Knit Store in Kongsvinger: Companies, Statistics, and Outlook

Other Observations

Kongsvinger has a small but active knit store industry with two registered companies. The industry shows a weakly variable development over the years, with a significant decline in the number of employees in 2026. There are no registered bankruptcies in the sector, but data on economic key figures (such as sales revenue and EBITDA) are missing for most companies. This suggests that the industry has a low level of public reporting or that the companies operate on a small scale.

SmartGrunder can help entrepreneurs find suitable locations in Kongsvinger for a knit store, based on local conditions and development trends.

Economic Trends

Sales Development: The sales revenue for knit store companies in Kongsvinger has been zero throughout the period 2016–2026. This may indicate that the companies either operate on a small scale or do not report publicly.

Employee Development: The number of employees has varied between 4 and 8 over the years, with a significant decline from 7 to 4 employees between 2024 and 2026. This decline is particularly evident in 2026, where the number of employees fell by 33.3%.

Yearly Development: There is no clear trend in sales development, while the number of employees has been more variable. There is no data on operating results or EBITDA for companies in the industry.

Companies in the Industry

There are two companies registered in the knit store industry in Kongsvinger:

1. Garnstua Ans (Glommengata 33, Kongsvinger)

• Organizational form: ANS
• Founded: 1990-01-11
• Number of employees: 4
• No bankruptcy

1. M Expressen Boligfornyelse Sønsterudbråten (Grinderveien, Hokkåsen)

• Organizational form: ENK
• Founded: 1995-02-19
• Number of employees: 0
• No bankruptcy

Garnstua Ans is the only company with employees, while M Expressen has no employees. Both companies are registered in Kongsvinger, but M Expressen has an address in Hokkåsen, which is part of the municipality.

Geographic Distribution

All companies in the knit store industry in Kongsvinger are registered in Kongsvinger. No activity has been reported from other districts or municipalities in the area. This suggests that the industry is concentrated in the center of the municipality, particularly in areas such as Glommengata and Grinderveien.

There are no registered bankruptcies in the knit store industry in Kongsvinger during the period 2016–2026. This suggests that the companies in the industry have been stable in operations, even though the number of employees has varied. However, there is no data on operating results or EBITDA for the companies, which makes it difficult to assess financial health.

Garnstua Ans has been active with 4 employees, while M Expressen has no employees. This may indicate that M Expressen is not actively operating in the industry, or that the company has changed its business focus.

Development Trends for Entrepreneurs

The knit store industry in Kongsvinger shows a weakly variable development, with a significant decline in the number of employees in 2026. This may be a challenge for entrepreneurs wishing to establish themselves in the industry. However, there are no bankruptcies, which suggests that the companies in the industry have been stable in operations.

SmartGrunder can help entrepreneurs find suitable locations in Kongsvinger for a knit store, based on local conditions and development trends.

Development in Creative, Art, and Entertainment Activities

Creative, art, and entertainment activities are a broader industry category that includes the knit store industry. This category has 28 companies in Kongsvinger, compared to only 2 companies in the knit store industry. This suggests that creative, art, and entertainment activities are a more dynamic and development-oriented industry in the municipality.

Sales Development: The sales revenue for creative, art, and entertainment activities has been around 100 million kroner over the years, with a significant decline in 2025. This may indicate that the industry has been affected by external factors such as economic downturns or changes in consumer behavior.

Employee Development: The number of employees in creative, art, and entertainment activities has been around 100 over the years, with a decline of 6.9% in 2026. This suggests that the industry has been affected by economic challenges, although there has been a relatively stable development over time.

Peer Companies: Current peer companies in creative, art, and entertainment activities include well-known names such as H&M, Zara, Lindex, and Dressmann, which operate in Kongsvinger. These companies have higher sales revenues and more employees compared to knit store companies, suggesting that they have a more stable and development-oriented position in the industry.

The knit store industry in Kongsvinger is small and has a weakly variable development, with a significant decline in the number of employees in 2026. There are no registered bankruptcies, but data on economic key figures are missing for most companies. This suggests that the industry has a low level of public reporting or that the companies operate on a small scale.

SmartGrunder can help entrepreneurs find suitable locations in Kongsvinger for a knit store, based on local conditions and development trends. At the same time, it is important to be aware of the broader trends in creative, art, and entertainment activities, which can provide a better understanding of potential opportunities and challenges in the industry.