Knit Store in Stavanger: An Analysis of Companies, Statistics, and Outlooks

The knit store industry in Stavanger is a small but active sector with 16 registered companies in the municipality. Most of the companies are AS entities, and there is a clear concentration of activity in Stavanger city center, with fewer companies present in Finnøy and Hundvåg. The industry has experienced both growth and decline in sales and number of employees over time, with a significant decline in 2019 and a gradual increase since 2020. There is a mix of established companies and new, start-up businesses, which shows both stability and dynamism in the sector.

The industry has experienced variations in sales and number of employees over time. Sales declined sharply by 60.1% from 2018 to 2019, but have since experienced a gradual increase, with a rise of 13.2% from 2022 to 2023. The number of employees has been more stable, with a decline of 17.3% from 2023 to 2024, but an increase of 19.6% from 2025 to 2026. There is a clear variation in EBITDA margins, with both positive and negative values, showing differences in company performance.

In Stavanger, there are 16 companies registered in the knit store industry. The key companies include:

• Husfliden Stavanger As (Kirkegata 7, Stavanger): 12 employees, EBITDA -2%
• Garnkilden As (Torgveien 15A, Stavanger): 9 employees, EBITDA 0%
• Kid Interiør As (Gartnerveien 15, Stavanger): 8 employees, EBITDA 14%
• Magiske Masker As (Breigata 19, Stavanger): 7 employees, EBITDA 5%
• Oh My Garn As (Ryfylkegata 32, Stavanger): 7 employees, EBITDA 0%

Most companies are AS entities, with some DA and ENK entities. There are also several companies with 0 employees or sales, which may indicate start-up businesses or companies in transition phases.

The activity is concentrated in Stavanger, with 8 companies and 50 employees. Finnøy and Hundvåg have fewer companies, with 1 and 1 company respectively. There is a clear geographic concentration in Stavanger city center, which may be due to higher population density and better access to customers. Finnøy and Hundvåg have less activity, but there is still presence in these areas.

The industry has experienced both stability and uncertainty. There are no registered bankruptcies among the companies, but there are several companies with negative results or zero sales. For example, Oh My Garn As and M Atelier As have no sales or employees, which may indicate start-up status or challenges. There are also companies with high EBITDA margins, such as Kid Interiør As, which demonstrates good economic performance.

For entrepreneurs considering starting a knit store in Stavanger, it is important to be aware of both opportunities and challenges. The industry has proven to be dynamic, with variations in sales and employees over time. There are opportunities to establish oneself in Stavanger city center, where there is a concentration of activity. However, there is also competition from established companies and uncertainty in market development. Entrepreneurs should consider analyzing competitors and finding a differentiation in the offering.

The broader industry creative, arts, and entertainment activities has more companies (278) and higher sales (NOK 1063.7M in 2016) compared to the knit store industry. EBITDA margins are also higher in the broader industry, showing better economic performance. Nevertheless, the knit store industry has its own dynamism, with both positive and negative trends. There are opportunities to establish oneself in this sector, but it is also important to be aware of competition and market development.

The knit store industry in Stavanger is a small but active sector with both opportunities and challenges. There is a concentration of activity in Stavanger city center, and there are variations in sales and employees over time. Entrepreneurs should consider analyzing competitors and finding a differentiation in the offering. SmartGrunder can help entrepreneurs explore addresses in Stavanger for this industry, and provide a detailed analysis of opportunities and challenges.