What Flage Maskin AS does

Flage Maskin AS is a Norwegian heavy civil engineering and construction contractor headquartered in Voss, operating on a project-based contracting model across five integrated service lines: Tunnel Services (new construction, rehabilitation, securing, and strossing/widening), Kraftutbygging (hydropower development including dam rehabilitation, intake construction, pipe-laying, and power-station builds), Mobile Knuseverk (mobile crushing plants for on-site material processing), Grunnarbeid (ground work covering excavation, blasting, mass movement, site preparation, natural stone masonry, and water/drainage/road infrastructure), and Transport Services (crane trucks, machine transport, and special transport). The company is built around an in-house fleet of excavators, tunnel rigs, drilling rigs, mobile crushers, rollers, trucks, crane trucks, and Menzi muckers, which allows it to execute demanding terrain and access-constrained scopes as either prime contractor or subcontractor.

The company serves a mix of public-sector clients — Statens Vegvesen, Bane NOR, county municipalities (Fylkeskommuner), and municipalities (Kommuner) — and enterprise clients in hydropower (Statkraft, Eviny Fornybar, Hywer), mining (Skaland Graphite), and real estate/tourism development (Nordhordaland Næringspark, Myrkdalen Fjellandsby). Revenue is earned through one-time project contracts awarded via direct contracting or public tender, with contract values ranging from sub-3 MNOK site preparation work to 155 MNOK tunnel rehabilitation packages. The business is sales-led and relationship-driven, with eligibility for public tenders supported by ISO 9001/14001/45001 certifications, Norwegian Sentral Godkjenning (central approval), and MEF industry association membership.

Flage Maskin AS was founded in 1988 by Ole Petter Flage as Entreprenør Ole P. Flage and was converted to an Aksjeselskap (limited company) under the current name in 2003. It remains privately held under founder ownership, with a workforce of approximately 108 employees and 2021 turnover of 326 MNOK. From its Voss base, it delivers projects throughout Norway, functioning as one of the larger contractor companies in the Voss district.

Name

Flage Maskin AS

Legal name

Flage Maskin AS

Website

https://flagemaskin.no

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Flage Maskin AS is a Voss, Norway-based heavy civil contractor providing tunnel construction, hydropower development, dam rehabilitation, ground work, mobile crushing, and transport services for public agencies and power companies across Norway.

Ownership category

akta.pro rank

Headquarters

HQ city

Voss

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction contracting services: Project-based contracting for construction, tunnel, foundation, and infrastructure work for public and private clients. Revenue derived from contract values for completed projects.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Flage Maskin AS is a Norwegian civil engineering contractor that provides tunnel construction, hydropower and dam construction, ground work and excavation, mobile crushing, and heavy equipment transport services. The company serves public sector clients (state, county, and municipal authorities) and private power companies on infrastructure projects in Norway, operating from its base in Voss.

Product overview

Flage Maskin AS is a civil engineering and construction company offering a unified portfolio of construction services rather than a software platform. The company operates as a general contractor providing integrated services across five core offerings: Tunnel Services (new tunnel construction, rehabilitation, and securing), Kraftutbygging (power development including dam rehabilitation and pipe laying), Mobile Knuseverk (mobile crushing plants), Grunnarbeid (ground work including excavation, blasting, and infrastructure), and Transport Services (crane trucks and special transport). The company also maintains a modern fleet of heavy equipment (excavators, wheel machines, loaders, road graders, dozers, tunnel rigs, drilling rigs, mobile crushers, rollers, trucks, crane trucks, and Menzi muckers) that enables flexibility across project types. Projects span tunnel construction, hydroelectric power development, dam rehabilitation, road building, and infrastructure work throughout Norway.

Differentiator

Problem solved

Functional benefit

Products and services

• Tunnel Construction
• Hydropower and Dam Construction
• Ground Work and Excavation
• Mobile Crushing Services
• Heavy Equipment Transport Services

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Maskinentreprenørenes forbund (MEF)coreOthersIndustry association membership providing access to industry standards, best practices, networking, and professional development resources for construction equipment contractors.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Skanska Norge AS: Major Norwegian subsidiary of Swedish contractor Skanska; competes for large public infrastructure, road, and tunnel contracts — same buyer set (Statens Vegvesen, Bane NOR) as Flage Maskin, but with significantly larger scale and project capacity.
• Veidekke ASA: One of Norway's largest construction and civil engineering contractors, active across infrastructure, building construction, and asphalt — direct overlap with Flage Maskin's tunneling, ground work, and road infrastructure offerings, but at national scale with a much broader portfolio.
• AF Gruppen ASA: Norwegian-based civil engineering and construction group with strong presence in infrastructure, energy, and offshore — competes for hydropower and tunneling work and overlaps directly with Flage Maskin's kraftutbygging and tunnel service lines.
• NCC Norge AS: Norwegian arm of NCC Group; active in infrastructure, road, and ground engineering projects across Norway — direct competitor for the same public infrastructure tenders Flage Maskin bids on.

Direct peers

• Mesta AS: Norwegian contractor specializing in road construction, maintenance, and civil engineering — closely comparable to Flage Maskin's road building, ground work, and tunneling offerings with similar public-sector customer base.
• Vassbakk & Stol AS: Norwegian contractor specializing in ground work, excavation, blasting, and infrastructure — directly comparable to Flage Maskin's core ground work and transport service offerings with similar equipment fleet and customer types.
• Consto AS: Norwegian construction firm active in building, civil, and infrastructure projects; specifically mentioned in Flage Maskin's project list as a general contractor partner — most directly comparable peer in scale and service mix.

Regional players

• Kruse Smith Entreprenør AS: Norwegian contractor with strong regional presence in western Norway (same geography as Flage Maskin's Voss base) — overlaps in civil engineering, infrastructure, and ground work for both public and private clients.

Market position

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/flage-maskin-as

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Flage Maskin AS