Industry · municipality
Knit Store in Molde: Industry Overview and Outlook
Analysis of sales, companies, and development trends in Molde for the knit store industry and comparison with the overarching industry (creative, art, and entertainment activities). This document provides entrepreneurs and local decision-makers with an overview of the industry an
Executive Summary
Industry Overview
The knit store industry in Molde is represented by one active company, Inspirerende Hobby As, which operates from Storgata 56. The industry shows a mix of stability and variations in sales and number of employees over time. With only one company in the industry, it is important to closely monitor developments to identify potential growth opportunities or challenges.
Key Figures
- Sales: 4.9 million NOK in 2025, with an annual growth of 6.1% from 2024.
- Employees: 7 employees in 2025, with a decrease from 9 employees in 2024.
- EBITDA margin: 3%, indicating moderate profitability.
- Cost of goods sold: 45%, suggesting good cost control.
Development Trends
The industry has experienced variations in sales and number of employees over time, with a significant increase in 2020 (33.5% increase in sales) and a decline in 2021 (21.1%). It is important to follow these trends to understand how the industry may develop in the future.
Economic Overview
Sales and Employees Over Time
Sales: Sales for knit store companies in Molde have varied over time, with a highest value of 5.2 million NOK in 2016 and a lowest of 4.2 million NOK in 2019. In 2025, sales increased to 4.9 million NOK, indicating stabilization after a decline in 2021.
Employees: The number of employees has shown a decline over time, from 15 employees in 2016 to 7 employees in 2025. The most significant decline was recorded in 2022 (41.7%), while there was a small increase in 2026 (14.3%).
Annual Variations
- 2016→2017: Sales down 6.0%, employees down 6.7%.
- 2019→2020: Sales up 33.5%, employees unchanged.
- 2020→2021: Sales down 21.1%, employees down 25.0%.
- 2025→2026: Sales up 6.1%, employees up 14.3%.
Conclusion
The industry has experienced variations in both sales and number of employees, but there is a slight improvement in 2026. This may indicate potential stabilization or growth in the future.
Companies in the Industry
Active Companies in the Industry
There is one company registered in the knit store industry in Molde: Inspirerende Hobby As, which is registered at Storgata 56, Molde. The company was founded in 2011 and has the following key figures:
- Legal form: AS
- Number of employees: 9
- Sales: 4.9 million NOK
- EBITDA: 165,000 NOK
- Cost of goods sold: 2.2 million NOK
- Total equity: 1.3 million NOK
- Total debt: 1.2 million NOK
- Annual sales growth: 5%
- EBITDA margin: 3%
- Cost of goods sold margin: 45%
- Operating margin: 3%
Legal Form
- AS: 1 company, 9 employees, 4.9 million NOK in sales, 165,000 NOK in EBITDA, 45% cost of goods sold margin.
Summary
Inspirerende Hobby As is the only company in the industry, and has a stable financial position with good cost control and moderate profitability.
Business Geography
Distribution of Activity in the Municipality
Activity in the knit store industry in Molde is concentrated in Molde. There is one company registered in the municipality, and all activities take place in Molde.
Distribution by City/Location
- Molde: 1 company, 9 employees, 4.9 million NOK in sales, 165,000 NOK in EBITDA, 45% cost of goods sold margin.
Summary
The industry is concentrated in Molde, and there is one company operating in the municipality. This indicates a small market share and possibly limited competitiveness in the area.
Business Dynamics
Bankruptcies and Operational Dynamics
There are no bankruptcies registered for knit store companies in Molde. Inspirerende Hobby As is still in operation and has not been under bankruptcy.
Operational Results
- EBITDA: 165,000 NOK, giving an EBITDA margin of 3%.
- Cost of goods sold: 2.2 million NOK, giving a cost of goods sold margin of 45%.
- Operating profit: 165,000 NOK, giving an operating margin of 3%.
Summary
The industry has not experienced bankruptcies, and the single company has a stable financial position. This indicates good operational results and good cost control.
Outlook
Development for Entrepreneurs
For entrepreneurs considering starting a business in the knit store industry in Molde, it is important to consider the following:
- Market size: The industry is small with one company, which can provide opportunities for growth and development.
- Competitiveness: There is one company in the industry, which can provide opportunities to establish oneself in the market.
- Operational results: The single company has a stable financial position with good cost control and moderate profitability.
- Development trends: Sales and number of employees have varied over time, but there is a slight improvement in 2026, which may indicate potential stabilization or growth in the future.
Summary
The industry has potential for growth and development, but it is important to closely monitor developments to identify potential challenges and opportunities.
Outlook for the Overarching Industry
Development in the Overarching Industry
The creative, art, and entertainment activities industry in Molde has a larger number of companies (52) compared to the knit store industry (1). This indicates a more diversified industry with more opportunities for growth and development.
Key Figures for the Overarching Industry
- Sales: 160.8 million NOK in 2025, with a decline of 38.1% from 2024.
- Employees: 268 employees in 2026, with a slight increase from 265 employees in 2025.
- EBITDA: Variation in EBITDA between companies, with the highest value of 5.0 million NOK for Endre Røsok As Avd Molde Storgata.
- Sales: Highest sales for Aandahls Storgata Molde with 47.4 million NOK.
Peer Companies
- Endre Røsok As Avd Molde Storgata: 5 employees, 42.2 million NOK in sales, 5.0 million NOK in EBITDA.
- Dressmann Thon Senter Roseby Avd 144: 11 employees, 18.7 million NOK in sales, 3.0 million NOK in EBITDA.
- Aandahls Storgata Molde: 57 employees, 47.4 million NOK in sales, 1.6 million NOK in EBITDA.
- Kappahl As Avd 336 Molde: 10 employees, 13.4 million NOK in sales, 1.5 million NOK in EBITDA.
- H & M Hennes & Mauritz As Avd 753 Roseby Amfi Kjøpesenter: 20 employees, 33.4 million NOK in sales, 1.5 million NOK in EBITDA.
Summary
The overarching industry has a larger number of companies and higher sales compared to the knit store industry. This indicates a more diversified industry with more opportunities for growth and development.
Other companies in kreative, kunst og underholdningsaktiviteter (not in knit store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Endre Røsok As Avd Molde Storgata | footwear store | Storgata 21, 6413 Molde | NOK 42.2M | 5 | NOK 5.0M |
| Dressmann Thon Senter Roseby Avd 144 | clothing store | Lingedalsvegen 6, 6415 Molde | NOK 18.7M | 11 | NOK 3.0M |
| Aandahls Storgata Molde | clothing store | Storgata 35, 6413 Molde | NOK 47.4M | 57 | NOK 1.6M |
| Kappahl As Avd 336 Molde | clothing store | Lingedalsveien 6-10, 6415 Molde | NOK 13.4M | 10 | NOK 1.5M |
| H & M Hennes & Mauritz As Avd 753 Roseby Amfi Kjøpesenter | clothing store | Lingedalsvegen 10, 6415 Molde | NOK 33.4M | 20 | NOK 1.5M |
| Capone Molde | clothing store | Lingedalsvegen 6, 6415 Molde | NOK 19.3M | 18 | NOK 1.2M |
| Volt Thon Senter Moldetorget Avd 258 | clothing store | Torget 1, 6413 Molde | NOK 14.5M | 8 | NOK 1.1M |
| Decades Roseby Avd 430 | clothing store | Rosbeby Senter|Lingedalsveien 6-10, 6415 Molde | NOK 4.4M | 5 | NOK 971.0K |
| Louise Odier As | clothing store | Storgata 23, 6413 Molde | NOK 4.0M | 3 | NOK 823.0K |
| Lindex As Avd Molde | clothing store | Storgata 40, 6413 Molde | NOK 17.6M | 13 | NOK 646.8K |
| Brn Best Retail Norge As Avd Roseby Norge | clothing store | Amfi Roseby|Lingedalsvegen 6, 6415 Molde | NOK 11.0M | 11 | NOK 596.1K |
| Carlings Thon Senter Roseby Avd 535 | clothing store | Lingedalsveien 6-10, 6415 Molde | NOK 8.7M | 9 | NOK 521.2K |
| Mia Bao Molde As | clothing store | Storgata 24, 6413 Molde | NOK 4.2M | 7 | NOK 430.0K |
| Røsok Holding As | footwear store | Storgata 21, 6413 Molde | NOK 1.7M | 1 | NOK 286.0K |
| B Røthe As Avd Skoringen Molde | footwear store | Storgata 51B, 6413 Molde | NOK 3.6M | 3 | NOK 250.8K |
| Snos Molde As | footwear store | Bagorama Roseby|Lingedalsvegen 6, 6415 Molde | NOK 4.4M | 4 | NOK 239.0K |
| Change Of Scandinavia Roseby Molde | clothing store | Lingedalsvegen 6, 6415 Molde | NOK 8.1M | 9 | NOK 224.6K |
| Jack & Jones Moldetorget | clothing store | Torget 1, 6413 Molde | NOK 7.5M | 0 | NOK 216.2K |
| Aandahls Roseby Herre | clothing store | Roseby kjøpesenter|Lingedalsvegen 6, 6415 Molde | NOK 6.1M | 7 | NOK 205.8K |
| Aandahls Roseby Dame | clothing store | Lingedalsveien 6-10, 6415 Molde | NOK 4.1M | 5 | NOK 139.4K |
| Ann Kathrins Motebutikk As Avd Molde | clothing store | Storgata 11, 6413 Molde | NOK 0 | 0 | NOK 0 |
| B.young Molde Rosebyen | clothing store | Lingedalsvegen 6, 6415 Molde | NOK 0 | 7 | NOK 0 |
| Brn Best Retail Norge As Avd Best Kids Roseby | clothing store | Lingedalsvegen 6, 6415 Molde | NOK 0 | 0 | NOK 0 |
| Bunadstilbehør As | clothing store | Storgata 17A, 6413 Molde | NOK 0 | 0 | NOK 0 |
| Bunadstilbehør As | clothing store | Storgata 17A, 6413 Molde | NOK 0 | 0 | NOK 0 |
| Bøyum Folkeseth Scandiavintage | second-hand goods store | Sollivegen 41, 6414 Molde | NOK 0 | 0 | NOK 0 |
| Claire Shop Molde | clothing store | Torget 1, 6413 Molde | NOK 0 | 7 | NOK 0 |
| Coda Gravem | clothing store | Langmyrvegen 20A, 6413 Molde | NOK 0 | 0 | NOK 0 |
| Cubus Thon Senter Roseby Avd 85a | clothing store | Lingdalsveien 6-10, 6415 Molde | NOK 0 | 11 | NOK 0 |
| Endre Røsok As Avd Molde Lingedalsvegen | footwear store | Lingedalsvegen 10, 6415 Molde | NOK 0 | 12 | NOK 0 |
| Fretex Miljø As Avd Butikk Molde | second-hand goods store | Lingedalsvegen 9, 6415 Molde | NOK 0 | 8 | NOK 0 |
| Heggset Embroidery Studio | clothing store | Ingrids veg 9, 6429 Molde | NOK 0 | 0 | NOK 0 |
| Heggset Embroidery Studio | clothing store | Ingrids veg 9, 6429 Molde | NOK 0 | 0 | NOK 0 |
| Holen 999 Smykke Og Brand Name | second-hand goods store | c/o Laksanawadee Holen|Jevikråket 10, 6460 Eidsvåg I Romsdal | NOK 0 | 0 | NOK 0 |
| Inge Pettersen Antikk | second-hand goods store | Fjellvegen 10, 6423 Molde | NOK 0 | 0 | NOK 0 |
| Jenkins Berg Clothing | clothing store | Gørvellalleen 3, 6413 Molde | NOK 0 | 0 | NOK 0 |
| Jenkins Berg Clothing | clothing store | Gørvellalleen 3, 6413 Molde | NOK 0 | 0 | NOK 0 |
| Match Roseby Avd 333 | clothing store | Lingedalsvegen 6-10, 6415 Molde | NOK 0 | 5 | NOK 0 |
| Mauseth Bare | clothing store | Solbakken 32D, 6429 Molde | NOK 0 | 0 | NOK 0 |
| Miss Gangstads Retro | second-hand goods store | Strandgata 23, 6415 Molde | NOK 0 | 0 | NOK 0 |
Conclusion
The knit store industry in Molde is represented by one company, Inspirerende Hobby As, which has a stable financial position with good cost control and moderate profitability. The industry has experienced variations in sales and number of employees over time, but there is a slight improvement in 2026, which may indicate potential stabilization or growth in the future.
The overarching industry (creative, art, and entertainment activities) has a larger number of companies and higher sales compared to the knit store industry. This indicates a more diversified industry with more opportunities for growth and development.
For entrepreneurs considering starting a business in the knit store industry in Molde, it is important to evaluate the potential for growth and development, as well as closely monitor developments to identify potential challenges and opportunities.