Industry · municipality
Knit Store Industry in Halden: A Comprehensive Analysis
Companies, Statistics, and Outlook for the Knit Store Sector in Halden, Norway
Executive Summary of the Knit Store Industry in Halden
Halden has a small but active knit store industry with 3 registered companies. The industry has been marked by declines in both sales and employee numbers in recent years, with a single bankruptcy in 2026. Ama Group AS is the most significant player, while Strikkeholdeplassen AS has gone bankrupt. Outlooks are uncertain, but the industry falls within a broader creative sector with more stable trends.
Economic Trends and Statistics
Sales and Employees
- Sales: Decline of -10.4% from 2024 to 2025, with total sales of NOK 38.9M in 2025.
- Employees: Decline from 14 in 2016 to 7 in 2026, with an average annual decline of -3.6%.
Economic Indicators
- EBITDA margin: Negative in 2025 (-7%), with particularly low margins for Strikkeholdeplassen AS (-9%).
- Average salary per employee: NOK 560,000 in 2025, but with significant variations between companies.
Bankruptcy Statistics
- 1 company in the industry went bankrupt in 2026 (Strikkeholdeplassen AS), with NOK -204,000 in operating profit and NOK 767,000 in debt.
Companies and Organizational Forms
Registered Companies
| Company | Location | Organizational Form | Employees | Sales (2025) | EBITDA (2025) |
|---|---|---|---|---|---|
| Ama Group AS | Storgata 5 | AS | 7 | NOK 38.9M | NOK -2.8M |
| Garntorget AS | Kirkegata 6 | AS | 0 | NOK 0 | NOK 0 |
| Strikkeholdeplassen AS | Storgata 22 | AS | 0 | NOK 2.1M | NOK -204,000 |
Organizational Forms
- AS is the only organizational form registered, with 1 company (Ama Group AS) having 7 employees and NOK -1.9M in equity.
Geographic Distribution and Local Data
Geographic Distribution
- Halden is the only district with activity in the industry, with 1 company (Ama Group AS) and 7 employees.
Economic Data for Halden
- Sales: NOK 38.9M in 2025, with -10% annual decline.
- Operating profit: NOK -2.8M in 2025, with -7% operating margin.
- Average salary per employee: NOK 560,000 in 2025.
Operating Profit and Dynamics
Bankruptcy and Operating Profit
- Strikkeholdeplassen AS is the only bankrupt company in the industry, with NOK -204,000 in operating profit and NOK 767,000 in debt.
Operating Profit and Margins
- Ama Group AS has NOK -2.8M in operating profit in 2025, with -7% operating margin.
- Strikkeholdeplassen AS has -9% operating margin, with NOK 916,000 in gross profit.
Challenges
- The industry has been marked by increasing debt and decline in sales in recent years, with -10.4% annual decline in sales from 2024 to 2025.
Outlook for Entrepreneurs in the Knit Store Industry
Outlook for Entrepreneurs
- Downward trends: The industry has been marked by increasing debt and decline in sales in recent years, with -10.4% annual decline in sales from 2024 to 2025.
- Bankruptcy risk: Strikkeholdeplassen AS has gone bankrupt, showing high operating risks in the industry.
- Employees: The number of employees has fallen from 14 in 2016 to 7 in 2026, with an average annual decline of -3.6%.
Summary
- The industry has increasing debt and decline in sales, making it risky for new entrepreneurs.
- Ama Group AS is the only company with positive sales and employees, but with negative operating profit.
Outlook for Creative, Arts, and Entertainment Activities
Broader Sector: Creative, Arts, and Entertainment Activities
- Number of companies: 70 companies in the sector, with 141 employees in 2026.
- Sales: Decline of -29.3% from 2024 to 2025, with total sales of NOK 141.1M in 2025.
- Operating profit: NOK -29.3% annual decline in sales, but with greater variation between companies.
Peer Companies in the Sector
| Company | Location | Sales (2025) | EBITDA (2025) | Employees (2025) |
|---|---|---|---|---|
| H & M Hennes & Mauritz AS | Walkers gate 4 | NOK 28.6M | NOK 1.3M | 20 |
| Match Tista Avd 310 | Walkers gate 4 | NOK 8.8M | NOK 1.9M | 6 |
| Cellbes AS | Busterudkleiva 54 | NOK 52.3M | NOK 1.8M | 0 |
| Kappahl AS Avd 284 Tista Senter | Walkers gate 4 | NOK 13.4M | NOK 1.6M | 10 |
Contrast to the Knit Store Industry
- Greater variation in companies within the sector, with higher sales and more stable operating profits.
- Knit store industry has lower sales and higher operating risks compared to most peer companies.
Other companies in kreative, kunst og underholdningsaktiviteter (not in knit store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Match Tista Avd 310 | clothing store | Walkers gate 4, 1771 Halden | NOK 8.8M | 6 | NOK 1.9M |
| Cellbes As | clothing store | c/o Interdata AS|Busterudkleiva 54, 1782 Halden | NOK 52.3M | 0 | NOK 1.8M |
| Dressmann As Avd 113 Tista Senter | clothing store | Walkers gate 4, 1771 Halden | NOK 10.2M | 5 | NOK 1.6M |
| Kappahl As Avd 284 Tista Senter | clothing store | Walkers gate 4, 1771 Halden | NOK 13.4M | 10 | NOK 1.5M |
| Decades Tista Avd 443 | clothing store | Tistasenteret|Walkers gate 4, 1771 Halden | NOK 6.6M | 5 | NOK 1.5M |
| Vic Tista Avd 014 | clothing store | Walkers gate 4, 1771 Halden | NOK 6.6M | 5 | NOK 1.5M |
| H & M Hennes & Mauritz As Avd 872 Tista Halden | clothing store | Walkers gate 4, 1771 Halden | NOK 28.6M | 20 | NOK 1.3M |
| B Young Halden | clothing store | Halden Storsenter|Os allé 3, 1777 | NOK 8.2M | 8 | NOK 927.9K |
| Halden Gjenvinning As | second-hand goods store | Lerveien 10, 1788 Halden | NOK 59.0K | 0 | NOK 116.0K |
| Levang As | clothing store | Storgata 4A, 1767 Halden | NOK 2.0M | 2 | NOK 102.0K |
| Antikk, Brukt Og Kuriosa Johansen | second-hand goods store | Stenrødveien 64C, 1784 Halden | NOK 0 | 0 | NOK 0 |
| Bestseller Halden Avd 42 | clothing store | Os allé 3, 1777 Halden | NOK 0 | 0 | NOK 0 |
| Bosa Retail As | clothing store | c/o Tista Senter|Walkers gate 4, 1771 Halden | NOK 0 | 10 | NOK 0 |
| Botan Botani's | clothing store | Borgergata 1, 1767 Halden | NOK 0 | 0 | NOK 0 |
| Bruktbua Ans | second-hand goods store | Billebakken terrasse 63, 1783 Halden | NOK 0 | 0 | NOK 0 |
| Bunæs Antikke Ovner | second-hand goods store | Skriverøveien 171, 1765 Halden | NOK 0 | 0 | NOK 0 |
| Commerce Håkon Dag Bjørgar | second-hand goods store | Frøyas vei 14E, 1782 Halden | NOK 0 | 0 | NOK 0 |
| Dtb Haukeland | clothing store | Marcus Thranes gate 40, 1776 Halden | NOK 0 | 0 | NOK 0 |
| Essense As | clothing store | Glimmerveien 35, 1784 Halden | NOK 0 | 0 | NOK 0 |
| Eurosko Tista | footwear store | Walkers gate 4, 1771 Halden | NOK 0 | 9 | NOK 0 |
| Fjellstad Ecom | clothing store | Fagernesveien 39, 1788 Halden | NOK 0 | 0 | NOK 0 |
| Henskjolds Auksjonsforretning Inger Lise Jensen Inngår I Dødsbo | second-hand goods store | Busterudgata 14, 1776 Halden | NOK 0 | 0 | NOK 0 |
| Hjertefryd Da | clothing store | Orødveien 9, 1792 Tistedal | NOK 0 | 10 | NOK 0 |
| Home & Living Rørmyr | second-hand goods store | Bakkegata 10, 1777 Halden | NOK 0 | 0 | NOK 0 |
| Huubi By Brække | clothing store | c/o Linn Brække|Brattåsen 48, 1793 Tistedal | NOK 0 | 0 | NOK 0 |
| Høier Vintage | clothing store | Brekkerødlia 64, 1782 Halden | NOK 0 | 0 | NOK 0 |
| Ingrids Snurrepiperier Og Pakkeri Davidsen | second-hand goods store | c/o Karl Tvedt|Fosseveien 18, 1792 Tistedal | NOK 0 | 0 | NOK 0 |
| Johansen Industri & Hjemmefix | second-hand goods store | Svinesundsveien 319, 1788 Halden | NOK 0 | 0 | NOK 0 |
| Katsiotas Services | clothing store | Damhauggata 1, 1772 Halden | NOK 0 | 0 | NOK 0 |
| Krogh Antikk & Vintage As | clothing store | Frydenlundveien 43, 1784 Halden | NOK 0 | 0 | NOK 0 |
| Lerkegaarden Brukt Og Antikk As | second-hand goods store | Iddeveien 39, 1769 Halden | NOK 0 | 0 | NOK 0 |
| Liv Jorun Holm | second-hand goods store | Busterudgata 2, 1776 Halden | NOK 0 | 0 | NOK 0 |
| Miku As | clothing store | Solliveien 13A, 1777 Halden | NOK 0 | 0 | NOK 0 |
| Minicloud As | clothing store | Grenaderveien 2A, 1769 Halden | NOK 0 | 0 | NOK 0 |
| Mollymood As | clothing store | Walkers gate 4, 1771 Halden | NOK 0 | 7 | NOK 0 |
| Morris Administrasjon 0022 | footwear store | C/o Sajaco Nordic AS|Høstbakken 11, 1793 Tistedal | NOK 0 | 0 | NOK 0 |
| Morris Nettbutikk As | footwear store | co/Sajaco Nordic AS,|Høstbakken 11, 1793 Tistedal | NOK 0 | 0 | NOK 0 |
| Nilsen Salg & Service | second-hand goods store | Hovsveien 27B, 1769 Halden | NOK 0 | 17 | NOK 0 |
| Nilsens Kvalitet | clothing store | Ole Dahls gate 5, 1776 Halden | NOK 0 | 0 | NOK 0 |
| Nye Brukten | second-hand goods store | Rødsbergs plass 11, 1771 Halden | NOK 0 | 0 | NOK 0 |
Conclusion and Guidance for Entrepreneurs
Conclusion
- Knit store industry in Halden has been marked by decline in sales and high operating risks, with 1 bankruptcy in 2026.
- Ama Group AS is the only company with positive sales and employees, but with negative operating profit.
- Broader sector: Creative, arts, and entertainment activities have greater variation in companies, with higher sales and more stable operating profits.
Guidance for Entrepreneurs
- Risky industry: The knit store industry has increasing debt and decline in sales, making it risky for new entrepreneurs.
- SmartGrunder can help entrepreneurs find suitable addresses in Halden for this industry, with a focus on outlooks and operating results.