Knit Store in Holmestrand: Analysis of Companies, Statistics, and Outlooks

The knit store industry in Holmestrand shows a mix of stability and variation. There are 9 companies in the industry, with 11 employees in 2026. Sales have grown from 0 in 2020 to 8.8 million NOK in 2025, with an average annual growth of 6.3%. The EBITDA margin is at 14% for the most active companies, but there are variations – for example, Molene As in Eidsfoss has a negative EBITDA margin of -19%. The industry has not registered any bankruptcies, but there are several companies with zero sales or employees, which may indicate newly established or inactive operations.

Sales and Employees:

• Sales: 0 in 2016–2020, then 6.2M (2021), 8.5M (2022), 8.0M (2023), 8.6M (2024), 8.8M (2025). Annual growth: +36.6% (2021→2022), -5.1% (2022→2023), +6.3% (2023→2024), +2.4% (2024→2025).
• Employees: 3 (2016) → 11 (2026), with an average annual growth of 10.5%.

Financial Indicators:

• EBITDA margin: 14% (Holmestrand), -19% (Eidsfoss).
• Gross margin: 20020% (Holmestrand), 46% (Eidsfoss). This may indicate data errors or extreme variations in cost structure.
• Total operating income per employee: 1.6M (Holmestrand), 310.3K (Eidsfoss).

Conclusion: The industry has grown since 2021, but there are large variations between companies. Holmestrand has higher operating income per employee, while Eidsfoss has a lower EBITDA margin.

There are 9 companies in the knit store industry in Holmestrand, distributed across the following organizational forms:

Key Companies:

• Kid Interiør As (Holmestrand): 5 employees, 7.3M sales, 1.1M EBITDA.
• Molene As (Eidsfoss): 5 employees, 931K sales, -182K EBITDA.
• Motepinnen Laila Jacobsen (Holmestrand): 3 employees, 0 sales, 0 EBITDA.

Observation: Several companies have zero sales or employees, which may indicate newly established or inactive operations. AS companies have higher operating income and EBITDA than ENK companies.

The industry is distributed across two locations in Holmestrand:

Analysis: Holmestrand has twice as many companies as Eidsfoss, but Eidsfoss has a lower EBITDA margin. This may indicate that Holmestrand has more stable companies, while Eidsfoss has a company structure with lower profitability.

Bankruptcy Statistics: No bankruptcies in the knit store industry in Holmestrand.

Key Observations:

• Molene As in Eidsfoss has a negative operating result and EBITDA, which may be a risk for future operations.
• Motepinnen Laila Jacobsen and Berg Cord have zero sales and employees, which may indicate newly established or inactive operations.
• Fonna Apparel and Skråmestø Netthandel are newly established (2024–2026) with zero sales, which may indicate an early stage of operations.

Conclusion: The industry has not registered any bankruptcies, but there are variations in company stability. Eidsfoss has a company structure with lower profitability, while Holmestrand has more stable companies.

Outlook for Entrepreneurs

The knit store industry in Holmestrand shows potential for growth, especially with an average annual sales growth of 6.3% since 2021. The EBITDA margin of 14% for the most active companies is positive, but there are variations – for example, Molene As in Eidsfoss has a negative EBITDA margin of -19%. Entrepreneurs should consider focusing on Holmestrand, where there are more companies and higher operating income per employee. There are also opportunities to develop companies in Eidsfoss, but with increased focus on cost control. SmartGrunder can help entrepreneurs find suitable addresses in Holmestrand for this industry.

Overall Industry (Creative, Art, and Entertainment Activities):

• Number of Companies: 67 (the industry has 9 companies, so there are 58 companies in the overall industry).
• Sales: 57.5M (2016) → 86.2M (2025), with an average annual growth of 0.7%.
• Employees: 69 (2016) → 180 (2026), with an average annual growth of 6.5%.

Peer Companies in the Overall Industry:

• Boutique Grensen As (clothing store): 8 employees, 20.8M sales, 2.0M EBITDA.
• Eurosko Sande (shoe store): 5 employees, 6.2M sales, 634K EBITDA.
• Inspira Holmestrand As (clothing store): 8 employees, 3.5M sales, 177K EBITDA.

Conclusion: The overall industry has higher sales and employees than the knit store industry, but the EBITDA margin is lower (10% for the overall industry vs. 14% for knit store). Entrepreneurs should consider comparing themselves with peer companies in the overall industry, but be aware that the knit store industry has lower volume but higher profitability.

The knit store industry in Holmestrand shows potential for growth, with an average annual sales growth of 6.3% since 2021. The EBITDA margin of 14% for the most active companies is positive, but there are variations – for example, Molene As in Eidsfoss has a negative EBITDA margin of -19%. Entrepreneurs should consider focusing on Holmestrand, where there are more companies and higher operating income per employee. There are also opportunities to develop companies in Eidsfoss, but with increased focus on cost control. SmartGrunder can help entrepreneurs find suitable addresses in Holmestrand for this industry.