HyCom AS
HyCom AS is a Bergen-based Norwegian hydraulic services firm (~30 staff) offering design, repair, testing, and recertification of hydraulic systems and pressurized equipment to offshore oil and gas, maritime, transit, defense, and industrial customers. Acquired by Servi Group in December 2025.
- Company typePrivate
- Founded2008
- HeadquartersMathopen, Norway
- Headcount11–50
- GTM typeB2B
- OfferingServices
What HyCom AS does
HyCom Hydraulikk Competance AS is a Bergen, Norway-based hydraulic services company founded in 2008, operating from owned facilities at Håkonshella with its own quay, ~1,150 m² of indoor workshop space plus ~1,200 m² outdoors, and a workforce of roughly 30. The company offers an end-to-end hydraulic service stack: design, development and production of custom hydraulic systems (including HPU manufacture); on-site and in-workshop troubleshooting and repair; cylinder service; pipefitting across pressure classes; testing and recertification of pressurized equipment in a dedicated video-monitored test department capable of pressures up to 2,500 bar; plus complementary component sales, equipment rental, and the Håkonshella Marina operation (~50 berths, diesel, shore power). Customers include offshore oil and gas operators and service firms (Equinor Gullfaks B, Archer, KCA Deutag, Aker Solutions), maritime/cruise operators (Viking Line), public transit (Bybanen/Bergen Light Rail), defense (Norwegian Armed Forces), hydropower, and land-based industry.
HyCom operates a field-service-driven, enterprise-focused go-to-market, with service engineers dispatched onshore and offshore and a 24/7 emergency hotline serving a regional industrial cluster around Bergen. The business is privately held, ISO 9001:2015, ISO 14001:2015 and ISO 45001:2023 certified, and Great Place to Work certified (2023). On 15 December 2025, HyCom was acquired by Servi Group AS — Norway's largest hydraulics competence center with ~340 employees, 8 locations, and NOK 970M in 2024 revenue — and now operates as a wholly-owned subsidiary while retaining the HyCom brand. Founder/Managing Director Åshild Østerbø continues through 31 March 2026 before transitioning to an advisory role, with Servi's Stian Mjøs succeeding her as Managing Director from 1 April 2026.
HyCom AS firmographics
Firmographics- Name
- HyCom AS
- Legal name
- HyCom Hydraulikk Competance AS
- Website
- https://hycom.no
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- HyCom AS is a Bergen-based Norwegian hydraulic services firm (~30 staff) offering design, repair, testing, and recertification of hydraulic systems and pressurized equipment to offshore oil and gas, maritime, transit, defense, and industrial customers. Acquired by Servi Group in December 2025.
- Ownership category
- akta.pro rank
HyCom AS industry classification
Industry- Product category
- Hydraulic Equipment Services
- NAICS
- Fluid Power Pump and Motor Manufacturing (333996), Other General Purpose Machinery Manufacturing (3339), Pump and Compressor Manufacturing (33391), Oil and Gas Field Machinery and Equipment Manufacturing (333132)
- SIC
- Misc Industrial & Commercial Machinery & Equipment (3590), General Industrial Machinery & Equipment (3560), Pumps & Pumping Equipment (3561)
- akta.pro primary industry
- Hydraulic, Pneumatic & Fluid Power Systems MRO (Cylinders, Pumps, Valves, Hoses) (TLAKAHAI)
- akta.pro secondary industries
- Hydraulic Power Units & Systems (HPUs, Manifolds, Integrated Circuits) (IMAHAGAB), Hoses, Tubing & Fittings (Hydraulic/Pneumatic Lines & Connectors) (IMAHAGAH), Filtration, Condition Monitoring & Fluid Management (Filters, Breathers, Oil Analysis, Cooling) (IMAHAGAL)
Keywords
Where HyCom AS is headquartered
LocationHeadquarters
- HQ city
- Mathopen
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
HyCom AS business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Service and Repair: Troubleshooting and repair of hydraulic and mechanical equipment performed both on-site at customer locations and at their workshop facility
- Component Sales: Sale of hydraulic components including pumps, motors, valves, cylinders, accumulators, filters, pipes, and hoses from reputable manufacturers
- Equipment Rental: Rental of hydraulic machines and equipment including bending machines, collar machines, welding equipment, hydraulic units, and filtering units
- Testing and Recertification: Testing and recertification of pressurized equipment with full documentation, including accumulators and pressure vessels
- Design, Development and Production: Custom hydraulic system design, development and production services including piping and complete system solutions
- Marina Operations: Operation of Håkonshella Marina with approximately 50 boat berths, diesel sales, and shore power services
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
HyCom AS product offering
Product offeringCore offering
HyCom AS is a Norwegian hydraulic services company that designs, develops, produces, tests, recertifies, troubleshoots, and repairs hydraulic systems and equipment for enterprise customers. Its service offering spans pressure testing and recertification of pressurized equipment (up to 2,500 bar), on-site and in-workshop troubleshooting and repair, custom hydraulic system design and HPU production, cylinder overhaul, hydraulic pipefitting, component sales, and equipment rental. The company operates from a workshop facility in Håkonshella, Bergen, with its own quay for marine/offshore access, and serves offshore oil and gas, maritime, land-based industry, defense, and power generation customers primarily in Norway.
Product overview
HyCom AS is a hydraulic services company offering a comprehensive portfolio of services rather than packaged software products. The company's service offering centers on five core areas: (1) Testing and Recertification of Pressurized Equipment with own test workshop department, (2) Troubleshooting and Repair performed both on-site and in-house, (3) Design, Development and Production of hydraulic systems with in-house engineering and technical design capabilities, (4) Cylinder Service covering production, inspection and overhaul, and (5) Hydraulic Plumbing/Pipefitting for various pressure classes. Supporting services include Component Sales (pumps, motors, valves, accumulators, hoses, fittings from manufacturers), Equipment Rental (bending machines, welding equipment, hydraulic units), and Håkonshella Marina operations (boat berths and marina services). The company serves offshore, onshore, land-based industry, fisheries, and aquaculture sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Testing and Recertification of Pressurized Equipment
Quantifiable outcome
- Noise reduction in hydraulic systems up to 60%
- +1 more outcomes
Companies that use HyCom AS
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles4 records
HyCom AS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
HyCom AS partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Servi GroupflagshipHyCom was acquired by Servi Group on December 15, 2025, becoming part of Norway's largest centre of expertise in hydraulics with approximately 340 employees and 8 locations. Servi Group has roots dating back to 1912. HyCom maintains its own name and existing contacts while gaining access to Servi's other workshops and centres of expertise. Åshild Østerbø continues as Managing Director until March 2026, after which Stian Mjøs takes over.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
HyCom AS competitors and assessment
Company assessmentDirect peers
- Vestnorsk Hydraulikkservice AS (VNH): Norwegian hydraulic services company from which HyCom's four founders spun off in 2008; competes for the same West-Norway hydraulic MRO customers.
- Hydac International: German fluid power specialist focused on filtration, accumulators, cooling, and hydraulic system conditioning; directly comparable to HyCom's 2,500 bar pressure testing and fluid management services.
- Bucher Hydraulics: Swiss manufacturer of hydraulic power units, cylinders, pumps, valves, and related components with OEM and aftermarket service that competes in the same niche as HyCom's HPU design, production, and cylinder overhaul.
- Hoerbiger: Austrian-based manufacturer and service provider for hydraulic, pneumatic, and compressor technologies with field service and component offerings relevant to HyCom's fluid power MRO model.
- PMC Hydraulics (Hydrapro): Northern European hydraulic service specialist offering on-site breakdown response, system design, and component remanufacturing comparable in scope to HyCom's combined workshop and field service model.
Broad incumbents
- Bosch Rexroth: Global hydraulics OEM with extensive service network and component catalog overlapping HyCom's pumps, motors, valves, cylinders, hoses, and integrated hydraulic power unit offerings.
- Servi Group: Norway's largest hydraulics expertise centre (340 employees, 8 locations, NOK 970M revenue) and parent/acquirer of HyCom since December 2025; operates directly overlapping hydraulic MRO, component sales, and HPU services nationally.
- Parker Hannifin: Diversified motion and control technologies company supplying hydraulic components, accumulators, and service support closely matched to HyCom's component sales and recertification work.
- Moog Inc. Industrial motion control supplier with hydraulic and electro-hydraulic service offerings targeting marine, offshore, and industrial applications overlapping HyCom's customer verticals.
Others
- Aker Solutions (Hydraulics operations): Disclosed HyCom customer that also operates internal hydraulic system fabrication and maintenance for offshore platforms; ecosystem participant that competes for adjacent scopes and could in-source hydraulics work.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
HyCom AS social profiles
Digital presenceHyCom AS financial estimates
Financial estimateRevenue estimate
Valuation estimate
HyCom AS leadership team
Management profileNumber of profiles
Profiles8 records
HyCom AS subsidiaries and ownership
Company hierarchySubsidiaries1 record
HyCom AS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HyCom AS 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 HyCom AS
What does HyCom AS do?
HyCom AS is a Norwegian hydraulic services company that designs, develops, produces, tests, recertifies, troubleshoots, and repairs hydraulic systems and equipment for enterprise customers. Its service offering spans pressure testing and recertification of pressurized equipment (up to 2,500 bar), on-site and in-workshop troubleshooting and repair, custom hydraulic system design and HPU production, cylinder overhaul, hydraulic pipefitting, component sales, and equipment rental. The company operates from a workshop facility in Håkonshella, Bergen, with its own quay for marine/offshore access, and serves offshore oil and gas, maritime, land-based industry, defense, and power generation customers primarily in Norway.
Is HyCom AS a public or private company?
HyCom AS is a private company. It is classified as corporate owned and is currently operating.
When was HyCom AS founded?
HyCom AS was founded in 2008. It employs 11 to 50 people.
Where is HyCom AS based?
HyCom AS is headquartered in Mathopen, Norway, in the Europe region.
How does HyCom AS make money?
Six revenue lines are on record. Service and Repair is the primary driver. The others are component Sales, equipment Rental, testing and Recertification, design, Development and Production and marina Operations.
Who are HyCom AS's main competitors?
Direct peers on record are Vestnorsk Hydraulikkservice AS (VNH), Hydac International, Bucher Hydraulics, Hoerbiger and PMC Hydraulics (Hydrapro). Broad incumbents are Bosch Rexroth, Servi Group, Parker Hannifin and Moog Inc.. Aker Solutions (Hydraulics operations) is listed as an others.
Does HyCom AS have an API?
No public API is recorded for HyCom AS.
What industry is HyCom AS in?
HyCom AS's product category is Hydraulic Equipment Services. Its primary akta.pro industry code is TLAKAHAI, Hydraulic, Pneumatic & Fluid Power Systems MRO (Cylinders, Pumps, Valves, Hoses), with a secondary code of IMAHAGAB, Hydraulic Power Units & Systems (HPUs, Manifolds, Integrated Circuits). Its NAICS code is 333996 and its SIC code is 3590.