Knit Store in Sunnfjord

Industry Overview

The Knit Store industry in Sunnfjord is a small but dynamic sector focused on textile trade. In 2025, the industry had an annual revenue of NOK 6.6 million, an increase of 31.0% compared to 2024. The number of employees has varied over the years but stabilized at 7 employees in 2026. The only active company in the industry is Strikkeverda As, which has been in operation since 2010 and has 8 employees. The other companies in the industry are either newly established or have no activity.

The industry has shown strong growth in recent years, especially after 2020, but there are few actors. This provides opportunities for innovation and market share, but also challenges with resources and competition from larger actors in adjacent sectors.

The Knit Store industry in Sunnfjord has shown growth in both sales and number of employees over the past few years. The development is shown below:

Sales have increased by 31.0% from 2024 to 2025, indicating strong market participation. The number of employees has been relatively stable, with minor variations over the years. The only active company, Strikkeverda As, had an annual revenue of NOK 6.7 million in 2025 and 8 employees. This shows that the industry has a solid economic foundation, even though there are limited actors.

In Sunnfjord, there are 4 companies registered in the Knit Store industry. They are:

1. Strikkeverda As – Registered at Naustdalsvegen 1A, Førde. Organizational form: AS. Established: 2010-04-22. Number of employees: 8. Bankrupt: No.

1. Lumivita Woldemariam – Registered at Tångane 13, Førde. Organizational form: ENK. Established: 2026-06-11. Number of employees: 0. Bankrupt: No.
2. Tittis Hjørne V/ak Hauken – Registered at Skjæret 33, Førde. Organizational form: ENK. Established: 2024-07-19. Number of employees: 0. Bankrupt: No.

Of these, Strikkeverda As is the only active company. The other companies have either been recently established or have no activity. This shows that the industry is in a phase of development and improvement, with potential for future growth.

The Knit Store industry in Sunnfjord is primarily located in Førde. In 2025, Førde had 1 company with 8 employees and an annual revenue of NOK 6.7 million. This shows that Førde is the most important city for the industry in the municipality. There are no other cities or places in Sunnfjord with activity in this industry. This can be a challenge for the industry, as it provides limited market scope and opportunities for development.

The Knit Store industry in Sunnfjord has shown relatively stable development over the past few years. There are no registered bankruptcies in the industry, indicating good economic stability. Strikkeverda As has been in operation since 2010 and has been a stable actor in the industry. The other companies in the industry are newly established and have no activity. This shows that the industry has a solid economic foundation, but there are limited actors. This can be a challenge for the industry, as it provides limited market scope and opportunities for development.

Outlook for Entrepreneurs

For entrepreneurs considering starting a Knit Store business in Sunnfjord, it is important to consider both the opportunities and challenges. The industry has shown strong growth in recent years, especially after 2020, and has a solid economic foundation. Strikkeverda As is the only active company in the industry, providing opportunities for innovation and market share. This can be an advantage for new actors looking to establish themselves in the industry.

However, there are also challenges, such as a limited number of actors and a small market scope. This can make it more difficult to compete with larger actors in adjacent sectors. Entrepreneurs should also consider collaborating with local actors and industries to strengthen their market position. SmartGrunder can help entrepreneurs find suitable locations and resources in Sunnfjord to establish a Knit Store business.

The Creative, Arts, and Entertainment Activities industry in Sunnfjord has a larger number of companies compared to the Knit Store industry. There are 45 companies in the broader industry, while there are 4 companies in the Knit Store industry. Sales in the broader industry have shown growth from NOK 199.6 million in 2016 to NOK 173.0 million in 2025, indicating weaker development compared to the Knit Store industry. The number of employees in the broader industry has varied, but there has been stable development over the years.

The Knit Store industry has a stronger economic foundation compared to the broader industry, but there are limited actors. This can provide opportunities for innovation and market share, but also challenges with resources and competition from larger actors in the broader industry. Entrepreneurs should consider collaborating with local actors in the broader industry to strengthen their market position.

The Knit Store industry in Sunnfjord is a small but dynamic sector with potential for growth and development. The only active company, Strikkeverda As, has shown a strong economic foundation, and there are opportunities for innovation and market share. This can be an advantage for new actors looking to establish themselves in the industry. However, there are also challenges, such as a limited number of actors and a small market scope. Entrepreneurs should consider collaborating with local actors and industries to strengthen their market position. SmartGrunder can help entrepreneurs find suitable locations and resources in Sunnfjord to establish a Knit Store business.