Industry · municipality
Knit Store in Lyngdal: Current Status and Outlook
Analysis of the industry, companies, and development trends in Lyngdal municipality
Executive Summary
Industry Overview
The knit store industry in Lyngdal is today a very small and unstable sector. There is only one company registered in the municipality, Nisjesjappa As, which has been in operation since 2026. However, the company has no employees, no sales revenue, and is not operational. This shows a clear decline in the industry since 2019, when there were 3 employees and sales revenue of 1.8 million NOK. No new companies have been registered in the industry after 2020, which suggests a lack of interest or economic viability in the sector.
Economic Overview
Sales Development:
- 2016: 2.3 million NOK
- 2017: 2.5 million NOK
- 2018: 2.4 million NOK
- 2019: 1.8 million NOK
- 2020–2026: 0 NOK
Employee Development:
- 2016: 4 employees
- 2017: 4 employees
- 2018: 5 employees
- 2019: 3 employees
- 2020–2026: 0 employees
This development shows a significant decline in both sales and number of employees after 2019. The most dramatic decline occurred in 2020, where both sales and employees were reduced to zero. This may be due to a combination of economic challenges and a lack of competitive models in the industry.
Companies in the Industry
There is only one company registered in the knit store industry in Lyngdal:
| Company | Legal Form | Employees | Sales Revenue | EBITDA | Bankrupt |
|---|---|---|---|---|---|
| Nisjesjappa As | AS | 0 | 0 | 0 | Yes |
The company has no operational results and is registered as bankrupt. There are no other companies in the industry in the municipality, which indicates a very small and unstable sector.
Business Geography
There is no detailed data on the distribution of activity in different neighborhoods or locations in Lyngdal for the knit store industry. The only company, Nisjesjappa As, is registered in the municipality, but it is not stated where in the municipality the company has its physical address. This may be a limitation in analyzing geographic patterns in the industry.
Business Dynamics
The industry has been marked by a significant decline in both the number of employees and sales revenue after 2019. The only company in the industry, Nisjesjappa As, is registered as bankrupt, which shows a very unstable sector. No new companies have been registered in the industry after 2020, which suggests a lack of interest or economic viability in the sector. This may be a consequence of competition from larger chains or changes in consumer preferences.
Outlook
Outlook for Entrepreneurs
For entrepreneurs considering starting a company in the knit store industry in Lyngdal, the challenges are clear. The industry has been in decline since 2019, and there are no companies in operation in the municipality. This indicates a very small market capacity and potential competitiveness challenges. However, there may be opportunities in a broader sector, such as creative, art, and entertainment activities, which have shown more stable development. Entrepreneurs should consider expanding their strategy to include elements from this broader sector to increase the likelihood of viability.
Outlook for the Broader Sector
Creative, art, and entertainment activities sector in Lyngdal has shown a more stable development compared to the knit store industry. In 2026, the sector had 88 employees, which shows a gradual increase after a decline in earlier years. Sales revenue in the sector was 62.4 million NOK in 2025, which shows a more robust economic structure. This can be an important reference for entrepreneurs seeking to combine elements from the knit store industry with creative and entertainment-related activities to create a more viable model.
Peer companies in the sector:
| Company | Address | Sales Revenue | Employees | EBITDA |
|---|---|---|---|---|
| Dressmann As Avd 239 Lyngdal | Fiboveien 1, 4580 Lyngdal | NOK 11.9M | 5 | NOK 1.9M |
| Match Lyngdal Avd 281 | Alleen 6, 4580 Lyngdal | NOK 6.6M | 8 | NOK 1.5M |
| Kappahl As Avd 415 Lyngdal | Fiboveien 1, 4580 Lyngdal | NOK 11.7M | 14 | NOK 1.4M |
| Fabienne As | Alleen 5, 4580 Lyngdal | NOK 10.5M | 9 | NOK 1.2M |
| Valentino Mote As | Aanen O. Bergsakers gate 2, 4580 Lyngdal | NOK 8.7M | 8 | NOK 1.1M |
These companies show that there is a wide range of businesses in the sector, with higher sales revenue and more employees compared to the knit store industry.
Other companies in kreative, kunst og underholdningsaktiviteter (not in knit store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Dressmann As Avd 239 Lyngdal | clothing store | Fiboveien 1, 4580 Lyngdal | NOK 11.9M | 5 | NOK 1.9M |
| Match Lyngdal Avd 281 | clothing store | Alleen 6, 4580 Lyngdal | NOK 6.6M | 8 | NOK 1.5M |
| Kappahl As Avd 415 Lyngdal | clothing store | Fiboveien 1, 4580 Lyngdal | NOK 11.7M | 14 | NOK 1.4M |
| Fabienne As | clothing store | Alleen 5, 4580 Lyngdal | NOK 10.5M | 9 | NOK 1.2M |
| Valentino Mote As | clothing store | Aanen O. Bergsakers gate 2, 4580 Lyngdal | NOK 8.7M | 8 | NOK 1.1M |
| Lindex As Avd Lyngdal | clothing store | Sentrumsgården|Alleen 5, 4580 Lyngdal | NOK 13.2M | 9 | NOK 485.1K |
| Williamsen As | footwear store | Kirkeveien 14, 4580 Lyngdal | NOK 4.7M | 8 | NOK 349.0K |
| Nais As | clothing store | Kirkeveien 21, 4580 Lyngdal | NOK 3.9M | 8 | NOK 231.0K |
| Stella Stars As | clothing store | Kirkeveien 8, 4580 Lyngdal | NOK 8.0M | 8 | NOK 72.0K |
| Coolfashion Wenche Ørjansen Skaar | clothing store | Kårikstadveien 254, 4580 Lyngdal | NOK 0 | 0 | NOK 0 |
| Cubus Lyngdal Avd 85e | clothing store | Fiboveien 1, 4580 Lyngdal | NOK 0 | 8 | NOK 0 |
| Euro Sko Lyngdal | footwear store | Alleen Senter|Fiboveien 1, 4580 Lyngdal | NOK 0 | 7 | NOK 0 |
| Rejoice Always As | clothing store | Monoddveien 15, 4580 Lyngdal | NOK 0 | 0 | NOK 0 |
| Rejoice Always As | clothing store | Monoddveien 15, 4580 Lyngdal | NOK 0 | 0 | NOK 0 |
| Tallaksen Rasmus As Avd Lyngdal | clothing store | Fiboveien 1, 4580 Lyngdal | NOK 0 | 0 | NOK 0 |
| Wenche Melands Bruktmarked | second-hand goods store | Grøndokkmoen 10, 4580 Lyngdal | NOK 0 | 0 | NOK 0 |
| Wenche Melands Bruktmarked | second-hand goods store | Grøndokkmoen 10, 4580 Lyngdal | NOK 0 | 0 | NOK 0 |
Conclusion
The knit store industry in Lyngdal is today a very small and unstable sector with only one company in operation, which is registered as bankrupt. This shows a clear decline in the industry since 2019, and no new companies have been registered after 2020. However, there may be opportunities in a broader sector, such as creative, art, and entertainment activities, which have shown more stable development. Entrepreneurs should consider combining elements from this sector to increase the likelihood of viability. SmartGrunder can help entrepreneurs explore potential addresses and strategies in Lyngdal for this industry.