Jewellery/Watches/Clocks/Gold/Silver Store Industry in Alver: A Comprehensive Analysis

The jewellery/watches/clocks/gold/silver store industry in Alver is a small but stable sector with two registered companies. The only active business in 2025 is Knarvik Klokker Og Smykker As, operating from Isdalstø with 12 employees. The company reports revenue of 8.3 million NOK and an EBITDA of 501,000 NOK. Another company, Dreamteam Lillegull Eikanger, is registered but has no employees or income. The industry shows small but positive trends in revenue and number of employees in recent years.

The industry has experienced fluctuations in revenue and number of employees over time. Revenue declined by 6.8% from 2016 to 2017, but has since grown by 2.3% from 2024 to 2025. The number of employees dropped sharply by 57.1% in 2019, but has since increased by 37.5% from 2025 to 2026. In 2025, the industry had 7 employees, an increase from 6 employees in 2024. The industry's EBITDA margin is 6%, and the gross margin is 52%.

Two companies are registered in the industry in Alver:

1. Knarvik Klokker Og Smykker As (Kvernhusmyrane 5, Isdalstø)

• Organisational form: AS
• Founded: January 16, 1988
• Number of employees: 12
• Revenue: 8.3 million NOK
• EBITDA: 501,000 NOK
• Gross profit: 4.4 million NOK
• EBITDA margin: 6%

1. Dreamteam Lillegull Eikanger (Langheiane 6D, Isdalstø)

• Organisational form: ENK
• Founded: May 5, 2021
• Number of employees: 0
• Revenue: 0 NOK
• EBITDA: 0 NOK

All businesses in the industry are located in Isdalstø. There is one registered business with 12 employees here. The only active business in 2025 is Knarvik Klokker Og Smykker As, which reports operating revenue of 8.3 million NOK and gross profit of 4.4 million NOK. Isdalstø is therefore the only location in Alver with activity in this industry.

The industry has been stable regarding bankruptcies. There are no registered bankruptcies for companies in this industry in Alver. Knarvik Klokker Og Smykker As is still operational, while Dreamteam Lillegull Eikanger has no income or employees. There is no registered change in the number of bankruptcies over time, indicating a stable industry in Alver.

For founders considering starting a business in this industry in Alver, data shows a stable but small market. Knarvik Klokker Og Smykker As has demonstrated strong economic performance with an EBITDA of 501,000 NOK and an EBITDA margin of 6%. This suggests there is a market for high-quality products in the region. At the same time, it is possible to leverage the existing infrastructure in Isdalstø. However, it is important to be aware of the small fluctuations in employee numbers and revenue over time, which can affect operational stability. SmartGrunder can help founders find suitable locations in Alver for this industry.

The jewellery/watches/clocks/gold/silver store industry in Alver is a small but stable sector with growth potential. With one business demonstrating strong economic performance and a stable market presence, further development is possible. Founders should consider leveraging existing infrastructure and focusing on differentiation to compete effectively. SmartGrunder can assist with finding suitable locations and strategies to establish themselves in this industry in Alver.