Industry · municipality
The Pharmacy Industry in Vestby: Key Figures, Companies, and Development Trends
A detailed analysis of pharmacy activities in Vestby municipality based on economic data and company information
Brief overview of the pharmacy industry in Vestby
The pharmacy industry in Vestby has shown both strong growth and variations over time. In 2025, there are four pharmacy operations registered in the municipality, with a total of 123 employees. Sales have increased by 32.2% from 2024 to 2025, and there has been a significant increase in the number of employees since 2020. Vestby and Son are the two main geographical centers for the industry, with Vestby being the headquarters for most operations. The industry has a mix of established companies and newer operations, and there are no bankruptcy registrations among the reported companies. Outlooks for the future show potential for further growth, especially with high sales growth figures in recent years.
Economic overview of the industry
In 2025, the pharmacy industry in Vestby had a total sales volume of NOK 869.8 million, with an annual growth of 32.2% compared to 2024. There has been a stable increase in the number of employees, from 101 in 2023 to 123 in 2025. Sales experienced a significant decline of 56.4% from 2016 to 2017, but have since grown strongly, especially from 2020 onward. In 2022, sales reached a peak of NOK 398 million, before declining slightly in 2023. EBITDA margins have varied between 1% and 7%, with Vestby pharmacies generally at lower levels than Son pharmacies.
Companies in the pharmacy industry in Vestby
The following companies are registered in the pharmacy industry in Vestby:
| Company | Address | Number of employees | Organisation form | Sales (2025) |
|---|---|---|---|---|
| Farmasiet As Avd Vestby | Torvuttaket 26, Vestby | 102 | AS | NOK 758.4 million |
| Apoteket I Son As | Kolåsveien 4, Son | 28 | AS | NOK 49.8 million |
| Apotek 1 Vestby Storsenter | Senterveien 8, Vestby | 24 | AS | NOK 58.0 million |
| Boots Apotek Vestby | Sentrumsveien 7, Vestby | 5 | AS | NOK 20.0 million |
All companies have AS as their organisation form. Farmasiet As Avd Vestby is the largest company with 102 employees, while Boots Apotek Vestby is the smallest with 5 employees. Sales vary significantly between companies, with Farmasiet As Avd Vestby being the most revenue-generating.
Distribution of pharmacy operations in Vestby and Son
The pharmacy industry in Vestby is divided into two main areas:
- Vestby: 3 companies, 131 employees, sales of NOK 836.4 million, EBITDA of NOK 12.3 million. Vestby pharmacies have higher sales, but lower EBITDA margins compared to Son.
- Son: 1 company, 28 employees, sales of NOK 49.8 million, EBITDA of NOK 2.0 million. The Son pharmacy has higher EBITDA margins (4%) and better operational results.
Vestby is the main geographical center for the industry, with more companies and higher total sales. Son, however, has better financial results per company.
Operational efficiency and financial stability
Within the pharmacy industry in Vestby, there are no bankruptcy registrations among the reported companies. Financial data show that all companies are in operation, but with varying financial health:
- Farmasiet As Avd Vestby: High total debt (NOK 240.1 million) and negative equity (NOK -18.7 million).
- Apoteket I Son As: Low total debt (NOK 8.2 million) and positive equity (NOK 120,000).
- Apotek 1 Vestby Storsenter: Low total debt (NOK 19.3 million) and positive equity (NOK 1.9 million).
- Boots Apotek Vestby: Low total debt (NOK 4.7 million) and positive equity (NOK 3.5 million).
Most companies have high debt levels, but none have registered bankruptcy. This indicates that the industry has stable operations, even though some companies face financial challenges.
Outlook for future development
Outlooks for the pharmacy industry in Vestby show potential for further growth, especially with high sales growth figures in recent years. From 2020 to 2025, sales have increased by 695%, and the number of employees has increased by 179%. This indicates strong establishment of pharmacy operations in the municipality. For entrepreneurs, this could be a good opportunity, especially with high sales growth figures and establishment of more companies. However, it is important to be aware of the variations in financial health among companies, and to assess the location in Vestby or Son based on local conditions. SmartGrunder can help entrepreneurs find suitable addresses in Vestby for pharmacy operations, based on nature and development trends.
Conclusion
The pharmacy industry in Vestby shows clear signs of growth and establishment, with four companies and 123 employees in 2025. Sales have increased strongly since 2020, and there are no bankruptcy registrations among the reported companies. Vestby is the main geographical center, with more companies and higher sales than Son. Outlooks for the future show potential for further growth, especially with high sales growth figures and establishment of more companies. Entrepreneurs should consider opportunities in Vestby, with attention to local conditions and financial stability.