NACE 43.223

Margins and profitability in ventilation installation

270 Norwegian companies in this industry. The median operating margin was 5.0 %, meaning what was left of revenue once every cost had been paid.

23 % 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 10,632,676NOK 11,302,775
Operating profitNOK 392,280NOK 1,801,374
Revenue per employeeNOK 1,848,586NOK 2,386,228

Revenue per employee is calculated on the 163 of 270 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 -8.2 %, and one tenth above 18.7 %. That is the real spread in the industry, not an average.

Top against weakest third

Top third
13.0 %
Weakest third
-3.0 %
Spread
16 percentage points
Equity ratio
34.2 %median of 270

Size

Profitability by size

Profitability by size
RevenueCompaniesMedian operating margin
1 to 5 m823.5 %
5 to 20 m934.0 %
20 to 100 m726.5 %
over 100 m237.1 %

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
Oslo28
Sandnes7
Askim6
Lysaker6
Ålesund5
Trondheim5

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 270 companies in the industry have won at least one public contract since 2022, that is 14.8 %.

Those that win have median revenue of NOK 70.6m, against NOK 7.5m for those that do not. That is 9.5× 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 228 contracts we find come most often from these buyers.

Who puts them out to tender
Statsbygg17
Forsvarsbygg15
NTNU13
Rogaland fylkeskommune12
Sykehusinnkjøp HF10

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 ventilation installation

What is a normal operating margin in ventilation installation?
The median operating margin was 5.0 %, meaning what was left of revenue once every cost had been paid. Half of the 270 companies in the sample were above it, and half below.
What separates the best from the weakest in ventilation installation?
The top third had an operating margin of 13.0 %, against -3.0 % for the weakest. The spread is 16 percentage points, within the same industry, the same country and the same year.
How many companies are there in ventilation installation in Norway?
We hold filed accounts for 270 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 Ventilation installation generate per employee?
The median company in Ventilation installation turns over NOK 1.8m per employee. The figure is calculated on the 163 of 270 companies that report an employee count.
How many are loss-making in ventilation installation?
23 % of the companies in the sample posted a negative operating result.
How large is a typical company in ventilation installation?
Median revenue is NOK 10.6m. Half of the companies fall between NOK 3.8m and NOK 36.1m.
How much do public contracts matter in ventilation installation?
40 of 270 companies, that is 14.8 %, have won at least one public contract since 2022. They have median revenue of NOK 70.6m, against NOK 7.5m for the rest.

Next

Related industries

Other industries in the same group

Method. 270 companies registered on industry code 43.223 (Ventilation installation) 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.

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