Knit Store in Nes: An Analysis of Companies, Statistics, and Outlooks

Nes has a small but growing knit store industry with four registered companies. The only operational company, Fru Skogsletten Garnbutikk AS, dominates the market with seven employees and NOK 5.2 million in sales revenue. The industry has shown gradual sales growth since 2019, but with uncertainty in 2025. SmartGrunder can help entrepreneurs find suitable locations in Nes for this industry.

Sales and employees in the knit store industry in Nes (2016–2025):

Sales have increased by 1% annually since 2019, but stagnated in 2025. The number of employees has grown since 2022, but declined in 2025. Fru Skogsletten Garnbutikk AS has an EBITDA margin of 9% and a salary cost of NOK 1.4 million.

Four companies are registered in the knit store industry in Nes:

1. Fru Skogsletten Garnbutikk AS (Årnes) – AS structure, 7 employees, NOK 5.2M sales, EBITDA NOK 512.0K.
2. Bolette & Lauritz AS (Årnes) – AS structure, 0 employees, NOK 0 sales, EBITDA NOK -18.0K.
3. Elin Yetims Håndtverk (Hvam) – ENK structure, 0 employees, NOK 0 sales.
4. Ingrid Haugen (Årnes) – ENK structure, 0 employees, NOK 0 sales.

Organizational structure: 1 AS (Fru Skogsletten) and 3 ENK companies. The AS structure has higher revenue and employees, while ENK companies are inactive or newly established.

Årnes is the main hub for the knit store industry in Nes, with:

• 1 company (Fru Skogsletten Garnbutikk AS)
• 7 employees
• NOK 5.2M sales
• NOK 512.0K EBITDA

No other districts in Nes have activity in this industry. Årnes accounts for 100% of the industry's total sales and 100% of its employees.

Bankruptcies and financial stability:

• No companies in the industry are bankrupt, but two companies (Bolette & Lauritz AS, Elin Yetims Håndtverk) have negative or zero EBITDA.
• Fru Skogsletten Garnbutikk AS has high financial stability with NOK 1.6M equity and NOK 1.4M debt.
• Ingrid Haugen and Elin Yetims Håndtverk have no reported financial data.

Conclusion: The industry has low bankruptcy security, but Fru Skogsletten Garnbutikk AS is a stable player.

Outlook for Entrepreneurs

Trend Analysis:

• Sales have grown by 1% annually since 2019, but stagnated in 2025.
• Fru Skogsletten Garnbutikk AS is a stable player with a good margin (9%) and salary cost (NOK 1.4M).
• Årnes is the sole location for the industry, offering potential for local market dominance.

Risk:

• Low number of companies (4) and high dependence on one company.
• Two companies have negative or zero EBITDA, which could affect the industry's future growth.

Recommendation:

• Entrepreneurs should consider establishing themselves in Årnes, where Fru Skogsletten Garnbutikk AS has already established itself.
• Diversifying company structure and market share could strengthen the industry.

Creative, art, and entertainment activities in Nes have:

• 34 companies (compared to 4 in the knit store industry)
• Sales of NOK 54.4M in 2024 (compared to NOK 5.1M in knit store)
• 64 employees in 2026 (compared to 6 in knit store)

Peer companies in the broader industry (top 3 by EBITDA):

Conclusion: The broader industry has higher volume and diversification, while the knit store industry is small and specialized.

Knit store industry in Nes is small but growing, with Fru Skogsletten Garnbutikk AS as a stable player. Sales have increased since 2019, but the industry is dependent on one company. Årnes is the main hub, and entrepreneurs should consider establishing themselves there. The broader industry creative, art, and entertainment activities has higher volume and diversification, which could provide opportunities for collaboration or expansion.