Sector

18,403 companies ranked against comparable companies in four Morning company classes. Fiscal year 2023. Source: Brønnøysund Register Centre. Methodology

Ranking · 2023 · Morning class Large

Morning class Large · 2023
#CompanyProfileScoreChangeFive years
1 BRYN BYGGKLIMA AS Leader 94 –
2 LYSTEKNIKK ELEKTROENTREPRENØR AS Leader 94 –
3 AKTIV BYGG AS Leader 91 –
4 INFRANORD NORGE AS Leader 90 –
5 TRANSTEMA NORGE AS Leader 86 –
6 STRAYE STÅLBYGG AS Leader 86 –
7 SARTOR & DRANGE AS Leader 84 –
8 BOLD TERN AS Leader 83 –
9 ALENTO AS Leader 79 –
10 TT ANLEGG ASsubsidiary of TERRENGTRANSPORT HOLDING AS Leader 79 –
11 ANLEGG ØST ENTREPRENØR AS Leader 78 –
12 NORDASFALT AS Steward 78 –
13 ALGECO NORWAY AS Leader 76 –
14 BMO ENTREPRENØR ASsubsidiary of ENDÚR ASA Leader 75 –
15 LEONHARD NILSEN & SØNNER AS Steward 75 –
16 NYE VEIER AS Leader 75 –
17 AF GRUPPEN ASA Leader 75 –
18 CONSTO BERGEN AS Leader 74 –
19 FABRITIUS GRUPPEN ASsubsidiary of GJELSTEN HOLDING AS Leader 73 –
20 HAB CONSTRUCTION AS Leader 73 –
21 OSLO BYGGENTREPRENØR AS Leader 73 –
22 CO2OLTEC COMMERCIAL REFRIGERATION NORWAY AS Leader 73 –
23 PEAB BYGG AS Leader 72 –
24 OVE SKÅR AS Leader 72 –
25 BRØDRENE ULVESETH AS Steward 72 –
26 MARTHINSEN & DUVHOLT AS Sprinter 72 –
27 FOLLOHUS AS Leader 72 –
28 JOHS J SYLTERN AS Leader 71 –
29 ENTREPRENØR HARALD NILSEN ASsubsidiary of HARALD NILSEN HOLDING AS Leader 71 –
30 STJERN ENTREPRENØR AS Steward 71 –
31 STENSETH & RS ENTREPRENØR AS Leader 71 –
32 RANDEM & HÜBERT AS Leader 69 –
33 HÅNDVERKSKOMPANIET AS Leader 69 –
34 N P BYGG AS Steward 68 –
35 ASSEMBLIN AS Leader 68 –
36 SPENNARMERING AS Steward 67 –
37 PRESIS VEGDRIFT AS Sprinter 67 –
38 FRED. OLSEN WINDCARRIER OPERATIONS AS Leader 66 –
39 AF DECOM AS Leader 66 –
40 STRØM GUNDERSEN AS Sprinter 66 –
41 URBAN REUSE NORWAY AS Sprinter 65 –
42 KRAFTMONTASJE ASsubsidiary of KRAFTMONTASJE HOLDING AS Leader 64 –
43 STANGELAND MASKIN ASsubsidiary of STANGELAND HOLDING AS Leader 64 –
44 RISA AS Leader 63 –
45 STØ ENTREPRENØR AS Sprinter 62 –
46 JM NORGE AS Steward 61 –
47 AF ELKRAFT AS Steward 61 –
48 NORDIC CRANE AS Leader 61 –
49 FABER BYGG AS Steward 59 –
50 LEIF GRIMSRUD AS Leader 59 –

The rank is the rank in the class. A class with fewer than ten companies is compared with the whole sector. Full ranking · Press mode

Biggest moves · Morning class Large

Climbers and fallers need at least two fiscal years with a score. Coming when next year's figures are fetched.

Top lists in the sector · 2023 · Morning class Large

The five largest companies account for 25% of the sector's revenue. Combined profit before tax for the 144 ranked companies: 9,119 MNOK.

Highest revenue

  1. VEIDEKKE ENTREPRENØR ASsubsidiary of Veidekke ASA 15,675 MNOK
  2. SKANSKA NORGE AS 12,887 MNOK
  3. HENT AS 9,466 MNOK
  4. NYE VEIER AS 8,503 MNOK
  5. AF GRUPPEN NORGE ASsubsidiary of AF GRUPPEN ASA 7,565 MNOK

Operating revenue.

Highest operating margin

  1. AF GRUPPEN ASA 95.4%
  2. FABRITIUS GRUPPEN ASsubsidiary of GJELSTEN HOLDING AS 85.4%
  3. BOLD TERN AS 64.6%
  4. OSLO BYGGENTREPRENØR AS 18.4%
  5. MARTHINSEN & DUVHOLT AS 15.3%

Operating result divided by operating revenue.

Largest profit

  1. SKANSKA NORGE AS 745 MNOK
  2. HENT AS 633 MNOK
  3. NYE VEIER AS 621 MNOK
  4. AF GRUPPEN NORGE ASsubsidiary of AF GRUPPEN ASA 610 MNOK
  5. AF GRUPPEN ASA 566 MNOK

Profit before tax.

Largest loss

  1. SEAWAY ALFA LIFT AS −816 MNOK
  2. DESIGNER GROUP NORWAY AS −202 MNOK
  3. BUNDEBYGG AS −138 MNOK
  4. ONECO ELEKTRO AS −127 MNOK
  5. NCC NORGE AS −122 MNOK

Profit before tax, the largest negative.

Most solid

  1. BOLD TERN AS 72.1%
  2. BRØDRENE ULVESETH AS 62.6%
  3. ALGECO NORWAY AS 54.9%
  4. LYSTEKNIKK ELEKTROENTREPRENØR AS 50.6%
  5. BRYN BYGGKLIMA AS 45.6%

Equity ratio: equity divided by total assets.

Fastest growth

No company meets the requirement this year.

Revenue growth from the year before, only from at least NOK 10 million in revenue.

Largest revenue decline

No company meets the requirement this year.

Revenue decline from the year before, only from at least NOK 10 million in revenue.

Biggest climbers

Requires an index for two financial years.

Change in index points from the year before.

Biggest fallers

Requires an index for two financial years.

Change in index points from the year before.

Most employees

  1. BRAVIDA NORGE AS 3,375
  2. VEIDEKKE ENTREPRENØR ASsubsidiary of Veidekke ASA 2,925
  3. SKANSKA NORGE AS 2,918
  4. GK NORGE ASsubsidiary of GK GRUPPEN AS 1,845
  5. CAVERION NORGE AS 1,821

Employees according to the Central Coordinating Register.

Highest revenue per employee

  1. A BYGG ENTREPRENØR AS 46.4 MNOK
  2. VEIDEKKE LOGISTIKKBYGG AS 44.9 MNOK
  3. NYE VEIER AS 44.8 MNOK
  4. FABRITIUS GRUPPEN ASsubsidiary of GJELSTEN HOLDING AS 36.4 MNOK
  5. CTS NORDICS AS 29.5 MNOK

Only companies with at least 5 employees.

The lists cover ranked companies in the class: operating companies with at least NOK 1m in revenue, without holding companies and excluded ones. Size lists (revenue, profit, employees) count each group once. Source: Brønnøysund Register Centre. Amounts in other currencies are converted at Norges Bank's rates.

Quadrant analysis

Positions in the sector · 2023 · Morning class Large

Each company is placed by profitability and solidity, measured as a place from 0 to 100 against the others in the same sector and Morning company class. The bubble shows revenue. Hover over or tap a bubble for the figures, filter by profile or search for a company.

VEIDEKKE ENTREPRENØR AS: 37 / 42SKANSKA NORGE AS: 34 / 55HENT AS: 70 / 44NYE VEIER AS: 59 / 93AF GRUPPEN NORGE AS: 56 / 37CTS NORDICS AS: 79 / 1MESTA AS: 40 / 87BRAVIDA NORGE AS: 54 / 46GK NORGE AS: 24 / 57CAVERION NORGE AS: 59 / 41NCC NORGE AS: 16 / 44IMPLENIA NORGE AS: 50 / 73HÆHRE ENTREPRENØR AS: 45 / 48JM NORGE AS: 32 / 71VASSBAKK & STOL AS: 74 / 58VEDAL ENTREPRENØR AS: 74 / 29PRESIS VEGDRIFT AS: 97 / 35RISA AS: 55 / 73STANGELAND MASKIN AS: 64 / 60LEONHARD NILSEN & SØNNER AS: 48 / 96BANESERVICE AS: 44 / 46RECOVER AS: 43 / 18ONECO NETWORKS AS: 49 / 28DESIGNER GROUP NORWAY AS: 6 / 0SOTRA LINK AS: 22 / 2MARTHINSEN & DUVHOLT AS: 98 / 33BACKE ROGALAND AS: 11 / 11FRED. OLSEN WINDCARRIER OPERATIONS AS: 66 / 54PEAB BYGG AS: 56 / 85ONECO ELEKTRO AS: 5 / 32ELTEL NETWORKS AS: 7 / 70ASSEMBLIN AS: 79 / 57SEAWAY ALFA LIFT AS: 2 / 12POB ENTREPRENØR AS: 82 / 6NRC NORGE AS: 15 / 79OCAB AS: 69 / 17SELTOR AS: 16 / 9RUTA ENTREPRENØR AS: 22 / 11VELDE ASFALT AS: 9 / 2A BYGG ENTREPRENØR AS: 66 / 26CONTUR AS: 76 / 19LAB ENTREPRENØR AS: 46 / 20SOLID ENTREPRENØR AS: 24 / 42CONSTRUCTION CITY BYGG AS: 77 / 25ISACHSEN ANLEGG AS: 42 / 38TOTAL BETONG AS: 68 / 65ECONOR AS: 10 / 20NETTPARTNER AS: 5 / 86SARTOR & DRANGE AS: 78 / 84ØMF ROMERIKE KONGSVINGER AS: 63 / 27ALGECO NORWAY AS: 94 / 99HAB CONSTRUCTION AS: 61 / 76JI BYGG AS: 48 / 37VEIDEKKE LOGISTIKKBYGG AS: 71 / 35BRG ENTREPRENØR AS: 81 / 22BACKE STOR-OSLO AS: 25 / 31ØMF ASKER RINGERIKE AS: 32 / 16BUNDEBYGG AS: 1 / 51ENERGIMA AS: 87 / 29PARK & ANLEGG AS: 33 / 64TT ANLEGG AS: 54 / 92TRAFTEC AS: 10 / 53FIRESAFE AS: 24 / 33INFRATEK NORGE AS: 16 / 78ALENTO AS: 74 / 75INFRANORD NORGE AS: 96 / 86SYLJUÅSEN AS: 86 / 15HÅNDVERKSKOMPANIET AS: 73 / 61ENTREPRENØRSERVICE AS: 51 / 67BACKE ROMERIKE AS: 61 / 47NETEL AS: 42 / 9LEIF GRIMSRUD AS: 75 / 77PEAB ANLEGG AS: 11 / 77KONE AKSJESELSKAP: 55 / 8SVEVIA NORGE AS: 12 / 62KRAFTMONTASJE AS: 58 / 59WK ENTREPRENØR AS: 5 / 10CHRISTIE NORDANG AS: 58 / 14OVE SKÅR AS: 59 / 75LAJE AS: 12 / 53NORDBY MASKIN AS: 34 / 49HELGESEN TEKNISKE BYGG AS: 61 / 13BRYN BYGGKLIMA AS: 89 / 97TRYSILBYGG AS: 8 / 68ÅSEN & ØVRELID AS: 60 / 26URBAN REUSE NORWAY AS: 86 / 43ANLEGG ØST ENTREPRENØR AS: 88 / 70MUR I SØR AS: 68 / 18SVALINN AS: 69 / 23BETONMAST BUSKERUD-VESTFOLD AS: 35 / 3AF DECOM AS: 61 / 72MASIV BYGG AS: 30 / 95BICO BYGG OG INNREDNING AS: 56 / 45STS-ISONOR AS: 30 / 40N P BYGG AS: 34 / 84STØ ENTREPRENØR AS: 73 / 39KELLER GEOTEKNIKK AS: 1 / 0OSLO BYGGENTREPRENØR AS: 99 / 63SEBY AS: 77 / 7JOHS J SYLTERN AS: 59 / 97BLUE TERN OPERATIONS AS: 26 / 36NORDASFALT AS: 50 / 90JÆRENTREPRENØR AS: 42 / 69NSE INDUSTRIER AS: 87 / 5GRANDE ENTREPRENØR AS: 31 / 40HYWER AS: 16 / 81SØBSTAD AS: 34 / 50BACKE ØSTFOLD AS: 17 / 34ENTREPRENØR HARALD NILSEN AS: 84 / 55FOLLOHUS AS: 72 / 74CRANE NORWAY VEST AS: 86 / 30LYSTEKNIKK ELEKTROENTREPRENØR AS: 87 / 98METROSTAV NORGE AS: 37 / 24GL PROSJEKTSERVICE AS: 19 / 15AF GRUPPEN ASA: 87 / 95OTERA INFRA AS: 10 / 24STRAYE STÅLBYGG AS: 92 / 79AARSLEFF RAIL AS: 38 / 59GEO FUNDAMENTERING & BERGBORING AS: 45 / 66CONSTO BERGEN AS: 73 / 64NORDIC CRANE AS: 66 / 52SPENNARMERING AS: 42 / 88STJERN ENTREPRENØR AS: 45 / 90SEAWAY 7 MANAGEMENT AS: 81 / 13AF ELKRAFT AS: 40 / 82BACKE TRONDHEIM AS: 3 / 21CO2OLTEC COMMERCIAL REFRIGERATION NORWAY AS: 51 / 94TRANSTEMA NORGE AS: 77 / 91FABER BYGG AS: 49 / 51ØMF ØSTFOLD AS: 0 / 0FABRITIUS GRUPPEN AS: 83 / 92KJELDAAS AS: 26 / 62BMO ENTREPRENØR AS: 94 / 80AKTIV BYGG AS: 92 / 89LARS JØNSSON AS: 19 / 68BETONMAST INNLANDET AS: 32 / 4ASSA ABLOY ENTRANCE SYSTEMS NORWAY AS: 63 / 66BRØDRENE ULVESETH AS: 24 / 99RANDEM & HÜBERT AS: 58 / 81ÅSANE BYGGMESTERFORRETNING AS: 88 / 22PROTAN ENTREPRENØR AS: 27 / 88SORTLAND ENTREPRENØR AS: 82 / 4BOLD TERN AS: 95 / 100STENSETH & RS ENTREPRENØR AS: 87 / 56FUNDAMENTERING AS: 20 / 7CONSOLVO AS: 20 / 83STRØM GUNDERSEN AS: 95 / 48BACKE SØR AS: 4 / 3100252550507575100100Solidity, percentile against peers →↑ Profitability, percentile against peers
VEIDEKKE ENTREPRENØR AS: 37 / 42SKANSKA NORGE AS: 34 / 55HENT AS: 70 / 44NYE VEIER AS: 59 / 93AF GRUPPEN NORGE AS: 56 / 37CTS NORDICS AS: 79 / 1MESTA AS: 40 / 87BRAVIDA NORGE AS: 54 / 46GK NORGE AS: 24 / 57CAVERION NORGE AS: 59 / 41NCC NORGE AS: 16 / 44IMPLENIA NORGE AS: 50 / 73HÆHRE ENTREPRENØR AS: 45 / 48JM NORGE AS: 32 / 71VASSBAKK & STOL AS: 74 / 58VEDAL ENTREPRENØR AS: 74 / 29PRESIS VEGDRIFT AS: 97 / 35RISA AS: 55 / 73STANGELAND MASKIN AS: 64 / 60LEONHARD NILSEN & SØNNER AS: 48 / 96BANESERVICE AS: 44 / 46RECOVER AS: 43 / 18ONECO NETWORKS AS: 49 / 28DESIGNER GROUP NORWAY AS: 6 / 0SOTRA LINK AS: 22 / 2MARTHINSEN & DUVHOLT AS: 98 / 33BACKE ROGALAND AS: 11 / 11FRED. OLSEN WINDCARRIER OPERATIONS AS: 66 / 54PEAB BYGG AS: 56 / 85ONECO ELEKTRO AS: 5 / 32ELTEL NETWORKS AS: 7 / 70ASSEMBLIN AS: 79 / 57SEAWAY ALFA LIFT AS: 2 / 12POB ENTREPRENØR AS: 82 / 6NRC NORGE AS: 15 / 79OCAB AS: 69 / 17SELTOR AS: 16 / 9RUTA ENTREPRENØR AS: 22 / 11VELDE ASFALT AS: 9 / 2A BYGG ENTREPRENØR AS: 66 / 26CONTUR AS: 76 / 19LAB ENTREPRENØR AS: 46 / 20SOLID ENTREPRENØR AS: 24 / 42CONSTRUCTION CITY BYGG AS: 77 / 25ISACHSEN ANLEGG AS: 42 / 38TOTAL BETONG AS: 68 / 65ECONOR AS: 10 / 20NETTPARTNER AS: 5 / 86SARTOR & DRANGE AS: 78 / 84ØMF ROMERIKE KONGSVINGER AS: 63 / 27ALGECO NORWAY AS: 94 / 99HAB CONSTRUCTION AS: 61 / 76JI BYGG AS: 48 / 37VEIDEKKE LOGISTIKKBYGG AS: 71 / 35BRG ENTREPRENØR AS: 81 / 22BACKE STOR-OSLO AS: 25 / 31ØMF ASKER RINGERIKE AS: 32 / 16BUNDEBYGG AS: 1 / 51ENERGIMA AS: 87 / 29PARK & ANLEGG AS: 33 / 64TT ANLEGG AS: 54 / 92TRAFTEC AS: 10 / 53FIRESAFE AS: 24 / 33INFRATEK NORGE AS: 16 / 78ALENTO AS: 74 / 75INFRANORD NORGE AS: 96 / 86SYLJUÅSEN AS: 86 / 15HÅNDVERKSKOMPANIET AS: 73 / 61ENTREPRENØRSERVICE AS: 51 / 67BACKE ROMERIKE AS: 61 / 47NETEL AS: 42 / 9LEIF GRIMSRUD AS: 75 / 77PEAB ANLEGG AS: 11 / 77KONE AKSJESELSKAP: 55 / 8SVEVIA NORGE AS: 12 / 62KRAFTMONTASJE AS: 58 / 59WK ENTREPRENØR AS: 5 / 10CHRISTIE NORDANG AS: 58 / 14OVE SKÅR AS: 59 / 75LAJE AS: 12 / 53NORDBY MASKIN AS: 34 / 49HELGESEN TEKNISKE BYGG AS: 61 / 13BRYN BYGGKLIMA AS: 89 / 97TRYSILBYGG AS: 8 / 68ÅSEN & ØVRELID AS: 60 / 26URBAN REUSE NORWAY AS: 86 / 43ANLEGG ØST ENTREPRENØR AS: 88 / 70MUR I SØR AS: 68 / 18SVALINN AS: 69 / 23BETONMAST BUSKERUD-VESTFOLD AS: 35 / 3AF DECOM AS: 61 / 72MASIV BYGG AS: 30 / 95BICO BYGG OG INNREDNING AS: 56 / 45STS-ISONOR AS: 30 / 40N P BYGG AS: 34 / 84STØ ENTREPRENØR AS: 73 / 39KELLER GEOTEKNIKK AS: 1 / 0OSLO BYGGENTREPRENØR AS: 99 / 63SEBY AS: 77 / 7JOHS J SYLTERN AS: 59 / 97BLUE TERN OPERATIONS AS: 26 / 36NORDASFALT AS: 50 / 90JÆRENTREPRENØR AS: 42 / 69NSE INDUSTRIER AS: 87 / 5GRANDE ENTREPRENØR AS: 31 / 40HYWER AS: 16 / 81SØBSTAD AS: 34 / 50BACKE ØSTFOLD AS: 17 / 34ENTREPRENØR HARALD NILSEN AS: 84 / 55FOLLOHUS AS: 72 / 74CRANE NORWAY VEST AS: 86 / 30LYSTEKNIKK ELEKTROENTREPRENØR AS: 87 / 98METROSTAV NORGE AS: 37 / 24GL PROSJEKTSERVICE AS: 19 / 15AF GRUPPEN ASA: 87 / 95OTERA INFRA AS: 10 / 24STRAYE STÅLBYGG AS: 92 / 79AARSLEFF RAIL AS: 38 / 59GEO FUNDAMENTERING & BERGBORING AS: 45 / 66CONSTO BERGEN AS: 73 / 64NORDIC CRANE AS: 66 / 52SPENNARMERING AS: 42 / 88STJERN ENTREPRENØR AS: 45 / 90SEAWAY 7 MANAGEMENT AS: 81 / 13AF ELKRAFT AS: 40 / 82BACKE TRONDHEIM AS: 3 / 21CO2OLTEC COMMERCIAL REFRIGERATION NORWAY AS: 51 / 94TRANSTEMA NORGE AS: 77 / 91FABER BYGG AS: 49 / 51ØMF ØSTFOLD AS: 0 / 0FABRITIUS GRUPPEN AS: 83 / 92KJELDAAS AS: 26 / 62BMO ENTREPRENØR AS: 94 / 80AKTIV BYGG AS: 92 / 89LARS JØNSSON AS: 19 / 68BETONMAST INNLANDET AS: 32 / 4ASSA ABLOY ENTRANCE SYSTEMS NORWAY AS: 63 / 66BRØDRENE ULVESETH AS: 24 / 99RANDEM & HÜBERT AS: 58 / 81ÅSANE BYGGMESTERFORRETNING AS: 88 / 22PROTAN ENTREPRENØR AS: 27 / 88SORTLAND ENTREPRENØR AS: 82 / 4BOLD TERN AS: 95 / 100STENSETH & RS ENTREPRENØR AS: 87 / 56FUNDAMENTERING AS: 20 / 7CONSOLVO AS: 20 / 83STRØM GUNDERSEN AS: 95 / 48BACKE SØR AS: 4 / 3100252550507575100100Solidity, percentile against peers →↑ Profitability, percentile against peers

Bubble size shows relative revenue, not exact figures.

  • Lion · LeaderHigh profitability, high solidity
  • Cheetah · SprinterHigh profitability, lower solidity
  • Elephant · StewardLower profitability, high solidity
  • Beaver · BuilderLower profitability, lower solidity
Show the positions as a list
CompanyProfileProfitabilitySolidityIn 2022 (profitability / solidity)
OSLO BYGGENTREPRENØR ASLion9963–
MARTHINSEN & DUVHOLT ASCheetah9833–
PRESIS VEGDRIFT ASCheetah9735–
INFRANORD NORGE ASLion9686–
BOLD TERN ASLion95100–
STRØM GUNDERSEN ASCheetah9548–
ALGECO NORWAY ASLion9499–
BMO ENTREPRENØR ASLion9480–
AKTIV BYGG ASLion9289–
STRAYE STÅLBYGG ASLion9279–
BRYN BYGGKLIMA ASLion8997–
ÅSANE BYGGMESTERFORRETNING ASCheetah8822–
ANLEGG ØST ENTREPRENØR ASLion8870–
LYSTEKNIKK ELEKTROENTREPRENØR ASLion8798–
AF GRUPPEN ASALion8795–
STENSETH & RS ENTREPRENØR ASLion8756–
NSE INDUSTRIER ASCheetah875–
ENERGIMA ASCheetah8729–
URBAN REUSE NORWAY ASCheetah8643–
SYLJUÅSEN ASCheetah8615–
CRANE NORWAY VEST ASCheetah8630–
ENTREPRENØR HARALD NILSEN ASLion8455–
FABRITIUS GRUPPEN ASLion8392–
SORTLAND ENTREPRENØR ASCheetah824–
POB ENTREPRENØR ASCheetah826–
SEAWAY 7 MANAGEMENT ASCheetah8113–
BRG ENTREPRENØR ASCheetah8122–
CTS NORDICS ASCheetah791–
ASSEMBLIN ASLion7957–
SARTOR & DRANGE ASLion7884–
SEBY ASCheetah777–
TRANSTEMA NORGE ASLion7791–
CONSTRUCTION CITY BYGG ASCheetah7725–
CONTUR ASCheetah7619–
LEIF GRIMSRUD ASLion7577–
ALENTO ASLion7475–
VEDAL ENTREPRENØR ASCheetah7429–
VASSBAKK & STOL ASLion7458–
CONSTO BERGEN ASLion7364–
STØ ENTREPRENØR ASCheetah7339–
HÅNDVERKSKOMPANIET ASLion7361–
FOLLOHUS ASLion7274–
VEIDEKKE LOGISTIKKBYGG ASCheetah7135–
HENT ASCheetah7044–
SVALINN ASCheetah6923–
OCAB ASCheetah6917–
MUR I SØR ASCheetah6818–
TOTAL BETONG ASLion6865–
NORDIC CRANE ASLion6652–
A BYGG ENTREPRENØR ASCheetah6626–
The sector in numbers

Summary · fiscal year 2023 · Morning class Large

The sector's median operating margin is 3.7%. 3 of 152 companies have negative equity. The median equity ratio is 22.7%.

Companies with accounts152
Total revenue (excluding 1 in another currency)220,500 MNOK
Median operating margin3.7%
Median equity ratio22.7%
Share with a loss18%
Share with negative equity2%

All figures are for fiscal year 2023. Ranked: 148 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index

The total counts each group once: 3 subsidiaries (3,865 MNOK in revenue) are left out of totals and size lists because their parent in the sector has at least as much revenue, so their sales can run through the parent. They are ranked as usual. Methodology

  • Growth is not included in the index: it needs the previous year's accounts.
  • 1 company reports in another currency without an exchange rate for 2023. Its amounts are left out of totals and size lists.
  • 5 companies report in another currency. Their revenue is converted at the mean rate for the accounting period and makes up 3% of the total.

Climbers and fallers · Morning class Large

Climbers need at least two fiscal years. They appear once next year's accounts are fetched or history is imported.

Awards · 2023 · Morning class Large

Most profitableAF GRUPPEN ASA95.4%
Strongest balance sheetBOLD TERN AS72.1%
Largest revenueVEIDEKKE ENTREPRENØR AS15,675 MNOK
Highest revenue per employeeA BYGG ENTREPRENØR AS46.4 MNOK

Needs attention · 2023 · Morning class Large

52 companies show at least one warning sign. Showing the 15 most important.

Sector map · 2023 · Morning class Large

Profitability against solidity for the ranked companies. Size shows revenue. Coral triangle: negative equity. Click to open the company. Outliers are placed on the edge.

−5%0%5%10%0%10%20%30%40%Operating margin (profitability) →Equity ratio (solidity) →VEIDEKKE ENTREPRENØR AS: operating margin 2.0%, equity ratio 20.7%, rank 93SKANSKA NORGE AS: operating margin 2.2%, equity ratio 24.0%, rank 89HENT AS: operating margin 5.7%, equity ratio 21.6%, rank 56NYE VEIER AS: operating margin 5.5%, equity ratio 38.6%, rank 16AF GRUPPEN NORGE AS: operating margin 6.5%, equity ratio 20.1%, rank 88CTS NORDICS AS: operating margin 5.5%, equity ratio 0.1%, rank 112MESTA AS: operating margin 2.9%, equity ratio 35.0%, rank 55BRAVIDA NORGE AS: operating margin 4.5%, equity ratio 22.0%, rank 59GK NORGE AS: operating margin 1.1%, equity ratio 24.1%, rank 87CAVERION NORGE AS: operating margin 4.5%, equity ratio 20.6%, rank 75NCC NORGE AS: operating margin −1.4%, equity ratio 21.5%, rank 113IMPLENIA NORGE AS: operating margin 4.3%, equity ratio 28.5%, rank 97HÆHRE ENTREPRENØR AS: operating margin 2.3%, equity ratio 22.5%, rank 102JM NORGE AS: operating margin 3.0%, equity ratio 28.0%, rank 46VASSBAKK & STOL AS: operating margin 6.2%, equity ratio 24.7%, rank 51VEDAL ENTREPRENØR AS: operating margin 5.5%, equity ratio 18.7%, rank 58PRESIS VEGDRIFT AS: operating margin 13.8%, equity ratio 20.0%, rank 37RISA AS: operating margin 4.2%, equity ratio 28.4%, rank 44STANGELAND MASKIN AS: operating margin 5.3%, equity ratio 24.9%, rank 43LEONHARD NILSEN & SØNNER AS: operating margin 3.3%, equity ratio 42.1%, rank 15BANESERVICE AS: operating margin 3.6%, equity ratio 21.7%, rank 105RECOVER AS: operating margin 2.4%, equity ratio 15.6%, rank 123ONECO NETWORKS AS: operating margin 3.1%, equity ratio 18.0%, rank 111DESIGNER GROUP NORWAY AS: operating margin −11.4%, equity ratio −4.2%, rank 145SOTRA LINK AS: operating margin 0.0%, equity ratio 2.9%, rank 120MARTHINSEN & DUVHOLT AS: operating margin 15.3%, equity ratio 19.7%, rank 26BACKE ROGALAND AS: operating margin −3.0%, equity ratio 12.3%, rank 141FRED. OLSEN WINDCARRIER OPERATIONS AS: operating margin 5.5%, equity ratio 23.8%, rank 38PEAB BYGG AS: operating margin −1.2%, equity ratio 33.6%, rank 23ONECO ELEKTRO AS: operating margin −8.0%, equity ratio 19.3%, rank 133ELTEL NETWORKS AS: operating margin −4.4%, equity ratio 27.7%, rank 110ASSEMBLIN AS: operating margin 8.8%, equity ratio 24.6%, rank 35SEAWAY ALFA LIFT AS: operating margin −39.6%, equity ratio 12.6%, rank 146POB ENTREPRENØR AS: operating margin 6.3%, equity ratio 8.9%, rank 91NRC NORGE AS: operating margin −1.4%, equity ratio 31.3%, rank 85OCAB AS: operating margin 5.5%, equity ratio 15.6%, rank 100SELTOR AS: operating margin −1.0%, equity ratio 10.5%, rank 138RUTA ENTREPRENØR AS: operating margin 1.2%, equity ratio 11.6%, rank 132VELDE ASFALT AS: operating margin −2.1%, equity ratio 3.0%, rank 144A BYGG ENTREPRENØR AS: operating margin 4.3%, equity ratio 16.9%, rank 95CONTUR AS: operating margin 5.6%, equity ratio 15.7%, rank 104LAB ENTREPRENØR AS: operating margin 3.0%, equity ratio 15.7%, rank 124SOLID ENTREPRENØR AS: operating margin 1.2%, equity ratio 21.1%, rank 109CONSTRUCTION CITY BYGG AS: operating margin 7.0%, equity ratio 16.8%, rank 53ISACHSEN ANLEGG AS: operating margin 2.8%, equity ratio 20.1%, rank 108TOTAL BETONG AS: operating margin 5.1%, equity ratio 26.3%, rank 80ECONOR AS: operating margin −2.4%, equity ratio 15.8%, rank 131NETTPARTNER AS: operating margin −8.7%, equity ratio 33.8%, rank 122SARTOR & DRANGE AS: operating margin 9.4%, equity ratio 33.5%, rank 7ØMF ROMERIKE KONGSVINGER AS: operating margin 3.8%, equity ratio 17.7%, rank 74ALGECO NORWAY AS: operating margin 13.5%, equity ratio 54.9%, rank 13HAB CONSTRUCTION AS: operating margin 4.7%, equity ratio 29.5%, rank 20JI BYGG AS: operating margin 3.6%, equity ratio 20.0%, rank 86VEIDEKKE LOGISTIKKBYGG AS: operating margin 4.6%, equity ratio 20.0%, rank 57BRG ENTREPRENØR AS: operating margin 6.7%, equity ratio 16.1%, rank 73BACKE STOR-OSLO AS: operating margin 1.2%, equity ratio 19.2%, rank 114ØMF ASKER RINGERIKE AS: operating margin 1.2%, equity ratio 15.5%, rank 115BUNDEBYGG AS: operating margin −14.0%, equity ratio 23.0%, rank 134ENERGIMA AS: operating margin 7.4%, equity ratio 18.3%, rank 69PARK & ANLEGG AS: operating margin 2.6%, equity ratio 26.1%, rank 72TT ANLEGG AS: operating margin 5.1%, equity ratio 38.1%, rank 10TRAFTEC AS: operating margin −3.6%, equity ratio 23.3%, rank 128FIRESAFE AS: operating margin 1.2%, equity ratio 19.4%, rank 135INFRATEK NORGE AS: operating margin −1.1%, equity ratio 30.3%, rank 116ALENTO AS: operating margin 4.5%, equity ratio 29.2%, rank 9INFRANORD NORGE AS: operating margin 14.0%, equity ratio 33.7%, rank 4SYLJUÅSEN AS: operating margin 7.3%, equity ratio 15.3%, rank 71HÅNDVERKSKOMPANIET AS: operating margin 5.3%, equity ratio 25.5%, rank 33ENTREPRENØRSERVICE AS: operating margin 4.8%, equity ratio 26.6%, rank 64BACKE ROMERIKE AS: operating margin 4.1%, equity ratio 22.2%, rank 62NETEL AS: operating margin 0.0%, equity ratio 10.1%, rank 121LEIF GRIMSRUD AS: operating margin 6.2%, equity ratio 29.7%, rank 50PEAB ANLEGG AS: operating margin −5.4%, equity ratio 29.9%, rank 70KONE AKSJESELSKAP: operating margin 4.9%, equity ratio 10.0%, rank 119SVEVIA NORGE AS: operating margin −1.8%, equity ratio 25.5%, rank 129KRAFTMONTASJE AS: operating margin 3.8%, equity ratio 24.8%, rank 42WK ENTREPRENØR AS: operating margin −8.1%, equity ratio 10.6%, rank 139CHRISTIE NORDANG AS: operating margin 4.2%, equity ratio 15.2%, rank 98OVE SKÅR AS: operating margin 4.5%, equity ratio 29.4%, rank 24LAJE AS: operating margin −1.8%, equity ratio 23.3%, rank 127NORDBY MASKIN AS: operating margin 2.7%, equity ratio 22.7%, rank 84HELGESEN TEKNISKE BYGG AS: operating margin 4.5%, equity ratio 12.7%, rank 94BRYN BYGGKLIMA AS: operating margin 8.3%, equity ratio 45.6%, rank 1TRYSILBYGG AS: operating margin −4.3%, equity ratio 26.8%, rank 106ÅSEN & ØVRELID AS: operating margin 4.6%, equity ratio 17.4%, rank 96URBAN REUSE NORWAY AS: operating margin 9.8%, equity ratio 21.3%, rank 41ANLEGG ØST ENTREPRENØR AS: operating margin 10.8%, equity ratio 27.4%, rank 11MUR I SØR AS: operating margin 9.8%, equity ratio 15.7%, rank 82SVALINN AS: operating margin 4.2%, equity ratio 16.5%, rank 90BETONMAST BUSKERUD-VESTFOLD AS: operating margin 2.0%, equity ratio 4.3%, rank 130AF DECOM AS: operating margin 4.6%, equity ratio 28.1%, rank 39MASIV BYGG AS: operating margin 1.2%, equity ratio 40.4%, rank 52BICO BYGG OG INNREDNING AS: operating margin 3.5%, equity ratio 21.6%, rank 67STS-ISONOR AS: operating margin 1.7%, equity ratio 20.4%, rank 118N P BYGG AS: operating margin 1.8%, equity ratio 33.6%, rank 34STØ ENTREPRENØR AS: operating margin 5.5%, equity ratio 20.3%, rank 45KELLER GEOTEKNIKK AS: operating margin −13.7%, equity ratio −11.6%, rank 147OSLO BYGGENTREPRENØR AS: operating margin 18.4%, equity ratio 26.1%, rank 21SEBY AS: operating margin 6.2%, equity ratio 9.8%, rank 92JOHS J SYLTERN AS: operating margin 6.4%, equity ratio 43.1%, rank 28BLUE TERN OPERATIONS AS: operating margin 0.4%, equity ratio 20.0%, rank 126NORDASFALT AS: operating margin 4.1%, equity ratio 37.2%, rank 12JÆRENTREPRENØR AS: operating margin 1.6%, equity ratio 26.9%, rank 65NSE INDUSTRIER AS: operating margin 7.2%, equity ratio 6.8%, rank 101GRANDE ENTREPRENØR AS: operating margin 1.5%, equity ratio 20.3%, rank 99HYWER AS: operating margin −1.2%, equity ratio 32.0%, rank 83SØBSTAD AS: operating margin 2.7%, equity ratio 22.8%, rank 68BACKE ØSTFOLD AS: operating margin −0.4%, equity ratio 19.8%, rank 103ENTREPRENØR HARALD NILSEN AS: operating margin 7.6%, equity ratio 24.0%, rank 29FOLLOHUS AS: operating margin 4.2%, equity ratio 28.5%, rank 27CRANE NORWAY VEST AS: operating margin 11.3%, equity ratio 18.9%, rank 78LYSTEKNIKK ELEKTROENTREPRENØR AS: operating margin 8.8%, equity ratio 50.6%, rank 2METROSTAV NORGE AS: operating margin 3.4%, equity ratio 16.7%, rank 117GL PROSJEKTSERVICE AS: operating margin −0.1%, equity ratio 15.4%, rank 125AF GRUPPEN ASA: operating margin 95.4%, equity ratio 40.7%, rank 17OTERA INFRA AS: operating margin −5.7%, equity ratio 16.7%, rank 142STRAYE STÅLBYGG AS: operating margin 8.6%, equity ratio 31.1%, rank 6AARSLEFF RAIL AS: operating margin 2.6%, equity ratio 24.8%, rank 66GEO FUNDAMENTERING & BERGBORING AS: operating margin 3.2%, equity ratio 26.6%, rank 76CONSTO BERGEN AS: operating margin 5.0%, equity ratio 26.2%, rank 18NORDIC CRANE AS: operating margin 9.8%, equity ratio 23.2%, rank 48SPENNARMERING AS: operating margin 3.0%, equity ratio 35.7%, rank 36STJERN ENTREPRENØR AS: operating margin 2.3%, equity ratio 37.0%, rank 30SEAWAY 7 MANAGEMENT AS: operating margin 11.8%, equity ratio 14.9%, rank 81AF ELKRAFT AS: operating margin 1.4%, equity ratio 32.9%, rank 47BACKE TRONDHEIM AS: operating margin −9.1%, equity ratio 15.9%, rank 143CO2OLTEC COMMERCIAL REFRIGERATION NORWAY AS: operating margin 3.4%, equity ratio 40.2%, rank 22TRANSTEMA NORGE AS: operating margin 6.8%, equity ratio 37.6%, rank 5FABER BYGG AS: operating margin 3.5%, equity ratio 22.8%, rank 49ØMF ØSTFOLD AS: operating margin −16.9%, equity ratio −18.3%, rank 148FABRITIUS GRUPPEN AS: operating margin 85.4%, equity ratio 37.9%, rank 19KJELDAAS AS: operating margin 1.7%, equity ratio 25.7%, rank 77BMO ENTREPRENØR AS: operating margin 13.8%, equity ratio 31.6%, rank 14AKTIV BYGG AS: operating margin 8.5%, equity ratio 36.5%, rank 3LARS JØNSSON AS: operating margin 0.0%, equity ratio 26.7%, rank 79BETONMAST INNLANDET AS: operating margin 1.9%, equity ratio 4.5%, rank 136ASSA ABLOY ENTRANCE SYSTEMS NORWAY AS: operating margin 4.7%, equity ratio 26.5%, rank 61BRØDRENE ULVESETH AS: operating margin 1.0%, equity ratio 62.6%, rank 25RANDEM & HÜBERT AS: operating margin 4.1%, equity ratio 31.9%, rank 32ÅSANE BYGGMESTERFORRETNING AS: operating margin 9.8%, equity ratio 16.3%, rank 63PROTAN ENTREPRENØR AS: operating margin 1.0%, equity ratio 36.5%, rank 60SORTLAND ENTREPRENØR AS: operating margin 5.7%, equity ratio 5.6%, rank 107BOLD TERN AS: operating margin 64.6%, equity ratio 72.1%, rank 8STENSETH & RS ENTREPRENØR AS: operating margin 9.0%, equity ratio 24.0%, rank 31FUNDAMENTERING AS: operating margin 1.4%, equity ratio 9.2%, rank 137CONSOLVO AS: operating margin 0.1%, equity ratio 33.1%, rank 54STRØM GUNDERSEN AS: operating margin 12.5%, equity ratio 22.4%, rank 40BACKE SØR AS: operating margin −6.1%, equity ratio 19.2%, rank 140
Show the map's figures as a table
CompanyOperating marginEquity ratioRevenue
BRYN BYGGKLIMA AS8.3%45.6%746 MNOK
LYSTEKNIKK ELEKTROENTREPRENØR AS8.8%50.6%614 MNOK
AKTIV BYGG AS8.5%36.5%543 MNOK
INFRANORD NORGE AS14.0%33.7%886 MNOK
TRANSTEMA NORGE AS6.8%37.6%573 MNOK
STRAYE STÅLBYGG AS8.6%31.1%608 MNOK
SARTOR & DRANGE AS9.4%33.5%1,088 MNOK
BOLD TERN AS64.6%72.1%510 MNOK
ALENTO AS4.5%29.2%898 MNOK
TT ANLEGG AS5.1%38.1%945 MNOK
ANLEGG ØST ENTREPRENØR AS10.8%27.4%723 MNOK
NORDASFALT AS4.1%37.2%647 MNOK
ALGECO NORWAY AS13.5%54.9%1,046 MNOK
BMO ENTREPRENØR AS13.8%31.6%544 MNOK
LEONHARD NILSEN & SØNNER AS3.3%42.1%2,068 MNOK
NYE VEIER AS5.5%38.6%8,503 MNOK
AF GRUPPEN ASA95.4%40.7%612 MNOK
CONSTO BERGEN AS5.0%26.2%600 MNOK
FABRITIUS GRUPPEN AS85.4%37.9%546 MNOK
HAB CONSTRUCTION AS4.7%29.5%1,043 MNOK
OSLO BYGGENTREPRENØR AS18.4%26.1%665 MNOK
CO2OLTEC COMMERCIAL REFRIGERATION NORWAY AS3.4%40.2%573 MNOK
PEAB BYGG AS−1.2%33.6%1,611 MNOK
OVE SKÅR AS4.5%29.4%772 MNOK
BRØDRENE ULVESETH AS1.0%62.6%535 MNOK
MARTHINSEN & DUVHOLT AS15.3%19.7%1,730 MNOK
FOLLOHUS AS4.2%28.5%618 MNOK
JOHS J SYLTERN AS6.4%43.1%649 MNOK
ENTREPRENØR HARALD NILSEN AS7.6%24.0%619 MNOK
STJERN ENTREPRENØR AS2.3%37.0%588 MNOK
STENSETH & RS ENTREPRENØR AS9.0%24.0%510 MNOK
RANDEM & HÜBERT AS4.1%31.9%527 MNOK
HÅNDVERKSKOMPANIET AS5.3%25.5%877 MNOK
N P BYGG AS1.8%33.6%674 MNOK
ASSEMBLIN AS8.8%24.6%1,484 MNOK
SPENNARMERING AS3.0%35.7%592 MNOK
PRESIS VEGDRIFT AS13.8%20.0%2,246 MNOK
FRED. OLSEN WINDCARRIER OPERATIONS AS5.5%23.8%1,693 MNOK
AF DECOM AS4.6%28.1%691 MNOK
STRØM GUNDERSEN AS12.5%22.4%501 MNOK
URBAN REUSE NORWAY AS9.8%21.3%725 MNOK
KRAFTMONTASJE AS3.8%24.8%789 MNOK
STANGELAND MASKIN AS5.3%24.9%2,069 MNOK
RISA AS4.2%28.4%2,145 MNOK
STØ ENTREPRENØR AS5.5%20.3%673 MNOK
JM NORGE AS3.0%28.0%2,696 MNOK
AF ELKRAFT AS1.4%32.9%583 MNOK
NORDIC CRANE AS9.8%23.2%594 MNOK
FABER BYGG AS3.5%22.8%563 MNOK
LEIF GRIMSRUD AS6.2%29.7%823 MNOK
VASSBAKK & STOL AS6.2%24.7%2,404 MNOK
MASIV BYGG AS1.2%40.4%688 MNOK
CONSTRUCTION CITY BYGG AS7.0%16.8%1,185 MNOK
CONSOLVO AS0.1%33.1%502 MNOK
MESTA AS2.9%35.0%6,388 MNOK
HENT AS5.7%21.6%9,466 MNOK
VEIDEKKE LOGISTIKKBYGG AS4.6%20.0%1,033 MNOK
VEDAL ENTREPRENØR AS5.5%18.7%2,249 MNOK
BRAVIDA NORGE AS4.5%22.0%5,874 MNOK
PROTAN ENTREPRENØR AS1.0%36.5%514 MNOK
ASSA ABLOY ENTRANCE SYSTEMS NORWAY AS4.7%26.5%539 MNOK
BACKE ROMERIKE AS4.1%22.2%825 MNOK
ÅSANE BYGGMESTERFORRETNING AS9.8%16.3%523 MNOK
ENTREPRENØRSERVICE AS4.8%26.6%860 MNOK
JÆRENTREPRENØR AS1.6%26.9%637 MNOK
AARSLEFF RAIL AS2.6%24.8%602 MNOK
BICO BYGG OG INNREDNING AS3.5%21.6%686 MNOK
SØBSTAD AS2.7%22.8%621 MNOK
ENERGIMA AS7.4%18.3%968 MNOK
PEAB ANLEGG AS−5.4%29.9%821 MNOK
SYLJUÅSEN AS7.3%15.3%882 MNOK
PARK & ANLEGG AS2.6%26.1%952 MNOK
BRG ENTREPRENØR AS6.7%16.1%1,032 MNOK
ØMF ROMERIKE KONGSVINGER AS3.8%17.7%1,073 MNOK
CAVERION NORGE AS4.5%20.6%4,154 MNOK
GEO FUNDAMENTERING & BERGBORING AS3.2%26.6%601 MNOK
KJELDAAS AS1.7%25.7%545 MNOK
CRANE NORWAY VEST AS11.3%18.9%614 MNOK
LARS JØNSSON AS0.0%26.7%541 MNOK
TOTAL BETONG AS5.1%26.3%1,161 MNOK
SEAWAY 7 MANAGEMENT AS11.8%14.9%584 MNOK
MUR I SØR AS9.8%15.7%717 MNOK
HYWER AS−1.2%32.0%623 MNOK
NORDBY MASKIN AS2.7%22.7%763 MNOK
NRC NORGE AS−1.4%31.3%1,404 MNOK
JI BYGG AS3.6%20.0%1,033 MNOK
GK NORGE AS1.1%24.1%4,367 MNOK
AF GRUPPEN NORGE AS6.5%20.1%7,565 MNOK
SKANSKA NORGE AS2.2%24.0%12,887 MNOK
SVALINN AS4.2%16.5%704 MNOK
POB ENTREPRENØR AS6.3%8.9%1,419 MNOK
SEBY AS6.2%9.8%660 MNOK
VEIDEKKE ENTREPRENØR AS2.0%20.7%15,675 MNOK
HELGESEN TEKNISKE BYGG AS4.5%12.7%746 MNOK
A BYGG ENTREPRENØR AS4.3%16.9%1,253 MNOK
ÅSEN & ØVRELID AS4.6%17.4%725 MNOK
IMPLENIA NORGE AS4.3%28.5%3,492 MNOK
CHRISTIE NORDANG AS4.2%15.2%772 MNOK
GRANDE ENTREPRENØR AS1.5%20.3%629 MNOK
OCAB AS5.5%15.6%1,329 MNOK
NSE INDUSTRIER AS7.2%6.8%629 MNOK
HÆHRE ENTREPRENØR AS2.3%22.5%3,220 MNOK
BACKE ØSTFOLD AS−0.4%19.8%621 MNOK
CONTUR AS5.6%15.7%1,248 MNOK
BANESERVICE AS3.6%21.7%2,016 MNOK
TRYSILBYGG AS−4.3%26.8%733 MNOK
SORTLAND ENTREPRENØR AS5.7%5.6%512 MNOK
ISACHSEN ANLEGG AS2.8%20.1%1,167 MNOK
SOLID ENTREPRENØR AS1.2%21.1%1,190 MNOK
ELTEL NETWORKS AS−4.4%27.7%1,490 MNOK
ONECO NETWORKS AS3.1%18.0%1,846 MNOK
CTS NORDICS AS5.5%0.1%7,159 MNOK
NCC NORGE AS−1.4%21.5%4,049 MNOK
BACKE STOR-OSLO AS1.2%19.2%996 MNOK
ØMF ASKER RINGERIKE AS1.2%15.5%990 MNOK
INFRATEK NORGE AS−1.1%30.3%903 MNOK
METROSTAV NORGE AS3.4%16.7%614 MNOK
STS-ISONOR AS1.7%20.4%676 MNOK
KONE AKSJESELSKAP4.9%10.0%805 MNOK
SOTRA LINK AS0.0%2.9%1,759 MNOK
NETEL AS0.0%10.1%823 MNOK
NETTPARTNER AS−8.7%33.8%1,125 MNOK
RECOVER AS2.4%15.6%1,879 MNOK
LAB ENTREPRENØR AS3.0%15.7%1,213 MNOK
GL PROSJEKTSERVICE AS−0.1%15.4%614 MNOK
BLUE TERN OPERATIONS AS0.4%20.0%649 MNOK
LAJE AS−1.8%23.3%767 MNOK
TRAFTEC AS−3.6%23.3%930 MNOK
SVEVIA NORGE AS−1.8%25.5%798 MNOK
BETONMAST BUSKERUD-VESTFOLD AS2.0%4.3%700 MNOK
ECONOR AS−2.4%15.8%1,144 MNOK
RUTA ENTREPRENØR AS1.2%11.6%1,325 MNOK
ONECO ELEKTRO AS−8.0%19.3%1,595 MNOK
BUNDEBYGG AS−14.0%23.0%968 MNOK
FIRESAFE AS1.2%19.4%909 MNOK
BETONMAST INNLANDET AS1.9%4.5%540 MNOK
FUNDAMENTERING AS1.4%9.2%508 MNOK
SELTOR AS−1.0%10.5%1,327 MNOK
WK ENTREPRENØR AS−8.1%10.6%779 MNOK
BACKE SØR AS−6.1%19.2%–
BACKE ROGALAND AS−3.0%12.3%1,694 MNOK
OTERA INFRA AS−5.7%16.7%609 MNOK
BACKE TRONDHEIM AS−9.1%15.9%575 MNOK
VELDE ASFALT AS−2.1%3.0%1,279 MNOK
DESIGNER GROUP NORWAY AS−11.4%−4.2%1,833 MNOK
SEAWAY ALFA LIFT AS−39.6%12.6%1,453 MNOK
KELLER GEOTEKNIKK AS−13.7%−11.6%670 MNOK
ØMF ØSTFOLD AS−16.9%−18.3%552 MNOK

Scenario analysis: the sector's weakest year

The sector's weakest year was 2021, with a median operating margin of 1.8%.

Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported.

Fiscal yearMedian operating marginMedian equity ratio
2017––
2018––
2019––
2020––
2021 · weakest year1.8%35.9%
20222.4%14.0%
20234.4%33.2%
20244.1%33.3%
20254.0%32.9%
20267.8%28.8%

In 2021, 1 ranked companies did better than the sector, 0 about the same and 0 weaker.

Held up best in 2021

  1. 1OMRÅDESIKRING ASequity ratio 35.9%1.8%

Better than the sector: operating margin at or above the sector median and no loss or negative equity. Weaker: operating margin below the median and a loss or negative equity. Otherwise about the same as the sector. Methodology

Drivers in the sector

Interest rates, prices and exchange rates that shape the sector's year, next to the sector's median operating margin. The drivers are context and are not part of the index.

Construction cost index for dwellings (indeks (2015 = 100))

Latest value: 160.3 (2026M09)

Construction cost index for dwellings rose 4.3% in 2025; the sector's median operating margin fell 0.1 percentage points.

Construction cost index for dwellings per year and the sector's median operating margin
Measure202120222023202420252026
Construction cost index for dwellings, annual average124.2135.1141.1146.4152.7158.4 (so far)
Change from the year before+8.7%+8.8%+4.4%+3.7%+4.3%+3.7%
Sector's median operating margin1.8%2.4%4.4%4.1%4.0%7.8%

Source: SSB (08651, CC BY 4.0). Source · fetched 1 November 2026

Policy rate (prosent)

Latest value: 4.30 (2026-09)

Policy rate fell 0.20 percentage points in 2025; the sector's median operating margin fell 0.1 percentage points.

Policy rate per year and the sector's median operating margin
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.14 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.16 percentage points
Sector's median operating margin1.8%2.4%4.4%4.1%4.0%7.8%

Source: Norges Bank (IR, NLOD 2.0). Source · fetched 1 November 2026

When policy rate fell in 2025, 9,387 of 19,433 ranked companies kept their operating margin at or above the year before. Among the largest: VEIDEKKE ENTREPRENØR AS (2.9% → 3.5%), SKANSKA NORGE AS (2.4% → 2.7%), HENT AS (5.7% → 5.9%), NYE VEIER AS (−12.2% → −5.5%), NCC NORGE AS (−3.8% → 0.6%).

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

The sector in Norway (SSB)

The whole industry as Statistics Norway counts it: every enterprise, not only the limited companies we rank. Use these figures as background for the ranking above.

Enterprises, employment and turnover · 2024

Enterprises
59,444
−1.1% from 2023
Persons employed
267,499
−2.7% from 2023
Turnover
NOK 757.6 bn
+0.0% from 2023
Gross operating margin
6.8%
Gross operating surplus divided by turnover

All enterprises, sole proprietorships included.

Bankruptcies in the industry

854 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change −11.3% against the four quarters before (963). That is about 14.4 per 1,000 enterprises.

2482024K42462025K12752025K21942025K32022025K42412026K12302026K21812026K3

Foreign-controlled enterprises · 2024

Share of enterprises
1.7%
Share of persons employed
14.7%
Share of turnover
18.6%

SSB publishes this for groups of industries only. The figures are for the group “Bygge- og anleggsvirksomhet”.

Production index · Bygge- og anleggsvirksomhet

96.8 index, 2021 = 100, seasonally adjusted · 2026M09
−0.9% against 2025M09.

Monthly, 2023M09 to 2026M09.

Source: Statistics Norway (SSB), table 12910, table 10790, table 08085, table 13430. CC BY 4.0. Our industry codes (SN2025) are linked to SSB’s (SN2007) with SSB’s correspondence table in Klass.

Latest bankruptcies and liquidations

All bankruptcies and liquidations in the sector

Industry codes (NACE)

CodeDescription
41*Oppføring av bygninger (hele hovedgruppen)
41.000Oppføring av bygninger
42*Anleggsvirksomhet (hele hovedgruppen)
42.110Bygging av veier og motorveier
42.120Bygging av jernbaner og undergrunnsbaner
42.130Bygging av broer og tunneler
42.210Bygging av vann- og kloakkanlegg
42.221Bygging av anlegg for elektrisitet og telekommunikasjon til sjøs
42.222Bygging av anlegg for elektrisitet og telekommunikasjon på land
42.910Bygging av havne- og damanlegg
42.990Bygging av andre anlegg ikke nevnt annet sted
43*Spesialisert bygge- og anleggsvirksomhet (hele hovedgruppen)
43.110Riving av bygninger og andre byggverk
43.120Grunnarbeid
43.130Prøveboring
43.210Elektrisk installasjonsarbeid
43.221Rørleggerarbeid
43.222Kuldeanlegg-, varmepumpearbeid og installasjon av peiser
43.223Ventilasjonsarbeid
43.230Installasjon av isoleringsmateriale
43.240Annet installasjonsarbeid
43.310Stukkatørarbeid og pussing
43.320Snekkerarbeid
43.330Gulvlegging og tapetsering
43.340Maler- og glassarbeid
43.350Annen ferdiggjøring av bygninger
43.410Takarbeid
43.420Annen spesialisert byggevirksomhet i forbindelse med oppføring av bygninger
43.500Spesialisert byggevirksomhet i forbindelse med anleggsarbeid
43.600Formidlingstjenester innenfor spesialisert bygge- og anleggsvirksomhet
43.910Murerarbeid
43.990Annen spesialisert bygge- og anleggsvirksomhet ikke nevnt annet sted