Knit Store Industry in Bærum: A Comprehensive Analysis

The knit store industry in Bærum is a small but active sector with 21 registered companies. In recent years, the industry has been marked by a decline in both sales and number of employees, with a total sales decline of 28.2% from 2024 to 2025. Nevertheless, there are several established companies that have been in operation since the 1970s, indicating a certain level of stability. The industry is spread across several districts in Bærum, with a focus on Sandvika, Fornebu, and Bærums Verk. For entrepreneurs, this can be a challenge, but also an opportunity to find niche markets in a competitive sector.

From 2016 to 2026, sales in the knit store industry in Bærum have shown a complex development. A decline of 28.2% was recorded from 2024 to 2025, which is one of the most significant declines in the period. The number of employees has also been on a downward trend, with a total decline of 45.2% from 2016 to 2026. This development shows that the industry has been affected by economic and market-related factors, even though there have been periods of minor improvements. For example, sales increased by 8.7% from 2020 to 2021, but this was soon overtaken by a new decline.

In Bærum, there are 21 companies registered in the knit store industry. The main companies include Rett Og Vrang As in Sandvika, Strikkemagi As in Fornebu, and Fru Amundsens As in Bærums Verk. These companies have varying numbers of employees, ranging from 11 to 2, and show different financial results. Most companies are organized as AS, with 6 companies and 27 employees in total. There are also some companies organized as ENK and NUF, but these have no employees and show no income. This shows that the industry consists of both established companies and new, smaller companies in the start-up phase.

The industry is spread across several districts in Bærum, with a focus on Sandvika, Fornebu, and Bærums Verk. Sandvika has the highest number of companies (1) and employees (11), with a sales volume of NOK 7.2 million. Fornebu also has a significant number of companies (2) and employees (6), with a sales volume of NOK 10.2 million. Bærums Verk has 1 company and 4 employees, with a sales volume of NOK 2.6 million. Rud and Lommedalen also have companies, but with fewer employees and sales volume. This shows that Sandvika and Fornebu are the most central districts for the industry.

The industry has been marked by relative stability in terms of bankruptcy. No bankruptcies have been registered in the knit store industry in Bærum in recent years. This shows that the companies have been able to handle economic challenges without going bankrupt. Nevertheless, several companies have experienced a decline in sales and operating profit, which can be an indication of economic pressure. For example, Fru Amundsens As in Bærums Verk had a negative operating profit of NOK -184,000 in 2024, showing that there may be challenges for certain companies.

For entrepreneurs in the knit store industry in Bærum, there can be both challenges and opportunities. This industry has shown a decline in sales and number of employees in recent years, which can be an indication of a highly competitive market area. Nevertheless, there are several established companies that have been in operation since the 1970s, showing that there may be opportunities to find niche markets. Entrepreneurs should also be aware of the economic challenges, such as the negative operating profits of certain companies. It may be an advantage to analyze these challenges thoroughly before starting a new business.

Creative, arts, and entertainment activities are a broader sector that includes the knit store industry. This sector has shown a more stable development compared to the knit store industry. From 2016 to 2026, the sector had a total sales decline of 77.7%, which is significant, but there are also periods of improvement. For example, the sector had an increase of 9.2% from 2021 to 2022. There are also more companies in this sector, with 284 companies compared to 21 in the knit store industry. This shows that the sector is more diversified and can be a better choice for entrepreneurs seeking a more stable market. Nevertheless, the knit store industry can be a specialized part of this sector, which can provide opportunities for niche markets.

The knit store industry in Bærum is a small but active sector with both challenges and opportunities. This industry has shown a decline in sales and number of employees in recent years, which can be an indication of a highly competitive market area. Nevertheless, there are several established companies that have been in operation since the 1970s, showing that there may be opportunities to find niche markets. Entrepreneurs should also be aware of the economic challenges, such as the negative operating profits of certain companies. It may be an advantage to analyze these challenges thoroughly before starting a new business. SmartGrunder can help entrepreneurs find suitable addresses in Bærum for this industry, which can be an important factor for success.