Elko

What Elko does

ELKO AS is a Norwegian manufacturer of electrical installation equipment founded in 1945 and operating as a wholly-owned subsidiary of the Schneider Electric group. The company is headquartered in Oslo (postal address Postboks 6598 Etterstad, 0607 Oslo; visitor address Freserveien 1) and employs between 251 and 500 people, with operations confined to the Norwegian market. ELKO produces switches, dimmers, sockets, residual-current and overcurrent protection devices (Jordfeilbryter / Jordfeilvern), USB chargers, Flexi+ wall boxes and cable-management accessories under a portfolio of registered sub-brands: ELKO One (electrician-co-designed), ELKO RS (classic), ELKO Plus (modern Nordic with premium frame options), ELKO Havplast (recycled fishing-net plastic) and ELKO Smart (connected devices). The smart-home line integrates natively with Schneider Electric's Wiser Home platform and supports Matter and KNX protocols, spanning dimmers, switches, PIR sensors, smart plugs, smoke detectors, thermostats, radiator valves, multisensors and SpaceLogic KNX building-automation products.

The commercial model is B2B and trade-channel driven: ELKO sells through Norwegian electrical wholesale distributors serving professional electricians and contractors, complemented by direct trade engagement via the El-bonus loyalty program, the ELKO Offer Manager digital tool, recurring presence at the Eliaden trade fair, and electrician-collaborated product development. End demand comes from residential and commercial building installation and renovation activity in Norway. Pricing is not publicly disclosed and is negotiated through B2B wholesale rather than direct list pricing. Strategic emphasis in the most recent cycle has been on sustainability (Havplast), installer loyalty (El-bonus), and extension into connected-building and KNX-based building automation, while maintaining the legacy passive-installation business that has anchored the brand for eight decades.

Name

Elko

Legal name

ELKO AS

Website

https://elko.no

Company type

Private

Founded year

1945

Operating status

Operating

Headcount range

251–500 employees

Short description

ELKO AS is a Norwegian manufacturer of electrical installation equipment (switches, dimmers, sockets, smart-home devices, and protection components) serving professional electricians and the Norwegian residential and commercial building market via wholesale distribution, operating as a subsidiary of Schneider Electric.

Ownership category

akta.pro rank

Headquarters

HQ city

Åmot

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Distribution channels2 records

Marketing channels5 records

Core offering

Elko manufactures and distributes electrical installation equipment for the Norwegian market, including switches, dimmers, sockets, wall boxes, USB chargers, residual current devices, and smart home/building automation products. The portfolio spans four main design series (ELKO One, RS, Plus, Havplast) and the ELKO Smart ecosystem that integrates with the Wiser Home platform and KNX building automation systems. Products are sold primarily to professional electricians and electrical contractors through wholesale distribution channels.

Product overview

ELKO is a Norwegian electrical installation materials manufacturer with an 80-year history (celebrating 80 years in 2025) owned by Schneider Electric. The product portfolio is organized into four main switch series sub-brands: ELKO One (developed with electrician input), ELKO RS (timeless classic), ELKO Plus (modern Nordic design with premium frame options), and ELKO Havplast (sustainable marine plastic from recycled fishing nets). The smart home line branded ELKO Smart integrates with Wiser Home platform and includes SmartDim dimmers, SmartBryter switches, SmartPIR motion sensors, SmartStikk/SmartPlugg smart plugs, Smart Røykvarsler smoke detectors, smart thermostats and radiator valves, plus SpaceLogic KNX for building automation. Core electrical products include Flexi+ wall boxes, USB chargers, residual current devices (Jordfeilbryter/Jordfeilvern), and complete low-voltage solutions. ELKO also provides digital tools for electricians including ELKO Offer Manager, the El-bonus loyalty program, and training through ELKO Skolepakke for schools.

Differentiator

Problem solved

Functional benefit

Brands

• ELKO One: A product series developed in collaboration with experienced electricians.
• ELKO RS
• ELKO Plus
• ELKO Havplast
• ELKO Smart

Products and services

• ELKO One Series Modern switch and socket series developed in collaboration with experienced electricians, featuring smart home compatible products in renhvit (pure white) and sort (black) colors. Designed for professional electricians and installers of residential and commercial buildings in Norway.
• ELKO RS Series Timeless design switch series available in polarhvit (polar white), renhvit (pure white), and sort (black), suitable for both flush-mounted and surface-mounted installations in residential and commercial buildings.
• ELKO Plus Series Modern Nordic design switch series with extensive customization options including premium frame materials such as slate, steel, frosted glass, and decorative frames. Targeted at residential and commercial interior installations.
• ELKO Havplast Series Sustainable marine plastic product line made from recycled fishing nets, offering environmentally friendly electrical materials in black color as an alternative to standard plastic installations.
• ELKO Smart Smart home product line that integrates with Wiser Home platform, enabling wireless control of lighting, heating, and electrical devices via smartphone and voice assistants. Targeted at Norwegian homeowners and electricians deploying connected home systems.
• SpaceLogic KNX KNX protocol-based smart building control products for professional building automation systems in commercial buildings.
• Flexi+ Boxes Wall boxes developed specifically for electricians, available in 1M, 1.5M, and 2M sizes with fire-rated variants.
• USB Chargers USB charging solutions including wall sockets with USB ports and standalone USB chargers available across multiple product series.
• Jordfeilbryter (RCD) Residual current devices for electrical safety protection against earth leakage faults in residential and commercial installations.
• Jordfeilvern (RCBO) Combined residual current breaker and overcurrent protection devices for electrical installations.
• El-bonus Loyalty Program Loyalty and benefits program for professional electricians offering rewards and exclusive deals for continued use of Elko products.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Schneider ElectriccoreStrategic or Co-development PartnerELKO is part of the Schneider Electric group, a global leader in energy management and automation. Schneider Electric provides technological backing and global resources that support ELKO's product development, particularly in smart home and building control systems.
• Wiser HomecoreTechnology or IntegrationELKO Smart products integrate with Wiser Home platform, enabling comprehensive smart home control and automation through the ELKO Smart ecosystem.
• Experienced Electricians (Product Development)coreStrategic or Co-development PartnerELKO One product series was developed in collaboration with experienced professional electricians, ensuring products meet real-world installation needs and ease of use requirements.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Legrand: Legrand is a global specialist in electrical and digital building infrastructure, including wiring devices, switches, and connected (smart) solutions. Comparable to ELKO in wiring-device category and smart home offering, but at vastly larger global scale with multi-brand portfolio (BTicino, Legrand, etc.).
• Hager Group: Hager is a European leader in electrical installation systems, distribution boards, and building automation serving electricians and wholesale. Overlaps ELKO's switch/socket/wiring-device space but operates more broadly across distribution and protection gear; partially comparable as a family-owned European installation specialist.
• Siemens Smart Infrastructure: Siemens offers electrical installation products, building automation, and KNX-compatible systems via its Smart Infrastructure division. Comparable to ELKO in wiring-device and KNX/building automation overlap, but at much larger scale and broader portfolio than ELKO's focused Norwegian presence.
• Schneider Electric (parent level): Schneider Electric is ELKO's parent and a global leader in energy management and automation, including Wiser smart home, KNX, and full electrical installation portfolios. Included as the strategic incumbent whose product platform and channels ELKO leverages, and whose scale benchmarks ELKO's potential.

Direct peers

• Gira: Gira is a German manufacturer of switches, sockets, dimmers, KNX building automation, and smart home systems with similar product structure to ELKO and overlapping electrician/installer channel. Closely comparable as a national premium wiring-device brand that has expanded into smart home, though operating at larger scale across DACH.
• Jung (Albrecht Jung): Jung is a German premium manufacturer of switches, sockets, dimmers, and KNX-based building automation, serving electricians and architects. Highly comparable to ELKO's traditional wiring-device + smart automation portfolio with a similar design-led, professional-channel go-to-market.
• Niko: Niko is a Belgian manufacturer of switches, sockets, and smart home/building automation. Closely comparable to ELKO's product mix and European professional-channel orientation, with stronger multi-country footprint (Benelux and broader Europe).
• Busch-Jaeger (ABB): Busch-Jaeger is ABB's German electrical installation brand producing switches, sockets, dimmers, and smart home/building automation (ABB-free@home, KNX). Comparable to ELKO as a national market-leading wiring-device brand with a major global parent (ABB), analogous to ELKO's Schneider Electric relationship.

Others

• Signify (Philips Hue / Dynalite): Signify, the lighting company behind Philips Hue and professional Dynalite controls, is adjacent rather than directly competitive. Comparable as a connected lighting and lighting-control participant whose smart home offerings overlap ELKO Smart in the Norwegian consumer's mind.

Emerging players

• Lutron Electronics: Lutron is a US-based specialist in lighting controls, dimmers, and shading systems, increasingly integrated into smart home ecosystems (including Matter). Comparable to ELKO's smart dimmer/switch focus but at premium global scale; relevant as a category leader ELKO competes against in smart lighting.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@ElkoNorge
• Facebookfacebook.com/Elko.Norge
• LinkedInlinkedin.com/company/elko-as
• Instagraminstagram.com/elko_norge

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 Elko