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Jewellery/Watches/Clocks/Gold/Silver Store Industry in Eigersund: A Comprehensive Analysis
Key Insights on Companies, Sales, Employees, and Outlook for Founders and Decision-Makers in Eigersund Municipality, Rogaland County, Norway
Brief Overview of the Industry
Jewellery/watches/clocks/gold/silver store in Eigersund constitutes a small but economically stable industry. There are 3 registered companies in the municipality, of which two are AS companies and one is ENK. The only company form with reported operating results is AS, representing 2 companies with a total of 16 employees. Hauen Gull & Sølv As is the most well-known company, with 9 employees and an operating result of 299,000 NOK in 2025. The industry shows a strong sales increase of 50.2% from 2024 to 2025, but employee numbers have been more variable over time.
Economic Data and Development
Sales Development
Sales for the industry in Eigersund have grown from 4.1 million NOK in 2016 to 13.2 million NOK in 2025, with a strong increase of 50.2% from 2024 to 2025. The most significant increase occurred in 2019 (25.6%) and 2024 (37.0%).
Employee Numbers
Employee numbers have been more variable, with a peak of 19 employees in 2023 and a decline to 17 employees in 2026. The most significant increase occurred in 2018 (7.1%) and 2022 (5.9%), while the most significant decline was in 2025 (5.6%).
Economic Indicators
The average EBITDA margin for the industry is 2%, and gross profit is 38%. Hauen Gull & Sølv As has an EBITDA margin of 2% and a gross profit of 38%, which aligns with the average.
Companies in the Industry
Registered Companies
There are 3 registered companies in the industry in Eigersund:
| Company | Address | Legal Form | Employees | Operating Result (2025) |
|---|---|---|---|---|
| Hauen Gull & Sølv As | Fabrikkgaten 2, Egersund | AS | 9 | 299,000 NOK |
| Gullsmed Lode As | Storgaten 30, Egersund | AS | 7 | 0 NOK |
| Peders Ursenter | Sandakergaten 9, Egersund | ENK | 0 | 0 NOK |
Legal Forms
Two of the companies are AS companies, while one is ENK. The AS companies have a total of 16 employees and reported operating results, while the ENK company (Peders Ursenter) has no reported financial data.
Distribution and Economic Data by District
Distribution by District
All 3 companies in the industry are registered in Egersund, which is a district in Eigersund Municipality. The distribution by district is:
| District | Number of Companies | Number of Employees | Operating Income (2025) | Sales (2025) |
|---|---|---|---|---|
| Egersund | 3 | 16 | 13.4 million NOK | 13.3 million NOK |
Economic Data for Egersund
- Operating Income: 13.4 million NOK
- Sales: 13.3 million NOK
- Wages: 3.5 million NOK
- EBITDA: 311,000 NOK
- Gross Profit: 5.1 million NOK
- EBITDA Margin: 2%
Industry Dynamics and Stability
Bankruptcy Safety
None of the registered companies in the industry are registered as bankrupt, indicating a stable industry. Hauen Gull & Sølv As has a high debt of 2.3 million NOK, but also high equity of 586,000 NOK. Gullsmed Lode As and Peders Ursenter have no reported financial data.
Industry Dynamics
- Sales have increased strongly from 2024 to 2025 (50.2%), but employee numbers have been more variable.
- Hauen Gull & Sølv As has a high economic dynamic with 50% sales growth from 2024 to 2025.
- Gullsmed Lode As has no sales or operating result in 2025, which may indicate a temporary pause in operations.
Outlook for Founders and Investors
Development Trends
The industry shows a strong increase in sales of 50.2% from 2024 to 2025, indicating growing demand for jewelry and clocks in Eigersund. Hauen Gull & Sølv As has been a key driver with high sales growth and stable operations.
Challenges
- Gullsmed Lode As has no sales or operating result in 2025, which may be an indicator of competitiveness or temporary operational halt.
- The ENK company Peders Ursenter has no reported financial data, which may indicate less active operations.
Opportunities
- Increasing sales and stable operations for Hauen Gull & Sølv As show potential for further growth.
- Eigersund Municipality's economic stability and access to customers in Rogaland may provide opportunities for new companies in the industry.
Conclusion
The jewellery, watches, clocks, and gold/silver store industry in Eigersund shows a mix of stability and growth. With a strong sales increase of 50.2% from 2024 to 2025 and two functioning AS companies, the industry is attractive for founders. Hauen Gull & Sølv As has proven to be an economically robust actor, while Gullsmed Lode As and Peders Ursenter have less active operations. SmartGrunder can help founders find suitable addresses and assess the development security of the industry in Eigersund.