Jewellery/Watches/Clocks/Gold/Silver Store Industry in Færder: A Comprehensive Overview

The jewellery/watches/clocks/gold/silver store industry in Færder is a small but active sector with 7 registered companies. Most companies are AS entities, and there is a mix of older and newer businesses. The industry has been marked by variations in sales and number of employees over time, with a significant increase in 2021 and 2022 followed by a decline in 2023–2025. There are no bankrupt companies in the sector, indicating a stable industry. SmartGrunder can help entrepreneurs find suitable addresses in Færder for this sector.

Sales in the sector grew by 15.7% from 2016 to 2017, but have since been unstable, with a decline of 38.7% from 2024 to 2025. The highest sales reached 2.4 million NOK in 2022. The number of employees has varied between 1 and 3 over time, with a drop to 0 employees in 2021 before an increase in 2022. The EBITDA margin for AS companies in the sector is 10%, and gross profit is 80%. This shows that the businesses have relatively good cost control.

There are 7 companies in the sector in Færder, distributed across the following organisational forms:

The key companies include:

• Tønsberg Urservice AS (Vestskogen): 1 employee, sales of 1.1 million NOK, EBITDA of 116,000 NOK.
• Thalassa AS (Vestskogen): 2 employees, but no sales or operating profit.
• Ben David Import (Tønsberg): 0 employees, no operating profit.
• Gutu Invest and Gutu Timepieces (Kjøpmannskjær): 0 employees and no operating profit.
• Tenet AS (Vestskogen): 0 employees and no operating profit.

Most companies have no operating profit or employees, suggesting they may be in the start-up phase or non-operational.

Business activity in the sector is concentrated in Vestskogen, where there are 2 companies and 3 employees. Vestskogen has an operating income of 1.1 million NOK and an operating profit of 116,000 NOK. There is no registered activity in other districts of the municipality. This shows that Vestskogen is an important hub for the sector in Færder.

There are no bankrupt companies in the sector in Færder, indicating a stable industry. However, sales and number of employees have been unstable over time, with a significant decline from 2022 to 2025. This may be due to variations in the market or challenges faced by individual companies. There are no bankruptcies, but there are several companies without operating profit or employees, which may indicate potential risk factors.

Sales in the sector have been unstable, with a significant increase in 2021 and 2022 followed by a decline in 2023–2025. This may suggest that the sector has been influenced by specific events or market conditions in these years. For entrepreneurs, this means opportunities to establish themselves during periods of increasing sales, but it is also important to be aware of potential declines. There are no bankrupt companies, indicating a stable industry, but there are several companies without operating profit, which may be a challenge.

In the broader category of non-profit organisations in Færder, there are 8 companies, showing that this category is larger than the individual sector. Sales and number of employees have been similar in the two categories, but non-profit organisations have a different structure and objectives. One of the key peer companies in this category is Bråthen Fbn (coin/stamp shop), which has 0 employees and 0 sales. This shows that the broader category includes companies with different operational activities. For entrepreneurs, it may be interesting to compare the sector with non-profit organisations to understand different market specifications.

The jewellery/watches/clocks/gold/silver store sector in Færder is small but stable, with no bankrupt companies. There are variations in sales and number of employees over time, which may be a challenge for entrepreneurs. However, there are opportunities to establish oneself, particularly in Vestskogen where there is a concentration of activity. SmartGrunder can help entrepreneurs find suitable addresses in Færder for this sector.