What Skolt Holding does

Skolt Holding AS is a privately held, family-owned Norwegian industrial conglomerate founded in 1953 by brothers Svein, Arne, and Knut Egil Skolt. The group operates through three business areas: Pukk og masser (Aggregates) via Skolt Pukkverk AS and Skolt Miljøpark AS, Entreprenør (Contracting) via Park & Anlegg AS, and Eiendom (Real Estate) via Skolt Eiendom AS. The company serves the Østfold and Follo/Akershus regions of Eastern Norway, with operations spanning from Halden in the south to Drøbak in the north. Ownership is split equally among the three founding families, with professional management led by CEO Karsten F. Hansen (appointed 2016).

The group's core products include construction aggregates (stone sand, subbase, gravel, crushed stone, machine culture, and quarry stone) produced from four strategically located quarries near the E6 highway; integrated construction and civil engineering contracting services; construction waste recycling and surplus mass handling at the Miljøpark facility; and approximately 15,000+ m² of commercial rental properties leased to 15 tenants. The real estate arm is developing Moss Næringspark, a 293,000 m² buildable industrial and logistics park, alongside residential projects and additional commercial developments. Core technology is not publicly disclosed; competitive advantage derives from physical asset ownership, capital-intensive quarry infrastructure, and vertical integration rather than proprietary software or IP.

Revenue is generated through four distinct streams: one-time B2B sales of aggregates (via direct sales and an online store at skolt-pukk.no), project-based contracting revenue from Park & Anlegg, transaction-based fees at Skolt Miljøpark for accepting and recycling construction waste, and recurring rental income from commercial property leases. Disclosed consolidated group revenue is 1.3 billion NOK across approximately 300 employees. The company has periodically monetized land holdings, notably selling 167,000 m² of buildable area in Moss Næringspark to Posten Eiendom and Nrep/Logicenters in 2022. Customer segments include private developers, public infrastructure clients (municipal and government projects), commercial tenants, and large institutional land buyers.

Name

Skolt Holding

Legal name

Skolt Holding AS

Website

https://skolt.no

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

251–500 employees

Short description

Skolt Holding AS is a Norwegian family-owned industrial conglomerate founded in 1953, operating across construction aggregates production from four quarries, civil engineering contracting, construction waste recycling, and commercial real estate development in the Østfold and Follo/Akershus regions.

Ownership category

akta.pro rank

Headquarters

HQ city

Moss

HQ country

Norway

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Aggregates and quarry products: Skolt Pukkverk produces and delivers stone sand, subbase, gravel, crushed stone, machine culture, and quarry stone from four quarries (Vestby, Råde, Moss, Sarpsborg). Products are sold directly to construction companies and public infrastructure projects.
2. Construction and contracting services: Park & Anlegg AS operates as a near-fully integrated construction and building contractor executing projects in collaboration with private and public developers in Østfold and Akershus. Revenue is project-based.
3. Construction aggregates recycling (Miljøpark): Skolt Miljøpark receives non-contaminated concrete, asphalt, clean excavated masses, and surplus stone for recycling and reprocessing into soil, crushed concrete, crushed asphalt, and crushed stone fractions, as well as permanent storage of clean masses at Solli near E6 in Råde municipality.
4. Commercial property leasing and development: Skolt Eiendom leases approximately 15,000+ m2 of commercial space to 15 tenants across office, warehouse, and light industrial use at Vålerveien 159 in Moss and Bjørnstad Entreprenørpark in Sarpsborg. Additionally develops residential properties at Korsgata 42 in Sarpsborg and Bryggerifjellet in Fredrikstad, and develops industrial land at Moss Næringspark and Kalnes Næringspark.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Skolt Holding AS is a family-owned Norwegian industrial conglomerate operating across three business areas: aggregates and quarrying through Skolt Pukkverk AS (four quarries producing stone sand, subbase, gravel, crushed stone, machine culture, and broken stone); construction materials recycling and landfill operations through Skolt Miljøpark AS; integrated construction and civil engineering contracting through Park & Anlegg AS (260 employees); and commercial property leasing and development through Skolt Eiendom AS managing approximately 15,000+ m² of rental space across two properties and developing industrial land at Moss Næringspark (293,000 m²).

Product overview

Skolt Holding AS is a family-owned industrial conglomerate with three distinct business areas operating across the Østfold and Follo/Akershus regions of Norway. The company offers a diversified portfolio of products and services through its divisions: (1) Pukk og masser (Aggregates) comprising Skolt Pukkverk AS and Skolt Miljøpark AS, which produce and deliver construction aggregates (stensand, subbus, singel, pukk, maskinkult, bruddsten) from four quarries and recycle construction materials; (2) Eiendom (Real Estate) through Skolt Eiendom AS managing ~15,000+ m² of rental properties and developing commercial/industrial projects including Moss Næringspark (293,000 m²), Bjørnstad Entreprenørpark, and Kalnes Næringspark plus residential projects at Korsgata 42 and Bryggerifjellet; and (3) Entreprenør (Contractor) via Park & Anlegg AS, a near fully integrated construction contractor with 260 employees serving private and public developers. The company also operates an online store (Skolt Pukk Nettbutikk) for purchasing aggregates. Founded in 1953, the group employs approximately 300 people and generates revenue of 1.3 billion kroner.

Differentiator

Problem solved

Functional benefit

Brands

• Skolt Eiendom: Real estate development and property management subsidiary operating properties in Moss and Sarpsborg
• Skolt Pukkverk
• Skolt Miljøpark
• Park & Anlegg
• Calluna Grøntanlegg

Products and services

• Aggregates production (Skolt Pukkverk AS) Production and delivery of construction aggregates from four strategically located quarries in Vestby, Råde, Moss, and Sarpsborg. Products include stone sand (stensand), subbase (subbus), gravel (singel), crushed stone (pukk), machine culture (maskinkult), and broken stone (bruddsten). Sold directly to construction companies and public infrastructure projects, with online ordering via skolt-pukk.no.
• Construction materials recycling and landfill (Skolt Miljøpark AS) Environmental park (Solli near E6 in Råde) that receives non-contaminated concrete, asphalt, clean excavated masses, and surplus stone for recycling into soil, crushed concrete, crushed asphalt, and crushed stone fractions, plus permanent landfill storage of clean masses. Also operates the Råde Massedeponi approved landfill site.
• Construction and civil engineering contracting (Park & Anlegg AS) Near-fully integrated construction and building contractor with 260 employees executing civil engineering, infrastructure, and building projects for private and public developers. Holds a strong market position in Østfold and Akershus and exceeded 1 billion NOK in revenue in 2022. Also operates Calluna Grøntanlegg green landscape services.
• Commercial property leasing (Skolt Eiendom AS) Leasing of approximately 15,000+ m² of commercial space to 15 tenants across office, warehouse, and light industrial use at two main properties: Vålerveien 159 in Moss and Bjørnstad Entreprenørpark in Sarpsborg. Provides commercial space to businesses in Østfold.
• Industrial and commercial land development (Moss Næringspark, Bjørnstad Entreprenørpark, Kalnes Næringspark) Development of industrial and commercial land including the 293,000 m² Moss Næringspark I/L 7-12 for industry and logistics with associated offices (with sales to Posten Eiendom and Nrep/Logicenters in 2022), Bjørnstad Entreprenørpark in Sarpsborg, and Kalnes Næringspark. Also develops residential projects at Korsgata 42 in Sarpsborg and Bryggerifjellet in Fredrikstad.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators9 records

Recent moves15 records

Expansion highlights5 records

Broad incumbents

• AF Gruppen: One of Norway's largest listed construction and civil engineering contractors, operating across building, infrastructure, and property development. Relevant because it overlaps directly with Park & Anlegg's contractor business and Skolt Eiendom's development activity at significantly greater scale, providing a public benchmark for Skolt's mixed contractor/real-estate model.
• Veidekke: Major Norwegian/Swedish construction and civil engineering group with operations spanning infrastructure, building, and residential development, and a significant aggregates operation. Comparable to Skolt on the integrated contractor-plus-property-development positioning, though substantially larger and publicly listed.
• NCC (Norway): Swedish-headquartered construction group with substantial Norwegian operations across building, infrastructure, and asphalt/aggregates. Overlaps with Skolt on both contracting (NCC Industry/Building) and aggregates (NCC Roads), serving similar private and public developer customers.
• Skanska Norge: Norwegian arm of Swedish construction major Skanska, active in building construction and residential/commercial development. Comparable to Park & Anlegg's building-contracting business and a competing bidder for the kind of public/private developer projects Skolt serves.

Direct peers

• Brødrene Sunde: Privately-held Norwegian family-owned industrial group combining aggregates, ready-mix concrete, and contracting in Western Norway. Closely analogous family-conglomerate structure to Skolt with overlapping activities in quarries, concrete, and construction services.
• Franzefoss: Norwegian producer of aggregates, recycled construction materials, and environmental services with quarrying and mass-recycling operations. Directly comparable to Skolt Pukkverk and Skolt Miljøpark in core aggregates and construction-waste recycling.
• Hæhre Entreprenør: Norwegian infrastructure and civil engineering contractor specializing in road, rail, and earthworks. Comparable to the infrastructure-heavy portion of Park & Anlegg's contracting work, particularly on public projects in Eastern Norway.
• Velde Aggregates: Privately-held Norwegian aggregates producer operating quarries and concrete production in southern Norway. Closest like-for-like peer on Skolt Pukkverk's aggregates business, and also operates concrete production similar to Skolt Betong.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/skoltpukkverk
• LinkedInlinkedin.com/company/skolt-holding-as

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries7 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 Skolt Holding