Norconsult

Sandvika, Norway Founded: 1929 • Age: 97 yrs
Engineering consulting services are provided for multiple industries worldwide.

About Norconsult

Norconsult is a company based in Sandvika (Norway) founded in 1929.. The company has 6,320 employees as of December 31, 2024. Norconsult has completed 10 acquisitions, including Aas Jakobsen, Concreto and Fundator. Norconsult offers products and services including Architecture Services and Renewable Energy Consulting.

  • Headquarter Sandvika, Norway
  • Employees 6320 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Norconsult Asa
Operational Areas
Industrial Goods & Manufacturing → Industrial Engineering & Technical Services
Key Metrics
  • Annual Revenue
    $916.91 M (USD)
    8.85
    as on Dec 31, 2024
  • Net Profit
    $43.69 M (USD)
    -3.88
    as on Dec 31, 2024
  • EBITDA
    $101.29 M (USD)
    -5.84
    as on Dec 31, 2024
  • Latest Funding Round
    $296.07 K (USD), Grant

    Sep 01, 2022

  • Investors
  • Employee Count
    6320

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Norconsult

Norconsult is a publicly listed company on the OSL with ticker symbol NORCO in Norway, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OSL · Ticker: NORCO . Sector: Industrial services · Norway

Products & Services of Norconsult

Norconsult offers a comprehensive portfolio of products and services, including Architecture Services and Renewable Energy Consulting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Architecture services are offered for projects involving bathing facilities, housing, and public spaces

Renewable energy consulting is provided for hydropower, wind power, and solar projects

Funding Insights of Norconsult

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $296,070
  • First Round

    (01 Jan 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Grant - Norconsult Valuation

investors

Jan, 2020 Amount Grant - Norconsult Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Norconsult

Norconsult has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Norconsult

Norconsult has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Aas Jakobsen, Concreto and Fundator. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of engineering consulting, plumbing, fire advice, building designing, and other services
2014
Concrete solutions for planning, execution, polishing, and safety are offered.
2013
Engineering and project planning services are provided by Wikon.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Norconsult

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Norconsult Comparisons

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Competitors of Norconsult

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Norconsult

Frequently Asked Questions about Norconsult

When was Norconsult founded?

Norconsult was founded in 1929 and raised its 1st funding round 91 years after it was founded.

Where is Norconsult located?

Norconsult is headquartered in Sandvika, Norway.

How many employees does Norconsult have?

As of Dec 31, 2024, the latest employee count at Norconsult is 6,320.

What is the annual revenue of Norconsult?

Annual revenue of Norconsult is $916.91M as on Dec 31, 2024.

What does Norconsult do?

Norconsult was founded in 1929 and is headquartered in Sandvika, Norway. Engineering consulting services are delivered across various sectors, including infrastructure, energy, and transportation. Operations span multiple countries, with a focus on sustainable solutions and project management. Expertise is applied in planning, design, and advisory roles to support public and private clients in Europe and beyond.

What products or services does Norconsult offer?

Norconsult offers Architecture Services and Renewable Energy Consulting.

Is Norconsult publicly traded?

Yes, Norconsult is publicly traded on OSL under the ticker symbol NORCO.

How many acquisitions has Norconsult made?

Norconsult has made 10 acquisitions, including Aas Jakobsen, Concreto, and Fundator.

Who are Norconsult's investors?

Norconsult has 1 investor. Key investors include European Union.

What is Norconsult's ticker symbol?

The ticker symbol of Norconsult is NORCO on OSL.

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