Business development in Balsfjord
How jobs have changed, where the municipality is exposed, and which industries are related to its strengths. The figures show relationships, not recommendations. Back to Balsfjord
Change in jobs 2020–2025
The number of jobs in Balsfjord changed by +106 (+4.8%) from 2020 to 2025, against +8.7% in Norway. The table splits the change in three parts.
| Part | Jobs | What it means |
|---|---|---|
| National growth | +192 | If every industry in the municipality had grown like jobs in Norway (+8.7%). |
| Industry mix | −39 | Added or lost because the municipality has many jobs in industries growing faster or slower than Norway. |
| Local conditions | −47 | The rest: the industries did better or worse here than the same industries in Norway. |
| Total change | +106 | From 2,193 to 2,299 jobs in the industries included. |
Industries that did better here than in Norway
| Industry (SN2007) | Change | Growth here | Growth in Norway |
|---|---|---|---|
| Helsetjenester 86 | +77 | +56% | +13% |
| Spesialisert bygge- og anleggsvirksomhet 43 | +37 | +35% | +4% |
| Landtransport og rørtransport 49 | +23 | +35% | +8% |
| Detaljhandel, unntatt med motorvogner 47 | +22 | +16% | +4% |
| Produksjon av drikkevarer 11 | +20 | +38% | +12% |
Industries that did worse here than in Norway
| Industry (SN2007) | Change | Growth here | Growth in Norway |
|---|---|---|---|
| Pleie- og omsorgstjenester i institusjon 87 | −47 | −17% | +6% |
| Sosiale omsorgstjenester uten botilbud 88 | −43 | −23% | +2% |
| Oppføring av bygninger 41 | −37 | −30% | −3% |
| Undervisning 85 | −13 | −6% | +4% |
| Handel med og reparasjon av motorvogner 45 | −12 | −31% | +10% |
Employed persons by workplace and industry (SN2007, 2-digit), 4th quarter (SSB 13470). The tables are sorted by local conditions: the change beyond what national growth and the industry mix explain. 2 industries without figures in both years are left out.
How dependent is the municipality on a few industries?
- Share of jobs in the three largest industries
- 29%
- Median in the municipality group: 34%
- Industries with jobs
- 45
- Concentration (HHI, 0–10,000)
- 593
- Median in the municipality group: 694
Jobs are spread over industries about as in similar municipalities.
The largest company we follow with its business address in the municipality has 92 employees in the whole company: A PEDERSEN & SØNN LASTEBILTRANSPORT AS.
HHI is the sum of squared shares: a higher number means jobs are concentrated in fewer industries. Employees count the whole company, not only jobs in the municipality.
Strengths and related industries
The municipality has a larger share of jobs than Norway in: Jordbruk og tjenester tilknyttet jordbruk, jakt og viltstell, Fiske, fangst og akvakultur, Produksjon av nærings- og nytelsesmidler, Produksjon av drikkevarer, Produksjon av andre ikke-metallholdige mineralprodukter, Reparasjon og installasjon av maskiner og utstyr, Innsamling, behandling, disponering og gjenvinning av avfall, Oppføring av bygninger. and 8 more.
| Industry (SN2007) | Closeness to the municipality's strengths | Most related to |
|---|---|---|
| Sosiale omsorgstjenester uten botilbud 88 | 50% | Jordbruk og tjenester tilknyttet jordbruk, jakt og viltstell, Pleie- og omsorgstjenester i institusjon, Spesialisert bygge- og anleggsvirksomhet |
| Tjenester tilknyttet eiendomsdrift 81 | 40% | Landtransport og rørtransport, Spesialisert bygge- og anleggsvirksomhet, Detaljhandel, unntatt med motorvogner |
| Anleggsvirksomhet 42 | 36% | Overnattingsvirksomhet, Jordbruk og tjenester tilknyttet jordbruk, jakt og viltstell, Oppføring av bygninger |
| Skogbruk og tjenester tilknyttet skogbruk 02 | 35% | Detaljhandel, unntatt med motorvogner, Landtransport og rørtransport, Spesialisert bygge- og anleggsvirksomhet |
| Handel med og reparasjon av motorvogner 45 | 35% | Detaljhandel, unntatt med motorvogner, Landtransport og rørtransport, Spesialisert bygge- og anleggsvirksomhet |
Related industries often appear together with the municipality's strengths in other municipalities, are not a strength here, and grow in Norway. Closeness shows how much of what usually comes with the industry the municipality already has. It is a starting point for questions, not a recommendation.
The companies driving growth
- A PEDERSEN & SØNN LASTEBILTRANSPORT AS +103 MNOK in revenue in 2024 (+184%)
- NYSTED AS +15 MNOK in revenue in 2025 (+11%)
- SAMI SHOP AS +8 MNOK in revenue in 2025 (+32%)
- BRØDRENE KARLSEN ANLEGGSDRIFT AS +7 MNOK in revenue in 2025 (+15%)
- BALSFJORD RØRSERVICE AS +6 MNOK in revenue in 2025 (+899%)
Companies in the sectors we follow, with their business address in the municipality, sorted by the increase in revenue from the year before (NOK accounts only).
Indications based on open data. Not advice. Methodology
Source: Statistics Norway (SSB), table 13470. CC BY 4.0. Company figures: our calculations from annual accounts (Brønnøysund Register Centre).