Jewellery/Watches/Clocks/Gold/Silver Store Industry in Time: A Comprehensive Analysis

The jewellery/watches/clocks/gold/silver store industry in Time Municipality has shown stable development in recent years, with a combination of small and medium-sized enterprises. In 2025, the industry reported a significant sales increase of 53.7% compared to 2024, indicating increased demand or operational efficiencies. The average number of employees has varied between 24 and 26 over the past few years, with a slight increase in 2025. The industry is dominated by AS companies, and all registered companies are in operation. There are no bankruptcies reported in the industry, which shows relative stability. Bryne is the only location in the municipality with activity in this industry, with three companies operating there.

Sales have grown significantly in 2025, with an increase of 53.7% compared to 2024. This is the most significant increase in the period. The average number of employees has been stable at around 24-26, with a slight increase in 2025. The sales growth in 2025 is particularly notable and may indicate increased demand or operational efficiencies.

Registered companies in the industry

The following companies are registered in the jewellery/watches/clocks/gold/silver store industry in Time:

1. Jæren Gull Og Sølvsmie As – Storgata 46, Bryne

• Organisational form: AS
• Number of employees: 11
• Sales: 22.2M NOK
• EBITDA: 6.2M NOK
• EBITDA margin: 27%

1. Glitter Bryne – Jupitervegen 2, Bryne

• Organisational form: AS
• Number of employees: 8
• Sales: 4.6M NOK
• EBITDA: 246.1K NOK
• EBITDA margin: 5%

1. Bryne Ur & Gull As – Bryne Storsenter, Bryne

• Organisational form: AS
• Number of employees: 5
• Sales: 3.7M NOK
• EBITDA: -68.0K NOK
• EBITDA margin: -1%

All companies are registered as AS, and there are no bankruptcies reported in the industry. Glitter Bryne has a low EBITDA margin, while Jæren Gull Og Sølvsmie As has a high EBITDA margin of 27%.

All companies in the jewellery/watches/clocks/gold/silver store industry in Time are located in Bryne. Bryne has three companies with a total of 24 employees and combined sales of 30.4M NOK. Bryne is therefore the only location in the municipality with activity in this industry. There are no other cities or locations in the municipality with registered companies in this industry.

None of the registered companies in the industry have gone bankrupt, which shows relative stability in the industry. However, Bryne Ur & Gull As shows a negative EBITDA of -68.0K NOK in 2025, which may indicate increased costs or lower sales compared to expectations. Glitter Bryne also has a very low EBITDA margin of 5%, which may indicate low efficiency or high operating costs. Jæren Gull Og Sølvsmie As, however, has a high EBITDA margin of 27%, which shows a good operational result.

Outlook for Entrepreneurs

The industry shows positive development, especially with the significant sales increase of 53.7% in 2025. This may indicate increased demand for products in this industry, which could be a good opportunity for new entrepreneurs. However, entrepreneurs should be aware of the variations in EBITDA margins, which may indicate different operational efficiencies between companies. Bryne is the only location in the municipality with activity in this industry, which could provide a concrete opportunity to establish oneself in an existing market. SmartGrunder can help entrepreneurs find suitable addresses in Bryne for this industry, based on natural conditions and market potential.

The jewellery/watches/clocks/gold/silver store industry in Time Municipality shows stable and growing development, with a significant sales increase in 2025. Bryne is the only location in the municipality with activity in this industry, and all registered companies are in operation. There are no bankruptcies reported, which shows relative stability. Entrepreneurs should consider opportunities in this industry, especially in Bryne, where there is an existing market. SmartGrunder can help find suitable addresses in the municipality for this industry.