Labkyl Ab

What Labkyl Ab does

Labkyl Ab is a Stockholm-headquartered B2B engineering and installation firm that designs, builds, and services CO2-based (R744 natural refrigerant) cooling, heating, and energy-optimization systems for commercial and residential buildings. Founded in 1977 originally as Industri och Laboratoriekyl, the company pivoted decisively in 2005 to natural refrigerants and now operates around its proprietary DLE (Delta Lift Energy) platform — a modular CO2 heat-pump family (DLE-75 Air through DLE-2700) paired with the in-house DLE Supervisor control software (developed with wholly-owned subsidiary Deltastyr). The technology is delivered as an integrated heating, cooling, and hot-water solution that draws energy from geo, air, or water sources.

The company monetizes across four streams: project-based installation of DLE and standard CO2 refrigeration systems (one-time); recurring service agreements covering preventive maintenance, regulatory leak-testing, and emergency response (subscription); energy-optimization consulting via its in-house energy department; and equipment sales, including the refurbishment/Återbruk of existing CO2 units. Customers are predominantly Swedish enterprise accounts — property owners/managers (Vasakronan, John Mattson, Hufvudstaden/NK), grocery and food retail chains (ICA, Willys, Costco, City Gross), hotels and spas (Yasuragi, Marholmen), hospitals (Evidia/Elisabethsjukhuset), and industrial operators.

Since joining Nordic Climate Group in 2020 alongside the acquisition of Entek Entreprenadteknik, Labkyl has expanded its multi-trade delivery capability through the installation.se joint venture (with Saltsjö Ventilation and Triclima). Operating from Stockholm (Årsta) and Uppsala, the firm holds ISO 9001 and ISO 14001 certifications (20+ years), maintains standardized serial production of DLE units for rapid delivery, and runs a direct enterprise field-sales motion with referral-driven demand and active project-based content marketing.

Name

Labkyl Ab

Legal name

Labkyl

Website

https://labkyl.se

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Short description

Labkyl Ab designs, installs, and services CO2-based cooling, heating, and energy-optimization systems for Swedish enterprises — property owners, food retailers, hotels, and industrial operators — anchored by its proprietary DLE heat-pump and DLE Supervisor control platform.

Ownership category

akta.pro rank

Product category

HVAC and Refrigeration Services

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Power Boiler and Heat Exchanger Manufacturing (33241)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Chillers, Boilers & Central Plant Operations (BPABACAG)

akta.pro secondary industries

Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC), Building Thermal Controls & Building Management Systems (HVAC BMS) (IMAHAKAK), Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF), Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

Keywords

• CO2 cooling systems
• Heat pump solutions
• Industrial refrigeration
• Energy optimization services
• Natural refrigerant HVAC

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Installation Services: New installation of cooling and heating systems including DLE concept systems for commercial and residential properties. Projects range from small restaurant installations to large property-wide climate solutions.
2. Service Agreements: Ongoing maintenance and service contracts for cooling and heating installations, including preventive maintenance, emergency repairs, and regulatory leak checks.
3. Energy Optimization Services: Labkyl's energy department provides comprehensive energy optimization services including analysis, recommendations, implementation, and follow-up for existing installations. They help customers identify efficiency improvements and implement solutions.
4. Equipment Sales: Sale of CO2-based cooling and heating equipment including DLE heat pump units and related components.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Labkyl designs, installs, and services CO2-based (R744 natural refrigerant) cooling, heating, and energy optimization systems for commercial, residential, and industrial buildings. Its proprietary DLE (Delta Lift Energy) concept combines CO2 heat pumps with the proprietary DLE-Supervisor control platform to deliver heating, cooling, hot water, and comfort cooling year-round, supplemented by ongoing service agreements, energy optimization services, and equipment refurbishment.

Product overview

Labkyl Ab operates as a comprehensive cooling and climate solutions provider, organized around its proprietary DLE (Delta Lift Energy) concept — a CO₂-based heat pump and control technology system — supplemented by a broad portfolio of service areas covering food refrigeration, comfort cooling, ice rinks, control and automation (DLE Supervisor), restaurant/storkök, server room cooling, industrial cooling, service agreements, energy optimization, and refurbishment of CO₂ units. The DLE concept functions as the core technology platform: it combines CO₂ heat pump/chiller units available in sizes from DLE-75 Air through DLE-2700 with proprietary DLE Supervisor control software and optional Air Units (outdoor air units) to deliver simultaneous heating, cooling, and hot water to buildings year-round. Supporting service lines address specific verticals (food retail, ice arenas, restaurants, data centers, industrial facilities) and lifecycle needs (service contracts, energy optimization, equipment refurbishment/reuse), creating a unified offering unified by natural refrigerant (CO₂/R744) technology and a shared commitment to sustainability.

Differentiator

Problem solved

Functional benefit

Products and services

• DLE Koncept (värmepumpar) Comprehensive CO2-based heat pump energy solution combining natural refrigerant heat pumps with the DLE-Supervisor control platform to provide heating, cooling, hot water, and comfort cooling to properties year-round with minimal climate impact. Targets property owners, retailers, and industrial clients.
• Serviceavtal Customized recurring service agreements for ongoing maintenance, preventive care, emergency repairs, and regulatory leak testing of refrigeration and cooling installations across Sweden.
• Energieffektivisering Energy optimization and efficiency improvement services including full facility analysis, heat recovery recommendations, system optimization, and ROI calculations for existing cooling and heat pump installations.
• Livsmedelskyla Refrigeration solutions for food retail and grocery stores, including refrigerated and freezer rooms, display cases, and integration with store HVAC systems. Designed for supermarkets and food retailers.
• Isbanor Design, construction, and modernization of ice rinks, including new construction and renovation of ice rink cooling and heating systems with heat recovery for adjacent facilities such as swimming halls and sports halls.
• Serverrumskyla Cooling solutions for data centers and server rooms with high availability requirements, including precision cooling, N+1 redundancy, UPS cooling, and free cooling using CO2-based technology.
• Industrikyla Industrial cooling solutions for manufacturing and storage facilities with high demands on precision and reliability, including process cooling applications for industries such as food manufacturing and bakeries.
• Återbruk av Kylmaskiner & CO2-aggregat Circular economy refurbishment and upgrade service for existing CO2-based refrigeration units and cooling systems to extend operational life, reduce environmental impact, and recover energy performance without full replacement.

Quantifiable outcome

• 78% reduction in purchased energy (8,600,000 kWh/year) at Sergelgatan project
• +10 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core, major and minor.

• Nordic Climate GroupcoreStrategic or Co-development Partner · 6 May 2020Labkyl is part of Nordic Climate Group, a network of leading cooling companies in Sweden, Norway, Finland, Denmark, and the Netherlands. Nordic Climate Group provides shared resources, brand identity, and collaborative expertise while maintaining local company names and market positions.
• installation.se NetworkcoreStrategic or Co-development Partnerinstallation.se is a network including Labkyl, Saltsjö Ventilation, Entek (Entreprenadteknik), Delta Styr, and Triclima. These companies collaborate on complex installation projects, offering combined expertise in cooling, ventilation, electrical, and control systems.
• Aneo RetailmajorImplementation/ SI/ Consulting PartnerAneo Retail served as main contractor for ICA Supermarket Ösmo project where Labkyl installed CO2 cooling systems. Described as professional and knowledgeable by Labkyl, with proactive collaboration throughout the project.
• Entek EntreprenadteknikmajorImplementation/ SI/ Consulting PartnerEntek Entreprenadteknik serves as main contractor for technical installations in collaboration with property owners like John Mattson. Acquired by Labkyl in 2020 and operates as part of installation.se network.
• Ferax Installationsprojekt ABminorImplementation/ SI/ Consulting PartnerConsulting firm working with Labkyl on Sergelhusen project, recognizing DLE technology advantages.
• Bengt Dahlgren ABminorImplementation/ SI/ Consulting PartnerBengt Dahlgren provided expertise in energy efficiency for Vasslan 3 project in collaboration with Labkyl.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Assemblin: Major Nordic installation and service contractor for HVAC, electrical, and plumbing. Operates with comparable enterprise project delivery, service-agreement recurring revenue, and Swedish/Nordic geographic focus.
• Bravida: Leading Nordic provider of technical installation and service solutions across HVAC, electrical, and plumbing. Closely comparable in scale, customer segments (property owners, enterprises), and service/installation business model serving Swedish and Nordic markets.
• NIBE: Swedish-headquartered manufacturer of heat pumps and HVAC equipment, including natural-refrigerant solutions. Comparable product technology (heat pumps, energy-efficient climate systems) and Swedish/Nordic customer base, though NIBE is significantly larger and more product-led.
• Caverion: Nordic-headquartered provider of smart technical solutions for buildings and industries, with HVAC and cooling service lines comparable to Labkyl. Similar enterprise customer base and recurring service model across the Nordic region.

Broad incumbents

• Viessmann: German manufacturer of heating, industrial, and refrigeration systems with a strong focus on natural refrigerants and heat pumps. Comparable in CO2/heat-pump technology deployment for commercial and residential climate solutions across European markets.
• Trane Technologies: Global HVAC and refrigeration incumbent expanding its portfolio of low-GWP and natural-refrigerant commercial solutions. Serves similar enterprise and property-management customers with broader geographic reach than Labkyl.
• Danfoss: Danish-headquartered supplier of refrigeration components, controls, and CO2 system solutions. Provides enabling technology and competes for commercial/industrial refrigeration projects comparable to Labkyl's DLE installations.
• Carrier Commercial Refrigeration: Global refrigeration and HVAC incumbent offering CO2 and natural refrigerant systems alongside broader portfolio. Directly competes for supermarket and enterprise refrigeration customers in Sweden and is expanding its natural-refrigerant footprint as F-gas regulation tightens.
• Bosch Thermotechnology: Global HVAC and heat-pump manufacturer increasingly focused on natural-refrigerant and low-GWP solutions. Competes for commercial heating/cooling customers and represents a scaling threat as natural-refrigerant technology diffuses.

Others

• Alfa Laval: Swedish-headquartered global supplier of heat exchangers and thermal transfer equipment that supplies enabling technology into HVAC/refrigeration systems comparable to Labkyl's DLE heat pumps. Adjacent supplier relationship to the same value chain.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/labkyl

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

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 Labkyl Ab