The Pharmacy Industry in Gran

The pharmacy industry in Gran is a stable, yet dynamic sector with two companies operating within the municipality. The two pharmacies in Brandbu and Gran show a mix of strong economic development and challenges related to market fluctuations. The industry holds a unique position within the broader crafts sector, with special characteristics such as high gross profits and a stable organizational structure. This makes Gran an interesting place for entrepreneurs seeking to establish themselves in the pharmacy industry, especially considering the growth phase that has been underway since 2024.

Economic Trends

Sales Development:

• In 2017, NOK 0 in sales was recorded for the pharmacy industry in Gran, marking a historical decline. This was followed by a gradual increase, with NOK 120.1 million in sales in 2025 – an increase of 35.9% compared to 2024.
• The most dramatic decline was recorded between 2016→2017, with -100.0% in sales, but there has been a stable improvement since 2020.

Employees:

• The number of employees has varied significantly, with a peak of 61 employees in 2016 and a low of 34 employees in 2023. There is a 7.5% increase in 2026 compared to 2025, indicating a growth phase in the sector.
• The most significant decline in the number of employees was recorded between 2017→2018, with -22.6%.

Margins and Profitability:

• The EBITDA margin has remained at 7% in most years, with a highest level of NOK 7.1 million in 2025.
• Gross profit has been extremely high, with NOK 12,253.3 million in 2025, indicating a special structure within the industry.

Companies in the Industry

In Gran, there are 2 companies registered in the pharmacy industry:

Organizational Forms:

• Both companies are registered as AS (Anonymous Companies), indicating a standardized structure within the industry.
• There are no companies registered as sole proprietorships or partnerships in this sector.

Geographic Distribution

The pharmacy industry in Gran is distributed across two central areas:

1. Brandbu:

• 1 company with 26 employees
• Sales: NOK 58.0M (2025)
• EBITDA: NOK 4.3M
• Gross profit: NOK 6,126.6M

1. Gran:

• 1 company with 17 employees
• Sales: NOK 38.7M (2025)
• EBITDA: NOK 2.8M
• Gross profit: NOK 6,126.6M

Characteristics:

• Both locations have high gross profits, but low EBITDA margins compared to the broader crafts sector.
• Brandbu has a higher number of employees and sales compared to Gran.

Bankruptcy Safety:

• There are no registered bankruptcies in the pharmacy industry in Gran, indicating a stable sector.
• Both companies are not bankrupt according to data from 2025.

Competitiveness:

• The two companies have a stable market share and high gross profits, but lower EBITDA margins compared to the broader crafts sector.
• There are no new companies registered in the industry since 2017, indicating a stable market structure.

Development Trends:

• Sales have grown 35.9% from 2024 to 2025, indicating an increasing demand for pharmacy services in the municipality.

The pharmacy industry in Gran shows stable development trends with an increase in sales and number of employees since 2024. This makes the municipality an interesting place for entrepreneurs seeking to establish themselves in the pharmacy industry. Key factors such as high gross profits and stable companies provide a solid foundation for establishment.

Opportunities:

• Growing demand for pharmacy services in the municipality.
• Stable companies that can serve as models for new entrepreneurs.
• High gross profits indicating a good market position.

Challenges:

• Lower EBITDA margins compared to the broader crafts sector.
• Stable market structures that may make it difficult to establish oneself as a new player.

The broader crafts sector in Gran has 4 companies compared to 2 companies in the pharmacy industry. This makes the crafts sector a larger and more diversified sector.

Economic Comparisons:

• Sales: The crafts sector had NOK 127.4M in sales in 2025, compared to NOK 120.1M in the pharmacy industry.
• Employees: The crafts sector had 47 employees in 2026, compared to 43 employees in the pharmacy industry.
• EBITDA Margins: The crafts sector had lower EBITDA margins compared to the pharmacy industry, but higher sales.

Peer Companies:

• Brillehjørnet As (Oslolinna 49, 2750 Gran): NOK 7.3M in sales, NOK 843.0K in EBITDA, 4 employees.
• Rb Fysioshop As (Storgata 28, 2750 Gran): NOK 36.0K in sales, NOK 0 in EBITDA, 0 employees.

Conclusion: The crafts sector has a larger market share and higher sales, but the pharmacy industry has better EBITDA margins and stable companies.

The pharmacy industry in Gran shows a stable, yet dynamic development with two companies that have grown in sales and number of employees since 2024. This makes the municipality an interesting place for entrepreneurs seeking to establish themselves in the pharmacy industry. With high gross profits and stable companies, there is a solid foundation for establishment. SmartGrunder can help entrepreneurs find suitable addresses and locations in Gran for pharmacy businesses, with a focus on natural development trends and competitiveness.