Affarsverken
Affärsverken is a municipal-owned multi-utility in Karlskrona, Sweden, providing renewable electricity, fossil-free district heating, fiber broadband, waste management, EV charging, solar energy, IoT services, and archipelago ferries to residential and business customers across the municipality.
- Company typePrivate
- Founded1907
- HeadquartersKarlskrona, Sweden
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Affarsverken does
Affärsverken Karlskrona AB is a municipal-owned multi-utility company (kommunägt bolag) wholly owned by Karlskrona kommun, headquartered in Karlskrona, Sweden. Founded in 1907, the company operates an integrated portfolio of essential infrastructure services for the municipality, including electricity supply and regulated distribution (elnät), fossil-free district heating from the 42 MW Kraftvärmeverk Karlskrona and supporting peak-load plants, a 6 MW solar park (Karlskrona Solpark), household and commercial waste collection and the Mältan recycling center, fiber broadband via the city stadsnät (10-10,000 Mbit/s), EV charging stations, battery storage for grid services, IoT solutions (humidity and leak detection, smart city), and archipelago ferry services (Skärgårdstrafiken). The mobile app integrates consumption monitoring, spot prices, EV charging control, and solar production tracking.
The company's underlying technology stack combines a biofuel-powered combined heat and power plant with flue gas condensation (adding ~7 MW of heating capacity), real-time electricity meters, cloud-based climate control, smart building heating management (Smart Heat Building), and an IoT sensor network. All electricity sold is sourced 100% from renewables (solar, wind, hydro, biofuel); all district heating is 100% fossil-free (77.1% renewable biofuels and 22.9% recovered energy in 2024). Kraftvärmeverk Karlskrona produced 41.7 GWh of electricity in 2024, and the company purchases surplus electricity from 300+ micro-producers.
Affärsverken generates revenue primarily through subscription/recurring fees across nine streams: electricity supply, electricity grid (network fees), district heating, waste collection, fiber/broadband, battery services, solar co-ownership, EV charging (usage-based), and ferry/charter services (transaction fees). Pricing models include fixed-price and spot-price electricity contracts, multi-year heating service packages (5-year fixed prices), and direct-ownership solar investments starting at 50 kW minimum. The company serves residential households, businesses, multi-dwelling properties (flerbostadshus), telecom service providers operating on its stadsnät, and archipelago residents/visitors, distributed across the entire Karlskrona municipality. All profits are reinvested locally into municipal services under the kommun ownership model.
Affarsverken firmographics
Firmographics- Name
- Affarsverken
- Legal name
- Affärsverken Karlskrona AB
- Website
- https://affarsverken.se
- Company type
- Private
- Founded year
- 1907
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Affärsverken is a municipal-owned multi-utility in Karlskrona, Sweden, providing renewable electricity, fossil-free district heating, fiber broadband, waste management, EV charging, solar energy, IoT services, and archipelago ferries to residential and business customers across the municipality.
- Ownership category
- akta.pro rank
Affarsverken industry classification
Industry- Product category
- Multi-Utility Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Electric Services (4911), Cogeneration Services & Small Power Producers (4991), Refuse Systems (4953)
- akta.pro primary industry
- Microgrid Development, EPC & Integration (EUAMAJAB)
- akta.pro secondary industries
- DER Aggregation & Virtual Power Plants (VPPs) (EUAMAJAC), Engine Generator & Microgrid Power Plant EPC (Diesel/Gas Recip) (EUAEAAAJ), DER & Microgrid Interconnection / Grid Edge Integration Services (EUAEANAF), Interconnection, Permitting & Grid Services for DERs (EUAMAJAH)
Keywords
Where Affarsverken is headquartered
LocationHeadquarters
- HQ city
- Karlskrona
- HQ country
- Sweden
- HQ region
- Europe
Offices9 records
Markets served
Affarsverken business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D
Revenue model
- Electricity (Elhandel): Sale of electricity to residential and business customers. Customers choose between fixed-price contracts, variable/spot-price contracts, or managed portfolio contracts. Electricity is sourced from 100% renewable sources (solar, wind, hydro, bio-fuel). Revenue is generated through energy charges, base fees, and portfolio management fees.
- Electricity Grid (Elnät): Operation and maintenance of the electricity distribution network in Karlskrona. Revenue comes from fixed network fees based on fuse subscription size and variable transmission fees based on consumption.
- District Heating (Fjärrvärme): Production and distribution of district heating to homes and businesses in Karlskrona. Customers pay connection fees, energy prices, and optionally rent or purchase the heating unit. Revenue model includes fixed monthly fees and consumption-based charges.
- Waste Services (Avfallstjänster): Collection of household waste, garden waste, sludge, and container rental for residential and business customers. Revenue from subscription-based waste collection agreements.
- Fiber and Broadband (Stadsnät): Fiber optic network and broadband services via Karlskronas stadsnät. Services from 10 to 10,000 Mbit/s. Multiple service providers operate on the network. Revenue from connection fees and service subscriptions.
- Archipelago Traffic (Skärgårdstrafik): Ferry and boat transportation serving Karlskrona's archipelago islands. Revenue from ticket sales, charter bookings (weddings, events, parties), and freight transport.
- EV Charging (Laddstationer): Electric vehicle charging stations operated by Affärsverken. Revenue from charging sessions.
- Battery Services: Battery storage systems for businesses providing grid support services.
- Solar Energy (Solenergi): Solar energy products including Karlskrona Solpark co-ownership, solar cell packages for homes and businesses, and sale of surplus electricity from micro-producers. Revenue from solar panel sales/installation, co-ownership fees, and electricity purchases from micro-producers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Serviceavtal Grundpaket (Basic Service Package) – Annual preventive maintenance visit with protocol provided. |
| Subscription | Multi-year contract | Serviceavtal Utökat (Extended Service Package) – Includes basic package plus replacement of defective components for heating and hot water, plus adjustments. Fixed price for 5-year binding period. |
| Subscription | Multi-year contract | Fjärrvärme Hyra (District Heating Rental) – Rental of heating unit including installation and service. Monthly fee fixed for 5 years. |
| One time/ perpetual license | Pay-as-you-go | Karlskrona Solpark Direktägande (Direct Ownership) – Minimum investment of 50 kW in the solar park. |
| One time/ perpetual license | One time/ perpetual license | Fjärrvärme Ansluta (District Heating Connection) – Connection to district heating network without purchasing or renting the unit. |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
Affarsverken product offering
Product offeringCore offering
Affärsverken is a municipal-owned multi-utility company serving Karlskrona, Sweden. It supplies 100% renewable electricity and grid services, fossil-free district heating, waste collection and recycling, fiber/broadband, solar energy, EV charging, battery storage, IoT services, and archipelago ferry transport.
Product overview
Affärsverken is a multi-utility company providing integrated infrastructure services for Karlskrona. The portfolio includes electricity trading (Elhandel) and grid services (Elnät) supplying 100% renewable energy; district heating (Fjärrvärme) from three biofuel-powered plants; solar solutions via Karlskrona Solpark co-ownership and individual Solcellspaket; battery storage and EV charging infrastructure; smart energy services (Smarta energitjänster) with real-time meters, cloud climate control, and Smart Heat Building; fiber broadband (Fiber och Bredband) through the city network with 10-10,000 Mbit/s; IoT solutions; waste collection and recycling (Avfallstjänster, Återvinningsplatser); archipelago ferry services (Skärgårdstrafik); and a mobile app. The Kraftvärmeverk Karlskrona on Mältan co-locates power generation with the Mältan recycling center. Services are managed through a unified customer app integrating consumption monitoring, spot pricing, and energy management.
Differentiator
Problem solved
Functional benefit
Brands
- Karlskrona Solpark: Solar park providing shared ownership in solar energy production for residents
- Skärgårdstrafiken
- Mältan
Products and services
- Elhandel (Electricity Trading) Green electricity supply from 100% renewable sources including solar, wind, hydro, and biofuel, for residential and business customers with fixed, variable/spot, or managed portfolio contracts.
- Elnät (Electricity Grid) Operation and maintenance of the electricity distribution network in Karlskrona, with fixed network fees based on fuse subscription size and variable transmission fees.
- Fjärrvärme (District Heating) District heating and cooling services delivered from biofuel-powered plants (Kraftvärmeverk Karlskrona, Väster Udd, Gullberna) using 100% fossil-free renewable fuels for homes and businesses.
- Karlskrona Solpark A 6 MW solar park offering co-ownership where members invest in solar panel shares and receive returns based on energy production.
- Solcellspaket (Solar Cell Packages) Solar cell installations for residential and business properties, installed via partner Nordiska Energilösningar.
- Mikroproduktion (Sell Surplus Electricity) Service allowing customers with their own solar installations to sell excess electricity back to the grid.
- Batteri (Battery Storage) Battery storage solutions supporting grid services and storing solar energy for businesses and multi-dwelling buildings.
- Laddstationer för elfordon (EV Charging Stations) Electric vehicle charging stations available for public and business use, billed per charging session.
- Smarta energitjänster (Smart Energy Services) Smart energy offerings including real-time electricity meters, cloud-based climate control, Smart Heat Building, and energy rounds for efficient building energy management.
- Fiber och Bredband (Fiber and Broadband) City fiber network and broadband services offering internet speeds from 10 to 10,000 Mbit/s, with multiple service providers operating on the network.
- Internet of Things (IoT) IoT solutions including customized systems, humidity measurement, leak detection, and smart city applications.
- Serverhall (Server Hall) Data center / server hall facilities for businesses requiring dedicated hosting infrastructure.
- Avfallstjänster (Waste Services) Household waste collection, garden waste, container rental, sludge disposal, and pickup scheduling for residential and business customers.
- Återvinningsplatser (Recycling Facilities) Recycling centers including Mältan (Karlskrona's largest), packaging/tidings drop-off, bulky waste, and reuse facilities.
- Skärgårdstrafik (Archipelago Traffic) Ferry services connecting archipelago islands, operated by a local fleet, with scheduled routes, freight transport, and charter options for weddings, parties, and events.
- Affärsverkens App Mobile application for tracking electricity and district heating consumption, viewing spot prices, managing invoices, energy-saving tips, controlling EV charging, and monitoring solar production.
Quantifiable outcome
- Karlskrona Solpark produces ~6,000 MWh/year, equivalent to ~400 average villa annual consumptions
- +3 more outcomes
Companies that use Affarsverken
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles3 records
Affarsverken technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature10 records
Affarsverken partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Karlskrona Solpark Drift Ekonomisk föreningcoreA registered economic association that owns and operates the Karlskrona Solpark (6 MW solar park). All direct owners in the solar park must be members. The association handles ongoing operations and maintenance, and distributes revenue and costs to all members. Affärsverken provides administrative and maintenance services under a partnership agreement.
- Solfördelarna Ekonomisk föreningcoreAn economic association that purchases shares in solar installations and sells memberships to customers who want to co-own solar panels without installing them on their own property. Solfördelarna buys part of the Karlskrona Solpark and sells shares to members. Members receive deductions on their Affärsverken invoice for their share ownership.
- Nordiska EnergilösningarminorCollaboration partner for solar cell installations for homes and businesses. Performs installation work on properties, marketed through Affärsverken's solar energy pages. Customers are referred to Nordiska Energilösningar via Affärsverken's website for villa solar packages.
- Karlskrona kommuncoreAffärsverken is a municipal-owned company (kommunägt bolag). Karlskrona kommun is the owner and shareholder. The company reports to the municipality and reinvests profits into municipal services including healthcare, schools, and infrastructure. The municipality also receives data from Affärsverken for property and address records.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Affarsverken competitors and assessment
Company assessmentDirect peers
- Skellefteå Kraft: Municipally-owned Swedish energy company focused on renewable generation (hydro, wind, biomass). Comparable in ownership type and Swedish multi-generation portfolio to Affärsverken.
- Mälarenergi: Municipal utility in Västerås offering electricity, district heating, cooling, water, and broadband. Highly comparable to Affärsverken in ownership model, service breadth, and focus on community-renewable and CHP-based heat.
- Jämtkraft: Municipal utility in Östersund providing electricity, heating, and broadband. Comparable as a mid-sized Swedish kommunal energy company with renewable generation and an integrated retail/distribution offering.
- Tekniska verken i Linköping: Swedish municipal multi-utility owned by Linköping municipality operating district heating, electricity, fiber, water, and waste services. Closest functional comparable to Affärsverken in scope, ownership structure, and integrated delivery model.
- Kraftringen: Utility group owned by Lund and surrounding municipalities providing electricity, district heating, cooling, and gas. Mid-sized Swedish municipal multi-utility with similar renewable/CHP generation profile.
- Öresundskraft: Municipal utility serving the Helsingborg area with electricity, district heating, fiber, and EV charging. Comparable as a southern-Sweden multi-utility with CHP and renewable generation assets.
Broad incumbents
- Vattenfall: State-owned Swedish/Nordic utility with major CHP, heat, and renewable generation assets in southern Sweden (SE4). Useful benchmark for regulated CHP economics and district heating competition.
- Göteborg Energi: Large municipal-owned energy company serving Gothenburg with district heating, electricity, biogas, and broadband. Larger and broader in scope but overlapping in service mix and ownership structure.
- Statkraft: Norwegian state-owned renewable generator active across the Nordics including Sweden. Comparable at the level of renewable wholesale generation, hydro/solar portfolios, and Nordic power-market participation.
- E.ON Sverige: Major Swedish electricity retailer and grid operator. Overlaps with Affärsverken on retail electricity supply, grid services, and EV charging but operates at national scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Affarsverken social profiles
Digital presenceAffarsverken financial estimates
Financial estimateRevenue estimate
Valuation estimate
Affarsverken leadership team
Management profileNumber of profiles
Profiles7 records
Affarsverken subsidiaries and ownership
Company hierarchySubsidiaries2 records
Affarsverken funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Affarsverken M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Affarsverken
What does Affarsverken do?
Affärsverken is a municipal-owned multi-utility company serving Karlskrona, Sweden. It supplies 100% renewable electricity and grid services, fossil-free district heating, waste collection and recycling, fiber/broadband, solar energy, EV charging, battery storage, IoT services, and archipelago ferry transport.
Is Affarsverken a public or private company?
Affarsverken is a private company. It is classified as state government owned and is currently operating.
When was Affarsverken founded?
Affarsverken was founded in 1907. It employs 251 to 500 people.
Where is Affarsverken based?
Affarsverken is headquartered in Karlskrona, Sweden, in the Europe region.
How does Affarsverken make money?
Nine revenue lines are on record. Electricity (Elhandel) is the primary driver. The others are electricity Grid (Elnät), district Heating (Fjärrvärme), waste Services (Avfallstjänster), fiber and Broadband (Stadsnät), archipelago Traffic (Skärgårdstrafik), EV Charging (Laddstationer), battery Services and solar Energy (Solenergi).
Who are Affarsverken's main competitors?
Direct peers on record are Skellefteå Kraft, Mälarenergi, Jämtkraft, Tekniska verken i Linköping, Kraftringen and Öresundskraft. Broad incumbents are Vattenfall, Göteborg Energi, Statkraft and E.ON Sverige.
Does Affarsverken have an API?
No public API is recorded for Affarsverken.
What industry is Affarsverken in?
Affarsverken's product category is Multi-Utility Services. Its primary akta.pro industry code is EUAMAJAB, Microgrid Development, EPC & Integration, with a secondary code of EUAMAJAC, DER Aggregation & Virtual Power Plants (VPPs). Its NAICS code is 2211 and its SIC code is 4911.