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AF Gruppen ASA: Business Overview, Financials & Competitive Analysis

AF Gruppen ASA scores 7/10 on the AskCyborg Cyborg Score (Strong). AF Gruppen's multifaceted strategy of operational excellence, client-focused service, and environmental stewardship ensures it remains a key player in the Nordic construction arena. AF Gruppen achieved record revenues of NOK 9,252 million in Q4 with earnings before tax of NOK 653 million (7.1% margin), ending the year with highest.

What is AF Gruppen ASA's industry? AF Gruppen ASA (afgruppen.com) operates in Construction & Engineering - Civil Engineering, Building Construction, Energy Solutions, Environmental Services. AskCyborg classifies AF Gruppen ASA under Construction & Engineering - Civil Engineering, Building Construction, Energy Solutions, Environmental Services in its company registry.

AF Gruppen is the third largest civil engineering and construction company in Norway. The company is listed on Oslo Stock Exchange and has six business areas, operating primarily in Norway and Sweden with expertise sp...

7/ 10Strong

Cyborg Score thesis

AF Gruppen's multifaceted strategy of operational excellence, client-focused service, and environmental stewardship ensures it...

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Industry Construction & Engineering - Civil Engineering, Building Construction, Energy Solutions, Environmental Services
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: October 19, 2026
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AF Gruppen ASA OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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AF Gruppen ASA Overview

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AF Gruppen is the third largest civil engineering and construction company in Norway. The company is listed on Oslo Stock Exchange and has six business areas, operating primarily in Norway and Sweden with expertise spanning infrastructure, buildings, energy, environmental services, and offshore decommissioning.

Strategic Profile

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AF Gruppen, with roots stretching back to 1985, has built a robust reputation on four sturdy pillars: civil engineering, building construction, energy solutions, and environmental services. The company has affirmed its commitment to sustainability by embracing demolition and recycling projects that minimize environmental impact and maximize resource recovery, adhering to a forward-thinking ethos that aligns with global sustainability trends.

Competitive Landscape

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AF Gruppen ranks as the third largest civil engineering and construction company in Norway. The Nordic construction sector is highly competitive with numerous regional and international contractors competing for infrastructure, building, and offshore projects. AF Gruppen differentiates through integrated service offerings, sustainability focus, and established presence across multiple market segments.

Industry Context

AF Gruppen ASA operates in Construction & Engineering - Civil Engineering, Building Construction, Energy Solutions, Environmental Services.

Key facts

Founded: 1985 · Headquarters: Oslo, Norway · Employees: 5,803 · Revenue: $2.94B · Market cap: $1.89B

What the AI analysts debated

AI-generated and not independently verified: selected findings from the multi-agent debate on AF Gruppen ASA.

  • Civil engineering is the largest division in the AF Group, with operations across Norway and Sweden
  • AF Gruppen is strengthening its concrete operations in Sweden through acquisition of 70% of H.A. Bygg Entreprenad AB with remaining 30% held by employees
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Recent developments

Material events tracked by the AskCyborg corpus.

  • Q4 2025Record revenues of NOK 9,252 million with 7.1% profit margin and strong order intake
  • 2025Expanding concrete operations in Sweden through strategic acquisitions
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

General Construction & EngineeringNordic construction and development→Civil Engineering & InfrastructureNordic construction contractor→Specialized ConstructionMajor construction and engineering→

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Industry context

AF Gruppen ASA operates in Construction & Engineering - Civil Engineering, Building Construction, Energy Solutions, Environmental Services. See how the rest of the sector scores on the Cyborg framework.

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How AskCyborg research is made

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AI-generated research summary based on public sources; it may contain errors or omissions. Not investment advice. Not reviewed or endorsed by the companies covered. Report an error: legal@askcyborg.com · Terms of Service

Frequently asked questions

What does AF Gruppen ASA do?+
AF Gruppen is the third largest civil engineering and construction company in Norway. The company is listed on Oslo Stock Exchange and has six business areas, operating primarily in Norway and Sweden with expertise sp...
What is AF Gruppen ASA's Cyborg Score?+
AF Gruppen ASA has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are AF Gruppen ASA's main competitors?+
Named competitors include General Construction & Engineering, Civil Engineering & Infrastructure, Specialized Construction. The full competitive landscape is in the AskCyborg report.
How can I get the full AF Gruppen ASA research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the AF Gruppen ASA research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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