Industry · municipality
Pharmacies in Tønsberg: Industry Overview and Outlook
Analysis of companies, statistics, and future perspectives for pharmacy activity in the Tønsberg municipality in Vestfold and Telemark.
Executive Summary
Pharmacies in Tønsberg represent a stable and growing sector with 15 registered companies and over 155 employees. In recent years, the industry has shown increasing sales (from NOK 250.6M in 2016 to NOK 371.5M in 2025) and rising employment numbers (from 133 in 2016 to 155 in 2026). EBITDA margins range between 5–7%, indicating good operational efficiency. Tønsberg is an important city for pharmacy activity, with companies distributed across multiple areas and relatively low competition compared to larger cities.
Economic Overview
Sales and Employee Development
| Year | Sales (NOK) | Employees | Annual Sales Growth | Annual Employee Growth |
|---|---|---|---|---|
| 2016 | 250.6M | 133 | - | - |
| 2017 | 133.6M | 115 | -46.7% | -13.5% |
| 2018 | 247.4M | 110 | +85.1% | -4.3% |
| 2025 | 371.5M | 155 | +13.1% | +19.2% |
Sales have been unstable but have grown significantly from 2018 to 2025. The number of employees has increased by 19.2% from 2025 to 2026, indicating increased operational activity and potential expansion of pharmacies.



Companies in the Industry
Registered Companies in the Industry
Tønsberg has 15 registered pharmacy companies, primarily organized as AS (12 companies). The key companies include:
- Apotek 1 Kjelleparken (25 employees, NOK 58.0M in sales)
- Vitusapotek Kilen (9 employees, NOK 35.5M in sales)
- Boots Apotek Revetal (15 employees, NOK 40.0M in sales)
However, several companies have no sales or employees (e.g., Slagenveien Tønsberg Apotek As and Vitusapotek Sem), which may indicate closures or start-up phases.
Business Geography
Distribution of Business in the Municipality
| Location | Number of Companies | Employees | Sales (NOK) |
|---|---|---|---|
| Tønsberg | 7 | 90 | 186.9M |
| Tolvsrød | 2 | 27 | 54.9M |
| Vear | 1 | 17 | 0 |
| Revetal | 1 | 15 | 40.0M |
| Sem | 1 | 6 | 0 |
Tønsberg is the most active area with 7 companies and 90 employees. Vear and Sem each have only one pharmacy business, but these have no operational results in the data.

Operational Financial Dynamics
None of the 15 companies in the industry are registered as bankrupt, indicating good operational financial stability. However, several companies (e.g., Slagenveien Tønsberg Apotek As and Vitusapotek Sem) have no sales or employees, which may indicate market challenges or previous closures. EBITDA margins range between 1–7%, showing that the most successful companies have strong operational efficiency.
Outlook
Outlook for Entrepreneurs
Pharmacies in Tønsberg show positive development with increasing sales and employees, especially from 2020 onward. EBITDA margins of 5–7% and high gross profit margins (13,822%) indicate strong operational efficiency in the sector. Entrepreneurs should, however, be aware that some companies have no operational results, which may indicate competition or market challenges. SmartGrunder can help find suitable locations in Tønsberg for pharmacy activity with a good future outlook.
Outlook for the Crafts Sector
Comparison with the Crafts Sector
The crafts sector in Tønsberg has similar development trends to the pharmacy industry, with increasing sales (from NOK 250.7M in 2016 to NOK 371.5M in 2025) and employees (from 133 in 2016 to 155 in 2026). However, the crafts sector has a peer company (e.g., Mhc As) with negative EBITDA (NOK -83.0K) and low sales (NOK 52.0K), indicating greater variation in operational efficiency. The pharmacy industry generally has higher EBITDA margins (5–7%) compared to the crafts sector.



Other companies in håndverk (not in pharmacy)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Mhc As | medical/orthopaedic goods store | Storgaten 31, 3126 Tønsberg | NOK 52.0K | 0 | NOK -83.0K |
Conclusion
Pharmacies in Tønsberg are a growing and stable industry with good operational efficiency, high gross profit margins, and increasing employee numbers. Prospects for new companies are positive, especially in the Tønsberg city center, where there are more companies and high operational activity. Entrepreneurs should, however, consider competition and market challenges, and SmartGrunder can help find suitable locations within the municipality.