Edekyl & Värme AB

What Edekyl & Värme AB does

Edekyl & Värme AB is a Swedish installation and service company specializing in heating, ventilation, refrigeration, and freezing (HVAC-R) equipment, with operations concentrated in Mellansverige (central Sweden). Founded in its current form in 2005 when the Björk brothers acquired Edekyl AB and added the heat business, the company has grown from 5 to approximately 100 employees across four offices (Örebro headquarters, Stockholm, Västerås, Linköping). Its core product portfolio centers on Thermia heat pumps — spanning ground source (Atlas, Calibra, Legend), air-to-water (Thermia Athena, iTec), air-to-air (Aura), and exhaust air (Thermia Ventec) — alongside CO2-based (R744) commercial refrigeration systems, ventilation with heat recovery, and a 24/7 proprietary alarm central that digitally monitors refrigeration and HVAC units in approximately 400 food retail stores across Sweden.

The company operates a hybrid revenue model combining one-time installation project revenue with recurring service, maintenance, and managed-monitoring contracts. Long-term framework agreements and alarm-monitoring subscriptions — including a contract with Coop Sverige covering ~170 stores in Mellansverige since 2014 — anchor recurring revenue, while residential heat pump sales are transacted via the website (with Wasa Kredit financing) and supplemented by enterprise projects for ICA, municipalities, property managers (Heba, Uppsalahem, Futurum Fastigheter), logistics operators (Klingan Logistikpark), and food producers (Yipin). The company is ISO 9001/14001/45001 certified and is recognized as a Top 3 Thermia retailer in Sweden.

In 2023, Amplio Private Equity acquired Edekyl & Värme and combined it with Ferla to form Tedge Energy, an energy-optimization group with combined revenue of approximately 450 MSEK and 130 employees across five locations. The founding team and management retained operational leadership and a significant ownership stake in the new group, which positions Edekyl as the platform for further regional consolidation in the Nordic energy-transition services market.

Name

Edekyl & Värme AB

Legal name

Edekyl & Värme AB

Website

https://edekyl.se

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

Edekyl & Värme AB is a Swedish HVAC-R installation and service company in central Sweden, installing and maintaining Thermia heat pumps, CO2 refrigeration, and ventilation systems for residential, commercial, municipal, and food-retail customers from four regional offices.

Ownership category

akta.pro rank

Product category

HVAC-R Installation and Service

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220), Plumbing, Heating, and Air-Conditioning Contractors (23822), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Auto Controls For Regulating Residential & Comml Environments (3822), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Residential HVAC System Installation (Furnace/AC/Heat Pump) (HSAOAGAA)

akta.pro secondary industries

Heat Pump Repair & Maintenance (HSAOAHAD), Heat Pump & Smart HVAC Controller Integration (HSAOANAD), Preventive Maintenance Programs for Refrigeration Systems (HSAOAJAL), Refrigeration Controls, Thermostats & Sensors Service (HSAOAJAF)

Keywords

• HVAC installation services
• Commercial refrigeration
• Heat pump sales
• Ventilation services
• Alarm monitoring services

Headquarters

HQ city

Örebro

HQ country

Sweden

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Installation of HVAC-R Systems: One-time installation of heat pumps, cooling systems, ventilation, and automation systems for residential, commercial, and industrial customers. Revenue recognized per project.
2. Service, Maintenance, and Monitoring Contracts: Recurring service contracts, preventive maintenance, 24/7 alarm monitoring, and on-call repair services for installed HVAC-R systems. Includes extended warranty/maintenance agreements.
3. Alarm/Monitoring as Standalone Service: Coop has separately contracted Edekyl's alarm central for real-time monitoring of refrigeration and HVAC units, a standalone digital monitoring service.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Edekyl & Värme AB designs, installs, and services heating, ventilation, refrigeration, and cooling (HVAC-R) systems across central Sweden. The company sells and installs Thermia-branded heat pumps (ground source, air-to-water, air-to-air, and exhaust air) for residential and commercial customers, alongside commercial refrigeration systems including CO2 (R744) climate-neutral solutions. It also operates a 24/7 in-house alarm central monitoring approximately 400 food retail stores and provides recurring preventive maintenance and service agreements.

Product overview

Edekyl & Värme AB is a leading installation and service company in cooling, heating, ventilation, automation, and energy efficiency in central Sweden (Mellansverige). The company operates from offices in Örebro (headquarters), Stockholm, Västerås, and Linköping, with approximately 100 employees. The product portfolio centers on Thermia heat pumps across multiple categories: ground source heat pumps (Atlas, Calibra, Calibra Eco, Calibra Eco Cool, Legend, Calibra RXT), air-to-water heat pumps (Thermia Athena, iTec XT, iTec Eco, iTec Eco Split), air-to-air heat pumps (Aura T3, Aura S3), and exhaust air heat pumps (Thermia Ventec). The company also offers related services including comfort cooling (Komfortkyla), remote monitoring via Thermia Online, comprehensive installation services, and ongoing maintenance. Their core offering is the Thermia heat pump product range supplemented by professional installation, service, and energy optimization services.

Differentiator

Problem solved

Functional benefit

Products and services

• Kyla (Cooling Systems) Design, installation, and service of cooling systems including commercial refrigeration, industrial cooling, comfort cooling (komfortkyla), food retail refrigeration (livsmedelkyla), and server room cooling. Targeted at commercial and industrial customers in Sweden.
• Värme (Heating) Design, installation, and service of heating systems including ground source heat pumps (bergvärmepumpar), exhaust air heat pumps (frånluftsvärmepump), air-to-water heat pumps (luft/vattenvärmepumpar), and air-to-air heat pumps (luft/luft-värmepump) for residential, commercial, and industrial customers.
• Ventilation Ventilation services including mandatory OVK inspection, EC conversions (energy-efficient fan replacements), new installations, and ventilation adjustments for residential and commercial buildings.
• Smart Elteknik (Smart Electrical) Smart electrical installations including solar panel systems, lighting solutions, EV charging, and EC conversions for residential and commercial customers.
• Thermia Aura T3 Air-to-Air Heat Pump Premium residential air-to-air heat pump with A+++ energy rating, SCOP 5.1, WiFi connectivity, and built-in cooling. Heat output 0.7-7.3 kW, cooling output 1.0-4.8 kW. Standard installation included; 22,900 SEK after ROT deduction. Financing from 318 SEK/month via Wasa Kredit.
• Thermia Aura S3 Air-to-Air Heat Pump Residential air-to-air heat pump rated A++, designed for Nordic climates with WiFi control and cooling function. Heat output 0.7-6.7 kW, cooling output 0.96-3.7 kW, SCOP 4.8. Standard installation included; 20,900 SEK after ROT deduction. Financing from 290 SEK/month via Wasa Kredit.
• 24/7 Alarm Central (Larmcentral) Monitoring Service Proprietary around-the-clock alarm monitoring center that monitors cooling and freezing units in nearly 400 food retail stores across Sweden, with remote troubleshooting and proactive fault intervention capabilities. Targeted at food retail chains and other commercial customers.
• Service & Maintenance Agreements Recurring preventive maintenance service agreements for installed HVAC-R systems at 2,990 SEK per visit, available on annual, biennial, or triennial intervals. Includes troubleshooting, fault reporting, and on-call repair services. Targeted at residential and commercial customers.
• Thermia Online Remote Monitoring Remote monitoring and control add-on for Thermia heat pumps via internet-connected devices, allowing users to adjust temperature and receive alarm notifications. Targeted at heat pump owners.
• Large-Scale Geoenergy (Bergvärme) System Installations Design and installation of large geoenergy systems with multiple heat pumps, energy wells (e.g., 30x300 energy wells at Klingan Logistikpark), and heat recovery for commercial, logistics, and residential property customers. Includes the largest Thermia installation completed to date (~35,000 sqm facility, 1,297,394 kWh/year energy need).
• CO2 Climate-Neutral Commercial Refrigeration CO2 (R744)-based climate-neutral refrigeration system installation for commercial food retail and production kitchens, with integrated heat recovery for space heating and hot water production. Targeted at grocery chains and commercial kitchens.

Quantifiable outcome

• Energy cost reduction of ~65% for schools switching from pellets to bergvärme (Futurum Fastigheter)
• +6 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Thermia VärmepumparcoreTechnology or IntegrationEdekyl is a top 3 Thermia retailer in Sweden, selling and installing Thermia heat pumps including Atlas, Calibra, iTec, Ventec, and Aura series. Thermia Online smart control platform is offered as an add-on. Edekyl participates in Thermia's national dealer network.
• ICA (ICA Sverige / ICA Fastigheter)coreStrategic or Co-development PartnerMultiple ICA projects including new store builds (ICA Maxi Mariestad, ICA Maxi Gnista), retrofits, and property development (ICA Arninge). Edekyl designs and installs CO2-neutral cooling, heating, and ventilation systems for ICA facilities. Long-term relationship across multiple projects.
• Coop Sverige AB / KF-FastighetercoreStrategic or Co-development PartnerOngoing service and monitoring contract for ~170 Coop stores in Mellansverige since 2014. Extended beyond 10 years in 2024. Includes 24/7 alarm monitoring via Edekyl's alarm central. Represents one of Edekyl's most significant long-term partnerships.
• NA Bygg ABminorChannel Partner/ Reseller/ DistributorNA Bygg served as general contractor for Karlskoga municipality's production kitchen project. Edekyl was contracted by NA Bygg to install the CO2 refrigeration system.
• Projektpartner ABminorChannel Partner/ Reseller/ DistributorProjektpartner AB served as general contractor for multiple Burger King restaurant builds. Edekyl was awarded the refrigeration installation sub-contract for new Burger King locations.
• Logistic ContractorminorImplementation/ SI/ Consulting PartnerLogistic Contractor was the developer/contractor for Klingan Logistikpark in Norrköping. Edekyl was engaged to install a large-scale geoenergy system for the logistics facility.
• Fastighets AB L E LundbergminorStrategic or Co-development PartnerLundberg developed a café in central Linköping. Edekyl handled the ventilation contractor work, installing a new Swegon ventilation unit and ductwork system.
• YipinminorStrategic or Co-development PartnerYipin is a leading Swedish tofu and plant-based food producer. Edekyl has been providing ongoing refrigeration service, technical improvements, and system maintenance for Yipin's production facility for several years.
• Wasa KreditminorGTM or Marketing PartnerWasa Kredit provides interest-free installment financing for Thermia heat pumps sold by Edekyl, enabling customers to pay over 6, 12, 24, or up to 36 months.
• Platen, Motala Kommun, Mjölby KommuncoreStrategic or Co-development PartnerEdekyl won framework agreements through public procurement for service, maintenance, and installation of refrigeration systems and heat pumps for three municipalities in Östergötland.
• Brandkåren AttundaminorStrategic or Co-development PartnerEdekyl won public procurement to install VRV/VRF air conditioning systems in 4 fire stations (Knivsta, Järfälla, Bro, Sollentuna) for Brandkåren Attunda, a municipal rescue service consortium.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Bravida Sverige: Largest Nordic multi-discipline technical installation and service contractor (HVAC, electrical, plumbing) with a major Swedish operation. Competes with Edekyl for HVAC installation and service contracts in commercial, public, and residential segments across Sweden.
• Assemblin: Leading Nordic installation and service contractor covering HVAC, plumbing, and electrical. Operates extensively in Sweden through multiple regional branches, directly competing for the same enterprise, municipal, and property management contracts that Edekyl targets.
• Caverion Sverige: Nordic provider of technical building solutions including HVAC, cooling, and automation services to commercial and public-sector customers. Directly comparable in service-led HVAC-R delivery and recurring maintenance contracts.
• GK Intec Sverige: Norwegian-origin Nordic HVAC and building services contractor with a significant Swedish presence, focused on ventilation, cooling, and energy optimization for commercial buildings — a close comparable in service model and customer mix to Edekyl.
• Sandbäckens: Swedish HVAC-R installation and service company with a multi-region footprint covering cooling, heating, and ventilation. Comparable in service breadth, regional branch model, and food retail / industrial customer profile.
• Ferla: Swedish energy optimization and HVAC-R service company merged with Edekyl into the Tedge Energy group under Amplio Private Equity. Most direct operational peer — overlapping offering, geography, and now ownership — making it a natural benchmark post-merger.
• Comforta (Heat Pump Retail Chain): Swedish national heat pump retailer and installer network operating across Sweden. Competes head-to-head with Edekyl for residential heat pump sales and Thermia/nibe installations, making it a comparable in homeowner channel and brand positioning.

Broad incumbents

• Nibe Energy Systems: Swedish-listed global manufacturer of heat pumps and HVAC products with deep Swedish installer/integrator networks. Competes with Edekyl less as a direct contractor and more as the upstream product manufacturer whose installer ecosystem overlaps with Edekyl's Thermia-centric offering.
• Bosch Thermoteknik (formerly IVT): Major European heat pump manufacturer (acquired IVT) with a wide Swedish installer base. An indirect competitor at the product level and a potential alternative supplier to Edekyl's predominantly Thermia-aligned portfolio.

Regional players

• Kylma AB: Specialist Swedish commercial and industrial refrigeration contractor focused on CO2 and HFC systems for food retail and industry. Highly comparable in technical refrigeration offering and food-retail customer profile, though concentrated in a different Swedish geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/about
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Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

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