The Pharmacy Industry in Nittedal: Current Status and Future Outlook

Pharmacies in Nittedal form a small but economically significant industry with 4 registered companies across three locations: Hagan, Nittedal, and Hakadal. The sector employs 42 people in total, with notable variations in performance between locations. While Hagan and Nittedal show strong financial metrics, Hakadal's smaller scale and negative revenue growth highlight regional differences. The industry is dominated by AS-structured companies, with no bankruptcies reported among local pharmacies.

Economic Trends

Key Figures:

• Sales dropped dramatically by -85.8% from 2016 to 2017, but recovered with +491.1% in 2018
• Number of employees fell sharply by -38.1% from 2017 to 2018
• In 2024, a record-high sales increase of +24.9% was recorded compared to 2023
• The EBITDA margin has remained stable at around 7% for the most well-known companies

Registered Companies

The following companies are registered in the pharmacy industry in Nittedal:

1. Apotek 1 Hagan (Hagan) - AS, 22 employees
2. Apotek 1 Nittedal (Nittedal) - AS, 16 employees
3. Ditt Apotek Åneby As (Hakadal) - AS, 4 employees
4. Hagan Apotek As (Hagan) - AS, 0 employees

Organizational Form Statistics:

• All 4 companies are registered as AS (Anonymous Companies)
• Total number of employees in AS companies: 42
• Average EBITDA per employee: 157.2K NOK
• Average operating revenue per employee: 2.5M NOK

Geographic Distribution

Key Points:

• Hagan and Nittedal have identical sales figures of 38.7M NOK
• Hakadal has a lower EBITDA margin (1%) compared to 7% in other areas
• Hagan has the highest average operating revenue per employee (2.9M NOK)
• Nittedal has the highest EBITDA per employee (212.5K NOK)

Bankruptcy Safety:

• None of the 4 registered companies are registered as bankrupt
• All companies have positive operating revenue (except Hagan Apotek As, which has 0 sales)

Operational Fluctuations:

• Ditt Apotek Åneby As in Hakadal had -4% sales growth in 2025
• Hagan Apotek As has 0 employees and 0 sales, which may indicate potential operational issues
• The two most well-known companies (Apotek 1 Hagan and Apotek 1 Nittedal) have stable operations with 10% sales growth in 2024

Future Outlook

Positive Signals for Founders:

• The largest companies have shown stable growth since 2021, with +24.9% sales growth in 2024
• High average gross profit margin of 15842% (particularly notable in Hagan and Nittedal)
• Stable number of employees in the most well-known companies (22 and 16 employees)

External Challenges:

• Hakadal shows lower operating results (1% EBITDA margin) compared to 7% in other areas
• Hagan Apotek As with 0 employees and 0 sales may signal potential operational challenges in the area
• Large variation in employee numbers (from 0 to 22 employees across different companies)

Pharmacies in Nittedal represent a stable but small industry with clear regional variations. The sector shows resilience with no bankruptcies reported, but also demonstrates volatility in employee numbers and sales figures. While Hagan and Nittedal perform strongly with high gross margins and stable employment, Hakadal shows weaker performance. Founders considering this industry should focus on locations with established operations and high gross margins, while being cautious about the smaller Hakadal area. SmartGrunder can assist with location analysis and address exploration for new pharmacy ventures in Nittedal.