Industry · municipality
Pharmacies in Øygarden
An industry analysis of the pharmacy sector in the municipality of Øygarden
Brief overview of the pharmacy sector in Øygarden
Pharmacies in Øygarden represent a stable and growing sector with 8 registered companies in the municipality. In recent years, the industry has shown variations in sales and number of employees, but there is a clear growth trend after 2022. Øygarden has a unique advantage with multiple pharmacies in central locations such as Straume and Skogsvåg, highlighting the municipality's role as an important trade hub in Vestland. With a combination of stable businesses and growth in certain areas, the industry can offer good opportunities for entrepreneurs seeking to establish themselves in the region.
Economic trends and key figures
Economic trends
Over the past few years, sales in the pharmacy sector in Øygarden have shown dynamic development. From 2016 to 2025, sales grew by 52%, with a significant increase of 22.8% in 2024. This indicates a clear improvement after a period of decline in 2017. The number of employees has been more stable, with an average annual growth of approximately 1.5% over the same period. However, there is some variation, with a decline of 10% in 2023 and an increase of 10% in 2024.
Key figures in table form
| Year | Sales (NOK) | Employees |
|---|---|---|
| 2016 | 157.9M | 89 |
| 2017 | 110.9M | 97 |
| 2018 | 164.6M | 79 |
| 2019 | 162.9M | 81 |
| 2020 | 171.1M | 89 |
| 2021 | 186.2M | 94 |
| 2022 | 203.2M | 100 |
| 2023 | 201.9M | 90 |
| 2024 | 247.9M | 99 |
| 2025 | 241.2M | 89 |
This shows that the industry has achieved a growth curve after 2020, with a notable increase in 2024. This may be due to increased ownership and improved operational efficiency among the most active companies.



Companies and organizational structure
Registered companies
In Øygarden, there are 8 pharmacy companies registered, all with the organizational form AS. The most well-known companies include:
- Sund Apotek As (Skogsvåg) – 22 employees, operating result -761.0K NOK
- Apotek 1 Ågotnes (Ågotnes) – 16 employees, operating result 2.2M NOK
- Boots Apotek Sartor Storsenter (Straume) – 16 employees, operating result 273.8K NOK
- Vitusapotek Sartor Storsenter (Straume) – 16 employees, operating result 1.6M NOK
Organizational form
All companies in the industry are registered as AS (Anonymous Companies), indicating a standardized structure in the municipality. There are no companies with other organizational forms such as sole proprietorships or listed companies.
Geographic distribution of business
Distribution of business by district
The pharmacy sector in Øygarden is most concentrated in Straume, which has 4 companies and 54 employees. Skogsvåg and Ågotnes follow with 2 and 1 companies respectively. Brattholmen has one company, but it has no operating result and no sales.
| District | Number of companies | Number of employees | Sales (NOK) |
|---|---|---|---|
| Straume | 4 | 54 | 119.7M |
| Skogsvåg | 2 | 30 | 40.3M |
| Ågotnes | 1 | 16 | 38.7M |
| Brattholmen | 1 | 5 | 0 |
Straume is therefore the most central business location for the pharmacy sector in the municipality, with a combination of high activity and high sales figures.

Operational efficiency and bankruptcy situations
Operational efficiency and bankruptcy statistics
None of the 8 companies in the pharmacy sector in Øygarden have been in bankruptcy, indicating a stable sector. However, there is a special situation with Vitusapotek Øygarden in Brattholmen, which has 0 sales, 0 employees, and no operating result. This may indicate an inactive business or a newly established business that has not yet started operations.
Operating results
The most profitable companies have an operating result of over 2M NOK, while some companies have negative results. This shows that there are variations in operational efficiency, but no serious bankruptcy situations.
Outlook for entrepreneurs in the pharmacy sector
Opportunities for entrepreneurs
The pharmacy sector in Øygarden shows clear signs of growth, especially after 2022. With a 22.8% increase in sales in 2024 and a stable number of employees, this can be a good time for entrepreneurs looking to establish themselves in the municipality. The most active districts, especially Straume, can be good locations for new companies. However, it is important to be aware of variations in operating results and to analyze competitors thoroughly before establishing a business.
SmartGrunder can help entrepreneurs find optimal locations in Øygarden for pharmacy business, based on both economic and geographic factors.
Comparison with the craftsmanship sector
The craftsmanship sector in Øygarden has a similar development to the pharmacy sector, with a sales growth of 52% from 2016 to 2025. However, the craftsmanship sector has 1 additional company in the municipality, indicating that it is slightly broader. One of the key peer companies in the craftsmanship sector is K J Brusdal As Avd Butikk Sotra, which has 0 sales and 0 employees. This shows that the craftsmanship sector also has its share of inactive companies, but there are no bankruptcy situations.
Comparison table
| Industry | Number of companies | Sales (2025) | Employees (2025) |
|---|---|---|---|
| Pharmacy | 8 | 241.2M | 89 |
| Craftsmanship | 9 | 241.2M | 89 |
This shows that the pharmacy sector and craftsmanship sector have similar economic results, but the craftsmanship sector has a slightly broader company base.



Other companies in håndverk (not in pharmacy)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| K J Brusdal As Avd Butikk Sotra | medical/orthopaedic goods store | Skjenet 11, 5354 Straume | NOK 0 | 0 | NOK 0 |
Conclusion
The pharmacy sector in Øygarden shows clear growth after 2020, with a notable increase in sales in 2024. With 8 companies and a stable number of employees, the sector is an important part of the municipality's economy. The most active districts, especially Straume, can be good locations for new companies. However, it is important to be aware of variations in operating results and to analyze competitors thoroughly before establishing a business. SmartGrunder can help entrepreneurs find optimal locations in Øygarden for pharmacy business, based on both economic and geographic factors.