Knit Store in Notodden

Industry Overview

In Notodden, there are 5 companies registered within the knit store industry. In recent years, the number of employees in the industry has varied between 2 and 9 people, with a decline of 66.7% from 2019 to 2020. Sales have also been unstable, with a sharp decline from 2.3 million NOK in 2018 to 0 NOK in 2019 and onwards. This shows that the industry has been affected by external factors, which may have influenced consumption or competition.

Development Trends

Sales have shown an increase of 14.0% from 2016 to 2017 and 14.7% from 2017 to 2018, but then a sharp decline of 100.0% in 2019. The number of employees has had a similar development, with an increase up to 2018, followed by a dramatic decline in 2020. This may indicate that the industry has been affected by external conditions, such as economic crises or changes in customers' preferences.

Organizational Forms

The registered companies in Notodden have mainly been organized as ENK (sole proprietorship) and AS (limited liability company). There is 1 ENK company with 3 employees and 1 AS company with 1 employee. This shows that there is a mix of small and medium-sized companies in the industry.

Sales and Employees

In Notodden, sales in the knit store industry increased from 1.7 million NOK in 2016 to 2.3 million NOK in 2018, before sharply falling to 0 NOK in 2019 and onwards. This shows an unstable development in sales, which may have been influenced by external factors.

The number of employees has also been unstable, with an increase from 7 to 9 people from 2016 to 2018, followed by a sharp decline to 2 people in 2020. This may indicate that the industry has been affected by external conditions, such as economic crises or changes in customers' preferences.

Annual Development

Annual development shows that the industry had an increase in both sales and the number of employees up to 2018, followed by a sharp decline in 2019. This may indicate that the industry has been affected by external conditions, such as economic crises or changes in customers' preferences.

Registered Companies

In Notodden, there are 5 companies registered within the knit store industry. These companies are:

1. Alvhild Jørgensen Eftf. Garn Og Brukskunst Ingrid Lene Langedok – located at Oscar Nissens gate 3, Notodden. This company is an ENK company and has 3 employees.
2. Strikkelåven As – located at Villandvegen 85, Notodden. This company is an AS company and has 1 employee.
3. Anetts Strikkehjørne Røssland – located at Oscar Nissens gate 3, Notodden. This company is an ENK company and has 0 employees.
4. Mahboubihajiagha Persi Enk – located at Sætregata 39, Notodden. This company is an ENK company and has 0 employees.
5. Persi Design As – located at Sætregata 39, Notodden. This company is an AS company and has 0 employees.

Organizational Forms

The registered companies in Notodden have mainly been organized as ENK (sole proprietorship) and AS (limited liability company). There is 1 ENK company with 3 employees and 1 AS company with 1 employee. This shows that there is a mix of small and medium-sized companies in the industry.

Distribution of Activity

In Notodden, the activity within the knit store industry is distributed as follows:

• Notodden: 2 companies, 4 employees, 0 NOK in operating income, 0 NOK in sales, 0 NOK in wages, 0 NOK in operating profit, 0 NOK in EBITDA, 0 NOK in gross profit, 0 NOK in equity, 0 NOK in debt, 0% growth in sales, 0 NOK in operating income per employee, 0% EBITDA margin, 0 NOK in EBITDA per employee, 0% gross margin, 0% operating margin.

This shows that the activity in the industry is concentrated in Notodden, but with a low number of companies and employees.

Bankruptcies and Dynamics

In Notodden, there are no registered bankruptcies within the knit store industry. This shows that the industry has been relatively stable in terms of bankruptcy, even though there has been a decline in the number of employees and sales in recent years.

Industry Dynamics

The industry has been affected by a decline in the number of employees and sales, especially from 2019 onwards. This may indicate that the industry has been affected by external conditions, such as economic crises or changes in customers' preferences. This may also indicate that there is a competitive market environment, where companies must adapt to survive.

Outlook for Entrepreneurs

For entrepreneurs considering starting a knit store business in Notodden, there may be both challenges and opportunities. In recent years, the industry has been affected by a decline in the number of employees and sales, especially from 2019 onwards. This may indicate that there is a competitive market environment, where companies must adapt to survive.

Opportunities and Challenges

Although there has been a decline in the number of employees and sales, there may be opportunities for new companies wishing to establish themselves in the industry. This may be particularly relevant if there is an increase in demand for products from the knit store industry in Notodden. This may also be an opportunity for companies wishing to develop and adapt to survive in a competitive market environment.

Comparison with Broader Industry

In Notodden, there are 29 companies registered within the creative, arts, and entertainment activities industry, which is a broader category than the knit store industry. This shows that there is greater activity within the creative, arts, and entertainment activities industry in Notodden than within the knit store industry.

Development in Broader Industry

Sales in the creative, arts, and entertainment activities industry have been unstable, with a decline from 57.8 million NOK in 2016 to 42.2 million NOK in 2025. The number of employees has also been unstable, with a decline from 77 to 47 people from 2016 to 2026. This shows that the industry has been affected by external factors, such as economic crises or changes in customers' preferences.

Peer Companies

In the creative, arts, and entertainment activities industry in Notodden, there are several companies that are not in the knit store industry. These companies include, for example, Match Tuven Avd 288, Cubus Notodden Avd 81e, Eurosko Tuvensenteret, Dressmann As Avd 238 Tuven Senter, Kappahl As Avd 419 Notodden, Lizzi Klær As, Andersen Creations, Bjørg Margrethe Høyset Skotøyforretning, Dscplnd As, Gateglede Cosmin Vilceanu, Gjenbruksforeningen, Notodden Kirke, Gravergården Brukthandel Morten Røraas, Lisbeths Lille Gavehus As, Lookatus Oslo Michal Stefan Jeziorowski, Non Stop Da, Notodden Gjennbruk Da, Rulnes Mynt Og Brukt, Runaway Rainers Calmans, Sesam Klær Og Gaver Bente Tellefsen, and Zavanna Tuven Senter Avd 593. These companies have different EBITDA values, with Cubus Notodden Avd 81e having the highest EBITDA value of 20.3 million NOK.

Knit store industry in Notodden has been affected by a decline in the number of employees and sales in recent years, especially from 2019 onwards. This may indicate that the industry has been affected by external conditions, such as economic crises or changes in customers' preferences. This may also indicate that there is a competitive market environment, where companies must adapt to survive.

For entrepreneurs considering starting a knit store business in Notodden, there may be both challenges and opportunities. This may be particularly relevant if there is an increase in demand for products from the knit store industry in Notodden. This may also be an opportunity for companies wishing to develop and adapt to survive in a competitive market environment.

SmartGrunder can help entrepreneurs find suitable addresses in Notodden for the knit store industry, where it is natural to establish themselves.