Industry · municipality
Pharmacies in Tromsø
An analysis of the business environment, companies, and outlooks in the municipality of Tromsø for the pharmacy sector in 2025 and future development in Norway.
Executive Summary
Pharmacies in Tromsø form a stable and important part of the municipality's business environment. With 12 registered companies and over 200 employees, data shows a mix of established businesses and recently founded pharmacies. Economic indicators show fluctuating, but generally stable development over the past few years, with a marked increase in sales revenue in 2025. Geographically, the activity is distributed across several centers in the municipality, with particular focus on Tromsø and Tromsdalen. At the same time, bankruptcy statistics show that the sector has been relatively robust, with no registered bankruptcies to date. For entrepreneurs, this may be a sign of an attractive market opportunity in a municipality with growing population and high purchasing power.
Economic Overview
Economic data for the pharmacy sector in Tromsø shows fluctuating development over the past few years. Sales revenue experienced a sharp decline of 24.7% from 2016 to 2017, but then rose significantly by 62.2% in 2018. The most recent data from 2025 shows an increase of 15.4% compared to 2024. Employees have been more stable, with a decline of 6.0% from 2016 to 2017, but an increase of 8.9% from 2025 to 2026. This indicates a gradual stabilization of the labor market in the sector.



Companies in the Sector
In Tromsø, there are 12 companies registered in the pharmacy sector, distributed across different organizational forms. Most (11 companies) are organized as AS, with a combined revenue of NOK 616.7 million and 221 employees. The most well-known companies include Vitusapotek Nerstranda, Apotek 1 Renen, and Boots Apotek Jekta. None of the companies are registered as bankrupt, which shows relative stability in the sector. A special company is Jgi Invest As, which has 0 employees and no revenue, which may indicate a new founding or a business in the early stages.
Business Geography
Pharmacy activity in Tromsø is distributed across several geographical areas:
| Location | Number of companies | Number of employees | Sales revenue (NOK) |
|---|---|---|---|
| Tromsø | 8 | 163 | 463.3 million |
| Tromsdalen | 2 | 46 | 112.8 million |
| Kvaløysletta | 1 | 12 | 35.0 million |
Tromsø is the most active area, with 8 companies and over 160 employees. Tromsdalen and Kvaløysletta have less activity, but still show significant revenue per company. This indicates that pharmacies in Tromsø have a broad geographical presence, with a focus on both central and peripheral areas in the municipality.

Business Dynamics
Bankruptcy statistics for the pharmacy sector in Tromsø show that none of the registered companies have been bankrupt. This is a positive indicator of the sector's stability. At the same time, data shows that all companies have been in operation over the past few years, with an average revenue per employee of over NOK 2.9 million. This suggests that pharmacies have a good economic balance and ability to maintain operations even under difficult conditions.
Outlook for Entrepreneurs
For entrepreneurs in the pharmacy sector in Tromsø, data indicates an attractive market opportunity. With stable economic development, a good distribution of businesses across several geographical areas, and no bankruptcy registrations, it may be a good time to start a new pharmacy business. The growing population in Tromsø and high purchasing power in the region can also contribute to a positive development for new players. SmartGrunder can help entrepreneurs find suitable locations and assess market prospects in the municipality.
Outlook for the Crafts Group
When comparing the pharmacy sector with the broader crafts group in Tromsø, data shows that the crafts sector has a slightly higher number of companies (14) compared to the pharmacy sector (12). Economic indicators show similar development for both sectors, with a significant increase in sales revenue in 2018 and 2025. The crafts sector, however, has some peer companies that are not pharmacies, such as Optik Nord Troms As and Bemer Nan Wang. This shows that the crafts group is more diversified, while the pharmacy sector is more specialized. Nevertheless, data shows that both sectors have potential for growth and development in Tromsø.



Other companies in håndverk (not in pharmacy)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Optik Nord Troms As | medical/orthopaedic goods store | Lilleorget Storgata 89 Havnegata 2, 9008 Tromsø | NOK 428.0K | 0 | NOK 152.0K |
| Bemer Nan Wang | medical/orthopaedic goods store | Flintvegen 25, 9022 Krokelvdalen | NOK 0 | 0 | NOK 0 |
Conclusion
The pharmacy sector in Tromsø shows stable and growing development over the past few years, with a good distribution of businesses across several geographical areas. Economic data shows a positive trend in sales revenue and number of employees, which indicates a good market opportunity for new players. At the same time, the sector is relatively robust, with no bankruptcy registrations. For entrepreneurs, this may be a sign of an attractive market opportunity in a municipality with a growing population and high purchasing power. SmartGrunder can help find suitable locations and assess market prospects in the municipality.