Industry · municipality
The Pharmacy Industry in Kristiansund: Current Status and Future Prospects
Analysis of Companies, Economic Trends, and Development Opportunities in Kristiansund
Brief Overview of the Pharmacy Industry in Kristiansund
The pharmacy industry in Kristiansund has shown both stability and variations over time. There are four registered pharmacy operations in the municipality, with a total of 61 employees and combined sales of NOK 197.7 million. In recent years, the industry has experienced strong growth, especially after 2020, with annual sales growth of 10% in 2025. However, there have been periods of significant fluctuations, such as a sharp decline of 81.7% in sales in 2017 before a rebound in 2018. This shows that the industry can be sensitive to external factors but has demonstrated resilience.
Economic Trends for the Pharmacy Industry
Economic Trends
| Year | Sales (NOK) | Employees | Sales Growth (Year-over-Year) | Employee Growth (Year-over-Year) |
|---|---|---|---|---|
| 2016 | 108.2M | 60 | - | - |
| 2017 | 19.8M | 62 | -81.7% | +3.3% |
| 2018 | 108.4M | 51 | +448.0% | -17.7% |
| 2019 | 112.2M | 55 | +3.5% | +7.8% |
| 2020 | 133.7M | 65 | +19.2% | +18.2% |
| 2021 | 153.5M | 66 | +14.8% | +1.5% |
| 2022 | 172.4M | 72 | +12.3% | +9.1% |
| 2023 | 169.6M | 74 | -1.6% | +2.8% |
| 2024 | 175.3M | 69 | +3.4% | -6.8% |
| 2025 | 221.2M | 74 | +26.2% | +7.2% |
The industry experienced an extreme sales decline in 2017 but has since shown strong growth, especially after 2020. In 2025, sales grew by 26.2% compared to 2024. The EBITDA margin stands at 7%, and the gross profit margin is extremely high at 11,185%, indicating that pharmacies have high value on the products they sell.
Companies in the Pharmacy Industry
Registered Companies
The following four companies are registered in the pharmacy industry in Kristiansund:
- Apotek 1 Løven Kristiansund (Nedre Enggate 6A) – AS, 23 employees, sales of NOK 96.7M, EBITDA of NOK 7.1M.
- Apotek 1 Nordlandet (Industriveien 17) – AS, 20 employees, sales of NOK 58.0M, EBITDA of NOK 4.3M.
- Apotek 1 Storkaia Kristiansund (Arnulf Øverlands gate 4) – AS, 10 employees, sales of NOK 19.3M, EBITDA of NOK 1.4M.
| 4. Vitusapotek Futura Kristiansund (AMFI Futura | Industriveien 17) – AS, 8 employees, sales of NOK 23.6M, EBITDA of NOK 1.5M. |
|---|
All companies are organized as AS (limited liability companies), and there are no bankrupt companies in the industry.
Geographic Distribution of Operations
Geographic Distribution
All four companies in the pharmacy industry are registered in Kristiansund, with a focus on central addresses such as Nedre Enggate, Industriveien, and Arnulf Øverlands gate. There is no sub-counting of activity in sub-areas within the municipality, and all operations are concentrated in the main town of Kristiansund.
Operational Dynamics and Bankruptcy Statistics
None of the four companies in the pharmacy industry are registered as bankrupt, indicating stable operations. However, the industry has experienced significant sales fluctuations, especially in 2017, when sales fell by 81.7% compared to 2016. This may have been influenced by external factors such as economic crises or market changes. Despite this decline, the industry has shown the ability to recover and achieve growth in subsequent years.
Future Prospects for the Pharmacy Industry
Future Outlook
The pharmacy industry in Kristiansund shows signs of stable growth, especially after 2020. With a sales growth of 26.2% in 2025 and an EBITDA margin of 7%, this indicates that the industry has strong profitability. For entrepreneurs, this is a positive signal, but it is important to be aware of the previous sales fluctuations. It may be beneficial to analyze the causes of the decline in 2017 to avoid similar challenges. At the same time, the high gross profit margin (11,185%) could be an advantage for new entrants looking to establish themselves in the municipality.
Conclusion
The pharmacy industry in Kristiansund has shown both stability and variations over time but has generally demonstrated positive development after 2020. With four companies, a high gross profit margin, and sales growth, the industry is an attractive area for entrepreneurs. SmartGrunder can help find suitable addresses and develop strategies for new businesses in the municipality.