What Lofoten Elektro does

Lofoten Elektro AS is a privately held Norwegian electrical and technology-services contractor headquartered in Svolvær with branches in Leknes and Ramberg, serving the Lofoten archipelago and broader Nordland region. Founded in 1972 as Kabelvåg Elektro AS, expanded into maritime installations in 1989, and unified under its current name in 2015 after acquiring Leknes Installasjon AS in 2005, the firm self-describes as one of the largest electrical contractors in Lofoten.

The company operates five integrated service divisions. Elektroinstallasjon delivers design, installation, and service-agreement work for residential, commercial, and industrial properties. Automasjon supplies PLC control systems (Siemens, WAGO, Omron), central monitoring platforms (AVEVA, Desigo CC), building automation, IIoT, robotics, instrumentation, and frequency converters. Ekom og brann provides teletechnical installations, fire alarms, intrusion detection, cameras, and access control. IKT offers IT support, server and client management, information security (firewall, EDR, backup), server-to-cloud migration, and Microsoft 365 deployment. Maritim Installasjon delivers ship-side electronics — navigation (Simrad, Pronav, Jotron, Olex), satellite and radio communication, VMS tracking, and E0-testing — a capability held since 1989. A regulatory-anchored inspection service using NEK 405-1 thermography and the FG-705 standard rounds out the offering.

Lofoten Elektro generates revenue through two streams: recurring service and maintenance contracts (fixed inspections, hourly rates, multi-year framework agreements) and project-based electrical, automation, EKOM, IKT, and maritime installations for enterprise and public-sector customers. Distribution is direct, through field technicians and project teams dispatched from the three branches, supplemented by a digital presence via website, Facebook, and LinkedIn. The customer base spans hospitality (Thon Hotel Svolvær), construction (STIM), government (Nordland Fylkeskommune, Vestvågøy Kommune), retail (Lofotsenteret, XL-Bygg, Burger King), pharmaceutical research (ACD Pharma), agriculture/aquaculture (HCL, Havbruksakademiet), and infrastructure (Himmeltinden Radaranlegg), alongside residential and SMB clients across the Lofoten archipelago.

Name

Lofoten Elektro

Legal name

Lofoten Elektro AS

Website

https://lofotenelektro.no

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

Lofoten Elektro AS is a Norwegian regional electrical and technology-services contractor headquartered in Svolvær with branches in Leknes and Ramberg, providing electrical installation, automation, EKOM, IKT, maritime electronics, and inspections to commercial, industrial, government, maritime, and residential customers across the Lofoten archipelago.

Ownership category

akta.pro rank

Headquarters

HQ city

Svolvær

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electrical Installation Services: Project-based electrical installation work for commercial buildings, industrial facilities, and residential properties. Includes new installations, renovations, and upgrades.
2. Service and Maintenance Contracts: Ongoing service and maintenance agreements for electrical installations, fire safety systems, and emergency lighting with fixed inspections and hourly rates.
3. IKT/IT Services: IT infrastructure, support, and managed services for small and medium businesses including server management, client systems, and cloud solutions.
4. Automation Systems: Design, installation, and maintenance of control systems, PLC systems, and central monitoring systems for industrial and building automation.
5. Maritime Electronics: Installation and service of marine electronics including navigation systems, communication equipment, and safety systems for vessels.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Lofoten Elektro AS is one of the largest electrical contractors in the Lofoten region of Norway, operating from three branches (Svolvær, Leknes, Ramberg). It provides electrical installation, maintenance, automation, telecommunications, fire safety, electrical inspection (including NEK 405-1 thermography), ICT/IT services, and maritime electronics installation across residential, commercial, industrial, government, and maritime customers.

Product overview

Lofoten Elektro AS is one of the largest electrical contractors in Lofoten, Norway, offering a comprehensive portfolio of electrical and technology services. The company operates five integrated service divisions: (1) Elektroinstallasjon covering electrical installation, renovation, and service agreements for industrial, commercial, and residential properties; (2) Automasjon providing PLC control systems (Siemens, WAGO, Omron), central monitoring (AVEVA, Desigo CC), IIoT, building automation, robotics, and instrumentation; (3) Ekom og brann delivering telecommunications, fire alarms, intrusion detection, cameras, and access control; (4) IKT offering IT support, infrastructure, server/client management, cybersecurity, digitalization, and Microsoft 365; and (5) Maritim Installasjon supplying maritime electronics including navigation (Simrad, Pronav, Jotron, Olex), communication, and vessel installations. Additional services include electrical inspections with thermography (NEK 405-1/405-3) and fire system control (FG-705).

Differentiator

Problem solved

Functional benefit

Products and services

• Electrical Installation Services (Elektroinstallasjon) Design, consulting, calculation, and installation of electrical systems for industrial facilities, commercial buildings, and residential properties, including renovations and ongoing service agreements.
• Automation Services (Automasjon) Design, delivery, and maintenance of PLC control systems (Siemens, WAGO, Omron), central operations monitoring (AVEVA, Desigo CC), IIoT, building automation, robotics, instrumentation, and frequency converters for industrial and building applications.
• Telecom and Fire Safety (Ekom og brann) Teletechnical installations, fiber/data networks, fire alarm systems, intrusion alarms, wireless alarms, camera surveillance, and access control systems for buildings and facilities.
• ICT Services (IKT) Comprehensive IT services for SMBs including ICT support, IT infrastructure, server and client management, information security, cloud migration, Microsoft 365 implementation, and consulting.
• Maritime Installation (Maritim Installasjon) Complete maritime electronic installations for vessels including radio and satellite communication, navigation (Simrad, Pronav, Jotron, Olex), fish-finding equipment, VMS tracking, switchboards, generator load testing, and E0-testing.
• Electrical Inspection (Elkontroll) Electrical inspection and control services using thermography (NEK 405-1), commercial/agricultural inspections (NEK-405-3), and fire and emergency lighting control (FG-705) via the Norik internal control system.

Quantifiable outcome

• Emergency lighting renovation completed February-June 2025 for major shopping center
• +2 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• NordkontaktcoreStrategic or Co-development Partner · 1 January 2012Nordkontakt became co-owner of Lofoten Elektro in 2012, providing access to a larger professional community and enabling delivery of automation and telecom/datacom services. As part of this larger group, the company can offer a broader range of services.
• Øksnes EntreprenørcoreStrategic or Co-development PartnerJoint venture partner for STIM headquarters project (2021-2022) along with INDIRA, delivering comprehensive technical solutions for the major construction project.
• INDIRAcoreStrategic or Co-development PartnerJoint venture partner for STIM headquarters project (2021-2022) along with Øksnes Entreprenør, providing combined expertise for total technical delivery.
• Gunvald Johansen Avd. BotekminorImplementation/ SI/ Consulting PartnerSubcontractor partner for Byggfaghallen Leknes project (2023-2024), collaborating on electrical and automation installation for the vocational school building.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• OneCo: Nordic electrical infrastructure and energy services contractor with Norwegian operations covering electrical installations, automation, and telecom. Similar service mix and project-based delivery model to Lofoten Elektro.
• GK Norge: Norwegian technical contractor specializing in electrical installations, building automation, and HVAC for commercial and industrial buildings. Strong overlap with Lofoten Elektro's Elektroinstallasjon and Automasjon divisions.
• Comfort (electrical chain, Norway): Network of independent Norwegian electrical contractors offering residential, commercial, and industrial electrical installations. Direct competitive overlap with Lofoten Elektro's installation service lines.

Broad incumbents

• Assemblin Norge: Nordic installation and service contractor with Norwegian presence, offering electrical, HVAC, and technical facility services. Comparable to Lofoten Elektro's installation-and-maintenance business model.
• Eltel Networks: Nordic provider of technical services for electricity and communication networks. Comparable in EKOMNett-authorized electrical and telecom installation work, though focused more on utility infrastructure.
• YIT Norge: Norwegian operations of YIT, providing building systems, technical installations, and facility services. Comparable in scope of building technical services though broader infrastructure focus.
• Caverion Norge: Norwegian operations of Caverion, a major Nordic provider of technical building solutions including electrical installations, automation, and security. Overlaps with Lofoten Elektro across multiple service divisions.
• Bravida Norge: Norwegian arm of Bravida, the leading Nordic multi-technical service provider covering electrical, HVAC, security, and automation. Directly comparable to Lofoten Elektro's broad service portfolio but at vastly greater national scale.

Others

• Consto: Norwegian general contractor that contracted Lofoten Elektro for the Thon Hotel Svolvær project. Comparable as an ecosystem partner in the Norwegian construction value chain rather than a direct competitor.

Regional players

• NTE Elektro: Trøndelag-based regional electrical contractor within the NTE energy group, serving commercial, industrial, and residential customers. Comparable regional business model and customer mix to Lofoten Elektro.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/LofotenElektroAs
• LinkedInno.linkedin.com/company/lofoten-elektro-as

Revenue estimate

Valuation estimate

Number of profiles

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 Lofoten Elektro