Jewelry/Watches/Gold/Silver Shop in Hå

Other Observations

In Hå, 3 companies are registered in the jewelry/watches/gold/silver shop industry. These companies are distributed across two organizational forms: AS (1 company) and ENK (1 company). There is also activity in Nærbø, which is the only location in the municipality with activity in this industry.

One of the registered companies, Urmaker Christen Øygard Edvard Sandsmark, shows zero revenue and EBITDA, which may indicate inactivity or special circumstances. At the same time, Mdj Holding AS has a negative operating result, which should be considered in relation to operational challenges.

There are no registered bankruptcies in the industry in the municipality, but it is important to note that some companies have weak financial results.

Sales development in the industry has been variable over the years, with a decrease of -5.3% from 2016 to 2017, but an increase of +10.0% from 2024 to 2025. The highest sales were achieved in 2025 with NOK 5.4 million.

Number of employees has had a more stable development, with a peak of 10 employees in 2018–2021, followed by a decline to 6 employees in 2024. There is a rise of +25.0% from 2025 to 2026, which may indicate a start-up or recruitment nearby.

Table: Annual sales and number of employees

Average EBITDA margin for the industry in the municipality is 21%, which shows a relatively good operational position for the active companies.

In Hå, 3 companies are registered in the jewelry/watches/gold/silver shop industry. These companies are:

1. Christen Øygard Gull/sølv AS (Torggata 2, Nærbø)

• Organizational form: AS
• Founded: 2005-06-21
• Number of employees: 6
• Sales: NOK 5.4M
• EBITDA: NOK 1.2M
• EBITDA margin: 21%

1. Urmaker Christen Øygard Edvard Sandsmark (Torggata 2, Nærbø)

• Organizational form: ENK
• Founded: 1998-08-31
• Number of employees: 6
• Sales: NOK 0
• EBITDA: NOK 0

1. Mdj Holding AS (Njærheimvegen 40, Nærbø)

• Organizational form: AS
• Founded: 2019-02-22
• Number of employees: 0
• Sales: NOK 0
• EBITDA: NOK -15.0K

Organizational distribution:

• AS: 2 companies
• ENK: 1 company

Note: Some companies have weak financial results, which should be considered in relation to operational challenges.

All companies in the jewelry/watches/gold/silver shop industry in Hå are located in Nærbø. There is 1 active location in the municipality with activity in this industry.

Nærbø has the following economic data for the industry:

• Number of companies: 3
• Number of employees: 12
• Operating income: NOK 5.4M
• Sales: NOK 5.4M
• Wages: NOK 1.3M
• Operating result: NOK 1.2M
• EBITDA: NOK 1.2M
• Gross margin: 53%
• Operating margin: 21%
• EBITDA margin: 21%
• EBITDA per employee: NOK 234.6K
• Sales growth: +9%

Conclusion: Nærbø is the only location in the municipality with activity in this industry, and there is a concentration of activity in this area.

Sales development in the industry has been increasing in 2025 with +10.0% compared to 2024, which may indicate an improvement in the market. There is, however, a decrease in the number of employees from 2021 to 2024, which may be a challenge for the operational economy.

Bankruptcy statistics show that there are no registered bankruptcies in the industry in the municipality, but it is important to note that some companies have weak financial results. This may be an indication of operational challenges or special circumstances.

Future security: There is an increase in the number of employees from 2025 to 2026, which may indicate a start-up or recruitment nearby. This may be a positive development for the industry in the municipality.

The jewelry/watches/gold/silver shop industry in Hå has a stable, but variable economic development. There are 3 companies registered in the industry, with a concentration of activity in Nærbø. Sales have grown in 2025, but the number of employees has shown a decline in some years.

There are no bankruptcies in the industry, but it is important to note that some companies have weak financial results. This may be a challenge for the operational economy.

Future security: There is an increase in the number of employees from 2025 to 2026, which may indicate a start-up or recruitment nearby. This may be a positive development for the industry in the municipality.

In Hå, 3 companies are registered in the jewelry/watches/gold/silver shop industry. These companies are distributed across two organizational forms: AS (2 companies) and ENK (1 company). There is also activity in Nærbø, which is the only location in the municipality with activity in this industry.

Sales development has been variable over the years, with a decrease of -5.3% from 2016 to 2017, but an increase of +10.0% from 2024 to 2025. There are no registered bankruptcies in the industry, but it is important to note that some companies have weak financial results.

Number of employees has had a more stable development, with a peak of 10 employees in 2018–2021, followed by a decline to 6 employees in 2024. There is an increase of +25.0% from 2025 to 2026, which may indicate a start-up or recruitment nearby.