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Industry · municipality
Jewellery/Watches/Clocks/Gold/Silver Store Industry in Verdal
An overview of the current state and outlook for the jewellery/watches/clocks/gold/silver store industry in Verdal municipality, Norway, based on market data and company statistics from 2016 to 2025.
Executive Summary
The jewellery/watches/clocks/gold/silver store industry in Verdal is a small but active sector with four registered companies. The only company type is AS, and the only actively operating company is Bellini As, which has six employees and reports revenue of 6.3 million NOK. The industry has been marked by fluctuations in revenue and number of employees over time, with a decline of 6.3% from 2016 to 2017 and an increase of 8.6% from 2018 to 2019. In 2021, a significant decline in the number of employees (from 10 to 4) was recorded, but it has since stabilised. The industry has an EBITDA margin of 2% and a gross profit of 47%, indicating relatively good cost control.
Economic Overview
Over time, the industry's revenue in Verdal has shown fluctuations. The highest revenue was recorded in 2016 at 6.7 million NOK, while the lowest was recorded in 2018 at 5.7 million NOK. There has been a gradual increase since 2019, with a peak of 6.5 million NOK in 2024. The number of employees has been more unstable, with a decline of 60% from 2020 to 2021, but it has stabilised since. In 2026, 4 employees are recorded, indicating stabilisation after a period of decline. The industry has an average gross profit of 47% and an EBITDA margin of 2%, suggesting relatively good cost control.



Companies in the Industry
In Verdal, four companies are registered within the jewellery/watches/clocks/gold/silver store industry. The key companies are:
- Bellini As (c/o Amfi Verdal, Jernbanegata 11): AS company with six employees, revenue of 6.3 million NOK and an EBITDA of 164,000 NOK.
- Ml Holding Verdal As (c/o Levin Nestvold, Sjøbygdvegen 29): AS company with zero employees and no revenue.
- Nikolina Tyldum (Dag Ringsons gate 25): Two ENK companies with zero employees and no revenue.
The AS company form is the only registered one, and there is one company of this type. The only actively operating company is Bellini As, which has revenue of 6.3 million NOK and six employees.
Business Geography
All four companies within the jewellery/watches/clocks/gold/silver store industry in Verdal are registered in Verdal's centre. No activity is registered in other districts or municipalities. The only company with employees is Bellini As, which has six employees and is registered in Verdal. The other companies have no employees and no revenue.

Business Dynamism
The industry has been marked by fluctuations in revenue and number of employees over time, but no bankruptcies have been registered in the industry. Bellini As has been the only company type with activity, while the other companies have been inactive. There has been a significant decline in the number of employees from 2020 to 2021, but it has since stabilised. No bankruptcies have been registered, indicating that the industry has been relatively stable over time.
Outlook
For entrepreneurs considering starting a business within the jewellery/watches/clocks/gold/silver store industry in Verdal, the data indicate a relatively stable industry with a simple structure. There are four registered companies, and the only actively operating company is Bellini As, which has six employees and revenue of 6.3 million NOK. It is possible to see potential growth in the industry, especially considering the gradual increase in revenue since 2019. Entrepreneurs should, however, be aware of the fluctuations in the number of employees and revenue over time, and consider how they can ensure stable operations. It is also possible to see opportunities to develop new companies in the industry, especially considering that two ENK companies with no activity are registered.
Conclusion
The jewellery/watches/clocks/gold/silver store industry in Verdal is a small but active sector with four registered companies. The only company type is AS, and the only actively operating company is Bellini As, which has six employees and reports revenue of 6.3 million NOK. The industry has been marked by fluctuations in revenue and number of employees over time, but no bankruptcies have been registered. For entrepreneurs considering starting a business within the industry, the data indicate a relatively stable industry with growth opportunities. SmartGrunder can help entrepreneurs find suitable addresses in Verdal for this industry.