Arne Olav Lund AS

Name

Arne Olav Lund AS

Legal name

Arne Olav Lund AS

Website

https://aol.no

Company type

Private

Founded year

1957

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Civil Engineering and Infrastructure Construction

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

Keywords

• Civil engineering services
• Water and sewer construction
• Road construction services
• Groundworks contractor
• Infrastructure construction

Headquarters

HQ city

Larvik

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Infrastructure Construction Contracts: Arne Olav Lund generates revenue by winning and executing public and private construction contracts. These are predominantly one-time project-based engagements awarded through municipal tendering, framework agreements, and negotiated samspill (collaboration) contracts. Project sizes range from ~3.8M to ~312M NOK. Revenue is recognized upon project completion milestones.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Arne Olav Lund AS is a Norwegian infrastructure contractor established in 1957 that performs groundworks, road construction, water and sewage (VA) system installation, and pier/wharf construction for municipalities, government agencies, and private developers. The company holds in-house expertise in VA engineering and design, certified plumbing trades, and specialized dewatering services via a proprietary Wellpoint suction system, and operates an electric-powered heavy equipment fleet.

Product overview

Arne Olav Lund AS is a complete infrastructure contractor offering a unified portfolio of construction services rather than a software platform. The core offerings center on Vann og Avløp (Water and Sewage) and Veianlegg (Road Construction) services, complemented by Brygge/Kai anlegg (Pier/Wharf Construction), Tomtearbeider (Site Work), Wellpoint Sugespissanlegg (Dewatering), and Støttemur av Larvikitt (Larvikite Retaining Walls). The company operates primarily as a general contractor delivering projects throughout the Østlandet region (Eastern Norway) from Kragerø in the south to Nittedal in the north, serving both public and private sector clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Water and Sewage Infrastructure Construction (VA-anlegg)
• Road Construction (Veianlegg)
• Pier and Wharf Construction (Brygge/Kai anlegg)
• Site Preparation and Groundworks (Tomtearbeider)
• Wellpoint Dewatering Services (Wellpoint Sugespissanlegg)
• VA Engineering and Design Services (VA-ingeniørtjenester og prosjektering)
• Certified Plumbing Services (Rørleggertjenester)
• Larvikite Retaining Wall Construction (Støttemur av Larvikitt)

Quantifiable outcome

• ~52,000 kg CO2e reduced per electric excavator per year vs diesel equivalent
• +4 more outcomes

Named customers10 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core, flagship / core and minor.

• Olimb Anlegg AScoreImplementation/ SI/ Consulting Partner · 1 January 2023Olimb Anlegg AS (subsidiary of Olimb Group, part of Moelven) serves as a key subcontractor on Nittedal VA på langs (EP31), providing expertise in no-dig (trenchless) methods. Olimb has VA contractor experience dating to 1957 and has positioned itself as a leading expert in trenchless methods since the 1970s. UE Holland Boring (Olimb subsidiary) performed 500m horizontal directional drilling under Numedalslågen for RV400 project.
• Peab Anlegg ASflagship / coreStrategic or Co-development Partner · 1 January 2022Peab Anlegg AS acquired and integrated Arne Olav Lund AS as a subsidiary in 2022. AOL retains its brand and operational identity while benefiting from Peab's scale and resources. The first joint project was the Nittedal VA på langs EP31 (2024), which was bid and won as an internal Peab consortium — the first such project between the two companies. Peab provides corporate governance, sustainability policies (environment, HMS, quality), and access to larger contracts.
• Rambøll Norge ASminorImplementation/ SI/ Consulting PartnerEngineering and design consultancy engaged as design partner in the Nedre Romerike Vannverk samspillsentreprise. AOL collaborated with Rambøll during the early design phase to develop optimal solutions for 3.3km Ø1000mm water pipeline north of Lillestrøm.
• Norconsult ASminorImplementation/ SI/ Consulting PartnerNorconsult AS served as the client-appointed engineering consultant (rådgiver) on the Nittedal VA på langs EP31 samspillsentreprise. Collaborated with AOL and Olimb during Phase 1 (development phase) to develop optimal solutions.
• Asplan Viak ASminorImplementation/ SI/ Consulting PartnerAsplan Viak AS served as design/engineering subcontractor on the Bærum Kommune totalentreprise (pipe bursting and upsizing of 1,230m water mains).
• Pon Equipment AS (PonCat)minorOthersPon Equipment AS (PonCat) is the Caterpillar dealer in Norway and primary equipment supplier for AOL's machine fleet. Delivered electric Cat 320 Z-Line and Cat 310 Z-Line excavators, Cat M316 wheel loaders, and Cat 335 short-tail excavator. AOL has a multi-year procurement arrangement for fleet renewal.
• NASTA ASminorOthersNASTA AS is the Norwegian dealer for Hitachi Construction Machinery. Supplied the first series 7 ZX155WT-7 Hitachi wheel loader in Norway to AOL. Machine equipped with Xsite Pro GPS (Hella Maskin) and OilQuick coupler.
• Applied Hydrogen ASminorStrategic or Co-development PartnerApplied Hydrogen AS is collaborating with AOL on the development and introduction of hydrogen-powered construction machinery. AOL is working actively toward incorporating hydrogen-based drivetrains into its fleet alongside battery electric and diesel options.
• Larvikittblokka ASminorOthersLarvikittblokka AS supplies Larvikitt stone blocks used for retaining walls and other purposes in AOL projects. Larvikitt is a distinctive natural stone from the Larvik region. Used on Stoa VA Sanering (Langesund) and other projects as an alternative to concrete.
• Kjell Foss ASminorOthersKjell Foss AS serves as the blasting subcontractor on the RV400 Yttersøveien–Faret project, providing rock blasting services for the challenging terrain between the road and Numedalslågen river.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Regional players

• Consto AS: Privately held Norwegian contractor with strong regional presence in Eastern Norway, delivering civil works, building construction and infrastructure. Competes with AOL on smaller-to-mid Østlandet municipal infrastructure and groundwork tenders.

Broad incumbents

• Skanska Norge AS: Norwegian arm of global contractor Skanska. Active across infrastructure, building construction and civil works in Norway and a direct competitor on Østlandet infrastructure projects; AOL also acts as a groundwork/VA subcontractor to Skanska on projects such as Husøy Havn, Tønsberg.
• NCC Industry AS: Norwegian infrastructure arm of Nordic contractor NCC, focused on paving, aggregates, road services and civil works. Competes with AOL on Østlandet road and infrastructure framework agreements with municipalities and the public sector.
• Veidekke ASA: One of the largest Nordic contractors, with a sizable Norwegian civil construction arm covering roads, water/sewer, groundworks and tunneling. Competes with AOL on Østlandet infrastructure tenders while also operating in buildings, real estate development and asphalt production.
• AF Gruppen ASA: Listed Norwegian contractor active in civil engineering, building, environmental remediation and offshore. Its civil segment (roads, infrastructure, groundworks) competes with AOL on municipal Østlandet tenders, with broader sector exposure than AOL.

Direct peers

• Mesta AS: Norway's largest dedicated road and infrastructure contractor/operator (formerly Statens Vegvesen's production division). Mesta competes directly with AOL on Østlandet road rehabilitation, VA adjacent contracts and framework agreements with municipalities and Statens Vegvesen.
• Hæhre Entreprenør AS: Norwegian infrastructure contractor specializing in roads, tunnels and major civil works. Operates across Østlandet and competes with AOL on the same municipal road, cycling-path and ground-improvement tenders, including large framework agreements.
• Peab Anlegg AS: AOL's parent company since 2022 and direct Norwegian infrastructure contractor. Peab Anlegg operates the full civil/infrastructure portfolio (roads, bridges, tunnels, groundworks) across Norway, with significant overlap in Østlandet VA and road works and is now bidding jointly with AOL on large municipal contracts such as Nittedal VA på langs.
• Olimb Anlegg AS: Norwegian VA infrastructure specialist (Moelven-owned) with trenchless/no-dig expertise dating to 1957. Currently a sub-contractor to AOL on Nittedal VA på langs, but a direct competitor on no-dig VA rehab and pipe-bursting works in Eastern Norway.

Emerging players

• Isach Anlegg AS: Smaller Norwegian infrastructure and groundwork contractor, regional focus in Eastern Norway. Competes with AOL on municipal framework agreements for road, water/sewer and site preparation work at a smaller project scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ArneOlavLund
• LinkedInlinkedin.com/company/arne-olav-lund-as
• Instagraminstagram.com/arneolavlundas

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Arne Olav Lund AS