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Industry · municipality

Textile Industry in Tromsø: A Comprehensive Analysis

Published 23.09.2026

Key Insights on Companies, Economic Trends, and Future Prospects

Executive Summary

Other Observations

Tromsø has a relatively small but actively changing textile industry. There are 5 companies registered in the municipality, with a combination of AS and ENK entities. Two of the companies (Bundingen As and Stofflykke As) are the most significant, with high revenues and employees. There are also two companies (Ida Kristine Fredriksen and Tromsø Quilte Stue Grethe Husby) that have no activity, which may indicate that they are newly started or not operating today. Rimne As has a very low revenue, but a high EBITDA margin, which may be interesting for entrepreneurs looking to start with low operational costs.

The municipality has a relatively stable number of employees in the industry, with a variation between 33 and 42 employees over the years. There is a clear increase in revenue from 2022 to 2023, which may be due to increased demand for textile products in Tromsø. The EBITDA margin is at 4%, which is lower than the average for the industry in Norway, but this may be due to the small company structure and high operating costs.

There are no bankruptcy registrations in the industry in Tromsø, which indicates that the companies have good financing and operating results. This can be an advantage for entrepreneurs who want to start a company in the industry, but it may also indicate that there is low competitiveness in the industry, which can be a disadvantage for new companies.

Economic Overview

Tromsø has a relatively stable economic development in the textile industry. Revenue has increased by 6.4% from 2024 to 2025, indicating growing demand for textile products in the municipality. There is a clear increase in revenue from 2022 to 2023, which may be due to increased demand for textile products in Tromsø. The EBITDA margin is at 4%, which is lower than the average for the industry in Norway, but this may be due to the small company structure and high operating costs.

There are no bankruptcy registrations in the industry in Tromsø, which indicates that the companies have good financing and operating results. This can be an advantage for entrepreneurs who want to start a company in the industry, but it may also indicate that there is low competitiveness in the industry, which can be a disadvantage for new companies.

There is a clear variation in the number of employees over the years, with a maximum of 42 employees in 2016 and a minimum of 33 employees in 2019. There is a stable number of employees in the industry, with a variation between 33 and 42 employees over the years. There is no clear trend in the number of employees, but there is a slight increase from 2024 to 2025.

Sales over time — knit store — Tromsø
Sales over time — knit store
Number of companies — knit store — Tromsø
Number of companies — knit store
Employees over time — knit store — Tromsø
Employees over time — knit store

Companies in the Industry

Tromsø has 5 companies registered in the textile industry. The most important companies are:

  • Bundingen As (Karlsøyvegen 12, Tromsø): AS-form, 23 employees, revenue of NOK 14.9M, operating profit of NOK 298.0K, EBITDA of NOK 355.0K, EBITDA margin of 2%.
  • Stofflykke As (Kvaløyvegen 329, Tromsø): AS-form, 19 employees, revenue of NOK 31.5M, operating profit of NOK 1.8M, EBITDA of NOK 1.9M, EBITDA margin of 5%.
  • Ida Kristine Fredriksen (Fløyvegen 32, Tromsdalen): ENK-form, 0 employees, revenue of NOK 0, operating profit of NOK 0, EBITDA of NOK 0.
  • Rimne As (Breivikeidvegen 1816, Ramfjordbotn): AS-form, 0 employees, revenue of NOK 30.0K, operating profit of NOK 11.0K, EBITDA of NOK 11.0K, EBITDA margin of 36%.
  • Tromsø Quilte Stue Grethe Husby (Gammelgårdvegen 39, Tromsdalen): ENK-form, 0 employees, revenue of NOK 0, operating profit of NOK 0, EBITDA of NOK 0.

The two companies with the highest revenue are Stofflykke As and Bundingen As, while the two companies with the lowest revenue are Ida Kristine Fredriksen and Tromsø Quilte Stue Grethe Husby. Rimne As has a very low revenue, but a high EBITDA margin, which may be interesting for entrepreneurs looking to start with low operational costs.

Business Geography

Tromsø has a relatively small but actively changing textile industry. There are 2 companies registered in the municipality, with a combination of AS and ENK entities. The two companies with the highest revenue are Stofflykke As and Bundingen As, while the two companies with the lowest revenue are Ida Kristine Fredriksen and Tromsø Quilte Stue Grethe Husby. Rimne As has a very low revenue, but a high EBITDA margin, which may be interesting for entrepreneurs looking to start with low operational costs.

There are no bankruptcy registrations in the industry in Tromsø, which indicates that the companies have good financing and operating results. This can be an advantage for entrepreneurs who want to start a company in the industry, but it may also indicate that there is low competitiveness in the industry, which can be a disadvantage for new companies.

Companies by place — knit store — Tromsø
Companies by place — knit store

Business Dynamism

Tromsø has a relatively stable economic development in the textile industry. Revenue has increased by 6.4% from 2024 to 2025, indicating growing demand for textile products in the municipality. There is a clear increase in revenue from 2022 to 2023, which may be due to increased demand for textile products in Tromsø. The EBITDA margin is at 4%, which is lower than the average for the industry in Norway, but this may be due to the small company structure and high operating costs.

There are no bankruptcy registrations in the industry in Tromsø, which indicates that the companies have good financing and operating results. This can be an advantage for entrepreneurs who want to start a company in the industry, but it may also indicate that there is low competitiveness in the industry, which can be a disadvantage for new companies.

There is a clear variation in the number of employees over the years, with a maximum of 42 employees in 2016 and a minimum of 33 employees in 2019. There is a stable number of employees in the industry, with a variation between 33 and 42 employees over the years. There is no clear trend in the number of employees, but there is a slight increase from 2024 to 2025.

Outlook for Entrepreneurs

Tromsø has a relatively stable economic development in the textile industry. Revenue has increased by 6.4% from 2024 to 2025, indicating growing demand for textile products in the municipality. There is a clear increase in revenue from 2022 to 2023, which may be due to increased demand for textile products in Tromsø. The EBITDA margin is at 4%, which is lower than the average for the industry in Norway, but this may be due to the small company structure and high operating costs.

There are no bankruptcy registrations in the industry in Tromsø, which indicates that the companies have good financing and operating results. This can be an advantage for entrepreneurs who want to start a company in the industry, but it may also indicate that there is low competitiveness in the industry, which can be a disadvantage for new companies.

There is a clear variation in the number of employees over the years, with a maximum of 42 employees in 2016 and a minimum of 33 employees in 2019. There is a stable number of employees in the industry, with a variation between 33 and 42 employees over the years. There is no clear trend in the number of employees, but there is a slight increase from 2024 to 2025.

Outlook for Creative, Art, and Entertainment Activities

Tromsø has a relatively stable economic development in creative, art, and entertainment activities. Revenue has increased by 6.4% from 2024 to 2025, indicating growing demand for creative, art, and entertainment activities in the municipality. There is a clear increase in revenue from 2022 to 2023, which may be due to increased demand for creative, art, and entertainment activities in Tromsø. The EBITDA margin is at 4%, which is lower than the average for the industry in Norway, but this may be due to the small company structure and high operating costs.

There are no bankruptcy registrations in the industry in Tromsø, which indicates that the companies have good financing and operating results. This can be an advantage for entrepreneurs who want to start a company in the industry, but it may also indicate that there is low competitiveness in the industry, which can be a disadvantage for new companies.

There is a clear variation in the number of employees over the years, with a maximum of 42 employees in 2016 and a minimum of 33 employees in 2019. There is a stable number of employees in the industry, with a variation between 33 and 42 employees over the years. There is no clear trend in the number of employees, but there is a slight increase from 2024 to 2025.

Sales in the parent industry — kreative, kunst og underholdningsaktiviteter — Tromsø
Sales in the parent industry — kreative, kunst og underholdningsaktiviteter
Companies in the parent industry — kreative, kunst og underholdningsaktiviteter — Tromsø
Companies in the parent industry — kreative, kunst og underholdningsaktiviteter
Employees in the parent industry — kreative, kunst og underholdningsaktiviteter — Tromsø
Employees in the parent industry — kreative, kunst og underholdningsaktiviteter

Other companies in kreative, kunst og underholdningsaktiviteter (not in knit store)

CompanyIndustryAddressSalesEmployeesEBITDA
Snarby Strikkestudio Asclothing storeStorgata 90, 9008 TromsøNOK 26.7M13NOK 5.5M
New Yorker 80005 Tromsøclothing storeKarlsøyvegen 12, 9015 TromsøNOK 27.2M13NOK 5.3M
Strandtorget 5 Eiendom Asclothing storeStrandtorget 5, 9008 TromsøNOK 00NOK 3.3M
Dressmann As Avd 128 Tromsø Heilovegenclothing storeHeilovegen 19, 9015 TromsøNOK 20.4M14NOK 3.3M
Mona Abelsen Store Asclothing storeStrandtorget 3, 9008 TromsøNOK 42.8M20NOK 3.2M
H & M Hennes & Mauritz As Avd 864 Jekta Tromsøclothing storeKarlsøyvegen 12, 9015 TromsøNOK 57.3M32NOK 2.6M
Match Jekta Avd 265clothing storeHeilovegen 19, 9015 TromsøNOK 11.0M7NOK 2.4M
Rein Love Clothing Asclothing storeStorgata 98, 9008 TromsøNOK 8.9M11NOK 2.2M
Kappahl As Avd 363 Langnesclothing storeHeilovegen 4, 9015 TromsøNOK 18.5M13NOK 2.1M
Cubus Jekta Tromso Avd 901clothing storeHeilovegen 9, 9015 TromsøNOK 22.8M14NOK 2.1M
Vic Pyramiden Avd 038clothing storeSolstrandvegen 47, 9020 TromsdalenNOK 8.8M7NOK 1.9M
Tromsø Skotøimagasin Asfootwear storeSTORGATA 68, 9008 TromsøNOK 22.5M20NOK 1.8M
Tromsø Drift Asclothing storeHeilovegen 19, 9015 TromsøNOK 7.3M11NOK 1.7M
Cubus Tromso Sentrum Avd 902clothing storeNerstranda 9, 9008 TromsøNOK 17.7M12NOK 1.6M
Dressmann As Avd 210 Trømsø Storgataclothing storeSTORGATA 79, 9008 TromsøNOK 10.2M5NOK 1.6M
Sami Shop As Avd Tromsøclothing storeKirkegata 10, 9008 TromsøNOK 5.0M4NOK 1.6M
H & M Hennes & Mauritz As Avd 767 Nerstrandaclothing storeNerstranda 9, 9008 TromsøNOK 33.4M19NOK 1.5M
Euro Sko Jektafootwear storeKarlsøyvegen 10, 9015 TromsøNOK 18.4M16NOK 1.5M
Skotreff Asfootwear storeStorgata 81B, 9008 TromsøNOK 10.4M9NOK 1.3M
Brødrene Johannessen Asclothing storeSkippergata 28, 9008 TromsøNOK 34.2M25NOK 1.2M
Dna Jektafootwear storeKarlsøyvegen 12, 9015 TromsøNOK 12.9M8NOK 1.1M
Volt Nerstranda Avd 283clothing storeNerstranda, 9008 TromsøNOK 14.5M9NOK 1.1M
Skoringen Jektafootwear storeHeilovegen 4, 9015 TromsøNOK 13.1M15NOK 1.0M
Volt Jekta Avd 293clothing storeHeilovegen 4, 9015 TromsøNOK 13.4M9NOK 976.6K
Decades Jekta Avd 457clothing storeHeilovegen 4, 9015 TromsøNOK 4.4M6NOK 971.0K
Cubus Thon Senter Pyramiden Avd 927clothing storeSolstrandvegen 47, 9020 TromsdalenNOK 10.1M7NOK 941.3K
Only Stores Norway As Avd Tromsøclothing storeHeilovegen 19, 9015 TromsøNOK 9.6M6NOK 937.9K
Brn Best Retail Norge As Avd Mb Jektaclothing storeJekta Storsenter|Heilovegen 19, 9015 TromsøNOK 14.8M14NOK 807.2K
Nansen Outdoor Store Tromsø Asclothing storeStorgata 61, 9008 TromsøNOK 4.9M4NOK 747.0K
Husfliden Tromsø Asnational clothing storeSjøgata 4, 9008 TromsøNOK 19.8M15NOK 698.0K
Zero As Avd Tromsøclothing storeStorgata 89, 9008 TromsøNOK 5.8M5NOK 670.7K
Carlings Tromsø Avd 529clothing storeHeilovegen 4, 9015 TromsøNOK 10.4M8NOK 625.5K
Skoringen Pyramidenfootwear storeSolstrandvegen 47, 9020 TromsdalenNOK 7.7M5NOK 597.0K
Cmn Asclothing storeSjøgata 2, 9008 TromsøNOK 11.3M10NOK 594.0K
Levis Store Jekta Avd L11clothing storeHeilovegen 4, 9015 TromsøNOK 7.6M8NOK 573.4K
Carlings Nerstranda Avd 534clothing storeStrandgata 9, 9008 TromsøNOK 9.3M9NOK 556.0K
Lindex As Avd Jektaclothing storeKarlsøyvegen 12, 9015 TromsøNOK 14.6M12NOK 539.0K
Magnussen Spesialsko Tromsøfootwear storeÆrfuglvegen 3A, 9015 TromsøNOK 4.1M2NOK 422.7K
Lindex As Avd Tromsøclothing storeStorgata 102, 9008 TromsøNOK 10.2M0NOK 377.3K
Selected Jekta Tromsøclothing storeHeilovegen 19, 9015 TromsøNOK 10.9M12NOK 312.7K

Conclusion

Tromsø has a relatively stable economic development in the textile industry. Revenue has increased by 6.4% from 2024 to 2025, indicating growing demand for textile products in the municipality. There is a clear increase in revenue from 2022 to 2023, which may be due to increased demand for textile products in Tromsø. The EBITDA margin is at 4%, which is lower than the average for the industry in Norway, but this may be due to the small company structure and high operating costs.

There are no bankruptcy registrations in the industry in Tromsø, which indicates that the companies have good financing and operating results. This can be an advantage for entrepreneurs who want to start a company in the industry, but it may also indicate that there is low competitiveness in the industry, which can be a disadvantage for new companies.

There is a clear variation in the number of employees over the years, with a maximum of 42 employees in 2016 and a minimum of 33 employees in 2019. There is a stable number of employees in the industry, with a variation between 33 and 42 employees over the years. There is no clear trend in the number of employees, but there is a slight increase from 2024 to 2025.