Industry · municipality
Knit store in Østre Toten: A Detailed Analysis of Companies, Statistics, and Outlooks
An overview of the industry in the municipality of Østre Toten with a focus on economic trends, companies, and future outlooks.
Executive Summary
Østre Toten: A Short Introduction
Østre Toten is a municipality in Innlandet county with a rich history and a growing industrial sector. In this article, we focus on the knit store industry in the municipality, with an analysis of companies, economic trends, and future outlooks. The data covers the period 2016–2025 and provides a detailed picture of the industry's development.
Economic Overview
Economic Trends for Knit Store in Østre Toten
Sales and Employees:
- Sales: In 2025, total sales in the industry amounted to NOK 4.0 million, with an annual decline of 4.2% compared to 2024. There have been variations over the years, with an increase of +5.3% from 2019 to 2020 and a decline of -12.9% from 2021 to 2022.
- Employees: The number of employees has varied between 10 and 21 over the years, with an increase of +31.2% from 2025 to 2026. There is a clear trend toward growth after 2023, which may indicate an improvement in the industry's activity.
Short overview of sales and employees (2016–2025):
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 5.4M | 13 |
| 2025 | 4.0M | 16 |
Conclusion: The industry has been unstable over the years, but there are signs of an increase in both sales and employees after 2023.
Companies in the Industry
Companies in the Knit Store Industry in Østre Toten
In Østre Toten, there are 10 companies registered in the knit store industry. These companies have different organizational forms, mainly ENK (sole proprietorship) and AS (limited company). Here are some of the most well-known companies:
- Berit Tveter Alm Hestesport (Kapp): ENK, 13 employees, no sales reported.
- Syskrinet As (Lena): AS, 9 employees, sales of NOK 3.5 million in 2025.
- Gjøvik Broderiforretning As (Kapp): AS, 0 employees, sales of NOK 505,000 in 2025.
Organizational form statistics:
| Organizational Form | Number of Companies | Number of Employees |
|---|---|---|
| ENK | 1 | 13 |
| AS | 1 | 9 |
Conclusion: The industry is dominated by small companies, with a mix of ENK and AS. There is a clear difference in financial health between the companies, with some reporting losses and others having positive EBITDA.
Business Geography
Business Geography in the Knit Store Industry
In Østre Toten, activity in the knit store industry is distributed across two main locations: Kapp and Lena. Here is a detailed overview:
Kapp:
- Number of companies: 1
- Number of employees: 13
- Sales: 0 NOK
- EBITDA: 0 NOK
Lena:
- Number of companies: 1
- Number of employees: 9
- Sales: NOK 3.5 million
- EBITDA: -NOK 60,000
Conclusion: Lena has a more active industry with a company reporting sales, while Kapp has a company without sales. There is a clear difference in financial health between the two locations.
Business Dynamics
Business Dynamics and Bankruptcy Statistics
Bankruptcy Statistics: None of the 10 companies in the knit store industry in Østre Toten have been in bankruptcy, which shows a relative stability in the industry. This is a positive indicator for investors and entrepreneurs.
Financial Health:
- Positive EBITDA: Gjøvik Broderiforretning As has an EBITDA of +NOK 122,000 in 2025, which indicates good financial health.
- Negative EBITDA: Syskrinet As has an EBITDA of -NOK 60,000 in 2025, which indicates a financial challenge.
Conclusion: The industry has a mix of companies with both positive and negative financial health. It is important to consider this when evaluating starting a company in the industry.
Outlook
Outlook for Knit Store in Østre Toten
Trend Analysis:
- Sales: There is a clear decline in sales from 2021 to 2022, but an increase from 2023 to 2024. This may indicate an improvement in the industry's activity after 2023.
- Employees: There is an increase in the number of employees from 2023 to 2026, which may indicate an increase in activity and the establishment of new companies.
Conclusion: There are signs of growth in the industry after 2023, with an increase in both sales and employees. This can be a good outlook for entrepreneurs who want to start a company in the industry.
Outlook for Creative, Art, and Entertainment Activities
Outlook for Creative, Art, and Entertainment Activities in Østre Toten
Creative, art, and entertainment activities are a broader industry that includes knit store, but also other sectors such as clothing stores, shoe stores, and second-hand stores. Here is a comparison:
Sales:
- Knit store: NOK 4.0 million in 2025.
- Creative, art, and entertainment activities: NOK 23.9 million in 2025.
Employees:
- Knit store: 16 employees in 2025.
- Creative, art, and entertainment activities: 44 employees in 2025.
Peer companies:
| Name | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|
| Sulland Mote As | Storg, 2850 Lena | NOK 11.5M | 12 | NOK 681.0K |
| Euro Sko Lena | Narumgården, 2850 Lena | NOK 4.3M | 1 | NOK 321.4K |
| Bære Gutta As | Lenagata 57, 2850 | NOK 2.4M | 2 | NOK 170.0K |
Conclusion: Creative, art, and entertainment activities have a much larger market share and more employees than knit store. This can be an important factor to consider when evaluating starting a company in the industry.
Other companies in kreative, kunst og underholdningsaktiviteter (not in knit store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Sulland Mote As | clothing store | Storg, 2850 Lena | NOK 11.5M | 12 | NOK 681.0K |
| Euro Sko Lena | footwear store | Narumgården, 2850 Lena | NOK 4.3M | 1 | NOK 321.4K |
| Bære Gutta As | clothing store | Lenagata 57, 2850 | NOK 2.4M | 2 | NOK 170.0K |
| Lervold Auksjonsforretning As | second-hand goods store | 0, 2850 Lena | NOK 3.7M | 4 | NOK 44.0K |
| Brukbar Toten As | second-hand goods store | Kinogata 10, 2850 Lena | NOK 0 | 0 | NOK 0 |
| Hagen Brukt Og Transport | second-hand goods store | Kolbulinna 289, 2850 Lena | NOK 0 | 0 | NOK 0 |
| Lervold Antikk Kai Lervold | second-hand goods store | Hveemsvegen 105, 2850 Lena | NOK 0 | 0 | NOK 0 |
| Madam Maud As | clothing store | Jerikovegen 4, 2848 Skreia | NOK 0 | 1 | NOK 0 |
| Roman Ilinskyi | clothing store | Engevegen 10, 2849 Kapp | NOK 0 | 0 | NOK 0 |
| Tones Bunadstue As | national clothing store | Starumsvegen 139, 2850 Lena | NOK 0 | 8 | NOK 0 |
| Toten Second Hand Alf A. Aasen | second-hand goods store | Kvennomslinna 5, 2848 Skreia | NOK 0 | 0 | NOK 0 |
| Toten Second Hand Alf A. Aasen | second-hand goods store | Kvennomslinna 5, 2848 Skreia | NOK 0 | 0 | NOK 0 |
| As Peter Aas | clothing store | Totenvegen 786, 2848 Skreia | NOK 3.4M | 10 | NOK -3.6M |
Conclusion
The knit store industry in Østre Toten has shown variations in sales and employees over the years, but there are signs of growth after 2023. There is a mix of companies with both positive and negative financial health, which can be a challenge for entrepreneurs. Nevertheless, there is potential for growth, especially with the increasing number of employees and sales after 2023. SmartGrunder can help entrepreneurs find good addresses in the municipality for this industry, with a focus on development opportunities and natural conditions.