Haneseth Group

What Haneseth Group does

Haneseth Gruppen AS is a privately held, family-owned Norwegian technical services group headquartered in Bodø, tracing its origins to 1959 and operating today through approximately 38 wholly-owned subsidiary companies with roughly 550-600 employees across Norway. The group operates as a multi-trade technical contractor offering electrical installation, plumbing/HVAC, ventilation, security, industrial automation, high-voltage services, small-scale hydroelectric power equipment, and trade staffing under brands including Haneseth Bodø, Haneseth VVS Bodø, Haneseth Energi, Haneseth Automasjon, and Haneseth Facility. Office coverage spans the country from Kirkenes in the north to Bergen, Trondheim, Oslo and Horten in the south.

The group's service portfolio spans project-based installation, recurring maintenance, and hardware supply. Differentiated technical offerings include proprietary hydroelectric turbines (Pelton, Turgo, Francis, Kaplan) developed with Turbogen Engineering and Cargo & Kraft with stated efficiencies above 90% (Pelton) and 95% (Francis), in-house PLC/SCADA automation through a Siemens Solution Partnership, smart-home packages (xComfort, Senio), and high-voltage distribution work. Central approvals from Norwegian authorities cover the highest risk class for fire and emergency lighting plus class 2 for pipes, sanitation, HVAC and sprinklers, with Ekom/fiber and StartBANK registrations supporting large public and infrastructure bids.

Haneseth earns revenue predominantly through professional-services contracts won by direct sales and competitive bidding across construction (Consto, Veidekke, HENT, Thermica, Bodø Kommune), aquaculture (Helgeland Smolt, Kvarøy Smolt), industrial/mining (Rana Gruber), telecom (Telenor via Eltel Networks), and property-management segments served via Trygg and Trygg+ Nobl service agreements. Pricing is largely quote-based, with reference rates of 1,188-1,623 NOK/hour for standard electrical work (NOBL member vs. non-member), installed unit pricing for safety products, and interest-free installment financing up to 60,000 NOK through Resurs Bank. Documented landmark contracts include the >100M NOK Helgeland Smolt aquaculture project (Dec 2023) and the Bodø/Glimt stadium electrical/automation contract (Apr 2024).

Name

Haneseth Group

Legal name

Haneseth Gruppen AS

Website

https://haneseth.no

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Haneseth Gruppen AS is a family-owned Norwegian multi-trade technical contractor operating through 38 subsidiaries and roughly 550-600 employees, delivering electrical, plumbing/HVAC, ventilation, automation, high-voltage, small-hydro, security and staffing services to construction, aquaculture, industrial, telecom and public-sector customers nationwide.

Ownership category

akta.pro rank

Product category

Technical Building Contracting Services

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220)

SIC

Construction - Special Trade Contractors (1700)

akta.pro primary industry

HVAC & Refrigeration Contracting (IMAFALAB)

akta.pro secondary industries

Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ), Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)

Keywords

• Electrical installation services
• Plumbing HVAC services
• Industrial automation services
• Hydroelectric turbine design
• Technical building services

Headquarters

HQ city

Bodø

HQ country

Norway

HQ region

Europe

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electro Installation Services: Electrical installation, maintenance, and project services for residential, commercial, and industrial customers including new installations, rehabilitation, smart home solutions, fire alarms, security systems, fiber optics, and EV charging.
2. Plumbing/VVS and Ventilation Services: Full range of plumbing services including sanitary installations, heating/cooling systems, bathroom renovations, sprinkler systems, water floor heating, water supply, drainage, heat pumps, and ventilation systems.
3. Automation Services: Industrial automation, building automation, motor controls, instrumentation, data communication, PLC programming (Siemens S5/S7), SCADA systems, and maintenance services.
4. Hydroelectric Power Equipment and Services: Design, manufacture, and installation of water turbines (Pelton, Turgo, Francis, Kaplan), generators, control systems, valves, pipes. Also offers operational management and maintenance of power plants.
5. High Voltage Services: Distribution systems, operational management, design, cable detection, line inspection, switchgear service, cable pulling, splicing, busbar construction, substation renovation, and pest control for electrical networks.
6. Staffing and Recruitment Services: Haneseth Facility provides staffing solutions across trades including electricians, plumbers, ventilation technicians, automation specialists, carpenters, welders, steel workers, concrete workers, and painters.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Haneseth Group is a Norwegian total technical contractor consortium delivering installation, maintenance, and project services across electrical, plumbing/HVAC, ventilation, security, automation, high voltage, hydroelectric power, and staffing through 38 subsidiary companies. The group serves construction, industrial, aquaculture, telecommunications, hydroelectric power, and property management customers with coordinated multi-discipline technical solutions. Additional offerings include proprietary hydroelectric turbine design and supply, plus the 'Trygg+ Nobl' service agreement concept for building technical management.

Product overview

Haneseth Group is a large total technical consortium in Norway operating through multiple independent subsidiaries located throughout the country with over 500 employees. The company offers a comprehensive portfolio of technical services organized around seven core service areas: Electrical (Elektro), Plumbing/HVAC (Rørlegger/VVS), Ventilation (Ventilasjon), Security (Sikkerhet), Automation (Automasjon), Hydroelectric Power (Vannkraft), High Voltage (Høyspent), and Staffing (Personell/Bemanning). The group operates through numerous subsidiaries including Haneseth Bodø (electrical services with Trygg service agreements), Haneseth VVS Bodø (plumbing and HVAC), Haneseth Automasjon (industrial automation, Siemens-certified partner), Haneseth Energi (electromechanical solutions including turbine design and installation), Haneseth Facility (staffing and recruitment), and regional subsidiaries across Norway from Kirkenes to Bergen, Trondheim and Oslo. Key product offerings include proprietary hydroelectric turbines (Pelton, Turgo, Francis, Kaplan), generators up to 4.2MVA, custom control systems with PLC/HMI/SCADA capabilities, and the Trygg+ Nobl building management service concept.

Differentiator

Problem solved

Functional benefit

Brands

• Som avtalt: Service concept ensuring reliability - 'As agreed' - where technicians arrive on time, work professionally, leave documentation and clean workspace.
• Haneseth Trygg+ Nobl
• Haneseth Trygg

Products and services

• Elektro (Electrical Installation Services)

Quantifiable outcome

• Over 90% efficiency achieved by Pelton turbines
• +3 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• ConstocoreStrategic or Co-development Partner · 28 April 2026Major construction contractor for Bodø/Glimt stadium project. Collaboration agreement includes risk-sharing model for more balanced distribution of project risks and opportunities. Haneseth selected as electrical and automation supplier through competitive process.
• Eltel NetworksminorChannel Partner/ Reseller/ Distributor · 8 October 2023Telecom infrastructure company awarding Haneseth Harstad contracts for Telenor 5G site upgrades. 300-400 sites over 2.5 year project period.
• HENT AScoreStrategic or Co-development Partner · 1 November 2020Main contractor for Nepåkeren Bussdepot project. Haneseth companies (VVS Bodø, Bodø, and Automasjon) won the bid together for total technical contract. Sustainable building with mass timber structural system.
• Turbogen EngineeringcoreTechnology or IntegrationSwiss engineering firm collaborating on design of Pelton turbines. Partner has over 35 years of experience with this turbine type. The collaboration enables standardized base components while customizing turbine design for each facility.
• Cargo & KraftcoreTechnology or IntegrationSwedish company providing Kaplan turbines for small hydro power applications. Partner has delivered over 80 installations and brings recognized expertise in propeller-type turbines for low head applications.
• SiemenscoreTechnology or IntegrationSiemens Solution Partner - world's largest automation systems supplier. Haneseth Automasjon has solid expertise in Siemens products for industrial automation, instrumentation, motor controls, and building automation.
• Boligmappa.nocoreTechnology or IntegrationProperty and building service documentation platform. Haneseth connected systems to automatically send work documentation directly to customer property files. Initiative by industry associations including Foreningen for El- og it-bedriftene, Norske Rørleggerbedrifters Landsforening.
• NoblcoreChannel Partner/ Reseller/ DistributorPartnership platform for housing companies providing standardized service agreements. Haneseth Trygg+ Nobl ensures technical compliance, preventive maintenance, and regulatory controls for housing cooperatives with single point of contact.
• Resurs BankminorOthersFinancial services partnership offering interest-free installment payments up to 60,000 NOK over 24 months for customers. Available at multiple Haneseth subsidiaries across Norway.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Veidekke: One of Norway's largest general contractors covering construction, infrastructure, property development and asphalt. Haneseth regularly works as MEP subcontractor to Veidekke, making it both customer and broad-incumbent peer in the construction ecosystem.
• Consto: Norwegian general contractor focused on commercial and public building construction. Direct collaboration with Haneseth on Bodø/Glimt stadium and Byporten, and a clear broad-incumbent peer in the regional construction ecosystem.
• AF Gruppen: Norwegian construction and property conglomerate with civil, building, energy and offshore operations. Comparable as a broad-incumbent Norwegian construction player whose projects (and competitor contracts) influence Haneseth's project pipeline.
• Skanska Norge: Norwegian arm of Swedish construction group Skanska, operating as general contractor and developer. Competes indirectly with Haneseth for large public and commercial projects and occasionally engages Haneseth as a subcontractor.

Direct peers

• Assemblin: Nordic installation and technical services group covering electrical, HVAC, plumbing and automation in Norway and Sweden. Direct comparable to Haneseth's multi-trade MEP/automation offering and similar target segments.
• Caverion: Northern European provider of building solutions and technical services including HVAC, electricity, plumbing, automation and security. Closely comparable in service breadth and project types to Haneseth, particularly in building installations.
• GK Gruppen: Norwegian HVAC and building technical services specialist, headquartered in Oslo with national coverage. Direct peer in HVAC/ventilation/plumbing contracting, competing for similar commercial and residential installations in Norway.
• Bravida: Nordic multi-trade technical services contractor (electrical, HVAC, plumbing) operating across Sweden, Norway, Finland and Denmark. Highly comparable in service mix and customer base to Haneseth, with greater scale and publicly listed status.
• Eltel Networks: Nordic provider of electricity and telecom infrastructure services. Haneseth Harstad partners with Eltel on Telenor 5G site upgrades, making Eltel a direct peer in high-voltage and telecom infrastructure installation work.

Others

• Multiconsult: Norwegian engineering and design consultancy active in buildings, transport, energy and water. Adjacent ecosystem participant whose project designs often flow into Haneseth's installation pipeline, particularly in hydropower and infrastructure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/HanesethBodo

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries23 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 Haneseth Group