ballangen

Statistics Norway
1,9001,9502,0002,0502,1002,150202120252026Residents

Who lives here

Statistics Norway · 2026
Children 0–15 14%
Young 16–24 10%
Adults 25–49 25%
Adults 50–66 25%
Seniors 67–79 18%
80 and older 7%

The line marks the average for Norway. Highlighted: the age group most relevant for building contractor.

Average age46.6 yrs · Norway: 41.8
Median household income after tax*NOK 654k · Norway: NOK 676k
Households with children*21% · Norway: 23%
Higher education (age 16+)*32% · Norway: 38%
Jobs located here*10,064
Commute in / out every day*712 / 1,143
Jobs per working resident*0.96 · Norway: 1.00

Roughly as many jobs as working residents.

* Figure for the municipality – Statistics Norway does not publish it for smaller areas.

Counts are places of business (sub-units) registered in the Central Coordinating Register (Brønnøysund) with a main industry code in this category. Businesses are placed by their registered address; trades like electricians often work across a wider area – use the radius view. Statistics updated 15.11.2026.