Elektro

What Elektro does

Elektro AS, operating under the brand Elektrogruppen, is a privately-held Norwegian total technical contractor founded in 1946 and headquartered in Bodø. The company delivers integrated electrical installation, plumbing (VVS), ventilation, building automation, alarm and security, telecommunications, EV charging, and solar energy services across four customer segments: commercial/industrial, residential, maritime, and public sector. Its core product is "Totalteknisk entreprise" — single-point-responsibility delivery of all building technical systems under one contract — enabled by cross-protocol automation expertise (KNX, DALI, Modbus, Bacnet-IP), BIM-enabled design and engineering consulting capabilities, and in-house project management.

The company operates through 15+ wholly-owned or majority-owned subsidiaries spanning Nordland county and adjacent regions, including Elektro Bodø AS, Nilsson AS (plumbing), Elektro Mo AS, Elektro Ofoten AS, Lofoten Elektro AS, Elektrikern Mosjøen AS, and Helgeland Ventilasjon AS. With approximately 690 employees, Elektro serves as total technical subcontractor on major construction projects (e.g., Wood Hotel Bodø, Hunstadsenteret, City Nord, Narvik Helsehus, Posthusgården) and provides long-term service agreements managed via the Norik platform. Customer base includes Nordlandssykehuset HF (multi-phase healthcare contract valued at ~300M NOK), Avinor Flysikring, Bodø Kommune, Nordland Fylkeskommune, Coop Nordland SA, Nordvik AS, Gigante Salmon, and Fjord1.

Revenue is generated primarily through project-based fixed-price contracts supplemented by recurring service and maintenance agreements and direct-to-consumer residential work. Distribution is regional and direct: enterprise field sales engage property developers, municipalities, and government entities, while residential customers book through the website and regional offices. The company has pursued growth through targeted acquisitions in the Helgeland region (Elektrikern Mosjøen AS in 2021, Helgeland Ventilasjon AS in 2023), launched the Elektroakademiet internal training platform in 2022, and maintains membership in industry associations (Nelfo, Elfag, Konekta) and technology partnerships (Assa Abloy, SolarEdge, SystemHouse Solutions). Pricing is quote-based and not publicly disclosed.

Name

Elektro

Legal name

Elektro AS

Website

https://elektro.no

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

1–10 employees

Short description

Elektrogruppen is a Norwegian privately-held total technical contractor founded in 1946, delivering integrated electrical, plumbing, ventilation, automation, and security services to commercial, public, maritime, and residential clients across Northern Norway via 15+ subsidiaries and approximately 690 employees.

Ownership category

akta.pro rank

Product category

Technical Contracting Services

akta.pro primary industry

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

akta.pro secondary industries

Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Power Plant Retrofit, Life Extension & Environmental Controls EPC (FGD/SCR/ESP) (EUAEAAAO)

Keywords

• Technical contracting services
• Electrical installation services
• Building automation systems
• Plumbing and ventilation
• Security and alarm systems

Headquarters

HQ city

Bodø

HQ country

Norway

HQ region

Europe

Offices17 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Project-based contracting: Revenue primarily generated through fixed-price contracts for new construction, renovation, and modernization projects for commercial, public, and residential clients
2. Service agreements (Driftsavtaler): Ongoing service and maintenance contracts providing recurring revenue from established client relationships
3. Residential services: Direct services to private homeowners for electrical work, plumbing, and home automation

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Elektrogruppen is a total technical contractor delivering integrated electrical installation, plumbing (VVS), ventilation, building automation, alarm and security, telecommunications, EV charging, and solar energy services. The company serves commercial, public sector, residential, and maritime clients across Northern Norway through project-based contracts, service agreements, and direct-to-consumer handyman services, operating 15+ subsidiary companies under the Elektro brand.

Product overview

Elektrogruppen is a total technical services provider offering integrated electrical, automation, plumbing (VVS), ventilation, and security systems services primarily in Northern Norway. The company operates as a multi-service technical contractor rather than a software product company, delivering both residential and commercial services including electrical installation, building automation (KNX, DALI, Modbus, Bacnet-IP), alarm and security systems, EV charging, solar energy with SolarEdge monitoring, telecommunications, and maritime electrical services. The product portfolio centers on service offerings rather than software products, with Elektroakademiet serving as an internal training academy supporting the workforce. Key service areas include project management, engineering consulting, and total technical contracting that combine multiple disciplines. The company serves private, commercial, industrial, and public sector customers across Northern Norway.

Differentiator

Problem solved

Functional benefit

Products and services

• Elektroinstallasjon (Electrical Installation) Complete electrical installation solutions for public institutions, commercial businesses, and industry, including high-voltage installations, low-voltage installations, backup power systems, panel production, heating systems, and lighting design.
• Automasjon (Automation) Building automation and control systems using protocols such as KNX, DALI, Modbus, and Bacnet-IP. Systems control lighting, heating, cooling, and security with focus on energy efficiency and flexible functionality.
• Alarm og sikkerhet (Alarm and Security) Security systems including locking systems, access control, door automation, intercom systems, code locks, and complete door environments for residential, commercial, and public buildings.
• Ventilasjon (Ventilation) Ventilation systems for buildings including air, heating, cooling, and lighting control systems that are automated to provide energy-efficient buildings that can be easily monitored.
• VVS og Rørlegging (Plumbing) Plumbing and pipefitting services for both commercial and residential properties, including installation, maintenance, and renovation of water and heating systems.
• Elbillader (EV Charging) Electric vehicle charging solutions for residential complexes, housing cooperatives, businesses, and commercial buildings. Includes charging stations with load management and payment solutions.
• Solcellepanel og solenergi (Solar Panels and Solar Energy) Solar panel installation using SolarEdge inverters and optimizers, providing complete overview of the entire system at panel level with real-time performance monitoring via PC, mobile, or tablet.
• Prosjektering og rådgivende ingeniørtjenester (Engineering and Consulting Services) Engineering and consulting services for new construction or rehabilitation of existing buildings. Covers electrical installation, telecommunications, alarm and security, locks and hardware, automation, ventilation, and plumbing with BIM capabilities.
• Prosjektledelse og gjennomføring (Project Management and Execution) Professional project management services with decades of experience in large and complex project deliveries. Ensures control over quality, costs, schedule, and site safety using proven methodology.
• Totalteknisk entreprise (Total Technical Contracting) Complete technical contracting services combining multiple disciplines including electrical, plumbing, ventilation, and automation under one contract, providing single-point responsibility for total building solutions.
• Maritim elektroinstallasjon (Maritime Electrical Installation) Maritime electrical installation including high-current electrical work and electronics for the maritime sector, including service agreements and internal control for maritime clients.
• Serviceavtaler (Service Agreements) Ongoing service agreements for maintenance and support of technical installations, using Norik system for tracking, inspections, deviation management, and reporting.

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• NorikcoreTechnology or Integration · 1 February 2020Service agreement management system (Norik Web and Norik Mobil) for handling service contracts and internal control. Enables mobile-based inspections, deviation management, and automated reporting for 8+ group companies.
• Assa AbloycoreTechnology or IntegrationPrimary supplier for locking systems and hardware. As Norway's largest supplier in locks and hardware, Assa Abloy (formerly TrioVing) provides quality security products for the company's locking and access control installations.
• Hent AScoreStrategic or Co-development PartnerMain contractor partnership on major construction projects including Meløy helse- og velferdssenter and Wood Hotel Bodø. Elektro serves as total technical subcontractor.
• Lafopa Industrier AScoreImplementation/ SI/ Consulting PartnerPartnership for process plant installations at wastewater treatment facilities (Stokkvika and Mørkvedbukta). Lafopa handles process equipment while Elektro delivers electrical and automation systems.
• Konekta (formerly Norsk Rørallianse)coreChannel Partner/ Reseller/ DistributorNational network of large local plumbing contractors. Nilsson AS participates in this cooperative network for purchasing power and best practices sharing.
• NelfominorChannel Partner/ Reseller/ DistributorIndustry association membership providing access to network of electrical contractors and collective bargaining agreements.
• ElfagminorChannel Partner/ Reseller/ DistributorIndustry association for electrical contractors providing collective representation and purchasing benefits.
• Gunvald Johansen Bygg AScoreStrategic or Co-development PartnerLong-term partnership on multiple construction projects including Hunstadsenteret, Kvartal 99, ByParken, and City Nord. Elektro serves as total technical subcontractor.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• OneCo: Norwegian technical infrastructure services company providing electrical, telecom, and automation solutions. Comparable to Elektro in technical contracting with overlapping capabilities in electrical installation, automation, and infrastructure projects.
• Caverion: Nordic MEP and technical services leader providing building solutions, industrial services, and infrastructure across the Nordics. Directly comparable to Elektro as a multi-disciplinary technical contractor with similar service offerings in electrical, HVAC, automation, and security for buildings.
• Bravida: Leading Nordic technical installation and service company providing electrical, plumbing, HVAC, and security installations. Directly comparable to Elektro in total technical contracting for commercial, public, and residential buildings across the Nordic region.
• GK Gruppen: Norwegian technical contractor specializing in heating, plumbing, ventilation, and electrical installations for buildings. Closely comparable to Elektro as a domestic peer offering multi-discipline technical services with similar public sector focus.
• Assemblin: Nordic technical installation and property services company operating in electrical, plumbing, HVAC, and security. Comparable to Elektro as a multi-discipline technical contractor serving commercial, public, and residential markets across the Nordics.
• Eltel: Nordic technical service provider focused on power and communication networks. Comparable to Elektro in technical field services and infrastructure installation, with overlap in electrical contracting though with greater focus on power grid and telecom networks.

Broad incumbents

• Skanska Norge: Large Swedish/Norwegian construction company with significant building services operations. Indirect competitor as a larger incumbent that handles technical installations as part of broader construction projects, operating at much greater scale than Elektro.
• AF Gruppen: Major Norwegian contracting group operating in building, civil engineering, and energy. Comparable to Elektro as a contracting peer with technical services capabilities, though operating at a much broader scale and more diversified across construction segments.
• YIT: Finnish construction and building services company with operations across Northern Europe. Comparable to Elektro as a broad incumbent in building solutions and technical services, though at substantially larger scale and with broader geographic footprint.

Others

• Multiconsult: Norwegian engineering consultancy providing technical advisory and design services. Adjacent peer to Elektro as a Norwegian technical services firm, though operating in consultancy and engineering rather than contracting and installation.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/elektrogruppen
• LinkedInlinkedin.com/company/elektro-bod-as

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries17 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 Elektro