Knit Store in Skien: Analysis of Companies, Statistics, and Outlooks

Industry Overview

The knit store industry in Skien is a small but active sector with 9 registered companies. In recent years, the industry has experienced both challenges and minor improvements. Although there has been a bankruptcy case (Dowlo As), data shows that there is still a stable presence of companies such as Strikkepinnen Skien As and Bernina Søm Og Strikk As. This indicates that the industry has certain resources and established players, even though there are variations in financial health between companies.

Economic Trends

Sales and Employees in the Knit Store Industry in Skien (2016–2025):

Sales have been unstable, with a significant decline of 16% from 2018 to 2019, but a gradual improvement after 2020. The number of employees has varied, with a sharp decline in 2019, but has stabilized since. This suggests that the industry has been affected by external factors, but has shown gradual adaptation.

Companies in the Industry

There are 9 companies registered in the knit store industry in Skien. The key companies include:

• Strikkepinnen Skien As (Ulefossvegen 40, Skien): AS entity, 7 employees, high EBITDA margin (4%).
• Bernina Søm Og Strikk As (Liegata 6, Skien): AS entity, 2 employees, negative EBITDA (-9%).
• Dowlo As (Nedre Hjellegate 13, Skien): AS entity, bankrupt.

Most companies are ENK (sole proprietorships), with only two AS companies. This shows that the industry consists of a mix of small, sole proprietorship businesses and a few larger companies.

Geographic Distribution

All companies in the knit store industry in Skien are registered in the city of Skien. There are 2 companies and 9 employees in Skien. No activity is registered in other city districts or municipalities. This indicates that the industry is concentrated in the center of the municipality, with possible advantages in terms of customer access and infrastructure.

The industry has experienced a bankruptcy case (Dowlo As), which shows that there are challenges related to operations and financing. Although there is a bankruptcy case, most companies are still in operation, and some have good financial health (e.g., Strikkepinnen Skien As). There are also variations in EBITDA margins, with both positive and negative figures. This shows that the industry has both stable and unstable players, which can be a challenge for new entrants.

Outlook for Entrepreneurs

For entrepreneurs considering starting a knit store in Skien, data shows that there is a small but stable market. There are opportunities to establish oneself in an existing sector with established companies, but there is also competition from these companies. It is important to assess financial stability and market position. SmartGrunder can help find suitable addresses in Skien for this industry, based on data and local conditions.

The broader creative, art, and entertainment activities sector in Skien has 136 companies, showing that this is a much larger and more diversified sector compared to the knit store industry. Sales in this sector have been more stable, with a decline of 30% in 2025, but an increase of 13.8% from 2021 to 2022. This suggests that the sector has greater resilience and growth potential. Peer companies in this sector include well-known names such as New Yorker, H&M, and Cubus, which can provide entrepreneurs with a broader perspective on competition and opportunities in the area.

The knit store industry in Skien is a small but active sector with both challenges and opportunities. There is a stable presence of companies, but there are also variations in financial health. The broader creative, art, and entertainment activities sector shows greater potential for growth and diversification. Entrepreneurs should consider both competition and local conditions before establishing themselves. SmartGrunder can help find suitable addresses and strategies to establish oneself in this industry in Skien.