Industry · municipality
Knit Store in Frogn: Industry Analysis and Outlook
A detailed overview of the industry, companies, and development in Frogn municipality
Executive Summary
Industry Overview
The knit store industry in Frogn is a small but dynamic sector with 5 registered companies. The industry has been marked by significant variations in sales and number of employees over time, with a peak in 2018 and a sharp decline in 2019. There has been some stabilization in recent years, but the development has been uneven. The companies primarily operate in Drøbak, with one sole proprietorship in Nordre Frogn. The industry has also been marked by financial challenges, such as the negative equity at Filthy Stiches and high debt at Kjeller'n Gaver.
Economic Overview
Sales and Employees Over Time
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 4.7M | 6 |
| 2017 | 4.4M | 6 |
| 2018 | 5.3M | 6 |
| 2019 | 599K | 5 |
| 2020 | 1.0M | 0 |
| 2021 | 1.1M | 0 |
| 2022 | 881.6K | 1 |
| 2023 | 772.6K | 0 |
| 2024 | 868.6K | 0 |
| 2025 | 1.0M | 0 |
Sales experienced a sharp decline of 88.6% from 2018 to 2019, but some stabilization in 2020–2025. The number of employees had a dramatic decline from 6 to 0 in 2020, with a brief increase in 2022. The industry has been marked by significant variations, but there has been some improvement in recent years.
Companies in the Industry
The following companies are registered in the knit store industry in Frogn:
- Kjeller'n Gaver, Garn Og Hobby As (Tomtaveien 18, Drøbak) – AS (limited liability company), 1 employee, sales of 826K NOK, equity of 458K NOK, but high debt of 724K NOK.
- Drøbak Markiseservice Ans (Åmålveien 17A, Drøbak) – ANS (non-profit association), 0 employees, no operating profit.
- Filthy Stiches As (Snekkerveien 13, Nordre Frogn) – AS (limited liability company), 0 employees, but high operating profit of 226K NOK and negative equity of 1.3M NOK.
- Maskedrømmen As (Storgata 2, Drøbak) – AS (limited liability company), 0 employees, no operating profit.
- Næss Enterprise (Skogveien 17, Drøbak) – ENK (sole proprietorship), 0 employees, no operating profit.
Organizational Form
There is one AS in the industry, with 1 employee, and a debt ratio of 160% (724K NOK debt vs. 458K NOK equity).
Business Geography
Drøbak is the main hub for the knit store industry in Frogn, with 4 companies registered in the municipality. The sole proprietorship Filthy Stiches As is located in Nordre Frogn. There are no companies registered in other parts of Frogn. Drøbak has a dominant role in the industry, with companies such as Kjeller'n Gaver, Drøbak Markiseservice, and Maskedrømmen. Nordre Frogn has a smaller, but not insignificant, presence with Filthy Stiches.
Business Dynamism
Bankruptcies and Financial Challenges
None of the registered companies in the knit store industry in Frogn are bankrupt, but there is a certain degree of financial challenges. Filthy Stiches As has negative equity of 1.3M NOK and high debt of 3.1M NOK, despite a positive operating profit. Kjeller'n Gaver has a debt ratio of 160% (724K NOK debt vs. 458K NOK equity). Drøbak Markiseservice, Maskedrømmen, and Næss Enterprise have no operating profit, which may indicate that they are in an early stage or have specific challenges.
Outlook
Outlook for Entrepreneurs
The knit store industry in Frogn has an uneven history, but there has been some stabilization in recent years. With 5 companies and a certain level of activity in Drøbak, it may be possible to find a niche. However, it is important to be aware of the financial challenges, such as high debt and negative equity at certain companies. Entrepreneurs should consider building on stable models and be prepared for unpredictable market conditions. SmartGrunder can help find suitable locations in Frogn for this industry.
Outlook for the Broader Industry
Creative, Arts, and Entertainment Activities-industry in Frogn has 53 companies, showing that the knit store industry is a small part of a larger sector. Sales in the broader industry had a decline of 21.9% from 2024 to 2025, while the knit store industry had an increase of 19.4% in the same period. The number of employees in the broader industry had a decline of 0.9% from 2025 to 2026, while the knit store industry had an increase of 0.0% in the same period. Peer companies in the broader industry include well-known names such as Lindex As Avd Drøbak City (14.6M NOK sales, 11 employees) and Butterfly Drøbak As (7.6M NOK sales, 17 employees). These companies show that it is possible to achieve higher sales and employment in the broader industry, even though the knit store industry has a smaller scale.
Other companies in kreative, kunst og underholdningsaktiviteter (not in knit store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Kappahl As Avd 380 Drøbak | clothing store | Amfi Drøbak City, 1440 | NOK 10.1M | 6 | NOK 1.2M |
| Butterfly Drøbak As | clothing store | Bjerkeveien 10, 1446 Drøbak | NOK 7.6M | 17 | NOK 1.1M |
| Mysen Euro Sko As Avd Eurosko Drøbak | footwear store | Holterveien 3, 1448 Drøbak | NOK 8.0M | 7 | NOK 622.3K |
| Lindex As Avd Drøbak City | clothing store | Holterveien 3, 1448 Drøbak | NOK 14.6M | 11 | NOK 539.0K |
| Anneks Drøbak As | clothing store | Torggata 1, 1440 Drøbak | NOK 10.6M | 14 | NOK 512.0K |
| Hamborg As | clothing store | Torggata 6, 1440 Drøbak | NOK 4.2M | 6 | NOK 426.0K |
| Rolfsen As | footwear store | Niels Carlsens gate 6, 1440 Drøbak | NOK 3.9M | 3 | NOK 308.0K |
| Vizahl As | clothing store | Torget 7, 1440 Drøbak | NOK 2.5M | 1 | NOK 162.0K |
| Rosenquist As | clothing store | Niels Carlsens gate 7A, 1440 Drøbak | NOK 3.5M | 4 | NOK 29.0K |
| Bogerud Tekstil Sør As Avd Drøbak | clothing store | Holterveien 3, 1448 Drøbak | NOK 7.3M | 9 | NOK 21.5K |
| Angels & Cowboys Therese Meholm | clothing store | Amfi Drøbak City|Holterveien 3, 1448 | NOK 0 | 0 | NOK 0 |
| Anne Elise Saxebøl | second-hand goods store | Strandveien 9, 1444 Drøbak | NOK 0 | 0 | NOK 0 |
| Athletix As | clothing store | Sagaveien 13, 1443 Drøbak | NOK 0 | 5 | NOK 0 |
| Avrot As | clothing store | Husvikholmen 10, 1443 Drøbak | NOK 0 | 0 | NOK 0 |
| B.young Drøbak | clothing store | Holterveien 3, 1448 Drøbak | NOK 0 | 6 | NOK 0 |
| Bunadrosen As | clothing store | Wienerbrødskjæringa 3, 1440 Drøbak | NOK 0 | 4 | NOK 0 |
| Bunadrosen Holding As | clothing store | Wienerbrødskjæringa 3, 1440 Drøbak | NOK 0 | 0 | NOK 0 |
| Cocos As | clothing store | Sogstiveien 105, 1446 Drøbak | NOK 0 | 0 | NOK 0 |
| Doeds Heinimann | clothing store | Vestre Åslund 23F, 1445 Drøbak | NOK 0 | 0 | NOK 0 |
| Doeds Heinimann | clothing store | Vestre Åslund 23F, 1445 Drøbak | NOK 0 | 0 | NOK 0 |
| Era Store As | clothing store | Niels Carlsens gate 4, 1440 Drøbak | NOK 0 | 0 | NOK 0 |
| Frank Antoine Kleinheyer | second-hand goods store | Øvre Villaveien 5, 1443 Drøbak | NOK 0 | 0 | NOK 0 |
| Glenne Ranveig | clothing store | Glenneveien 336, 1455 Nordre Frogn | NOK 0 | 0 | NOK 0 |
| Kerr Little Rebel & Roots Co | clothing store | Haslumholtet 8, 1455 Nordre Frogn | NOK 0 | 0 | NOK 0 |
| Kolbotn Klær Drøbak As | clothing store | Holterveien 3, 1448 Drøbak | NOK 0 | 5 | NOK 0 |
| Lunatix Designs V / Heidi Synnøve Bakke | second-hand goods store | Sorenskriver Ellefsens vei 7, 1443 Drøbak | NOK 0 | 0 | NOK 0 |
| Marianne Voldene As | clothing store | c/o Marianne Voldene|Holterteigen 6A, 1447 Drøbak | NOK 0 | 1 | NOK 0 |
| Messalina Ans | clothing store | Torggata 1, 1440 Drøbak | NOK 0 | 0 | NOK 0 |
| Mystic Universal As | clothing store | Trollstigen 8, 1446 Drøbak | NOK 0 | 0 | NOK 0 |
| Norett By Kin | clothing store | Niels Carlsens gate 6, 1440 Drøbak | NOK 0 | 0 | NOK 0 |
| Nowi Invest As | clothing store | Storgata 1, 1440 Drøbak | NOK 0 | 0 | NOK 0 |
| Opc Integrated Services As | second-hand goods store | Ullerudåsen 3, 1447 Drøbak | NOK 0 | 0 | NOK 0 |
| Proff Selger Zubkov | clothing store | Røsslyngveien 7, 1444 Drøbak | NOK 0 | 0 | NOK 0 |
| Proff Selger Zubkov | clothing store | Røsslyngveien 7, 1444 Drøbak | NOK 0 | 0 | NOK 0 |
| Pust Lett Randhawa | clothing store | Johsvas vei 7, 1448 Drøbak | NOK 0 | 0 | NOK 0 |
| Shanthi As | clothing store | Torggata 1, 1440 Drøbak | NOK 0 | 0 | NOK 0 |
| Sidaro Shikho | clothing store | Heerveien 11A, 1445 Drøbak | NOK 0 | 0 | NOK 0 |
| Sidaro Shikho | clothing store | Heerveien 11A, 1445 Drøbak | NOK 0 | 0 | NOK 0 |
| Sitrus Second Hand Larsen | second-hand goods store | Lindtruppbakken 5, 1440 Drøbak | NOK 0 | 0 | NOK 0 |
| Strandscot As | clothing store | Brevikveien 67, 1455 Nordre Frogn | NOK 0 | 0 | NOK 0 |
Conclusion
The knit store industry in Frogn is a small but dynamic sector with both challenges and opportunities. With 5 companies and a certain level of activity in Drøbak, it may be possible to find a niche. However, it is important to be aware of the financial challenges, such as high debt and negative equity at certain companies. The broader industry (creative, arts, and entertainment activities) has a larger scale and better sales development, which can provide inspiration for entrepreneurs. SmartGrunder can help find suitable locations in Frogn for this industry.