Brødrene Ulveseth

Name

Brødrene Ulveseth

Legal name

Brødrene Ulveseth AS

Website

https://ulveseth.no

Company type

Private

Founded year

1932

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

General Construction Contracting

NAICS

New Housing For-Sale Builders (236117), Commercial and Institutional Building Construction (23622), Poured Concrete Foundation and Structure Contractors (23811)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531), General Bldg Contractors - Nonresidential Bldgs (1540), Construction - Special Trade Contractors (1700)

akta.pro primary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

akta.pro secondary industries

Office & Corporate Building Construction (IMAFACAA), Residential Luxury / High-End Home Construction (IMAFABAJ), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• General contracting services
• Concrete construction
• Property development
• Prefabricated concrete elements
• Ready-mix mortar production

Headquarters

HQ city

Godvik

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction contracting (Totalentreprise): General contracting services for new construction and rehabilitation projects. Company acts as totalentreprenør (main contractor) responsible for entire project delivery including coordination of subcontractors. Revenue recognized on a project-by-project basis.
2. Property development (Eiendomsutvikling): Through Brødrene Ulveseth Eiendom AS, the company develops residential and commercial properties for sale. The Kokstad Stasjon project (133 apartments across 7 buildings) is developed in-house through K23B AS. Revenue from property sales is one-time.
3. Element production and materials supply: Through subsidiaries Con Form Bergen (partially owned) and Vestnorsk Mørtel (wholly owned), the company produces concrete elements (hollow-core slabs, flat slabs, beams, columns, balconies, walls, stairs) and ready-mix mortar for internal use and external sales to the construction industry in Bergen region.
4. Property management (Eiendomsforvaltning): Brødrene Ulveseth Eiendom manages commercial properties in Straume Næringspark and other locations, providing rental income alongside development activities.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Brødrene Ulveseth is a totalentreprenør (general contractor) that delivers new-build and rehabilitation construction projects in the Bergen region, with in-house production across concrete, masonry, foundation work, core drilling, carpentry (added January 2026), and crane/machine operations. Through its wholly-owned property arm BU Eiendom, the company also develops residential and commercial real estate (e.g., Kokstad Stasjon, Kronstadparken, Straume Næringspark), and through affiliated Con Form Bergen and Vestnorsk Mørtel it produces prefabricated concrete elements and ready-mix mortar for both internal projects and external construction-industry customers.

Product overview

Brødrene Ulveseth is a construction contractor offering a comprehensive suite of construction services as a single unified provider. The core offering includes general contracting, concrete work, masonry, core drilling and concrete sawing, foundation work, project development, element production, hot-dip galvanizing, and ready-mix mortar production. The company expanded in January 2026 by establishing an in-house carpentry department (Tømreravdeling) to strengthen own production capabilities. Related services include real estate development through BU Eiendom, prefabricated concrete elements via the affiliated company Con Form Bergen, and ready-mix mortar through Vestnorsk Mørtel. The company operates across new construction, rehabilitation, element production, property development, and property management.

Differentiator

Problem solved

Functional benefit

Brands

• BU Eiendom: Property development division handling development, purchase and sale of commercial buildings and residential blocks
• Ulveflokken

Products and services

• General Contracting (Entreprenør / Totalentreprenør)

Quantifiable outcome

• 35% reduction in concrete use
• +6 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

Feature4 records

Partnerships

Eight partnerships are on record, tiered minor, core and major.

• Sotra SportsklubbminorGTM or Marketing Partner · 1 February 2023Main sponsor (hovedsponsor) of Sotra Sportsklubb sports club. Logo visible on jerseys and fields. Major sponsorship deal supporting children's and youth sports in the local community.
• Con Form BergencoreStrategic or Co-development PartnerCon Form Bergen is a partially owned subsidiary of Brødrene Ulveseth Eiendom. Produces concrete elements (hollow-core slabs, flat slabs, beams, columns, balconies, walls, stairs) at factory on Døsje in Øygarden. Products supplied to Brødrene Ulveseth projects (e.g., Sundt Bygget Plattendekker) and external customers. Miljøfyrtårn certified. 22 employees at Døsje factory plus smaller facility in Samnanger.
• Vestnorsk MørtelcoreStrategic or Co-development PartnerReady-mix mortar production company owned by Brødrene Ulveseth Eiendom. Located on Døsje in Øygarden alongside Con Form Bergen. Produces mortar for internal use and external sales to the construction industry in Bergen region.
• ObosmajorStrategic or Co-development PartnerCo-developer of Kronstadparken (Bergen's largest residential project: 515 apartments, commercial space, ~700 parking spaces). Obos and Brødrene Ulveseth Eiendom collaborated as developers, with Brødrene Ulveseth AS as total contractor on all phases. Kronstadparken completed 2022.
• DnB NæringseiendommajorChannel Partner/ Reseller/ DistributorBuilding owner of Sundt Bygget (Torgallmenningen 14). Brødrene Ulveseth contracted for concrete work, facade renovation, and new roof on landmark 1938 building (budget ~130M NOK). Also sells Kokstad Stasjon apartments via DnB Nybygg.
• GC Rieber EiendomcoreStrategic or Co-development PartnerLeading property developer. Multiple projects: Krohnen (BREEAM Outstanding, Solheimsviken), Marineholmen (100 housing units at kaikanten). Brødrene Ulveseth as contractor for foundation and concrete work. Krohnen nominated for architecture award. Marineholmen in collaboration phase.
• Heidelberg MaterialscoreTechnology or IntegrationSupplier of Lavkarbon B low-carbon concrete as standard on all Brødrene Ulveseth projects at no extra cost. Provides 18% CO2 reduction (50kg CO2-eq/m3) compared to industry standard. Also provides Lavkarbon Ekstrem for premium projects like Krohnen.
• Selvaag BoligmajorStrategic or Co-development PartnerMajor Norwegian housing developer. Partner in Solheimsvatnet Pluss project (160+ residential units) via Kanalveien Utvikling (owned by Elljodd Holding and Selvaag Bolig). Selvaag Pluss-konsept with high-standard apartments and shared facilities.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Veidekke ASA: One of the largest Scandinavian construction, civil engineering, and property development contractors. Comparable as a Norwegian general contractor with both residential and commercial/institutional building operations, though operating at much greater national and Nordic scale.
• Skanska Norway: Norwegian operation of Swedish-based global contractor Skanska. Active in commercial building, public infrastructure, and residential development in Norway, directly competing for large institutional and developer-led contracts in the Bergen region.
• NCC Norway: Norwegian arm of Swedish contractor NCC, active in residential, commercial, and public sector building. Competes for the same Bergen public tenders and developer-driven projects as Brødrene Ulveseth, though at much greater scale.

Emerging players

• Marthinsen & Duvholt AS: Norwegian contractor specializing in groundwork, infrastructure, and selected building projects. Partial overlap with Brødrene Ulveseth's foundation (Grunnarbeid) and site-preparation services, particularly in the Vestland region.

Direct peers

• AF Gruppen ASA: Norwegian building and civil engineering contractor with similar totalentreprise contracting model across residential, commercial, and public projects. Directly comparable in offering and customer base, though significantly larger in revenue and national footprint.
• Betonmast AS: Norwegian general contractor (now part of AF Gruppen) focused on residential, commercial, and public building projects across Norway. Comparable as a Norwegian totalentreprenør with similar project types and client mix.
• Hæhre Entreprenør AS: Norwegian contractor with combined building and infrastructure capability, operating across Eastern and Western Norway. Comparable general contracting model with significant Norwegian public and private project work.
• Kruse Smith Entreprenør AS: Norwegian regional contractor headquartered in Stavanger with similar mix of general contracting, residential development, and concrete/in-house production. Closely comparable in scale, regional contractor profile, and integrated builder approach.
• Consto AS: Norwegian general contractor active across residential, commercial, and public building projects with multiple regional offices. Comparable as a mid-sized Norwegian totalentreprenør competing for similar public and private tenders.

Others

• Heidelberg Materials Prefab: Norwegian prefabricated concrete elements producer (2nd-ranked in Byggeindustrien's 2023 solidity ranking at 57.2%). Comparable as a Norway-based precast concrete supplier, complementary to Brødrene Ulveseth's element-production needs via the Con Form Bergen relationship.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/brodreneulvesethas
• LinkedInlinkedin.com/company/19160061/admin
• Instagraminstagram.com/brodrene_ulveseth

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries3 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 Brødrene Ulveseth