AF Gruppen ASA - Company Profile

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AF Gruppen ASA (AF Gruppen) is a construction contractor. It carries out heavy construction projects in six business areas including property, building, civil engineering, environment and energy, and offshore. The company provides civil engineering services for projects such as roads, rail, foundation work, airports, fitting, building, and securing tunnels. It also carries out new construction work, upgrading of oil and gas installations, besides port facilities. The company offers development and leasing services for commercial, residential, and public sector buildings. It serves public and private sectors industries. The company has its operations in Norway, Sweden, Germany, Lithuania and China. AF Gruppen is headquartered in Oslo, Norway.

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Headquarters Norway

Address Innspurten 15, Oslo, 0663


Telephone 47 2 2891100

No of Employees 6,176

Industry Construction

Ticker Symbol & Exchange AFG (OSL)

Revenue (2022) $2.9B -2.2% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -58.1% (2022 vs 2021)

Market Cap* $1.3B

Net Profit Margin (2022) XYZ -57.0% (2022 vs 2021)

* As of and is in US$
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AF Gruppen ASA premium industry data and analytics

100+

Construction Projects

Access new construction projects and identify projects matching key criteria such as location, stage, sector, size, funding  and many others.

40+

Project Contacts

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1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for AF Gruppen ASA (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on AF Gruppen ASA’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
Property Development
Building Services
Heavy Construction
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 New Products/Services In November, the company introduced Norway’s first electric dump trucks in its construction site.
2023 Contracts/Agreements In April, the company signed a contract worth NOK1,081 million with FREVAR KF for a new treatment plant in Fredrikstad municipality.
2023 Contracts/Agreements In April, the company secured contract to build wind power projects in southern Sweden.
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Competitor Comparison

Key Parameters AF Gruppen ASA Skanska AB Peab AB Veidekke ASA Royal Boskalis Westminster NV
Headquarters Norway Sweden Sweden Norway Netherlands
City Oslo Stockholm Bastad Oslo Papendrecht
No. of Employees 6,176 26,543 15,000 8,063 7,872
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Pal Egil Ronn Chairman Executive Board 2016 55
Amund Toftum Chief Executive Officer Senior Management 2020 45
Anny Oen Executive Vice President - Finance; Chief Financial Officer Senior Management 2022 49
Geir Flata Executive Vice President - Civil Engineering and Offshore Senior Management - 45
Eirik Wraal Executive Vice President - Construction, Energy and Environment Senior Management - 44
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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