The Pharmacy Industry in Ullensvang: Current Situation and Future Perspectives

The pharmacy industry in Ullensvang is a small but stable sector with two registered companies. In recent years, the industry has shown variations in sales and number of employees, but there have been no registered bankruptcies. This analysis provides an overview of companies, economic trends, and future opportunities for entrepreneurs.

Economic Trends

Sales and Employees:

Sales experienced a sharp decline in 2018 (–43.9%), but have since stabilized with a rise of +28.7% in 2025. The number of employees has varied between 15 and 24, stabilizing around 18 employees in 2025.

Registered Companies

Ullensvang has two registered pharmacies:

1. Apotek 1 Odda (Smelteverket 18, Odda)

• Organizational form: AS
• Founded: 2014-01-08
• Employees: 13
• Sales: 0 NOK (not reported)

1. Boots Apotek Odda (Smelteverket 8, Odda)

• Organizational form: AS
• Founded: 1965-12-31
• Employees: 6
• Sales: 20.0M NOK
• EBITDA: 361.2K NOK
• Gross profit: 1335.9M NOK

Both companies are AS entities, and there are no bankruptcy registrations for the pharmacy industry in the municipality.

Geographic Distribution

All pharmacies in Ullensvang are located in Odda. There is one activity zone with two companies. Odda is therefore the main geographic hub for the pharmacy industry in the municipality.

Business Dynamics

• Bankruptcy Statistics: There are no registered bankruptcies for the pharmacy industry in Ullensvang.
• Stability: Although sales and number of employees have varied, no companies have gone bankrupt. This indicates a relatively stable industry.
• Development: The most significant sales decline occurred in 2018, but there has been a gradual increase since 2020. This may indicate that the industry has adapted to market conditions.

Future Perspectives

• Growth in 2025: Sales increased by +28.7% from 2024 to 2025, indicating a positive trend.
• Competitiveness: With two companies in a small municipality, there may be opportunities to develop specialized services or collaborate with local health institutions.
• Beyond Schools and Housing: Entrepreneurs should consider exploring opportunities to establish themselves in other neighborhoods or collaborate with existing pharmacies.
• SmartGrunder: We can help entrepreneurs find suitable locations and assess market prospects in Ullensvang.

The pharmacy industry in Ullensvang is small but stable, with two companies and no bankruptcies. Sales have shown variations, but there is a positive trend in 2025. Entrepreneurs should consider opportunities to establish themselves in Odda or develop specialized services. SmartGrunder can help find suitable locations and assess market prospects in the municipality.