NACE 68.120

Margins and profitability in development of building projects

41 Norwegian companies in this industry. The median operating margin was 2.7 %, meaning what was left of revenue once every cost had been paid.

37 % 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 38,420,477NOK 35,832,013
Operating profitNOK 606,653NOK 5,240,514
Revenue per employeeNOK 1,921,024NOK 2,257,810

Revenue per employee is calculated on the 37 of 41 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 -58.4 %, and one tenth above 26.0 %. That is the real spread in the industry, not an average.

Top against weakest third

Top third
19.1 %
Weakest third
-34.8 %
Spread
54 percentage points
Equity ratio
24.4 %median of 41

Size

Profitability by size

Profitability by size
RevenueCompaniesMedian operating margin
20 to 100 m211.6 %
over 100 m103.1 %

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
Oslo11
Trondheim2
Tvedestrand1
Søreidgrend1
Heimdal1
Kristiansand S1

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

Public contracts

Who in the industry wins public contracts

6 of 41 companies in the industry have won at least one public contract since 2022, that is 14.6 %.

Only 6 companies in the industry have won a public contract since 2022. That is too few for us to say how large they are compared with the rest.

Who puts them out to tender

The 13 contracts we find come most often from these buyers.

Who puts them out to tender
Politiets fellestjenester5
Sirkula IKS1
Bybanen Utbygging1
Oslobygg KF1
Tvedestrand kommune1

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 development of building projects

What is a normal operating margin in development of building projects?
The median operating margin was 2.7 %, meaning what was left of revenue once every cost had been paid. Half of the 41 companies in the sample were above it, and half below.
What separates the best from the weakest in development of building projects?
The top third had an operating margin of 19.1 %, against -34.8 % for the weakest. The spread is 54 percentage points, within the same industry, the same country and the same year.
How many companies are there in development of building projects in Norway?
We hold filed accounts for 41 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 Development of building projects generate per employee?
The median company in Development of building projects turns over NOK 1.9m per employee. The figure is calculated on the 37 of 41 companies that report an employee count.
How many are loss-making in development of building projects?
37 % of the companies in the sample posted a negative operating result.
How large is a typical company in development of building projects?
Median revenue is NOK 38.4m. Half of the companies fall between NOK 23.3m and NOK 99.3m.
How much do public contracts matter in development of building projects?
We find almost no public contracts in this industry since 2022, so public procurement appears to play little role here.

Next

Related industries

Other industries in the same group

Method. 41 companies registered on industry code 68.120 (Development of building projects) 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.

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