Ziko Gruppen As

What Ziko Gruppen As does

Ziko Gruppen AS is a privately held Norwegian property developer headquartered in Kristiansund that develops, leases, and trades residential, commercial, and leisure real estate across multiple Norwegian regions. The company was founded in 2018 and operates through a network of 40+ wholly-owned property subsidiaries, each typically aligned to a single asset or project, spanning Kristiansund, Averøy, Molde, Florø, Mosjøen, Sandnessjøen, Egersund, Arendal, and Finsland, with one international foothold in Croatia via TND Property AS. Its service mix is organized around three lines: Eiendomsutvikling (property development, identifying and revitalizing unrealized sites), Utleie (rental of commercial and residential properties), and Kjøp og salg (buying and selling of properties).

The company's portfolio includes purpose-built, energy-class-A assets such as the 2,133 m² Blålysbygget health and emergency services building delivered in late 2023 and the 5,100 m² three-floor Verkstedveien 11 commercial building undergoing full renovation from August 2025. Anchor tenants include Norwegian public-sector entities (NAV, Helse Møre og Romsdal HF, Kristiansund kommune, Helgelandssykehuset) and enterprises such as Ahlsell, Coop, Betonmast, and Amedia. The technology stack is deliberately non-proprietary; digital touchpoints are limited to a company website, an interactive property map, and a 360-degree plot viewer built in collaboration with Nettstudio AS.

Commercially, Ziko Gruppen runs a direct-to-customer model with no third-party resellers, channeling sales through ziko.no, social channels (LinkedIn, Facebook), and a single primary contact (Espen Bugge Larssen, [email protected]). Revenue mechanics combine recurring rental income from long-term anchor leases with one-time proceeds from lot and unit sales (e.g., Røsandåsen residential lots from 490,000 NOK + fees). The company does not disclose revenue, has no external funding rounds recorded, and reports a headcount of 1-10, consistent with an asset-heavy developer that relies on contracted construction partners such as Panelbygg AS for delivery.

Name

Ziko Gruppen As

Legal name

Ziko Gruppen AS

Website

https://ziko.no

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Ziko Gruppen AS is a privately held Norwegian property developer that develops, leases, and trades residential, commercial, and leisure real estate across Norway via 40+ wholly-owned subsidiaries, serving public-sector and enterprise tenants alongside individual buyers.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Management of Companies and Enterprises (5511)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industries

New Development / Declarant Transition Management (BPAJAHAK), HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Property development
• Commercial leasing
• Residential real estate
• Leisure properties
• Land development

Headquarters

HQ city

Kristiansund

HQ country

Norway

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Eiendomsutvikling (Property Development): The company identifies potential in undeveloped properties, plans, develops and gives them new life for future community needs. Development includes residential, commercial, and leisure properties.
2. Utleie (Rental): Rental of commercial and residential properties based on thorough analyses and market research. Dedicated to understanding tenant needs and their daily operations.
3. Kjøp og salg (Purchase and Sale): Property purchase and sale based on thorough analyses, market knowledge and a focus on future needs.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Ziko Gruppen AS is a Norwegian national property developer that identifies potential in undeveloped properties, plans, develops, and revitalizes them for community needs. The company operates across three core lines: Eiendomsutvikling (property development) of residential, commercial and leisure properties; Utleie (rental of commercial and residential properties); and Kjøp og salg (purchase and sale of properties). It manages a broad portfolio of 40+ subsidiary-held properties across Norway.

Product overview

Ziko Gruppen AS is a national Norwegian real estate developer offering a unified portfolio of property services centered around three core offerings: Eiendomsutvikling (property development), Utleie (rental services), and Kjøp og salg (buying and selling). The company develops and manages a diverse property portfolio including residential projects (Aspåsen Panorama AS, Molde Panorama AS, G22 Eiendom AS, Nergata 2 B AS), commercial/industrial properties (BS1 Eiendom AS, VV5 Eiendom AS, Kongens Plass 7 AS), land/plots (Luva Tomter AS, Ziko Tomter AS, Saga Eiendom Tomter AS), and leisure properties (Sjøhus Lysøya FR3, Ziko Tomter AS). Supplementary digital tools include an interactive property map and 360-degree plot viewing. The portfolio spans across multiple Norwegian regions including Kristiansund, Molde, Averøy, Mosjøen, Florø, Egersund, Arendal, and includes one international property in Croatia (TND Property AS).

Differentiator

Problem solved

Functional benefit

Products and services

• Eiendomsutvikling (Property Development) Property development service that identifies potential in undeveloped properties, plans, develops, and gives them new life for future community needs across residential, commercial, and leisure segments.
• Utleie (Rental Services) Rental services based on thorough market analyses and dedicated to understanding tenant needs and their daily operations. Leases commercial and residential properties across Norway.
• Kjøp og salg (Buying and Selling) Property buying and selling services based on thorough market analyses and a forward-looking focus on community and tenant needs.

Quantifiable outcome

• Blålysbygget ferdigstilt November/Desember 2023 - 2,133 m² helsebygg med energiklasse A
• +1 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Panelbygg AScoreStrategic or Co-development Partner · 1 November 2023Panelbygg AS built and delivered Blålysbygget (2,133 m² health building) in November-December 2023. The building was delivered ready for use by tenants Helse Møre og Romsdal HF and Kristiansund kommune. Panelbygg constructed the building using prefabrication methods including solid wood construction.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• SBB (Samhällsbyggnadsbolaget): SBB is a Nordic property company owning community service properties, residential units, and commercial real estate across the Nordics. Comparable as a Nordic mixed-use property owner with public-sector tenant exposure, similar to Ziko's government-leased health and welfare facilities.
• Entra ASA: Entra is a major Norwegian commercial real estate company owning and developing office properties, with strong government tenant exposure. Comparable to Ziko's commercial portfolio and government leasing activity, though at much larger scale and focused on the Oslo region.
• Heimstaden AB: Heimstaden is a major Nordic residential rental property owner and developer operating across Norway, Sweden, Denmark, and Germany. Comparable as a Nordic landlord/developer, though at significantly larger scale and focused on residential rental rather than mixed-use development.
• Veidekke ASA: Veidekke is a large Scandinavian construction contractor and residential developer with significant Norwegian operations. Comparable as it undertakes both property development and construction, though it operates at much larger scale across multiple Nordic countries.
• Bonheur ASA: Bonheur is a Norwegian investment holding company with significant real estate exposure through its property subsidiaries, including offshore and onshore developments. Comparable as a Norwegian investment structure holding property subsidiaries, similar to Ziko's 40+ wholly-owned property company structure.
• AF Gruppen ASA: AF Gruppen is a Norwegian contracting and property development group with civil engineering, building, and property operations. Comparable as it combines property development with construction execution, similar to Ziko's vertical integration across development, leasing, and sales.

Direct peers

• Selvaag Bolig ASA: Selvaag Bolig is a publicly listed Norwegian residential property developer focused on the Greater Oslo region and other Norwegian urban areas. Comparable as a Norwegian homebuilder developing and selling residential units, with overlapping exposure to plot development and apartment projects.
• OBOS: OBOS is Norway's largest residential housing developer and member-based cooperative, directly comparable as it develops and sells residential properties across Norway. Ziko Gruppen operates in the same Norwegian residential development category, though at a smaller regional scale.
• Norwegian Property ASA: Norwegian Property is a publicly listed real estate company focused on commercial office properties in Norway. Comparable as a Norwegian commercial property owner and operator with mixed-use portfolio exposure, overlapping with Ziko's commercial subsidiaries such as BS1 Eiendom and Kongens Plass 7.
• Kruse Smith AS: Kruse Smith is a regional Norwegian construction and property development company with operations primarily on the south/west coast of Norway. Comparable as a regional Norwegian developer with mixed residential and commercial exposure, similar to Ziko's multi-city Norwegian footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/ZikoGruppenAS
• LinkedInlinkedin.com/company/ziko-gruppen-as

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries33 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 Ziko Gruppen As