What Fjorden Elektro does

Fjorden Elektro was a Norwegian electrical services company headquartered in Sandefjord, founded in 2018 and serving the Vestfold region. The company provided electrical installation, automation, fire safety, security, ventilation, cooling, plumbing, ICT, and energy services including EV charging stations and solar installations to commercial property owners, residential customers, and industrial clients. Its service portfolio combined project-based contracting with ongoing maintenance agreements, delivered through direct field-service relationships by a team of 11-50 technical employees.

In October 2024, Fjorden Elektro was acquired by Caverion Norge, a subsidiary of the publicly listed Assemblin Caverion Group, and merged into Caverion Vestfold. Following the acquisition, the combined entity operates from shared offices at Nordre Kullerød 5 in Sandefjord with a technical workforce of over 70 employees. New assignments and invoicing transitioned to Caverion effective 1 November 2024, and the business now offers an expanded multi-disciplinary technical services catalog including specialized infrastructure work such as hospital and laboratory gas systems, data center design and installation, audiovisual systems, and industrial services. Existing contact personnel, including Svein Tore Hedberg and Geir Mathisen, retained their roles to preserve client continuity.

The business model is professional services-based, with revenue generated through quote-based project work and recurring service contracts (such as the Serviflex maintenance agreement and SmartView customer portal). Pricing is not publicly disclosed and is determined by project scope, complexity, and materials. Customer acquisition occurs primarily through direct outreach, website contact forms, and regional brand presence via LinkedIn, Instagram, Facebook, and YouTube channels operated under the Caverion Norge corporate accounts. No proprietary technology, patents, AI/ML capabilities, or external funding rounds are associated with the entity.

Name

Fjorden Elektro

Legal name

Fjorden Elektro

Website

https://fjordenelektro.no

Company type

Private

Founded year

2018

Operating status

Acquired

Headcount range

11–50 employees

Short description

Fjorden Elektro was a Norwegian regional electrical services firm in Sandefjord serving Vestfold property owners and commercial clients. Acquired by Caverion Norge in October 2024, it now operates as Caverion Vestfold with 70+ employees and an expanded multi-disciplinary technical services portfolio.

Ownership category

akta.pro rank

Headquarters

HQ city

Sandefjord

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Technical Services and Contracting: Project-based technical services revenue from electrical installation, automation, fire safety, security, ventilation, cooling, plumbing, and energy services. Revenue generated through service contracts, installation projects, and maintenance agreements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Fjorden Elektro, now part of Caverion Norge following its October 2024 acquisition, is a regional technical services provider delivering electrical installation, maintenance, automation, fire safety, security, ventilation, cooling, plumbing, ICT, energy, and electromobility solutions to property owners and commercial/industrial clients in the Vestfold region of Norway. The company combines multiple building and infrastructure technical disciplines under one roof, supported by the SmartView customer portal and Serviflex service agreements, with a combined workforce of over 70 technical professionals.

Product overview

Fjorden Elektro, now part of Caverion Norge, operates as a technical services provider offering a comprehensive portfolio of building systems and infrastructure services. Following the October 2024 merger with Caverion Vestfold, the combined entity provides electrical services (Elektro) alongside an expanded range of disciplines including automation, ICT, fire safety, security, ventilation, cooling, piping, gas systems, audiovisual systems, solar installations, EV charging, and data centers. Key digital offerings include the SmartView customer portal and Serviflex service agreements. The company delivers both project services and ongoing technical operation and maintenance, serving residential, commercial, industrial, and infrastructure clients through a unified platform approach with multiple specialized service modules.

Differentiator

Problem solved

Functional benefit

Products and services

• Elektro (Electrical Services) Electrical installation, maintenance, and services for residential, commercial, and industrial properties. This is the core service line of the former Fjorden Elektro business.
• Automasjon (Building Automation) Building automation systems for controlled and efficient building operations, serving commercial and industrial property clients.
• Brannalarmsystem (Fire Alarm Systems) Fire alarm systems for early detection and safety compliance, available to building owners and operators.
• Sikkerhetssystemer (Security Systems) Security systems including surveillance, access control, and intrusion detection for commercial and industrial buildings.
• Ventilasjon (Ventilation) Ventilation systems for air quality and climate control in buildings, serving commercial and industrial clients.
• Kjøling (Cooling Systems) Cooling systems for temperature control in commercial and industrial facilities.
• Rør (Piping and Plumbing) Piping and plumbing services for water, heating, and industrial applications, offered to building owners and industrial clients.
• IKT-tjenester (ICT Services) ICT services including network infrastructure, communication systems, and IT solutions for commercial and industrial clients.
• Ladestasjoner og elmobilitet (EV Charging and Electromobility) Electric vehicle charging station installation and electromobility solutions for commercial and residential property clients.
• Solcelleanlegg (Solar Panel Systems) Solar panel system installation for renewable energy generation, offered to commercial and residential property clients.
• Serviflex (Service Agreement) Service agreement offering scheduled maintenance and technical support for building systems, providing customers with ongoing technical coverage.
• SmartView (Customer Portal) Customer portal providing digital operational support and access to service information for clients managing their building technical services.
• Teknisk drift og vedlikehold (Technical Operation and Maintenance) Technical operation and maintenance services for buildings and facilities, providing ongoing operational support to property owners.
• Energitjenester (Energy Services) Energy optimization and efficiency services for buildings and facilities, helping clients reduce energy consumption and improve sustainability.
• Eiendomsdrift / Facility Management Integrated property and facility management services, providing comprehensive oversight of building operations for property owners.
• Datasentre (Data Center Services) Data center design, installation, and maintenance services for enterprise and commercial clients requiring critical infrastructure.
• Industri og Infrastruktur (Industrial and Infrastructure) Industrial and infrastructure technical services for complex projects, serving large-scale commercial and industrial clients.

Quantifiable outcome

• Over 70 technical professionals available for service delivery
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Caverion NorgecoreOthers · 1 October 2024Fjorden Elektro has been acquired by and integrated into Caverion Norge as of October 2024. The company now operates as Caverion Vestfold, gaining access to Caverion's broader technical service capabilities, resources, and expertise while maintaining local presence. Customers receive same reliable service with expanded capabilities.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Skanska: Major Nordic construction and project development group that also offers technical installation and facility services. Comparable as a broad incumbent with overlapping electrical/HVAC service capabilities across the Nordic region.
• VINCI Energies: Global infrastructure services division of VINCI providing electrical, HVAC, ICT, and energy services to buildings and industry. Comparable broad incumbent with overlapping technical services capabilities and similar customer segments.
• Coor Service Management: Nordic-focused integrated facility management provider delivering technical maintenance, property services, and energy solutions. Comparable as a broad incumbent with similar service portfolio and recurring-revenue model.
• Apleona: European facility management and technical building services provider operating across multiple geographies. Comparable as a broad incumbent offering integrated technical and energy services to commercial property clients.
• AF Gruppen: Norwegian contracting and industrial group with building, civil, and technical services divisions. Comparable as a broad incumbent providing integrated technical and construction services to Norwegian commercial and industrial clients.
• ISS A/S: Global facility services provider with strong Nordic presence in integrated facility management, technical maintenance, and energy services. Comparable as a broad incumbent offering recurring technical and property services to B2B customers.

Regional players

• NRC Group: Norwegian infrastructure services group with operations in rail, civil, and environmental services plus technical infrastructure. Comparable as a Norwegian technical services peer with regional focus, though oriented toward infrastructure rather than buildings.

Direct peers

• Bravida: Leading Nordic technical installation and services provider offering electrical, HVAC, security, and automation services to commercial and industrial customers. Direct competitor in the same product categories and customer base as Fjorden Elektro's pre-acquisition operations.
• One Nordic: Nordic supplier of electrical, mechanical, and energy services to infrastructure and industrial customers. Closely comparable service mix and Nordic regional footprint to Fjorden Elektro's electrical and automation offerings.
• SPIE SA: European independent technical services company specializing in electrical, mechanical, and HVAC services for buildings and infrastructure. Directly comparable multi-discipline technical services business model across European geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/user/CaverionNorgeAS
• Facebookfacebook.com/fjordenelektro
• LinkedInlinkedin.com/company/fjorden-elektro
• Instagraminstagram.com/caverionnorge

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Fjorden Elektro