Pharmacy in Gjøvik: Industry Overview and Outlook

Pharmacy in Gjøvik has shown stable growth and a sound economic structure over the past few years. In 2025, the industry had 74 employees, and sales had increased by 5.0% compared to 2024. The EBITDA margin stands at 6%, indicating good cost efficiency. There are 8 companies registered in the municipality, with a mix of older and newer businesses. Most companies are organized as AS, and there are no bankruptcy registrations among the reported businesses. Future prospects look positive, with increasing sales and employees, as well as a good geographic distribution of businesses.

Over the past few years, the pharmacy industry in Gjøvik has shown variations in sales and number of employees. Sales experienced a significant decline of 26.8% from 2016 to 2017, but then a substantial increase of 73.3% in 2018. In 2025, sales had reached NOK 192.3 million, with an annual growth of 5.0% compared to 2024. The number of employees has shown a more stable development, increasing from 68 to 74 employees from 2024 to 2025. The EBITDA margin has remained around 6% over the past few years, indicating a good economic balance.

There are 8 companies registered in the pharmacy industry in Gjøvik, with a mix of older and newer businesses. The key companies include:

• Apotek 1 Mjøsstranda (founded 1997, 30 employees)
• Vitusapotek Sandgården (founded 2014, 14 employees)
• Vitusapotek Sørbyen (founded 2001, 12 employees)
• Husø Apotek As (founded 2023, 11 employees)
• Hunndalen Apotek As (founded 2024, 7 employees)
• Vitusapotek Gjøvik (founded 1965, 7 employees)
• Vitusapotek Biri (founded 1996, 6 employees)
• Apotek 1 Kirkeby (founded 2017, 0 employees)

Most companies are organized as AS, and there are no bankruptcy registrations among the reported businesses.

Pharmacy operations in Gjøvik are distributed across several areas in the municipality:

1. Gjøvik: 5 companies, 74 employees, operating income NOK 173.8 million, sales NOK 171.9 million
2. Hunndalen: 1 company, 7 employees, operating income NOK 0
3. Biri: 1 company, 6 employees, operating income NOK 23.8 million

The most active part of the municipality is Gjøvik, with more companies and higher sales. Hunndalen and Biri have less activity, but show potential for future development.

The pharmacy industry in Gjøvik has shown significant stability over the past few years, with no bankruptcy registrations among the reported companies. However, some companies report zero sales and operating income, such as Husø Apotek As and Apotek 1 Kirkeby. This may indicate newly established businesses or companies that have not yet started operations. Nevertheless, there are no bankruptcies, indicating general stability in the industry.

Outlooks for the pharmacy industry in Gjøvik are positive, with increasing sales and employees over the past few years. The EBITDA margin has remained around 6%, indicating good cost efficiency. With an increase in the number of employees from 68 to 74 from 2024 to 2025, as well as an expected increase of 13.5% in the number of employees from 2025 to 2026, it appears that the industry has potential for further growth. This could be a good opportunity for new players looking to establish themselves in the municipality.

When comparing the pharmacy industry to the broader crafts group in Gjøvik, data shows that the crafts group has higher sales (NOK 253.9 million in 2025) compared to the pharmacy industry (NOK 192.3 million in 2025). However, the pharmacy industry has a better EBITDA margin (6%) compared to the crafts group (not reported). The crafts group also has more companies (13) compared to the pharmacy industry (8). Current peer companies in the crafts group include:

• Gjøvik Specsavers As (sales NOK 21.5 million, EBITDA NOK 4.0 million)
• Synsam Gjøvik Sentrum (sales NOK 17.9 million, EBITDA NOK 3.3 million)
• Synsam Gjøvik Cc (sales NOK 14.9 million, EBITDA NOK 2.8 million)

This shows that the crafts group has a broader variation of businesses, but the pharmacy industry has better economic efficiency.

The pharmacy industry in Gjøvik shows positive development with increasing sales, employees, and stable EBITDA margin. With a good geographic distribution of businesses and no bankruptcy registrations, it appears that the industry has potential for further growth. This could be a good opportunity for new players looking to establish themselves in the municipality. SmartGrunder can help entrepreneurs find suitable addresses and develop strategies to establish themselves in this dynamic industry.