About Olav Olsen
Olav Olsen is a Real Estate & Construction company based in Lysaker (Norway) founded in 1962 by Olav Olsen, and was acquired by Artelia Group in October 2020. Real estate and infrastructure development services are provided. The company has 127 employees. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Diversified.
Company details
Olav Olsen was founded in 1962 by Olav Olsen and is headquartered in Lysaker, Norway. Real estate and infrastructure development services are offered, with operations centered on construction projects and property-related activities. The company functions within the Norwegian market, handling developments in urban and regional areas. Focus is placed on practical implementation of infrastructure needs and real estate solutions.
- Headquarters Lysaker, Norway
- Employees 127
- Founders Olav Olsen
- Stage Acquired
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website olavolsen.no/en
- Social LinkedIn Facebook
- Acquired by Artelia Group (Oct 2020)
- Annual Revenue$25.88 M (USD)11as on Dec 31, 2022
- Net Profit$2.18 M (USD)78as on Dec 31, 2022
- EBITDA$2.82 M (USD)44as on Dec 31, 2022
- Latest Funding Round$1.9M (USD), Grant
Sep 2020
- InvestorsArtelia Group
& 1 more
- Employee Count127
- Acquired byArtelia Group
(Oct 2020)
Funding Insights of Olav Olsen
- Total Rounds 3
- Last Round Grant — $1.9M
- First Round $504,458
(Jun 2015)
- Investors Count 1
All 3 funding rounds of Olav Olsen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $1.9M | Grant | – | – | |
| Nov 2018 | $1.21M | Grant | – | – | |
| Jun 2015 | $504,458 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Olav Olsen
Olav Olsen has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Artelia Group and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Engineering and consultancy services are provided for the construction sector. | 2011 | arteliagroup.com | Lyon, France |
Investor details for Olav Olsen
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People of Olav Olsen
11 people are tracked at Olav Olsen (3 in leadership, 8 in team); the tracked headcount is 127.
| Name | Role | Group |
|---|---|---|
Olav Olsen | Founder | Leadership |
Olav Weider | Managing Director | Leadership |
Heidi Algarheim | CFO | Leadership |
Ole Bjørn Falang | Sivilingeniør | Team |
Mingbo Yang | Sivilingeniør Geoteknikk | Team |
Magnus Engseth | Departementet Manager Buildings | Team |
Marcus Dahl | IT Manager | Team |
Kristoffer Nevstad | Structural Engineer | Team |
André Nymo | Civil Engineer | Team |
Gunnar Rognaas | Senior Advisor | Team |
Håkon Andersen | Structural Engineer | Team |
Complete people profiles for Olav Olsen
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Timeline of Olav Olsen
4 dated milestones of Olav Olsen across 58 years, from founding to its latest funding, stage changes and deals.
- Founded Olav Olsen is founded.
- Funding First funding round of $504K.
- Funding Latest funding round, Grant, of $1.9M.
- Exit Acquired by Artelia Group.
Web traffic of Olav Olsen
The website of Olav Olsen (olavolsen.no) receives about 2K visits a month.
- Monthly visits2K
▼ 22.8% vs previous month
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Frequently Asked Questions about Olav Olsen
Olav Olsen was founded in 1962 and raised its 1st funding round 53 years after it was founded.
Olav Olsen is headquartered in Lysaker, Norway.
Olav Olsen has 127 employees.
Annual revenue of Olav Olsen is $25.88M as on Dec 31, 2022.
Olav Olsen was founded in 1962 by Olav Olsen and is headquartered in Lysaker, Norway. Real estate and infrastructure development services are offered, with operations centered on construction projects and property-related activities. The company functions within the Norwegian market, handling developments in urban and regional areas. Focus is placed on practical implementation of infrastructure needs and real estate solutions.
Olav Olsen has 2 investors. Key investors include Artelia Group, and European Union.
Yes. Olav Olsen was acquired by Artelia Group in October 2020.