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Industry · municipality
Jewellery/Watches/Clocks/Gold/Silver Store Industry in Ringsaker: A Comprehensive Analysis
Key Insights on Companies, Statistics, and Outlook for Founders and Local Decision-Makers in Ringsaker Municipality
Brief Industry Overview
Other Observations
- Number of companies: 3 companies in the industry are registered in the municipality.
- Sales: Total sales for the industry increased from 2016 to 2021, reaching a peak of NOK 10.6 million in 2022, before decreasing to NOK 8.6 million in 2024. There is an increase again to NOK 9.1 million in 2025.
- Employees: The number of employees has been relatively stable, with a decline in 2025 (15 employees) and an increase to 18 employees in 2026.
- Stability: None of the companies in the industry have gone bankrupt, indicating a stable industry in the municipality.
Economic Overview
Sales and Employee Development
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 6.2M | 19 |
| 2017 | 6.8M | 16 |
| 2018 | 7.3M | 16 |
| 2019 | 9.1M | 15 |
| 2020 | 9.8M | 15 |
| 2021 | 10.5M | 16 |
| 2022 | 10.6M | 17 |
| 2023 | 10.3M | 17 |
| 2024 | 8.6M | 17 |
| 2025 | 9.1M | 15 |
| 2026 | - | 18 |
- Sales development: Sales increased strongly from 2016 to 2021, with an increase of over 70%, before decreasing by 16.8% from 2023 to 2024. There is an increase of 5.5% from 2024 to 2025.
- Employee development: The number of employees decreased by 11.8% from 2024 to 2025, but increased by 20.0% from 2025 to 2026.
Companies in the Industry
- Helgøya Sølvsmie As (Brumunddal)
- Number of employees: 12
- Sales: NOK 5.3 million
- EBITDA: NOK 474,000
- Organizational form: AS
- Gullsmed Lene Jægersborg As (Moelv)
- Number of employees: 6
- Sales: NOK 3.8 million
- EBITDA: NOK 191,000
- Organizational form: AS
- E. Paulsbergs Etterfølger As (Rudshøgda)
- Number of employees: 0
- Sales: NOK 0
- Organizational form: AS
- Organizational form: 2 companies are AS, with a total of 18 employees, NOK 9.2 million in operating income, and NOK 665,000 in EBITDA.
Business Geography
| Location | Number of companies | Number of employees | Sales (NOK) | EBITDA (NOK) |
|---|---|---|---|---|
| Brumunddal | 1 | 12 | 5.3M | 474,000 |
| Moelv | 1 | 6 | 3.8M | 191,000 |
- Brumunddal: One company with 12 employees, NOK 5.3 million in sales, and NOK 474,000 in EBITDA.
- Moelv: One company with 6 employees, NOK 3.8 million in sales, and NOK 191,000 in EBITDA.
Business Dynamics
- Bankruptcies: None of the companies in the industry have gone bankrupt, indicating a stable industry in the municipality.
- Financial health: The two operating companies have positive EBITDA and operating profit, indicating good financial health.
- Development: There is a decline in sales from 2023 to 2024, but an increase again in 2025.
Outlook for Founders
- Stability: The industry has been stable with no bankruptcies and positive EBITDA for the operating companies.
- Growth opportunities: There is an increase in sales from 2024 to 2025, indicating potential growth opportunities.
- Location: Moelv has shown stronger sales growth (12%) compared to Brumunddal (2%), which could be an advantage for new companies.
- Employees: The number of employees has been relatively stable, with an increase to 18 employees in 2026.
Outlook for Ideal Organizations
- Number of companies: 4 companies in ideal organizations in the municipality, compared to 3 companies in the industry.
- Sales: Total sales for ideal organizations increased from 2016 to 2021, reaching a peak of NOK 10.6 million in 2022, before decreasing to NOK 8.6 million in 2024. There is an increase again to NOK 9.1 million in 2025.
- Employees: The number of employees has been relatively stable, with a decline in 2025 (15 employees) and an increase to 18 employees in 2026.
- Peer companies: Total Consulting As (coin/stamp shop) is a peer company in ideal organizations, with NOK 51,000 in sales and 0 employees.
Other companies in ideell organisasjon (not in jewellery/watches/clocks/gold/silver store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Total Consulting As | coin / poststamp shop | Strandvegen 10B, 2390 Moelv | NOK 51.0K | 0 | NOK 0 |
Conclusion
The jewellery/watches/clocks/gold/silver store industry in Ringsaker has shown stable development with no bankruptcies and positive EBITDA for the operating companies. There are potential growth opportunities, especially in Moelv, where sales have shown stronger growth. The number of employees has been relatively stable, with an increase to 18 employees in 2026. For founders, this could be an attractive industry with good financial health and potential growth opportunities. SmartGrunder can help founders find suitable addresses in the municipality for this industry.