Knit Store Industry in Trondheim: A Comprehensive Analysis

Overview of the Industry

The knit store industry in Trondheim consists of 28 registered companies, but only 16 of these have reported data. The industry has shown variation in sales and employees over time, with a peak in 2020 followed by a decline. It is a mix of AS and ENK companies, with some companies operating with negative EBITDA margins. The industry is spread across Trondheim and Tiller, with a clear concentration in Trondheim.

Sales in the knit store industry in Trondheim had a strong increase of +128.9% in 2020, but have since fallen by -74.5% in 2021 and -45.3% in 2022. The total sales in 2025 stood at NOK 12.6M, showing a continuous decline after 2020. Employees have shown a more stable development, with a peak of 93 employees in 2022, but a decline to 73 employees in 2026. EBITDA margins are negative for several companies, showing economic challenges in the industry.

In Trondheim, there are 28 companies registered in the knit store industry, but only 16 have reported data. The most represented company forms are AS (9 companies) and ENK (2 companies). Among the largest companies are M Sommer As (NOK 4.3M in sales) and Garnhuset Trondheim As (NOK 2.7M in sales). Some companies, such as Fjordgata 54 As, have reported negative results with an EBITDA margin of -69%.

The industry is primarily concentrated in Trondheim, where there are 10 companies and 67 employees. Tiller has one company and 7 employees. Trondheim has a higher sales volume (NOK 7.5M) compared to Tiller (NOK 0). There is a clear concentration of activity in Trondheim, with less presence in Tiller.

The industry has shown variation in economic health, with some companies reporting negative EBITDA margins. Fjordgata 54 As had an EBITDA margin of -69% and a decline of -71% in sales in 2025. There are no reported bankruptcies in the industry, but several companies operate with negative results. This shows that the industry has challenges in maintaining profitability.

Outlook for Founders

For founders in the knit store industry in Trondheim, it is important to be aware of the uncertain economic development. Sales had a strong increase in 2020, but have since fallen. It is possible to find places in Trondheim where established activity exists, but there are also challenges in maintaining profitability. Founders should consider focusing on efficiency and differentiation to compete in a market area with variation in economic health.

The overarching industry 'creative, arts, and entertainment activities' has a higher sales volume (NOK 2.7M in 2025) compared to the knit store industry. This industry has 393 companies, showing a larger market area. Peer companies such as Get Inspired As and H&M have higher sales and more employees. The overarching industry has shown a decline of -51.5% in 2025, but has higher sales in most years compared to the knit store industry.

The knit store industry in Trondheim has shown variation in sales and employees over time, with a peak in 2020 and a decline since. It is possible to find places in Trondheim where established activity exists, but there are also challenges in maintaining profitability. The overarching industry 'creative, arts, and entertainment activities' has a higher sales volume and more companies, showing a larger market area. Founders should consider focusing on efficiency and differentiation to compete in a market area with variation in economic health. SmartGrunder can help founders explore places in Trondheim for this industry.