Lofoten Hydraulikk AS

What Lofoten Hydraulikk AS does

Lofoten Hydraulikk AS is a Norwegian industrial company founded in 2011 and headquartered in Svolvær, Northern Norway. The company designs, manufactures, and services hydraulic systems, deck equipment, cranes, winches, and related control systems for the maritime sector, serving fishing vessel operators, salmon aquaculture companies, ferry operators, and general industrial customers across Northern Norway. Its product portfolio includes complete deck equipment packages for purse seine and trawl vessels, aquaculture-specific equipment such as capstans, anchor handling winches (AHW), combination hose reels (FST), and sea lice curtain blocks (Lusepresenningsblokk), as well as marine/industrial cranes and a full range of hydraulic components.

The company operates its own production facility, machining workshop, service workshop, deep-water quay, and an extensive parts warehouse at its Ørnvikveien 6 premises in Svolvær, enabling end-to-end project delivery from design through commissioning. It holds regulatory approvals to certify lifting equipment through maritime authorities (A-man designation) and the Norwegian Labour Inspection Authority (Arbeidstilsynet). Component supply is sourced through partnerships with Parker, Danfoss, Hydroscand, HS Marine, Harstad Trading, KCL, and Hydraulikkteknikk.

Lofoten Hydraulikk generates revenue through two primary streams: one-time product sales of hydraulic components and deck machinery, and recurring professional services including hydraulic system maintenance, flushing, lifting-equipment certification, and 24-hour emergency service. Its go-to-market is direct, sales-led, and project-based, targeting enterprise customers with engineering, commissioning, and after-sales support. As of 2025 the company employs 18 people in service and production roles and is wholly owned by Christian Bye following a buyout of co-founders Per Hovde and Jon Nybø, who remain in operational sales, technical, and hydraulic project management roles.

Name

Lofoten Hydraulikk AS

Legal name

Lofoten Hydraulikk AS

Website

https://lofoten-hydraulikk.no

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Lofoten Hydraulikk AS is a Norwegian manufacturer and service provider of hydraulic systems, deck equipment, cranes, and winches for fishing, aquaculture, ferry, and industrial maritime customers in Northern Norway. Headquartered in Svolvær with its own production, machining, and deep-water quay facilities.

Ownership category

akta.pro rank

Product category

Marine Hydraulic Equipment and Deck Machinery

NAICS

Pump and Compressor Manufacturing (33391)

SIC

Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Heavy Lifting & Material Handling Infrastructure (Goliath Cranes, Jib Cranes, Hoists) (IMAJALAD)

akta.pro secondary industry

Aquaculture Farm Services & Operations Support (net cleaning, diving, grading, harvesting) (AFAEAAAM)

Keywords

• Maritime hydraulic systems
• Deck equipment manufacturing
• Marine cranes and winches
• Aquaculture equipment
• Hydraulic services

Headquarters

HQ city

Svolvær

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure

Revenue model

1. Product sales: Sale of hydraulic equipment, deck machinery, cranes, winches, and aquaculture equipment including combination winches (kombivinsjer), capstans, anchor handling winches, hose reels, and sea lice barrier blocks.
2. Services: Service revenue from hydraulic system maintenance, flushing, certification of lifting equipment, and 24-hour emergency service. Includes project planning and commissioning services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Lofoten Hydraulikk AS manufactures and supplies hydraulic systems, deck machinery, cranes, winches, capstans, anchor handling winches, combination hose reels, sea lice barrier blocks, and hydraulic components for the fishing, aquaculture, and industrial sectors. The company also provides engineering, commissioning, hydraulic flushing, certified lifting equipment inspections, and 24-hour emergency service from its Svolvær facility with its own production workshop, machining capabilities, deep-water quay, and parts warehouse.

Product overview

Lofoten Hydraulikk AS is a total solutions provider offering hydraulic systems, deck equipment, and control systems for the fishing, aquaculture, and industrial sectors. The product portfolio centers on specialized marine equipment including complete deck equipment for purse seine and trawl vessels (Not og trål), aquaculture-specific products (Capstan winches, AHW anchor handling winches, FST combination hose reels, and Lusepresenningsblokk sea lice curtain blocks), cranes for marine and industrial use, and hydraulic components. The company operates its own production facility, machining capabilities, service workshop, deep-water quay, and maintains an extensive parts inventory to ensure rapid delivery. Services include engineering and commissioning, hydraulic system flushing, lifting equipment certification, and 24/7 emergency service.

Differentiator

Problem solved

Functional benefit

Products and services

• Not og trål (Purse seine and trawl deck equipment) Complete deck equipment systems for purse seine and trawl fishing vessels of all sizes, including the full scope of tank equipment required for commercial fishing operations. Targeted at Norwegian fishing companies operating seine and trawl fleets.
• Capstan – Pro & Work Series Capstan products for aquaculture operations, available in Pro and Work series configurations to match different operational requirements at fish farming sites.
• AHW – Ankerhåndteringsvinsj (Anchor handling winch) Anchor handling winch designed for aquaculture operations where mooring and anchor handling capability is required at fish farming facilities.
• FST – Kombi Slangetrommel (Combination hose reel) Combination hose reel used for flexible hose management in hydraulic systems on maritime and aquaculture installations.
• Lusepresenningsblokk (Sea lice curtain block) Sea lice curtain block used in aquaculture lice treatment systems to support salmon delousing operations at fish farming sites.
• Kraner (Cranes) Complete range of crane solutions covering deck cranes, mob davits, and larger marine and industrial cranes for use on vessels and at aquaculture/industrial sites.
• Hydraulikk komponenter (Hydraulic components) Total supplier of hydraulic components including steering systems and related hydraulic equipment sourced and integrated through partnerships with major hydraulic brands.
• Hydraulic and deck equipment services Service offering covering hydraulic system maintenance, hydraulic flushing, certified inspection of lifting equipment (A-man maritime and Arbeidstilsynet), project planning, engineering, commissioning, and a 24-hour emergency service hotline for maritime and aquaculture customers.

Named customers4 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

Partnerships

Seven partnerships are on record, tiered minor.

• ParkerminorOthersLogo displayed on company website indicating supplier/partnership relationship for hydraulic components
• HydroscandminorOthersLogo displayed on company website indicating supplier relationship for hydraulic hose and fitting systems
• DanfossminorOthersLogo displayed on company website indicating supplier of hydraulic components and systems
• HS MarineminorOthersLogo displayed on company website indicating marine equipment supplier relationship
• Harstad TradingminorOthersLogo displayed on company website indicating maritime trading/supplier relationship
• KCLminorOthersLogo displayed on company website indicating supplier relationship
• HydraulikkteknikkminorOthersLogo displayed on company website indicating hydraulic technology partner

Scale indicators2 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Palfinger: Global crane and lifting solutions manufacturer with a marine crane product line. Broad incumbent operating at greater scale in marine and offshore lifting equipment.
• MacGregor: Global marine equipment provider (part of Cargotec) offering cranes, winches, hatch covers, and deck machinery for ships and offshore. Broad incumbent covering overlapping marine equipment categories at global scale.
• Kongsberg Maritime: Norwegian marine technology provider covering automation, propulsion, and deck machinery systems for commercial marine and offshore markets. Broad incumbent serving the same Norwegian maritime customers with a wider portfolio.
• AKVA Group: Largest global aquaculture equipment supplier, offering cages, feeding systems, sensors, and software to salmon farmers including Nordlaks. Larger broader incumbent serving the same Norwegian aquaculture customers.

Direct peers

• Sperre AS: Norwegian manufacturer of marine winches, deck machinery, and offshore equipment for fishing, aquaculture, and offshore vessels. Closest direct competitor in Norwegian marine winch and deck equipment manufacturing.
• Steinsvik: Norwegian supplier of equipment and technology solutions to the aquaculture industry, now part of AKVA Group. Directly comparable in supplying aquaculture operators with specialized equipment.
• Havyard Group: Norwegian maritime group designing and building vessels and supplying equipment for fishing, offshore, and aquaculture operators. Comparable Norwegian player with overlapping fishing and aquaculture customer base.
• Optimar: Norwegian manufacturer of processing equipment and handling systems for the seafood industry. Comparable Norwegian specialist serving fishing and aquaculture operators with specialized equipment.
• Rapp Hydema: Norwegian manufacturer of marine winches, deck cranes, and special purpose equipment for naval, offshore, and fishing vessels. Directly comparable in product scope and Norwegian customer base.

Regional players

• Brunvoll: Norwegian manufacturer of marine propulsion and manoeuvring systems for vessels. Regional Norwegian marine equipment manufacturer serving commercial marine customers with a similar service-intensive model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC6kzQj-sMay8-KOPL64UNbw
• Facebookfacebook.com/Lofotenhydraulikk
• LinkedInlinkedin.com/company/lofoten-hydraulikk-as

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Lofoten Hydraulikk AS