What EL 24 Ensiko does

EL 24 Ensiko AS is a privately held Norwegian electrical services and technical installation company headquartered in Stranda, operating eight branch locations across the Sunnmøre region of Western Norway. Founded in 2006 and operating as a subsidiary of the Nordic technical installation group Nimlas, the company employs approximately 135 people and delivers a broad portfolio of electrical installation, maintenance, automation, and energy services to residential, commercial, industrial, and public-sector customers. Its core offerings span traditional electrical contracting (new construction, renovation, switchboards, inspections per NEK 405), industrial and building automation (KNX wired building automation, PLC/PLS programmable logic controllers, centralized SD-anlegg building management systems), and the rapidly growing energy transition stack (solar PV systems from NOK 87,500, air-to-air heat pumps, EV charging up to 22 kW, smart home packages from NOK 30,000, and energy management/stromkontroll from NOK 12,000). Differentiated technical capabilities include drone-mounted thermal imaging inspection for solar PV anomaly detection and certified partnerships with ARX (Assa Abloy), iLOQ, and Salto for access control integration.

The business operates a hybrid go-to-market combining direct-to-consumer field service and consultative sales-led enterprise engagement, supported by eight physical offices that provide local accessibility and 24/7 emergency response across Stranda, Ålesund, Sykkylven, Hellesylt, Valldal, Sjøholt, and Langevåg. Revenue is generated through four primary streams: project-based electrical installation (professional services), recurring service and maintenance contracts (subscription-style), hardware sales bundled with installation (EV chargers, heat pumps, solar panels, smart home devices), and long-term frame agreements with commercial customers (managed services). Pricing is quote-based after consultation, with listed starting prices for standardized packages and Enova government subsidies of up to 35% (max NOK 10,000) applied where eligible. The company holds extensive regulatory certifications including NEK 405-1/2/3, FG 760, F-gas, KNX, Miljøfyrtårn environmental certification, Sentral Godkjenning, and authorized electrical installer status, and was named Årets lærebedrift (Apprentice Employer of the Year) in Møre og Romsdal in 2020.

Name

EL 24 Ensiko

Legal name

EL 24 Ensiko AS

Website

https://el-24.no

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

EL 24 Ensiko is a Norwegian electrical services company with ~135 employees across 8 branches in Sunnmøre, delivering installation, automation, solar, EV charging, security, and energy management services to residential, commercial, industrial, and public-sector customers as a subsidiary of Nimlas Group.

Ownership category

akta.pro rank

Headquarters

HQ city

Stranda

HQ country

Norway

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electrical Installation Services: One-time and project-based electrical installation services for residential, commercial, and industrial customers. Includes new construction, renovation, and upgrade projects. Revenue generated through labor and materials on a per-project basis.
2. Service and Maintenance Contracts: Ongoing service contracts for electrical maintenance, including internal control inspections, thermography, and preventive maintenance for businesses and property managers.
3. Product Sales: Sales of electrical products including EV chargers, heat pumps, solar panel systems, and smart home devices as part of installation services.
4. Frame Agreements with Businesses: Long-term service agreements with commercial customers for predictable maintenance and emergency services, providing recurring revenue from established client relationships.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

EL 24 Ensiko is a regional electrical contracting company that designs, installs, and maintains electrical systems, building automation, security, and renewable energy solutions for residential, commercial, and industrial customers across Norway's Sunnmøre region. Its offering spans new construction, renovation, and ongoing service contracts, with certified expertise in KNX building automation, PLC industrial automation, solar PV, heat pumps, EV charging, and fire/security systems.

Product overview

EL 24 Ensiko is a comprehensive electrical services company offering a broad portfolio of installation, maintenance, and consulting services across residential, commercial, and industrial segments. The offering spans energy solutions (solar photovoltaic systems, heat pumps, energy management/stromkontroll), smart home systems (smarthus packages, KNX wired building automation), electrical safety (el-kontroll, termografering, brannvarsling, innbruddsalarm), EV charging infrastructure (elbillader for homes and commercial ladeanlegg), building security (lås og beslag, adgangskontroll), industrial automation (PLS/programmable logic controllers, SD-anlegg centralized monitoring), and new construction services (entreprise). The portfolio is organized around a core service delivery model with specialized divisions for residential (privat), commercial/industrial (bedrift), building security (byggsikkerhet), and automation. All services are delivered by certified electricians across multiple local offices on Sunnmøre.

Differentiator

Problem solved

Functional benefit

Products and services

• Electrical Installation and Contracting Services (Entreprise) Complete electrical contracting for new construction and commercial building projects, covering design coordination, installation, functional testing, and final handover. Serves property owners, construction firms, and developers.
• Solar PV Systems (Solcelleanlegg) Solar photovoltaic systems installed on residential homes, holiday cabins, agricultural properties, and commercial buildings. Includes panels, inverters, optional battery storage, internet-connected monitoring via app, and grid connectivity. Enova subsidies up to 35% (max NOK 10,000) may apply.
• Heat Pump Installation (Varmepumpe) Air-to-air and energy-efficient heat pump systems for residential and commercial heating and cooling, providing approximately 3x heating output per unit of electricity consumed, with optional summer air conditioning. Installed by F-gas certified technicians.
• Energy Management / Power Control (Strømkontroll) Automatic energy management systems for residential and commercial buildings that monitor and optimize electricity consumption, reduce peak power demand, and maintain lower power tariff levels. Packages start from NOK 12,000.
• Smart Home Solutions (Smarthus) Smart home solutions integrating lighting, heating, ventilation, and security controls. Packages from NOK 30,000 include centralized app control, automation modes, and may qualify for Enova subsidies up to NOK 10,000.
• EV Charger and Charging Infrastructure (Elbillader / Ladeanlegg) Home EV charging stations up to 22 kW (~100 km range per hour) and commercial charging infrastructure for residential associations, businesses, and public parking. Includes load balancing and smart charging scheduling.
• Fire and Intrusion Alarm Systems Fire detection and intrusion/burglar alarm systems for residential and commercial buildings, with alarm station monitoring via telephone, mobile network, or IP connection. Includes fire alarms, smoke detection, and surveillance solutions.
• Electrical Inspection (El-kontroll) Fire-preventive electrical inspection services for residential and commercial properties, including thermography and compliance reporting per NEK 405 standards. Reports accepted by insurance companies for premium reductions.
• Lock and Hardware / Access Control Services Lock and hardware installation, replacement, and upgrading for residential and commercial buildings. Includes electronic and smart locks (code, card, mobile, fingerprint), remote control, access management, and technical access control systems with intercom integration.
• KNX Wired Building Automation KNX open-standard wired building automation controlling lighting, blinds, HVAC, security, and energy management across residential, commercial, and industrial buildings. Allows products from multiple vendors to be combined and configured to communicate together.
• PLC Industrial Automation (PLS-automasjon) Programmable Logic Controller (PLC) automation for industrial automation, production lines, and building systems. Includes data collection, production-critical analytics, error diagnosis, modular PLC for larger processes, and operates its own local control panel workshop.
• Centralized Building Management / SD Systems Centralized building management system (BMS) integrating HVAC, climate control, and monitoring of technical installations for optimized energy use and indoor climate in commercial and public buildings.
• Backup Power and UPS Systems Uninterruptible Power Supply (UPS) for continuous power to critical equipment, and backup generator systems for extended power outages. Complete emergency power systems for commercial and industrial facilities.
• Thermography Inspection

Quantifiable outcome

• Enova subsidies up to 35% (max 10,000 kr) for energy control systems, up to 32,500 kr total for solar panel systems
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Nimlas GroupcoreStrategic or Co-development Partner · 1 January 2006EL 24 Ensiko is a subsidiary of Nimlas Group, a Nordic group of local technical installation companies operating across Norway, Sweden, and Finland. The partnership provides access to shared resources and expertise while EL 24 maintains its local identity and brand presence in the Sunnmøre region.
• Foreningen Norske LåsesmederminorOthersMember of the Norwegian Locksmith Association. EL 24 Byggsikkerhet is an approved FG-locksmith company, ensuring professional execution and solutions meeting security and universal design requirements.
• Opplæringskontoret i Møre og RomsdalminorOthersTraining office partnership for apprenticeship coordination. EL 24 participates in youth career events and vocational fairs with this partner to promote electrical trades and recruit apprentices.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Bravida Norge: Bravida Norge is the Norwegian arm of Bravida AB (Nordic-listed multi-technical installer). It offers electrical, HVAC, and automation services across Norway with comparable scope in building automation, EV charging, and energy efficiency — directly comparable to EL 24's commercial and industrial offerings at much larger scale.
• Assemblin Norge: Assemblin Norge is the Norwegian arm of Assemblin Group AB, offering electrical, plumbing, and HVAC installation services. Directly comparable to EL 24's residential, commercial, and industrial electrical installation model with similar focus on energy efficiency and smart building solutions.
• GK Norge: GK Norge is the Norwegian subsidiary of GK Gruppen, delivering technical installations including electrical, plumbing, and climate/energy solutions. Comparable to EL 24 in building services, energy efficiency projects, and recurring service contracts for commercial and public-sector customers.
• Caverion Norge: Caverion Norge is the Norwegian subsidiary of Caverion Oyj, providing building solutions including electrical installations, building automation, and energy services. Comparable to EL 24 across commercial, industrial, and public-sector electrical contracting with overlapping expertise in automation and energy efficiency.
• OneCo Technologies: OneCo Technologies is a Norwegian electrical infrastructure and telecom services provider with regional delivery model across Southern and Western Norway. Comparable to EL 24 in field-service electrical contracting, automation, and multi-branch operations serving both consumer and enterprise customers.

Broad incumbents

• Eltel Group: Eltel Group is a Nordic-listed provider of technical field services for power, communication, and infrastructure networks. While broader in scope than EL 24 (covering grid-scale infrastructure), Eltel's electrical installation and maintenance services overlap with EL 24's commercial and industrial installation offerings.
• Netel: Netel is a Nordic-listed infrastructure services company specializing in electrical installations, telecom, and power grid services. While focused on larger infrastructure projects, Netel competes with EL 24 for commercial electrical contracts and shares the multi-regional Nordic delivery model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/el24ensiko
• LinkedInlinkedin.com/company/el-24-ensiko-as

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 EL 24 Ensiko