Jewellery/Watches/Clocks/Gold/Silver Store in Nes

The jewellery/watches/clocks/gold/silver store industry in Nes municipality is a small, scattered sector focused on craftsmanship and local presence. In 2026, there are 5 registered companies in the municipality, located in two central areas: Årnes and Hvam. Employment development has been uneven, with stabilization at 6 employees in 2024–2026 following a sharp decline in 2020–2021. Sales data show a dramatic reduction after 2018, but there are signs of a weak increase in the number of employees in recent years. The industry has not experienced bankruptcy in the municipality, but there is limited data available on economic dynamics.

Sales development

Employment development

Sales data show a sharp decline after 2018, with an 80% reduction from 2018 to 2020. Employment development has been more stable, with an increase from 5 to 6 employees between 2023 and 2026. This suggests that the industry has managed to adapt after a period of economic challenges.

There are 5 companies in the industry in Nes, distributed across the following organizational forms:

• Sole proprietorships (ENK): 4 companies (Gullsmed Bjørn Henrik Brubak, By Karina Smykker Karin Hansen (2021), Skattekisten Gull, Sølv Og Edelstener Kristengård, Winther Studio Nuf)
• Nuf (Norwegian Practitioners' Association): 1 company (Winther Studio Nuf)

The most well-known companies are:

• Gullsmed Bjørn Henrik Brubak (founded 1995, 6 employees in Årnes)
• By Karina Smykker Karin Hansen (two companies, founded 2021 and 2026, no employees)
• Skattekisten Gull, Sølv Og Edelstener Kristengård (founded 2002, no employees)
• Winther Studio Nuf (founded 2024, no employees)

Most companies have no reported operating income or sales data, except for Gullsmed Bjørn Henrik Brubak, which has 6 employees but no available economic data.

Distribution of businesses by location in the municipality

Most companies are located in Årnes, which has 3 companies and 6 employees. Hvam has 2 companies, but no employees. Gullsmed Bjørn Henrik Brubak is the only company in Årnes with employees, while the other companies in Hvam and Årnes have no reported operational data.

There are no reported bankruptcies in the industry in Nes municipality between 2016–2026. All companies are registered as not bankrupt in the data. This suggests that the industry has been relatively stable in terms of bankruptcy, even though sales data have shown significant declines. However, there is limited data available on economic dynamics, and no companies are registered as having gone bankrupt in the municipality.

The industry has been marked by a sharp decline in sales after 2018, with an 80% reduction from 2018 to 2020. This may indicate challenges related to customer behavior, bankruptcy, or market changes. Nevertheless, the number of employees has stabilized at 6 in 2024–2026, which may indicate some level of business activity in the municipality. For entrepreneurs, it may be possible to leverage existing infrastructure in Årnes, but it is important to be aware of the economic challenges in the industry.

The jewellery/watches/clocks/gold/silver store industry in Nes municipality is a small, scattered sector focused on craftsmanship and local presence. Although sales data have shown significant declines after 2018, the number of employees has stabilized at 6 in 2024–2026. There are no reported bankruptcies, but there is limited data available on economic dynamics. For entrepreneurs, it may be possible to leverage existing infrastructure in Årnes, but it is important to be aware of the economic challenges in the industry. SmartGrunder can help explore potential addresses in the municipality for this industry.