The Pharmacy Industry in Alver: Key Figures, Companies, and Development Trends

The pharmacy industry in Alver has shown both stability and variation over time. In 2024, six pharmacies operate in the municipality with a total of 63 employees, and sales have increased by 10.4% from 2024 to 2025. The most active region is Isdalstø, which hosts four of the six pharmacies and 43 employees. Manger and Frekhaug also have nearly similar activity levels, while Lindås Pharmacy shows no operational activity. The industry has experienced uneven development, with a significant sales decline in 2017, but a strong recovery after 2018. This indicates that the industry is adaptable, although there are variations between individual pharmacies.

Pharmacy sales in Alver have shown uneven development over the years. There was a sharp decline of 67.8% from 2016 to 2017, but then a strong recovery with an increase of 274.8% from 2017 to 2018. Sales have remained relatively stable from 2018 to 2020, before increasing by 10.9% from 2020 to 2021. In 2025, sales reached NOK 156.2 million, which is an increase of 10.4% compared to 2024. Employees have shown a more stable development, with an increase from 58 in 2016 to 63 in 2024. There is a slight decline of 4.8% from 2024 to 2025, but there is still an increase compared to 2016.

Six pharmacies operate in the industry in Alver, distributed across four different districts. The main companies include:

• Apotek 1 Knarvik (Isdalstø): 16 employees, operating income of NOK 39.3 million, and an EBITDA of NOK 2.8 million.
• Apotek 1 Promenaden (Isdalstø): 14 employees, operating income of NOK 19.6 million, and an EBITDA of NOK 1.4 million.
• Vitusapotek Knarvik (Isdalstø): 13 employees, operating income of NOK 35.7 million, and an EBITDA of NOK 2.2 million.
• Apotek 1 Manger (Manger): 7 employees, operating income of NOK 19.6 million, and an EBITDA of NOK 1.4 million.
• Lindås Apotek As (Lindås): 6 employees, but no operational activity.
• Vitusapotek Frekhaug (Frekhaug): 5 employees, operating income of NOK 11.9 million, and an EBITDA of NOK 734,000.

All companies are organized as AS, which is common for pharmacies in Norway. Lindås Apotek As is the only one with zero operational activity, which may indicate problems.

The pharmacy industry in Alver is most concentrated in Isdalstø, which has four of the six pharmacies and 43 employees. Manger and Frekhaug also have nearly similar activity levels, with one pharmacy each. Lindås has one pharmacy, but this has no operational activity. The distribution shows that Isdalstø is an important hub for the industry, while Lindås may be a weakness. It is possible that Lindås Apotek As has problems affecting its operations, which should be investigated further.

None of the six pharmacies in Alver are registered as bankrupt, which shows a relatively stable industry. Lindås Apotek As, however, has no operational activity, which may indicate problems. It is important to note that this company has no income or operating result, which could be a red flag. The other companies have all been in operation, and they have shown a relatively stable development over time. However, there is variation in EBITDA margins and operating income between the companies, which may indicate differing competitiveness.

For entrepreneurs considering starting a pharmacy in Alver, the data suggest that the industry has potential, especially in Isdalstø and Manger. Sales have shown a strong recovery after 2018, and there has been an increase in the number of employees since 2016. However, it is important to be aware of Lindås Apotek As, which has no operational activity. This may indicate problems that should be investigated further. Entrepreneurs should also consider analyzing competitiveness in different districts and looking at potential collaboration opportunities with existing companies. SmartGrunder can help find suitable addresses and analyze development trends in the municipality.

The pharmacy industry in Alver has shown both stability and variation over time. With an increase in sales and number of employees since 2016, as well as a relatively stable industry with no bankruptcies, there is potential for further growth. However, it is important to be aware of Lindås Apotek As, which has no operational activity. Entrepreneurs should consider analyzing competitiveness in different districts and looking at potential collaboration opportunities with existing companies. SmartGrunder can help find suitable addresses and analyze development trends in the municipality.