Akh Gruppen
AKH Gruppen AS is a privately held Norwegian holding company that owns six construction, infrastructure, real estate development, and equipment rental subsidiaries, exercising active ownership through risk management across the Norwegian building sector.
- Company typePrivate
- Founded1974
- HeadquartersOslo, Norway
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Akh Gruppen does
AKH Gruppen AS is a privately held Norwegian investment holding company headquartered at Karenslyst allé 4 in Oslo, operating exclusively in the Norwegian construction and infrastructure sector. The group owns six wholly-owned operating subsidiaries: Hæhre Entreprenør (road and civil engineering), Isachsen Anlegg (civil engineering and construction services), Contur (construction services), NOMAS (construction and infrastructure), Dekar Tomteutvikling (real estate development), and Rental Group (equipment rental). The parent company's role is described as active ownership exercised through risk management and the facilitation of safety, profitable growth, and sustainable development across the portfolio. The group was originally founded in 1974 as Hæhre Entreprenør by Albert Kr. Hæhre and has operated under several names (BetonmastHæhre AS, HI-Gruppen, Infra Group AS) before adopting the AKH Gruppen AS name in 2020 following a restructuring that separated it from the building construction business to become a pure-play construction and infrastructure operator.
The group generates revenue indirectly through the project-based and equipment-rental activities of its six operating subsidiaries, which serve Norwegian construction and infrastructure clients via direct sales and field sales channels. AKH Gruppen itself employs only 1-10 people at the corporate level and does not market directly to end customers. Revenue mechanics are therefore a consolidation of subsidiary-level contracting, real estate development, and rental income. The company does not publish consolidated revenue figures, and its shares are unlisted, with trading facilitated on a best-effort basis through a broker agreement with Arctic Securities. The group pays supplementary dividends twice yearly based on financial position and capital needs, with NOK 6.00 per share paid in June 2025 and NOK 3.00 per share paid in December 2024.
From a governance and capital perspective, the firm completed a NOK 600 million refinancing and capital raise in 2019, and has maintained continuous quarterly and annual reporting from 2020 through 2026. Leadership is anchored by CEO Lars Hæhre, Group CFO Jonas Gunstad, and Board Chair Haakon Tronrud, with founder-family members (Albert Hæhre, Nina Hæhre) on the board. The calculated wealth value per share declined from NOK 17,331 (31 Dec 2024) to NOK 8,210 (31 Dec 2025), while dividends have continued, indicating cash generation alongside a re-rating of the equity. There is no evidence of AI/ML capabilities, patents, awards, or formal partnerships; the moat is grounded in the operating history, brand reputation, and coordinated ownership of six specialized construction and infrastructure businesses.
Akh Gruppen firmographics
Firmographics- Name
- Akh Gruppen
- Legal name
- AKH Gruppen AS
- Website
- https://akhgruppen.no
- Company type
- Private
- Founded year
- 1974
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- AKH Gruppen AS is a privately held Norwegian holding company that owns six construction, infrastructure, real estate development, and equipment rental subsidiaries, exercising active ownership through risk management across the Norwegian building sector.
- Ownership category
- akta.pro rank
Akh Gruppen industry classification
Industry- Product category
- Construction & Infrastructure Holding Company
- NAICS
- Management of Companies and Enterprises (55111), Management of Companies and Enterprises (55), Corporate, Subsidiary, and Regional Managing Offices (551114), Real Estate Property Managers (53131)
- SIC
- Non-Operating Establishments (9995), General Bldg Contractors - Nonresidential Bldgs (1540)
- akta.pro primary industry
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
Keywords
Where Akh Gruppen is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Akh Gruppen business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Marketing or Sales
Distribution channels1 record
Marketing channels1 record
Akh Gruppen product offering
Product offeringCore offering
AKH Gruppen AS is a Norwegian private holding company that owns and actively governs six operating businesses in construction, civil engineering, and real estate development: Hæhre Entreprenør, Isachsen Anlegg, Contur, NOMAS, Dekar Tomteutvikling, and Rental Group. The group's role is to exercise active ownership through risk management, safety oversight, and strategic facilitation of profitable and sustainable growth across its wholly-owned subsidiaries operating in the Norwegian construction and infrastructure sector.
Product overview
AKH Gruppen is an investment holding company that operates a portfolio of six distinct construction and infrastructure companies. The group exercises active ownership through risk management and facilitates safety, profitable growth, and sustainable development across its subsidiaries. The portfolio includes Hæhre Entreprenør (road and civil engineering), Isachsen Anlegg (civil engineering), Contur (construction services), NOMAS (operating company), Dekar Tomteutvikling (real estate development), and Rental Group (equipment rental services).
Differentiator
Problem solved
Functional benefit
Brands
- Hæhre Entreprenør: Construction and infrastructure company owned by AKH Gruppen
- Isachsen Anlegg
- Contur
- NOMAS
- Dekar Tomteutvikling
- Rental Group
Products and services
- Hæhre Entreprenør Wholly-owned subsidiary of AKH Gruppen specializing in road and civil engineering construction and infrastructure projects in Norway.
- Isachsen Anlegg
- Contur
- NOMAS
- Dekar Tomteutvikling
- Rental Group
Companies that use Akh Gruppen
Customer profileIdeal customer profiles3 records
Akh Gruppen technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Akh Gruppen partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights4 records
Akh Gruppen competitors and assessment
Company assessmentDirect peers
- Mesta AS: Norwegian contractor specializing in road construction, maintenance, and civil infrastructure. Directly comparable to Hæhre Entreprenør and Isachsen Anlegg in civil engineering and road construction.
- Veidekke ASA: Norwegian construction and infrastructure conglomerate operating across civil engineering, building construction, and property development. Directly comparable as a diversified Norwegian contractor with a holding-like structure and similar end-markets to AKH Gruppen's subsidiaries.
- Betonmast AS: Norwegian construction group historically linked to AKH Gruppen through the prior BetonmastHæhre entity. Directly comparable Norwegian building and construction operator with overlapping market and customer base.
- AF Gruppen ASA: Norwegian contractor with operations in civil engineering, building, and offshore/decommissioning. Directly comparable as a multi-subsidiary Norwegian construction operator competing for the same public and private infrastructure contracts.
Broad incumbents
- NCC AB: Major Nordic construction and real estate development company with Norwegian operations in infrastructure and building. Comparable as a multi-business construction operator serving similar Nordic public and private clients.
- Skanska AB: One of the largest Nordic construction and project-development groups, with Norwegian presence in civil engineering and building. Comparable in scale and scope of construction activities, though broader geographically and publicly listed.
- Peab AB: Swedish construction and civil engineering group active in Norway, with operations spanning building, civil, and infrastructure. Comparable end-markets and project types to AKH Gruppen's contracting subsidiaries.
Regional players
- YIT Corporation: Finnish construction and infrastructure company with Nordic footprint. Comparable as a Northern European construction operator, though primarily Finland-based rather than competing head-to-head in Norway.
Others
- Bravida Holding AB: Nordic multi-technical installation and service provider. Adjacent to AKH Gruppen's construction ecosystem through service-contracting breadth in Nordic markets, though not a direct competitor in heavy civil construction.
Emerging players
- Multiconsult ASA: Norwegian engineering and consulting firm serving infrastructure and construction projects. Comparable in market focus on Norwegian infrastructure, though service-based (design/consulting) rather than contracting.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Akh Gruppen social profiles
Digital presenceAkh Gruppen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Akh Gruppen leadership team
Management profileNumber of profiles
Profiles12 records
Akh Gruppen subsidiaries and ownership
Company hierarchySubsidiaries6 records
Akh Gruppen funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Akh Gruppen 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 Akh Gruppen
What does Akh Gruppen do?
AKH Gruppen AS is a Norwegian private holding company that owns and actively governs six operating businesses in construction, civil engineering, and real estate development: Hæhre Entreprenør, Isachsen Anlegg, Contur, NOMAS, Dekar Tomteutvikling, and Rental Group. The group's role is to exercise active ownership through risk management, safety oversight, and strategic facilitation of profitable and sustainable growth across its wholly-owned subsidiaries operating in the Norwegian construction and infrastructure sector.
Is Akh Gruppen a public or private company?
Akh Gruppen is a private company. It is classified as family owned and is currently operating.
When was Akh Gruppen founded?
Akh Gruppen was founded in 1974. It employs 1 to 10 people.
Where is Akh Gruppen based?
Akh Gruppen is headquartered in Oslo, Norway, in the Europe region.
Who are Akh Gruppen's main competitors?
Direct peers on record are Mesta AS, Veidekke ASA, Betonmast AS and AF Gruppen ASA. Broad incumbents are NCC AB, Skanska AB and Peab AB. YIT Corporation is listed as a regional player. Bravida Holding AB is listed as an others. Multiconsult ASA is listed as an emerging player.
Does Akh Gruppen have an API?
No public API is recorded for Akh Gruppen.
What industry is Akh Gruppen in?
Akh Gruppen's product category is Construction & Infrastructure Holding Company. Its primary akta.pro industry code is BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization). Its NAICS code is 55111 and its SIC code is 9995.