Industry · municipality
The Pharmacy Industry in Sunnfjord: Current Status and Future Prospects
A Detailed Analysis of Companies, Economics, and Development Trends
Brief Overview of the Pharmacy Industry in Sunnfjord
The pharmacy industry in Sunnfjord is a stable but dynamic sector with 5 registered companies in the municipality. Most companies are AS entities, and they are concentrated in Førde, which is the only area with activity in the sector. The number of employees has varied over the years but stabilized around 44 employees in 2025. Sales have shown significant fluctuations, with a sharp decline in 2017, but a gradual increase since 2020. Førde is a key hub for pharmacy operations in the municipality, with a mix of established and new companies.
Economic Trends and Key Figures
Economic Trends
- Sales: Sales have shown significant fluctuations, with a decline of 58.2% from 2016 to 2017, but an increase of 26.6% from 2023 to 2024. In 2025, sales amounted to NOK 71.3 million, indicating a gradual stabilization.
- Number of Employees: The number of employees has been uneven, but stabilized around 44 employees in 2025. There is a slight increase from 2024 to 2026 (6.8%).
- EBITDA Margin: In 2024, the sector had an EBITDA margin of 7%, indicating good cost control.
- Gross Margin: The high gross margin of 17,635% (in 2023) suggests that pharmacies have a strong income structure, although this may be due to unique calculations in the dataset.
Companies and Organizational Forms
Registered Companies
The following companies are registered in the pharmacy industry in Sunnfjord:
| Name | Address | Organizational Form | Employees | Sales (2025) | EBITDA (2025) |
|---|---|---|---|---|---|
| Apotek 1 Førde | Storehagen 9, Førde | AS | 22 | NOK 0 | NOK 0 |
| Sunnfjord Apotek Førde As | Naustdalsvegen 1A, Førde | AS | 14 | NOK 44.1M | NOK 3.3M |
| Apotek 1 Brulandsvellene | Kronborgvegen 34, Førde | AS | 5 | NOK 0 | NOK 0 |
| Vitusapotek Førde | Langebruvegen 28, Førde | AS | 4 | NOK 11.8M | NOK 734K |
| Gelva As | Naustdalsvegen 1B, Førde | AS | 1 | NOK 0 | NOK 64K |
Organizational Forms
All companies in the sector are AS entities, indicating a standardized structure in the municipality. None of the companies are registered as bankrupt, indicating stable operations.
Geographic Distribution of Operations
Geographic Distribution
All companies in the pharmacy industry in Sunnfjord are concentrated in Førde. Here are the details for Førde:
- Number of companies: 5
- Number of employees: 46
- Operating income: NOK 56.2M
- Sales: NOK 56.0M
- Wages: NOK 9.0M
- EBITDA: NOK 4.1M
- Gross profit: NOK 9,868.5M
- Total equity: NOK 7.5M
- Total debt: NOK 16.8M
- EBITDA margin: 7%
- Gross margin: 17,635%
Førde is therefore the only city with activity in the pharmacy industry in the municipality, and there is a clear concentration of operations here.
Operational Dynamics and Bankruptcy Statistics
None of the companies in the pharmacy industry in Sunnfjord are registered as bankrupt, indicating stable operations. This is a positive indicator for investors and entrepreneurs. However, sales have shown significant fluctuations over the years, with a sharp decline in 2017 (58.2%) and a gradual increase since 2020. The number of employees has been more stable, with small variations over the years. This suggests that the sector has a certain degree of resilience, even though there are challenges in certain years.
Outlook for Entrepreneurs
For entrepreneurs in the pharmacy industry in Sunnfjord, there are both opportunities and challenges. The stable employee development and gradually increasing sales since 2020 indicate potential for growth. Førde is a key hub for operations, and it may be advantageous to establish oneself there. However, it is important to be aware of the significant fluctuations in sales over the years, which can affect the operating result. It may also be beneficial to collaborate with existing companies in the municipality to utilize infrastructure and local connections.
Comparison with the Craftsmanship Sector
The craftsmanship sector in Sunnfjord has a larger number of companies (6) compared to the pharmacy industry (5). Sales in the craftsmanship sector have also shown a similar development, with a sharp decline in 2017 and a gradual increase since 2020. The number of employees has been slightly more stable in the craftsmanship sector. One of the key peer companies in the craftsmanship sector is K J Brusdal As Avd Butikk Førde, which has NOK 0 in sales and EBITDA. This indicates that there may be challenges in certain parts of the craftsmanship sector, even though it is a broader sector compared to the pharmacy industry.
Other companies in håndverk (not in pharmacy)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| K J Brusdal As Avd Butikk Førde | medical/orthopaedic goods store | Øyrane 4, 6800 Førde | NOK 0 | 0 | NOK 0 |
Conclusion and Future Perspectives
Conclusion
The pharmacy industry in Sunnfjord is a stable but dynamic sector with growth potential. The concentrated operations in Førde and the stable employee development indicate opportunities for entrepreneurs. However, it is important to be aware of the significant fluctuations in sales over the years. SmartGrunder can help entrepreneurs find suitable addresses in Sunnfjord for pharmacy operations, with a focus on natural conditions and local connections.