NACE 42.110

Margins and profitability in construction of roads and motorways

59 Norwegian companies in this industry. The median operating margin was 3.1 %, meaning what was left of revenue once every cost had been paid.

27 % of the companies in this industry posted a negative operating result that year.

In kroner

Revenue and operating profit

Revenue and operating profit
Median companyTop third
RevenueNOK 98,672,170NOK 96,426,784
Operating profitNOK 3,691,483NOK 13,004,219
Revenue per employeeNOK 3,082,776NOK 3,311,140

Revenue per employee is calculated on the 53 of 59 companies that report an employee count, as the median of the ratio within each company.

Median, not mean. A mean would be pulled up by the largest companies in the industry, and would say little about a typical one.

The distribution

What companies in the industry earned

One tenth of companies fell below -5.6 %, and one tenth above 13.0 %. That is the real spread in the industry, not an average.

Top against weakest third

Top third
10.9 %
Weakest third
-4.1 %
Spread
15 percentage points
Equity ratio
32.8 %median of 59

Size

Profitability by size

Profitability by size
RevenueCompaniesMedian operating margin
20 to 100 m222.8 %
over 100 m283.2 %

Companies are split into revenue bands, with the median margin in each. Bands with fewer than ten companies are omitted, because the median becomes too unstable to show.

Geography

Where the companies are based

Where the companies are based
Oslo5
Vikersund3
Nesttun2
Inderøy2
Stange2
Skedsmokorset2

The six postal towns with the most companies in this industry, by registered business address.

Public contracts

Who in the industry wins public contracts

40 of 59 companies in the industry have won at least one public contract since 2022, that is 67.8 %.

Those that win have median revenue of NOK 173.8m, against NOK 76.8m for those that do not. That is 2.3× as much. It describes who wins, not evidence that contracts make companies large; large companies also find it easier to bid.

Who puts them out to tender

The 275 contracts we find come most often from these buyers.

Who puts them out to tender
Statens vegvesen66
Vestland fylkeskommune22
Bane NOR SF19
Rogaland fylkeskommune12
Helse Sør-Øst RHF8

Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.

Questions and answers

Common questions about construction of roads and motorways

What is a normal operating margin in construction of roads and motorways?
The median operating margin was 3.1 %, meaning what was left of revenue once every cost had been paid. Half of the 59 companies in the sample were above it, and half below.
What separates the best from the weakest in construction of roads and motorways?
The top third had an operating margin of 10.9 %, against -4.1 % for the weakest. The spread is 15 percentage points, within the same industry, the same country and the same year.
How many companies are there in construction of roads and motorways in Norway?
We hold filed accounts for 59 Norwegian companies on this industry code with at least one million kroner in revenue. The real number is higher, since dormant and very small companies are excluded.
How much revenue does a company in Construction of roads and motorways generate per employee?
The median company in Construction of roads and motorways turns over NOK 3.1m per employee. The figure is calculated on the 53 of 59 companies that report an employee count.
How many are loss-making in construction of roads and motorways?
27 % of the companies in the sample posted a negative operating result.
How large is a typical company in construction of roads and motorways?
Median revenue is NOK 98.7m. Half of the companies fall between NOK 46.2m and NOK 686m.
How much do public contracts matter in construction of roads and motorways?
40 of 59 companies, that is 67.8 %, have won at least one public contract since 2022. They have median revenue of NOK 173.8m, against NOK 76.8m for the rest.

Next

Related industries

Other industries in the same group

Method. 59 companies registered on industry code 42.110 (Construction of roads and motorways) with filed accounts and at least one million kroner in revenue. The figures come from the Norwegian Register of Business Enterprises and are public. Operating margin is operating profit divided by operating revenue.

All figures are from the 2025 accounts as filed with the Brønnøysund Register Centre. The year comes from the accounting period, not from the filing date, so every company appears with the year its figures actually cover.

We show one cross-section and no trend line. Our database has broad coverage for 2024 and 2025, but only a small and non-random sample for the years before. A curve over a longer period would therefore measure who we happened to collect, not what happened in the industry.

Companies with under one million in revenue are excluded, because dormant limited companies would otherwise pull the median down. We do not publish an industry page until we hold at least 30 companies.

This is a description of an industry, not a ranking of companies. We name no individual company here.

59 companies · Brønnøysund Register Centre · Open tenders in this industry