Knit Store in Orkland: A Detailed Analysis of Companies, Statistics, and Outlooks

Other Observations

Orkland has a relatively small but active knit store industry with 3 registered companies. The most significant player is Ametrine As in Orkanger, which has a stable operation with 5 employees and an EBITDA margin of 2%. However, there is a clear variation in operational results between the companies, with Garnbutikken Fortuna As and Olga Lien reporting no revenues. This suggests that the industry has both established players and new, emerging companies.

The arts and entertainment sector (parent category) in Orkland is significantly larger, with 27 companies, and shows a more dynamic development than the knit store industry. This can be an important context for entrepreneurs considering establishing themselves in Orkland, as it indicates a broader cultural and creative infrastructure in the municipality.

Economic Trends

Sales Development (2016–2025):

• Highest sales: NOK 4.0M in 2021 (+13.8% from 2020)
• Lowest sales: NOK 3.2M in 2019
• Average annual sales growth: +1.3% in 2025

Employees (2016–2026):

• Highest number of employees: 8 in 2025
• Lowest number of employees: 4 in 2019 and 2020
• Average annual growth: +1.6% in 2025

Margins and Operational Results:

• Average gross margin: 57% (based on Orkanger data)
• Average EBITDA margin: 2% (Orkanger)
• Ametrine As has an EBITDA of NOK 78.0K and an operational profit of NOK 78.0K in 2026, while other companies in the industry have no reported operational results.

Registered Companies in the Industry

Total of 3 companies in Orkland:

1. Ametrine As (Grønørveien 7, Orkanger)

• Company form: AS
• Founded: 1997-06-11
• Employees: 5
• Operational profit: NOK 78.0K
• EBITDA: NOK 78.0K
• Sales: NOK 3.8M

1. Garnbutikken Fortuna As (Løkkenveien 290, Løkken Verk)

• Company form: AS
• Founded: 2020-08-19
• Employees: 2
• Operational profit: NOK 0
• EBITDA: NOK 0
• Sales: NOK 0

1. Olga Lien (Follovegen 21, Orkanger)

• Company form: ENK
• Founded: 2026-05-24
• Employees: 0
• Operational profit: NOK 0
• EBITDA: NOK 0
• Sales: NOK 0

Company Form Statistics:

• AS (2 companies, 7 employees)
• ENK (1 company, 0 employees)

Orkanger (1 company, 5 employees):

• Sales: NOK 3.8M
• Operational profit: NOK 78.0K
• EBITDA: NOK 78.0K
• Gross margin: 57%
• Operational profit per employee: NOK 631.5K
• EBITDA per employee: NOK 13.0K

Løkken Verk (1 company, 2 employees):

• Sales: NOK 0
• Operational profit: NOK 0
• EBITDA: NOK 0
• Gross margin: 0%
• Operational profit per employee: NOK 0
• EBITDA per employee: NOK 0

Conclusion: Orkanger is the only significant activity location in the industry, with a clear dominance from Ametrine As.

Bankruptcy Statistics:

• No bankruptcy-reported companies in the industry in Orkland (2016–2026)
• Ametrine As is the only company with operational results and EBITDA, while Garnbutikken Fortuna As and Olga Lien have no reported operational results

Operational Viability:

• Ametrine As has a stable operation with positive EBITDA and operational profit
• Garnbutikken Fortuna As and Olga Lien lack reported operational results, which may indicate new establishment or low operational activity
• Conclusion: The industry has a relatively stable operation, but with significant variations between companies

Outlook for Entrepreneurs

Opportunities:

• Ametrine As demonstrates that it is possible to achieve a stable operation in the industry with positive EBITDA and operational profit
• Orkanger has an existing infrastructure and customer base from Ametrine As that can be an advantage for new players
• The arts and entertainment sector in Orkland has a broader cultural infrastructure that can support a knit store shop with a creative focus

Challenges:

• Garnbutikken Fortuna As and Olga Lien have no reported operational results, which may indicate challenges in achieving operational viability
• Competition from the creative, arts, and entertainment activities sector may be a challenge for a knit store shop without unique differentiation
• Conclusion: It is possible to establish oneself in Orkland, but it requires clear differentiation and a stable operational model

Parent Category (creative, arts, and entertainment activities) in Orkland has a much larger scope than the knit store industry:

• 27 companies in the parent category vs. 3 companies in the knit store industry
• NOK 142.3M in sales in 2023 (parent category) vs. NOK 3.8M in 2026 (knit store)
• 142 employees in the parent category in 2023 vs. 7 employees in the knit store industry in 2026

Peer Companies in the Parent Category:

• Kappahl As Avd 368 Orkanger (sales: NOK 20.1M, EBITDA: NOK 2.3M, employees: 14)
• Match Orkanger Avd 315 (sales: NOK 8.8M, EBITDA: NOK 1.9M, employees: 8)
• Dressmann Thon Senter Orkanger Avd 186 (sales: NOK 11.9M, EBITDA: NOK 1.9M, employees: 7)
• H & M Hennes & Mauritz As Avd 875 Orkanger (sales: NOK 23.9M, EBITDA: NOK 1.1M, employees: 16)

Conclusion: The parent category has a much larger scope and operational results, which can be an important context for entrepreneurs considering establishing themselves in Orkland

Conclusion

The knit store industry in Orkland has a relatively small but active structure with 3 companies. The most significant player is Ametrine As in Orkanger, which has a stable operation with 5 employees and an EBITDA margin of 2%. However, there is a clear variation in operational results between the companies, with Garnbutikken Fortuna As and Olga Lien having no reported revenues. This suggests that the industry has both established players and new, emerging companies.

The arts and entertainment sector (parent category) in Orkland has a much larger scope, with 27 companies, and shows a more dynamic development than the knit store industry. This can be an important context for entrepreneurs considering establishing themselves in Orkland, as it indicates a broader cultural and creative infrastructure in the municipality.

SmartGrunder can help entrepreneurs find suitable locations in Orkland for a knit store shop, based on operational data and market analyses.