Veidekke ASA - Company Profile
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Veidekke ASA (Veidekke) is a provider of construction and property development services. The company carries out civil engineering and construction activities for transport infrastructure projects and other public infrastructure projects. It designs, develops, and maintains residential, commercial and public buildings. The company’s property portfolio includes commercial buildings such as shopping centers, hotels and office buildings; industrial buildings comprise of schools and healthcare properties; residential properties includes apartments, and transportation projects including operation and maintenance of public roads. Veidekke company also manufactures asphalt, aggregates, and crushed stone products. The company, along with its subsidiaries has operations in Norway, Sweden and Denmark. Veidekke is headquartered in Oslo, Norway.
Headquarters
Norway
Address
Skabos Vei 4, Oslo, 0278
Website
www.veidekke.no
Telephone
47 2 1055000
No of Employees
8,084
Industry
Construction
Ticker Symbol & Exchange
VEI (OSL)
Revenue (2022)
$4.1B
11.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-2%
(2022 vs 2021)
Market Cap*
$1.4B
Net Profit Margin (2022)
XYZ
-12.1%
(2022 vs 2021)
* As of and is in US$
Veidekke ASA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Asphalt | Residential and Commercial Building Construction |
| Crushed Stones | Heavy Construction |
| Aggregates | Building Renovation |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, Hoffman signed a DKK 580 million contract with Square Copenhagen for the modernization of Helmerhus. |
| 2024 | Contracts/Agreements | In March, Arcona was commissioned by Locum to perform an extensive renovation project at Sodersjukhuset in Stockholm, Sweden. |
| 2024 | Contracts/Agreements | In March, the company was selected by Sarpsborg municipality to undertake the expansion and renovation of the Alvim treatment plant. |
Competitor Comparison
| Key Parameters | Veidekke ASA | Skanska AB | AF Gruppen ASA | Per Aarsleff Holding AS | NRC Group ASA |
|---|---|---|---|---|---|
| Headquarters | Norway | Sweden | Norway | Denmark | Norway |
| City | Oslo | Stockholm | Oslo | Viby J | Lysaker |
| No. of Employees | 8,084 | 26,543 | 6,176 | 8,680 | 1,960 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Svein Richard Brandtzaeg | Chairman | Executive Board | 2019 | 64 |
| Jorgen Wiese Porsmyr | Chief Financial Officer; Director | Executive Board | 2020 | 49 |
| Jimmy Bengtsson | Chief Executive Officer | Senior Management | 2019 | 56 |
| Gro Bakstad | Chairman | Executive Board | 2022 | 56 |
| Charlotta Nilsen | Director - Construction Sweden | Senior Management | - | - |
| 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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