Industry · municipality
Knit Store in Lier: Industry Analysis and Outlook
A detailed analysis of the knit store industry in Lier municipality, focusing on companies, statistics, and development trends.
Executive Summary
Overview of the Industry
The knit store industry in Lier municipality has a complex history with both strong growth and challenges. In 2025, there are four companies registered in the industry, with a total sales volume of NOK 29.3 million. This represents a significant increase compared to 2024, when the sales volume was NOK 12 million. However, data shows that the industry has been marked by large variations over time, with a sharp decline in 2022 and an increase in 2025. The employment development has been more stable, with around 10-11 employees in 2025.
Economic Overview
Sales Volume:
- 2016: NOK 2.0 million
- 2025: NOK 29.3 million (increase of 143.4% from 2024)
Number of Employees:
- 2016: 16 employees
- 2025: 11 employees
The sales volume has been marked by an extreme increase in 2020 (NOK 19.0 million), followed by a decline in 2021 and 2022. The most significant increase has however been in 2025, where the sales volume increased by 143.4% compared to 2024. The employment development has been more stable, with a decline from 12 employees in 2023 to 11 employees in 2025.
Companies in the Industry
The following companies are registered in the knit store industry in Lier:
- Lille Stasjon As (Vestsideveien 7B, Lier)
- Organizational form: AS
- Number of employees: 9
- Sales volume: NOK 0
- EBITDA: NOK 0
- Garnbutikken As (Vestsideveien 9C, Lier)
- Organizational form: AS
- Number of employees: 4
- Sales volume: NOK 3.6 million
- EBITDA: NOK -95,000
- Kid Asa (Gilhusveien 1, Gullaug)
- Organizational form: ASA
- Number of employees: 0
- Sales volume: NOK 25.7 million
- EBITDA: NOK 12.8 million
- Minrobot Ask (Stampehaugen 17, Lier)
- Organizational form: ENK
- Number of employees: 0
- Sales volume: NOK 0
- EBITDA: NOK 0
The organizational forms of the companies in the industry are mainly AS and ASA, with one sole proprietorship (ENK). Garnbutikken As and Kid Asa are the two companies with the most extensive operations, while Lille Stasjon As and Minrobot Ask have not reported sales or EBITDA.
Industry Geography
All four companies in the knit store industry in Lier are registered in the municipality, with the following distribution:
- Lier: 2 companies, 13 employees, sales volume NOK 3.6 million
- Gullaug: 1 company, 0 employees, sales volume NOK 25.7 million
- Tranby: 0 companies
- Sylling: 0 companies
- Reistad: 0 companies
There are no companies registered in Tranby, Sylling, Reistad, or other districts in the municipality. The two companies in Lier (Lille Stasjon As and Garnbutikken As) have a combined sales volume of NOK 3.6 million, while Kid Asa in Gullaug has a sales volume of NOK 25.7 million.
Industry Dynamics
Bankruptcies and Economic Challenges:
- No bankruptcies are registered for the companies in the knit store industry in Lier.
- Garnbutikken As has a negative EBITDA of NOK -95,000, while Kid Asa has a positive EBITDA of NOK 12.8 million.
- Lille Stasjon As and Minrobot Ask have not reported sales or EBITDA.
Conclusion: The industry has been marked by large variations in sales volume and EBITDA, but no bankruptcies are registered. This indicates that the industry has a certain degree of stability, even though some companies have been marked by negative economic results.
Outlook
Outlook for Entrepreneurs
The knit store industry in Lier has shown a significant increase in sales volume in 2025, with an increase of 143.4% compared to 2024. This indicates that the industry has potential for growth, even though there have been large variations over time. Entrepreneurs should however be aware of the negative economic results shown for some companies, especially Garnbutikken As with a negative EBITDA of NOK -95,000.
SmartGrunder can help entrepreneurs find suitable addresses in Lier to start a knit store, based on local conditions and development trends.
Outlook for the Overall Industry
Overall Industry (Creative, Arts, and Entertainment Activities):
- Number of companies: 56
- Sales volume in 2025: NOK 124.9 million
- Number of employees in 2025: 158 employees
Comparison with the Knit Store Industry:
- The knit store industry has four companies, while the overall industry has 56 companies.
- The sales volume in the knit store industry in 2025 (NOK 29.3 million) is significantly lower than the overall industry (NOK 124.9 million).
- The employment development in the overall industry has been more stable, with a decline from 230 employees in 2016 to 158 employees in 2025.
Peer Companies in the Overall Industry:
- Examples of companies in the overall industry include shoe stores, clothing stores, and second-hand stores with higher sales volume and EBITDA than knit store companies.
- This indicates that the knit store industry is a smaller part of the overall industry, with lower sales volume and fewer companies.
Other companies in kreative, kunst og underholdningsaktiviteter (not in knit store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Magnussen Eurosko Liertoppen | footwear store | Drammensveien 201, 3420 Lierskogen | NOK 30.0M | 15 | NOK 3.1M |
| Match Liertoppen Avd 255 | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 11.0M | 9 | NOK 2.4M |
| Vic Liertoppen Avd 024 | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 8.8M | 5 | NOK 1.9M |
| Dressmann As Avd 206 Liertoppen Kjøpesenter | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 11.9M | 6 | NOK 1.9M |
| Kappahl As Avd 290 Liertoppen Kjøpesenter | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 15.1M | 10 | NOK 1.7M |
| Decades Liertoppen Avd 401 | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 6.6M | 7 | NOK 1.5M |
| Cubus Liertoppen Kjøpesenter Avd 813 | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 12.7M | 7 | NOK 1.2M |
| Shoeday Liertoppen | footwear store | Drammensveien 201, 3420 Lierskogen | NOK 11.4M | 6 | NOK 1.2M |
| H & M Hennes & Mauritz As Avd 756 Lierskogen | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 23.9M | 14 | NOK 1.1M |
| Næss Since 1955 Værstetorvet As | footwear store | Liertoppen Kjøpesenter|Drammensveien 201, 3420 Lierskogen | NOK 8.0M | 8 | NOK 798.0K |
| Lindex As Avd Lierskogen | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 14.6M | 14 | NOK 539.0K |
| Zizzi Norway As Avd Zizzi Liertoppen | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 7.2M | 6 | NOK 396.5K |
| Ahlam Abdi Shop | clothing store | Ringeriksveien 24B, 3414 Lierstranda | NOK 0 | 0 | NOK 0 |
| Alba Company As | clothing store | Undersrudveien 4, 3402 Lier | NOK 0 | 1 | NOK 0 |
| Alkriva Holding As | clothing store | Undersrudveien 4, 3402 Lier | NOK 0 | 0 | NOK 0 |
| Ammetøy Øksendal | clothing store | Hennumveien 69, 3406 Tranby | NOK 0 | 0 | NOK 0 |
| Balique Da | clothing store | Svendsemarka 19, 3409 Tranby | NOK 0 | 0 | NOK 0 |
| Bare Brukt As | second-hand goods store | Ringeriksveien 22B, 3414 Lierstranda | NOK 0 | 0 | NOK 0 |
| Bjerknes Business | clothing store | Svangstrandveien 16, 3410 Sylling | NOK 0 | 0 | NOK 0 |
| Brukt Flip Gilleece | second-hand goods store | Skarpsnoveien 14, 3413 Lier | NOK 0 | 0 | NOK 0 |
| Bullfighter As Avd Lier | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 0 | 8 | NOK 0 |
| Cozypjs By Vedlog | clothing store | Lierbakkene 152, 3425 Reistad | NOK 0 | 0 | NOK 0 |
| Front Lier As Konkursbo | clothing store | Drammensveien 201, 3420 Lierskogen | NOK 0 | 0 | NOK 0 |
| Gjenbruk Og Skatter Bjørn Erik Fælth | second-hand goods store | Fossveien 10, 3403 Lier | NOK 0 | 0 | NOK 0 |
| Gjenbruk Og Skatter Bjørn Erik Fælth | second-hand goods store | Fossveien 10, 3403 Lier | NOK 0 | 0 | NOK 0 |
| Gjenbruksgruva Til Tom Avdal | second-hand goods store | Modumveien 27, 3410 Sylling | NOK 0 | 0 | NOK 0 |
| Gjenbruksgruva Til Tom Avdal | second-hand goods store | Modumveien 27, 3410 Sylling | NOK 0 | 0 | NOK 0 |
| Hibaby As | clothing store | Flåtankroken 10, 3413 Lier | NOK 0 | 0 | NOK 0 |
| Hibaby As Konkursbo | clothing store | Flåtankroken 10, 3413 Lier | NOK 0 | 0 | NOK 0 |
| Kino Liertoppen As Konkursbo | clothing store | Liertoppen Kjøpesenter, 3420 Lierskogen | NOK 0 | 0 | NOK 0 |
| Kristengård | clothing store | Holsfjordveien 18, 3410 Sylling | NOK 0 | 0 | NOK 0 |
| Kristengård | clothing store | Holsfjordveien 18, 3410 Sylling | NOK 0 | 0 | NOK 0 |
| Lars Olav Tveito | footwear store | Blåveisstien 7, 3426 Gullaug | NOK 0 | 0 | NOK 0 |
| Lotus Naresh Chander Sharma | clothing store | Brattbakken 7, 3403 Lier | NOK 0 | 0 | NOK 0 |
| Maliha Rehman | clothing store | Heggveien 11, 3403 Lier | NOK 0 | 0 | NOK 0 |
| Malimi As | clothing store | c/o Maria Bjørge-Reiersgård|Vestsideveien 279, 3405 Lier | NOK 0 | 0 | NOK 0 |
| Neo Italian Style As | clothing store | Åmotveien 140, 3406 Tranby | NOK 0 | 0 | NOK 0 |
| Norvessa As | clothing store | Nygårdskogen 22, 3409 Tranby | NOK 0 | 0 | NOK 0 |
| Palmaire Da | clothing store | Sørumlia 19, 3426 Gullaug | NOK 0 | 0 | NOK 0 |
| Palmaire Da | clothing store | Sørumlia 19, 3426 Gullaug | NOK 0 | 0 | NOK 0 |
Conclusion
The knit store industry in Lier municipality has shown both strong growth and challenges over time. With four companies and a sales volume of NOK 29.3 million in 2025, the industry shows potential for further development. However, it is important to be aware of the negative economic results shown for some companies. Entrepreneurs should consider local conditions and development trends before starting a knit store in Lier. SmartGrunder can help find suitable addresses and support entrepreneurs in navigating local challenges.