Jewellery/Watches/Clocks/Gold/Silver Store Industry in Østre Toten

The jewellery/watches/clocks/gold/silver store industry in Østre Toten is a small but stable sector with a single business located in the town centre. Gullsmed Westby As, registered in Lena, is the only known company in the sector and has shown gradual growth in both sales and number of employees over time. In 2025, the company achieved a sales optimization of 18.3% compared to 2024, indicating improved operational efficiency. The sector has an EBITDA margin of 10% and a gross profit of 59%, demonstrating good efficiency. Østre Toten therefore has potential for further development of this industry, especially with a focus on quality and marketing.

Østre Toten has a slowly growing jewellery and clock industry, with an annual sales optimization of 18.3% in 2025. Sales figures have varied over time but have on average remained at around NOK 2.5 million per year. The number of employees has increased from 1 in 2016 to 4 in 2026, showing gradual business development. The sector has an EBITDA margin of 10% and a gross profit of 59%, demonstrating good efficiency. This indicates that the sector has potential for further development, especially with a focus on quality and marketing.

The only known company in the sector is Gullsmed Westby As, registered at Lenagata 34 in Lena. The company is an AS with 4 employees and has an operating income of NOK 2.8 million. Gullsmed Westby As has shown a gradual increase in both sales and number of employees over time, and has an EBITDA margin of 10%. The company also has total debt of NOK 1.3 million, which could be a challenge for further development. It is important to note that the company is not bankrupt, indicating stable operations.

The jewellery and clock industry in Østre Toten is concentrated in Lena, where one company is registered. In Lena, the company has an operating income of NOK 2.8 million, a sales optimization of NOK 2.8 million, and wages of NOK 916,000. The company also has an EBITDA margin of 10% and a gross profit of 59%. This shows that Lena is an important location in the sector, and that the company has good efficiency. It is important to note that no other companies in the sector are registered in Østre Toten.

The jewellery and clock industry in Østre Toten has shown a gradual increase in both sales and number of employees over time. One company is registered in the sector, and this company has not been bankrupt. The company has total debt of NOK 1.3 million, which could be a challenge for further development. It is important to note that the company has shown a gradual increase in both sales and number of employees over time, indicating stable operations. This shows that the sector has potential for further development, especially with a focus on quality and marketing.

Data shows that the jewellery and clock industry in Østre Toten has shown a gradual increase in both sales and number of employees over time. This indicates that the sector has potential for further development, especially with a focus on quality and marketing. It is also important to note that the company has an EBITDA margin of 10% and a gross profit of 59%, demonstrating good efficiency. This could be an advantage for new players looking to establish themselves in the sector. It is also important to note that the company has total debt of NOK 1.3 million, which could be a challenge for further development.

The jewellery and clock industry in Østre Toten has shown a gradual increase in both sales and number of employees over time. This indicates that the sector has potential for further development, especially with a focus on quality and marketing. It is also important to note that the company has an EBITDA margin of 10% and a gross profit of 59%, demonstrating good efficiency. This could be an advantage for new players looking to establish themselves in the sector. It is also important to note that the company has total debt of NOK 1.3 million, which could be a challenge for further development.