The Pharmacy Industry in Lindesnes: Current Status and Future Prospects

The pharmacy industry in Lindesnes is an important part of the local economy, with four registered companies operating in the municipality. The four companies are mainly located in Mandal, where three of them are based, as well as one company in Lindesnes. The industry has shown variations in sales development over time, with a significant decline in 2017 followed by a strong increase from 2018 onwards. Workforce development has been more stable, with small variations over the past years. The industry has not registered any bankruptcies in the municipality, which indicates relative stability.

Sales Development Sales for the pharmacy industry in Lindesnes have shown large variations over time. After a sharp decline of -64.7% from 2016 to 2017, sales increased strongly by +240.4% from 2017 to 2018. Since then, there has been a gradual but stable increase, with a total increase of +53.5% from 2016 to 2025. The last year's increase (2024→2025) was +1.0%, indicating stabilization.

Workforce Development Workforce development has been more stable. There was an increase from 44 to 55 employees from 2016 to 2023, followed by a decline to 45 employees in 2026. The most significant increase was +18.2% from 2016 to 2017, while the most significant decline was -19.6% from 2019 to 2020.

Table: Sales and Employees per Year

Sales Margins and Labor Costs The average gross profit for the industry is 15842% (Mandal) and 24% (Lindesnes). EBITDA margins are 7% (Mandal) and 8% (Lindesnes).

In Lindesnes, the following four companies are registered in the pharmacy industry:

1. Apotek 1 Øvrebyen (Skarvøyveien 55, Mandal)

• Legal Form: AS
• Founded: 2020-05-01
• Number of Employees: 23
• Sales: 38.7M NOK
• EBITDA: 2.8M NOK

1. Apotek 1 Mandal (Skarvøyveien 55, Mandal)

• Legal Form: AS
• Founded: 1965-12-31
• Number of Employees: 14
• Sales: 38.7M NOK
• EBITDA: 2.8M NOK

1. Apotek 1 Sanden (Store Elvegate 11B, Mandal)

• Legal Form: AS
• Founded: 2002-08-01
• Number of Employees: 6
• Sales: 0 NOK
• EBITDA: 0 NOK

1. Lindesnes Apotek As (Rådhusveien 14, Lindesnes)

• Legal Form: AS
• Founded: 2012-06-27
• Number of Employees: 5
• Sales: 28.7M NOK
• EBITDA: 2.4M NOK

Legal Form All companies in the industry have the legal form AS. No companies with other legal forms are registered in the municipality.

The industry is most active in Mandal, where there are three companies and 43 employees. Lindesnes has one company and 5 employees. The most important financial indicators per district are:

Table: Industry Activity per District

Mandal has a higher sales volume, but also a higher operating profit per employee compared to Lindesnes. Lindesnes, however, has a higher EBITDA margin (8%) than Mandal (7%).

Bankruptcy Statistics None of the four companies in the industry have gone bankrupt in the municipality. This indicates relative stability in the industry, even though there have been variations in sales and operating profit over time.

Operating Profit and Labor Costs

• Apotek 1 Sanden has no operating profit or sales, which may indicate a temporary closure or lack of reporting.
• Lindesnes Apotek As has a higher EBITDA margin (8%) compared to the Mandal pharmacies (7%), but lower sales.
• Apotek 1 Øvrebyen and Mandal have higher sales, but lower EBITDA margins compared to the Lindesnes pharmacy.

Operating Profit per Employee

• Mandal pharmacies have an operating profit per employee of 2.3M NOK (Mandal) and 5.1M NOK (Lindesnes). This shows that the Lindesnes pharmacy has higher efficiency per employee.

Sales Development Sales have shown a strong increase from 2018 onwards, with a total increase of +53.5% from 2016 to 2025. The last year's increase (2024→2025) was +1.0%, indicating stabilization. This can be a positive signal for future investors.

Workforce Development Workforce development has been more stable, with small variations over the past years. There is a slight decline in 2025 compared to 2023, but this may be due to variations in company structure.

Competition and Opportunities The industry has not registered any bankruptcies, which indicates relative stability. This can be an advantage for new players looking to establish themselves in the municipality. Mandal has a higher concentration of companies, which can provide opportunities for collaboration or development of new services.

SmartGrunder can help SmartGrunder can help entrepreneurs explore addresses in Lindesnes for the pharmacy industry, with a focus on areas with high development potential and natural conditions favorable for operations.

The pharmacy industry in Lindesnes has shown strong sales development from 2018 onwards, with a total increase of +53.5% from 2016 to 2025. Workforce development has been more stable, with small variations over the past years. The industry has not registered any bankruptcies, which indicates relative stability. Mandal is the most active area, with three companies and 43 employees. Lindesnes has one company with high efficiency per employee. This indicates that the industry has potential for further development, especially in Mandal. SmartGrunder can help entrepreneurs explore opportunities in the municipality.