Company form
All

Retail

Jewellery & watches

Guld, ure og smykker

Rank all areas →
Active in Denmark
1,370
2.3 per 10,000 residents
3-year change
+1.8%
12 months: -0.7%
Opened / closed (12 mo.)
162 / 172
Median gross profit
DKK 608k
58% profitable

Deeper numbers

Survival, trouble signs, competition and people for jewellery & watches in Hele Danmark.

Survival

Still open after 1 year82%
Still open after 3 years60%
Still open after 5 years45%

Businesses that closed in the last 10 years were open for 7.0 years on average.

Share of businesses started in the 10 years before each mark that were still open after 1, 3 and 5 years.

Trouble signs

Closed within 2 years of opening (last 12 months)76 · 44% of all closures
Companies with negative equity24%
Losses two years in a row28%

Equity and losses from annual reports 2025.

Financial health

Made a loss38%
Median equity ratio38%
Gross profit per employeeDKK 455k
Staff costs per employeeDKK 388k

Medians of companies that filed annual reports for 2025 - 447 companies.

Competition

Run by chains (3+ places)16%
Share of the 3 largest operators7% · 1,134 owners
40 places
34 places
19 places
18 places
13 places

New and established

Openings per 10,000 residents (12 months)0.27
Average age of active businesses11.7 yrs
Younger than 2 years18%
Older than 10 years41%

Distance to the nearest one

Residents more than 5 km from one1,035,850 · 17%
More than 10 km301,419
Farthest parish (5,000+ residents)12.2 km · Grene Sogn (Billund)

Measured from each parish centre.

When businesses open and close

050100150Opened Jan: 120Closed Jan: 46JanOpened Feb: 59Closed Feb: 51Opened Mar: 78Closed Mar: 71MarOpened Apr: 72Closed Apr: 50Opened May: 82Closed May: 58MayOpened Jun: 61Closed Jun: 96Opened Jul: 67Closed Jul: 39JulOpened Aug: 76Closed Aug: 52Opened Sep: 86Closed Sep: 69SepOpened Oct: 73Closed Oct: 43Opened Nov: 68Closed Nov: 43NovOpened Dec: 52Closed Dec: 116
OpenedClosed

Per calendar month, 2021–2025.

Jobs

02,0004,0006,00020172019202120232025Employees

Average number of employees reported in the annual reports of companies that file accounts, sole proprietorships are not included.

Farthest from the nearest jewellery & watches

Postcodes with at least 10,000 residents, measured from the postcode centre (the average of its addresses) – possible gaps in the local offer.

PostcodeResidentsDistance
9240 Nibe12,52311.4 km
5450 Otterup10,79711.4 km
6760 Ribe14,94911.2 km
6500 Vojens13,63410.6 km
8464 Galten13,5308.0 km
9560 Hadsund10,3166.7 km
7323 Give11,7834.7 km
9230 Svenstrup J11,6554.2 km
7700 Thisted25,2284.2 km
3480 Fredensborg13,3293.4 km

Active in Denmark over time

8001,0001,2001,4002011Q4 13Q3 16Q2 192022Q4 24Jewellery & watches

Openings and closures per year

0100200300Opened 2015: 132Closed 2015: 1092015Opened 2016: 161Closed 2016: 131Opened 2017: 138Closed 2017: 1292017Opened 2018: 131Closed 2018: 135Opened 2019: 129Closed 2019: 1032019Opened 2020: 177Closed 2020: 120Opened 2021: 187Closed 2021: 1232021Opened 2022: 168Closed 2022: 134Opened 2023: 163Closed 2023: 1502023Opened 2024: 201Closed 2024: 143Opened 2025: 175Closed 2025: 1842025Opened 2026: 114Closed 2026: 127
OpenedClosed

Financials of companies filing accounts

0500k1.0m20172019202120232025Median gross profitMedian result
Median gross profitMedian result

Based on annual reports from Erhvervsstyrelsen. Sole proprietorships don't publish accounts.

By year

YearFilersMedian gross profitMiddle 50%Profitable
2025447DKK 608k DKK 0 – DKK 2.2m58%
2024458DKK 621k DKK -1,403 – DKK 2.1m54%
2023453DKK 547k DKK 102 – DKK 2.2m50%
2022436DKK 800k DKK 7,673 – DKK 2.2m58%
2021419DKK 829k DKK 26k – DKK 2.4m62%
2020404DKK 720k DKK 8,003 – DKK 2.1m62%
2019403DKK 816k DKK 13k – DKK 2.3m59%
2018375DKK 892k DKK 22k – DKK 2.2m56%
2017183DKK 598k DKK 528 – DKK 2.1m53%

By region

RegionActivePer 10k3-yr change
Region Hovedstaden6063.1+5%
Region Midtjylland2792.0+6%
Region Nordjylland1172.0-7%
Region Sjælland1411.6-1%
Region Syddanmark2231.8-5%

What's included

Businesses whose main Danish branche code (DB07/DB25) starts with:

4777…Detailhandel med ure, smykker og guld- og sølvvarer

Also found by searching: jewellery, jewelry, smykker, guldsmed, ure, watches