What Risa AS does

Risa AS is a privately held Norwegian construction and civil engineering contractor headquartered in Nærbø, Rogaland, and one of Norway's largest anleggsentreprenører. Founded in 1948 by the Risa brothers and now led by third-generation family CEO Bjørn Risa, the company operates across Norway with approximately 600 skilled employees, a modern machine and equipment fleet, and wholly-owned subsidiaries Bjørns Hage og Anlegg AS (landscaping) and Rental.one (equipment rental) within the R Konsern group.

The company's service portfolio spans four pillars: Store prosjekt (large infrastructure including roads, tunnels, railways, airports, sports facilities, and schools); Anlegg (energy and commercial construction including wind power, hydropower, dams, and demolition/recycling); Drift og vedlikehold (long-term road and tunnel operations contracts); and Anleggstjenester & utleie (specialized services including rock anchoring, blasting, equipment rental, quarries, surveying, traffic management, and transport). Notable technology investments include the R-NOVA IoT tunnel monitoring system launched November 2025 in partnership with Statens vegvesen, and a biochar production facility opened November 2024 that sequesters an estimated 420 tonnes of CO2 annually.

Risa generates revenue primarily through competitive public tendering for government infrastructure projects and direct contracts with private energy, real estate, and industrial clients, supplemented by equipment rental, aggregates sales from multiple quarries, and ongoing maintenance service contracts (typically 5-7 years). Major clients include Statens vegvesen, Bane Nor, Nye Veier, Avinor, Agder Energi, Statnett, and Stavanger Kommune, with contract values routinely ranging from 100M to 800M NOK. The company also pursues sustainability innovation (Ekta Vare compliance program since 2014, apprenticeship pipeline targeting 10% of workforce) as competitive differentiators in the public tender market.

Name

Risa AS

Legal name

Risa AS

Website

https://risa.no

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

251–500 employees

Short description

Risa AS is a Norwegian family-owned construction and civil engineering contractor founded in 1948, operating across Norway with ~600 employees through four service pillars: large infrastructure projects, energy and commercial construction, road and tunnel maintenance, and specialized services including equipment rental and quarrying.

Ownership category

akta.pro rank

Product category

Civil Engineering and Infrastructure Construction

NAICS

Utility System Construction (2371)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF)

akta.pro secondary industry

Hydropower EPC & Construction (Civil Works, Electromechanical) (EUACAEAF)

Keywords

• Civil engineering construction
• Road construction services
• Tunnel construction
• Infrastructure contracting
• Heavy equipment rental

Headquarters

HQ city

Nærbø

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Infrastructure Construction Contracts: Risa AS generates revenue primarily through construction contracts for public infrastructure including roads, tunnels, railways, airports, sports facilities, schools, and energy infrastructure. Projects range from small assignments to large-scale national infrastructure projects exceeding 500 million NOK.
2. Road Maintenance and Operations Contracts: Long-term operational contracts for road maintenance including snow removal, salting, mowing, vegetation management, and general road upkeep. Contracts typically run 5-7 years with options for extension. Examples include the Stavanger contract (510M NOK, 2022-2027) and Telemark contract (659M NOK, 2026-2031).
3. Equipment Rental Services: Rental of construction equipment with operators including excavators, dumpers, wheel loaders, dozers, and surveying equipment. Also includes rental of crushing plants and specialized machinery.
4. Aggregates and Materials Sales: Extraction and sale of stone and mass materials including crushed stone, gravel, and fill material from multiple quarries across Jæren, Haugalandet, and Sirdal regions. Mobile crushing plants available for external assignments.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Risa AS is a Norwegian construction and civil engineering contractor that delivers infrastructure construction, road maintenance, and specialized heavy-civil services. The company builds roads, tunnels, railways, airports, energy infrastructure (hydro and wind), and commercial buildings, and operates long-term road operations and maintenance contracts for government agencies. It also rents heavy equipment with operators and produces aggregates from owned quarries.

Product overview

Risa AS is one of Norway's largest construction and civil engineering companies (anleggsentreprenør), operating as a unified portfolio of interconnected construction service divisions rather than a single software product. The core offering spans four main pillars: (1) Store prosjekt for large infrastructure projects including roads, tunnels, railways, airports, sports facilities, and schools; (2) Anlegg for energy construction including wind power, hydropower, dams, and commercial buildings plus demolition and recycling; (3) Drift og vedlikehold for road and tunnel operations and maintenance contracts; and (4) Anleggstjenester & utleie providing specialized services including rock anchoring/blasting, equipment rental, crushing/quarries, surveying, traffic management, and transport. Technology products include R-NOVA (IoT-based tunnel monitoring) and the biokull (biochar) production facility. The company operates across all of Norway with approximately 600 employees.

Differentiator

Problem solved

Functional benefit

Products and services

• Store prosjekt (Large Projects) Major infrastructure construction including roads, tunnels, railways, airports, sports facilities, schools, and field development for public and private clients across Norway.
• Anlegg (Energy and Commercial Construction) Construction of hydropower plants, wind farms, dams, transformer stations, commercial buildings, cabin areas, and industrial parks for energy companies, developers, and private enterprises.
• Drift og vedlikehold (Road Operations and Maintenance)

Quantifiable outcome

• 420 tonnes CO2 bound annually
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Statens vegvesencoreStrategic or Co-development Partner · 1 November 2025Strategic partnership for developing and testing R-NOVA tunnel maintenance technology. Statens vegvesen has deployed R-NOVA in Byfjordtunnelen and collaborates closely with Risa to develop and test new solutions for sustainable road operations. This is described as a pioneering collaboration to find and test new solutions for sustainable road management.
• R-KonserncoreOthersRisa AS is part of the R-Konsern (R-Group), a corporate group including Bjørns hage og anlegg (BHA) and Rental.one. Being part of the R-Group provides access to a larger professional community with many exciting opportunities. The Group website is r1948.no.
• Bjørns hage og anlegg (BHA)minorOthersSubsidiary company within R-Konsern focusing on landscaping and garden services, with its own careers page separate from Risa.
• Rental.oneminorOthersRental equipment company within R-Konsern offering job opportunities in the equipment rental business.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Skanska: Swedish-origin global construction and infrastructure developer with significant Nordic heavy civil operations. Skanska is a broad incumbent that competes on the largest Norwegian road, rail, and tunnel tenders and brings far greater capital and international scale than Risa.
• NCC: NCC is a major Nordic construction and infrastructure company with strong Norwegian road and civil engineering operations. It overlaps with Risa in road construction, asphalt, and infrastructure maintenance, but operates across the Nordic region rather than just Norway.
• Peab: Peab is a large Swedish construction and civil engineering group with growing operations in Norway covering roads, groundworks, and infrastructure. It competes on similar Norwegian civil tenders and benefits from a broader Nordic footprint.

Direct peers

• Veidekke: Veidekke is one of the largest Scandinavian contractors with substantial Norwegian heavy civil operations including roads, rail, and airports. It competes head-to-head with Risa on Norwegian public infrastructure tenders and operates a similar contracting plus maintenance model.
• Kruse Smith: Kruse Smith is a Norwegian contractor with comparable civil engineering, building, and infrastructure capabilities, headquartered in Kristiansand. Risa works with Kruse Smith as a prime contractor or subcontractor on overlapping projects in southern Norway, making them direct regional peers.
• Consto: Consto is a Norwegian contractor active in building construction and civil engineering projects including commercial buildings and groundworks. It competes with Risa on commercial building groundwork, concrete work, and select civil engineering tenders in Norway.
• AF Gruppen: AF Gruppen is a leading Norwegian civil and building construction contractor with comparable capabilities in roads, rail, energy, and environmental projects. It is a direct competitor for the same Statens vegvesen, Bane Nor, and private-sector tenders that Risa bids on, and is also a prime contractor for which Risa sometimes serves as subcontractor.
• Hæhre Entreprenør: Hæhre Entreprenør is a major Norwegian heavy civil contractor specializing in road construction, large infrastructure, and mass transport, closely mirroring Risa's core store-prosjekt offering and competing for the same Statens vegvesen mega-contracts.

Regional players

• YIT: YIT is a Finnish construction and infrastructure company with operations across the Nordics and Baltics. It is a regional peer rather than direct Norwegian competitor, but comparable in heavy civil and infrastructure services scope and relevant for benchmarking Nordic construction economics.

Others

• Multiconsult: Multiconsult is a Norwegian engineering and design consultancy that frequently partners with or advises the same public infrastructure clients that Risa serves. It is adjacent rather than directly competitive, but operates in the same Norwegian infrastructure ecosystem and is useful for ecosystem mapping.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCedLWGYCVuy8i2hus4eoRYQ
• Facebookfacebook.com/Risa1948
• Instagraminstagram.com/risa1948

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 Risa AS