Jewellery/Watches/Clocks/Gold/Silver Store Industry in Kinn: An Analysis of Companies, Statistics, and Outlooks

The jewellery/watches/clocks/gold/silver store industry in Kinn is a small but dynamic sector with three registered companies in the municipality. The three companies are divided into two organisational forms: one AS and two ENKs. Sales have shown minor variations over time, with a slight increase from 2016 to 2021, while the number of employees has been more volatile, with a decline of 57.1% between 2018 and 2019. In 2026, there are six employees in the industry, indicating stabilisation after a period of fluctuations.

The industry is concentrated in Florø, where all three companies are registered. This suggests there is a local core for this industry, but it may also indicate limitations in the spread of activity. There are no registered bankruptcies in the industry, which shows a certain level of stability.

For entrepreneurs, this could be an interesting market opportunity, especially if it is possible to utilise existing infrastructure and customer bases in Florø. However, it is important to be aware of the small volumes and potential competition from existing companies.

Sales Development (NOK):

Number of Employees:

Sales have shown a slight increase over time, with stabilisation around 2.2 million NOK in 2021. The number of employees has been more volatile, with a significant decline in 2019 and 2020, but an increase again in 2021 and 2022. This development may be due to variations in operating results and customer bases in the industry.

In Kinn, there are three companies registered in the jewellery/watches/clocks/gold/silver store industry. These companies are:

1. Kaala As – Registered at Trollskogvegen 9, Florø. Organisational form: AS. Founded 2021-09-16. Number of employees: 6. No bankruptcy.
2. Helle Smykker – Registered at Sjøvegen 6, Florø. Organisational form: ENK. Founded 2026-01-15. Number of employees: 0. No bankruptcy.
3. Helle Smykker – Registered at Sjøvegen 6, Florø. Organisational form: ENK. Founded 2026-02-01. Number of employees: 0. No bankruptcy.

Organisational Form Statistics:

• AS: 1 company, 6 employees.
• ENK: 2 companies, 0 employees.

There are no other organisational forms registered in the industry in Kinn. The two ENKs have no employees, which may indicate that they are newly established or operate as sole proprietorships without employees.

All three companies in the industry are registered in Florø, which is one of the two districts in the municipality of Kinn. There is no activity registered in other districts in the municipality.

Florø:

• Number of companies: 1 (Kaala As and two Helle Smykker companies).
• Number of employees: 6.
• Sales: 0 NOK (not reported).
• Operating income: 0 NOK (not reported).
• EBITDA: 0 NOK (not reported).

This concentration of activity in Florø suggests that there is a local core for the industry, but it may also indicate limitations in the spread of activity. It may be an advantage to utilise existing infrastructure and customer bases in Florø, but it may also be a challenge to compete with the existing companies in this district.

Bankruptcy Statistics:

• There are no registered bankruptcies in the industry in Kinn.

Bankrupt Companies:

• There are no companies in the industry registered as bankrupt.

Operating Results and Economic Indicators:

• Sales, operating income, EBITDA and other economic indicators are not reported for most companies in the industry. This may be due to the companies being newly established or operating as sole proprietorships without detailed financial reports.

Operating Results per Employee:

• No data is available for operating results per employee, EBITDA margins or other economic indicators for most companies in the industry.

Conclusion: The industry has shown a certain level of stability, with no bankruptcies and stabilisation of the number of employees in 2026. However, there is limited data available to assess the financial health of the companies in the industry.

Sales Development: Sales have shown a slight increase over time, with stabilisation around 2.2 million NOK in 2021. This suggests that the industry has a certain level of stability, even though there are minor variations in sales over time.

Number of Employees: The number of employees has been more volatile, with a significant decline in 2019 and 2020, but an increase again in 2021 and 2022. This development may be due to variations in operating results and customer bases in the industry.

Competition: The industry is concentrated in Florø, and there are three companies in the industry. This may be a challenge for new companies wishing to establish themselves in the municipality, but it may also be an advantage to utilise existing infrastructure and customer bases in Florø.

Conclusion: For entrepreneurs, the industry in Kinn could be an interesting market opportunity, especially if it is possible to utilise existing infrastructure and customer bases in Florø. However, it is important to be aware of the small volumes and potential competition from existing companies.

The jewellery/watches/clocks/gold/silver store industry in Kinn is a small but dynamic sector with three registered companies. Sales have shown a slight increase over time, while the number of employees has been more volatile. The industry is concentrated in Florø, and there are no registered bankruptcies. For entrepreneurs, this could be an interesting market opportunity, especially if it is possible to utilise existing infrastructure and customer bases in Florø. However, it is important to be aware of the small volumes and potential competition from existing companies.