JM Hansen

What JM Hansen does

JM Hansen AS is a family-owned Norwegian electrical contractor founded in 1925, headquartered in Tromsø, operating as a total technical supplier for industrial, commercial, maritime, aquaculture, infrastructure, and public-sector clients across Northern Norway and, following the January 2026 acquisition of NTE Elektro (rebranded JM Hansen Midt), across Trøndelag. The group employs more than 400 people across nine office locations from Svalbard to Trondheim and delivers electro, automation, ventilation, alarm and security, and energy efficiency services, often as total technical contractor (totalentreprenør) on large-scale projects such as the 26,000 sqm Narvik Hospital, the 10,000 sqm Tromsø Airport terminal, the 16,500 sqm SalMar InnovaNor salmon processing facility, and the KSAT Svalsat data center on Svalbard. Technical differentiators include the proprietary FEED-konseptet (remote operation and digital services platform enabling autonomous aquaculture feed rafts), advanced maritime electrification including shore-power and battery integration with blink-free transitions, and an autonomous silage system consolidating five PLC platforms into one.

The business model combines three revenue streams: (1) project-based electrical and automation contracting on fixed-price or cost-plus terms for large installations, (2) recurring service and operations agreements (service- og driftsavtaler) providing monitoring, rapid response, and maintenance under annual renewal, and (3) one-time product sales through JM Hansen Midt branches, including Mitsubishi heat pumps, Zaptec and Amina EV chargers, and MicroCharge charging cables, with installation bundled and interest-free 36-month installment financing available to existing NTE electricity customers. Go-to-market operates through enterprise field sales for large projects (sales-led), a local branch network across Trøndelag for mid-market and residential service, and a self-serve digital booking platform called Min Elektriker for direct-to-consumer residential bookings. Revenue is not publicly disclosed; the company is privately held by the Hansen family with no external institutional or venture capital investors identified.

Name

JM Hansen

Legal name

JM Hansen AS

Website

https://jmhansen.no

Company type

Private

Founded year

1925

Operating status

Operating

Headcount range

251–500 employees

Short description

JM Hansen is a family-owned Norwegian total technical contractor delivering electrical, automation, and ventilation services to industrial, aquaculture, maritime, infrastructure, and public-sector clients across Northern Norway and Trøndelag, with 400+ employees following the 2026 NTE Elektro acquisition.

Ownership category

akta.pro rank

Product category

Electrical Contracting and Technical Services

NAICS

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310)

SIC

Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Refrigeration & Cold-Chain Equipment Service (IMAIABAE)

Keywords

• Electrical contracting services
• Industrial automation solutions
• Maritime electrical services
• Heat pump installation
• EV charger installation

Headquarters

HQ city

Tromsø

HQ country

Norway

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Project-based electrical and automation contracting: Large-scale project contracts for new construction, modernization, and upgrades across commercial, industrial, maritime, and infrastructure sectors. Revenue recognized over project duration with fixed-price or cost-plus arrangements.
2. Service and operations agreements: Recurring service and maintenance contracts (service- og driftsavtaler) providing monitoring, rapid response to deviations, and regular maintenance. Generates recurring revenue through annual contract renewals.
3. Product sales (heat pumps, EV chargers): Sale and installation of Mitsubishi heat pumps and EV charging stations (Zaptec, Amina) to residential and commercial customers in Trøndelag. One-time product revenue with installation services bundled.
4. Maritime electrical services: Classification, service, retrofit, electric motor and generator overhaul for vessels. Revenue generated through vessel classification projects, service visits, and workshop repairs.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

JM Hansen is a total technical supplier delivering electrical installations, automation, ventilation, alarm and security, maritime electrical/electronics, energy efficiency solutions, and service/maintenance contracts for industrial, commercial, infrastructure, aquaculture, maritime, and public-sector clients across Northern Norway and Trøndelag. The company also sells and installs Mitsubishi heat pumps, Zaptec and Amina EV chargers, and MicroCharge charging cables for residential customers, plus an electrical inspection service for private homes. Operations span 9 office locations from Svalbard to Trondheim with 400+ employees, supported by the Min Elektriker self-serve booking platform and a sales-led recurring service-agreement model.

Product overview

JM Hansen is a total technical supplier offering electrical, automation, and ventilation services primarily in Northern Norway and Trøndelag. The product portfolio consists of Mitsubishi air-to-air heat pumps (Kaiteki, Iguru, and Uwano series) for residential heating and cooling, Zaptec and Amina EV chargers for home and business charging, MicroCharge charging cables, and electrical inspection services. These are sold alongside comprehensive services including electrical installations, maritime electrical/electronics, automation, alarm and security systems, energy efficiency consulting, and infrastructure solutions for industries including aquaculture, commercial buildings, industry, maritime, and public buildings.

Differentiator

Problem solved

Functional benefit

Brands

• Min Elektriker: Self-service ordering platform for electrician services in Trøndelag.

Products and services

• Electrical Installation Services (Elektro) Core electrical contracting for new construction, modernization, and upgrades across commercial, industrial, maritime, and infrastructure sectors in Northern Norway and Trøndelag. Includes totalentreprenør (total technical contractor) delivery.
• Automation Services (Automasjon) Industrial automation solutions for production facilities, process control, and autonomous operations, integrated with electrical installations.
• Ventilation Services Design, installation, and servicing of ventilation systems as part of total technical delivery for buildings and industrial facilities.
• Maritime Electrical Services Electrical installations, classification, retrofit, and service for vessels along the Norwegian coast, including generator and motor overhaul.
• Maritime Electronics Services Maritime electronics for vessels including communication, navigation, alarm systems, and power management system (PMS) upgrades.
• Alarm and Security Systems Installation and servicing of alarm, security, and surveillance systems for commercial, industrial, infrastructure, and public-sector clients.
• Energy Efficiency Services (Energieffektivisering) Energy audits, modernization, and Schneider Electric EcoXpert-certified energy efficiency solutions for commercial and industrial clients.
• Service and Operations Agreements (Service- og driftsavtaler) Customized recurring service and maintenance contracts providing 24/7 monitoring, rapid response to deviations, and regular maintenance for stable operations, high uptime, and predictable costs.
• Advisory and Project Engineering (Rådgivning og prosjektering) Technical advisory, planning, and project engineering services for electrical, automation, and ventilation projects.
• Locks and Fittings (Lås og beslag) Lock and hardware fitting services for commercial and residential customers as part of broader building security delivery.
• Elkontroll (Electrical Inspection for Residential Homes) Comprehensive electrical inspection for homes up to 250 sqm, covering electrical cabinet, sampling appliances, verifying grounded outlets, and providing a condition report. Priced at 3,990 kr including up to 20km travel from the nearest branch.
• Mitsubishi Kaiteki 6300 Heat Pump Premium air-to-air heat pump with heating capacity down to -25°C, A+++ energy class, SCOP 5.2, Hyper Heating, WiFi/app control, and Plasma Quad Plus filter. Priced 32,190 kr including installation.
• Mitsubishi Kaiteki 6600 Heat Pump Best-selling air-to-air heat pump with capacity tested down to -25°C, A++ energy class, 3D i-see Sensor, WiFi control. Won Japan's Good Design Award. Priced 33,890 kr including installation.
• Mitsubishi Iguru 6600 Heat Pump Compact heat pump ideal for smaller homes, apartments and holiday homes, with heating capacity down to -20°C, A++ energy class, and built-in WiFi. Priced 30,890 kr including installation.
• Mitsubishi Iguru 6200 Heat Pump Compact air-to-air heat pump with allergen filter and efficient heat distribution for small spaces. Priced 30,249 kr including installation.
• Mitsubishi Uwano 6300 Heat Pump High-capacity heat pump with extreme heating power for fast room warming, designed for Nordic conditions, suitable for cabins and cottages. Made for Scandinavia certified.
• Mitsubishi Uwano 7000 Heat Pump Top model heat pump with extreme heating capacity and fastest room warming, 3D I-see Sensor, Made for Scandinavia certification. Priced 36,249 kr including installation.
• Zaptec Go EV Charger Wall-mounted AC EVSE Mode 3 charging station up to 22kW/32A, with Eco Mode following Nord Pool spot prices and free 4G connectivity. Named NAF 2022 safest EV charger in Norway. Priced 15,990 kr including installation.
• Amina EV Charger Simple home EV charger controlled through the car's app, 5-year warranty, up to 7.36kW/32A charging. Priced 12,790 kr including installation.
• MicroCharge Ladekabel (Charging Cable) 7.5-meter Type 2 charging cable, 32A 3-phase for fast and efficient charging, weather-resistant design. Priced 3,801 kr including installation.

Quantifiable outcome

• Reduced heating and cooling energy by over 75% and ventilation energy by 30% at Amfi Alta (EcoXpert Award-winning project)
• +3 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• NTE ElektrocoreStrategic or Co-development Partner · 1 January 2026JM Hansen acquired NTE Elektro (renamed JM Hansen Midt as of April 1, 2026). This acquisition combined two major Norwegian-owned electrical contractors, creating one of Norway's largest with 400+ employees. NTE Elektro continues as a separate company within the JM Hansen group, led by Svein Erik Svarte who joins JM Hansen group management.
• KSATcoreStrategic or Co-development Partner · 1 January 2024KSAT (Kongsberg Satellite Services) operates Svalsat, one of the world's most important satellite ground stations on Svalbard. JM Hansen is total contractor for complete electrical installations in the new data center on Platåfjellet, working closely with KSAT and other contractors for robust, energy-efficient solutions.
• TotalteqcoreStrategic or Co-development Partner · 1 January 2019Totalteq is a consortium/partnership where JM Hansen delivers electro and automation for major construction projects. Under Totalteq, JM Hansen served as electro and automation contractor for the SalMar InnovaNor facility (2019-2021) and the New Narvik Hospital (2021-2024).
• HENTminorStrategic or Co-development PartnerHENT is a construction company mentioned as the client/developer for the SalMar InnovaNor facility. JM Hansen worked as subcontractor under the HENT-led project.
• ConstominorStrategic or Co-development PartnerConsto is the main contractor for the Tromsø Airport expansion project. JM Hansen delivered electro, alarm and security installations as a subcontractor to Consto on the 10,000 sqm new terminal.
• Schneider ElectriccoreTechnology or IntegrationStrategic technology and energy efficiency partnership. JM Hansen was the first in the Nordics to achieve Master EcoXpert certification from Schneider Electric. Schneider Electric provides energy management and automation technology that JM Hansen implements in customer projects and earned the EcoXpert Award for best modernization project.
• EFO, RENAS, NHO ElektrominorStrategic or Co-development PartnerJM Hansen participates in a joint industry project with EFO ( Elektroforeningen), RENAS, and NHO Elektro focused on increasing reuse and circular business models for electrical and electronic products (EE products) in the construction industry. Aims to reduce the world's fastest-growing waste stream.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Eltel Group: Eltel is a Northern European technical field-service provider focused on power and communication networks, including substations and grid services. It is comparable to JM Hansen's infrastructure and maritime electrical contracting scope.
• Bravida: Bravida is the largest Nordic-based technical installation and service contractor, providing electrical, HVAC, and automation solutions across Sweden, Norway, Finland, and Denmark. It competes directly with JM Hansen for large commercial and infrastructure contracts in Norway.
• Sandvold Elektro: Sandvold Elektro is a Norwegian electrical contractor serving commercial, industrial, and residential customers, including aquaculture clients. It is a comparable peer for marine and aquaculture electrical work in Norway.
• Caverion: Caverion delivers technical building services, including electrical installations, automation, and energy efficiency, across the Nordics and Baltics. Its Norwegian operation overlaps with JM Hansen's full-service electrical and automation offering for industrial and public buildings.
• Assemblin: Assemblin is a major Nordic installer of electrical, heating/sanitation, and ventilation systems with growing Norwegian operations. It is a direct peer in delivering multi-technical installations to commercial, industrial, and infrastructure clients.
• Heimdal Elektro: Heimdal Elektro is a mid-sized Norwegian electrical contractor based in the Trondheim area, focused on commercial and residential projects in Trøndelag. It is a regional peer to JM Hansen Midt's residential and SMB service business.
• GK Gruppen: GK is a leading Norwegian technical contractor specializing in ventilation, electrical, automation, and energy solutions for commercial and public buildings. It is a direct competitor in JM Hansen's HVAC and electrical service market.
• OneCo: OneCo is a Norwegian electrical and telecom infrastructure contractor serving power utilities, telecom operators, and industrial clients nationwide. It overlaps with JM Hansen's electrical contracting and service/maintenance offerings.

Market position

Strengths5 records

Weaknesses1 record

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/jmhansen.no
• LinkedInlinkedin.com/company/jmhansen-as
• Xx.com/jmhansenas

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 JM Hansen