Jewellery/Watches/Clocks/Gold/Silver Store Industry in Sandnes: A Comprehensive Overview

Jewellery/watches/clocks/gold/silver store in Sandnes is a stable and growing industry with 16 registered companies and 102 employees in 2026. The industry has shown strong economic growth in recent years, with annual sales growth of 7.9% from 2024 to 2025. The EBITDA margin stands at 8%, and the industry has no bankruptcy registrations in the municipality. Key companies such as Jørgen Otteren As and Christophersen Sandnes As have shown excellent result growth (61% for Christophersen) and high EBITDA margins. The industry has potential for further growth, but with a concentration of activity in Sandnes, competition may be intense.

The industry has shown strong economic growth in recent years. Sales have increased from NOK 46.9 million in 2016 to NOK 93.9 million in 2025, with an average annual growth of 6.3%. Employees have increased from 86 in 2016 to 102 in 2026, with a significant increase of 30.4% from 2022 to 2023. The EBITDA margin stands at 8%, and the industry has a high gross margin of 308%. This shows that the industry has good economic stability and potential for further growth.

In Sandnes, there are 16 companies registered in the industry, with organizational forms mainly AS (9 companies). The key companies include:

• Jørgen Otteren As Avd Sandnes (Langgata 17): 20 employees, NOK 34.2 million operating income, 7% EBITDA margin
• Christophersen Sandnes As (Langgata 30): 16 employees, NOK 19.3 million sales, 61% sales growth
• Thune Gullsmed & Urmaker As Avd Kvadrat (Gamle Stokkavei 1): 6 employees, NOK 8.1 million sales, 13% sales growth
• Maanesten As Avd Kvadrat (Gamle Stokkavei 1): 18 employees, -17% sales growth
• Gullfunn Kvadrat (Gamle Stokkavei 1): 17 employees, 0% sales

Some companies, such as Berheim Antik and Gemma As, have no employees or sales, which may indicate inactivity or recent start-up.

All businesses in the industry are concentrated in Sandnes, with a focus on the following addresses:

• Langgata (Jørgen Otteren As, Christophersen Sandnes As)
• Gamle Stokkavei (Maanesten As, Gullfunn Kvadrat, Thune Gullsmed & Urmaker As)
• Gravarsveien (Sandnes Ur Og Smykker As)

This shows that the industry has a strong focus on central areas of the municipality, which can be advantageous for customer reviews and visibility.

The industry has no bankruptcy registrations in Sandnes, which shows a high degree of economic stability. However, some companies show negative sales growth, such as Maanesten As (-17%) and Gullfunn Kvadrat (0%). This may indicate competitive pressure or market deterioration. Companies such as Gullfunn Kvadrat and Berheim Antik have no sales or employees, which may be an indication of inactivity or recent start-up.

Data shows that the industry has good growth and economic stability, with high EBITDA margins and increasing number of employees. This makes Sandnes an attractive area for new players in the industry. However, it is important to be aware of the competition and market deterioration, especially in central areas. SmartGrunder can help entrepreneurs find suitable locations and strategies to stand out in a competitive industry.

Jewellery/watches/clocks/gold/silver store in Sandnes is a growing and economically stable industry with potential for further growth. With high EBITDA margins and increasing number of employees, it is possible to achieve good profitability. However, it is important to be aware of the competition and market deterioration, especially in central areas. For entrepreneurs, Sandnes can be an attractive area, but it is important to develop unique offers and strategies to stand out in a competitive industry.