The Pharmacy Sector in Østre Toten: Current Status and Future Prospects

The pharmacy sector in Østre Toten has proven to be a stable and growth-oriented sector over the past few years. With three registered companies and a combination of high sales revenues and reasonable operating margins, it appears that the sector has potential to become an important part of the municipality's economy. It is particularly interesting to note the high sales growth figures from 2018 to 2019, as well as the gradual adjustment of the operating result over time. At the same time, the past few years have shown that the sector has managed well during economic fluctuations, which could be an advantage for new players considering establishing themselves here.

Economic Trends

Sales Development

Wage Development

The sector has shown clear growth in sales in recent years, peaking at 85 million NOK in 2019. Although there has been a decline in 2025, the sector has generally performed well. The number of employees has been more variable, with a significant increase from 2018 to 2019, which may indicate expansion or adaptation of the operational model.

Registered Companies

In Østre Toten, the following pharmacies are registered:

1. Vitusapotek Lena (Lenagata 88, Lena)

• Organizational form: AS
• Number of employees: 11
• Sales: 35.5M NOK
• Operating income: 35.7M NOK
• EBITDA: 2.2M NOK

1. Apotek 1 Lena (Rådhusgata 27, Lena)

• Organizational form: AS
• Number of employees: 9
• Sales: 19.3M NOK
• Operating income: 19.6M NOK
• EBITDA: 1.4M NOK

1. Vitusapotek Skreia (Totenvegen 771, Skreia)

• Organizational form: AS
• Number of employees: 6
• Sales: 11.8M NOK
• Operating income: 11.9M NOK
• EBITDA: 0.7M NOK

All companies are AS entities, indicating a standardized organizational form in the sector. There are no registered bankruptcies among these companies, showing relative stability in the sector.

Geographic Distribution

The sector is distributed across the following locations in the municipality:

1. Lena

• Number of companies: 2
• Number of employees: 20
• Sales: 54.8M NOK
• Operating income: 55.4M NOK
• EBITDA: 3.6M NOK

1. Skreia

• Number of companies: 1
• Number of employees: 6
• Sales: 11.8M NOK
• Operating income: 11.9M NOK
• EBITDA: 0.7M NOK

Lena is the most active area with two companies and higher sales. Skreia has a smaller presence, but with a high operating margin of 4%.

The sector has proven to be relatively stable over time, with no registered bankruptcies. This is a positive indicator for both existing and potential players. However, there have been variations in the number of employees and sales over the years, which may indicate adjustments in the operational model or market conditions. The highest operating margins range between 6-7%, showing good operational efficiency. It is also interesting to note that all companies have a positive EBITDA, indicating that they have managed well during economic fluctuations.

Future Perspectives

Based on the past few years, it appears that the pharmacy sector in Østre Toten has potential to grow further. The high operating margin and stable EBITDA figures indicate that the companies have a solid financial position. This can be an advantage for new players considering establishing themselves in the municipality. At the same time, it should be noted that there was a decline in sales in 2025, which may be an indicator of potential challenges in the future. It may be worth investigating what caused this decline and whether it is a trend or a one-time event. There may also be opportunities for collaboration between existing companies, which could benefit both new and existing players.

The pharmacy sector in Østre Toten proves to be a stable and growth-oriented sector with good economic results. With three registered companies and a combination of high sales revenues and reasonable operating margins, it appears that the sector has potential to become an important part of the municipality's economy. It is particularly interesting to note the high sales growth figures from 2018 to 2019, as well as the gradual adjustment of the operating result over time. At the same time, the past few years have shown that the sector has managed well during economic fluctuations, which could be an advantage for new players considering establishing themselves here. SmartGrunder can help founders find suitable addresses in the municipality for this sector, based on natural prerequisites and economic perspectives.