AS Betongbygg

What AS Betongbygg does

AS Betongbygg is a privately held Norwegian construction and civil engineering contractor founded in January 1981 and headquartered in Grålum, Østfold. The company provides full-service construction across all project phases — planning/regulation, development, design, estimation, applications, execution, customer follow-up, and after-work — and across all building types (residential, commercial, industrial, public) and contract forms, including general contractor and total contractor roles. It maintains an in-house workforce of approximately 75 employees covering concrete, masonry, carpentry, crane, and day-labor trades, supported by its own workshop and storage facilities. The firm concentrates its activity in Østfold, Akershus, and Oslo, where it has operated for over 40 years with all employees living in the region.

The company generates revenue through four interlinked streams operated through wholly-owned subsidiaries: construction contracting (AS Betongbygg), property development (Betongbygg Eiendom AS, established early 1990s), commercial property ownership and long-term rental (Betongbygg Næring AS, established 2020), and apartment rental and resale of unsold development inventory (Betongbygg Bolig AS, established 2020). Own-development projects now account for approximately 50-60% of group activity, with construction contracts procured through direct relationships, joint development partnerships, and competitive bidding for public and private tenders. Residential apartments are sold to end consumers through real estate agents including Krogsveen and ASK Meglergaarden, with extensive customization options offered.

Customer segments span residential buyers, public sector (Østfold Police District, Østfold Hospital Kalnes, Fredrikstad Municipality), enterprise clients (Euro Sko, Hansa Borg Bryggerier, Felleskjøpet, Stamsaas), and non-profit/housing cooperative clients (Blå Kors Fredrikstad, SOBBL). The current pipeline includes the Gressvik Havn waterfront development in Fredrikstad (~700 units, joint venture with DNB Eiendomsutvikling, CiBe AS, and Gloa AS), the Pappen Sarpsborg urban district (60-acre site, joint venture with VPK), St. Olavs vold, and Skarmyrakvartalet in Moss. The firm has received regional Building Quality Awards in 2000, 2001, and 2017.

Name

AS Betongbygg

Legal name

AS Betongbygg

Website

https://betongbygg.no

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

AS Betongbygg is a privately held Norwegian construction and property development contractor founded in 1981, serving public, enterprise, and residential clients in Østfold, Akershus, and Oslo through in-house trade labor and three wholly-owned development, commercial property, and rental subsidiaries.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Land Subdivision (23721), Nonresidential Building Construction (2362)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• Construction contracting
• General contractor
• Property development
• Residential construction
• Commercial construction

Headquarters

HQ city

Grålum

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Construction contracting: Main contractor services for various construction projects including residential, commercial, industrial buildings, and rehabilitation projects. Revenue generated through project-based construction contracts as general contractor or total contractor.
2. Property development: Through Betongbygg Eiendom AS, the company develops properties for own projects (50-60% of activity) and long-term property holding with external rental. Own projects developed in close cooperation with landowners/investors with AS Betongbygg as main contractor.
3. Property management: Through Betongbygg Næring AS, owns, operates, develops and manages commercial real estate for long-term rental, including central city properties with renovation/rehabilitation potential.
4. Apartment rental and sales: Betongbygg Bolig AS handles unsold apartments from own-development projects, renting them out or selling them to complete project settlements.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

AS Betongbygg is a full-service construction and civil engineering contractor that builds residential, commercial, industrial, and rehabilitation projects across the Østfold, Akershus, and Oslo regions. The company covers all project phases (regulation, development, design, execution, customer follow-up) and all contract forms using its own in-house workforce across concrete, masonry, carpentry, crane, and general labor trades. Through three wholly-owned subsidiaries it also develops, owns, and manages commercial and residential properties.

Product overview

AS Betongbygg is a construction and civil engineering contractor that operates as a single unified offering through its main entity, supplemented by three subsidiary companies: Betongbygg Eiendom AS (real estate development, established early 1990s), Betongbygg Næring AS (commercial property management, established 2020), and Betongbygg Bolig AS (residential property management, established 2020). The company provides comprehensive construction services covering all project phases, all building types, all construction methods, and all contract forms. With approximately 75 employees and operations in Østfold, Akershus, and Oslo since 1981, the company handles residential apartments, commercial buildings, industrial facilities, and rehabilitation projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction Contracting Services
• Real Estate Development (Betongbygg Eiendom AS)
• Commercial Property Ownership and Rental (Betongbygg Næring AS)
• Residential Apartment Rental and Sales (Betongbygg Bolig AS)

Named customers9 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

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• DNB EiendomsutviklingcoreStrategic or Co-development Partner · 1 January 2025Joint development partner with Betongbygg Eiendom for Gressvik Havn project. DNB Eiendomsutvikling has taken over assets from Cityplan and is working on residential development of approximately 700 units along Vesterelven/Floa in Fredrikstad. Currently awaiting final approval for B15 zone containing approximately 350 apartments.
• CiBe AScoreStrategic or Co-development Partner · 1 January 2025Development company jointly developing the Gressvik Havn project with Betongbygg Eiendom and DNB Eiendomsutvikling. CiBe AS and Gloa AS serve as building clients for the approximately 350-unit B15 development.
• Gloa AScoreStrategic or Co-development Partner · 1 January 2025Development company jointly developing the Gressvik Havn project with Betongbygg Eiendom. Part of the development entity for the approximately 700-unit residential project on Gressvik.
• VPK (formerly Peterson)coreStrategic or Co-development PartnerFormer industrial company whose 60-acre site in Sarpsborg is being developed into a new urban district called Pappen Sarpsborg. VPK and Betongbygg Eiendom AS are jointly developing the area through Pappen Utvikling AS.
• Dyrvik Arkitekter, JAJA Architects, Dronninga LandskapcoreTechnology or IntegrationArchitecture team selected through architectural competition organized with NAL (Norwegian Association of Architects) for Pappen Sarpsborg urban development project. The team was awarded the commission out of multiple competing proposals.
• NAL (Norske Arkitekters Landsforbund)minorStrategic or Co-development PartnerNorwegian Association of Architects collaborated with VPK and Betongbygg Eiendom AS to organize an architectural competition for the Pappen Sarpsborg area development.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Veidekke ASA: Norway's largest construction and property development company, combining general contracting with residential and commercial development across the Nordics. Directly comparable to AS Betongbygg's integrated developer-contractor model but operating at vastly greater scale and national scope.
• Skanska Norge AS: Norwegian arm of Skanska AB, a global construction and development group. Directly comparable for commercial and residential building construction, including rehabilitation work, but operates at far larger scale with broader geographic coverage than the Østfold-focused Betongbygg.
• NCC Norge AS: Norwegian subsidiary of NCC AB, active in building construction, infrastructure, and property development across Norway. Comparable in residential and commercial building delivery and in operating an integrated developer-contractor model, but at much greater scale.
• Peab Norge AS: Norwegian arm of Swedish contractor Peab AB, providing general building and civil engineering services. Comparable to AS Betongbygg's general contracting and residential construction activities but operating nationally and at significantly larger scale.
• AF Gruppen ASA: Major Norwegian contractor and property developer active across building, civil engineering, and offshore. Comparable to AS Betongbygg in the integrated construction and real estate development business model, but with nationwide reach and significantly larger headcount.

Direct peers

• HENT AS: Norwegian general contractor specializing in commercial and public-sector building construction across Norway. Comparable in project type and contract form (general contractor on public and commercial projects) to AS Betongbygg's contracting work, with similar mid-sized independent profile.
• Kruse Smith AS: Norwegian regional contractor and developer headquartered in Kristiansand with similar mid-sized profile to AS Betongbygg. Operates an integrated model of construction contracting and property development across building and civil engineering, closely comparable in business structure and geographic concentration.
• Selvaag Bolig ASA: Norwegian residential property developer focused on the Greater Oslo region and other urban areas. Directly comparable to AS Betongbygg's apartment development and sales activities (e.g., Skarmyrakvartalet), though operating primarily in the Oslo market rather than Østfold.
• JM Norge AS: Norwegian arm of Swedish residential developer JM AB, focused on multi-family housing in the Oslo region. Closely comparable in product (apartments) and customer (end-consumer buyers) to Betongbygg's residential development segment, though larger and Oslo-centric.

Regional players

• OBOS BBL: Norway's largest housing cooperative and a major residential developer building multi-family housing nationally. Comparable to Betongbygg's apartment development work (e.g., the 79-unit Fritznerkvartalet for SOBBL) but operates nationally with significantly greater scale.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/as-betongbygg

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 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 AS Betongbygg