What Ringjord Elektro does

Ringjord Elektro AS is a privately held Norwegian electrical services group headquartered in Eidkjosen on Kvaløya outside Tromsø, operating since 1995 across three integrated divisions: Elektro (residential and commercial electrical installation, EV charging, solar, KNX smart home), Industri og Automasjon (industrial automation, building automation, thermography), and Ringjord Maritim AS (maritime electrical, marine electronics, radio inspection, and aquaculture electrical services), founded as a wholly-owned subsidiary in 2021. The company employs approximately 30 staff across these segments and serves private households, commercial businesses, industrial and aquaculture operators, and the commercial fishing fleet along the northern Norwegian coast from Tromsø with a secondary technician station in Finnsnes/Senja.

The business runs on a field-service delivery model: technicians in service vehicles carrying standard inventory are dispatched to customer sites for installations, repairs, inspections, and emergency response, supported by a 24/7 hotline operational until midnight seven days a week. The proprietary Ringjord Flyt project management tool provides customers with order-line level transparency on project progress, costs, photos, and technician notes, and completed work is recorded in Boligmappa.no for property documentation. Revenue is generated primarily from hourly-rate professional services (NOK 1,190-1,735 ex-VAT depending on role and segment), supplemented by maritime equipment sales and financing (e.g., JRC fish finders, Smartboat One at NOK 4,990), framework and service agreements with industrial customers, and FSE safety training courses for businesses. Regulatory certifications (DNV thermography per NEK 405-1, KNX partner, NEK 405-2-3 pre-sale property reports, and Sjøfartsdirektoratet radio inspection approval limiting the company to one of only eight in Norway) and Elfag chain membership since 2024 are core competitive and trust anchors. Customer logos include SalMar (aquaculture), Remiks (waste/recycling), Ivan Lorentzen Fiskeforretning and Henry Johansen (fish processing), VVS24, and Berntsen Byggservice.

Name

Ringjord Elektro

Legal name

Ringjord Elektro AS

Website

https://ringjord.no

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Ringjord Elektro AS is a Tromsø-based Norwegian electrical services group serving residential, industrial, and maritime clients in Northern Norway through field service, automation, and maritime electrical divisions, with a wholly-owned maritime subsidiary.

Ownership category

akta.pro rank

Product category

Electrical Contracting Services

NAICS

Ship Building and Repairing (336611), Electronic and Precision Equipment Repair and Maintenance (8112), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Building Inspection Services (54135)

SIC

Ship & Boat Building & Repairing (3730), Services-Engineering Services (8711), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Marine Electrical Installation, Commissioning & Field Services (IMAJAJAL)

akta.pro secondary industries

Retrofits, Upgrades & Compliance Conversions (Scrubbers, BWTS, Alternative Fuels, Energy-Saving Devices) (TLAHAMAI), Classification Society & Flag-State Liaison / Plan Approval Support (IMAJAGAN), Marine Safety & Navigation Electronics Retail (PFDs, EPIRBs, GPS, VHF) (CRAMAIAH)

Keywords

• Electrical installation services
• Industrial automation services
• Maritime electrical services
• Thermography inspections
• Smart home automation

Headquarters

HQ city

Tromsø

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electrical Installation and Service: Core revenue from electrical installation, repair, and service work for both residential and commercial customers. Includes new installations, renovations, maintenance, and emergency repairs. Billed by hourly rates plus materials and service vehicle fees.
2. Maritime Electronics and Equipment Sales: Sale and installation of maritime electronics including navigation equipment, fish finders, radar, satellite/broadband, communication systems. Offers financing solutions for maritime electronics with flexible payment options.
3. FSE Training Courses: Annual mandatory safety training for instructed personnel (FSE courses) for businesses with larger electrical installations. Customized training packages offered in company facilities.
4. Service Agreement Management: Framework and service agreements for ongoing maintenance and support, particularly for industrial and maritime customers. Provides predictable revenue and customer retention.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Ringjord Elektro is a regional electrical contracting firm delivering installation, repair, maintenance, and inspection services across three divisions: Elektro (residential and commercial wiring, EV charging, solar, smart home), Industri og Automasjon (industrial automation, control systems, thermography), and Maritim (ship electrical, marine electronics, radio inspection, aquaculture). The company sells and installs branded marine electronics (JRC, Simrad, B&G) and the Smartboat One monitoring device, and provides certified inspections under NEK 405 and Sjøfartsdirektoratet authority. Pricing is hourly-based with separate consumer and business tiers, complemented by recurring service agreements and FSE safety training.

Product overview

Ringjord Elektro AS is a multi-service electrical company operating three integrated divisions under a unified brand: Elektro (residential and commercial electrical installations, EV charging, solar energy, smart home), Industri og Automasjon (industrial automation, building automation, thermography, and consultancy), and Ringjord Maritim (maritime ship electrical, marine electronics, radio inspection, and aquaculture electrical). The company functions as a service provider rather than a packaged software product. Its offerings span project-based installations, ongoing service contracts, inspections and certifications, and product sales (notably Smartboat One and marine electronics equipment). A proprietary project management tool called Ringjord Flyt provides customers with real-time project visibility. Documentation of all work is integrated with Boligmappa.no for property records.

Differentiator

Problem solved

Functional benefit

Products and services

• Ringjord Elektro (Residential & Commercial Electrical Services) Full-range electrical installation, service, and repair for private households and businesses, covering new builds, renovations, safety inspections, EV charging, solar energy, and smart home solutions.
• Ringjord Industri og Automasjon (Industrial Automation) Industrial and commercial electrical and automation services encompassing building automation, industrial process automation, control systems, energy systems, heating/cooling installations, thermography, and electrical inspections.
• Ringjord Maritim (Maritime Electrical & Electronics) Maritime electrical, electronics, and automation services and product sales for vessels, aquaculture, and coastal infrastructure, including ship electrical installations, marine electronics sales/installations, radio inspection, and fish farming electrical systems.
• Elkontroll / El-sjekk (Electrical Safety Inspection) Certified electrical safety inspections and condition reports for residential, commercial, and agricultural buildings, performed in accordance with NEK 405-2, NEK 405-3, and NEK 405-2-3 standards.
• El-elektrotermografi (Electrical Thermography) DNV-certified thermography services for electrical installations and heating cables, detecting faults, overloads, and hotspots to prevent costly damage or fire, conducted under NEK 405-1 and NEK 405-4.
• Radiokontroll (Radio Inspection for Commercial Vessels) Radio inspection services for commercial vessels, approved by the Norwegian Maritime Authority (Sjøfartsdirektoratet). One of only eight companies in Norway authorized to issue safety certificates for commercial vessels.
• Smartboat One (Boat Monitoring Device) Remote boat monitoring device allowing owners to keep watch over their vessel from anywhere in the world. Self-installable or professionally installed; priced at 4,990 NOK one-time purchase.
• KNX Smart Home Installation Certified KNX partner offering wired smart home automation with advanced control over lighting, climate, security, and alarm integration, without wireless interference or battery maintenance.
• Skipselektro (Ship Electrical Installations) Electrical installations and services for vessels of all sizes, covering main switchboards, generators, electric motors, emergency power, heat pumps, alarm systems, and fire systems.
• Skipselektronikk (Marine Electronics Sales & Installation) Sales, installation, and service of marine electronics from brands such as JRC, Simrad/Lowrance, B&G, Navico, Olex, and Pronav, including navigation systems, fish-finding sonar, satellite/broadband, cameras, instrument panels, communication systems, and chart systems.
• Havbrukselektro (Aquaculture Electrical) Electrical and monitoring solutions for aquaculture facilities, including shore power, mooring power, battery solutions, energy optimization, lighting, sensors, surveillance, data networks, and safety/emergency systems.
• FSE Safety Training Courses Annual mandatory safety training for instructed personnel (FSE courses) for businesses with larger electrical installations, with customized training packages offered in company facilities.
• Service / Framework Agreements (Rammeavtaler) Recurring service and framework agreements for industrial and maritime customers providing ongoing maintenance, priority response, and predictable costs.

Quantifiable outcome

• Remiks halved energy costs and doubled capacity through automation modernization
• +2 more outcomes

Named customers6 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

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• ElfagcoreChannel Partner/ Reseller/ Distributor · 1 January 2023Ringjord became a member of Elfag, Norway's oldest and most recognized electrical chain established in 1995 with over 2,200 electricians nationwide. Membership provides brand recognition, five-year warranty on work and materials, and access to member discounts through Huseierne and Hytteeiernes landsforbund (up to 10% on labor, 25% on materials). Elfag membership strengthens Ringjord's position with more purchasing power, training, and rebate agreements.
• NordplastminorStrategic or Co-development PartnerPartnership with Nordplast at Finnsnes location providing deepwater quay and boat launching facilities for vessels up to 45 feet, as well as plastic repairs. Supports maritime service operations.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Assemblin Norge: Nordic technical installation contractor covering electrical, HVAC, and industrial solutions across Norway. Operates similar electrical installation/service contracts for commercial and industrial customers.
• Caverion Norge: Major Nordic provider of technical building services including electrical installations, automation, and industrial maintenance. Comparable on the industrial automation and service-contracts side of Ringjord's Industri og Automasjon division.
• Kongsberg Maritime: Global leader in maritime technology (navigation, automation, radio/satellite systems) headquartered in Norway. Overlaps with Ringjord Maritim's navigation electronics, fish-finding, and marine automation portfolio, but at industrial scale.
• Bravida Norge: Largest Nordic electrical and HVAC installation services group with substantial Norwegian operations. Bravida provides end-to-end electrical contracting for buildings, infrastructure, and industry — directly overlapping Ringjord's electrical installation/service offering but at significantly greater scale.
• Eltel Networks Norge: Nordic electrical infrastructure specialist delivering power-grid, telecom, and industrial electrical services. Comparable to Ringjord's industrial-electrical and automation work, though focused more on utility-scale infrastructure.

Regional players

• Helgeland Kraft Elektro: Utility-affiliated electrical contractor serving the Helgeland region of Northern Norway. Directly comparable regional scale, residential/commercial/industrial mix, and Northern Norway geography.
• NTE Elektro: Mid-Norway electrical services arm of energy group NTE, providing installation, service, and automation in Trøndelag. Closest regional peer in size and customer mix (residential, commercial, industrial); geographic scope differs (Trøndelag vs. Troms).
• Stærk & Co AS: Northern Norway electrical contractor serving Tromsø and surrounding areas with residential, commercial, and industrial installations. Closest head-to-head local competitor for general electrical work in Ringjord's home market.

Direct peers

• Comrod ASA: Norwegian manufacturer and supplier of marine electronics, communication antennas, and power solutions for commercial vessels. Highly comparable to Ringjord Maritim's marine electronics sales/installation and ship electrical offering.

Emerging players

• MultiTech Elektro: Smaller Northern-Norway electrical contractor with comparable residential/commercial/industrial mix. Useful size-comparable peer for understanding pricing and margin dynamics in the region.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RingjordElektro
• Facebookfacebook.com/ringjordelektro

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

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 Ringjord Elektro