What HEIMDAL BOLIG AS does

Heimdal Bolig AS is a Norwegian residential property developer headquartered in Heimdal (Trondheim), Trøndelag, and operates as a core subsidiary of the holding company Heimdal Gruppen AS. Founded in 1980 by two brothers originally under AS Bygg & Anlegg, the group was restructured in 2018 when the founders transferred active operations to new owners; ownership now sits equally with S.Munkhaugen AS and N.Munkhaugen AS, with Steinar Nordrum serving as CEO. The company develops and sells attractive, innovative quality residential housing with stated emphasis on environmental and social responsibility, serving individual buyers and families in the Midt-Norge (Central Norway) market.

The underlying technology footprint is modest: web-based services are developed internally by the related company Heimdal IT AS, which also provides ICT support to other group entities. Heimdal Bolig sits within a vertically aligned real estate ecosystem that includes Heimdal Eiendomsmegling (the second largest real estate brokerage in Central Norway, handling sales of both existing homes and new projects), Heimdal Eiendom (which acquires, develops, and sells real estate with a stated goal of being among the largest residential-area developers in Midt-Norge), and Heimdal IT.

The business model is project-based one-time-sale residential development, with units marketed through the company's website and distributed via the group's integrated brokerage channel. The company has approximately 11 employees, operates exclusively in Norway, and generates revenue through property development and sales rather than recurring software or service fees. No public pricing, revenue figures, funding rounds, or acquisition history are disclosed in available source material.

Name

HEIMDAL BOLIG AS

Legal name

Heimdal Bolig AS

Website

https://heimdalgruppen.no

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Heimdal Bolig AS is a Norwegian residential property developer and subsidiary of Heimdal Gruppen, designing and selling quality, environmentally responsible housing for individual buyers and families in Central Norway (Midt-Norge).

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Sustainable/Green Building & LEED Consulting (BPAHAKAG)

Keywords

• Residential property development
• Quality housing construction
• New home building
• Residential real estate
• Housing development Central Norway

Headquarters

HQ city

Heimdal

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development and Sales: Heimdal Bolig develops and sells quality residential properties, positioning itself as a leading supplier of attractive, innovative housing in Central Norway (Midt-Norge). The company focuses on new construction and property development projects.

Distribution channels1 record

Marketing channels1 record

Core offering

Heimdal Bolig AS develops and sells new residential properties in Central Norway (Midt-Norge), positioning itself as a leading supplier of attractive, innovative quality housing with clear responsibility for the environment and society. The company focuses on new construction and residential property development projects targeted at individuals and families seeking new homes in the Trondheim/Heimdal region, supported by the group's real estate brokerage and property development subsidiaries.

Product overview

Heimdal Bolig AS is a subsidiary of Heimdal Gruppen AS, operating as a standalone business unit focused on residential housing. The company is part of a diversified corporate group that also includes Heimdal Eiendomsmegling (real estate brokerage) and Heimdal Eiendom (property development and sales), which collectively form the Heimdal Gruppen ecosystem serving the Central Norway housing market.

Differentiator

Problem solved

Functional benefit

Brands

• Heimdal Bolig: Leading supplier of attractive, innovative quality housing with responsibility for environment and society
• Heimdal Eiendomsmegling
• Heimdal Eiendom
• Heimdal IT

Products and services

• Heimdal Bolig residential housing New-build, attractive, innovative quality residential housing developed and sold in Central Norway (Midt-Norge), with an emphasis on environmental and social responsibility. Targeted at individuals and families seeking to purchase new homes in the Trondheim/Heimdal region.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered supporting and core.

• Heimdal IT ASsupportingTechnology or IntegrationRelated group company that develops web-based services and provides ICT support to other companies within Heimdal Gruppen. Helps make services useful and desirable for a larger market.
• Heimdal EiendomsmeglingcoreStrategic or Co-development PartnerRelated company handling real estate sales of existing homes and new housing projects. Has grown to become the second largest in Central Norway, complementing Heimdal Bolig's property development activities.
• Heimdal EiendomsupportingStrategic or Co-development PartnerRelated company that acquires, develops, and sells real estate with strategy to be among the largest developers of residential areas in Central Norway. Supports property development pipeline for Heimdal Bolig.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• JM Norge: Norwegian arm of Swedish residential developer JM, focused on developing and selling new homes in Norwegian growth regions. Direct comparable in for-sale residential development, though backed by a much larger Nordic parent group.
• Skanska Norway: Norwegian arm of Swedish construction and development group Skanska, with residential development in major Norwegian cities. Comparable as a residential developer/builder in Norway but operates as part of a much larger international group with broader capabilities.
• OBOS: Norway's largest housing developer and member-owned housing association, active across multiple regions including Midt-Norge. Directly comparable as a for-sale residential homebuilder and developer, but operates at significantly larger national scale than Heimdal Bolig.
• Veidekke: Large Nordic construction contractor and residential developer with significant Norwegian operations including residential development. Overlaps with Heimdal Bolig in residential property development and construction but at substantially greater scale and with broader service lines.
• NCC Norway: Norwegian operations of Nordic construction group NCC, active in residential and commercial development. Comparable in residential property development and construction, though with broader portfolio including commercial and infrastructure.

Direct peers

• Mesterhus: Norwegian franchise-based homebuilder network constructing single-family homes across multiple Norwegian regions. Comparable for-sale residential product, similar mid-sized developer profile, and overlapping target buyer segment of Norwegian families purchasing new homes.
• Block Watne: Norwegian residential homebuilder developing and selling detached and multi-family homes across Norway. Closely comparable as a for-sale homebuilder targeting similar end-buyers in regional Norwegian markets.
• Selvaag Bolig: Norwegian for-sale residential homebuilder developing projects primarily in the Oslo region and other Norwegian growth areas. Closely comparable business model of developing and selling new homes to owner-occupiers, with similar product positioning around quality, sustainable housing.
• Profier AS: Norwegian residential developer and homebuilder with a presence in Midt-Norge and other Norwegian regions. Comparable for-sale residential product targeting similar buyer segments and competing for similar land positions.

Regional players

• Bonord: Norwegian residential developer primarily active in the Trondheim/Midt-Norge region, building apartments and small houses. Highly comparable regional competitor serving the same Central Norway buyer base as Heimdal Bolig.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/heimdal-bolig-as

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 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 HEIMDAL BOLIG AS