The Pharmacy Sector in Verdal: Current Situation and Future Perspectives

The pharmacy sector in Verdal is a stable, yet dynamic sector with four registered companies. In 2025, there are a total of 31 employees in the sector, and the annual revenue amounts to NOK 88.2 million. The EBITDA for the entire sector is NOK 4.5 million, with a margin of 4%. The four companies primarily operate in Verdal, and there are no registered bankruptcies among them. Outlooks for the future indicate a gradual increase in sales and number of employees after a period of decline in 2022–2023.

Sales Development

Annual revenue for the pharmacy sector in Verdal has shown strong growth from 2016 to 2021, increasing from NOK 43.5 million to NOK 97.9 million. This was followed by a decline in 2022 and 2023, before a mild increase in 2025. The total sales growth over five years is +105.7%.

Employee Numbers

The number of employees has varied between 19 and 30 over the past six years. The highest number was recorded in 2020 (30 employees), while the lowest was recorded in 2024 (19 employees). An expected increase to 27 employees is anticipated in 2026.

Registered Companies

Four companies operate in the pharmacy sector in Verdal:

Organizational Forms

All four companies are organized as AS (limited liability companies). No companies with other organizational forms are registered in the sector.

Geographic Distribution

All four pharmacies in Verdal are located in the municipality's main town, Verdal. No activity is registered in other districts or neighboring municipalities. This indicates a concentration of pharmacies in the center, which may affect competition and accessibility for the population.

None of the four companies in the sector are registered in bankruptcy. However, data shows some uncertainty in operating results:

• Vitusapotek Innherred has an EBITDA margin of 6% and a high revenue per employee (NOK 3.3M).
• Boots Apotek Verdal has a lower EBITDA margin (1%) and lower revenue per employee (NOK 3.5M).
• Verdal Apotek As has an EBITDA margin of 5% and high revenue per employee (NOK 6.8M).
• Boots Apotek Alti Verdal has no revenue or operating results, which may indicate a new or weakly positioned business model.

This shows that there are significant variations in efficiency and operating results among the companies.

Outlook for Entrepreneurs

For entrepreneurs considering establishing themselves in the pharmacy sector in Verdal, the data shows the following:

• Stable Market: There are four companies in the sector, indicating a relatively stable market with limited growth potential.
• Competitiveness: The most efficient companies (such as Vitusapotek Innherred and Verdal Apotek As) have high revenue per employee and good EBITDA margins. This can be a challenge for new entrants.
• New Opportunities: An expected increase in the number of employees and sales in 2026 may indicate a gradual growth in the market.

SmartGrunder can help entrepreneurs find suitable locations and evaluate business models that can provide competitiveness in this market.

The pharmacy sector in Verdal is an important part of the municipality's local economy. With four companies and 31 employees, the sector is relatively stable, but there are variations in efficiency and operating results. Outlooks indicate a gradual increase in sales and number of employees after a period of decline. For entrepreneurs, it is important to evaluate the competitiveness and efficiency of business models to be able to compete with existing companies.