The Pharmacy Industry in Stjørdal: Current Situation and Future Prospects

The pharmacy industry in Stjørdal is a stable but variable sector with 7 registered companies. Sales have grown by 11.3% from 2023 to 2024, despite a recorded decline of 2.1% in 2025. Employment trends have been more uneven, with an expected increase of 13.5% in 2026. The industry features a mix of established companies and newer players, with variation in financial performance.

Sales and Employment Development

Sales growth was most significant from 2017 to 2018 (+39.4%), but a notable decline occurred in 2017 (-27.2%). Employment trends have been more volatile, with a decline of 14.3% from 2018 to 2019 and an increase of 17.8% from 2021 to 2022. The expected increase of 13.5% in 2026 indicates a positive trend.

Registered Companies

1. Boots Apotek Torgkvartalet (Stokmovegen 2) – 19 employees, AS, operating income 49.9M NOK
2. Boots Apotek Stjørdal (Kjøpmannsgata 28) – 14 employees, AS, operating income 35.0M NOK
3. Promex Helse AS (Stokmovegen 2) – 11 employees, AS, operating income 9.9M NOK
4. Apotek 1 Stjørdal (Kjøpmannsgata 36) – 9 employees, AS, operating income 19.6M NOK
5. Ditt Apotek Hell AS (Hellsenteret) – 9 employees, AS, operating income 31.8M NOK
6. Mklt Holding AS (Sandgata 4) – 0 employees, AS, operating income 0 NOK
7. Zeinap Holding AS (Maren Bergs vei 18) – 0 employees, AS, operating income 951.0K NOK

All companies are organized as AS. Mklt Holding AS and Zeinap Holding AS have special financial profiles, with negative operating results and extremely high EBITDA margins (76%) respectively.

All 7 companies are registered in Stjørdal. The most active companies are located in:

• Kjøpmannsgata (Boots Apotek Stjørdal, Apotek 1 Stjørdal, Ditt Apotek Hell AS)
• Stokmovegen (Boots Apotek Torgkvartalet, Promex Helse AS)

No companies are registered in other city districts or municipalities.

• Bankruptcies: No companies in the industry are bankrupt (all are marked as 'not bankrupt')
• Financial stability: 5 out of 7 companies have positive operating results, but Mklt Holding AS has a negative operating result (-15.0K NOK)
• EBITDA margins: Variation from 1% (Boots Apotek) to 76% (Zeinap Holding AS)
• Wage expenses: Average wage per employee ranges between 62.8K NOK and 212.5K NOK

The industry shows a mix of stable and more uncertain companies, with significant variation in financial performance.

Future Prospects

Positive trends:

• Increasing sales from 2020 to 2024 (11.3% annual growth)
• Rising number of employees (expected +13.5% in 2026)
• High EBITDA margins for some companies (e.g., Zeinap Holding AS with 76%)

Development challenges:

• Varying financial stability among companies (Mklt Holding AS has a negative operating result)
• Fluctuating sales development (decline of 2.1% in 2025)

Opportunities for entrepreneurs:

• Stable market with 7 existing players
• Potential to leverage high EBITDA margins in certain companies
• Increasing number of employees indicates growth in the sector

SmartGrunder can help entrepreneurs find suitable locations in Stjørdal for pharmacy activities, based on existing structures and development trends.

The pharmacy industry in Stjørdal shows a mix of stability and variation. With 7 companies and an expected increase of 13.5% in the number of employees in 2026, there are clear growth trends. At the same time, financial data shows that the industry has both strong and weak players. For entrepreneurs, this can be an opportunity to establish themselves in a sector with growth potential, but with a need to carefully analyze the financial positions of competitors.