Industry · municipality
Knit Store in Nittedal: An Analysis of the Business Sector, Companies, and Outlook
Economic Overview, Company Structure, and Future Potential for Entrepreneurs and Local Decision-Makers
Executive Summary
The knit store industry in Nittedal consists of 8 companies, but the activity is concentrated in Hagan, where the only operating company, Norgesmarkiser Amico As, operates with 5 employees and annual revenue of 7.9 million NOK. The industry has been marked by fluctuations in revenue and number of employees, with a decline of 34.4% in 2022, but an increase of 14.2% in 2025. A single bankruptcy (Indusia Design As) indicates a certain degree of instability, but there are no further bankruptcy registrations in the industry. The industry falls within the broader creative, arts, and entertainment activities sector, which has a more stable development.
Economic Overview
Revenue and employees in the knit store industry in Nittedal (2016–2025):
| Year | Revenue (NOK) | Employees | Annual change in revenue | Annual change in employees |
|---|---|---|---|---|
| 2016 | 11.7M | 9 | - | - |
| 2017 | 8.1M | 8 | -31.1% | -11.1% |
| 2018 | 8.3M | 7 | +3.4% | -12.5% |
| 2019 | 9.0M | 7 | +7.6% | 0.0% |
| 2020 | 9.0M | 7 | +0.8% | 0.0% |
| 2021 | 9.2M | 4 | +2.4% | -42.9% |
| 2022 | 6.1M | 4 | -34.4% | 0.0% |
| 2023 | 7.3M | 4 | +19.9% | 0.0% |
| 2024 | 6.8M | 4 | -5.8% | 0.0% |
| 2025 | 7.8M | 7 | +14.2% | +75.0% |
The industry experienced a sharp decline in 2022, but an increase in 2025. The number of employees had a dramatic decline in 2021, but a significant increase in 2025.
Companies in the Industry
In Nittedal, there are 8 registered companies in the knit store industry, but only one (Norgesmarkiser Amico As) has activity with reported figures. The other companies have either 0 employees or are registered as bankrupt. Organizational forms include AS and ENK, but most companies have not reported financial data.
Key companies:
- Norgesmarkiser Amico As (AS, 5 employees, 7.9M in revenue)
- Indusia Design As (AS, bankrupt)
- Bente Hansen (ENK, 0 employees, 0 in revenue)
- Det Lille Hjørnet Catharina Rode (ENK, 0 employees, 0 in revenue)
Most companies are small and have not reported revenue or employees.
Business Geography
Activity in the knit store industry is concentrated in Hagan, where the only operating company, Norgesmarkiser Amico As, operates. In Hagan, the company has 5 employees and revenue of 7.9 million NOK. Other districts such as Slattum and Hakadal have registered companies, but they have not reported activity.
Details for Hagan:
- Number of companies: 1
- Number of employees: 5
- Revenue: 7.9M
- EBITDA: 307,000
- Revenue growth: 13%
- EBITDA margin: 3%
Business Dynamism
The industry has been marked by a single bankruptcy: Indusia Design As in Hagan, which was registered as bankrupt in 2023. The company had 0 employees and 0 in revenue. There are no further bankruptcy registrations in the industry, but there is a certain instability in the number of employees and revenue.
Industry trends:
- Largest revenue decline: 34.4% in 2022
- Largest revenue increase: 14.2% in 2025
- Largest employee decline: 42.9% in 2021
- Largest employee increase: 75.0% in 2025
Outlook
Outlook for the knit store industry
The knit store industry in Nittedal has shown a certain degree of instability, but there is potential for growth in Hagan, where the only operating company has shown stable development. An increase in revenue in 2025 and an increase in the number of employees in the same year indicate that the industry may have a positive future. For entrepreneurs, it may be possible to utilize the existing infrastructure in Hagan, but it is important to be aware of bankruptcy risk and revenue fluctuations.
Recommendation:
- Focus on innovation and quality to ensure competitiveness
- Develop networks with local actors in the creative sector
- Monitor market changes and bankruptcy risk
Outlook for the Creative, Arts, and Entertainment Activities Sector
The broader creative, arts, and entertainment activities sector in Nittedal has 37 companies, while the knit store industry has only 8 companies. Revenue in the sector has shown a more stable development, with an increase of 21.6% in 2024. In comparison, the knit store industry has had a more fluctuating development, with a decline of 34.4% in 2022, but an increase of 14.2% in 2025.
Peer companies in the creative sector:
- Match Mosenteret Avd 283 (clothing store, 6 employees, 8.8M in revenue, 1.9M in EBITDA)
- Euro Sko Mosenteret (shoe store, 7 employees, 12.4M in revenue, 1.3M in EBITDA)
- Pckinvest As (clothing store, 1 employee, 81,000 in revenue, 980,000 in EBITDA)
The creative sector has a more stable development, but the knit store industry has shown a certain degree of resilience in recent years.
Other companies in kreative, kunst og underholdningsaktiviteter (not in knit store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Match Mosenteret Avd 283 | clothing store | Mattias skytters vei 2, 1482 Nittedal | NOK 8.8M | 6 | NOK 1.9M |
| Euro Sko Mosenteret | footwear store | Mattias skytters vei 2, 1482 Nittedal | NOK 12.4M | 7 | NOK 1.3M |
| Pckinvest As | clothing store | Blåtoppveien 20, 1481 Hagan | NOK 81.0K | 1 | NOK 980.0K |
| Per Hoberg As Avd Skoringen Nittedal | footwear store | Mo Senteret|Mattias skytters vei 2, 1482 Nittedal | NOK 1.5M | 0 | NOK 251.6K |
| Alexander Lamer Enk | second-hand goods store | Kvernstuveien 17C, 1482 Nittedal | NOK 0 | 0 | NOK 0 |
| Alexander Lamer Enk | second-hand goods store | Kvernstuveien 17C, 1482 Nittedal | NOK 0 | 0 | NOK 0 |
| Bækkevold Kreativ | clothing store | Gartnerisvingen 2B, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Darwish Jaufer | clothing store | Kjul terrasse 46, 1480 Slattum | NOK 0 | 0 | NOK 0 |
| Eirik Linna Mitzo | clothing store | Velveien 5, 1482 Nittedal | NOK 0 | 0 | NOK 0 |
| Fadi Zeneb | clothing store | Kruttverkveien 24, 1482 Nittedal | NOK 0 | 0 | NOK 0 |
| Fashionlight As | clothing store | Ånebyveien 80, 1484 Hakadal | NOK 0 | 0 | NOK 0 |
| Flyen Olsen Import | clothing store | Nedre Bjertnes 22, 1482 Nittedal | NOK 0 | 0 | NOK 0 |
| Geneviève Rahimi | clothing store | Carl Bergersens vei 20, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Kelmendi Boutique | clothing store | Solbakken terrasse 24B, 1480 Slattum | NOK 0 | 0 | NOK 0 |
| Kenneth Lee | second-hand goods store | Kjulsliveien 1, 1480 Slattum | NOK 0 | 0 | NOK 0 |
| Norsk Underholdning As | clothing store | Violveien 10D, 1487 Hakadal | NOK 0 | 0 | NOK 0 |
| Rolf Mørkhagen | clothing store | Glenneveien 24, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Rosso Luce As | clothing store | c/o Esmatullah Servary|Fuglåsveien 71, 1488 Hakadal | NOK 0 | 0 | NOK 0 |
| Seniorklær Akershus Maria Wiheden | clothing store | Kirkeveien 45, 1480 Slattum | NOK 0 | 0 | NOK 0 |
| Skins Originals As | clothing store | Snarefjellet 76, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Stop Shop Kari Marie Slinde | footwear store | Ånebyveien 28, 1484 Hakadal | NOK 0 | 0 | NOK 0 |
| Storm | clothing store | Hagens vei 4, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Tcprofil As | clothing store | Hadelandsveien 673, 1482 Nittedal | NOK 0 | 0 | NOK 0 |
| Va Nielsen | clothing store | Grindbråtan 11L, 1484 Hakadal | NOK 0 | 0 | NOK 0 |
| Visionary Da | clothing store | Eikeveien 6B, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Visionary Da | clothing store | Eikeveien 6B, 1481 Hagan | NOK 0 | 0 | NOK 0 |
| Linneas Hage As | clothing store | Rauerskauveien 632, 1482 Nittedal | NOK 1.5M | 0 | NOK -44.0K |
| Linneas Hage As | clothing store | Rauerskauveien 632, 1482 Nittedal | NOK 1.5M | 0 | NOK -44.0K |
| Oslo Retail As | clothing store | STRØMPE - Oslo Retail AS|C/O Direct House Oslo AS|Industriveien 2, 1481 Hagan | NOK 721.0K | 3 | NOK -96.0K |
Conclusion
The knit store industry in Nittedal has shown a certain degree of instability, but there is potential for growth in Hagan, where the only operating company has shown stable development. For entrepreneurs, it may be possible to utilize the existing infrastructure in Hagan, but it is important to be aware of bankruptcy risk and revenue fluctuations. The broader creative, arts, and entertainment activities sector has a more stable development, and it may be advantageous to leverage this sector to strengthen the knit store industry.
SmartGrunder can help entrepreneurs find suitable addresses in Nittedal for the knit store industry, based on local conditions and development trends.