Industry · municipality
Knit Store in Lindesnes: An Analysis of Companies, Statistics, and Outlooks
A detailed assessment of the industry in Lindesnes municipality, focusing on companies, economic data, and future opportunities for entrepreneurs and local decision-makers.
Executive Summary
The knit store industry in Lindesnes is a small, static sector with four registered companies. The industry experienced a sharp decline in sales and employees from 2016 to 2018, with sales falling from 4.9 million NOK to zero, and the number of employees dropping from 18 to zero. Today, all four companies in the industry are registered as non-active (0 employees, 0 sales). This indicates a stagnant industry with little dynamism and potential challenges for new players. However, there may be opportunities for collaboration with the broader creative sector in Lindesnes, which has a more stable development.
Economic Overview
Sales and employees in the knit store industry in Lindesnes (2016–2026):
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 4.9M | 18 |
| 2017 | 5.1M | 9 |
| 2018 | 0 | 3 |
| 2019–2026 | 0 | 0 |
Key figures:
- Sales increased significantly by +5.1% from 2016 to 2017, but then fell by -100% from 2017 to 2018 and have remained zero since.
- The number of employees fell by -50% from 2016 to 2017 and -66.7% from 2017 to 2018, before reaching zero in 2019 and onwards.
This shows an industry in sharp decline, with no activity after 2018.
Companies in the Industry
Four companies are registered in the knit store industry in Lindesnes:
- Cecilie H As (Poppelveien 20, Mandal) – AS, established 2018, 0 employees, 0 sales, EBITDA -1.0K, total debt 892.0K.
- Isblikk Design As (Almeveien 1, Mandal) – AS, established 2025, 0 employees, 0 sales.
- Joffen Terje Hoffmoen (Brodersens gate 1A, Mandal) – ENK, established 1995, 0 employees, 0 sales.
- Solskjerming Sør Da (Ousland, Mandal) – DA, established 1996, 0 employees, 0 sales.
Business structures:
- 3 companies are AS (limited liability companies), 1 is ENK (sole proprietorship), and 1 is DA (partnership).
Observation: All companies have 0 employees and 0 sales, except Cecilie H As, which has negative EBITDA and high debt.
Business Geography
All four companies in the knit store industry in Lindesnes are registered in Mandal, which is one of the municipality's districts. There is no division of activity in other districts or areas within the municipality. This shows a concentration of the industry in Mandal, with no activity in Lindesnes or other areas of the municipality.
Business Dynamism
Bankruptcies and operational status:
- None of the four companies in the industry are registered as bankrupt (all are marked as not bankrupt).
- However, all companies are registered with 0 employees, 0 sales, and 0 operating income after 2018, indicating they are not in operation.
Challenges:
- The industry has been stagnant since 2018, with no activity or growth.
- There are no indications that new companies have started in the industry after 2018.
- This may be due to market deterioration, bankruptcy, or lack of competitiveness.
Outlook
Outlook for Entrepreneurs
For entrepreneurs considering starting a knit store in Lindesnes, it is important to note the following:
- The industry is static: There has been no growth or activity in the industry after 2018, indicating a weak market demand.
- Competitiveness: There are no competitors in the industry, but there is also no activity, which may indicate unfavorable market conditions.
- Opportunities in the broader sector: The broader creative, arts, and entertainment activities sector in Lindesnes has 42 companies and a more stable development. Entrepreneurs may consider combining knit stores with other creative activities to create differentiation.
SmartGrunder can help you find addresses in Lindesnes that are natural for this industry.
Outlook for the Broader Sector
Creative, arts, and entertainment activities sector in Lindesnes (2016–2025):
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 139.5M | 197 |
| 2017 | 146.5M | 187 |
| 2018 | 142.3M | 174 |
| 2019 | 139.0M | 170 |
| 2020 | 130.2M | 149 |
| 2021 | 134.5M | 145 |
| 2022 | 120.6M | 139 |
| 2023 | 126.9M | 136 |
| 2024 | 121.4M | 139 |
| 2025 | 81.1M | 133 |
Contrast with the knit store industry:
- The broader sector has a more stable development, with a decline of -33.2% from 2024 to 2025, but still higher sales and employees than the knit store industry.
- There are 42 companies in the broader sector, compared to only 4 in the knit store industry.
Peer companies in the broader sector (top 5 by EBITDA):
| Name | Address | Sales (NOK) | Employees | EBITDA (NOK) |
|---|---|---|---|---|
| H & M Hennes & Mauritz As Avd 876 Mandal | Skarvøyveien 55, 4517 Mandal | 38.2M | 24 | 1.7M |
| Dressmann As Avd 245 Mandal | Store Elvegate 34, 4514 Mandal | 11.9M | 7 | 1.9M |
| Cubus Mandal Avd 88d | Marnarveien 33, 4516 Mandal | 12.7M | 6 | 1.2M |
| Natur Ligvis As | Store Elvegate 28, 4514 Mandal | 7.6M | 4 | 1.3M |
| Nye Cactus As | Store Elveg 29, 4514 Mandal | 4.8M | 6 | 0.48M |
Conclusion: The broader sector has more dynamism and larger companies, which can provide opportunities for collaboration or differentiation for new knit store companies.
Other companies in kreative, kunst og underholdningsaktiviteter (not in knit store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Dressmann As Avd 245 Mandal | clothing store | Store Elvegate 34, 4514 Mandal | NOK 11.9M | 7 | NOK 1.9M |
| H & M Hennes & Mauritz As Avd 876 Mandal | clothing store | Skarvøyveien 55, 4517 Mandal | NOK 38.2M | 24 | NOK 1.7M |
| Natur Ligvis As | clothing store | Store Elvegate 28, 4514 Mandal | NOK 7.6M | 4 | NOK 1.3M |
| Cubus Mandal Avd 88d | clothing store | Marnarveien 33, 4516 Mandal | NOK 12.7M | 6 | NOK 1.2M |
| Tønnesen 1937 As Avd Nett | footwear store | Store Elvegate 18, 4514 Mandal | NOK 9.0M | 4 | NOK 684.8K |
| Arthur Berge As | clothing store | Store Elvegate 19, 4514 Mandal | NOK 4.0M | 4 | NOK 491.0K |
| Nye Cactus As | clothing store | Store Elveg 29, 4514 Mandal | NOK 4.8M | 6 | NOK 481.0K |
| Håland Utstyr As | clothing store | Store Elvegate 14, 4514 Mandal | NOK 7.6M | 6 | NOK 383.0K |
| Carlings Mandal Avd N64 | clothing store | Skarvøyveien 55, 4517 Mandal | NOK 5.8M | 5 | NOK 347.5K |
| Rambac As | clothing store | Søren Jaabæks vei 31, 4515 Mandal | NOK 384.0K | 1 | NOK 37.0K |
| Check Point As | clothing store | Bryggegata 30, 4514 Mandal | NOK 4.4M | 9 | NOK 14.0K |
| Brennhaug Tekstil Og Andre Snurrepiperier | clothing store | Garebakken 5, 4521 Lindesnes | NOK 0 | 0 | NOK 0 |
| Brukt Og Antikk Johansen | second-hand goods store | Sølvbergveien 22J, 4520 Lindesnes | NOK 0 | 0 | NOK 0 |
| Butikk Brukte Ting Alexander Choruzyk | second-hand goods store | Kyllinggata 32, 4521 Lindesnes | NOK 0 | 0 | NOK 0 |
| Dodalun Lunde | second-hand goods store | Gamleveien 8B, 4520 Lindesnes | NOK 0 | 0 | NOK 0 |
| Euro Sko Øvrebyen Mandal | footwear store | Skarvøyveien 55, 4517 Mandal | NOK 0 | 6 | NOK 0 |
| Foreningen Kirkesenterets Venner | second-hand goods store | c/o Aud Laila Klungland Lund|Rennesveien 112, 4513 Mandal | NOK 0 | 0 | NOK 0 |
| Godly Gains As | clothing store | Hangargata 4, 4514 Mandal | NOK 0 | 0 | NOK 0 |
| Grain&groove By Mol | second-hand goods store | Skjernøyveien 438, 4516 Mandal | NOK 0 | 0 | NOK 0 |
| Icon Mandal | clothing store | Bryggegata 22, 4514 Mandal | NOK 0 | 9 | NOK 0 |
| Kardemommeshop As | clothing store | Skoieveien 172, 4516 Mandal | NOK 0 | 2 | NOK 0 |
| Lille Danske As | second-hand goods store | Keiser Nicolaus gate 6, 4515 Mandal | NOK 0 | 0 | NOK 0 |
| Magnus Hallingstad Egeland | clothing store | Marias vei 23, 4515 Mandal | NOK 0 | 0 | NOK 0 |
| Olivias Drøm As | clothing store | Smibakken 8A, 4520 Lindesnes | NOK 0 | 0 | NOK 0 |
| Retroteket, Kristensen | second-hand goods store | Holbæk Eriksens gate 9A, 4517 Mandal | NOK 0 | 0 | NOK 0 |
| Sørens Eftf. Janet Sauvik Valand | second-hand goods store | Gustav Vigelands vei 1B, 4514 Mandal | NOK 0 | 0 | NOK 0 |
| Therese Belland | clothing store | Smibakken 5, 4520 Lindesnes | NOK 0 | 0 | NOK 0 |
| Tollefsen Innovasjon | clothing store | 0, 4514 Mandal | NOK 0 | 0 | NOK 0 |
| Tønnesen 1937 As Avd Mandal | footwear store | Store Elvegate 18, 4514 Mandal | NOK 0 | 18 | NOK 0 |
| Vibb Vintage Da | clothing store | Systadveien 20, 4516 Mandal | NOK 0 | 0 | NOK 0 |
| Vibb Vintage Songe | second-hand goods store | Systadveien 20, 4516 Mandal | NOK 0 | 0 | NOK 0 |
| Vivian Hommen Retro/antikk Online | second-hand goods store | c/o Vivian Hommen|Halshaug terrasse 3, 4514 Mandal | NOK 0 | 0 | NOK 0 |
| Vågsbygd Mote As Avd Mandal | clothing store | Store Elvegate 14, 4514 Mandal | NOK 0 | 0 | NOK 0 |
| Lloyds Holding As | clothing store | c/o Lloyd Erik Tønnessen|Skoletunet 2, 4513 Mandal | NOK 0 | 0 | NOK -17.0K |
| Kleopatra Mote As | clothing store | Alti Mandal|Skarvøyveien 55, 4517 | NOK 3.3M | 5 | NOK -34.0K |
| Somo As | clothing store | Marnarveien 3531, 4536 Bjelland | NOK 0 | 0 | NOK -38.0K |
| Zavanna Alti Mandal Avd 519 | clothing store | Skarvøyveien 55, 4517 Mandal | NOK 4.0M | 6 | NOK -467.0K |
| Image Mandal As | clothing store | Store Elvegate 16A, 4514 Mandal | NOK 5.6M | 5 | NOK -706.0K |
Conclusion
The knit store industry in Lindesnes is a small, static sector with no activity after 2018. This indicates an industry in sharp decline, with no growth or competitive companies. However, there may be opportunities for collaboration with the broader creative, arts, and entertainment activities sector, which has a more stable development and more companies. Entrepreneurs should consider combining knit stores with other creative activities to create differentiation and adapt to market conditions. SmartGrunder can help you find addresses in Lindesnes that are natural for this industry.