Knit Store in Eigersund: An Analysis of Companies, Statistics, and Outlooks

Industry Overview

In Eigersund, there are 3 companies registered within the knit store industry. The most central operation is Toves Garn & Brukskunst As, which operates from Storgaten 19B in Egersund and has 4 employees. The company reports sales revenue of NOK 3.0 million and an operating profit of -NOK 167,000. This business is an AS with total equity of NOK 1.1 million and debt of NOK 404,000. The other two companies, Nabogarn Vanja Madland and Systuå As, have not reported activity in recent years.

The industry has a negative EBITDA margin of -5% and an operating margin of -5%, indicating challenges in generating profit. Nevertheless, there is a certain level of stability in the number of employees, with an increase from 3 to 4 employees between 2021 and 2023.

Sales Development: Sales for knit store companies in Eigersund have shown variations over the years, increasing from NOK 0 in 2016 to NOK 3.0 million in 2020, before decreasing to NOK 2.4 million in 2023. There has been an increase of 12.7% from 2024 to 2025, indicating some degree of stabilization.

Employee Development: The number of employees has varied between 3 and 5 over the years, with an increase from 3 employees in 2016 to 5 employees in 2024. There is a negative EBITDA margin of -5% for Toves Garn & Brukskunst As, which is the only active company.

Financial Key Figures: Toves Garn & Brukskunst As has a gross profit margin of 46% and an operating margin of -5%, indicating that costs and operational challenges affect profitability.

In Eigersund, there are 3 companies registered within the knit store industry, as follows:

Legal Form: The only active company, Toves Garn & Brukskunst As, is an AS. The other two companies are ENKs, but have not reported activity in recent years.

All companies within the knit store industry in Eigersund are located in Egersund. There is 1 active company in Egersund, with a total of 4 employees. The business reports operating revenue of NOK 3.0 million and sales revenue of NOK 3.0 million. No companies are registered in other parts of the municipality.

Egersund: 1 company, 4 employees, operating revenue NOK 3.0M, sales revenue NOK 3.0M, wages NOK 901.0K, operating profit NOK -167.0K, EBITDA NOK -161.0K, gross profit NOK 1.4M, total equity NOK 1.1M, total debt NOK 404.0K, sales growth 12%, operating revenue per employee NOK 715.0K, EBITDA margin -5%, EBITDA per employee NOK -38.4K, gross profit margin 46%, operating margin -5%.

Bankruptcies: There are no bankruptcies registered for companies within the knit store industry in Eigersund. Nevertheless, Toves Garn & Brukskunst As shows a negative EBITDA margin of -5% and an operating margin of -5%, indicating challenges in generating profit.

Sales Development: Sales have shown variations over the years, with an increase from NOK 0 in 2016 to NOK 3.0 million in 2020, before decreasing to NOK 2.4 million in 2023. There has been an increase of 12.7% from 2024 to 2025.

Employee Development: The number of employees has varied between 3 and 5 over the years, with an increase from 3 employees in 2016 to 5 employees in 2024.

Outlook for Entrepreneurs

For entrepreneurs considering establishing themselves within the knit store industry in Eigersund, it is important to be aware of both opportunities and challenges. The industry has shown stabilization in sales with an increase of 12.7% from 2024 to 2025, which may indicate some degree of improvement. Nevertheless, the only active company, Toves Garn & Brukskunst As, has a negative EBITDA margin of -5%, indicating challenges in generating profit.

Opportunities: There are opportunities to leverage the existing infrastructure and customer base in Eigersund. It may also be beneficial to collaborate with local companies and organizations to strengthen market position.

Challenges: There are challenges in achieving a positive EBITDA and operating margin, which requires effective cost control and differentiation of the offering. Entrepreneurs should also be aware of local competitors and market conditions.

Overall Industry: The overarching industry creative, arts, and entertainment activities in Eigersund has 27 companies and sales revenue of NOK 104.8 million in 2025. There is a decrease of 7.4% from 2024 to 2025, but an increase of 10.5% from 2022 to 2023. This industry has higher sales revenue compared to the knit store industry, but also a lower EBITDA margin.

Peer Companies: Current peer companies in the overarching industry include Kappahl As Avd 379 Egersund, Dressmann As Avd 242 Eigersund Lindøyveien, and Endre As. These companies have higher sales revenue and higher EBITDA compared to the knit store industry. For example, Kappahl As Avd 379 Egersund has sales revenue of NOK 15.1 million and EBITDA of NOK 1.7 million.

Contrast: The overarching industry has higher sales revenue and more companies compared to the knit store industry. Nevertheless, the knit store industry has a higher gross profit margin (46%) compared to the overarching industry, which may indicate better cost control.

The knit store industry in Eigersund is a niche market with 3 companies and a negative EBITDA margin of -5%. The most central business, Toves Garn & Brukskunst As, has sales revenue of NOK 3.0 million and 4 employees. The industry has shown stabilization in sales with an increase of 12.7% from 2024 to 2025, but there are challenges in achieving a positive EBITDA and operating margin.

Opportunities: There are opportunities to leverage the existing infrastructure and customer base in Eigersund. Entrepreneurs should also be aware of local competitors and market conditions.

Recommendation: Entrepreneurs should consider collaborating with local companies and organizations to strengthen market position. It may also be beneficial to focus on effective cost control and differentiation of the offering to achieve a positive EBITDA and operating margin.