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Industry · municipality

Jewelry/Watches/Clocks/Gold/Silver Processing in Kvinnherad

Published 29.09.2026

An analysis of companies, statistics, and opportunities for entrepreneurs in Kvinnherad

Executive Summary

In Kvinnherad, there is now activity within the jewelry/watches/clocks/gold/silver processing industry. The only registered company in this industry is Husnes Gull & Ur As, which operates in Husnes. The industry shows a mix of stability and variations in sales and number of employees over time, with a future outlook that could be interesting for entrepreneurs seeking to establish themselves in a niche market.

Economic Overview

Sales and Employees Over Time

Sales for the industry have shown significant variations year-over-year. From 2016 to 2017, sales fell by 56.3%, but increased by 23.5% from 2017 to 2018 and by 68.6% from 2018 to 2019. In 2020, however, a decline of 30.0% compared to 2019 was recorded. This indicates uncertainty in sales patterns over time.

Number of Employees

The number of employees has also shown variations. There was an increase from 2019 to 2020 (from 5 to 7 employees), but a decline in subsequent years, with a 40.0% decrease from 2022 to 2023. There is a small increase again from 2024 to 2025, but uncertainty remains in the development.

Sales over time — jewellery/watches/clocks/gold/silver store — Kvinnherad
Sales over time — jewellery/watches/clocks/gold/silver store
Number of companies — jewellery/watches/clocks/gold/silver store — Kvinnherad
Number of companies — jewellery/watches/clocks/gold/silver store
Employees over time — jewellery/watches/clocks/gold/silver store — Kvinnherad
Employees over time — jewellery/watches/clocks/gold/silver store

Companies in the Industry

Registered Companies

There is one company registered in the industry in Kvinnherad: Husnes Gull & Ur As, which is a limited liability company (AS) with 5 employees. The company was established in February 2019 and has not been bankrupt. It has an operating income of 2.5 million NOK and a sales income of 2.5 million NOK. The company has an operating profit of 270,000 NOK and an EBITDA of 296,000 NOK.

Organizational Form

All companies in the industry in Kvinnherad are registered as limited liability companies (AS). There is one company in this organizational form, with 5 employees.

Business Geography

Distribution of Activity

The only activity in the industry in Kvinnherad is located in Husnes. In this district, there has been one company with 5 employees, an operating income of 2.5 million NOK, and a sales income of 2.5 million NOK. No activity has been registered in other districts in the municipality.

Companies by place — jewellery/watches/clocks/gold/silver store — Kvinnherad
Companies by place — jewellery/watches/clocks/gold/silver store

Business Dynamics

Bankruptcies and Company Dynamics

No bankruptcies have been registered in the industry in Kvinnherad over time. The only company activity is Husnes Gull & Ur As, which has not been bankrupt. This shows a certain stability in the industry, even though there are variations in sales and number of employees over time.

Outlook

Outlook for Entrepreneurs

For entrepreneurs considering establishing themselves in the jewelry/watches/clocks/gold/silver processing industry in Kvinnherad, the data show a mix of opportunities and challenges. There is a small market niche with one existing company, but there are also variations in sales and number of employees over time. This may indicate uncertainty in the market, but it could also provide opportunities to fill a niche.

SmartGrunder can help entrepreneurs find suitable addresses in Kvinnherad for this industry, based on data and development trends in the municipality.

Conclusion

The jewelry/watches/clocks/gold/silver processing industry in Kvinnherad has a small but active market niche with one company activity. Although there are variations in sales and number of employees over time, the data show a certain stability in the industry. For entrepreneurs, this could be an opportunity to establish themselves in a niche, but it is important to be aware of the market's uncertainty and variations.