What Nordblick does

Nordblick Group AB is a Swedish property development company founded in 2012 (with business operations beginning in 2015), headquartered in Ekerö outside Stockholm. The company develops, sells, and manages residential and commercial real estate primarily across Greater Stockholm, Uppsala, and the Mälaren Valley, operating through four sub-brands: Nordblick Work (industrial and commercial premises sold as housing cooperative or freehold units to SMEs), Nordblick Homes (apartments, townhouses, and villas for individual buyers), Nordblick Rentals (office and commercial property management of approximately 3,500 sqm across four properties), and Nordblick Solar (turnkey solar panel installations, with 3,245 panels installed to date). The technical foundation emphasizes mass timber construction (massivträ-teknik) for environmental and indoor-climate benefits, BREEAM-targeted industrial properties, and the proprietary 'Nordblick Zero' concept that delivers unencumbered housing cooperatives with approximately 500 SEK monthly fees. Revenue is generated primarily through one-time property sales (development and handover of units to end buyers and SME owner-occupiers), supplemented by recurring rental income from Nordblick Rentals and project-based solar installation services. The customer base spans individual home buyers, SMEs acquiring their own commercial premises (units of 180-285 sqm), commercial tenants leasing offices, and property owners commissioning solar systems. The company reported FY2022 operating revenue of 175.3 million SEK with 32.2 million SEK net profit, a 250 million SEK balance sheet, and 53% equity ratio, executed by a lean team of approximately 10 employees spanning architecture, production, business development, and sales. Nordblick is publicly listed in Sweden (Nordblick Group AB (publ), corporate registration number 556886-7807) and pursues geographic expansion (Västerås launch in February 2024), product innovation (Nordblick Zero concept), and vertical extension (Solar) under founder-influenced leadership.

Name

Nordblick

Legal name

Nordblick Group AB

Website

https://nordblick.se

Company type

Public

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Nordblick Group AB is a Swedish property developer (founded 2012, Ekerö-headquartered) that designs, builds, and sells industrial/commercial units to SMEs, residential homes to individuals, manages rental properties, and installs solar systems across the Greater Stockholm and Mälaren Valley regions.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Real Estate Property Managers (53131), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Residential Property Managers (531311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), General Bldg Contractors - Nonresidential Bldgs (1540), Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Property development
• Commercial real estate
• Residential construction
• Solar energy installation
• Property management

Headquarters

HQ city

Ekerö

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Sales (Development & Sales): Nordblick develops and sells industrial/commercial properties (Nordblick Work) and residential properties (Nordblick Homes). Work properties are sold as bostadsrätt (cooperative ownership) units to small and medium enterprises. Residential properties include apartments, townhouses, and villas sold to end buyers.
2. Property Rentals (Nordblick Rentals): Rental income from managed properties including offices and commercial spaces in the Stockholm region. Properties include Sjöstadskajen, Sjöstadsfabriken, and Sjöstadsorangeriet in Ekerö area. Also includes coworking spaces (GoWork).
3. Solar Installation Services (Nordblick Solar): Complete solar power plant installation services for property owners, housing cooperatives, and commercial properties. Revenue from project management, installation coordination, and ongoing service.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels9 records

Core offering

Nordblick Group AB develops, builds, and manages real estate in Sweden through four operating segments: Nordblick Work (commercial/industrial premises in bostadsrättsform for SMEs), Nordblick Homes (apartments, townhouses, and villas), Nordblick Rentals (office and commercial property leasing), and Nordblick Solar (turnkey solar power installations). The company uses mass timber construction and sustainability-focused methods across its developments.

Product overview

Nordblick is a property development company operating under three distinct sub-brands: Nordblick Work (industrial/commercial property development and sales), Nordblick Homes (residential property development), Nordblick Rentals (property management and rental), and Nordblick Solar (solar panel installations). The company develops, sells, and manages residential and commercial properties primarily in Greater Stockholm, Uppsala, and Mälardalen regions. Nordblick Work focuses on adaptable commercial premises in housing cooperative form, Nordblick Homes creates residential units from townhouses to apartment buildings, Nordblick Rentals manages office and commercial rental spaces, and Nordblick Solar provides complete solar energy solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Nordblick Work Nordblick Work develops and sells modern, adaptable commercial and industrial premises in bostadsrätt (cooperative ownership) form for small and medium enterprises. Properties combine warehouse, workshop, and office functions in flexible layouts.
• Nordblick Homes Nordblick Homes develops and sells residential properties including apartments, townhouses, and villas in Greater Stockholm, Uppsala, and Mälardalen. The company is involved from planning through occupancy, emphasizing sustainable materials and quality details.
• Nordblick Rentals Nordblick Rentals manages and leases office and commercial premises in the Greater Stockholm region. The portfolio covers approximately 3,500 sqm across four properties, including offices ranging from 28-141 sqm and coworking spaces (GoWork).
• Nordblick Solar Nordblick Solar is a turnkey provider of solar power systems serving industrial housing cooperatives, commercial properties, agricultural operations, and residential housing cooperatives. Services include planning, installation, and certification, with 3,245 panels installed to date.

Quantifiable outcome

• 300+ industrial locations developed over company's history
• +4 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Obos KärnhemcoreStrategic or Co-development Partner · 17 January 2024Nordblick Solar partnered with Obos Kärnhem on a highly publicized future house project in Åkersberga featuring extremely climate-smart housing. This project gained international attention including a BBC feature reaching 380 million viewers weekly across 200+ countries.
• Svensk SolenergiminorOthers · 31 December 2023Nordblick Solar became a member of Svensk Solenergi (Swedish Solar Energy Association) in December 2023. This membership provides the opportunity to certify their own installers and demonstrates industry recognition of their solar expertise.
• Pelican Self StorageminorOthers · 1 January 2020Nordblick sold a property (Hammarby-Smedby 1:471) in Upplands Väsby to Pelican Self Storage in 2020. The property had a land area of 9,735 sqm with prime location next to E4 highway with excellent signage opportunities.
• Järntorget ABminorStrategic or Co-development PartnerNordblick has a joint plan area with Järntorget AB for the Mörby Ängar project on Färingsö in Ekerö municipality. The approximately 5 hectare area is being developed for residential construction with access to nature and boat facilities.

Scale indicators18 records

Recent moves6 records

Expansion highlights6 records

Market position

Strengths5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Nordblickgroup
• Instagraminstagram.com/nordblickgroup
• LinkedInlinkedin.com/company/nordblick

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 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 Nordblick