The Pharmacy Industry in Grimstad: An Analysis of Companies, Statistics, and Outlooks

Pharmacies in Grimstad form a stable and growing sector with 6 registered companies and 48 employees in 2024. The industry shows variations in sales and operating results over time, but has generally experienced positive development after 2020. EBITDA margins range between 6–7%, and there are no registered bankruptcies among the reported companies. The geographic distribution shows that Grimstad itself is the most important area, while Fevik has a smaller, but still active presence. The industry has potential for further growth, especially with a focus on operational efficiency and market share.

Sales and Employee Development

Sales have been unstable, with a sharp decline of -53.1% from 2016 to 2017, but a sharp increase of +145.0% in 2018. There has been stable growth since 2020, with an increase of +28.3% from 2023 to 2024. The number of employees has grown by +18.2% from 2025 to 2026, but has also been affected by variations, especially in 2022 and 2023.

Registered Companies in the Industry

All companies are registered as AS (limited liability company), and there are no variations in organizational forms. The most operationally active companies are Vitusapotek Grimstad and Apotek 1 Interiørgården, with high sales and EBITDA values. Three companies (Apotek 1 Grimstad, Bergemoen Apotek As, and Fokus Apotek) have reported zero sales and operating results, which may indicate new or weak companies.

Geographic Distribution of Activity

Grimstad is the dominant area with 5 companies and 45 employees, while Fevik has one company with 7 employees. Sales in Grimstad are higher (54.8M) compared to Fevik (19.3M), and EBITDA is also higher in Grimstad (3.6M vs. 1.4M). This shows that Grimstad is the most important market for the pharmacy industry in the municipality.

None of the reported companies have gone bankrupt, which shows a stable industry. However, three companies (Apotek 1 Grimstad, Bergemoen Apotek As, and Fokus Apotek) have reported zero sales and operating results, which may indicate weak operating results or new companies. This should be closely monitored, even though no bankruptcies have been registered. The most operationally active companies have higher EBITDA margins (6–7%) compared to the weaker companies, which have 0%.

The pharmacy industry in Grimstad shows potential for growth, especially with a focus on operational efficiency and market share. The most operationally active companies have higher EBITDA margins and stable sales growth. There are also opportunities to develop new companies in a stable industry, even though there are variations in operating results. SmartGrunder can help entrepreneurs find suitable addresses and locations in Grimstad for pharmacy operations, based on operational data and market analyses.

The pharmacy industry in Grimstad has proven to be stable and growing, with 6 companies and 48 employees in 2024. Sales have been unstable, but have generally grown since 2020, and EBITDA margins range between 6–7%. There are no bankruptcies, but some companies have weak operating results. The outlook is positive for entrepreneurs wishing to establish themselves in a stable industry with growth potential. SmartGrunder can help find suitable locations and addresses in Grimstad for pharmacy operations.