Tolcon AS
Tolcon AS is Norway's only total supplier of gas and alternative energy solutions, delivering turnkey EPC projects and consumer products across LPG, LNG, hydrogen, ammonia, and electric heating for industrial, construction, and residential customers.
- Company typePrivate
- Founded1993
- HeadquartersOslo, Norway
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Tolcon AS does
Tolcon AS is a privately held Norwegian energy solutions company founded in 1993 and headquartered in Oslo. It positions itself as Norway's only total supplier of gas and alternative energy solutions, operating across two complementary businesses: an enterprise EPC/EPCI project division that delivers turnkey energy-conversion infrastructure (planning, permitting, equipment supply, installation, commissioning, and ongoing service) for industrial and construction customers, and a consumer division that sells gas and electric fireplaces, electric radiant heaters, and Lacanche professional cookers through brand-specific e-commerce storefronts and a certified installer network. The company reported revenue of 159 million NOK in 2024 with approximately 16 employees, and serves named customers including Skanska, Veidekke, Peab, NCC, Rockwool, Aker Solutions, Hitachi ABB Power Grids, Bergen Engines (Rolls-Royce), Hydro, Gasum, Tine, and Kværner Verdal.
The company's technical offering integrates partnerships with global manufacturers: Schwank (infrared radiant heaters with patented ceramic burner technology), BRUGG Pipes (FLEXWELL flexible and cryogenic pipe systems with leak detection), Pietro Fiorentini (hydrogen-compatible regulators and biogas upgrading), Chemet (cryogenic terminals), RegO and Habonim (gas equipment components). Tolcon's energy-solution portfolio spans LPG/propane, natural gas/LNG, biogas, hydrogen, green ammonia, cryogenic gases, bio-oil, and electric heating. Its value proposition centers on Norwegian regulatory expertise (gas safety, permitting, accredited final inspection, and compliance with the construction-site fossil-fuel phase-out), single-source project accountability, and quantified customer outcomes — including up to 50% energy savings on LPG conversion, up to 90% reduction when replacing diesel air heating with electric radiant heaters, and ~28% lower energy consumption at customer Skangaas. Tolcon is led by CEO Oda Halvorsrud Holen following the 2025 succession from long-serving MD Svein Simonsen, who now focuses on expertise, sales, and regulatory/government liaison and serves on the board of industry association Energigass Norge.
Tolcon AS firmographics
Firmographics- Name
- Tolcon AS
- Legal name
- Tolcon AS
- Website
- https://tolcon.no
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Tolcon AS is Norway's only total supplier of gas and alternative energy solutions, delivering turnkey EPC projects and consumer products across LPG, LNG, hydrogen, ammonia, and electric heating for industrial, construction, and residential customers.
- Ownership category
- akta.pro rank
Tolcon AS industry classification
Industry- Product category
- Industrial Gas and Energy Solutions
- NAICS
- Plumbing, Heating, and Air-Conditioning Contractors (238220), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)
- SIC
- Oil & Gas Field Machinery & Equipment (3533), Wholesale-Hardware & Plumbing & Heating Equipment & Supplies (5070)
- akta.pro primary industry
- Industrial Gas Infrastructure & Metering (Onsite Storage, PRS, Metering, SCADA) (EUALALAH)
- akta.pro secondary industries
- Propane (LP) Gas Line Installation & Conversion (HSAOAKAJ), Valve Sites, Drip Pots & Appurtenances (EUAJABAF)
Keywords
Where Tolcon AS is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Tolcon AS business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Equipment and hardware sales: Sale of gas technical equipment (tanks, regulators, vaporizers, pipe systems, gas alarms, meters), industrial pipe systems, and consumer products (fireplaces, radiant heaters, Lacanche cookers). Products are sold through e-commerce, direct sales, and via certified installers.
- EPC / EPCI project delivery: Full-service project delivery including planning, permitting, equipment supply, installation, control, commissioning, handover, and service for gas and energy systems. Long-term contracts covering the full project lifecycle from municipal applications to accredited final inspection.
- Service contracts and maintenance: Ongoing service contracts for gas supply installations, including mandatory inspections, maintenance, and emergency response. Customers (e.g., Peab Asfalt) enter service agreements for regulatory compliance and operational continuity.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | EPC project pricing – full turnkey solutions for energy conversion (e.g., diesel to LPG) |
| Unit Pricing | Pay-as-you-go | Online store for gas technical equipment and consumer products |
| Subscription | Annual | Service and maintenance contracts |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Tolcon AS product offering
Product offeringCore offering
Tolcon AS designs, supplies and installs gas technical equipment (storage tanks, regulators, vaporizers, pipe systems, gas alarms and meters) and complete energy solutions for LPG, LNG, biogas, hydrogen, ammonia and cryogenic gases, delivered as turnkey EPC projects to industrial customers. For residential customers, the company sells and installs gas and electric fireplaces, electric radiant heaters and Lacanche cast-iron cooking ranges through its own e-commerce store and certified installer network. The company acts as Norway's only total supplier of complete gas and alternative-energy solutions, covering the full lifecycle from needs analysis, engineering, procurement, installation and commissioning to service and maintenance.
Product overview
Tolcon AS is Norway's only total supplier of energy solutions for both industrial and private markets. The company offers a comprehensive portfolio of gas technical equipment (gas tanks, regulators, vaporizers, pipe systems, gas meters, gas alarms, installation equipment, and radiant heating), fireplaces (gas and electric models from brands like Faber, Dimplex, Kalfire), industrial piping systems (BRUGG double-walled and cryogenic pipes), electric radiant heating, and multiple energy solutions (LPG/propane, natural gas/LNG, biogas, hydrogen, ammonia, cryogenic gases, bio-oil, and electricity). They provide complete turnkey project services from planning through installation, control, handover, and ongoing maintenance. Products are sold through their online webshop and through authorized installers, serving both industrial customers and private consumers.
Differentiator
Problem solved
Functional benefit
Products and services
- Gas Technical Equipment Complete range of gas technical equipment including gas storage tanks, regulators, vaporizers, pipe systems, gas meters, gas alarms and installation equipment for LPG and natural gas systems, supplied to industrial and residential customers across Norway.
Quantifiable outcome
- Average 50% energy savings on conversion from natural gas to propane with ~2 month payback period
- +4 more outcomes
Companies that use Tolcon AS
Customer profileNamed customers17 records
Segments3 records
Ideal customer profiles3 records
Tolcon AS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Tolcon AS partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, notable, minor and industry.
- SchwankcoreSchwank is Tolcon's key supplier of infrared radiant heating systems, including gas-fired and the geniumSchwank (hydrogen-capable industrial radiant heater). Schwank holds 40+ patents worldwide setting standards for heating efficiency and low CO2 emissions. Tolcon distributes Schwank products in Norway and co-markets webinars on hydrogen-ready heating solutions.
- Pietro FiorentinicorePietro Fiorentini is Tolcon's partner for hydrogen-compatible gas equipment and biogas upgrading solutions. Fiorentini participated in the UK Hy4Heat project (hydrogen for gas networks) developing household meters and upstream safety systems. Tolcon distributes Fiorentini products for hydrogen blending in natural gas networks and biogas injection systems in Norway.
- ChemetcoreChemet is a key supplier of cryogenic and industrial gas equipment to Tolcon. Tolcon has supplied Chemet Turn Key terminals to customers including Skangaas AS for Scandinavian LNG distribution.
- BRUGG PipescoreBRUGG Pipes is a preferred global supplier of flexible pipe systems (FLEXWELL, SECON-X, Niroflex, PETREX-CNT) for LPG, LNG, cryogenic gases, and fuel transport. BRUGG has been a preferred supplier for 40+ years to oil companies, engineers, and construction firms worldwide. Tolcon distributes BRUGG pipe systems in Norway for industrial and underground gas transport applications.
- UCOnotableUCO, one of Norway's largest equipment rental companies for construction sites, partnered with Tolcon to trial and subsequently order 60 electric radiant heater units. UCO distributes or uses Tolcon's electric radiant heaters on construction sites across Norway, supporting the fossil fuel phase-out on building sites.
- O.B. WiikminorO.B. Wiik served as the intermediary customer for Tolcon's electric radiant heater delivery to Volvat's test station, indicating a distributor/installer relationship.
- Svein Simonsen (Board member in Energigass Norge)industrySvein Simonsen, sales contact at Tolcon, serves as a board member in Energigass Norge (the Norwegian energy gas association), representing Tolcon in industry advocacy and standards-setting.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Tolcon AS competitors and assessment
Company assessmentDirect peers
- Ahlsell Norge: Leading Nordic distributor of technical products for installers, contractors, and industrial customers, including HVAC, plumbing, and gas technical equipment. Directly comparable to Tolcon's wholesale gas equipment and heating distribution business across the same Norwegian customer base.
- Optimera (Saint-Gobain): Norwegian building materials and technical installation distributor, owned by Saint-Gobain. Overlaps with Tolcon in distribution of HVAC, plumbing, and energy equipment to Norwegian construction firms including Skanska, Veidekke, and Peab.
- Solar A/S: Danish-headquartered technical wholesale group serving installers, contractors, and industrial customers across the Nordics with HVAC, plumbing, electrical, and climate-energy products. Comparable to Tolcon in business model and customer segments, with broader Nordic geographic reach.
- Heidenreich Norge: Norwegian technical wholesaler specializing in plumbing, heating, ventilation, and industrial pipe systems. Direct competitor to Tolcon in Norwegian HVAC and gas technical equipment distribution.
- Gasum Oy: Nordic energy company supplying natural gas, LNG, and biogas across Finland, Sweden, and Norway. Tolcon delivered a 2x225m³ LNG storage terminal in Vaasa, Finland to Gasum, and both companies compete in the Nordic industrial LNG/LPG market with similar customer profiles (industrial energy users, gas distributors).
- Brødrene Dahl (Saint-Gobain): Norway's leading plumbing, heating, and industrial pipe wholesaler, now part of Saint-Gobain Distribution. Competes directly with Tolcon in wholesale of pipe systems, valves, fittings, and gas technical equipment to Norwegian contractors and industrial customers.
Emerging players
- Schwank GmbH: German manufacturer of infrared radiant heating systems and Tolcon's core technology partner. Schwank holds 40+ patents and is a direct upstream supplier; in adjacent product categories (industrial heating), Schwank could in principle enter the Norwegian market directly, displacing Tolcon.
Regional players
- Messer Group: Privately held industrial gas specialist with European operations. Comparable in industrial gas supply and technical gas infrastructure but headquartered in Germany and not directly serving the Norwegian LPG/biogas/hydrogen conversion EPC niche that is Tolcon's stronghold.
Broad incumbents
- Air Liquide Scandinavia: Global industrial gas major with Scandinavian operations supplying oxygen, nitrogen, hydrogen, and other industrial gases. Comparable in gas technical capability but operates at a vastly different scale and does not deliver the same turnkey LPG/biogas/hydrogen EPC projects that define Tolcon.
- Linde Gas (Norway): Global industrial and medical gas supplier with Norwegian operations. Linde is a much larger player in industrial gas supply but does not specialize in the LPG-to-hydrogen/ammonia conversion EPC niche that is Tolcon's core focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Tolcon AS social profiles
Digital presenceTolcon AS financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tolcon AS leadership team
Management profileNumber of profiles
Profiles8 records
Tolcon AS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tolcon AS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tolcon AS
What does Tolcon AS do?
Tolcon AS designs, supplies and installs gas technical equipment (storage tanks, regulators, vaporizers, pipe systems, gas alarms and meters) and complete energy solutions for LPG, LNG, biogas, hydrogen, ammonia and cryogenic gases, delivered as turnkey EPC projects to industrial customers. For residential customers, the company sells and installs gas and electric fireplaces, electric radiant heaters and Lacanche cast-iron cooking ranges through its own e-commerce store and certified installer network. The company acts as Norway's only total supplier of complete gas and alternative-energy solutions, covering the full lifecycle from needs analysis, engineering, procurement, installation and commissioning to service and maintenance.
Is Tolcon AS a public or private company?
Tolcon AS is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Tolcon AS founded?
Tolcon AS was founded in 1993. It employs 11 to 50 people.
Where is Tolcon AS based?
Tolcon AS is headquartered in Oslo, Norway, in the Europe region.
How does Tolcon AS make money?
Three revenue lines are on record. Equipment and hardware sales are the primary driver. The others are EPC / EPCI project delivery and service contracts and maintenance.
Who are Tolcon AS's main competitors?
Direct peers on record are Ahlsell Norge, Optimera (Saint-Gobain), Solar A/S, Heidenreich Norge, Gasum Oy and Brødrene Dahl (Saint-Gobain). Schwank GmbH is listed as an emerging player. Messer Group is listed as a regional player. Broad incumbents are Air Liquide Scandinavia and Linde Gas (Norway).
Does Tolcon AS have an API?
No public API is recorded for Tolcon AS.
What industry is Tolcon AS in?
Tolcon AS's product category is Industrial Gas and Energy Solutions. Its primary akta.pro industry code is EUALALAH, Industrial Gas Infrastructure & Metering (Onsite Storage, PRS, Metering, SCADA), with a secondary code of HSAOAKAJ, Propane (LP) Gas Line Installation & Conversion. Its NAICS code is 238220 and its SIC code is 3533.