Veidekke ASA - Company Profile
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Veidekke ASA (Veidekke) is a provider of construction and property development services. The company specializes in construction, civil engineering, and infrastructure projects. Its major services include the construction of roads, railways, power plants, industrial facilities, residential buildings, community properties, and commercial properties. It designs, develops, and maintains residential, commercial and public buildings. Veidekke’s services include residential and commercial building construction, civil engineering and infrastructure, asphalt work, building renovation, property development, maintenance and management, industrial waste recycling, and road maintenance. The company also manufactures asphalt, aggregates, and crushed stone products. It has operations in Norway, Sweden, and Denmark. Veidekke is headquartered in Oslo, Norway.
Headquarters
Norway
Address
Standardveien 28b, Oslo, 0581
Website
www.veidekke.no
Telephone
47 2 1055000
No of Employees
7,697
Industry
Construction
Ticker Symbol & Exchange
VEI (OSL)
Revenue (2024)
$4.1B
4.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
23.2%
(2024 vs 2023)
Market Cap*
$2.6B
Net Profit Margin (2024)
XYZ
18.0%
(2024 vs 2023)
* As of and is in US$
Veidekke ASA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Asphalt | Residential and Commercial Building Construction |
| Aggregates | Civil Engineering and Infrastructure |
| Crushed Stones | Asphalt Work |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In April, the company acquired asphalt contractor Nord Vei og Asfalt AS in Troms County with the approval from the Norwegian Competition Authority. |
| 2026 | Contracts/Agreements | In April, the company secured a NOK 5.4 billion contract from the Norwegian Public Roads Administration to expand the E134 Oslofjord Connection road and tunnel project. |
| 2026 | Contracts/Agreements | In April, the company has been awarded a contract by the grid company Tensio to build a new transformer substation in Klaebu. |
Competitor Comparison
| Key Parameters | Veidekke ASA | Skanska AB | Per Aarsleff Holding AS | AF Gruppen ASA | NRC Group ASA |
|---|---|---|---|---|---|
| Headquarters | Norway | Sweden | Denmark | Norway | Norway |
| City | Oslo | Stockholm | Viby J | Oslo | Lysaker |
| State/Province | Oslo | Stockholm | - | - | - |
| No. of Employees | 7,697 | 26,043 | 8,782 | 5,805 | 1,518 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Egil Haugsdal | Chairman | Executive Board | 2024 | 65 |
| Jimmy Bengtsson | Chief Executive Officer | Senior Management | 2019 | 60 |
| Jorgen Wiese Porsmyr | Chief Financial Officer; Executive Vice President | Senior Management | 2020 | 54 |
| Terje Larsen | Executive Vice President - Risk Management and IT | Senior Management | 2013 | 65 |
| Martin Gadd | Executive Vice President - Construction Sweden | Senior Management | 2024 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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