What Åsen & Øvrelid AS does

Åsen & Øvrelid AS is a privately held Norwegian building and civil construction contractor headquartered in Førde, operating throughout the Nordvestlandet region (Sogn og Fjordane and Møre og Romsdal) with regional subsidiaries in Ålesund (Åsen & Øvrelid Nordvest AS, established 2019) and Molde (Åsen & Øvrelid Røberg AS). Founded in 1988, the firm employs approximately 220 people and self-describes as one of the largest contractors on Nordvestlandet, with annual turnover exceeding 700 million NOK. It delivers projects as a totalentreprenør (main/turnkey contractor) primarily for Norwegian public-sector clients — municipalities, county councils, and healthcare trusts — and for large private property developers; reference projects include the Sentrumsskule Sykkylven (215+ MNOK, mass timber), Dingemoen skule (186 MNOK), Kolvikbakken Ungdomsskule (160+ MNOK), and the Vitensenter Kaupanger (100+ MNOK).

The company executes work through in-house teams spanning carpentry, concrete/tiling/masonry, landscaping, groundwork, project and site management, acoustics, and system/specialty installation (including DEKO glass walls and concrete sawing/core drilling services via the Røberg division), reducing reliance on subcontracted trades. Project delivery is supported by a digitalized management system built on Teams/SharePoint, Proresult, and StreamBIM covering HSE, quality control (ISO 9001), environmental management (ISO 14001), risk analysis, and internal audits; the firm is also certified under Norway's Eco-Lighthouse (Miljøfyrtårn, since August 31, 2020) and holds central authorization in Tiltaksklasse 3, the highest Norwegian construction approval tier.

Revenue is generated through project-based contracts won via public competitive tendering and direct negotiation with private developers, supplemented by a wholly-owned property development arm, Å&Ø Utvikling AS, which purchases land and has developed approximately 1,000 residences plus commercial product on Nordvestlandet. The firm also acts as a co-investor / medinvestor in selected projects alongside its construction role. Marketing and demand generation rely on a project portfolio website, Facebook presence, and local community sponsorship rather than paid digital advertising; pricing is project-specific, quote-based, and not publicly disclosed.

Name

Åsen & Øvrelid AS

Legal name

Åsen & Øvrelid AS

Website

https://aasen-ovrelid.no

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

101–250 employees

Short description

Åsen & Øvrelid AS is a privately held Norwegian building and civil contractor (founded 1988) delivering public-sector and private turnkey construction projects across Nordvestlandet, with 220+ employees, 700M+ NOK turnover, and regional subsidiaries in Førde, Ålesund, and Molde.

Ownership category

akta.pro rank

Product category

Construction Contracting Services

NAICS

Commercial and Institutional Building Construction (23622), Nonresidential Building Construction (2362), New Housing For-Sale Builders (236117), Land Subdivision (23721)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

akta.pro secondary industries

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Landscape Construction Project Management & General Contracting (HSAIABAK)

Keywords

• Turnkey construction contracting
• Main contractor services
• Commercial building construction
• Public infrastructure construction
• Property development services

Headquarters

HQ city

Førde

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Totalentrepriser / Main Contractor Revenue: Revenue from delivering construction projects as main or turnkey contractor for public clients and large private developers, using in-house teams for carpentry, concrete/masonry, landscaping, groundwork, project management, acoustics, and system installation. Covers the full project lifecycle from regulation and design through completion.
2. Property Development (Å&Ø Utvikling): Wholly-owned subsidiary Å&Ø Utvikling AS purchases land, develops and sells residential units and commercial sections. Has developed approximately 1,000 residences on Nordvestlandet. Also acts as co-investor/developer in joint projects.
3. Co-Investment / Medinvestor: Åsen & Øvrelid AS, or affiliated companies, may co-invest as equity partners in projects or land developments. In such projects, Åsen & Øvrelid AS typically performs the construction works as main contractor.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Åsen & Øvrelid AS delivers building and civil construction projects as a main and turnkey contractor (totalentreprenør) for public clients and large private developers across Norway's Nordvestlandet region. The company bundles in-house trades — carpentry, concrete/masonry, landscaping, groundwork, acoustics, and system installation — with project and site management to take projects from regulation and design through completion. Through its wholly-owned Å&Ø Utvikling AS subsidiary, it also purchases land and develops residential and commercial property.

Product overview

Åsen & Øvrelid AS is a construction company (byggentreprenør) that operates as a unified construction enterprise rather than a modular software platform. The company provides turnkey/totalentreprise contracting as its core offering, supplemented by in-house trade services including carpentry, concrete/masonry, landscaping, groundwork, acoustics, and system installation. The company is structured with three regional subsidiaries: Å&Ø Utvikling AS (property development), Åsen & Øvrelid Nordvest AS (Ålesund), and Åsen & Øvrelid Røberg AS (Molde). Specialty services include concrete sawing/core drilling and DEKO system installation. The company focuses on public clients and large private developers, operating throughout the Nordvestlandet region.

Differentiator

Problem solved

Functional benefit

Products and services

• Totalentreprise (Turnkey Contracting) Main and turnkey contracting (totalentreprise) for high-quality building projects, primarily for public clients and large private developers. The company delivers projects from regulation and design through to completion using in-house teams.
• Å&Ø Utvikling AS (Property Development) Wholly-owned subsidiary that purchases land and develops and sells residential and commercial properties. Has developed approximately 1,000 residences plus commercial properties on Nordvestlandet. Manages development and financing of housing and commercial projects on own sites or in collaboration with external partners.
• Åsen & Øvrelid Nordvest AS (Ålesund) Regional subsidiary operating in the Møre & Romsdal market area, specializing in larger and smaller projects for public and private clients with various contract forms.
• Åsen & Øvrelid Røberg AS (Molde) Regional subsidiary primarily operating locally in the Molde region. Includes a dedicated concrete sawing department with 20 years of experience offering core drilling, concrete sawing, wire sawing, floor sawing, and demolition services.
• Concrete Sawing and Core Drilling (Betongsaging og kjerneboring)

Named customers11 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• DEKOminorChannel Partner/ Reseller/ DistributorÅsen & Øvrelid is a dealer (forhandler) and installer of DEKO systeminnreiing (interior systems) on Nordvestlandet, based in Førde in Sunnfjord. Services include full glass walls with glass doors for office fronts and partition walls of sealed system walls. DEKO products are sold and installed as part of Åsen & Øvrelid's interior systems and special solutions division.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Veidekke ASA: One of Norway's largest construction and property development groups with broad public-sector, residential, and civil operations. A broad incumbent competing for the same mega-project tenders that Åsen & Øvrelid bids on, but at much larger scale.
• NCC Norge AS: Norwegian subsidiary of Swedish contractor NCC, active in building construction, infrastructure, and property development. Direct competitor for large public tenders but with national reach and substantially larger resources.
• Skanska Norge AS: Norwegian arm of the Swedish global contractor Skanska, active across building construction, civil, and residential development. Competes with Åsen & Øvrelid for large public tenders in Norway with deeper balance sheet and broader portfolio.
• Peab Anlegg AS / Peab Norge: Norwegian arm of Swedish contractor Peab, delivering building and civil construction projects. Competes with Åsen & Øvrelid for public-sector contracts but with significantly broader geographic reach and scale.
• AF Gruppen ASA: Publicly listed Norwegian contractor with building, civil, and property development operations. Competes for similar public-sector tenders as Åsen & Øvrelid but operates nationally with significantly larger scale.

Direct peers

• Kruse Smith Entreprenør AS: Regional Norwegian contractor with a strong presence in Vestlandet, delivering turnkey building and civil construction. Comparable regional market position and public-sector orientation.
• Backe Entreprenør AS: Norwegian mid-sized general contractor delivering turnkey building projects for public and private clients. Comparable in size, business model (totalentreprenør), and customer mix to Åsen & Øvrelid, with similar multi-trade in-house capabilities.
• Hent AS: Norwegian general contractor specializing in turnkey commercial and public building projects. Closely comparable operating model, project types, and target segments to Åsen & Øvrelid's main contractor work.
• Consto AS: Norwegian general contractor focused on turnkey construction for public and private clients, including offices, schools, and residential developments. Directly comparable business model and customer base.
• Betonmast AS: Norwegian contractor delivering residential, commercial, and public-sector turnkey projects across multiple regions. Comparable in scale, project type mix, and totalentreprenør model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/aasenovrelid

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 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 Åsen & Øvrelid AS