What ASTO Elektro AS does

ASTO Elektro AS is a privately held Norwegian electrical contracting company established in 2021, headquartered at Enebakkveien 302a/302B in Oslo. The company delivers full-scope electrical, telecom, and building-control solutions across three primary segments: residential projects (housing developments, apartment renovations, smart-home integration), commercial buildings (offices, hotels, restaurants using KNX/DALI/Loxone controls), and sports facilities (flood lighting, broadcast-grade LED, emergency systems). Underlying technology includes BIM and 3D modeling for project planning, the Dalux documentation system for cross-trade coordination, and specialized capabilities such as UEFA A-standard LED flood lighting executed at Ullevaal and Bislett stadiums.

The business operates on a project-based, quote-driven revenue model combining one-time electrical installation contracts with recurring service and maintenance agreements covering EV charging, troubleshooting, and preventive support. Go-to-market is enterprise field sales targeting property developers, construction companies, housing cooperatives, and public entities, with delivery performed by an in-house workforce of 22+ electricians and engineers supported by RIE (rådgivende ingeniør elektro) consulting capabilities. Pricing is not publicly disclosed. Customer concentration spans public-sector housing (Boligbygg Oslo KF), private residential developers (Realbygg, Berklind Bygg, Bjerklind Bygg), and national sports infrastructure (Ullevaal, Bislett). The company holds mandatory Registrert El-Installatør and Registrert Ekom-Installatør certifications, StartBank pre-qualified supplier status, and approved apprenticeship (Godkjent Lærebedrift) credentials, and was recognized as a Gasellebedrift 2025 by Dagens Næringsliv for 1,080.68% revenue growth over three years.

Name

ASTO Elektro AS

Legal name

ASTO Elektro AS

Website

https://astoelektro.no

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

ASTO Elektro AS is a privately held Oslo-based Norwegian electrical contractor founded in 2021, delivering full-scope electrical, telecom, and building-control installations — including UEFA-standard stadium lighting — for residential, commercial, and sports facility clients across Norway.

Ownership category

akta.pro rank

Product category

Electrical Contracting Services

NAICS

Architectural, Engineering, and Related Services (5413), Computer Systems Design Services (541512)

SIC

Services-Engineering, Accounting, Research, Management (8700), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers) (IMAGAGAI)

akta.pro secondary industries

Fire Alarm Systems (Design/Install/Service/Monitoring) (BPABAHAA), I&C / Controls & Automation Commissioning (DCS/PLC/SCADA) (EUAEAJAD)

Keywords

• Electrical contracting services
• Building automation systems
• Lighting installation services
• Smart building controls
• Electrical engineering design

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electrical Installation Projects: Project-based contracts for complete electrical installations in residential, commercial, and sports facilities. Includes design, engineering, and execution phases. Revenue recognized upon project completion.
2. Service and Maintenance Contracts: Ongoing service agreements with businesses, housing cooperatives, and private customers for troubleshooting, repairs, installations, and maintenance including EV charging infrastructure.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

ASTO Elektro AS is a Norwegian electrical contracting company that designs, installs, and services complete electrical, telecom, and building-control systems for residential, commercial, and sports facility projects. Core offerings span RIE electrical engineering consulting, full electrical installations including smart home and KNX/DALI/Loxone automation, LED lighting including UEFA-standard stadium flood lighting, backup power/UPS, fire and emergency lighting, and ongoing service and maintenance agreements. Delivery is full-service from concept and design through execution and after-sales support, executed by in-house electricians and engineers.

Product overview

ASTO Elektro AS is an electrical contracting company offering integrated electrical, telecom, and control solutions. Their core services include electrical installations, lighting solutions (including LED flood lighting for sports arenas), control systems and automation (KNX, DALI, Loxone), smart home solutions, backup power systems, and fire/emergency lighting. They serve residential projects, commercial buildings, sports facilities, and provide consulting/engineering design services (RIE). The company operates as a single unified service provider rather than a platform with separate modules, delivering complete project solutions from consulting and design through to execution and maintenance.

Differentiator

Problem solved

Functional benefit

Products and services

• Rådgivning og prosjektering (RIE) Complete RIE (rådgivende ingeniør elektro) engineering design services covering electrical engineering, IT/telecommunications systems, 3D modeling, and BIM tools for project planning and execution, aimed at property developers, construction companies, and public clients.
• Boligprosjekter (Residential Projects) Complete electrical, telecom, and control solutions for residential projects including installations, lighting, smart home systems, access control, backup power, battery systems, and fire/emergency lighting, delivered to housing developers, housing cooperatives, and private customers.
• Næringsbygg (Commercial Buildings) Complete electrical and control solutions for commercial buildings, restaurants, and hotels, including installations, KNX/DALI/Loxone systems, audio/light control, energy optimization, monitoring, and backup power for commercial property owners and tenants.
• Idrettsanlegg (Sports Facilities) Complete electrical and lighting systems for sports arenas, halls, and outdoor courts, including flood lighting, control systems, panels, backup power, UPS, fire and alarm systems, and emergency lighting for stadium, arena, and club facility operators.
• Service Troubleshooting, repairs, installations, upgrades, EV charging stations, floor heating, and ongoing service agreements for businesses, housing cooperatives, and private customers requiring reliable electrical service and maintenance support.

Quantifiable outcome

• 1080.68% revenue growth over 3 years, earning Gasellebedrift 2025 recognition
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• Musco Sports LightningcoreTechnology or IntegrationCollaboration with lighting supplier Musco Sports Lightning for delivery of complete LED flood lighting system to Ullevaal Stadion, Norway's national arena. Project completed to UEFA A-standard.
• RealbyggcoreImplementation/ SI/ Consulting PartnerTotal contractor for Fagerborg Sentral project - transformation of 1916/1933 telephone exchange into 39 modern apartments. Asto Elektro had total responsibility for electrical design and execution.
• Berklind ByggcoreImplementation/ SI/ Consulting PartnerConstruction partner for Olav Bjaalands vei 7 project - conversion of 18 apartments to 21 care units for Boligbygg Oslo KF.
• Bjerklind ByggcoreImplementation/ SI/ Consulting PartnerConstruction partner for Trondheimsveien 19 project - comprehensive electrical upgrade of two traditional apartment buildings with 16 residential units for Boligbygg Oslo KF.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Caverion Norge: Major Nordic technical solutions and electrical contractor serving commercial, public, and industrial clients. Directly competes for the same large commercial and public-sector projects ASTO targets, with a much larger Norwegian footprint.
• GK Norge: Norwegian electrical and HVAC contractor with strong presence in commercial and public buildings. Overlaps with ASTO on KNX/DALI building automation, commercial electrical installations, and service contracts.
• Bravida Norge: Largest Nordic multi-technical service provider with a substantial Norwegian electrical contracting business. Comparable in core offering (electrical installation, building automation, service) but operates at vastly greater scale across all of Norway.

Direct peers

• OneCo: Norwegian electrical infrastructure and building services contractor with similar project-based model across construction and infrastructure. Competes for the same mid-sized commercial and residential projects in the Norwegian market.
• Heka Elektro: Norwegian electrical contractor of similar size and scope, executing residential, commercial, and service projects. Closest in scale and operating model to ASTO among the peer set, with comparable in-house engineering and project execution focus.
• NLI Gruppen: Norwegian electrical and telecom installation group with comparable service offering (installations, telecom, service/maintenance). Direct competitor for residential, commercial, and service contracts across Norway.

Regional players

• NTE Elektro: Electrical contractor subsidiary of NTE (Nord-Trøndelag Energi) serving central Norway. Comparable project and service offerings in residential and commercial electrical work, but with a regional Trøndelag focus rather than Oslo.
• Skagerak Elektro: Regional electrical contractor serving the Grenland/Vestfold area with residential, commercial, and industrial installations. Comparable in service mix but operates in a different geography from ASTO's Oslo-centric base.
• Eltek Holding: Norwegian electrical contractor focused on construction and infrastructure projects. Comparable project-based model serving developers and public clients, with overlapping capabilities in installation and service.

Emerging players

• Comfort (Comfort Elektro): Franchise-style network of Norwegian electrical contractors serving residential and small commercial customers. Comparable in service offering (installations, service, EV charging) but with a fragmented, chain-driven model rather than ASTO's integrated design-build approach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/asto-elektro-as

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 ASTO Elektro AS