Industry · municipality
Knit Store in Grimstad: Industry Analysis and Outlook
A detailed overview of companies, statistics, and opportunities in Grimstad for the knit store industry
Executive Summary
The knit store industry in Grimstad is a small but growing sector with 6 registered companies. The most significant player is Garnuniverset As, which operates with 10 employees and achieved a revenue of NOK 5.6 million in 2025. The industry shows stable revenue growth (28% annual growth from 2024 to 2025) and a gradual increase in the number of employees, although there have been variations over time. There are no registered bankruptcies in the industry, indicating a stable industrial environment. SmartGrunder can help entrepreneurs find suitable locations in Grimstad for this industry.
Economic Overview
Revenue: The industry has shown strong revenue growth over the years, with an annual growth rate of 28% from 2024 to 2025. Total revenue in 2025 was NOK 5.8 million, an increase from NOK 4.5 million in 2024. The most significant player, Garnuniverset As, had a revenue of NOK 5.6 million in 2025.
Employees: The number of employees in the industry has grown from 0 in 2016 to 9 in 2026, with a growth of +12.5% from 2025 to 2026. Garnuniverset As is the only player with employees (10 people) in 2025, while the other companies have 0 employees.
Margins: Garnuniverset As had an EBITDA margin of 5% in 2025, while the other companies had 0 margins due to 0 revenue.
Companies in the Industry
In Grimstad, there are 6 companies in the knit store industry, with the following details:
| Company | Location | Legal Form | Employees | Revenue (2025) | EBITDA (2025) |
|---|---|---|---|---|---|
| Garnuniverset As | Odden 1D, Grimstad | AS | 10 | NOK 5.6M | NOK 321K |
| Bjørnshage Modello Classic | Vindveien 9, Grimstad | ENK | 0 | NOK 0 | NOK 0 |
| Fiskenerden.no As | Gleden 16, Grimstad | AS | 0 | NOK 0 | NOK 0 |
| Fjære | Vestregate 5, Grimstad | ENK | 0 | NOK 0 | NOK 0 |
| Lekematten Olsen | Arendalsveien 150D, Grimstad | ENK | 0 | NOK 0 | NOK 0 |
| Mormora Til Mauritz As | Storgaten 26, Grimstad | AS | 0 | NOK 226K | NOK 81K |
Legal Forms: There is 1 AS and 5 ENK companies in the industry. Garnuniverset As is the only AS company with employees and revenue.
Business Geography
All companies in the knit store industry in Grimstad are located in Grimstad. The most significant locations are:
- Odden 1D (Garnuniverset As)
- Vindveien 9 (Bjørnshage Modello Classic)
- Gleden 16 (Fiskenerden.no As)
- Vestregate 5 (Fjære)
- Arendalsveien 150D (Lekematten Olsen)
- Storgaten 26 (Mormora Til Mauritz As)
There is 1 active location in Grimstad with companies in this industry, and all companies are registered in the municipality.
Business Dynamics
Bankruptcy Statistics: There are no registered bankruptcies in the knit store industry in Grimstad from 2016 to 2026, indicating a stable industrial environment.
Growth and Variations: The industry has shown growth in revenue and number of employees over time, although there have been variations. For example, the number of employees decreased from 6 in 2021 to 4 in 2022, before increasing again to 9 in 2026. Revenue decreased from NOK 3.8M in 2021 to NOK 3.6M in 2022, before increasing to NOK 5.8M in 2025.
Stability: Garnuniverset As has been the most stable player in the industry, with continuous revenue and employees over time.
Outlook
Outlook for Entrepreneurs
The knit store industry in Grimstad shows stable growth trends and low bankruptcy risk, making it an attractive sector for entrepreneurs. Garnuniverset As is a good example of a successful player with 10 employees and a revenue of NOK 5.6 million in 2025. Entrepreneurs should, however, be aware of competition from other companies in the industry, especially in a municipality with a larger parent industry (creative, art, and entertainment activities) that has 68 companies. It is also important to consider location factors, as all companies in the industry are located in Grimstad, and competition can be intense in central areas such as Odden and Storgaten.
Outlook for the Parent Industry
Parent Industry: The creative, art, and entertainment activities industry in Grimstad has 68 companies, showing that it is a larger and more diversified industry compared to the knit store industry. This parent industry had a revenue of NOK 47 million in 2025, with an annual growth rate of -38.2% from 2024 to 2025. The number of employees in the parent industry grew by +3.9% from 2025 to 2026, from 128 to 133 employees.
Peer Companies: Current peer companies in the parent industry include:
| Company | Industry | Revenue (2025) | EBITDA (2025) | Employees |
|---|---|---|---|---|
| Match Odden Avd 330 | Clothing Store | NOK 8.8M | NOK 1.9M | 7 |
| Nor Ice Trading As | Second-hand Store | NOK 2.4M | NOK 1.5M | 0 |
| Dressmann As Avd 231 Grimstad | Clothing Store | NOK 6.8M | NOK 1.1M | 5 |
Contrast: While the knit store industry has a higher EBITDA margin (5%) compared to the parent industry (which has a lower margin), the parent industry has more companies and higher revenue. Entrepreneurs should consider whether they want to compete in a larger, more diversified industry or focus on a specialized, stable industry such as knit store.
Other companies in kreative, kunst og underholdningsaktiviteter (not in knit store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Match Odden Avd 330 | clothing store | Odden 1, 4876 Grimstad | NOK 8.8M | 7 | NOK 1.9M |
| Nor Ice Trading As | second-hand goods store | Hasseldalen 28, 4878 Grimstad | NOK 2.4M | 0 | NOK 1.5M |
| Dressmann As Avd 231 Grimstad | clothing store | Odden 1, 4876 Grimstad | NOK 6.8M | 5 | NOK 1.1M |
| Pandoras As | clothing store | Fevik Senter, 4870 | NOK 5.9M | 5 | NOK 1.0M |
| Husflidstua As | national clothing store | Storgaten 32, 4876 Grimstad | NOK 11.0M | 17 | NOK 516.0K |
| Familiebutikken.no As | clothing store | Bergemoveien 45, 4886 Grimstad | NOK 8.2M | 0 | NOK 387.0K |
| Mørland Sko As Avd Oddensenteret | footwear store | Vesterled 5, 4876 Grimstad | NOK 5.2M | 6 | NOK 265.5K |
| Veslas Boutique Grimstad As | clothing store | Storgaten 17, 4876 Grimstad | NOK 2.8M | 5 | NOK 74.0K |
| Snefrids Hus Ltd Nuf | clothing store | Sandkjærveien 50, 4886 Grimstad | NOK 995.0K | 12 | NOK 25.0K |
| Karrierevei Kurs As | clothing store | Tiurveien 12, 4879 Grimstad | NOK 8.0K | 0 | NOK 5.0K |
| Outlet Kids As | clothing store | Bergemoveien 45, 4886 Grimstad | NOK 85.0K | 0 | NOK 2.0K |
| Outlet Kids As | clothing store | Bergemoveien 45, 4886 Grimstad | NOK 85.0K | 0 | NOK 2.0K |
| Alfabeta As | clothing store | Bergemoveien 5, 4886 Grimstad | NOK 0 | 2 | NOK 0 |
| Amenya Golf | clothing store | Kjekstadveien 199, 4888 Homborsund | NOK 0 | 0 | NOK 0 |
| B.young Grimstad | clothing store | Vesterled 5, 4876 Grimstad | NOK 0 | 7 | NOK 0 |
| Boutique Adelin Ans | clothing store | Torvet, 4876 Grimstad | NOK 0 | 0 | NOK 0 |
| Boutique De Nim As | clothing store | c/o Jens Christian Petersen|Bioddgaten 4, 4878 Grimstad | NOK 0 | 0 | NOK 0 |
| Cubus Grimstad Avd 81f | clothing store | Odden 1, 4876 Grimstad | NOK 0 | 11 | NOK 0 |
| Donna Del Mar V/wenche Engebretsen | clothing store | Henrik Ibsens gate 12, 4878 Grimstad | NOK 0 | 0 | NOK 0 |
| Ei Hjelpende Hånd | second-hand goods store | Bergemoveien 25, 4886 Grimstad | NOK 0 | 0 | NOK 0 |
| Elevate By Lyko | clothing store | Gullsmedfladen 20, 4885 Grimstad | NOK 0 | 0 | NOK 0 |
| Eurosko Odden | footwear store | Vesterled 5, 4876 Grimstad | NOK 0 | 5 | NOK 0 |
| Fjeld Kort Og Samling | second-hand goods store | Langhaven 1B, 4878 Grimstad | NOK 0 | 0 | NOK 0 |
| Fjeld Kort Og Samling | second-hand goods store | Langhaven 1B, 4878 Grimstad | NOK 0 | 0 | NOK 0 |
| Frøydis Stubhaug | clothing store | Lille Imås 25, 4885 Grimstad | NOK 0 | 0 | NOK 0 |
| Gabrielsen Ecommerce | clothing store | Lille Imås 7, 4885 Grimstad | NOK 0 | 0 | NOK 0 |
| Glory Center Al Shlian | second-hand goods store | Lillesandsveien 25, 4877 Grimstad | NOK 0 | 0 | NOK 0 |
| Glory Center Al Shlian | second-hand goods store | Lillesandsveien 25, 4877 Grimstad | NOK 0 | 0 | NOK 0 |
| Grimstad Retail As | clothing store | Odden 1D, 4876 Grimstad | NOK 0 | 5 | NOK 0 |
| Grimstad Salg & Service As | second-hand goods store | Morholt 58, 4887 Grimstad | NOK 0 | 0 | NOK 0 |
| Grimstad Salg & Service As | second-hand goods store | Morholt 58, 4887 Grimstad | NOK 0 | 0 | NOK 0 |
| Guldsmedkleiva Brukt & Antikk Østlien | second-hand goods store | Holbekkveien 27, 4886 Grimstad | NOK 0 | 0 | NOK 0 |
| Heen Valinskas Gjenbruk | second-hand goods store | Sømsveien 25, 4870 Fevik | NOK 0 | 0 | NOK 0 |
| Hoppin As | clothing store | Industriveien 21, 4879 Grimstad | NOK 0 | 0 | NOK 0 |
| Hugr Og Hamr As | clothing store | Judehavskleiva 40, 4870 Fevik | NOK 0 | 0 | NOK 0 |
| Høyer Grimstad As Avdeling Grimstad | clothing store | Skolegaten 7, 4876 Grimstad | NOK 0 | 9 | NOK 0 |
| Inteko Nilsen | clothing store | Svartedabbe 13, 4870 Fevik | NOK 0 | 0 | NOK 0 |
| Japzon Creative Design | clothing store | Frivoldveien 11, 4877 Grimstad | NOK 0 | 0 | NOK 0 |
| Jonas Bø Brands | clothing store | Ronnengåsen 26, 4886 Grimstad | NOK 0 | 0 | NOK 0 |
| Komodoro Vetle Bjerkenes Johansen | clothing store | Moåsbakken 2, 4870 Fevik | NOK 0 | 0 | NOK 0 |
Conclusion
The knit store industry in Grimstad is a stable and growing sector with 6 companies and a higher EBITDA margin compared to the parent industry. Garnuniverset As is the most significant player, with 10 employees and a revenue of NOK 5.6 million in 2025. The industry shows no bankruptcies and has a rise in the number of employees over time. Entrepreneurs should consider establishing themselves in Grimstad, especially in areas such as Odden and Storgaten, where there are fewer competitors in the knit store industry compared to the parent industry. It is also important to be aware of location factors and competition from other companies in the industry.