The Pharmacy Industry in Nannestad: Current Status and Future Prospects

The pharmacy industry in Nannestad shows a mix of stable businesses and newer companies. There are four registered companies in the municipality, located in three different areas: Maura, Åsgreina, and Nannestad. The most prominent companies are Maura Apotek AS and Apotek 1 Nannestad, which have high income and wage margins. Åsgreina has two companies, but one of them (Holter Apotek AS) shows zero income and operating result, which may indicate a new business in its early stages or a temporary situation. The industry has grown in terms of number of employees and sales over the past few years, with a significant increase in 2025–2026.

Over the past few years, the pharmacy industry in Nannestad has shown robust growth in both sales and number of employees. Sales have increased by 17.7% from 2024 to 2025, and total sales in the municipality reached 64.6 million NOK in 2025. The number of employees has increased by 60% from 2025 to 2026, from 20 to 32 employees. This shows a clear development toward a more stable and growing industry. Sales growth has been most pronounced from 2019 to 2020 (+42.1%), which can be linked to increased demand for pharmacy services during the pandemic.

There are four registered companies in the pharmacy industry in Nannestad, distributed across different organizational forms and locations:

Most companies are organized as AS, and they have high wage margins. Maura Apotek AS and Apotek 1 Nannestad have higher operating results compared to Holter Apotek AS and Kingsinvest Holding AS, which have not recorded any income. This may indicate that Holter Apotek AS is in its early stages or has a different operational model.

The pharmacy industry in Nannestad is distributed across three different locations, with varying economic performances:

1. Maura: A business with 16 employees, an operating result of 1.4 million NOK, and sales of 36.2 million NOK. The wage margin is 14.4%, and the operating result per employee is 87,500 NOK.
2. Åsgreina: Two companies, but one of them (Holter Apotek AS) has zero income and operating result. The other company (Kingsinvest Holding AS) also has zero income and employees.
3. Nannestad: A business with 9 employees, an operating result of 1.1 million NOK, and sales of 19.3 million NOK. The wage margin here is 17.6%, and the operating result per employee is 122,222 NOK.

Nannestad shows a higher wage margin compared to Maura, which may be linked to efficiency differences or different operational models.

The industry has been stable in terms of bankruptcy and operational instability. There are no registered bankruptcies in the pharmacy industry in Nannestad over the past few years. However, Holter Apotek AS and Kingsinvest Holding AS show zero income and operating result, which may indicate that they are in their early stages or have a different operational model. This could be a risk for future stability, but no bankruptcies have been registered. It is important to monitor the development of these companies to ensure they do not become a burden on the industry in the future.

For entrepreneurs considering establishing themselves in the pharmacy industry in Nannestad, the data show a growing and stable industry. Sales and number of employees have increased significantly over the past few years, and there are several businesses with high wage margins. This indicates good conditions for a new business, especially in Nannestad where the wage margin is high. However, entrepreneurs should be aware of companies that have not recorded any income, such as Holter Apotek AS and Kingsinvest Holding AS, and consider whether this may indicate risks in the industry. It is also possible to find locations in the municipality where there are potential opportunities for developing new pharmacies, especially in areas with high population density and good infrastructure.

The pharmacy industry in Nannestad shows clear signs of growth and stabilization over the past few years. With increasing sales, high wage margins, and an increase in the number of employees, there are good conditions for further development. However, it is important to monitor how the newer companies, such as Holter Apotek AS and Kingsinvest Holding AS, develop, as they have not recorded any income. For entrepreneurs, it may be a good opportunity to establish themselves in the municipality, especially in Nannestad where there is a higher wage margin. SmartGrunder can help find suitable addresses and locations in the municipality where there are potential opportunities for developing new pharmacies.