Knit Store Industry in Nordre Follo: A Comprehensive Analysis

Industry Overview

The knit store industry in Nordre Follo consists of 12 companies, with a mix of AS and ENK organizational forms. The only organizational form with operating income is AS, with two companies and 11 employees. The most active neighborhood is Ski, where two companies and 11 employees are registered. The industry has experienced variations in sales and number of employees over time, with a marked increase in 2023 followed by a decline in 2026. There is no publicly disclosed bankruptcy data for the industry, but some companies show negative operating results.

Sales and Employees Over Time:

Key Points:

• Sales experienced a marked decline from 2016 to 2018, followed by an increase in 2020–2023.
• The number of employees experienced an extreme decline in 2018 (from 28 to 3), but a strong increase in 2022–2023.
• 2026 shows a decline in both sales and number of employees, which may indicate instability in the industry.

Registered Companies in Nordre Follo:

1. Nøstet Mitt AS (Ski Storsenter, Jernbanesvingen 6, Ski)

• Organizational form: AS
• Founded: 2022-06-01
• Number of employees: 8
• Operating income: NOK 0
• Sales: NOK 0

1. Nåløyet AS (Torgveien 2, Ski)

• Organizational form: AS
• Founded: 2016-03-28
• Number of employees: 3
• Operating income: NOK 4.6M
• Sales: NOK 4.6M

1. Bare Blanks AS (Rosenholmveien 25, Trollåsen)

• Organizational form: AS
• Founded: 2026-02-04
• Number of employees: 0
• Operating income: NOK 0
• Sales: NOK 0

Other Information:

• Most companies have no operating income or sales, with the exception of Nåløyet AS.
• There is no publicly disclosed bankruptcy data for the industry.

Distribution of Companies in the Municipality:

Analysis:

• Ski is the most active neighborhood with 2 companies and 11 employees.
• There is no data on activity in other neighborhoods in the municipality.
• Focus on Ski as an important market area for the industry.

Bankruptcy and Operating Results:

• There is no publicly disclosed bankruptcy data for the industry in Nordre Follo.
• Nøstet Mitt AS and Bare Blanks AS have no operating income or sales, which may indicate previous or current operating challenges.
• Ghaia AS has a negative operating result of NOK -38.0K, which may indicate economic challenges.

Conclusion:

• The industry shows variations in operating results, but there are no publicly disclosed bankruptcies.
• Some companies have negative operating results, which may be a challenge for new entrants.

Outlook for Founders

Data Analysis:

• Sales: There is an increase in sales from 2023 to 2025, but a decline in 2026. This may indicate a temporary boom, but also instability.
• Number of Employees: A strong increase in 2022–2023, but a decline in 2026. This may indicate a short-term boom in the industry.
• Competitiveness: There are few companies in the industry, which may provide opportunities for new entrants, but also challenges with competition from larger companies in nearby sectors.

Recommendation:

• Founders should consider focusing on Ski as an important market area.
• It is important to analyze operating results and competitiveness before investment.
• SmartGrunder can help find suitable locations in the municipality for this industry.

Creative, Arts, and Entertainment Activities:

• Number of Companies: 131 companies in the overarching industry, compared to 12 companies in the knit store industry.
• Sales: The overarching industry had sales of NOK 832.0M in 2016, but a decline to NOK 255.1M in 2025.
• Number of Employees: 646 employees in 2016, but a decline to 487 employees in 2026.

Peer Companies:

• H & M Hennes & Mauritz AS Avd 725 Ski Storsenter: Sales NOK 71.6M, EBITDA NOK 3.2M, 48 employees.
• Match Ski Avd 296: Sales NOK 13.2M, EBITDA NOK 2.9M, 12 employees.
• Cubus Thon Senter Ski Avd 913: Sales NOK 30.4M, EBITDA NOK 2.8M, 17 employees.

Conclusion:

• The overarching industry has a larger number of companies and higher sales, but also a decline in recent years.
• The knit store industry is less developed compared to the overarching industry, but may have growth opportunities in a competitive market.

The knit store industry in Nordre Follo has a variable history with sales and number of employees, with an increase in 2023 followed by a decline in 2026. There are few companies in the industry, but there are opportunities for growth in a competitive market. The overarching industry (creative, arts, and entertainment activities) has a larger number of companies and higher sales, but also a decline in recent years. Founders should consider focusing on Ski as an important market area and analyze operating results and competitiveness before investment. SmartGrunder can help find suitable locations in the municipality for this industry.