NACE 86.950

Margins and profitability in physiotherapy activities

461 Norwegian companies in this industry. The median operating margin was 6.1 %, meaning what was left of revenue once every cost had been paid.

21 % of the companies in this industry posted a negative operating result that year.

In kroner

Revenue and operating profit

Revenue and operating profit
Median companyTop third
RevenueNOK 2,033,801NOK 2,122,594
Operating profitNOK 126,867NOK 528,049

Median, not mean. A mean would be pulled up by the largest companies in the industry, and would say little about a typical one.

The distribution

What companies in the industry earned

One tenth of companies fell below -4.1 %, and one tenth above 28.0 %. That is the real spread in the industry, not an average.

Top against weakest third

Top third
22.0 %
Weakest third
-1.3 %
Spread
23 percentage points
Equity ratio
47.6 %median of 460

Size

Profitability by size

Profitability by size
RevenueCompaniesMedian operating margin
1 to 5 m4436.0 %
5 to 20 m146.2 %

Companies are split into revenue bands, with the median margin in each. Bands with fewer than ten companies are omitted, because the median becomes too unstable to show.

Geography

Where the companies are based

Where the companies are based
Oslo51
Trondheim16
Bodø12
Kristiansand S9
Sandnes8
Bergen8

The six postal towns with the most companies in this industry, by registered business address.

Public contracts

Who in the industry wins public contracts

1 of 461 companies in the industry have won at least one public contract since 2022, that is 0.2 %.

Only 1 companies in the industry have won a public contract since 2022. That is too few for us to say how large they are compared with the rest.

Who puts them out to tender

The 1 contracts we find come most often from these buyers.

Who puts them out to tender
Departementenes sikkerhets- og serviceorganisasjon1

Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.

Questions and answers

Common questions about physiotherapy activities

What is a normal operating margin in physiotherapy activities?
The median operating margin was 6.1 %, meaning what was left of revenue once every cost had been paid. Half of the 461 companies in the sample were above it, and half below.
What separates the best from the weakest in physiotherapy activities?
The top third had an operating margin of 22.0 %, against -1.3 % for the weakest. The spread is 23 percentage points, within the same industry, the same country and the same year.
How many companies are there in physiotherapy activities in Norway?
We hold filed accounts for 461 Norwegian companies on this industry code with at least one million kroner in revenue. The real number is higher, since dormant and very small companies are excluded.
How many are loss-making in physiotherapy activities?
21 % of the companies in the sample posted a negative operating result.
How large is a typical company in physiotherapy activities?
Median revenue is NOK 2m. Half of the companies fall between NOK 1.6m and NOK 2.7m.
How much do public contracts matter in physiotherapy activities?
We find almost no public contracts in this industry since 2022, so public procurement appears to play little role here.

Next

Related industries

Other industries in the same group

Method. 461 companies registered on industry code 86.950 (Physiotherapy activities) with filed accounts and at least one million kroner in revenue. The figures come from the Norwegian Register of Business Enterprises and are public. Operating margin is operating profit divided by operating revenue.

All figures are from the 2025 accounts as filed with the Brønnøysund Register Centre. The year comes from the accounting period, not from the filing date, so every company appears with the year its figures actually cover.

We show one cross-section and no trend line. Our database has broad coverage for 2024 and 2025, but only a small and non-random sample for the years before. A curve over a longer period would therefore measure who we happened to collect, not what happened in the industry.

Companies with under one million in revenue are excluded, because dormant limited companies would otherwise pull the median down. We do not publish an industry page until we hold at least 30 companies.

This is a description of an industry, not a ranking of companies. We name no individual company here.

461 companies · Brønnøysund Register Centre · Open tenders in this industry