Industry · municipality
Pharmacies in Trondheim
An industry analysis of the pharmacy sector in the municipality of Trondheim
Executive Summary
Pharmacies in Trondheim constitute a stable and important part of the municipality's economy. With 33 registered companies in the industry, including well-known names such as Apotek 1 and Vitusapotek, the data show a combination of established businesses and modern pharmacies. Sales have shown variations over the years, but reached NOK 1,038.1 million in 2025, indicating a 9.6% increase compared to 2024. Employment figures have been somewhat more stable, with a slight increase in 2026 compared to 2025. The industry has also proven to be relatively robust in terms of bankruptcy, highlighting its important role in the municipality's economy.
Economic Overview
Over the years, sales in the pharmacy industry in Trondheim have shown variations, but reached NOK 1,038.1 million in 2025, indicating a 9.6% increase compared to 2024. This is a significant improvement following a 10.4% decline in 2023. Employment figures have been somewhat more stable, with a slight increase in 2026 compared to 2025. It is also worth noting that no bankruptcies have been registered in the industry in recent years, demonstrating a relatively robust sector.



Companies in the Industry
In Trondheim, there are 33 companies registered in the pharmacy industry, 16 of which are listed with detailed data. The most well-known names include Apotek 1 and Vitusapotek, which have multiple pharmacies in the municipality. Most companies are organized as AS, indicating a certain level of professionalization and structure. There are no registered bankruptcies associated with these companies, demonstrating a stable sector. Examples of companies include Apotek 1 Elefanten Lade, Vitusapotek Trondheim Torg, and Vitusapotek Solsiden.
Business Geography
The pharmacy industry in Trondheim is distributed across several areas, with Trondheim itself as the main hub. Trondheim has 23 companies and 287 employees, which is significantly more than Tiller (3 companies, 51 employees) and Heimdal (2 companies, 13 employees). Sales in Trondheim amount to NOK 680.6 million, while Tiller has NOK 133.2 million and Heimdal NOK 30.0 million. There is also a clear difference in EBITDA margins, with Trondheim at 5% compared to 6% in Tiller and 1% in Heimdal.

Business Dynamics
The bankruptcy statistics show that no bankruptcies have been registered in the pharmacy industry in Trondheim in recent years. This is a positive indicator of the sector's stability. However, data show that some companies have lower income growth, such as Boots Apotek Nardo, which had 0% growth in 2024. This may indicate competitive pressure or specific challenges for certain companies, even though the industry as a whole appears stable.
Outlook
For the foundation of the pharmacy industry in Trondheim, data show a stable and growing sector. Sales have shown an increase of 9.6% from 2024 to 2025, indicating growing demand for pharmacy services. EBITDA margins range from 5-7%, showing good operational efficiency. For aspiring entrepreneurs, this can be a positive signal, especially in areas with high population density and good infrastructure. It is also worth noting that the pharmacy industry has a relatively low bankruptcy risk compared to other sectors.
Outlook for the Parent Grouping
When comparing the pharmacy industry to the broader crafts group in Trondheim, data show that the crafts sector has higher sales (NOK 1,104.7 million in 2025) and more companies (37 companies). However, the pharmacy industry has a higher EBITDA margin (5-7%) compared to the crafts sector (4-6%). This suggests that the pharmacy industry has better operational efficiency. Examples of companies in the crafts group that are not pharmacies include Synsam Trondheim City Syd (medical/orthopedic goods store) and Krogh Optikk H.iversen As, which have higher EBITDA than many pharmacies.



Other companies in håndverk (not in pharmacy)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Synsam Trondheim City Syd | medical/orthopaedic goods store | Østre Rosten 28, 7075 Tiller | NOK 31.3M | 25 | NOK 5.8M |
| Krogh Optikk H.iversen As | medical/orthopaedic goods store | Nordre gate 2, 7011 Trondheim | NOK 27.3M | 14 | NOK 4.6M |
| Heimdal Optikk As | medical/orthopaedic goods store | Ringvålvegen 1, 7080 Heimdal | NOK 8.4M | 4 | NOK 1.7M |
| Mork Butikk | medical/orthopaedic goods store | Fossestuvegen 62, 7075 Tiller | NOK 0 | 0 | NOK 0 |
Conclusion
The pharmacy industry in Trondheim proves to be a stable and important part of the municipality's economy. With growth in sales and a low bankruptcy level, it is an attractive sector for entrepreneurs. At the same time, the comparison with the crafts group shows that the pharmacy industry has better operational efficiency, which can be an advantage for new companies. It is also worth noting that SmartGrunder can help entrepreneurs find suitable locations in Trondheim for pharmacy activities.