What Leif Grimsrud AS does

Leif Grimsrud AS is a Norwegian machine contractor (maskinentreprenør) headquartered in Halden with branch offices in Spydeberg and Hvaler, operating through three divisions: Anlegg (civil engineering and infrastructure), Kystmiljø (marine and coastal construction), and Utemiljø (outdoor environment and landscaping). The Anlegg division delivers foundation, concrete, and timber work for power stations, bridges, water and sewage systems, and road/railway projects; Kystmiljø handles pier and breakwater construction, sea pipelines, submarine cable installation, diving inspections, and dredging; Utemiljø provides paving, planting, playgrounds, artificial turf, and sports facilities. The company is 100% owned by Veidekke Entreprenør AS since 2024, following Veidekke's initial 80% acquisition in 2015.

The business is built on a capital-intensive machinery fleet that includes amphibious excavators (Cat bigfloat), tracked machines up to 60+ tonnes, ROV systems for underwater inspection, laser graders, drilling rigs, modern boats and barges, and emerging electric and hybrid equipment. This fleet, valued in the hundreds of millions of NOK, supports projects across eastern Norway (Østfold and southern Akershus) and along the Bohuslän–Oslofjord coastline. The company holds ISO 9001, 14001, and 45001 certifications, Sentralt Godkjent central approval under Norway's Planning and Building Act, Achilles pre-qualification, and approved training company status across five construction trades.

The revenue model is project-based, transaction-fee contracting for both public sector and private clients, with competitive bidding for larger municipal and state infrastructure contracts and direct engagement for smaller private assignments. Customers span municipalities, inter-municipal and state agencies, private businesses, schools, and individual property owners. Revenue reached 825 million NOK in 2023 (up from approximately 750 million NOK in 2018), generated by a workforce of 234 employees operating from the Halden headquarters and regional branches.

Name

Leif Grimsrud AS

Legal name

Leif Grimsrud AS

Website

https://leifgrimsrud.no

Company type

Private

Founded year

1957

Operating status

Operating

Short description

Leif Grimsrud AS is a Halden-headquartered Norwegian machine contractor operating three divisions—civil engineering, marine/coastal construction, and outdoor environment—serving public and private clients across Østfold, southern Akershus, and the Oslofjord region as a wholly-owned subsidiary of Veidekke Entreprenør AS.

Ownership category

akta.pro rank

Headquarters

HQ city

Halden

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Contracting Services: Project-based revenue from civil engineering, construction, and infrastructure projects including roads, bridges, railways, water supply systems, drainage, coastal/marine construction, and outdoor environment projects. Revenue generated through competitive bidding on public and private contracts, with project sizes ranging from small assignments to large infrastructure projects.
2. Marine/Coastal Construction Services: Specialized maritime construction services including pier/breakwater construction and rehabilitation, sea pipeline systems for water supply and sewage, cable laying, diving inspections, and dredging operations. The coastal department alone generated approximately 80 million NOK in 2018.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Leif Grimsrud AS is a machine contractor (maskinentreprenør) operating in Eastern Norway since 1957. The company delivers civil engineering and infrastructure works, coastal and marine construction, and outdoor environment services through three divisions (Anlegg, Kystmiljø, Utemiljø), supported by a fleet of 700+ machines and 234 employees.

Product overview

Leif Grimsrud AS is a machine contractor (maskinentreprenør) offering construction services through three main operational divisions: Anlegg (Infrastructure/Construction), Kystmiljø (Marine/Coastal), and Utemiljø (Outdoor Environment). The Anlegg division handles specialized foundation, concrete, and timber construction work including power stations, bridges, VA (water/sewage) systems, and road/railway infrastructure. The Kystmiljø division serves as a marine contractor performing pipeline systems, pier construction, submarine cable installation, and dredging. The Utemiljø division provides complete outdoor installations including paving, planting, playgrounds, and sports facilities. The company also maintains a modern machine fleet (Maskinpark) comprising excavators, dumpers, trucks, boats, and specialized equipment to support all divisions.

Differentiator

Problem solved

Functional benefit

Products and services

• Anlegg — Civil Engineering and Infrastructure Construction Construction and infrastructure services including groundworks, rail and road construction, civil engineering, blasting, and mass haul for public-sector clients (Statens Vegvesen, Bane Nor, municipalities) and private developers.
• Kystmiljø — Coastal and Marine Construction Coastal and marine construction services including Quays, breakwaters, port construction, and shoreline restoration (stone pitching, traditional masonry) for public harbors, municipalities, and private waterfront developments.
• Utemiljø — Outdoor Environment and Landscaping Outdoor environment and landscaping services including parks, sports facilities, playgrounds, and site preparation for private cabin/house owners and municipalities.

Quantifiable outcome

• 825 million NOK annual revenue (2023)
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Isachsen Entreprenør AS: Isachsen Entreprenør is a regional Norwegian machine contractor offering earthmoving, civil engineering, and transportation services. Most directly comparable peer given similar operating model as a mid-sized machine contractor targeting municipal and infrastructure contracts.
• Brødrene Sunde AS: Brødrene Sunde is a Norwegian machine contractor with similar operating model — civil engineering, infrastructure, and specialized machinery operations. Comparable as a mid-sized Norwegian contractor with diversified service offerings across construction segments.
• Hæhre Entreprenør AS: Hæhre Entreprenør is a large Norwegian infrastructure and civil engineering contractor specializing in roads, bridges, and major earthworks. Comparable as a contractor targeting similar public infrastructure tenders with significant machinery fleet investments.
• Kynningsrud AS: Kynningsrud is a Norwegian contractor group with foundation, civil engineering, and specialized construction operations. Comparable as a mid-sized Norwegian contractor with similar capabilities in foundation work, infrastructure, and machine-based contracting.

Broad incumbents

• NCC Norge AS: NCC Infrastructure (NCC Norge) is a major Nordic contractor operating in Norway across infrastructure, civil engineering, and specialized groundwork. Directly comparable for road, rail, and bridge construction contracts and project execution dynamics.
• Skanska Norge AS: Skanska Norge is the Norwegian arm of global construction giant Skanska, competing directly for civil engineering, road, bridge, and railway contracts. Represents the kind of large national competitor Leif Grimsrud increasingly faces on public infrastructure tenders.
• Veidekke ASA: Veidekke ASA is the parent company and one of Scandinavia's largest construction groups. Provides direct comparison for the operating environment, bidding dynamics, and margins Leif Grimsrud operates within, while also being the controlling owner of the subject company.
• AF Gruppen ASA: AF Gruppen is a major Norwegian contracting and engineering group with significant civil engineering, building, and environmental services. Comparable as a publicly listed Norwegian contractor with diversified construction operations across multiple segments.
• Peab Norge AS: Peab is a major Nordic construction group with significant Norwegian operations in civil engineering, infrastructure, and groundwork. Comparable as a large contractor competing for public tenders across Norway and increasingly entering regional markets.

Others

• Multiconsult ASA: Multiconsult is a leading Norwegian engineering consultancy designing infrastructure projects. Adjacent rather than directly competing — Multiconsult designs the projects that contractors like Leif Grimsrud build, making it a relevant ecosystem comparator for the public infrastructure value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/leifgrimsrudbil
• LinkedInlinkedin.com/company/leif-grimsrud-as

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Leif Grimsrud AS