Kynningsrud Bygg AB

What Kynningsrud Bygg AB does

Kynningsrud Bygg AB is a Swedish general contractor (totalentreprenad) headquartered in Göteborg with a regional office in Ljungskile, operating as the Swedish construction arm of the family-controlled Kynningsrud Group (founded 1946). The company was established as a separate legal entity in 2018 and delivers turnkey construction projects spanning design coordination, site work, and final handover across six building segments: warehouse and logistics facilities, workshop and office premises, retail stores, sports facilities, residential housing, and public-sector buildings. It also provides demolition and environmental remediation as a specialized service line.

Customer base is concentrated in enterprise and institutional clients, with prominent recurring relationships in self-storage (Green Storage/formerly 24Storage, Pelican Self Storage), retail (ICA Fastighet, Willy:s, LIDL, Jysk, Biltema), industrial and automotive (NP3 Projekt/Mercedes, Volvo Parts, CME Fastigheter), equipment rental (Renta), and municipal government (Västerås Stad, Trollhättans Stad). A portion of residential work is sourced internally from Kynningsrud Fastighet AB, and crane services are supplied by the sister company Nordic Crane, supporting an intra-group delivery model.

The business model is project-based: each contract is individually quoted, with revenue recognized on a milestone or completion basis across multi-year delivery cycles. Pricing is not publicly disclosed. The go-to-market is direct enterprise sales via competitive tenders and repeat client relationships, with no intermediary or channel-based distribution. The company is BKMA certified (substantially aligned with ISO standards) and operates under documented environmental, ethical, and health-and-safety policies. The company is privately held, with no public listing or disclosed external funding.

Name

Kynningsrud Bygg AB

Legal name

Kynningsrud Bygg AB

Website

https://kynningsrudbygg.se

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Kynningsrud Bygg AB is a Swedish general contractor (totalentreprenad) delivering turnkey construction of warehouses, retail, residential, industrial, sports, and public buildings for enterprise and municipal clients across Sweden, operating as the construction arm of the family-controlled Kynningsrud Group.

Ownership category

akta.pro rank

Headquarters

HQ city

Ljungskile

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Services - Totalentreprenad: The company generates revenue through construction contracts as a totalentreprenad (general contractor), delivering projects from planning through completion. Revenue is project-based and derived from construction fees on commercial, residential, and industrial buildings.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Kynningsrud Bygg AB operates as a totalentreprenör (general contractor) delivering turnkey construction projects from planning and design through to handover. The company builds warehouses, logistics centers, retail stores, workshops/offices, sports facilities, and residential housing for commercial, property developer, and municipal clients across Sweden, with a base in western Sweden. Supporting services include demolition and decontamination, design coordination, and site/groundwork.

Product overview

Kynningsrud Bygg AB is a construction company operating as a totalentreprenör (general contractor) since 2018, part of the larger Kynningsrud Group (founded 1946). The company delivers construction projects from initial design through to final handover, organized across six main building segments: warehouse/logistics facilities, workshop/office premises, retail stores, sports facilities, and residential housing. The company also offers specialized demolition and remediation services. All projects are delivered as turnkey contracts, with the company handling design coordination, site work, construction, and project management.

Differentiator

Problem solved

Functional benefit

Products and services

• Totalentreprenad (Turnkey Construction) Turnkey general contracting service delivering construction projects from detailed design (projektering) through to handover, serving commercial, property developer, and municipal clients across Sweden.
• Lager/Logistik (Warehouse & Logistics Construction) Construction of warehouse and logistics facilities, including self-storage buildings, for commercial and logistics clients across Sweden.
• Verkstad/Kontor (Workshop & Office Construction) Construction of commercial properties combining workshop and office spaces for industrial and commercial clients across Sweden.
• Butikslokaler (Retail Store Construction) Construction of retail store premises including supermarkets and discount stores for grocery and retail chains across Sweden.
• Idrottsanläggningar (Sports Facilities Construction) Construction and renovation of sports facilities including ice rinks and trampoline parks for municipalities and private clients across Sweden.
• Bostäder (Residential Construction) Construction of residential buildings including apartment complexes and housing developments for the group's property company and private developers.
• Rivning och sanering (Demolition & Decontamination) Demolition and environmental remediation services for existing structures, including hazardous materials handling such as asbestos abatement.
• Projektering och markarbeten (Design and Site Work) Design coordination and ground/earthwork services including foundation work and foundation piling, integrated into the company's turnkey construction delivery.

Quantifiable outcome

• Energy efficient construction achieving only 56% of Boverket's energy regulations in residential projects

Named customers17 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core, major, flagship, minor and regular.

• Nordic CranecoreOthersNordic Crane is a sister company within the Kynningsrud Group providing crane services. They collaborate on construction projects requiring crane work, such as the ICA Maxi project in Arvika where Nordic Crane provides mobile tower crane services. The internal collaboration enables integrated project delivery.
• NP3 FastighetermajorStrategic or Co-development PartnerNP3 Fastigheter is a property company that commissions construction projects from Kynningsrud Bygg. Multiple projects including Mercedes workshop facilities in Sundsvall and Jysk retail in Uddevalla are developed by NP3. Ongoing working relationship with multiple project deliveries.
• LIDLmajorStrategic or Co-development PartnerLIDL Sweden commissioned Kynningsrud to develop a retail store in Sundsvall as totalentreprenad. The project involved lifting half of an existing roof 1.5 meters, a technically challenging renovation.
• Biltema Real Estate ABmajorStrategic or Co-development PartnerBiltema Real Estate commissioned the expansion of their main warehouse H1 at the industrial harbor in Halmstad. 8,000 sqm expansion including warehouse, offices, and environmental building.
• Green Storage (fd 24Storage)flagshipStrategic or Co-development PartnerLong-term strategic partnership spanning multiple years with over 7 completed projects for self-storage facilities. Ongoing collaboration with three new projects started in 2025 in Malmö, Göteborg Sandarna, and Göteborg Ramberget. Green Storage (formerly 24Storage) is a major recurring client.
• Pelican Self StoragemajorStrategic or Co-development PartnerRecurring client for self-storage facility construction. Multiple projects completed including facilities in Upplands Väsby (11,000 kvm), Veddesta, and Rissne. Trust-based relationship with good communication.
• Kynningsrud Fastighet ABcoreStrategic or Co-development PartnerSister company within the Kynningsrud Group developing properties. Internal collaboration on projects including Fisketången residential (32 apartments), Havslyckan (226 apartments), and Falkenberg warehouse.
• C.S Riv och håltagning ABminorImplementation/ SI/ Consulting PartnerSubcontractor for demolition work on Green Storage project in Sandarna Göteborg. Specialized in demolition and drilling operations.
• Werner Arkitekter ABregularTechnology or IntegrationArchitecture firm collaborating on multiple projects including Willy:s in Karlstad. Provides design services integrated into totalentreprenad delivery.
• Västerås StadmajorStrategic or Co-development PartnerMunicipal client commissioning P-hus Oxen parking garage and retail spaces (9,000 kvm). Contract awarded December 2020, completed December 2022.
• CME Fastigheter ABmajorStrategic or Co-development PartnerProperty developer commissioning new production and office facility in Kungälv (2,500 kvm). Totalentreprenad delivery in 2024.
• NP3 Projekt ABmajorStrategic or Co-development PartnerProject development company commissioning Mercedes industrial facility in Sundsvall (3,850 kvm) with 90 million SEK contract value.
• C.S Riv och håltagning ABminorImplementation/ SI/ Consulting PartnerDemolition contractor performing demolition work on Green Storage project in Sandarna Göteborg. Handles 2,600 sqm demolition including asbestos management.

Scale indicators3 records

Recent moves8 records

Expansion highlights10 records

Direct peers

• Wästbygg Gruppen AB: Swedish construction group with operations in residential, commercial, and logistics build-to-suit projects. Comparable to Kynningsrud Bygg as a turnkey contractor serving warehouse/logistics and commercial clients across Sweden.
• NCC AB: Major Swedish construction and property development company with extensive commercial, residential, and infrastructure operations. NCC is a direct peer in turnkey commercial construction competing for the same enterprise tenders across Sweden.
• Zengun AB: Swedish commercial and residential construction contractor based in the Stockholm region. Zengun directly competes for the same type of mid-sized commercial turnkey contracts that Kynningsrud Bygg targets in central and northern Sweden.
• ByggPartner i Dalarna AB: Swedish general contractor focused on commercial and residential construction with regional operations. Comparable to Kynningsrud Bygg as a mid-sized Swedish totalentreprenad serving enterprise clients outside the major metro incumbents.
• Peab AB: One of Sweden's largest general contractors operating across commercial, residential, and civil construction nationwide. Peab is a direct peer to Kynningsrud Bygg AB as a Swedish totalentreprenad serving similar enterprise and public-sector clients.
• Serneke Group AB: Swedish construction and development company with operations in commercial, residential, and public-sector projects. Serneke is a direct peer offering turnkey construction services to similar enterprise and municipal clients across Sweden.
• Veidekke: Norwegian-headquartered construction and civil engineering group with significant Swedish operations, particularly in western Sweden. Veidekke directly competes with Kynningsrud Bygg for commercial and infrastructure projects in the same Västra Sverige geography.

Broad incumbents

• Skanska AB: Sweden's largest construction group with broad commercial, residential, and civil engineering capabilities plus global operations. Skanska is a broad incumbent peer — much larger and more diversified but competing for the same commercial and public-sector contracts in Sweden.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/kynningsrud
• LinkedInlinkedin.com/company/kynningsrudbygg
• Instagraminstagram.com/kynningsrudkonsernet

Compliance3 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 Kynningsrud Bygg AB