Affarsverken

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.

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

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

• District heating
• Electricity supply
• Fiber broadband
• Waste recycling services
• Solar energy

Headquarters

HQ city

Karlskrona

HQ country

Sweden

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. Archipelago Traffic (Skärgårdstrafik): Ferry and boat transportation serving Karlskrona's archipelago islands. Revenue from ticket sales, charter bookings (weddings, events, parties), and freight transport.
7. EV Charging (Laddstationer): Electric vehicle charging stations operated by Affärsverken. Revenue from charging sessions.
8. Battery Services: Battery storage systems for businesses providing grid support services.
9. 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

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core 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

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Karlskrona Solpark Drift Ekonomisk föreningcoreStrategic or Co-development Partner · 1 May 2019A 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 föreningcoreStrategic or Co-development Partner · 1 May 2019An 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 EnergilösningarminorChannel Partner/ Reseller/ DistributorCollaboration 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 kommuncoreOthersAffärsverken 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

Direct 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

• YouTubeyoutube.com/channel/UCqJa11NHNSh38W8ruU44v_w
• Facebookfacebook.com/affarsverken
• LinkedInse.linkedin.com/company/affarsverken
• Instagraminstagram.com/affarsverken

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 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 Affarsverken