What Netpower does

Netpower AS is a Norwegian privately-held vertical software company headquartered in Sandnes, founded in 1995 as an internet access provider and now operating as a domain software specialist serving regulated Norwegian enterprises. The company develops and operates a portfolio of proprietary products: Certain QMS (quality and improvement management, rebranded January 2026 from Netpower Kvalitet), Workplace Safety (chemical/substance management for land-based operations), ChemCenter (chemical management for offshore oil and gas, launched August 2025 in collaboration with OKEA), Project 365 (project and portfolio management built on Microsoft SharePoint), and RockExchange (sustainable surplus mass management for construction and infrastructure). All products are operated from Netpower's own ISO 27001-certified data center in Sandnes, Norway, with redundant power, cooling, and 24/7 monitoring.

The technology stack is built natively on Microsoft SharePoint and Microsoft 365, with customer data stored within the customer's own Microsoft 365 tenant — a deliberate architecture choice that provides regulatory data residency and user familiarity. Netpower generates revenue through three streams: subscription-based SaaS licensing for proprietary products, project-based custom software development on Microsoft 365 platforms, and managed IT operations including hosting, cybersecurity, and 24/7 support. Pricing is quote-based with annual subscriptions; standard SLAs offer 99.8% uptime with optional 24/7 extended coverage. Go-to-market is direct enterprise sales (CEO Morten Hjelle and Head of Sales Andreas Ravndal personally engage in enterprise deals), supplemented by the Nettalliansen channel partnership for grid companies and industry event presence (e.g., OTD Energy 2025).

The customer base spans highly regulated Norwegian industries including energy and oil & gas (Equinor, Vår Energi, Saipem, Tampnet, Aero Norway), power grid (20+ companies via Nettalliansen), healthcare (Oslo University Hospital, Apotek 1 Gruppen, Helse Vest IKT), public administration (Kartverket, DSB, Luftfartstilsynet, Bufdir, Forsvarsbygg), transport (Kolumbus, Boreal), aquaculture (Lerøy, Grieg), research and higher education (NTNU, OsloMet, NORCE, NIBIO), and food labeling (Nyt Norge / Stiftelsen Norsk Mat). Netpower operates through a parent-subsidiary group structure with three wholly-owned entities (Netpower Web Solutions AS, Netpower Business Solutions AS, Netpower IT Solutions AS), was founded in 1995, and celebrated its 30th anniversary in October 2025.

Name

Netpower

Legal name

Netpower AS

Website

https://netpower.no

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Netpower AS is a Norwegian vertical software developer serving regulated enterprises with proprietary products for quality management, chemical safety, project management, and sustainable construction, all operated from its ISO 27001-certified data center in Sandnes.

Ownership category

akta.pro rank

Headquarters

HQ city

Sandnes

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS/Subscription Software Licenses: Netpower generates recurring revenue through subscription-based software products delivered as SaaS from their own data center. Products include Certain QMS (quality management), Workplace Safety (chemical management), ChemCenter (offshore chemical management), Project 365 (project management), and RockExchange (mass management). Annual licensing with ongoing support and maintenance included.
2. Custom Software Development: Project-based custom development services for building IT systems from scratch or extending Microsoft 365 platforms. Includes UI/UX design, mobile development, integrations, and SharePoint development. Revenue recognized as one-time professional services.
3. IT Operations and Hosting: Managed IT services including cloud solutions, hosting, data center operations, cybersecurity, IT consulting, and 24/7 support. Offered as standalone services or bundled with software delivery. Standard SLA agreements define availability and response time commitments.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Netpower develops and sells proprietary vertical SaaS products for quality management (Certain QMS), chemical management for land-based operations (Workplace Safety) and offshore oil and gas (ChemCenter), SharePoint-based project management (Project 365), and sustainable mass management for construction (RockExchange). All products are delivered from the company's own ISO 27001-certified data center in Sandnes, Norway. The company also offers custom Microsoft 365/SharePoint software development, mobile development, and managed IT operations and hosting services.

Product overview

Netpower offers a portfolio of proprietary software products complemented by custom development and IT operations services. The product suite consists of: Certain QMS (formerly Netpower Kvalitet, rebranded January 2026) — a quality and improvement management system; Workplace Safety — a substance register and chemical management system for land-based operations; ChemCenter — a chemical management system for the offshore oil and gas industry (launched August 2025, developed with OKEA); Project 365 — a project management platform built on Microsoft SharePoint/Microsoft 365; and RockExchange — a sustainable surplus mass management tool for construction projects. Netpower also delivers custom software development, mobile development, and IT infrastructure/hosting services, with all solutions operated from the company's own data center in Sandnes, Norway.

Differentiator

Problem solved

Functional benefit

Brands

• Certain QMS: Quality management and improvement system (formerly Netpower Kvalitet). A modern management system for quality and continuous improvement, serving both public and private organizations.
• Workplace Safety
• ChemCenter
• Project 365
• RockExchange

Products and services

• Certain QMS A modern quality and improvement management system (QMS) that consolidates processes, documents, deviations, risk, planner, and checklists for ISO 9001-aligned governance and continuous improvement; tightly integrated with Microsoft SharePoint and Microsoft 365. Formerly known as Netpower Kvalitet, rebranded in January 2026.
• Workplace Safety A substance register and chemical management system for land-based operations that reads data from all 16 sections of Safety Data Sheets (SDS), provides risk assessment and exposure registers, and draws on a database of over 10 million SDSs.
• ChemCenter A chemical management software tailored for offshore oil and gas operators, consolidating Substance Index with automated SDS updates, Chemical Approval workflows, Risk Assessment, Exposure Register, Work Operations, Substitution management, SDS Creator, and a Collaboration Hub. Uses AI to generate substitution alternatives from a global SDS database.
• Project 365 A super-flexible project management system built on Microsoft SharePoint with templates, task management via Microsoft Planner, case systems, checklists, safety job analyses, time registration, competence and equipment registers, CRM, project hub, Gantt views, and lessons learned.
• RockExchange A digital tool for sustainable mass management in construction and infrastructure projects with a map-based interface that tracks projects, locations, mass supply/demand, transport routes, CO2 emissions, and documentation aligned with DFØ's template requirements.
• Custom Software Development Project-based custom development services for building IT systems from scratch or extending Microsoft 365 and SharePoint platforms, including UI/UX design, mobile development, integrations, and SharePoint development, delivered to enterprise clients across Norway.
• Managed IT Operations and Hosting Managed IT services including cloud solutions, hosting, data center operations, cybersecurity, IT consulting, and 24/7 support delivered from Netpower's own ISO 27001-certified Norwegian data center, offered standalone or bundled with software delivery under standard SLA agreements.

Quantifiable outcome

• Over 20 nettselskaper (grid companies) served via Nettalliansen's shared IT platform since 2021
• +2 more outcomes

Named customers24 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability2 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and notable.

• OKEAcoreStrategic or Co-development Partner · 5 August 2025OKEA is an operator company on the Norwegian continental shelf. ChemCenter was developed in collaboration with OKEA and is specifically tailored for oil and gas industry operations. OKEA provided industry insights and requirements that shaped the product's functionality for offshore chemical management, including chemical approval processes, risk assessments, and exposure registers aligned with Norwegian regulations.
• NettalliansencoreStrategic or Co-development PartnerNettalliansen is a network company community (bransjefellesskap) of grid companies serving approximately 600 employees and 150,000 grid customers. Netpower has delivered quality management systems to this community for several years as part of their shared IT platform supporting operations and regulatory compliance across member companies. Over 20 grid companies use Netpower's quality management system via this partnership.
• Rogaland fylkeskommunenotableStrategic or Co-development PartnerRogaland County Municipality uses RockExchange for sustainable mass management in construction projects. They have independently introduced requirements in public tenders for use of DFØ's recommended template for estimating mass transport and reuse in projects. Netpower collaborates closely with their professional communities to further develop the solution.
• DFØ (Direktoratet for forvaltning og økonomistyring)notableStrategic or Co-development PartnerDFØ provides recommended templates for estimating mass transport and reuse in construction projects. Netpower has integrated DFØ's template directly into RockExchange, with key figures and environmental data automatically filled into DFØ's forms to simplify reporting and improve data quality.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• EcoOnline Group: Norway-headquartered (originally Precenic/Bulk) chemical management and EHS software vendor serving Nordic and European industrial customers; the most direct competitor to Netpower's Workplace Safety and ChemCenter product lines, with overlapping SDS database functionality.
• Quentic: German EHS / chemical management SaaS platform offering substance management, SDS handling, and incident workflows; competes for the same European mid-market chemical-management buyers that Netpower targets via Workplace Safety and ChemCenter.
• MasterControl: US-based QMS software vendor (Quality Management System) covering document control, deviations, CAPA, and ISO 9001 alignment; the closest global product analog to Netpower's Certain QMS in regulated industries.
• Intelex Technologies (UL Solutions): Vendor of EHS / QMS / chemical management software used by energy, manufacturing and oil & gas operators; a broad incumbent comparable to Certain QMS, Workplace Safety, and ChemCenter combined.

Emerging players

• ComplianceQuest: Cloud-native QMS built on Salesforce / Snowflake targeting manufacturing and life sciences; emerging direct competitor to Certain QMS, particularly for regulated buyers moving away from SharePoint-based stacks.
• Greenlight.guru (Ansys): Medical-device-focused QMS SaaS acquired by Ansys; comparable to Certain QMS for healthcare customers such as Oslo Universitetssykehus and Apotek 1 Gruppen on the quality management side.

Broad incumbents

• Visma: Large Nordic business-software group covering accounting, HR and sector-specific SaaS across Norway, Sweden, Netherlands and beyond; a broad incumbent that competes with Netpower in Norwegian mid-market enterprise software purchasing decisions.
• Tietoevry: Finland-headquartered IT services and software provider with significant Norwegian operations across public sector, healthcare, and energy; comparable as a Norwegian enterprise IT/managed-services player with custom development and hosting capabilities.

Regional players

• Sapio Consulting (Norway): Norwegian SharePoint and Microsoft 365 development consultancy; an in-country peer that competes with Netpower Web Solutions for SharePoint/Microsoft 365 custom development engagements.

Others

• Brenntag / Scantech (chemical-management data): Adjacent chemical data and distribution ecosystem participants; relevant as adjacent parties rather than direct competitors, illustrating the broader SDS / chemical-management data ecosystem that Netpower's Workplace Safety and ChemCenter operate within.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/netpower_as
• Facebookfacebook.com/netpoweril
• LinkedInlinkedin.com/company/netpower.co.il
• Instagraminstagram.com/netpower.no

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 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 →

Frequently asked questions about Netpower